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The Value of Time

Published on May 21, 2019

Time is a non-replenishable commodity and I think everyone reading this blog would say that their time is extremely valuable.   If you don't find this article interesting, it will be a waste of time! 

In almost every industry there is a value to time. 

  • How much time does it take to fill an order?
  • Do you waste time looking for information, or reconciling differences between systems
  • How long does it take to create a quote, or enter a hand created or faxed in order?

So is there an intrinsic value to time?

There are numerous reasons to say the answer is yes!   There are economic theories used to value activities without time.  A recent story on public radio asked people what they would need to be paid not to engage in free activities.  Studies have valued Facebook at $48-50 per month because that was the median value of how much people would take to not login to the social media site.  Surprisingly, and not so surprisingly, indoor plumbing and the toilet are the most valued commodity we don't directly pay for!

For SAP Distribution.com we look at our service as a valuable commodity.  We add value in obvious and not so obvious ways.

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Topics: Small Business Growth, SAP Business One Cloud, Grow Your Business, Agility of the Cloud, Cloud Computing, SMB ERP Software, Cloud 3.0, Technology Trends, SMB Market


Coverings - The Global Tile & Stone Experience

Published on April 11, 2019

Coverings is the premier event for the tile & stone in the North America with more than 1100 exhibitors from around the world.  2019 represents the 30th anniversary of the event which also included a variety of educational experiences, networking and insights for architects, interior designers, builders and remodelors as well as fabricators and distributors.

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Topics: SAP Business One Cloud, Grow Your Business, Tile and Stone Small Medium Size Businesses, SMB ERP Software, SAP Business One 9.3, International Trade, Flooring Industry, outgrowing quickbooks, Flooring Distributors


The 3 Rs of Surviving in a Zero Margin World

Published on March 1, 2017

SAPDistribution's own President, Gary Feldman, was a guest on the SMB Jumpstreet podcast recorded live at the annual 90 Minds’ Meeting of the Minds Conference in sunny San Diego, CA.

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Topics: Grow Your Business


Step 7: Managing Channel Proliferation

Published on December 30, 2016

Back in the plain brick and mortar days you shipped goods to a physical location for the customer from your physical location.

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Topics: Grow Your Business


Step 6: Inventory in a Kitting and Assembly Environment

Published on December 20, 2016

Some people consider kitting and assembly to be the same thing, but for this blog:

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Topics: Grow Your Business


Step 5: Improving Picking Efficiencies

Published on December 14, 2016

Efficiency can be defined as the ability to accomplish a job with a minimum expenditure of time and effort. In our last blog, we talked about receiving efficiency, but it’s picking, packing, and shipping that’s at least ½ – if not more – of your warehouse’s labor effort.

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Topics: Grow Your Business


Step 4: Improving Receiving

Published on December 9, 2016

In our previous blog, Step 3: Partnering with Suppliers, we discussed how effective inventory management starts by partnering with suppliers before you even receive your stock. When you consider that effective inventory management is having the right quantity of the right item in the right location at the right time, you can see how important receiving inventory and recording the putting away of goods properly.

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Topics: Grow Your Business


Step 3: Partnering with Suppliers

Published on November 30, 2016

As discussed in the previous posts on effective inventory management (Step 1: Accuracy in Your Warehouse and Information Systems and Step 2: Optimizing Your Warehouse Floor), the key remains is the right inventory available for your customers when they need it – without stocking too much. In this blog, we discuss how partnering with suppliers has become even more important when managing inventory in the 21st century.

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Topics: Grow Your Business


Step 2: Optimizing Your Warehouse Floor

Published on November 16, 2016

When I meet a new prospective customer, one of the first things I like to do is walk their warehouse floor. The organization, cleanliness, and structure tell me a great deal about how the business will be as a client.

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Topics: Grow Your Business


Step 1: Accuracy in Your Warehouse and Information Systems

Published on November 9, 2016

When our clients and prospects are successful, we assume that they have visibility into an accurate, perpetual inventory count. A July 2016 study, however, found that only 81% of best in class distributors and 63% of the remaining distributors in the study had real-time inventory information. If you’re reading this article, you may or may not have the basics of a perpetual inventory system in place, but you need one – a complete, accurate, and real-time inventory system.

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Topics: Grow Your Business


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