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SAP Distribution Blog

Gary Feldman

Recent Posts

Theory for Empowering Your Employees - Part 1

Published on November 18, 2020

We all know the pandemic has changed the way we work. Many offices have been closed for over six months, and companies have had to adapt and change.  It is reasonable to expect we will not just return to the “old ways” of doing things. To the contrary, most experts believe that the pandemic has accelerated the pace of digital transformation which has helped to streamline processes to promote cost savings at a time when companies need it the most.

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Topics: digital transformation, Technology Trends


Limiting Debt and Preserving Cash to Win During Down Economies

Published on September 30, 2020

Typically, the best way to manage cash during a recession is to prepare for it before the recession hits. Companies which reduced their debt before the crisis have more flexibility to take on new debt. This is especially true now as banks start to cut back on credit limits.   In this second blog in our series on the 5 Tips for Thriving in the New Normal, we review some of the numerous strategies for limiting debt and preserving cash.

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5 Tips for Thriving in the New Normal

Published on September 24, 2020

The global pandemic has led to one of the worst economic declines in history. This economic turmoil is unprecedented because the 2020 shutdown was so abrupt and caused by factors not economic in nature. We have no playbook for dealing with a forced shutdown and an inconsistent re-opening process. The CARES Act and economic stimulus is behind us and additional stimulus is unlikely in an election year, and the economy will likely not be “back to normal” for a foreseeable future. So, what are small to mid-sized businesses to do now?

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Topics: Distribution Software, Small Business Growth, SAP Business One Cloud


7 Tips to Prepare for Recession

Published on March 23, 2020

 

With restrictions on travel, social distancing and mandatory quarantines, the current estimates are for double digit decline in GDP in Q2 2020.  After surviving Y2k, the dot com bomb, and the financial crisis we have learned many lessons about how to survive a recession.  Since doing nothing is not an option and tightening the belt will only help so much, consider some of the following tips to prepare for and emerge stronger if there truly is an impending recession. 

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Topics: Cloud Computing, inventory management, distribution solutions, SAP Business One Tips and Tricks


Technology Trends in the Small to Mid-Sized Business Market for 2020

Published on March 9, 2020

In my role as leader of a Cloud ERP provider, I have the luxury and pleasure of research and learning from industry analysts such as Gartner, SMB Group and IDC along with leading publishers like Microsoft, SAP, Sage and Citrix. I listen to these companies and temper them with the experience of hundreds of customers to form opinions on products and services that will improve the effectiveness and efficiency of our clients.

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Topics: outgrowing quickbooks, Technology Trends, SMB Market


Strategies for Slow Moving Inventory

Published on March 3, 2020

When you have items which are slow moving they are like keeping cash in a bank account with no interest and recurring fees.  If your inventory does not turn at a regular and frequent rate there are actions you can take to improve your cash flow and bottom line.

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Topics: inventory management, distribution solutions, SAP Business One Tips and Tricks


Using Inventory Classification to Optimize Inventory

Published on January 7, 2020

You optimize your inventory when you reduce your carrying value to the lowest amount necessary to meet your order fill rate objectives.  Classification is the segregation of inventory into categories.  One of the most common methods for classification is the ABC method where A are your most valuable items and C are your least valuable items.  The idea is to focus on your high value items which have the most impact on carrying value. 

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Topics: inventory management, distribution solutions, SAP Business One Tips and Tricks


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