Published on June 16, 2020
The key to profitability in distribution is being able to fill orders your customer needs while minimizing your stock on-hand. Quite often we see most of the focus placed on the sales side trying to generate orders to match what is in stock. Too much stock, run a promotion, offer a discount, or bundle.
Topics: SAP Business One Cloud, Warehouse Management, distribution solutions
Published on April 13, 2020
Shelter in place orders have been in place for weeks and negatively impacting buinsess.
Topics: Distribution Software, Warehouse Management, distribution solutions
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.
Topics: Cloud Computing, inventory management, distribution solutions, SAP Business One Tips and Tricks
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.
Topics: inventory management, distribution solutions, SAP Business One Tips and Tricks
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.
Topics: inventory management, distribution solutions, SAP Business One Tips and Tricks
Published on June 20, 2019
SAP has been a leader in distribution management software, and they have maintained their leadership by staying ahead of trends to meet customer needs. The 2019 SAP SMB Innovation Summit held in Orlando June 18-20 was focused on how SAP customers are already using big data, coupled with artificial intelligence to create the Intelligent Enterprise.
Topics: digital transformation, distribution solutions, Technology Trends, SMB Market, intelligent enterprise
Published on June 7, 2019
We are often asked if SAP Business One will be as easy to use as QuickBooks, but the question is not as simple as it may seem. QuickBooks is a simpler system and built for small businesses that may not have a true accountant, or a logistics manager for their inventory. So if you base the question on simplicity, the answer would be absolutely not.
Topics: SAP Business One, Distribution Software, SAP Business One Cloud, SMB ERP Software, distribution solutions, outgrowing quickbooks
Published on September 15, 2018
Are you ready to use today's technology to enhance your businesses? Take our quick 10 question survey to find out.
Topics: SAP Business One, Distribution Software, digital transformation, distribution solutions
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