The concept of inventory control and management is an easy one to grasp—determine what to stock, in what quantity, and when to order more. But in practice, things are a little more complicated. Prompt access and delivery of stock is key to keeping your customers happy (leading to more repeat business), but over-stocking can reduce
A true ERP system requires input from multiple departments throughout the company. As technology evolves, ERP planning requires you to manage your operations differently. For most companies, ERP systems are the backbone of a smooth operation. Here are six tips to manage your enterprise for success: 1. Customize your system to manage your business growth
What is inventory optimization? In a simple sense, inventory optimization is what you get when you strike the perfect balance between having enough inventory to satisfy your customer service standards while stocking as little inventory as possible. Customer service standards involve meeting demand—but not past the point that you have too much. But inventory optimization
Better data drives profitability, revenue growth, inventory management, and productivity. Learn more with this infographic, “Better business outcomes start with better information.” Click the inforgraphic to view larger.
Choosing the correct ERP software solution is a major strategic business decision with long-term implications. While most businesses spend time and resources evaluating the efficacy of newly implemented software, it is vital that this same focus is brought to evaluating your ERP software options prior to the point of purchase. When Does Your Business Need
The cannabis industry is evolving quickly and as it becomes legal in more states across the country, cannabis businesses are popping up at an exploding rate. This growth affects every stage of the cannabis supply chain, known as seed-to-sale, and the competition at each stage is keeping pace. From the cultivators responsible for harvesting the