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 gets complicated when supply and demand are constantly in a state of flux across a sizeable number of SKUs. The larger the complexity, the bigger the challenge. Read the entire eBook here.
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Locally hosted technology has less appeal to organizations as widespread high-speed internet access, the need for mobility and smart devices have given rise to cloud computing. As the benefits of cloud accounting are realized by more companies, one thing is clear: the cloud has changed the way business operates. Whether you know it or not,
This is the second part of the 2-part series entitled 10 Questions to Ask Before Selecting Your Distribution ERP System. Check out Part 1. To recap, your distribution company has decided to invest in a new ERP system to drive growth and foster a competitive advantage for your distribution business. From Part 1, you’ve assessed