For distribution companies, learning to distinguish between spikes and seasonality is one of the hardest things to do. Even Gordon Graham, considered by many to be the guru of forecasting, never quite nailed down a surefire way to sort the sporadic from the seasonal. His solution? After applying a simple formula to flag the potentially [...]
Tag Archives: inventory management
Tag Archives: inventory management
Managing Different Inventory Rules with Microsoft Dynamics
Does all the inventory in your warehouse have the same reordering guidelines? For most distributors, the answer is no, because certain items often require different restocking policies based on item type and historical usage. When you’re trying to manage sets of inventory that need to be treated differently, you can either rely on mostly manual [...]
Tag Archives: inventory management
Why You’re Paying Too Much for Business Management Software
How much does it cost to run your business management software? If your organization has multiple systems that don’t work well together, you probably have a lot of unnecessary expenses associated with maintaining these solutions. For starters, you end up paying multiple vendors for maintenance, upgrades and training. When something goes wrong, the vendors start [...]
Tag Archives: inventory management
The Grass is Greener in the Cloud
Running multiple disparate systems in your company is not only inefficient, but it isn’t the most environmentally-friendly way to operate, either. The technology exists to create a greener, paperless office and reduce your dependence on manual processes and costly hardware. Money and time spent on reams of paper, printers, toner, servers and Excel spreadsheets adds [...]
Tag Archives: inventory management
Top Three Reasons to Leverage the Cloud
Sometimes, things happen that make you realize it’s time to change your business management system. Did it take your IT staff two months to upgrade your accounting software? Or maybe a brief power outage stopped production in your company for almost two days. Maybe you found out that your outdated Warehouse Management System won’t work [...]
Tag Archives: inventory management
3 Ways One System Benefits Field Reps
When your technicians or sales people return from customer visits, how much time do they spend re-keying information and orders into your company’s systems? What happens when a customer tells one of your field sales reps that they need to place a large order for a particular item, but when the sales rep arrives back [...]