Posts for "Inventory Management"

Within the ERP industry, there is no common glossary of terms to describe various implementation processes, and there probably never will be. Most terms are marketing slogans coined by software vendors or consulting firms that imply their implementation methods are better than their competitor’s. Over the years rapid deployment methodologies have evolved to address the age-old problems: ERP projects can take too long and cost too much. In its purest sense, rapid deployment focuses on compressing the project timeline by employing several project management strategies. While at times these strategies should be used when managing any ERP project, it is the ... READ MORE

For many organizations evaluating ERP software, it is not unusual when the euphoric atmosphere during the software demonstrations eventually gives way to the harsh realities of implementation. That is, ERP software vendors are no help in setting realistic expectations and are usually part of the problem. Understanding the games that many ERP vendors play during the evaluation process can help avoid selecting the wrong package and dooming your project from the start. First it must be recognized that the business of peddling ERP software involves huge commissions and the biggest sales pitch on the planet. While software vendors speak of the desire to partner with ... READ MORE

When people discuss the concept of a perfect supply chain model, the discussion generally hovers around the topic of maximizing synergy between the essential links in your supply chain, such as product sourcing, development, logistics, and information systems. Many look to supply chain management and inventory optimization software to deliver products on time and at a competitive price. However, the relevance of social media with the success of your supply chain is a prospect most companies are still unfamiliar with. If you dig a little deeper, you will realize that open communication and collaboration of ideas is the cornerstone of both ... READ MORE

The most challenging aspect of inventory management is maintaining proper inventory control. Every business has had to deal with shortages, overages, excess inventory, and bottle-necks in the shipping and distribution process, so knowing how best to manage these issues is key to successful inventory control. The top recommendations that we found around the web included: Identify shortages ahead of time Track distressed inventory properly Forecast inventory needs to avoid excess inventory Don’t overreact to changes in the market Of course, that's not all there is to proper inventory control, so we took a look across the web to find resources and tips from inventory management ... READ MORE

Although it's easier than ever for consumers to buy products and have their purchases arrive the next day, it's had the opposite effect on businesses, making it even more difficult for warehouses to keep their supply chain running smoothly. The production centers and distribution channels that supply chains are built on often experience extreme fluctuations, which is why we need effective warehouse and inventory management systems now more than ever. So what's the difference between warehouse and inventory management? Integration Difference Between Warehouse and Inventory Management When it comes to integrating these two types of software into your operations, it's much easier ... READ MORE

With more and more small businesses depending upon online sales for their business, finding the right inventory management software can be difficult. There are plenty of solutions for large businesses and enterprises, but a 10-person local business that's offering its products online can't make use of a solution from Oracle or SAP. That's where these top 5 inventory management software for SMBs comes in. Whether you're a one-man team or have dozens of users, you're bound to find an inventory management software solution below that fits in with the needs of your company. Check them out, and let us know what ... READ MORE

We get a lot of questions about Quickbooks, and not without good reason. Since its debut Intuit's accounting solution has become one of the most popular pieces of business software for small businesses looking to get their financial books in order. Key to the Quickbooks sales pitch is the idea of providing accounting tools that are powerful and highly functional, but can still be picked up and used productively by users who aren't professional accountants. Across its suite of online and offline versions Quickbooks offers tools for the small business environment that simply outperform a simple Excel spreadsheet. One question in particular ... READ MORE