Today’s manufacturing environment is all about eliminating waste and building efficiency into every area of the business – including purchasing – so you can offer a quality product at competitive prices. But if you’re still using outdated purchasing processes, it can lead to problems on the shop floor that affect workflow, customer relationships and the company’s bottom line.
A fundamental principal of business operations is distinguishing your company from the competition. Since larger companies often have the advantage of scale, smaller companies must find ways to differentiate themselves to appeal to new customers, retain existing customers, and add new revenue streams. One way distributors can do this is by offering value-added services to their customers.
AI is transforming how business leaders look at enterprise resource planning (ERP) functionality, driven by digital disruptors that are leveraging AI across several dimensions to innovate on behalf of customers. But what is it? And how exactly can it help a business grow? This white paper outlines how artificial intelligence will increasingly support and enhance core ERP capabilities for distributors.
Implementing or replacing your ERP system is no light matter. It may appear to be a difficult and painful process, but, if executed correctly, it can open business opportunities and make your life easier.
Are you manufacturing like a boss? The 13 To Do's in this whitepaper will give you the steps you need to master manufacturing with swagger and skill. Download the whitepaper today.
Speed and accuracy of response is often the difference between winning and losing new business. For manufacturers, this is most clear when estimating or responding to new bid opportunities. Your business must be able to react quickly and quote accurately to gain a competitive edge.
Manufacturers and industrial companies involved with complex or capital equipment are by nature project-oriented. For all project manufacturers, they must maintain profitability, which is a challenge, but is sometimes even more difficult
Being able to provide product and lot traceability has become a critical requirement in the food & beverage industry. Food safety regulations mandate that companies have in place quality control plans and documented procedures, while customers may demand that lot traceability be demonstrated to as part of a supplier audit, to ensure recalls can be managed effectively.
Managing reverse logistics and depot repair, or all operations related to the reuse of products and materials, is a growing challenge for B2C and B2B manufacturers, retailers and service organizations. Despite the difficulties, addressing reverse logistics issues should be a priority for any product-based service business engaged in aftermarket repair services.