Your inventory is the lifeblood of your ecommerce business. Without a steady flow of products in and out of your inventory, your business won’t survive! These are the top four ecommerce inventory issues you may face, and some tips to help you overcome them. 1. Stock Visibility Do you have a clear vision of how […]
Enterprise Resource Planning (ERP) systems have evolved dramatically over the past decade, with cloud-based solutions leading this transformation. Cloud ERP represents a fundamental shift from traditional on-premises software to internet-based platforms that offer businesses unprecedented flexibility, scalability, and cost-effectiveness. Understanding Cloud ERP Cloud ERP is a comprehensive business management software delivered as a service through […]
When accounting for the purchase of materials for inventory, the cost of those materials in your inventory system will reflect what you paid your supplier for those materials. However, there are a wide variety of other costs that come into play to actually move the goods from the supplier’s facilities to your shelves, including: Freight […]
In an engineer-to-order (ETO) environment, estimation can often be one of the most critical parts of your business. Estimation processes involve your sales, engineering, production, and marketing teams coming together to scope, spec, cost, price, and quote finished product for your customer. When everything is working smoothly and facilitated by your ERP software, estimation allows […]
If you’re a publisher or book distributor, searching for a new ERP system can be daunting. Because the book industry is so unique, not every solution is feature-rich enough to help you bring all your systems under one roof. If you’re looking for a new software solution, don’t settle for a system that will force […]
If you’re looking to increase your bottom line and cut expenses, your shipping department can be a great place to start. It’s easy to get comfortable with your shipping spend, and since bills from shipping carriers are generally consolidated, it can be easy to miss opportunities for cost savings on your inbound and outbound shipments. […]
When business leaders begin planning areas for improvement in a new ERP implementation, the warehouse is all too often ignored. But the warehouse is often an area where automation and reporting can deliver immediate impact through powerful warehouse management (WMS) features in modern ERP solutions. This article highlights just a few of the ways you […]
Accounting fraud can be a costly problem for business owners. A recent study from the Association of Certified Fraud Examiners estimated that, on average, organizations lose 5% of their revenue to fraud each year, with a median loss amount of $140,000. The same study revealed that internal controls for fraud prevention, including proactive data monitoring […]
In a modern manufacturing environment, an ERP solution isn’t just an accounting system. Strong ERP products can be put into play as an integral part of your shop floor production processes, with data collected in realtime for analysis, reporting, and calculation of margins and variance from plan. But as with any software program, the insights […]
As online sales increase, processes that were manageable back when you were getting a few dozen orders a day can suddenly create huge headaches when your daily order count is in the hundreds or thousands. These headaches lead e-commerce site owners to spend too much time juggling paperwork and multiple software programs, when they could […]
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