Scott Beaver Enterprise resource planning (ERP) systems deliver immense value by integrating core business functions, such as finance, inventory management, manufacturing, sales, project management and human resources (HR), with a single, unified platform that provides centralized access to critical data. With greater visibility into these functions, business leaders can increase efficiency, reduce costs and unlock […]
Scott Beaver You may think when it comes to choosing an enterprise resource planning (ERP) software system to run your business, you have to make a hard choice between on-premises software or a cloud-bsed solution. But for many organizations, it may make sense to combine both—an approach known as hybrid ERP. Organizations often adopt this […]
Any company with a product-centric supply chain likely has anywhere from 20% to 30% of its assets tied up in inventory holding costs (depending on the specific industry). Those holding costs include not only the value of the products themselves, but also the cost of warehousing, controlling and insuring those goods. Ineffective inventory control processes […]
Rebeca Bichachi | Product Marketing Specialist Surely, no IRS audit could be as horrific as the one portrayed in the 2023 Oscar-winning movie “Everything Everywhere All at Once.” Still, the possibility of being questioned by the Internal Revenue Service about a tax return is not something any business wants to experience — even with the […]
David Luther | Digital Content Strategist No customer wants to be told that the item they’re looking for is out of stock. But if a business doesn’t effectively manage its supply chain, it may have to deliver that news to an unhappy customer. This is especially true for manufacturing supply chains, which involve all the […]
Manual processes, such as inventory putaway and order picking, are not only time-consuming (i.e., costly), but they increase the likelihood of mistakes, leading to longer order fulfillment times and, in turn, dissatisfied customers who can easily shop elsewhere. The risk of employees getting hurt on the job from physically moving, lifting and transporting boxes of […]
