Staying Competitive in Industrial Components Wholesale

April 6 2017 by Chris Knuth | Blog, Demand forecasting, Industry news, Inventory management, Purchasing & replenishment, Technology

Industrial components wholesale distribution involves supplying to those companies that produce goods for sale to consumers. As such, it is based on derived demand; the...

Optimizing the Warehouse with Strategic Supplier Selection

March 21 2017 by Julia Hallin | Blog, Inventory management, Purchasing & replenishment, Tips & Tricks

In the wholesale distribution of nonperishable goods, a winning strategy is key to ensure profitability of the operation. Throughout the supply chain, costs must be...

Purchase Planning: Basics, Considerations, & Best Practices

March 9 2017 by Daniel Fritsch | Blog, Inventory management, Purchasing & replenishment, Tips & Tricks

Purchase planning for a wholesale distribution operation is a critical issue. Since purchasing is linked directly to stocking levels, it can mean the difference between...

Breaking Down Inventory Costs for Wholesale Distribution

February 24 2017 by Maggie Bendis | Blog, Industry news, Inventory management, Purchasing & replenishment, Tips & Tricks

Ordering inventory to stock and sell involves inventory costs beyond the purchase price of each item; the process of buying stock and storing it has...

The Guide to Distribution Software

February 9 2017 by Chris Knuth | Blog, Inventory management, Purchasing & replenishment, Technology, Tips & Tricks

In wholesale distribution, managing the costs of the warehousing operation against revenue is key – which is where distribution software assists the wholesale operation. Distributors...

SAP for the SMB: A Look into one of the Top Cloud ERPs

November 1 2016 by Maggie Bendis | Blog, Demand forecasting, Inventory management, Purchasing & replenishment, Technology, Tips & Tricks

SAP, founded in 1970, initially started as software for a simplified payroll system; rather than payroll details having to be processed overnight, the software enabled...