3 Ways a Purchasing Process Optimizes your Business

November 16 2016 by Maggie Bendis | Blog, Demand forecasting, Inventory management, Purchasing & replenishment, Tips & Tricks

The terms “purchasing” and “procurement” have become confused in the modern business lexicon; in fact, the terms refer to two discrete processes. Procurement refers to...

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...

NetSuite and Oracle Merger: ERP for a Wider Market

October 19 2016 by Maggie Bendis | Blog, Demand forecasting, Industry news, Inventory management, Technology

NetSuite was the very first company providing cloud software solutions to businesses, and they have continued to be number one ever since. One of the leading...

Building your Business in the Construction Materials Industry

October 7 2016 by Daniel Fritsch | Blog, Demand forecasting, Industry news, Inventory management, Tips & Tricks

One major area of wholesale distribution is the Construction Materials Industry. The construction materials industry includes suppliers of the raw materials used by construction firms...

Bill of Materials and Wholesale Distribution: How do they fit?

October 4 2016 by Maggie Bendis | Blog, Demand forecasting, Inventory management, Technology, Tips & Tricks

A bill of materials, as known as BOM or Bill of Material, is similar to a recipe in that it contains a list of components...

Unraveling EOQ for Wholesale Distribution

September 19 2016 by Maggie Bendis | Blog, Demand forecasting, Inventory management, Purchasing & replenishment, Tips & Tricks

Economic order quantity (EOQ) concerns the most cost-efficient method of ordering stock. The objective is to reduce stock costs to a minimum in order to...