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...

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...

Medical Device Industry: 4 Ways to Stay Competitive

August 15 2016 by Daniel Fritsch | Blog, Demand forecasting, Industry news, Inventory management, Purchasing & replenishment, Tips & Tricks

The diagnostics equipment and medical device industry has demonstrated and continued to record a period of steady growth, reporting an average of 2.3% over the...

Optimizing Inventory Control with Microsoft Dynamics GP

July 28 2016 by Chris Knuth | Blog, Demand forecasting, Inventory management, Purchasing & replenishment, Technology, Tips & Tricks

Microsoft Dynamics GP, formerly Great Plains, is an Enterprise Resource Planning (ERP) tool that delivers out-of-the-box business management functionality including financial planning and accounting, sales...