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 minimized and revenue maximized. To ensure that purchasing and warehouse costs remain low, strategic supplier selection is an important consideration. There are a number of...Read more
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 profit and loss. In wholesale distribution, stock is sold at a unit cost very close to the purchase price, so overstocking will immediately have a...Read more
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 suppliers of Enterprise Resource Planning (ERP) software, the NetSuite solution to ERP is the one most preferred solutions deployed by businesses around the globe. The...Read more
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 when building commercial and residential properties. This means that basic materials such as brick, stone, concrete and cement in addition to wood, lumber, wood paneling...Read more
All successful wholesale distributors have a vision for how they wish to grow and develop, but there is often a gap between the idea and reality. While the corporate strategy may be sound, it is easy for this vision to become lost in the minutiae of operations management. The various...Read more
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 and customer service, procurement, inventory control and Human Resources (HR). Purchased by Microsoft in 2001, Microsoft Dynamics GP is a global enterprise resource planning tool...Read more