Over the years, businesses have created and implemented numerous different inventory management techniques in an attempt to improve profit through decreased costs. Although each system works in a different way, the following principles are universal to inventory management. Along with a good enterprise resource planning (ERP) system, these 6 steps are the key to good inventory management.
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Topics:
ERP,
enterprise resource planning,
inventory management,
inventory,
budget,
john shepperson,
oates co,
forecasting,
turnover ratio,
perpetual inventory,
purchase procedures
When looking for an enterprise resource planning (ERP) system, manufacturing businesses must consider how their ERP will interact with their manufacturing processes, whether they use discrete, process, or mixed manufacturing.
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Topics:
ERP,
enterprise resource planning,
inventory,
john shepperson,
oates co,
recipes,
workflow,
mixed mode manufacturing,
discrete manufacturing
Choosing between on-premise enterprise resource planning (ERP) software or cloud-based ERP software is an ongoing challenge for today’s businesses.
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Topics:
ERP,
enterprise resource planning,
john shepperson,
oates co,
on-premise,
hybrid,
cloud-based
Modern business practices are moving from traditional hardware and software solutions to the cloud. The cloud is a place where you can host your software and sometimes even hardware on someone else’s system. Hosting your information online has become easier and less expensive with the advances in server technology over the last 15 years. You'll have the same network security as Google, Amazon, or Microsoft but without having to invest the same time, capital, and labor costs.
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Topics:
ERP,
enterprise resource planning,
cloud,
integration,
john shepperson,
cloud-based ERP,
oates co,
customization,
scalable,
security
Process manufacturing software is a type of enterprise resource planning (ERP) software that focuses on streamlining your manufacturing processes. Using an ERP can change the time and energy your company puts into analyzing manufacturing and improving your numbers.
The right ERP software can improve your systems and save you time and money the following 4 ways:
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Topics:
ERP,
automation,
customer relationship management,
enterprise resource planning,
integration,
john shepperson,
oates co,
real time,
process management
According to a recent study by Gartner, cited in the Manufacturing Business Technology magazine, cloud-based enterprise resource planning (ERP) systems are becoming more proficient at offering the services manufacturing companies need. The study found that a significant number of businesses are planning to move their ERP systems to cloud-based hybrid software as a service (SaaS) solutions integrated with business process outsourcing.
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Topics:
ERP,
enterprise resource planning,
cloud,
john shepperson,
cloud-based ERP,
oates co,
business technology
When it comes to inventory control, Acumatica is one of a handful of enterprise resource planning (ERP) solutions available for businesses. Acumatica increases quality and creates valuable processes to cut costs and increase revenue. While any business control software is good for your inventory management, there are several things you need to keep in mind when implementing an ERP system. Proper user management, location controls, tracking systems, and workflow planning are all essential for proper inventory control.
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Topics:
ERP,
enterprise resource planning,
john shepperson,
oates co,
workflow,
tracking systems,
location controls,
acumatica,
user management
In the world of distribution, the tiniest of glitches has consequences. Tracking your supply chain on one end and shipping on the other is a monumental task, and it's likely that you have multiple departments with multiple employees. How can you ensure the right product gets out at the right time to the right customer?
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Topics:
ERP,
automation,
sage erp x3,
enterprise resource planning,
john shepperson,
oates co,
distribution,
real time
Chances are that, if you’re in a business that’s conducive to flexibility, you’ve had employees express a desire for work options that include more than coming to the office every day. Employers often worry that not having their staff in the office will decrease productivity, but studies have shown that more job flexibility can actually increase productivity.
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Topics:
ERP,
enterprise resource planning,
cloud,
mobility,
working remotely
Acumatica is a cloud-based enterprise resource planning (ERP) software system for managing distribution businesses. An ERP’s value is often overshadowed by its implementation learning curve, which makes it easy for business owners to overlook their many positive attributes. For distribution businesses considering Acumatica or trying to improve the effectiveness of their current ERP systems, here's how an ERP can help increase efficiency, drive revenue, and cut costs.
Enterprise resource planning systems can:
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Topics:
ERP,
enterprise resource planning,
cloud,
inventory management,
integration,
john shepperson,
cloud-based ERP,
oates co,
customization