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.
Topics: ERP, enterprise resource planning, inventory management, inventory, budget, john shepperson, oates co, forecasting, turnover ratio, perpetual inventory, purchase procedures
Every good business needs enthusiastic staff members, experienced managers, and a well-stocked inventory to give customers the best experience possible. But sometimes you want your business to exceed expectations and go above and beyond when it comes to being a first choice for customers.
Topics: customers, inventory, john shepperson, oates co, customer service, forecasting, purchasing trends
Getting visibility from the shop floor to the top floor of any manufacturing center begins through the effective use of business intelligence. Manufacturers are streamlining their operations while gaining greater insights into where and how they can improve operations using business intelligence applications and platforms.
In addition, integrating business intelligence applications with customer relationship management (CRM) and enterprise resource planning (ERP) systems provides insights and knowledge about manufacturing operations and company operations that weren’t available before.
Here are some strategies for improving manufacturing with business intelligence:
Topics: ERP, supply chain, customer relationship management, business intelligence, key performance indicators, enterprise resource planning, inventory, crm, integration, john shepperson, oates co, manufacturing, KPI, forecasting, metrics, suppliers
Today, business moves at a phenomenal pace, with decisions needing to be made on the spur of the moment, often requiring the consideration of large sums of money, inventory, personnel, and other important aspects of business.
Topics: Sage, business intelligence, Sage 100, Sage 100 ERP, john shepperson, oates co, forecasting, ODBC compliant, connector, intelligence reporting
There were no mobile phones with data plans just a few years ago. Now mobile phones have more computing power than the technology that sent the first rocket into space. Wi-Fi hotspots, unlimited data plans, and phone networks with increasingly large areas of coverage make data not only easy to access, but easy to use. Some of the old mobile phones allowed you to view certain online pages, like Yahoo! Sports, but there was no way to interact with the internet like we see now. Employees can receive and send emails. Salespeople can place orders. Warehouse workers can control inventory. Purchasers can track stock levels. Managers can track employees. Customers can track their packages.
Topics: ERP, oates, customer relationship management, technology, data, enterprise resource planning, software, cloud services, crm, john shepperson, customize, forecasting, dashboards
