Accurate Stock Balances – It is absolutely crucial for ERP Accounting Software to have accurate stock balances to control and manage inventory. Following are 5 tips on the first steps to strategically gain control with accurate stock balances. Distributors often spend hundreds of thousands of dollars on new computer systems to control their inventory, only to be disappointed with lower turnover and unhappy customers. Over time, we have discovered that most of the time, their problems have nothing to do with their software. This problem is because the available quantities. … Read more
Inventory Control - Meet your customer expectations while maximizing your company net profitability with help from our CRM Accounting Software. Following are 8 tips on the first steps to strategically control your inventory. Understanding the problem: Stockouts and lost sales decrease customer service. Too much stock creates decreased turnover and smaller profitability. Many know the material is somewhere, but where? … Read more
Metrics – How to make more with less using Inventory Management Software. Metrics that provide clear, concise inventory performance and profitability over time. Following are 4 tips on the first steps to strategically gain control with Inventory Metrics. Customer Service Report: This measures the percentage of time that you have stock available when a customer wants it. We are starting with this metric because it is the most important. If you don’t have what they want … Read more
Replenishment – Two questions on ordering stock items with recurring usage using Distribution Accounting Software … when and how much? Following are 2 tips on the first steps to advise on when to order and how much to order. When to order: When you reorder an item at exactly the right time, you avoid both disappointing customers and stock outs. Let say you sell 2 items every day, the lead time is 6 days, then your minimum quantity is … Read more
Progress for America | 4 | 10/2/2013 |
