Tag Archive: distributor

Why We Should Pay Attention to Inventory

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I presented on “Inventory Accuracy Remains Core to Success” at ASQ (American Society of Quality) Palomar last night, and we had great questions and discussions on why inventory is important for success. In essence, it boils down to 3 C’s — cost, cash and customer service. What could be more important for a business? Unfortunately, inventory can often be overlooked in its importance because it is such a bedrock topic — and left to the people who focus on it. However, any executive who wants to grow the business, provide exceptional service to customers and accelerate cash flow better pay attention. I’m often-times…
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Why ERP Selection is a Strategic Topic

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ERP (enterprise resource planning) systems are the backbone of every manufacturer and distributor. Just take a look at what happens if the system is down for a few hours. People pack up and go home. That is a bit discouraging as we should know how to run manual processes; however, that’s a topic for another day. The bottom line is that we use ERP systems to place customer orders, purchase materials, plan production, ship product and invoice customers. They are cornerstone to success. Not only do we use ERP systems for these core functions but there are also opportunities to…
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Inventory Management Remains Core to Success

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No matter how many engaging conversations I have with clients, contacts and trade groups about emerging supply chain trends, the less exciting topic of inventory management oftentimes can deliver a higher value than the latest and greatest most-talked about trend. As the Programs chair of APICS Ventura chapter said when requesting this topic for a recent speech, inventory management is core to success and remains a timeless topic.   This prompted me to think about what I see across all types of clients: Whether a $5 million fast-growing manufacturer in the building products industry, an $80 million dollar food processing…
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