What is cloud-based software and how does it differ from local installations? Instead of on your hard drive, cloud-based software lives on the web. As a result, your data is easy to access and the software is scalable to suit your business needs. Here are the top six benefits of using cloud-based software: Accessibility Cloud […]
Blog
3 Technologies That Could Transform The Supply Chain
Augmented Reality (AR) AR has infinite possibilities and could make a drastic change to the future of the supply chain. Essentially, AR is when computer-generated media is used to alter the view of the world. It uses a screen to project augmentations onto our real-life world. But what does this mean for the supply chain? With inventions like Google Glass and Microsoft’s […]
Why Choose Customized Over Out-Of-The-Box Inventory Management?
Deciding between a customized inventory management system or the off-the-shelf version is not a simple task. Out-of-the-box systems are broad and meet the needs of as many as they can. But, that doesn’t mean the system has what you need for your core processes. Settling for a mediocre solution that isn’t a good fit can end […]
Five Causes of Obsolete Inventory
It’s a common misconception that inventory cannot go to waste. Mature stock cannot always be sold at some point in the future. Obsolete or dead inventory is stock that can no longer be sold because the product has reached the end of its life cycle. This inventory will not sell for a long period of time and is […]
Five Ways to Effectively Reduce Your Inventory Shortages
Accumulating stock will not help your company reduce its inventory shortages. It may seem that the obvious solution to stock shortages is to increase your safety stock. After all, it makes sense that carrying more safety stock lowers your chances of a shortage. Unfortunately, this is far from the truth. Increasing safety stock is a costly way to manage […]
Avoiding Unethical Supply Chain Management Practices
Why it’s important Don’t let the cost of doing business force your company to abandon its values. There are many incentives to avoid using unethical supply chain practices. There are several reasons you may want to move parts of your supply chain overseas. Outsourcing cheap labour can increase your firm’s profit margins or help keep your […]
