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Logistics and supply chain management
WHAT EXACTLY ARE LOGISTICS? Logistics involve all the elements that go into managing the movement of goods, people, processes, and related activities. In relation to supply chain management, logistics involve controlling the movement of raw materials and finished goods from origin to endpoint, and the systems, equipment, vehicles, and personnel used along the way.   […]

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Importance of inventory management
Over the past 15+ years it has been surprising the responses we have received from small-business owners when they are asked about the importance of inventory management for their businesses. Some really get it, but others do not seem to realize just how many dollars are falling through their fingers. Can you imagine trying to […]

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Manufacturing MRP software
There’s a lot to monitor when running a manufacturing company. One of the answers to how to manage a factory effectively is with help from MRP systems. MRP stands for Material Requirements Planning. An MRP is essentially a manufacturing ERP or Enterprise Resource Planning solution, which contains accounting, inventory management, CRM, e-commerce, sales, and human resource capabilities. […]

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How to hire the perfect warehouse manager
What should you look for when hiring a warehouse manager? Beyond the necessary technical skills and training they should obviously have, candidates for the position of warehouse manager should possess these five character traits: Technologically sophisticated, meticulous, authoritative, organized, and calm under pressure. Why are these traits so important in this type of worker? We […]

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Benefits of using inventory programs
Inventory program key success Instead of using an ad-hoc inventory management system, you should seriously consider switching to an advanced inventory program. There are many advantages of using an established inventory program rather than trying to create one on your own. Here are three of the biggest reasons: 1. SPEED UP INVENTORY MANAGEMENT Most inventory […]

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Effective Inventory Management: SMB Inventory Management Guide
At its core, inventory management is about ensuring businesses have just enough stock to meet demand. It’s a careful balancing act of avoiding overstocking, which ties up capital and prevents stockouts, which leads to lost sales. But there’s quite a bit more to it than this. Companies have to grapple with many challenges, like space […]

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Understanding lot and serial numbers when tracking products
If you’re not familiar with inventory management, or you’re just getting started, there are different types of identification numbers you must learn. Most consumers assume these numbers are randomly assigned, but they actually help the manufacturer and company to identify when and how a product was produced. Lot numbers and serial numbers are identification components used […]

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Manufacturing inventory management software
Manufacturing inventory management software is an important tool that manufacturers can use to save money and operate more efficiently. You can instantly create many types of bills of materials, work orders, manufacture orders, and more to help you streamline the manufacturing process. With manufacturing inventory software, like Fishbowl, you can monitor inventory levels in real […]

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