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Why Inventory Transparency is Key to Successfully Scaling Your Business
Posted on 25th July 2024High-Performing Supply Chains and Inventory Transparency Companies with high-performing supply chains, characterised by greater visibility and transparency, are 79% more likely to achieve above-average revenue growth compared to their peers (McKinsey, 2023). Importance of Inventory Transparency Inventory transparency, the ability to see real-time data of your stock levels, locations, and movement throughout the supply chain, […]
Freddie Starr Ate My Hamster!
Posted on 14th July 2024Source – The Sun – 13 March 1986 Lessons in Inventory Management Love it or hate it, but it’s renowned for being one of the most famous headlines of all time! But go beyond the headline and consider the humble hamster, known for its exceptional ability to store food within pouches in its […]
Efficient Manufacturing, Warehouse and B2B Sales from Factory Floor to Customer Door
Posted on 10th July 2024The UK’s manufacturing sector has been a significant adopter of advanced WMS and inventory management systems, which has helped the country maintain its position as a key player in global manufacturing. In 2023, the UK’s manufacturing output reached £224 billion, making it one of the top ten manufacturing countries globally​ (Make UK is the new […]
Importing Bank Reconciliation from Accounting Software to Update your B2B Sales Orders and Customer Accounts
Posted on 4th July 2024Integrating automation in financial operations can lead to a 60-80% reduction in processing times and a 50% reduction in costs associated with manual reconciliations (PWC Report July 2023). In B2B, integrating your sales, warehouse and accounting systems is crucial for seamless operations and business growth. One essential feature to consider when evaluating B2B order management […]
Trade Pricing and Trade Discounts: Getting your B2B Pricing Right
Posted on 25th June 2024PWC’s insights indicate that optimising trade pricing and discount strategies can lead to a 10-15% improvement in profit margins through streamlined processes and better pricing models​ (June 2024). In B2B sales, getting your pricing strategy right can be the difference between retaining your best customers and losing them to the competition. Trade pricing and trade […]
The Future of B2B Warehouse Management and Order Management – The Paperless Solution
Posted on 17th June 2024If you are serious about streamlining your processes to minimise cost and boost your bottom line, it’s about time you looked into the paperless option. Savvy B2B businesses are doing it already, so you should too. The High Cost of Inefficiency in Traditional Warehousing and Order Processes A study by the Centre for Economics and […]