“Black Friday” sounds a little sinister, but its name comes from the famous Friday after Thanksgiving when folks take a day off work solely dedicated to Christmas shopping; a noble cause but the sheer volume of people can cause all sorts of mayhem. People in the United States have been conditioned to spend their hard earned consumer dollars on these events laden with special discounts and super deals. Every year this is a major shopping event that retailers and distributors must prepare for and has even expanded to “Cyber Monday” as digital transformation and e-Commerce continue to dominate the markets. Hectic stores plus quick-selling online deals – Whew this could go really wrong. What can you do to get it right?
Mergers and Acquisitions – How Do You Navigate this With Your WMS and Shipping Software?
Just within the past five years of my career spanning over two decades, I cannot believe the number customers who have been acquired, purchased another company, or merged. With so many things that need to be considered, there could easily be dictionaries written about the do’s and don’ts of Mergers and Acquisitions including employees, assets, debts, license agreements, processes, locations, accounts, finance, etc. Now, I’d like to discuss my favorite topic; how should your inventory control and shipping systems be addressed? Here are our recommendations.
Dreaded Excellent Go Live!
We’ve all heard the horror stories of failed software implementations, so let’s discuss successful deployments and how to avoid problems.
We’ll start with the basics. First, a Go Live Date is the actual date you’re going to use the technology in your existing Live or Production Environment. This means employees will now be using newer technology to perform their daily jobs. Next, our company has a very structured approach to implementations that we’ve perfected over the years. Initial sales, implementation, training, testing, and planning are all components which precede a successful Go Live when performed correctly. You can actually read about this in our blog, 6 Vital Keys to ERP & WMS Implementation Success.
Here are some other tips to ensure you have a successful Go Live:
In order to grow, it is important to continuously evaluate technology that does everything from reducing manual tasks, automating operational processes, communicating in real-time, and sharing data to make important decisions. However, there are risks involved in these projects which need to be analyzed and prevented. Let’s take a look.
According the the Oxford English Dictionary, a blockchain is a “system in which a record of transactions made in bitcoin or another crypto-currency are maintained across several computers that are linked in a peer-to-peer network”. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree).
It seems like Blockchain is all the rage. In my humble opinion it may be right for some companies but not all. Let’s talk about something that’s been around for a long time and is still extremely necessary for suppliers, distribution and manufacturing companies; Data Integration. There are many reasons for integrations. Let’s take brief look into this.
By nature I have always been a very competitive person. I’ve learned early on that tragedies can happen, your skill set may not rival others, or you may just not be a natural at something. One year I was feeling a little down as I thought I should be further in certain areas of my life and a wonderful mentor of mine asked me what was I even comparing myself to? He then said, “Take a look at a few things here. At one time you were waiting tables and now you are an owner of a company with a very long history and employees who count on you. Long ago you did not even know how the chess pieces moved and lost every game you played. Now you’re someone to be reckoned with. You’re not really looking at the total picture.”
What does this have to do with KPIs? A KPI is a key performance indicator. They are used to evaluate the performance or success of any given task, program, employee, etc. So, what makes it so important to anyone in the business world?
Rate shopping comes up a lot when discussing how manufacturers and distributors can save on shipping costs, but what exactly does that mean? The term can be used to describe a number of things from choosing a credit card, to purchasing a car, to picking the most cost effective method of shipping for each product and client. So, how does this help manufacturers and distributors save money and time? Let’s take a look.
We’ve been in the Supply Chain business for over twenty years serving manufacturers, distributors, and fulfillment companies. Our customers include USA Based companies, who ship nationally and internationally, as well as Global Establishments who have warehouses stateside and beyond. While shipping goods internationally can definitely expand your market and turn in profits for your company, there are still some caveats to think about. Let’s take a look.
Let’s face it; technology is tricky, especially in today’s world. From constantly evolving technologies in the Supply Chain Sector, such as loT, to the ever changing political trends, distributors and manufacturers may feel challenged in keeping up with technology. On top of that, when you rely on outside vendors to help you implement and change your technology, you may feel like you’re losing control. The good news is people still make the difference in your Supply Chain and Technology Initiatives.
For over two decades we have served many operations, warehouse, technology, and plant managers with the development of our WMS and Shipping Solution. We also have a vast amount experience with VARS (Value Added Re-sellers), Consultants, and other industry experts, all of which have provided us with a unique perspective into customer service and satisfaction. Here are some examples of excellent customer service points: