Inventory deserves its role as one of the most vital strategic factors for any manufacturing and distribution company's operations due to one simple fact: The number of products you plan to sell will be a substantial investment of company money, and you need to manage that investment closely. In this blog, we detail 4 effective strategies that you can utilize to manage your inventory in an efficient and profitable way.
In 2021, consumer-facing manufacturers are getting rid of the middlemen. Big brands across the country are pivoting to Direct-to-Consumer (D2C) business practices. What started as a trend has quickly transformed into an essential business practice. In fact, 81 percent of consumers plan to shop from direct-to-consumer (D2C) companies over the next five years. Big brands across the board, from Kellogg’s to Coca-Cola, have gotten into the game and are proving how successful this model can be.
The ERP champion isn't a specific job title; rather, it's any person who decides to strongly advocate for an upgrade to their organization's back-office systems. An ERP champion could be anyone from the CIO to an IT team member. The common thread is that they will always be somebody who identifies problems in a company’s backend processes, identifies technological solutions for those problems, and works to get those solutions implemented.
With close to 400,000 claims per year, personal injury matters and medical malpractice lawsuits make up a significant portion of legal activity in the US. While only 4-5% of these cases may see their day in court, evaluating the merit of the case, and seeking a fair settlement among the parties involves painstaking research by attorneys and paralegals. Often, legal professionals must sift through stacks of poorly organized files to find key pieces of data to make timely decisions on behalf of their client.
