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Third-party logistics (3PL) companies play a vital role in today’s supply chain. The rise in eCommerce and persistent consumer demand has led to many new opportunities for the industry. And yet, as we start a new year, 3PL companies face many challenges in today’s complex and dynamic business environment. Key 3PL challenges and solutions 1.… Continue reading Top 7 Challenges Facing the 3PL Industry in 2024

On the face of it, warehouses are a simple concept: it’s where you store the items you will sell. But for manufacturers, distributors, and retailers, warehouse management and logistics are integral to their business. Warehouses are used for various purposes: storing raw materials and components for manufacturing, holding inventory before it is sold or distributed,… Continue reading Choosing the Best Warehousing Style for Your Business

Implementing automated data collection into your warehouse management is essential for efficient and accurate inventory management. However, there are several considerations to consider before making your final decision. Do you choose barcoding or RFID? Which scanner works best for your warehouse? What information do you put into the barcodes? This article discusses some of the… Continue reading Navigating the Complexities of Automated Data Collection in Warehousing

Businesses are constantly challenged to provide a seamless flow of products from manufacturing to the consumer. To meet this challenge, companies use Demand and Supply Planning, two disciplines that involve a complex study of the supply chain and consumer behavior to ensure that a sufficient supply of products is on hand to meet consumer demand,… Continue reading Demand and Supply Planning for Efficient Business Operations

Shipping and logistics have been a critical part of successful businesses for years. The rise of eCommerce has placed increased pressure on companies to get their products into the hands of their customers as fast and as efficiently as possible. For Dynamics 365 Business Central customers, options are available to improve shipping operations. Microsoft Dynamics… Continue reading Streamline Operations with Logistics and Shipping Solutions for Business Central

The next generation of Dynamics AX If you’re a manufacturer looking to migrate from Microsoft Dynamics AX to Finance and Supply Chain Management, you might want to take a closer look at Business Central before you decide. The combination of Finance and Supply Chain Management is the next generation of AX. It is a powerful… Continue reading Choosing Business Central over Finance and SCM for Manufacturing

The importance of accurate inventory information Accurate inventories are critical for calculating the cost of goods sold, an essential component of preparing the company’s balance sheet and earnings statement for investors. Inaccurate numbers can lead to fines, penalties, and a lack of investor confidence. Maintaining an accurate count of your physical inventory is also important… Continue reading Full Inventory Counts Are Costing You Money

Key Performance Indicators (KPIs) are metrics used by managers and financial professionals to assess the health of a company. Think of KPIs as the vital signs to check on the health of a company. When a person goes for a medical checkup, the doctor will take his or her vital signs and, based on those… Continue reading Key Performance Indicators that Help You Assess Company Health

Companies, particularly B2C retailers, hate it when they run out of inventory. Stockouts not only cost businesses potential sales, but they also adversely impact customer satisfaction, positive reviews, and future repeat business. But keeping too much inventory on hand “just in case” can also be a dangerous strategy. Unsold inventory represents a significant cost, particularly… Continue reading Comparing Available to Promise and Capable to Promise: Which is best for me?

Microsoft Dynamics AX has reached the end of life and will no longer be supported by Microsoft. Manufacturers and distributors looking to migrating from AX and onto a new platform might naturally gravitate to Microsoft Dynamics 365 Finance and Supply Chain Management (F&SCM—formerly D365 Finance and Operations or F+O) since that is where Microsoft took… Continue reading Life after Dynamics AX: An ERP Alternative for Manufacturers and Distributors