Inventory counts typically make up the biggest balance sheet asset because their accuracy is key to calculating profitability and offering effective customer service. Performing physical inventory counting takes up time and money that could be invested into production, distribution and sales instead. Shrinkage is also one of the big risk factors that cost companies when… Continue reading Full Inventory Counts Are Costing You Money
Category: Distribution
Key Performance Indicators that Help You Assess Company Health
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
Comparing Available to Promise and Capable to Promise: Which is best for me?
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?
Life after Dynamics AX: An ERP Alternative for Manufacturers and Distributors
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
Optimizing Cycle Counting in Dynamics 365 Business Central
Traditionally, counting inventory required closing operations for a week or more so that everything in the warehouse was counted – by hand. Not only was this process disruptive to ongoing business operations, but it was also fraught with errors. One way to maintain accurate inventory without disruption is to use cycle counts. Cycle counts break… Continue reading Optimizing Cycle Counting in Dynamics 365 Business Central
Order Fulfillment in Microsoft Dynamics 365 Business Central
Order fulfillment can be challenging for any business. When orders cannot be filled accurately and efficiently the potential consequences are serious: The Answer: Optimize Order Fulfillment with Technology To avoid these issues and reduce a serious threat to your business, you need to optimize your order fulfillment process. One way to do this is… Continue reading Order Fulfillment in Microsoft Dynamics 365 Business Central
4 Essential Key Performance Indicators for Distribution Companies
Business operations are getting increasingly complex each year and companies need supply chain partners executing at an extremely high level. That means suppliers, distributors, and businesses working together to fulfill deliveries to end users. Measuring performance of distributors is essential and Microsoft Dynamics Business Central 365 can help companies oversee key performance indicators (KPIs) on… Continue reading 4 Essential Key Performance Indicators for Distribution Companies
Finding the Best CPQ Software for Microsoft Dynamics 365 Business Central
If you have spent any time in the world of sales, you have undoubtedly run into stress when it comes to rendering quotes. When a business has customer-configurable products, quotes can be difficult; the variants available for a given product, the more the prices of said products tend to change. In the past, this process… Continue reading Finding the Best CPQ Software for Microsoft Dynamics 365 Business Central
Service Management in Dynamics 365 Business Central – In and Out of the Box
WD-40 is a household staple. You can use it on everything that squeaks, to remove crayon from walls, keep garden tools and bike chains from rusting, remove bugs from your car, and even loosen screws. But do you think I remember that WD-40 does all that when I can’t turn a screw? Nope, I don’t. WD-40 is… Continue reading Service Management in Dynamics 365 Business Central – In and Out of the Box
Dynamics NAV / Business Central Developer Digest – Vol 355
Turning on Lot Specific Tracking and Lot Warehouse Tracking from Item Tracking Code Card, extensibility, redesign, alignment invoice post, and more can be found in this edition of Developer Digest. The Dynamics NAV and Business Central community, including the ArcherPoint technical staff, is made up of developers, project managers, and consultants who are constantly communicating,… Continue reading Dynamics NAV / Business Central Developer Digest – Vol 355