As retailers, Big Data helps drive decisions. We can better understand how many times a person comes to a store, what buying patterns to associate with our customers, which sales work, and so much more. By having access to consumer data, you open up a possibility to create lifetime customers that are loyal to your… Continue reading How to Get Customer Data Without Being Intrusive
Category: Industry
Limiting Discounts in Your Point of Sale System
Occasionally, you will need to grant your workers access to give discounts, but you will also want to enforce when the discount is appropriate and when it’s not. If the shirt is supposed to be on sale and it isn’t ringing up at the discounted price, it’s probably a great idea to give your in-store… Continue reading Limiting Discounts in Your Point of Sale System
Winning Manufacturers: What Are They Doing That You Are Not? (Part 1)
If you can learn from example and implement certain guidelines, the risks aren’t as high and you create a stable work environment along the way. This, in part, is what inspired us to include examples in “How Today’s Manufacturers are Taking Control of Materials, Inventory, and Manufacturing Costs from Order to Delivery.” Here are 3… Continue reading Winning Manufacturers: What Are They Doing That You Are Not? (Part 1)
Getting Your Hands on Data is Never the Problem
As a business and especially as a manufacturer, you’re overloaded with data. More often than not, this data is coming from multiple systems that can’t speak to each other. The end result is that you, your employees, and even your customers are taking too much time to decipher what it all means. Getting the data… Continue reading Getting Your Hands on Data is Never the Problem
Get a Handle On Inventory, Materials, and Costs!
Keeping inventory, materials, and costs in sync is the equation for successful manufacturing operations, but every manufacturer already knows that, and it’s certainly easier said than done. However, if you add integration into each part of this seemingly perfect equation, you might just come up with a better system overall – one that’s manageable without… Continue reading Get a Handle On Inventory, Materials, and Costs!
Keeping an Eye at Each End of the Supply Chain and All Points Between
Knowing where your inventory is at any given moment is crucial to proactively identifying issues as well as opportunities early on. The great thing about manufacturing is that every step is linked, yet that can easily turn a small problem into a big one if you don’t have visibility into where that problem began. To… Continue reading Keeping an Eye at Each End of the Supply Chain and All Points Between
Warehouse Management Systems to Gain Efficiencies
An efficient warehouse management system (WMS) can reduce the wasted, lost, and damaged stock that most manufacturers suffer. If your WMS isn’t in optimal working order, then all departments suffer, from sales to operations. A warehouse driven on data can simplify receiving and sending orders, even when warehouse operations get very complex due to a… Continue reading Warehouse Management Systems to Gain Efficiencies
7 Factors to Consider in Material Resource Planning (MRP)
Supplier Lead Time – You can’t promise an end result if you don’t have what you need to create it. Therefore, supplier lead times need to be an essential part of how you plan production. On-Hand Inventory – If you don’t have to purchase more, you save money and optimize on the materials you already… Continue reading 7 Factors to Consider in Material Resource Planning (MRP)