With the uncertainty of Brexit, minimum wage changes coming in and stock pilling of goods, it's fair to say there are challenges (but also opportunities) facing all segments of the food and beverage (F&B) industry. In the high volume, low margin wholesale model, increases in operating costs cannot easily be absorbed and can result in increased costs in the food and drink supply chain.
If it's been a while since you last updated your business systems, don't be embarrassed - you are not alone.
In fact Forresters predict nearly half of customers who rely on an ERP system are on releases that are two versions behind the current release, which may be four years old or more.
But why should it matter? If it isn't broken don't fix it - right? Wrong.
The right pricing strategy is a critical component that companies can’t afford to overlook and is
one of the most important aspects of maintaining profitability in wholesale distribution.
In the manufacturer-distributor-customer value chain, one of the wholesale distributor’s most pressing challenges is being able to. Read our blog and download your free ebook on using data to establish pricing.
Closing the books at the end of a financial period is always a challenge. It’s arguably one of least enjoyable aspects of the job, with its uncomfortable blend of boredom and stress: You’re faced with a rigid procession of mundane tasks that pile up at the end of the month or quarter, and they need to be carried out by a strict deadline and with a high degree of accuracy. Read our blog post and download our free ebook to learn how to close faster,
Where Fake Cloud Vendors Fail, True Cloud Providers Excel True cloud vendors are almost always better funded, more financially secure, more scalable, and more reliable than VARs, many of which are operating on outdated business models. Look for a true cloud provider that is profitable, transparent, and demonstrates longevity and stability.
This is the message from leading online tech community MyBroadband this week, and we were delighted to see our very own customer Bramhope featured in the press and seen here in this video below. Learn how in order to scale up they had to move to the cloud in this 2 minute video.
It's taking longer and longer to reconcile financials at the end of the month. Your sales forecasts are based more on guesswork than solid figures. Your business is having trouble keeping up with its order volume and customer satisfaction is faltering as a result. You have no idea how much inventory you have in your warehouse, and it's a pain to find out. If this sounds like your business—or close to it—then it may be time to consider an ERP system.
