From robust inventory control to web store & EDI capabilities, an inventory system for small business should have 7 essential features to help manage daily operations, control inventory, serve customers, and make better decisions. A business is considered “small” when they employ fewer than 500 employees. But don’t let the label fool you, according to…continue reading
10 Steps to Better Purchasing Management
Determine how & where spending has occurred by vendor or vendor type to gain a better understanding where savings opportunities exist. Use the information to aggregate spend across the organization, leveraging volume for improved pricing & increased efficiencies. Know your vendors & optimize supplier relationships. Develop vendor expectations & selection criteria based on historical vendor performance…continue reading
