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How BI analytics works and why businesses cannot do without it

How BI analytics works and why businesses cannot do without it

Modern business is gradually but inevitably being absorbed by the digital age. It is becoming risky to remain committed to archaic management tools, not only because of the loss of opportunities, but also because competitors are already taking full advantage of the benefits offered by global digitalisation. This idea also applies to the process of […]

Finance

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Management of product assortment and formation of the assortment matrix

Management of product assortment and formation of the assortment matrix

Customer needs and desires, as well as economic conditions, are constantly changing. To be successful in managing product assortment, modern tools and approaches must be used. How can we improve product assortment management? What should we pay attention to? What factors influence assortment management at the retail point? How do we choose products for sale? […]

Assortment

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TOP 3 steps for effective change inventory management

TOP 3 steps for effective change inventory management

In today’s BANI world, where everything is changing and competition is at peak levels, it is important to “stay ahead of the game”. However, this is not always an easy task. One of the key tools for achieving competitiveness and economic sustainability is the implementation of technology and software. The real challenge is how fully […]

Inventory in production

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Inventory Optimization in the Artistic Sphere through SaaS Solution

Inventory Optimization in the Artistic Sphere through SaaS Solution

Making art supplies might seem simple, but creating each drawing, palette, or brush involves a careful process that demands attention to detail and top-notch quality from the manufacturers. In the world of competitive creativity, this production is a key chain in delivering art to everyone around you, and the choice of high-quality materials is crucial […]

Inventory in production

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How to define the Economic Order Quantity. Success story retail

How to define the Economic Order Quantity. Success story retail

If your company deals with the small business, then it will be quite simple for you to define the economic order quantity manually. However, in the wake of business growing, you should consider the issue of investing into the inventory management system in order to control your reserves more efficiently. There are many reasons why […]

Inventory in retail

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WMS program training

20 Jan 2022

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WMS program training

The effective training of a WMS system depends on many factors: When training is extremely important systematic and comprehensive approach, when knowledge is not only in the form of ready-made instructions, manuals, working schemes, handbooks, and video materials, but also consolidated in practice when working directly with the WMS-system. All these materials should be available […]

Warehouse
ERP and WMS

20 Dec 2021

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ERP and WMS

ERP (Enterprise Resource Planning) is a business automation strategy that optimizes the planning and management of external and internal resources, and allows you to create a unified information environment on the basis of the enterprise, in which employees (even remote departments) can interact simultaneously and effectively. ERP-system is the software that implements this strategy. Today […]

Warehouse
Cloud inventory management at Monomakh Tea Production: Achieving a 59% Sales Boost

09 Jul 2020

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Cloud inventory management at Monomakh Tea Production: Achieving a 59% Sales Boost

In this article, we will look at what business specifics led Monomakh to search for new solutions to automate the production of coffee and tea. Namely, to find a tool for cloud inventory management. About Monomakh, production company Monomakh is the №1 tea and coffee company in Ukraine. At the initial stages of its operations, […]

Inventory in production
ABM Cloud and elastic.io become partners

24 Jun 2020

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ABM Cloud and elastic.io become partners

ABM Cloud, an innovative IT services and software solutions provider for supply chain management, goes into partnership with elastic.io, one of the key cloud-based integration platform providers for medium and large enterprises. By joining forces with ABM Cloud, elastic.io is proud to expand its connectors portfolio with the company’s powerful inventory management system. Equally, ABM […]

Inventory in retail
11 Simple Steps to Implementing a WMS

15 Aug 2019

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11 Simple Steps to Implementing a WMS

WMS warehouse management system is an automated warehouse management tool that allows you to optimize the main warehouse processes and increase the efficiency of warehouse personnel in performing operations. ABM WMS system has all the necessary tools to automate warehouse operations, which allow you to optimize both individual processes and warehouse operations as a whole. […]

Warehouse
ABM Inventory for retail chain EVRIKA

06 Jun 2019

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ABM Inventory for retail chain EVRIKA

ABM inventory allows you to maximize the return on the invested resources of the company. The main purpose of the system is to increase the profitability of your company without significant investment. Calculate the economic effect of optimization for your company! Results for your company: High level of product availability in the right quantity at […]

Inventory in retail
A transformative story of B&M retailer, to become #1 toys destination. eTail Asia 2019

04 Jun 2019

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A transformative story of B&M retailer, to become #1 toys destination. eTail Asia 2019

The story of the transformation of the leader of the market of children’s toys Budinok Igrashok on eTail Asia 2019. E-commerce challenges offline retail and encourages retailers to look for alternative development paths. Vadim Khomenko, a partner and member of the supervisory board of the company Budinok Igrashok, talks about what tools worked for the […]

Inventory in retail
Warehouse accounting systems for goods – programs, forms, automation

27 Apr 2019

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Warehouse accounting systems for goods – programs, forms, automation

The ABM WMS warehouse accounting program is designed and suitable for the warehouse management needs of various companies, regardless of industry or warehouse size. Among the customers who are already using the ABM WMS warehouse accounting automation product are representatives of: The versatility of the ABM WMS solution lies in the fact that it can […]

Warehouse
ABM CLOUD and NOVATECH became partners

28 Jan 2019

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ABM CLOUD and NOVATECH became partners

Currently, innovations of ABM Cloud are available in the Latin American region. Novatech became the official representative for selling and implementation of ABM Inventory in Ecuador, Colombia, Chile, Peru and Argentina. Novatech has been specializing in the introduction of modern technologies and flexible business solutions for more than 22 years. In 2014, it became the […]

Inventory in retail
Implementation of automatic ordering and inventory management system the company «iStudio»

16 Nov 2018

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Implementation of automatic ordering and inventory management system the company «iStudio»

Custom business information iStudio is the official partner of Apple since 2011. The company owns a network of iStudio mono-brand stores that work in authorized Apple formats: Apple Premium Reseller (APR) and Apple Authorized Reseller (AAR). To its clients the company offers: Full range of Apple hardware, software, accessories; Professional consultations and demonstrations of the […]

Inventory in retail
Automation of goods picking in the warehouse

11 Aug 2018

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Automation of goods picking in the warehouse

Automation of goods picking in the warehouse is designed for more efficient order fulfillment, picking, increasing the level of service, increasing the customer base. The direct purpose of warehouses is to store goods. Goods picking is a process when, upon receipt of a delivery note, batches are formed for shipment. A batch may contain a […]

Warehouse
Efficient use of warehouse space

12 Jun 2018

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Efficient use of warehouse space

Efficient use of warehouse space, both for storage, forwarding, processing, and auxiliary, is impossible without optimizing the parameters of warehouse areas, allocating short-term storage areas for goods with a high turnover rate and storage areas for goods with a low demand and insurance stocks. How to organize the rational placement of goods in a warehouse? […]

Warehouse
Dynamic buffer management in ABM Inventory system

08 May 2018

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Dynamic buffer management in ABM Inventory system

Dynamic Buffer Management (DBM) is a tool of the Theory of Constraints, which allows to effectively manage the enterprise reserves by focusing on the actual consumer demand. DBM implementation enables to always have the right product in the right place at the right time. As a result, the level of surplus decreases and losses of […]

Inventory in retail
4 simple steps to efficient company’s cashflow management

26 Mar 2018

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4 simple steps to efficient company’s cashflow management

The issue of cashflow management is essential to any company.  Despite this, 70% of all enterprises still encounter problems with cash flow, and every fifth claims that this is an ordinary rather than exceptional situation.  The main problem is that today you have to pay for the suppliers service with the money that a customer […]

Finance
EuroCIS 2018 – leading European retail technological exhibition

14 Mar 2018

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EuroCIS 2018 – leading European retail technological exhibition

“Tomorrow belongs to those who can hear it coming”. Regardless of whether the participants and visitors of EuroCIS 2018 know David Bowie’s  quotation they embody it in everyday activity.

Merchandising

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