Sharing knowledge, thoughts and news

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 […]

“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.

The warehouse inventory and warehouse balances reflect the “health” of the company as a whole. The warehouse is intended for storing goods and performing warehouse operations, and in case of inefficient organization of processes, the company will suffer significant losses. In our project experience, we have met companies where the level of losses due to […]

The era of chatbots has already begun. It doesn`t matter whether you are ready for it or not, this fact should be accepted and considered as an opportunity to improve communications with customers in your business.   They exist, but we did not notice them A chatbot is a program that uses “communication” patterns to […]

The auto parts warehouse has features related to a huge variety of spare parts for various groups of cars and special equipment, diverse additional product groups. The specific feature of the spare parts warehouse organization requires introduction of the sectoral inventory system of spare parts in warehouse.Compliance with the storage requirements of each product range […]

How to organize online warehouse management and what nuances should pay attention to  The warehouse management system (WMS) evolution is like the evolution of other software solutions. Initially, it was the movement and storage of materials control system at the warehouse, bur the WMS part becomes more wide, there is added the production operations management, […]

Currently, the effective inventory management at a trading company and ability to respond quickly to market changes are the decisive competitive advantages of both the major retail chains and the small “neighborhood” stores. Inventory in trading is the main capital, thanks to which the trading business exists actually. Procurement managers make hundreds or even thousands […]

It is not easy for both business owners and logistics managers to organize a fine-tuned and well-established warehouse operation.It is not easy for both business owners and logistics managers. Everythingis learned through trial and error. And when you realize that the warehouseis operating inefficiently, and moreover, this inefficiency is causinglosses, the decision for a comprehensive […]

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 […]

How to improve the inventory turnover rate in every point of supply chain: supplier-manufacturer-distributor-retail? Implementation of the Theory of Constraints (TOC) tools, especially the Dynamic buffer management allows to considerably improve the inventory turnover and business performance rates. Inventory turnover is the estimate indicator. In order to choose the methods of influence on it, let’s […]

Branded retail chain – where to start? The main aims for opening a branded retail chain are: The main goals of the branded retail chain are:   How did the format of branded retail chain appear? The branded retail chain resulted from artisan classes, stationary points of sale, uniqueness of the artisans’ tools and technologies. […]