Manufacturing Resource Partners Blog

Beyond Software: 6 Effective Inventory Management Practices

Many distributors are lured to new software solutions based on their promises to help manage inventory. Because inventory is the largest and most important asset for many distributors, managing it efficiently is critical to remaining profitable and competitive. So, it’s no wonder that inventory management is such a driving factor in distribution software selection. However, effective inventory management goes beyond what any software solution can provide.  Because any software is only as good as the data that goes into it, you need to implement effective inventory management processes and procedures in order to get the most from your inventory management solution.

According to Jon Schreibfeder, president of Effective Inventory Management, Inc., there are six areas of inventory management where practices and standardized processes within your software solution are the keys to success:

  • Getting Control of Your Inventory –Unless you know exactly what inventory is in your warehouse, and whether that material is in a usable condition, you can’t properly determine when to reorder products. You have to control your existing inventory before you can manage your future inventory processes.
  • Keeping Accurate Stock Balances – Having accurate, reliable counts of your actual inventory on-hand empowers you to keep your customers happy and saves you costs by helping you avoid the need to over-order.
  • Improving Your Forecast Accuracy- Gain the power to do more with fewer resources by accurately forecasting demand for your stock products.
  • Managing Effective Replenishment Parameters – Blindly trusting your software solution to help you make replenishment decisions without fully understanding the parameters that are set in your software can cause serious problems.  By understanding these parameters, and how they are intended to function, you can replenish your recurring usage stock with improved efficiency.
  • Maintaining Stock in Your Branch Locations – Ensure that your branches are all appropriately stocked to keep your multi-location distribution organization performing equally well across all areas.
  • Achieving Inventory Analysis Efficiencies – With solid inventory analysis, you can ensure that you are investing in the right amount of the right products to remain competitive.  By developing and using a comprehensive set of tools to closely monitor the performance of your inventory, you can achieve more of your goals more efficiently.

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Tags: Distribution Software, Inventory management software, Microsoft Dynamics partner California, Dynamics ERP for Distribution


Leverage Business Intelligence with Microsoft Dynamics GP for a Greener Workplace

It’s becoming more and more common for businesses to comply with a growing set of local environmental regulations and with customer requirements that it run a greener business. A greener business means a couple of things: sustainability and productivity. Green businesses waste fewer resources and leverage the right tools to make the most of their employees’ time. It’s not only...

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Tags: business intelligence and ERP, ERP Software Information, Green IT, Microsoft Dynamics GP California, Microsoft Dynamics GP, ERP Software Information, Finance Department Tips & Tricks, Financial Reporting, Microsoft Dynamics ERP Functionality


More than 90% of Distributors Consider Information Technology a Critical Component of Business Operations

A recent Manufacturing and Wholesale Distribution Survey indicated one of the top 3 critical areas of technology needs for manufacturers and distributors is operational and process improvement. Microsoft Dynamics GP provides significant operational improvement for distribution companies by fully integrating data throughout the organization, and providing ease of access to information through...

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Tags: Cut Costs with Microsoft Dynamics GP, Distribution, Dynamics GP, ERP Software Information, Microsoft Dynamics GP, Microsoft Dynamics GP for Distributors, California Dynamics GP Partner, wholesale/distribution, Dynamics ERP for Distribution, Microsoft Dynamics ERP Functionality


Strategies to Optimize WMS (Warehouse Management)

In today’s tight economic times, many distribution companies are facing issues with reducing operating expenses while maximizing the utilization of resources. Today’s distribution management challenges include:

  • Satisfying increasingly demanding customers
  • Increasing visibility into your supply chain
  • Improving inventory controls
  • Controlling operational...

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Tags: distribution add-ons for microsoft dynamics erp, Microsoft Dynamics for Distribution, microsoft dynamics gp california partner, Dynamics ERP for Distribution, ISV/Add On Products, Microsoft Dynamics ERP Functionality


Microsoft Dynamics GP Integrate with Bar-Coding and Scanning Systems

In the supply chain and logistics industry today, companies are trying to improve processes in every facet of their business. Streamlining processes leads to resource availability, and ultimately a quicker supply chain. However, many companies are not aware that Microsoft Dynamics GP has the ability to integrate with several bar-coding and scanning systems. This integration can assist...

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Tags: dynamics gp California Partner, microsoft dynamics gp distribution, California microsoft dynamics gp, Microsoft Dynamics GP, Dynamics ERP for Distribution


Transform Your Warehouse Into A High Performance Distribution Center

Distribution Centers today are under increasing pressure to deliver efficient pick, pack and ship processes, while simultaneously coping with a myriad of challenges facing their industry. While many of us may not have walked through a Distribution Center, consider that every time you visit your local grocery store, you are in fact acting as your personal picker, fulfilling your personal order...

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Tags: Dynamics GP for Distributors, great plains partner, Microsoft Dynamics GP, California Microsoft Dynamics GP Partner, Microsoft Dynamics GP, Accounting Software Selection Tips, Dynamics ERP for Distribution


3 Ways to Improve Consumer Packaged Goods Distribution (CPG)- Customers’ Satisfaction with Microsoft Dynamics GP

You face short product life cycles, inventory management issues, and margin pressures – and we’re talking about your CPG customers’ satisfaction? You bet. When properly deployed, Dynamics GP can help you solve these three business-breaking challenges and become your indispensible customer service ally.

  • Pain #1- Effectively Managing and Tracking Inventory: Microsoft...

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Tags: consumer packaged goods distribution, Microsoft Dynamics GP, California Dynamics GP Partner, Microsoft Dynamics GP, Dynamics ERP for Distribution, Dynamics GP 2010, Microsoft Dynamics ERP Functionality


Improve Food and Beverage Distribution Customers’ Satisfaction with Microsoft Dynamics® GP

We established 6 specific ways to improve and measure wholesale distribution customer satisfaction with Microsoft Dynamics GP in our last few posts. This week, we demonstrate how the Food and Beverage Industry can remove 3 major pain points while measuring and improving customer satisfaction with Microsoft Dynamics GP.

  • Pain #1- Monitoring and Ensuring Food Safety: The Microsoft...

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Tags: customer satisfaction, Food and Beverage, Microsoft Dynamics GP, California Dynamics GP Partner, Microsoft Dynamics GP, Dynamics ERP for Distribution, Dynamics GP 2010, ERP Software Information, Microsoft Dynamics ERP Functionality


Reduce Order Processing Time by 50% Using Microsoft Dynamics GP

How many of you can relate to this? A company I have been working with had a common problem: old, outdated software and the business processes, and bottlenecks to go with them. They set out to upgrade their old ERP system, but get more value for their software dollar. Using Microsoft Dynamics GP, they have improved time-to-customer, reduced overhead costs, and obtained a level of visibility...

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Tags: California distribution, California GP Great Plains Partner, California microsoft dynamics GP partner, nevada dynamics GP partner, Microsoft Dynamics GP, Dynamics ERP for Distribution, ISV/Add On Products


Dynamics GP Makes Distribution Transparent

For many people, the distribution industry is viewed as simply “buy stuff, store stuff, and sell stuff”. How much does it take to really manage a distribution business? The answer, not surprisingly, is “how successful do you want your distribution business to be”? When should I buy new items?  Is it time to off-load that stale-dated inventory? Who...

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Tags: Dynamics GP Distribution, Microsoft Dynamics GP 11, Microsoft Dynamics GP 2010, Microsoft Dynamics GP Southern California, Dynamics ERP for Distribution, ERP Software Information, Microsoft Dynamics ERP Functionality


Smooth Warehouse Workflow with Advanced Distribution

For many distributors the complexity of their pick, pack, and ship process has outpaced their supporting systems. Multiple warehouses and increasing inventory items require additional controls to ensure accurate order fulfillment. With Microsoft Dynamics GP Advanced Distribution tracking the status of inventory items as they flow from order to invoice is easy. Fulfillment orders provide the...

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Tags: Advanced Distribution Partners, Microsoft Dynamics GP Delaware, Microsoft Dynamics GP for Distributors, ERP Software Information


Two Manufacturing Companies Replaced Peachtree with Microsoft Dynamics GP

We’ve had two manufacturing companies recently replace their Peachtree software with Microsoft Dynamics GP in order to facilitate growth of their companies. Both companies had requirements easily met by
Microsoft Dynamics GP Manufacturing modules.

The discrete manufacturer outsourced manufacturing to two subcontractors—one that supplied some of the components and added...

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Tags: California Microsoft Dynamics GP Partner, Peachtree vs Dynamics GP, Microsoft Dynamics GP, Dynamics ERP for Manufacturing, Dynamics vs. Entry Level Accounting Software Packages, Microsoft Dynamics ERP Functionality


Where is My Production Schedule?

I have worked with mid-sized manufacturing companies for over a decade and have looked at several APS or Advanced Planning and Scheduling Systems that integrate to ERP software like Microsoft Dynamics GP.  Especially a graphical tool with a Gantt chart that production planner can change the schedule by dragging and dropping. Most manufacturing companies don’t think they have a huge need...

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Tags: advanced planning, aps, manufacturing, manufacturing discrete, process manufacturing, production scheduling, scheduling, Dynamics GP for Distribution, Dynamics GP for Manufacturing, ERP Software Information



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