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Doing business in older times was very difficult as it was impossible to locate other party from across the continent or even country. World Wide Web has brought great changes in the lives of the people. Nowadays finding suppliers, wholesalers, distributors, dropshippers, retailers or manufacturers is not a difficult task. Just by some clicks you can see and contact any dealer and businessman from all over the world. Evil has prevailed in every...more
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Implementing new Corporate ERP application in wholesale and distribution organization often goes beyond standard accounting features. You typically need some or many elements of Supply Chain Management, which often translates into Barcoding, RFID reading technologies. Lets review how Great Plains could be implemented and integrated in the Wholesale trade environment. Some of the paragraphs are also helpful in small manufacturing, picking and packing, shipping and receiving, various consignment schemas. Standard parts of the Corporate ERP are probably simple to do and are very generic: General Ledger, AP, AR, Payroll, but now lets go to specifics:1.Warehouse Management System. This is probably where you need the competitive advantage and the WMS may even have a way higher priority, comparing to your Accounting back office. Well, we agree with you if this is what you feel. WMS usually includes three key functionalities: Inventory Replenishment, Sales Order Allocation and Inventory Transactions (adjustments and transfers between the sites). There are two approaches to implementing Warehouse Management System for your Great Plains or any other ERP application: External...more
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Tips For Developing Strategic Alliances Are sales alliances successful?Sales alliances are one of the new organisational answers to the increasingly difficult work of sales in the high tech field and other dynamic markets. This is an...more
Divergence Trading Using Stochastics Divergence is a popular tool used by traders to find high probability trade setups. Divergence is simply a disagreement between the price movement and the indicator movement. For example, if the price...more
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