Have you seen how the milk cooler in grocery stores is being restocked? The new stock goes in the back while the old stock comes to the front. This is what we call first in, first out, in the most realistic way. From an inventory…
admin
10 Min Read
Inventory management is crucial for any business to maintain an optimal stock flow. Often, due to manual errors, businesses face miscounts, misplacement, and inaccurate data entries. This can lead to losses in sales, revenue, and even customers. In the U.S. alone, 39% of small businesses…
admin
8 Min Read
What do top #01 businesses do? They monitor and control their production. If you want your business to succeed, master maintaining your supply and demand balance, and you’re 49.99% out of water. Research shows that 60% of manufacturers struggle with workforce management and supply chain…
admin
10 Min Read
The US wholesale trade industry is worth $11.6 trillion and continues to expand. In the US alone, there are approximately 408,000 wholesale distributors. That’s a lot. But the elephant in the room is: How are these gigantic industries operating so smoothly? And how are they…
admin
12 Min Read
Business intelligence is a specially curated infrastructure that is a collection of various processes and tools that help to enhance the visualization of the data. This enhanced data visibility aids businesses in making actionable decisions. The main aim of BI is to make data available…