Balancing supply and demand in your manufacturing or distribution business is a delicate process. Both an art and a science, good supply planning ensures that your business has the right combination of cost control, lead times and service level. Supply planning and demand planning go arm in arm in the manufacturing and distribution industry. Supply planning is part of supply chain management and helps determine how to best fulfill the requirements outlined in your demand plan.
If you’re a manufacturer or wholesale distributor, you’re most likely looking to increase labor productivity, reduce handling time and optimize space utilization. This can be a daunting task unless you have a tool in place that gives you a 360-degree view of your warehouse operations. NetSuite’s Warehouse Management System (WMS) optimizes day-to-day warehouse operations using industry leading best practices — including intelligent pick and pack processes, handheld barcode scanning, cycle counting and integration with shipping systems — to run your warehouse more efficiently and minimize handling costs.
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On-premise legacy systems and tools, box store relationships and simple processes. For generations, companies in the wholesale distribution industry had everything they needed within their facilities and existing networks to keep things running and their businesses thriving. Not anymore. Simply put: wholesale distributors are at a crossroads, and it’s time to make a decision. Continue with business as usual, or optimize your business with industry best practices.
Business owners continue to learn the importance of going on the offensive to fend off cyber attacks. Unfortunately, many learn the hard away — after they’ve experienced a costly attack. With a slew of cyber security products hitting the market over the last few years, it’s hard to know which ones to select for your business. I’m here to fill you in on one of my favorite security tools.
Without a doubt, scheduling is one of the most complex functions within a manufacturing business. For years, the challenge has always been to find a solution that has the complexity to achieve the desired results while still being user friendly. Let’s pull back the curtain on a feature-rich scheduling tool built with manufacturers in mind.
Another malicious cyber attack was reported just before the July 4 holiday weekend. This one hit close to home here at Gross Mendelsohn. Before I go into the details, rest assured that we were not affected. This massive ransomware attack is one of many recent incidents that provides further proof that every business needs to take cyber security seriously, and put measures into place to prevent a disastrous attack.