How to improve stock management in the plumbing and HVAC industry
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How to improve stock management in the plumbing and HVAC industry

Plumbing and HVAC businesses must ensure there is enough stock-on-hand to fulfill orders, without being overstocked which results in a financial loss. 

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Topics: Industry - HVAC/Plumbing, Job Role - Inventory/Operations

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How to improve stock management in the plumbing and HVAC industry

Plumbing and HVAC businesses must ensure there is enough stock-on-hand to fulfill orders, without being overstocked which results in a financial loss. 

Read more

Topics: Industry - HVAC/Plumbing, Job Role - Inventory/Operations

Successfully growing your food production business

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When hearing the words ‘growing a business’, many executives think of selling more, and thus seeing larger profits.

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Topics: Industry - Food and Beverage, Job Role - Sales, Job Role - Executive, Job Role - Inventory/Operations

Stock coverage: do you have enough?

Anyone who manages inventory is familiar with stock coverage.  The question is, how do you measure it? 

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Topics: Industry - Wholesale Distribution, Job Role - Inventory/Operations

Strategic sourcing made easy with business intelligence

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Many purchasing and operations managers struggle with inadequate, inaccurate, or outdated data when making critical purchasing decisions. The lack of insight can lead to big concerns for your business. 

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Topics: Job Role - Inventory/Operations

How to improve the supply chain for health and medical businesses

Whether you work in medical consumables, dental supplies, optical, veterinary or pharmaceuticals, it's likely that your business is collecting more data than ever before.  The increase in data has led to enormous opportunities for medical suppliers to improve their supply chain. 

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Topics: Industry - Health and Medical, Job Role - Inventory/Operations

How to measure stock on hand, over stock, under stock and dead stock quickly and simply

If you want your retail, distribution or manufacturing business to run smoothly, your inventory must be managed well. Carrying too much stock could be as detrimental to business performance as having too little.

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Topics: Job Role - Inventory/Operations

How to avoid and eliminate dead stock

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Many companies have experienced a dead stock "graveyard" of products that can no longer be sold. Dead stock reduces cash flow that could be used to purchase new revenue-generating stock. It also takes up precious warehouse space that profitable products could occupy. Inventory management strengthens the success of any retail business. In this blog we’ll discuss ways to reduce dead stock.

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Topics: Job Role - Inventory/Operations

Data analytics for health and medical

When it comes to embracing electronic and digital information, the healthcare industry may be second to none. 

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Topics: Industry - Health and Medical, Job Role - Inventory/Operations

Make smart purchasing decisions with business intelligence

Smart purchasing and stock optimization boosts your organization’s bottom line. What am I buying, selling, holding and what’s the cost? It’s a messy ask, report-wise. 

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Topics: Job Role - Inventory/Operations

What comes in MUST go out

Using Phocas to analyze your sales history and customer behavior is our customers’ bread and butter. We can tell you how many left-handed screwdrivers and tins of striped paint you have sold to family-owned construction businesses in North Smithfield in any state, in any region, at any year since the dawn of your data.

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Topics: Job Role - Inventory/Operations

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