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In a perfect world, your company would continually have enough inventory on hand to fill all of your customer orders and ship them on time. Unfortunately, this isn’t always the case in the real world. It could be that one of your suppliers of raw materials is having problems shipping you what you need. Maybe …

Available-to-Promise | ERPRead More

A blanket sales order is a type of master order that contains specific quantities for certain inventory items at pre-determined prices that the customer can draw against over a set period of time. There are several ways using blanket sales orders can create a symbiotic relationship between Businesses and their customers. Your customer commits to …

Blanket Sales Orders | ERPRead More

The concept of ‘mass customization’ is a fact of life in distribution and manufacturing businesses. To satisfy customer expectations, companies must be able to produce small quantities (i.e., ONE unit) of specifically configured or designed product to a large volume of customers – and they must do this in a competitively short lead time. Modern computing platforms …

Serialization Support and Electronics ManufacturingRead More

A blanket purchase order is a long-term agreement between a company and its suppliers. While a regular purchase order is used for a one-time purchase, a blanket purchase order contains multiple delivery dates over a period of time. There are several reasons why blanket purchase orders make sense if your vendor is willing to accept and …

Blanket Purchase Orders | ERPRead More

A well managed cash flow is conducive to the success of any business. You can sell product all day long, but if you can’t collect payment for that product in a timely manner, you may have to rely on other sources of cash to fund your business – which can be expensive and inevitably cut …

Using ERP to Execute a Customer Credit Management PolicyRead More