7 Ways To Improve Your Strategic Sourcing in 2023
Strategic sourcing for your products and raw materials has become increasingly important, especially with supply chain challenges continuing across the country and around the world. Not only that, but strategic sourcing can also help decrease your overall costs, make it easier for you to keep inventory flowing, and improve your ability to keep up with […]
Inventory Based Businesses and Product Development Strategies
Any time you create a new product, you need a product development strategy that will help you bring your new product to your target market and ensure that you have the right inventory on hand to help you manage your product. With the right, most effective product development strategy, you can do a better job […]
The Importance of Building a Responsive Supply Chain
With supply chain disruptions continuing across the country and around the world, a responsive supply chain has become increasingly important for many businesses. Meeting consumer demand remains a challenge for many businesses across several industries. Creating a responsive supply chain, which can adapt quickly in response to changing customer needs, is a critical part of […]
7 Ways Supply Chain Planning Software Improves Operations
Having the right supply chain planning software in place in your business can improve a number of operations. Some of those improvements may seem obvious. Others, however, become more apparent when you put those processes to work in your business. Does your business need supply chain planning software? If you want to see these critical […]
Supply Chain Trends to Watch for 2022
As the Great Supply Chain Disruption continues to roil the global economy in 2022, the imbalance of supply and demand caused by Covid-19 is likely to continue as more businesses battle empty shelves, labor shortages… etc. However, developments like the increase in digital procurement and reshoring, which have heightened due to the recession, are ultimately […]
Seasonality and Supply Chain Management: A Memoir
Many people expect supply chain issues during the winter holidays. However, supply chain issues may vary by season–and there may be more of them than you expect. Not only have more people and businesses than ever become aware of potential supply chain challenges throughout 2021, when Covid-related disruptions have caused challenges across the globe, there […]
6 Tips To Build Supply Chain Resilience
There are few things more satisfying to a business than having plenty of orders coming in and shipping out. Every order that goes out represents increased revenue. But all it takes is one unexpected event to clog up the supply lines and all that motion halts. The world experienced this firsthand when COVID-19 hit back […]
Acumatica and Intelligent Supply Chain Planning (for the Mid-Sized Inventory Business)
Acumatica is frequently promoted as a solution for large enterprises. However, it’s ideal for mid-sized inventory businesses, as well. In fact, when combined with Stock IQ’s intelligent supply chain planning solutions, Acumatica can prove even more essential for mid-sized businesses than large ones. There’s a reason StockIQ is a sponsor at Acumatica Summit 2022 in […]
Choosing The Right Supply Chain Software Partner
Picking the right supply chain partner is a critical milestone for inventory-based enterprises. The last two years have proven that anything can happen at any moment. Large swings in demand, supply issues, capacity constraints, and changes in how customers purchase are but a few of the challenges. Choosing the right supply chain partner is a […]
Navigating Supply Chain Issues and Increased Lead Times Due to Shipping Constraints
Over the past year, inventory-based businesses have faced a tsunami of supply chain frictions, forcing virtually every company to scramble, strategize, and worry. Back-of-mind topics like repatriation, supply chain diversity, and supply chain autarky suddenly became pressing, topics. And the entire world faced a convergence of shipping woes — fueled by globalized connections, unparalleled levels […]
