10 Ways To Save Money Using ERP

If you are looking for reasons to buy an ERP to manage your business, and you need more information about the benefits, you need to read our new eBook. Get your copy for FREE by simply clicking this link: 10 Ways To Save Money Using ERP

We know the difficulties associated with finding the right ERP system, and how expensive it can be to purchase the right tool. Too many ERP vendors are taking advantage of businesses by charging outrageous prices. Read the eBook for information you need to make the right choice.

Top 7 Things you MUST do When Selecting a Vendor

There are several reasons a business might be selecting a vendor, and the 2 most common are:

To replace an existing, failing or outdated To fill a need for new materials or services Both of these reasons, and any others, should follow the same process for selecting a vendor. There are 7 things you must do to select the right vendor: We need to define the problem to solveCreate scenarios that must be tested Test the scenarios against new vendorDefine a time line for selecting the new vendorDefine a budget for the materials/services provided by the vendorGet feedback from your employees on the vendor shortlistCheck the vendor's social media and market ratings Since scenarios are one of the major components to selecting a new vendor, we will discuss them a bit more. The scenarios should include all of the important issues that you are currently experiencing. An example of problems to solve might look something like this:
Need Service on demand (24/7 service)Need to have monthly billi…

What is the Best Way to Manage Inventory?

This question has many answers and really depends on the type of business you are running. If you are dealing in perishable goods, such as food or medication, you will want to employ the FIFO method for your inventory. If you are in the manufacturing business you will want to use JIT method. There is also EOQ, if you are into forecasting. If your inventory moves in waves or surges of demand, such as during seasonal times, you may use Safety Stock.
Help for Managing Inventory Before we dive into the details of inventory management types, lets consider a few options to implementing them. Let's consider your options, you could use good old fashioned pencil and paper, if you never make any mistakes. Most people choose a software solution to assist in managing their inventory, as it automates things such as reorder points and reminders when stock is low. One option, and the only one we will suggest here is a new one, and it is Free for a limited time, it is JBit Pro ERP. A clou…

Let's Hire a Consultant! Why that is a bad idea...

You're in the market for an ERP system. You have narrowed your search down to 3 major brands, SAP, Oracle Netsuite, and SAGE. You are reviewing the costs involved, and to this point are still unsure of which one to pick. Each of those above have the same recurring problem that makes it very hard to decide which platform to go with. They all have the same core benefits - the promise of making more money by managing your P&L closely, and automating the important tasks that keep your business alive. But when you balance the cost vs the increased revenue it will bring, by reducing your losses and increasing your efficiency, you find that the increased revenue will cover the new ERP system.

This is where the ERP supplier has done their homework. You need an ERP, and you need one now. You start contacting the ERP providers on your list, and they all give you the sales pitch about what their system can do, over the other guys. How much you will save by going with their option,…

Cloud ERP - Business Management Anywhere

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