Posts

Benefits of a Bill of Materials

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A bill of materials is critical for brick-and-mortar manufacturers. The production of physical products is still one area of business that’s relatively untouched by the march to digitalization and working in the cloud. Until, somehow, the manufacturing process can be distilled or commoditized into a web-enabled platform, we still need a bill of materials to break down the final product into individual parts for costing, forecasting, and inventory management purposes. Here, we’ll explain what is meant by a bill of material and why manufacturers still need them today. Next, we’ll go through the benefits of a bill of material and how to create one. Finally, we’ll present a free bill of materials template for you to download and use in your simple manufacturing process. If you’re not sure how to use one, we’ll walk you through a detailed example with a finished product. Read the entire blog:  https://emergeapp.net/traditional-businesses/a-bill-of-materials-template/

How is SKU count calculated

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In the never-ending quest to satisfy retailers and consumers, it’s too easy to carry far too many products than you need. Consumers demand a greater variety in the depth and breadth of goods. Retailers want stock that is ready to ship now. And wholesalers and manufacturers dislike losing sales orders and future business. This leads to SKU spiral where wholesalers and manufacturers deal with an ever-increasing number of SKUs in their inventory.  Read the entire blog here at:  https://emergeapp.net/warehouse/sku-rationalization/

What is Inventory Carrying Cost

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Inventory carrying costs are also known as carrying costs or holding costs. They are the total cost of holding inventory by your business. These costs include the cost of warehousing the inventory such as rent, utilities and warehouse staff salaries. Carrying costs also include economic costs such as opportunity cost. And inventory costs such as shrinkage, expiry, and insurance. More information:  https://emergeapp.net/inventory-reports/inventory-carrying-cost/

Inventory Cycle Counts

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As the name suggests, an inventory cycle count is a method of stock counting where you count a part of your inventory in a continuous cycle. The count can be done daily, weekly or monthly as there is no disruption to your business. How often you do cycle counts depend on the number of SKUs that you deal with in the business. Read the entire blog:  https://emergeapp.net/warehouse/best-practices-for-inventory-cycle-counts/

Etsy order management

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We’ll show you how EMERGE App — a user-friendly, cloud-based inventory management solution — helps you run your creative business to sell better and faster on Etsy. These include managing your products, raw materials, sales orders, and simple production schedules. https://emergeapp.net/sales/etsy-order-inventory-management/

Key Distribution Trends for 2019

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Soon we shall bid adieu yet another year and sing about not forgetting old acquaintances. But I’m sure many of you in the wholesale and distribution business are thinking: “What does 2019 hold for the wholesale and distribution industry?” Well, we sat down with our best customers. And we summarised their insights along with ours in this exclusive report. https://emergeapp.net/wholesale-business/wholesale-distribution-trends-for-2019/

Top 6 Wholesale Distribution Trends for 2019

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Soon we shall bid adieu yet another year and sing about not forgetting old acquaintances. But I’m sure many of you in the wholesale and distribution business are thinking: “What does 2019 hold for the wholesale and distribution industry?” Well, we sat down with our best customers. And we summarised their insights along with ours in this exclusive report. Presenting a general outlook for the wholesale and distribution industry. https://www.slideshare.net/emerge-app/top-6-wholesale-distribution-trends-for-2019-126738797