Expanding Your Gross Margin in Distribution

  • Source: Epicor
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The recent recession has forced distributors and manufacturers to pay closer attention to their bottom lines and to the financial factors that contribute to profitability. Gross margin is a popular measure of a company’s financial condition; but using gross margin without understanding how it affects profitability and business strategy can be misleading. An understanding of the relationship between the financial components of gross margin is essential for formulating sales and product strategies, and to implement techniques enabling an increase in net profit and maximization of return on investment.

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Quickly Build Reports with IBM Cognos Business Intelligence

  • Source: IBM
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  • Published: June 4 2013
See how easily you can build distribution-ready reports that analyze your business. Read More

UnleashWD: Eight Ideas to Inspire Your Distribution Business

Reimagining your business involves looking at it as if you’ve never seen it before, and thinking about how to deliver value to your customers in a completely different way—creating a market that you can be the leader of! This whitepaper identifies eight ideas from the UnleashWD Innovation Summit and offers a series of “lift and shift” questions intended to help you elevate the innovation discourse within your distributorship. Read More

UnleashWD: Eight Ideas to Inspire Your Distribution Business

Reimagining your business involves looking at it as if you’ve never seen it before, and thinking about how to deliver value to your customers in a completely different way—creating a market that you can be the leader of! This whitepaper identifies eight ideas from the UnleashWD Innovation Summit and offers a series of “lift and shift” questions intended to help you elevate the innovation discourse within your distributorship. Read More

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How to Choose a Distribution System

  • Source: Sage
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Implementing the proper distribution system can be as important to your bottom line as expanding your warehouse or bringing on new product lines. After all, the right system provides immediate and long-term benefits that can impact your business processes across the board. That’s why it’s important to define business processes and objectives before you start the search for new software. Read More

A Clear-cut Approach to Collections Is Essential for Profitability

In 2002, US suppliers wrote off more than $18 billion (USD) in bad checks. And the bankruptcy picture has certainly not improved since then. Companies that act quickly to secure overdue accounts are the companies that have the best chance of remaining in the black. The SYSPRO Collections Module automates debt collection, and can help address this acute need. Read More

Optimizing Gross Margin over Continously Cleansed Data

Imperfect product data can erode your gross margin, frustrate both your customers and your employees, and slow new sales opportunities. The proven safeguards are automated data cleansing, systematic management of data processes, and margin optimization. Real dollars can be reclaimed in the supply chain by making certain that every byte of product information is accurate and synchronized, internally and externally. Read More
 
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