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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Selecting ERP for Oil and Gas Industry Contractors and Vendors

  • Source: IFS
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Suppliers to the oil and gas industry are under more pressure than ever before to increase quality, collaborate closely with the customer, and take on more project risk. Learn how enterprise resource planning (ERP) helps engineers procure construction companies, equipment fabricators, and service providers to meet the new demands from oil and gas companies. Download this white paper to learn more. Read More

11 Criteria for Selecting the Best ERP System Replacement

An enterprise resource planning (ERP) system is your information backbone, reaching into all areas of your business and value chain. That’s why replacing it can open unlimited business opportunities. The cornerstone of this effort is finding the right partner. And since your long-term business strategy will shape your selection, it’s critical that your ERP provider be part of your vision. Read More

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Enterprise resource planning (ERP) solutions are large, and complex by nature, making them very difficult to evaluate and compare. So how do you select the ERP solution that’s best-suited to your firm? In this guide, Focus Experts Dana Craig, Jonathan Gross, Tim Hourigan, Michael Krigsman, Tom Rogers, Bob Swedroe, and Chintan Tyagi share their top 6 best practices for selecting ERP software. Read More
 
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