By SuperUser Account on 4/29/2009 9:14 AM

In light of the Reuter report earlier today that manufacturing profits continue to plunge, businesses must be aware that they are more connected than ever and the health of one business can have a ripple effect on the others. Every business is interconnected in a complex web through their supply chains on a global basis, making inventory management an important finger on the pulse of the health of a business. What is striking is that the symptoms can be misleading or asymptomatic, they may seem like just an ordinary seasonal flu or downturn but it can turn deadly. 

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By SuperUser Account on 4/24/2009 1:48 PM

Lean Thinking is among the top methodologies being utilized by many businesses to improve productivity. Lean began in the 1950s with the study to eliminate bottlenecks that were impacting production lot sizes.

In order to fully implement Lean within the culture of any business, one needs the tools to understand the components of Lean and the capability to react to the signals or Kanbans.

Phitch OC 9.0 is just the tool for small business to implement Lean using QuickBoooks. Read More »

By SuperUser Account on 4/21/2009 8:32 AM

73% of accountants are proactively advising their clients on how to conduct business during the economic downturn. One new opportunity for accounting and tax service firms to help small businesses survive and thrive is to guide them to make smarter inventory decisions. Inventory management can be easy and rewarding.

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By SuperUser Account on 4/20/2009 3:44 PM

CNN/Money wrote that 14% of small business owners think the stimulus will help their company while 31% think it will hurt. The article asks the question "is there an "us" in stimulus?" however  should the question be "is there an "I" in stimuli?" In other words, what can I do to increase my odds to partipate in the government funds. There are many options to small businesses, including inventory management. Most importantly, inventory optimization can be rewarding by freeing up capital that is needlessly tied up in inventory.

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By SuperUser Account on 4/19/2009 11:38 AM

Daryl Mather of Consulting Pulse has appropriately pointed out the dealth of software consulting due the loss of the magic formula: scarcity and value (http://tinyurl.com/dj68pr). With the economy desperately seeking a stimulus, the industry is poised for an innovation that could be the rebirth of the industry. What is needed is a system that leverages existing systems, implements quickly, and proves it results in measureable benefits. 

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By SuperUser Account on 4/16/2009 11:25 AM

 Ilya Leybovich of Thomas Net Industrial Market Trends recently wrote "Good customer service can mean the difference between a solid client base and losing market share".One important aspect of customer service the customer service level, which is often expressed as ratio or percentage of the number of orders completed on time to the number of orders placed. Unfortunately, small businesses have not had the tools to make smart inventory management decisions so that they can implement an effective customer service plan.

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By SuperUser Account on 4/6/2009 11:30 AM

Inventory is one of the largest investments made by most businesses, yet today's software packages treat the inventory of all businesses the same, often using arbitrary settings or outdated models developed in 1913. Not all businesses are the same, and their decision on how much to invest in inventory is more complex and should be based on each specific business entity.
 

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