The wholesale distribution industry faces a great challenge today. With large public warehouses such as Amazon getting into wholesale distribution, it is a real competition for small wholesale distributors to keep pace. Since the larger corporations have more resources, money, and technology, they can massively cut down on costs and…
Mid-sized distributors are those that have scaled their business to an extent and use some form of on-premises technology for their day to day operations. A wholesale distributor is categorized as midsized when they handle more than 100 but less than 500 orders a day and have less than $50M…
A wholesale distributor, big, medium, or small, deals with large volumes of goods on a daily basis. To be able to keep track of every item that comes in or goes out, proper inventory control is required. When a business is small, manual inventory control is possible because there is…
There are several one-size-fits-all financial applications in the market, which comes cheap and promise to deliver quick results. Even though you may think that these cheap and quick solutions are right for your business, they actually aren’t, because every business is unique and needs a unique solution. When you use…
There are several aspects of a wholesale distribution business that can be tough to handle. From balancing inventory, to forecasting, to handling logistics processes, sales, customer service, there’s so much to handle. If the business continues to use old, outdated programs to manage all these aspects, not only will it…
Starting 2010, the original baby boomers have been reaching the retirement age of 65 or older. The reason for delayed retirement is mainly finances. A large percentage of the older population still needs to work because they haven’t been able to save enough for retirement. More than half of the…
Businesses have been known to handle HR administration and payroll separately. Payroll was traditionally seen as the work of the accounting department, but in recent times, an increasing number of companies have decided to integrate it with HR. Integrating HR and payroll can not only save money but also boost…
The Human Resources department is more than just for pushing paper and handing out pay checks. Since a business cannot function without employees, the HR department has a vital role in managing and maintaining a database of everyone who works for the company. The business is often reliant on the…
Traditionally, human resource management has been about personnel management. The key functions of a human resource officer were timekeeping, attendance, payroll, tracking leaves, and other features that kept the organization running. The bigger the organization, the more important a position the HR department enjoyed. In fact, without an HR department,…
Accounting software is far from a one-size-fits-all product. Despite that fact, companies of all different sizes need it to power their operations. Both very large organizations, those with 100 or more employees, and very small companies, those with a single employee, require this type of software, but large companies are…
