FUJIFILM MicroChannel Celebrates Two Sage Partner Awards
At the recent Sage Partner Awards 2024, FUJIFILM MicroChannel was honoured with two prestigious awards: Sage Intacct Partner of the Year 2024 ANZ and Customer Excellence 2024 ANZ.
At the recent Sage Partner Awards 2024, FUJIFILM MicroChannel was honoured with two prestigious awards: Sage Intacct Partner of the Year 2024 ANZ and Customer Excellence 2024 ANZ.
FUJIFILM MicroChannel strengthens its business application sales, implementation and support in Oceania, empowering customers to better navigate their digital transformation (DX) journey.
Inventories exist because its items must be on hand to perform a process such as fulfilling customer orders or manufacturing a batch of products. One way to gain a better appreciation for why inventory is such a necessity to businesses everywhere, is to examine its different uses.
Dead stock is inventory that hasn't moved in at least a year. Dead stock is locked up money that isn't contributing to the growth of your business. It uses up warehouse space that could otherwise be used for fast-moving products. If your warehouse has no extra capacity, then responding to an upsurge in demand for a popular product will require renting or buying additional warehouse space which might not have been necessary if you weren't saddled with your dead stock.
Accuracy in your picking and packing operation is important because mistakes lead to customer dissatisfaction and an expensive reverse logistics problem. Picking and packing is labour intensive work where the pressure for fast performance combined with its repetitive nature causes mistakes. Therefore, taking measures to improve accuracy should be a top priority. Here are five tips for reducing your picking and packing error rate.
When your customer base grows well beyond your local region, the question of opening more warehouses to provide better coverage arises. However, before committing to this course of action, you should understand the inventory management benefits you will forego by not keeping your inventory centralised in one warehouse.
The idea around automating your RFQ or Request for Quotation process is to allow you to send RFQ’s automatically / electronically to multiple vendors via a web form. Your vendors are therefore able to respond to the quote online, which provides realtime updating of information in SAP Business One. In short, your customers can compare quotes, and place a PO (purchase order) on the best option, i.e. price, and this information gets automatically entered into SAP Business One.
Wave picking or waving is a WMS capability that groups orders by various criteria in order to increase picking productivity in the warehouse. It is especially advantageous for warehouses with a wide selection of SKUs that must fulfill a large number of daily orders. For such operations, fulfilling orders one at a time as they come in is a time-consuming process. Sometimes severe congestion occurs when multiple pickers require access to the same area in order for each to pick his or her particular order.
Call it the elephant-in-the-room, but many businesses are often hampered in doing business due to the heft of compliance and regulations attached to that latest bid proposal, or providing products to certain entities.