ROI (Return on Investment) is a crucial measure when calculating distribution business investment. Yet, when it comes to inventory, a more specified ROI formula is necessary to ensure you’re actually making money. For instance, most distributors (and their salespeople) look at how much money they make on a sale. While this is important, there’s much … Continued

Can you answer this question: “What is an ERP system?” Unless you’re already well into the stages of Enterprise Resource Planning (ERP) research and evaluation, this question may prove to be a challenge. While it’s well established that integrating ERP software can be transformative for a distributor or wholesaler, a fundamental understanding of ERP is essential … Continued