Month: November 2019

Tax Compliance Challenges In Today’s Dynamic World

Manufacturers report several common challenges to properly and efficiently filing, remitting, and reporting on taxable transactions. Tracking tariffs, tax rates, and product taxability rules across jurisdictions staying tax compliant while growing the bottom line, and managing exemptions in preparation for the inevitable audit are a few that frequently top the list. These days, global trade …

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Sustainable Manufacturing is the New Key to Profitability

Just a few years ago, sustainability in manufacturing was seen as a nice-to-have. Today, sustainable manufacturing is becoming a critical factor in a manufacturer’s ability to compete and maximize profitability. This was driven home to me in a recent discussion with a Gartner analyst. She noted that the research firm used to give sustainability a …

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What Is Supply Chain ERP?

A Supply Chain ERP system orchestrates and optimizes forecasting, pricing, procurement, sourcing, and inbound product quality levels across the many supplier relationships manufacturers have, providing real-time accounting and financial reporting of each transaction. Supply Chain ERP systems provide Electronic Data Interchange (EDI) integration support, inventory control and management, inventory and order-level financial reporting, distributed order management, warehouse and distribution reporting, …

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How To Improve Your ERP Quoting And Pricing Results

By improving ERP quoting and pricing management for every dealer, distributor, and reseller they sell-through manufacturers can get more than their fair share of channel sales and margins. It’s possible to expand earnings by 50% on slight increases in volume when pricing is consistent channel-wide. McKinsey’s latest research on the topic, Pricing: Distributors’ Most Powerful Value-Creation …

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