Sales Strategies & Management Tips for Manufacturers

InventorySales

Order Picking – A Quick Guide to Greater Efficiency

Order picking is a fundamental process in warehouse management, essential for ensuring timely and accurate customer order fulfillment. In this post, we explore various manual and automated picking methods to enhance efficiency and reduce costs, each tailored to different warehouse sizes and operational needs.

By Mattias Turovski 13 min read

Manufacturing TipsSales

Why It’s Good to Have a B2B Customer Portal in Your ERP System

E-commerce is the new normal for not only end-consumers but also for manufacturing and distribution companies. Customer portals are a rising trend, gaining popularity across a large number of industries and markets, especially among B2B businesses.

By Mattias Turovski 10 min read

AccountingManufacturing TipsSales

Selling Price Formula – How To Find the Right Sales Price?

Regardless of the product, every company must have the best possible pricing strategy set up to ensure success. Even the best companies can find themselves in difficult financial situations with a bad pricing strategy. In this post, we take a look at how to reach an informed sales price.

By Mattias Turovski 12 min read

InventorySales

Inventory Turnover Ratio – Formula, Examples, and Tips

The inventory turnover ratio is a good indicator of your sales and inventory management performance. Find a balance between sales and stock by using these formulas and tips.

By Madis Kuuse 12 min read

Manufacturing TipsProduction planningSales

Mass Customization – A Viable Option for Small Manufacturers

Mass customization is a mixed manufacturing mode with characteristics from both mass production and make-to-order production modes. Modern software solutions such as product configurators make mass customization available even to small manufacturers.

By Madis Kuuse 9 min read

InventoryProduction planningSales

How to Manage Product Variants in Manufacturing?

Product variants are versions of products with variations in attributes such as color, size, material, features, pricing, etc. Even though selling a product with variants is quite clear-cut, managing their production can be a real headache.

By Madis Kuuse 9 min read

Sales

What Is Configure, Price, Quote (CPQ)?

Configure, Price, Quote (CPQ) is a sales tool that makes it easy to calculate the prices and lead times of complex, configurable products, and to quickly generate quotes with the relevant information.

By Madis Kuuse 8 min read

AccountingManufacturing TipsSalesSupply Chain

What Are Backorders? Meaning, Causes, and Tips

For manufacturers and distributors alike, backorders constitute a reliable means of keeping up sales even after goods have gone out of stock. In this article, we look at the meaning and causes of backorders and weigh their pros and cons.

By Mattias Turovski 11 min read

AccountingManufacturing TipsSales

Job Order Costing in 6 Easy Steps

Job order costing allows companies to allocate manufacturing costs to specific jobs, thereby helping them to give more accurate quotes, measure production efficiency, determine the profitability of specific jobs, and draw better budgets.

By Madis Kuuse 10 min read

Sales

Order Picking – A Quick Guide to Greater Efficiency

Why It’s Good to Have a B2B Customer Portal in Your ERP System

Selling Price Formula – How To Find the Right Sales Price?

Inventory Turnover Ratio – Formula, Examples, and Tips

Mass Customization – A Viable Option for Small Manufacturers

How to Manage Product Variants in Manufacturing?

What Is Configure, Price, Quote (CPQ)?

What Are Backorders? Meaning, Causes, and Tips

Job Order Costing in 6 Easy Steps

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Sales

Order Picking – A Quick Guide to Greater Efficiency

Why It’s Good to Have a B2B Customer Portal in Your ERP System

Selling Price Formula – How To Find the Right Sales Price?

Inventory Turnover Ratio – Formula, Examples, and Tips

Mass Customization – A Viable Option for Small Manufacturers

How to Manage Product Variants in Manufacturing?

What Is Configure, Price, Quote (CPQ)?

What Are Backorders? Meaning, Causes, and Tips

Job Order Costing in 6 Easy Steps

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