Blue Link ERP
- Cash vs Accrual Accounting Methods: What’s Best for Your Business? May 18, 2022When choosing between accounting practices, companies have two primary methods to choose from: Cash-basis vs Accrual-basis. The main difference between cash-basis accounting and accrual-basis accounting is when you record revenue and expenses. Cash-basis accounting recognizes revenue and expenses when cash is received or paid. Accrual-basis accounting recognizes revenue and expenses when it is earned. What is bookkeeping? […]
- Digitalization for Your Distribution Business May 12, 2022Small-to-medium-sized businesses or SMBs around the world agree that the advancement of technology and the acceleration of innovation are difficult to keep up with. Many industries are being introduced to new products daily that solve existing needs in a new way. Competition isn’t only based on quality now. Marketing, sales, distribution, speed, and price all […]
- DSCSA Requirements: Will Your Pharma Company Be Ready for 2023? May 4, 2022The “Drug Supply Chain Security Act (DSCSA)” was enacted by Congress on November 27, 2013 and outlines steps to achieve interoperable, electronic tracing of products at the package level to identify and trace certain prescription drugs as they are distributed in the United States. It is meant to enhance the FDA’s ability to help protect […]
- 4 Cost Control Tips for an Optimized Workflow April 27, 2022Cost control starts with budgeting – determining where in your business you can increase efficiencies and reduce expenses to increase profit. There are a few tips you can follow to start with your cost control plan for optimizing your workflow. Implementing ERP software is a great starting point and can assist with further automating manual […]
- Drop Shipping vs 3PL: Ship Products Straight to Customers April 21, 2022Placing an order through Amazon is relatively simple. Once an online marketplace for books, Amazon now sells millions of products and with a click of a button on your smartphone, you could have an exercise bike sitting on your porch before the end of the day. It’s without a doubt that Amazon changed the game […]
- SKU Management Best Practices for an Organized Warehouse April 12, 2022Small owner-managed warehouses are able to keep track of products quite easily since there are only a few SKUs to manage. Once you get into thousands of different products or SKUs, manual management becomes difficult especially when you’re keeping track of sales orders and purchase orders to determine profitability. Before getting into SKU Management, it’s […]
- Start Distributing Internationally with Import Export Software April 5, 2022Whether you’re a distributor of niche soaps or have over 25,000 SKUs, people around the world are able to purchase whatever they want, whenever they want. Globalization has no doubt allowed smaller players to compete with the big guys and taking your wholesale business global by distributing internationally is a great way to expand operations […]
- Speed Up the Purchase Order Process With Wholesale ERP March 30, 2022If you’re thinking of implementing Wholesale ERP or have already implemented it, below we outline a few ways the system can help with speeding up your distribution business’ purchase order process. Purchase Orders (POs) are a document sent from one business to another (usually from buyer to supplier) with a request for products or services. […]
- Salon & Cosmetic Distributors: Let’s Grow Your Wholesale Business March 16, 2022As Q1 is coming to an end, it feels like time is passing us by. But, salon & cosmetic distributors still have the ability to grow their wholesale business this year with just the right amount of planning and time commitment. With online sales taking the world by storm, there is an emphasized need to […]
- It’s Been 10 Years…Has the Road to a Successful Implementation Changed? March 9, 2022Nearly 50% of ERP implementations fail the first time around. Why do you think that is? Maybe it’s a lack of communication between Customer and Vendor or maybe either or both parties didn’t realize the extent of the work needed to be done for a successful implementation. 10 years ago, we posed the question in […]