Dangers of IBWA (Inventory by Walking Around)

By Glenn Saunders I.B.W.A. is an acronym for Inventory by Walking Around.  This is to describe the process where an inventory manager or warehouse employee walks around the warehouse to determine quantity and location of inventory items. Another term used to describe this inventory management methodology is “Visual Inventory”.  As far as I know, the[…]

Planning For The Future

Successful businesses set strategic goals for specific business operations.  Goals should be more specific than “be successful” or “improve sales”.  Once you have specific facts and figures down on paper, you want to associate budgets and labor resources to those goals and monitor your progress.  You can’t trust the future of your company to spreadsheets[…]

Traceability Is Not Optional

Medical-related manufacturers and distributors are under obligation to comply with strict regulatory standards governed by the FDA, Sarbanes-Oxley (SOX) Act, and other global agencies.  In order to ensure compliance you need electronic records that are as easy to find as they are to enter.  Traceability and auditable data is not optional, which is why many[…]

Go Big or Go Home

Larger businesses often encounter similar challenges as their smaller competitors, only on a bigger scale.  Which is why implementing an enterprise resource planning (ERP) solution can be more daunting for an enterprise business than for a small startup.  However, getting into the right ERP solution is better than stumbling through legacy or disparate solutions, especially[…]