Tips, articles, and insights for the metal and steel fabrication industries
Is it time to offer new products and services to your customers? Successful business growth only comes with change. In the steel and metals industry, fabricators are seeking new ways to boost productivity and profitability, and there are several ways you can do this. Innovate to Drive Growth The steel and metals industry is in …
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Read MoreThere is no better time to start a business in the steel and metals industry. The marketplace is fast-paced and competition is fierce, but you have something to offer that sets you apart from everyone else. It’s time to work for yourself, not someone else, and put profits in your own pockets. Opening a new …
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Read MoreMaintaining inventory is complicated and, in many cases, time-consuming. Knowing what items to procure, in what quantity and when is a moving target. For businesses in the steel and metals industry, procurement decisions fluctuate based on supply and demand, economic conditions, and a number of other variables. Having an inventory management strategy is necessary to …
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Read MoreAs we discussed in our previous blog, maintaining the right inventory at the right time is important for your profit margins and customer satisfaction. A weak inventory management system can be costly for several reasons. Below, you’ll find 5 ways to improve inventory management to maximize profits and strengthen customer relationships. Optimize Inventory Management Like …
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Read MoreWhether you are a manufacturer, distributor or retailer in the steel and metals industry, maintaining the right inventory at the right time is an obvious priority. You know strong inventory management is important for your customers and your profit margins. Buy why? Here are four reasons why inventory management is important and what you need …
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Read MoreBusinesses in the fabrication industry face many challenges that can impact productivity and profitability. Manufacturing operations, inventory control, order fulfillment and customer interactions are a few of the top priorities to consider. There are several methods for optimizing your fabrication operations that will lead to improved efficiency, reduced waste, higher productivity, and profits, as well …
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Read MoreSteel fabrication is a complicated business in a complicated industry. There are many challenges from the front office to the back warehouse and across a variety of machining and production lines. When time and materials are critical to the bottom line, productivity becomes one essential element to success. There are many ways to increase productivity …
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Read MoreIn the steel and metals industry, estimating and quoting is critical to satisfying customers and protecting thin profit margins. Preparing an accurate ‘time and material’ estimate is fairly straightforward. However, that customer’s quote is based the other business-critical task of job costing. While seemingly similar to estimating, pricing steel fabrication requires a different set of …
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Read MoreHow Does ERP Support Accounting and Finance? Finances are the lifeblood of your business. You and your leaders need access to real-time financial information to make the business-critical decisions that drive profits and growth. There are accounting solutions that can meet basic financial needs; however, a growing business needs more than that. You’ve heard about …
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Read MoreHow are ERP solutions helpful in forecasting? How many times have you wondered what the next quarter was going to look like, whether sales were peaking or picking up, or if you should take advantage of an opportunity to buy extra inventory? You don’t need a crystal ball to see what the future holds for …
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Read MoreHow does ERP improve business performance? Whether you are experiencing growing pains now or are anticipating growth in the future, you’ll likely be faced with a decision to implement an enterprise resource planning (ERP) system. With an investment of this size, you have to justify it and might be asking how does ERP improve business …
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Read MoreWhich ERP Is Best for Manufacturing? The marketplace is booming and you are feeling the pressure to increase manufacturing operations to keep pace with customer demands. You need technology that can support growth, and you might be wondering which ERP is best for manufacturing? While manufacturers do share certain things in common, there are also …
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Read MoreHow Do ERP Systems Work? Many business owners and leaders have heard of enterprise resource planning (ERP) solutions and what they can accomplish. Advances in technology and infrastructure have leveled the playing field making ERP an affordable option for businesses of all sizes in any industry sector. While you may be ready to upgrade your …
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Read MoreAdvances in technology have transformed many business sectors. Many businesses in the steel and metal industry have taken a wait-and-see approach, which has probably saved them from making costly mistakes. Traditional enterprise resource planning (ERP) solutions haven’t offered the right mix of features and functions to suit this industry, until now. The timing is right …
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Read MoreLike many other business sectors, the steel and metals industry is subject to an array of regulatory compliance obligations. From safety to environmental to product traceability, there is no shortage of data to collect or reports to prepare for regulatory agencies. Here’s how to centralize data from across your organization, simplifying compliance efforts and systemizing …
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