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Systum, Inc.

Post 21 to 30 of 55

Wholesale eCommerce: Why B2B eCommerce is the Future

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Today’s B2B buyer has high expectations. They are smart, tech savvy and know they have endless options when it comes to buying for their company. In addition, B2B buyers want the same exact experience as consumers, despite the more complex nature of wholesale… View More

A Guide To Critical Wholesale Terms And Conditions (6 Examples)

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One of the best ways to start a relationship with your customers is to provide a wholesale terms and conditions sheet. Your terms and conditions make clear what you expect of your customers and details what you’ll provide from your end.   Operate… View More

Selling Wholesale To Retailers: Wholesale 101

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When selling to other business—or retailers—versus consumers, therein lies a whole new set of challenges.   Buyers have different concerns and needs, but they expect the shopping experience to be just as easy as the consumer one. Despite bulk… View More

Excess Inventory: What To Do With It & How to Avoid It

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No matter how successful you are at inventory management, at some point you’ll likely experience an excess of stock. Not only are there ways to prevent it, but there are several routes you can take to get rid of it.   In this post, we’ll… View More

Inventory Costing Methods For Wholesale Distributors

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Inventory costing is an accounting-based strategy for assigning value to your inventory. This is important for wholesale distributors as inventory costing helps ensure that your business is and remains profitable.   By… View More

How to Use Wholesale Minimum Order Quantity (MOQ) To Grow Profits

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One way to increase your AOV (Average Order Volume) as a wholesale distributor is to require a MOQ (Minimum Order Quantity) for certain products.   In this post, we’ll cover how you can bring in additional revenue from your current customers by bringing up… View More

5 QuickBooks Online Inventory Limitations For Wholesale Distributors

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Although QuickBooks Online is popular among small to medium businesses, it does present limitations for wholesale distributors, no matter their size.   While QuickBooks Online does offer general purpose accounting features, it lacks the inventory… View More

How to Combat Inventory Shrinkage (Inventory Loss) In Your Business

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Inventory shrinkage is a problem today for any business that stores products in a warehouse. Ignore the problem and it could cost your business thousands of dollars a year. Or you could lose customers to a competitor because you’re out of stock due to inventory… View More

19-06 Release: Improved Mobile App and New Reporting Options

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In this release, you’ll find significant improvements to reports and the mobile application, both of which are critical to your success as a wholesale distributor.   The new reporting options are targeted to impact sales teams. The new… View More

How to Use The Safety Stock Formula To Win Customer Loyalty

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Safety stock is an essential component of any successful inventory management plan. Without it, you run the risk of losing a new customer to a competitor or disappointing a current customer by not being able to fulfill their order. Some customers are unwilling to wait out a… View More

 

 

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