Radio Frequency Identification (RFID) is nothing new; we have been using the technology to track lost dogs through their embedded microchip, as security tags on clothes items in stores and in security access doors for many years now. But it’s also fast becoming an option for a growing number of other business processes, including inventory…
A few common themes that benefit SMEs in their business management solutions are automation, reducing or eliminating manual processes (and the associated risk of human error), and time and cost savings. These apply across the entire business spectrum, but it’s perhaps most effective when they come together to improve the management and distribution of inventory,…
Any stock-led organisation will know the importance of strict stock control – cash flow, storage costs and wastage are all negatively impacted when inventory is not managed efficiently. Part of efficient stock management involves stock counting to match what your warehouse is storing to what the spread sheet says you should have. This important, and…
In the supply chain management world, pick & pack is a vital step of the process, ensuring that the distribution of goods (often retail) is completed efficiently. It involves disassembling an amount of goods, selecting (picking) the relevant product for each onwards destination and repacking it with the relevant shipping and financial documentation.
A different story from just a few decades ago when warehouses simply received, stored and distributed goods to other locations into the key part of the supply chain they represent today, organisations are constantly looking for new ways to optimise their warehouse capabilities. What has changed? It seems everything! From international competition pushing companies to…
It’s a new year and we at Blue Ocean Systems are excited about bringing our clients even more value from their SAP Business One platform this year. We’ve recently started work with Intrasys to make this happen for our clients through what is thought to be the next step in IT evolution – R.F.I.D –…
According to reports out this week, SMEs are still struggling with the ongoing manpower shortage and an increase in employee salaries and rents, while they also suffer declining profits. The results from an annual SME survey conducted by the Singapore Chinese Chamber of Commerce & Industry (SCCCI) indicate that 83% of the 645 companies surveyed…
In last week’s post, we took a long, difficult look at the past 12 months for your business; the good, and the not so good. The next step is to look at how the ‘not so good’ can be transformed so that when you perform your end of 2014 business review, you’re much more satisfied…
Leading an organisation might often feel like a never-ending line of decisions to be made. In today’s fast-paced marketplace, making the wrong choice, or making it too late, can have a negative impact on your success, your brand and your profitability. Gone are the days where companies had analysts reviewing every data source imaginable; in…
This post was previously published on 6 September 2013. For more up to date information on the PIC scheme and other budget initiatives, please refer to our most recent blog post on Singapore Budget updates, with the latest available information from IRAS. For the full details, visit the IRAS PIC site. The question should be…
