This is probably old news, but optimizing supply chain processes goes a long way in helping businesses – in all industries – gain a serious competitive advantage. Whether that means slashing costs, boosting profits, or delivering better experiences to all customers and stakeholders, supply chain orchestration is a big piece of that “optimization puzzle.” In…
Heraclitus, a Greek philosopher, is quoted as saying “change is the only constant in life.” Although Heraclitus was kicking it in ancient Greece around 500 B.C., this saying still rings true today – especially when it comes to the change to which a supply chain must adapt. Change in customer demand. Change in materials and…
More and more states are legalizing cannabis. Sweet! This is obviously giving cultivators and distributors a huge opportunity to capitalize on and grow their businesses. No question it’s an exciting time, however… Along with these opportunities, the industry faces a few challenges—complicated regulations, emerging technologies, changing customer preferences, and, yes, more competition. A great way…
Cannabis cultivators and distributors continue experiencing growth opportunities, with more states giving the green light to legalization. While it’s an exciting time, these new cannabis industry trends come with some special challenges as businesses enter complicated regulatory areas, changing consumer preferences, and growing competition. To help you tackle these issues head-on, our team recently published…
Background A building materials distributor specializing in lumber, hardware, plumbing, and window products upgraded its out-of-date Microsoft Dynamics AX 2009 system to Microsoft Dynamics 365 Finance but needed to replace manual processes in supply chain management too. After reviewing several Microsoft partners, they chose Velosio based on its expertise in distribution and supply chain management. The…
Given the challenging state of today’s global supply chains and the fast-moving digital landscape, it makes sense that more supply chain leaders now see AI as more than just a smart solution. They know their survival could depend on it, and it’s here to stay. IBM recently surveyed more than 1,600 Chief Operating Officers (COOs),…
A Booming Business During the second quarter of 2020, overall edibles sales hit an all-time high of $227 million. Booming growth meant that a top cannabis edibles organization outgrew its “ERP Lite” solution built on QuickBooks and Google Sheets. It was a big goal for the organization to reduce dependency on the limited, siloed products…
Background For its clients, a technology service provider services data center hard drives with new and used parts which are housed in global warehouses. Technicians travel to data centers to swap out and update parts. Getting the parts to the field was a labor intensive, manual process managed by 16 full time employees who would…
Streamlining the Process of Sending Certificate of Analysis (COA) to Retail Cannabis Customers To help cannabis retailers maintain compliance with state regulations, suppliers need to provide a Certificate of Analysis (COA) from an independent testing company that proves products meet safety and quality specifications. Retailers need proof that products are safe for use by consumers…
Like every industry on the planet, digital disruption is shaking up the consumer packaged goods (CPG) space. According to Deloitte, CPGs often struggle to stay organized, and, in many cases, still operate with fragmented data sets that fail to produce actionable insights. That means, many organizations are sitting on mountains of valuable insights that never…
