Why Flowlens ERP works for growing OEMs

For OEMs and companies who component assemble (or refurbish) equipment, machinery, Flowlens is designed to help you: Schedule your component assembly production jobs Get accurate materials/component needs Store multiple supplier part codes against your parts Track profitability of the job Create an asset serial number for ongoing after-sales service and traceability Create a sales forecast  […]

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Why traditional CRM thinking is failing SMEs

Have you hit a brick wall with your CRM system? We adopt tools like CRM and spreadsheets to solve a problem, until we discover they create yet another silo of information in the business. And when it comes to turning orders into cash, these silos just slow you down. We’ve all been there, copying data out of one system to […]

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How does Flowlens work with your existing accounting package?

Flowlens works alongside your existing accounting package. This means you can stick with what you know (and save the money you’ve invested already), whilst adding a powerful suite of management tools to help your business grow. Flowlens is a modular SME cloud software system that manages sales, stock, purchasing, production and after-sales service. Flowlens integrates […]

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The Cost of Poor Stock Management

What is paid to the supplier is only part of the true cost of holding stock. Businesses that purchase stock, both for production and direct re-sale, will be familiar with the term ‘carrying cost’, which is the sum of: Purchasing the stock Warehousing Handling/delivery Damage and loss Flowlens cloud MRP, with integrated purchasing, job cards […]

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Multiple Supplier Management

Globalisation has changed the playing field for businesses, in particular manufacturing companies. There is the opportunity to reach customers in foreign markets and supplier relationships are now on a global scale. However, this brings with it the added risk of external factors such as natural disasters, political instability and currency fluctuations. Now, more than ever, […]

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How to Estimate Sales Projections

Having an accurate estimate of the volume of sales that are likely to close, facilitates the smooth operation of many other business departments. The ‘leads to sales ratio’ is a measure that can guide the efficiency of the production and purchasing functions. While it is only ever an estimateand businesses should never completely rely on this […]

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Calculating Your Minimum Stock Threshold

Businesses that don’t operate a sales order process, such as shops and rental companies, must hold a ‘safety stock’ to meet unpredicted sales and exchanges. A business that successfully manages its safety stock should never lose a sale because they don’t have an item. Having a lot of ‘out of stock’ products appears unreliable to […]

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6 Stock Strategies to Increase Your Profits

Every business needs supplies, whether it be day-to-day necessities like photocopier paper or materials for manufacturing car parts. Ensuring that the key components that a business relies on are available when needed is the responsibility of the Purchasing Department. Businesses strive for ‘purchasing efficiency’, whereby materials purchased meet required quality standards at competitive prices. In […]

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