#3 Grow SalesNot Staff Growing your business takes lots of hard work, but adding staff every time you increase sales doesnt help profits. Which is why a multinational manufacturer and distributor of biocides, flame retardants and other specialty chemicals invested in a streamlined order entry process. Thanks to Microsoft Dynamics GP the manufacturer handled 30% more business last year without adding personnel to the accounting, inventory or order entry teams. By saving the company 2 to 3 headcount per year they realize a $150,000-$200,000 cost savings each year. Through one fully integrated system, sales personnel have access to inventory information thats easy to search and view. They can tell a customer exactly what's available and when it can be shipped out. Inventory lot tracking Another key requirement for the new system was the ability to manage inventory lot tracking and expiration dates for all products. With most inventory items manufactured outside the US, visibility into the product location from manufacturer to container to warehouse is critical. The new system also helps the company save money by monitoring LTL (Less-Than-Truckload) shipping costs based on number of miles from the warehouse. With the increased speed and efficiency of order entry, and better visibility to inventory across locations and in transit, the manufacturer delivers better service than any competitor.

report on the item added to Microsoft Dynamics Great Plains that is proposed to Increase Profits. Use a Business Report Format as follows:

I. Background (Describe the background and specifically what issue exists)

II. Describe the improvement proposed or implemented by the company

III. Do additional research on what is proposed and describe what other companies have done to address this issue

IV. Describe how this addition improved the revenue and profitability of the company.

V. Conclusion and Recommendations: Was this a worthwhile addition? Did the increased revenues exceed the cost? What was the long term outcome? Is this something similar companies should consider?