{"id":1048,"date":"2017-05-11T08:00:18","date_gmt":"2017-05-11T16:00:18","guid":{"rendered":"http:\/\/smartermanager.com\/blog\/?p=1048"},"modified":"2017-05-11T08:00:18","modified_gmt":"2017-05-11T16:00:18","slug":"keeping-up-with-the-competition","status":"publish","type":"post","link":"https:\/\/www.smartermanager.com\/blog\/keeping-up-with-the-competition\/","title":{"rendered":"Keeping Up With The Competition\u00a0"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/www.smartermanager.com\/blog\/wp-content\/uploads\/2017\/05\/shutterstock_566320990.jpg?ssl=1\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-1049\" src=\"https:\/\/i0.wp.com\/www.smartermanager.com\/blog\/wp-content\/uploads\/2017\/05\/shutterstock_566320990.jpg?resize=1000%2C667&#038;ssl=1\" alt=\"Keeping Up With The Competition\u00a0\" width=\"1000\" height=\"667\" srcset=\"https:\/\/i0.wp.com\/www.smartermanager.com\/blog\/wp-content\/uploads\/2017\/05\/shutterstock_566320990.jpg?w=1000&amp;ssl=1 1000w, https:\/\/i0.wp.com\/www.smartermanager.com\/blog\/wp-content\/uploads\/2017\/05\/shutterstock_566320990.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.smartermanager.com\/blog\/wp-content\/uploads\/2017\/05\/shutterstock_566320990.jpg?resize=768%2C512&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" \/><\/a><\/p>\n<p>Many of the small and medium-sized manufacturing companies that we work with here at SME Software face a similar dilemma: how to compete with larger manufacturing entities that enjoy a number of distinct advantages. In this article, we discuss the reasons why small companies can sometimes face a disadvantage in the market, and then we will discuss the solution that our software products can offer.<\/p>\n<p>&nbsp;<\/p>\n<p><b>Why do larger manufacturing operations have an advantage?<\/b><\/p>\n<ul>\n<li><b>Reputation. <\/b>Larger companies tend to be more established in the market, which offers advantages such as increased brand recognition and a higher level of customer trust.<\/li>\n<li><b>Economy of Scale. <\/b>It&#8217;s no secret that buying in bulk is more cost effective &#8212; and small manufacturing businesses are definitely at a disadvantage when it comes to purchasing materials and equipment at a cost-effective price.<\/li>\n<li><b>Resources. <\/b>Cheap solutions can sometimes be very expensive &#8212; and larger operations tend to have the resources needed in order to invest in quality. This may mean paying top-dollar for top-talent, buying the best technology, or fixing a problem before it ever becomes a problem. Making these choices tends to be a lot tougher for smaller businesses, as they oftentimes have fewer resources to spend on such matters.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><b>What can small manufacturing operations do to keep up?<\/b><\/p>\n<ul>\n<li><b>Care for your Connections. <\/b>In the last section we talked about reputation. It is certainly true that larger operations tend to have a wider array of connections, as well as more funds to invest in expenses such as advertising. However, you, as a smaller operation, have the advantage of personability. It is within your reach to make each and every customer feel like they are special to your company. Relationship building, communication, and <a href=\"http:\/\/smartermanager.com\/scheduling-and-tracking-software\/\">on-time delivery<\/a> are all important factors in the respect.<\/li>\n<li><b>Manage Resources Wisely. <\/b>Smaller operations have less resources to invest: which is why they must manage them carefully. An ERP and\/or MRP software system can help you do just that. <a href=\"http:\/\/smartermanager.com\/manufacturing-software-by-industry\/\">Visit SMe Software online today to learn more.\u00a0<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many of the small and medium-sized manufacturing companies that we work with here at SME Software face a similar dilemma: how to compete with larger manufacturing entities that enjoy a number of distinct advantages. In this article, we discuss the &hellip; <a href=\"https:\/\/www.smartermanager.com\/blog\/keeping-up-with-the-competition\/\">Continued<\/a><\/p>\n","protected":false},"author":4,"featured_media":1049,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"kt_blocks_editor_width":"","jetpack_post_was_ever_published":false,"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":[]},"categories":[3,4,6,11,144],"tags":[188,88,91],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.smartermanager.com\/blog\/wp-content\/uploads\/2017\/05\/shutterstock_566320990.jpg?fit=1000%2C667&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9f7Kr-gU","_links":{"self":[{"href":"https:\/\/www.smartermanager.com\/blog\/wp-json\/wp\/v2\/posts\/1048"}],"collection":[{"href":"https:\/\/www.smartermanager.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smartermanager.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smartermanager.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smartermanager.com\/blog\/wp-json\/wp\/v2\/comments?post=1048"}],"version-history":[{"count":1,"href":"https:\/\/www.smartermanager.com\/blog\/wp-json\/wp\/v2\/posts\/1048\/revisions"}],"predecessor-version":[{"id":1050,"href":"https:\/\/www.smartermanager.com\/blog\/wp-json\/wp\/v2\/posts\/1048\/revisions\/1050"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.smartermanager.com\/blog\/wp-json\/wp\/v2\/media\/1049"}],"wp:attachment":[{"href":"https:\/\/www.smartermanager.com\/blog\/wp-json\/wp\/v2\/media?parent=1048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smartermanager.com\/blog\/wp-json\/wp\/v2\/categories?post=1048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smartermanager.com\/blog\/wp-json\/wp\/v2\/tags?post=1048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}