Though the general economy in the US and elsewhere is slowing down, manufacturing is set to grow 3.9% in 2019. However, in the next couple of years, the growth manufacturing may slow down too, with an expected rate of 1.9% in 2021. If you are worried that your manufacturing unit may face difficulties in these…
Inventory management is an important step that contributes significantly towards the success of the business. It ensures the seamless flow of the business activity enabling to carry out all retailing as well as manufacturing operations skillfully and for that, the estimation of the inventory is exceptionally crucial. There are many inventory counting methods, one of…
A lot of time and financial resources are invested in sales and marketing departments, and the KPIs related to these two teams may perform poorly if there is no coordination. In a customer-centric world as of today’s, syncing the activities of sales & marketing teams is crucial to ensure a healthy financial performance and positive…
No matter what company you own, whatever industry you belong to, when your employees work in multiple shifts, you have to tackle the stress of roster management every week or month- whatever your company’s transition cycle is. Here lies the importance of robust roster management software in speeding the process of shift development and management….
It wouldn’t be an overstatement to claim that social media is the single most important tool in the marketing mix. With studies estimating that there will be close to 3 billion active social media users by 2020, it is very important to understand how social selling can be automated at least to a certain extent….
The ability for managing customers regressions is crucial for the sustenance of a business as it gauges and strengthens the performance of the representatives. Providing unparalleled service throughout the marketing process is indeed the primary motive of the customer service providers but a speckless customer handling even after the complete sales cycle. Why? Because customer…
What is customer churn? The word churn may sound like something really nice for the business, but in practicality, there is nothing joyful about it. It is like a hidden degenerative factor that eats up the business surge from within. The moment you discover this phenomenon, you should make it a point to nip it…
While ERP is a remarkable tool that helps businesses to manage the day to day operations easily, it also can be used to access deep insights and business intelligence. Such actionable intelligence can help businesses to recognize opportunities, avert risks and come up with contingency plans. While much has been discussed about the Internet of…