Enterprise Resource Planning (ERP) tool is fast gaining an irreplaceable position in organizations. The sheer benefits of the ERP tool make a compelling case for itself. Naturally, many operations (which were not included in ERP by default) are getting integrated with ERP to extend these benefits. Integrating ERP and inventory management is one such recent…
Logistics is as essential to businesses as any other operation like sales and marketing. The flow, supply and transportation of goods and raw material within the company and to sellers/customers form an essential part of any business model. However, with the growth in industrial sectors, the complexity in logistics has seen a similar rise. Traditional…
Retail is one of the fastest-growing sectors in the world right now. But as the sector grows, so do the problems in managing it. The retail sector is made up of a series of sub-sectors and managing them efficiently is imperative to maintain or increase profits. Fortunately, ERP in Retail industry could be the solution….
If you thought that ERP was restricted to just businesses, think again. The core aspect of ERP makes it useful in any organization that needs its resources to be managed in a more efficient manner. Educational institutes are one of them, employing dozens and even hundreds of people for different roles and departments. However, like…
Enterprise Resource Planning (ERP) is one of the most sophisticated and complex tools you can choose for your business. A significant amount of resources, time and manpower go into implementing the comprehensive tool within your infrastructure. It is natural to expect great things and benefits from it once the implementation is done. However, sometimes you…
Inventory management is like walking a tightrope: without a perfect balance, things are sure to go wrong. Managing inventory involves establishing the right balance between supply and demand. The goal is to avoid losses and avoid disappointing your customers, at the same time. Luckily, ERP can do wonders to optimize inventory. Enterprise Resource Planning (ERP)…
While moving forward on the path of technological progress for your business, you might have faced this choice at one point or the other: ERP or digital transformation? For many, these are two mutually exclusive paths that do not intersect. However, in reality, the two are closely interrelated. Digital transformation has played an important role…
Enterprise Resource Planning (ERP) has become an integral part of businesses in recent years, given its immense benefits in not only improving the effectiveness of operations but also as a means to stay a step ahead of the competition. However, most businesses still ignore or undermine the importance of employee training, which is, in fact,…