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…
Franchises are an interesting aspect of a business, where you sell your brand to others in return for part of their revenues. It is one of the best ways to enjoy the perks of having an established brand. However, franchise businesses are some of the most decentralized business models, and managing them can be a…
Inventory One of the most important words in the field of goods and materials is that of “inventory” or “stock”. A number of organizations find it difficult to maintain, regulate and use it for the purpose of resale or repair. What an inventory actually does is, it specifies the shape and percentage of goods that…
ERP Training ERP systems are being increasingly installed by companies to increase the profit and efficiency of their business. ERP is enabled to streamline different facets of the company like inventory management, product planning, quality testing, accounting, marketing & sales, service delivery, etc.