Having an optimum inventory is the idlest thing every company wishes for. To achieve this, manual methods of managing inventory level isn’t just enough. Which is why companies need to have a Re-Order System in their ERP.
A reorder system analyzes the flow of stocks in and out of the inventory. Once the analysis is done the system fixes a reorder point. After the point is fixed it turns easy to maintain the inventory at an optimum level. Knowing the reorder point is ...
ERP is all about its capability to manage data from various functional areas of an organization. It revolves around finance & accounting, sales, HR, supply chain management, etc. Every module comprises data with which an organization makes important decisions. Hence it is vital to categorize these data. This gives an organization a structured approach to store and arrange data.
Details regarding employees are stored under this category. De...
A CRM (Customer Relationship Management) and ERP (Enterprise Resource Planning) are two necessary tools used by a business today. CRM handles all front end operations whereas an ERP handles all back-end related operations. Although the two systems are unique, when the two are combined they can improve your business in so many ways.
ERP and CRM if used as two separate systems by an enterprise give rise to manual work...
A trading industry has to undergo several challenges, its difficult for companies to forecast demand, generate revenue report and keep track of sales. To overcome these challenges, the trading company should opt for cloud-based ERP solutions.
In today's time, ERP is a must to manage businesses effectively and efficiently irrespective of the size of the businesses. ERP is an inevitable choice for the trade industry because of its diverse functions/modules that help i...
“Managing your Inventory is the first step to maximize revenue and profits”
The tire industry is one of the oldest and booming verticals in India. With increasing competition and demand, tire companies are looking for ways to deliver faster and reliable services. One of the major problems a tire company today faces is “Inventory Management”.
Companies need ERP software to manage their inventory as it not only auto...
Organizations today need an affordable, practical and simple solution to meet the requirements of the customer. For this, it is essential for marketing, sales and distribution to seamlessly exchange data at all times. To achieve this, organizations need an ERP to maintain a seamless exchange of data throughout the business process. To make the most accurate decisions, a Cloud ERP with inbuilt Business Intelligence is require...
Imagine you enter your office cabin and find your sitting area full of important paperwork and files to evaluate!!
Now, Imagine yourself in your office and find your sitting area with a laptop on the table to work on with room only to be given to your family photo frame.
Which scenario do you like the most??
The second scenario is what you would always find the best.
ERP provides services that eliminate the system of manual work and redundanc...
We have already discussed two major points regarding business automation in Business Automation: 5 Things to Keep in Mind - Part 1. It's time to dive into some details and explore more. So, let's get started.
Organized communication is the key to success in any organization. An automated way of working provides you with a sorted view and enhanc...
Everyone knows that business automation has become the need of the hour still entrepreneurs think hundreds of times before taking a step. As per the industry experts, there are basically two reasons that are holding back businesses from automation - COST & TIME. The myth among people that technology is costly is the root cause of everything. However, people don't understand a simple fact that the manpower they utilize to avoid the use of technol...
“Most people spend more time and energy going around problems than trying to solve them.” - Henry Ford Christmas is just a month away, and you might be already planning the celebration activities for the annual Christmas party at your workplace. Ain't it? With all the excitement and tons of fresh ideas to make the event special, you must divulge to make a difference this year by adding some depth to it. As a responsible business owner, take the celebration...
