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,…
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…
Artificial Intelligence has been all the talk lately, be it the latest version of Siri or the robot Sofia. The future is all about machines that can think. But before we have self-aware robots, AI is already here to provide business solutions to problems that pester the best of us. And ERP is just another…
While the world was in a frenzy as far as political and social issues go, 2017 was a good year for the industrial sector. Particularly for ERP, it was a great year. ERP Application Ecosystem saw a tremendous increase in utility, with more and more companies realizing the potential of ERP. The emerging trends in…
Enterprise Resource Planning is perhaps one of the most sought-after tools in the market today, and for all the right reasons. ERP tools allow you to control the backend of your organization and every resource you have. The efficiency and automation that ERP provides make it one of the necessities in any large organization. But…
The textile industry has been flourishing throughout the globe for centuries and although drastic changes may not be apparent in the way that they operate, the management of processes such as manufacturing, distribution, sales and accounting, has taken a complete U-turn for the better. The adoption of ERP software benefits these apparel companies in handling…