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What is ERP? This is one of the frequently asked business-related subjects that customers are curious about. ERP is nothing but an enterprise acronym for Enterprise Resource Planning. In general, ERP references automation and amalgamation of a company’s central commercial business.
An ERP system automates and integrates central commercial enterprise
Inventory mismanagement may lead to overstocking of items in the warehouses or out-of-stock issues. Both cases will lead to losses, but the latter situation will lead to customer loss and a decrease in reputation level.
That’s why as a distributor, you need to give extra attention to inventory management. The advanced distribution software by Logic ERP
When the COVID-19 pandemic hit the whole world, one of the industries that faced severe impact was the restaurant business. Since then, the restaurant industry went through various changes to counter such situations (if struck again in the future). The consumer’s needs also evolved, and business owners have to change their traditional practices to meet
No matter what type of business you run, whether it’s a retail, distribution, or manufacturing business, inventory is one of the integral parts that hold up the whole model. You have to maintain an accurate ratio between demand and supply by analyzing your inventory items periodically. To ensure visibility across the inventory process, you need a reliable
For every retail business, inventory is like a heart that holds all the processes together. If there’s mismanagement of stocks, your business performance will get affected. But if you handle the inventory efficiently, the cash flow will be steady and the customer satisfaction level will be higher. This is why, when running a retail business, it's said
As the terror of COVID-19 is still on the rise, companies that fall under several verticals are still facing difficulties in their revenues and business. But for e-commerce industry, 2020 has been a good year. And on top of that, it will reshape the structure of India’s online industry in 2021. Various trends affected the e-commerce sector as it triumphed
If we talk about the business world, then 2020 has been the year of innovations and digitalization. Many changes were witnessed throughout the year because of the ongoing pandemic. Retailers, distributors, manufacturers, everyone started looking for innovative solutions that can enable them to work remotely, with safety and security. And POS systems are one
In the fashion & apparel industry, one of the things that a consumer desires are to have a close connection with his/her favorite brands and the party behind them. But now, during the pandemic and after it’s all over, they want to make less physical contact as much as possible. The restrictions placed during the lockdown period had a great impact on
To decide on which technologies and solutions your business shouldn’t and should invest is a tricky task. Also, you are responsible for growth and innovation within your business. On the other hand, you have to make sure not to bet on a failed project. So, is it worth it to invest in ERP software? This question might have come into your mind at least
Advance Stock Replenishment (ASR) module has been designed to refill the inventory of Stores/Branches based on their requirement as defined in the master level on auto mode. The replenishment module can help the organization to run smooth operation of inventory movement from warehouse to Stores/Branches. The merchandising team can define parameters into the