The coronavirus disease 2019 (COVID-19) pandemic not only ushered in rapid-fire adjustments in health-care delivery, but it also revealed the system's flaws. As frontline pharmacy employees and leaders were forced to manage new medicine and supply shortages as well as quickly adjust to this once-in-a-century global public health disaster, we realized
Modern enterprise resource planning systems have long been used by successful manufacturers to achieve a competitive advantage. Capturing and analyzing data is critical for resource management, reacting to consumer demands, and increasing revenues. As information technology advances, manufacturers will have new chances to operate quicker, smarter, and
To build your products as a custom manufacturer, you'll need a number of various parts and pieces. Furthermore, as a small firm, you may not have the funds or the room to purchase significant quantities of raw materials in advance. Inventory management is one of the most difficult difficulties facing small and mid-sized custom manufacturers, and getting it
Today's IT departments are increasingly relying on the cloud to deliver software and services within the enterprise, as well as to consumers and partners. In fact, according to the data published by the American Enterprise Institute on how Cloud Computing Enables Modern Manufacturing, cloud computing is being used by 90% of the global businesses in some way
When was the last time you invested in new technologies for your company? Is it this year? Was it last year? How about a few years ago? Perhaps you use a combination of old and modern technology, replacing software and equipment as needed when older systems fail. There's a good chance that at least one piece of software or equipment in your company is
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
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