Get New Updates on ERP Software, advice, lessons and best practices.
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
In this highly competitive modern landscape, organizations need to shift to ERP software if they want to build a cognitive business; since it can help them streamline processes while intelligently utilizing real-time data to promote operational efficiency, enhance collaboration, and quickly respond to changes. A cloud-based ERP system can help you run all
The pandemic has affected all the sectors across the globe in a drastic way, especially the fashion retail business in developing countries like India. In addition to the pandemic, falling GDP growth, increasing inflation, and unexpected financial losses have made the Indian fashion product consumers even more cautious about where to spend their money.
The ERP software technology came a long way since its invention in 1960. At that time, big firms use it as inventory management and quality control system. But now, no matter what task it is, small-medium and large enterprises use ERP software to handle their complete business operations. An ERP system is necessary for building a cognitive business that
In a world where technological innovations are the driving force behind every business progress, no one wants to lag in the competitive market. Whether it’s a local, national, or international market, everyone wants to earn profit and invest in assets that offer a better return on investment. An ERP software is also one of those assets that assure better
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
For running a retail business, there are various aspects that one needs to vary - market trends, keeping inventory up-to-date, customer retention & engagement, employee or staff management, accounts & finance, etc... There are a variety of challenges that retail business owners have to battle to keep the business going. On top of it, the intense
One thing that everyone might have learned from this pandemic crisis, it’s the importance of digitalization to keep the business working and stay competitive. If we look at the situation before the pandemic, most of the businesses were working on on-premises ERP models, which were good when working at the location itself. But now, things have changed
One thing that COVID-19 taught to retailers is that the use of modern ERP solutions that offer omnichannel, cloud-native, multi-billing, and microservices is inevitable if they want to address rapid change in shopper’s demand in the future.
We can’t deny the fact that it was necessary to impose a nationwide lockdown to protect people from getting