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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
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
Everyone wants to run a successful business, making sure it’s in the right position to scale.
It’s a nice thought to have. But to make the business come out of the small potatoes, there are few things that companies have to confront: market trends, inventory management, changes in the retail industry, etc. These changes are not new, but they take
Inventory management is a tricky task for a business. Whether its a bakery shop, a grocery store, a clothing house, etc., inventory control is always a challenging task for every business. Along with stock placement, you also have to know about processes to optimize your warehouse for ensuring that it’s balanced properly with the outflow. There are
The world has seen a lot of changes in the past few years such as a change in consumer’s behavior when buying apparels. This switch in mentality is because of ‘see now, wear now, and buy now’ parameters introduced in the fashion world. Also, the influence of social media influencers is something to give credit to. They have more power compared to
Every manufacturing industry is dependent upon ERP system. It all started with Manufacturing Requirements Planning and now, it has grown into Enterprise Resource Planning. Manufacturing industry comprises several businesses:
Pharma industry that manufactures a large number of livestock medicines, surgical equipment, etc.
Bakery business that