Nothing, but the profits will save the company. If you are part of a Manufacturing company that gets free funds to meet your expenses, if profit is not a big deal then this article is not for you. But if your company depends only on customer revenues & profits then you are at the right place. Cost of Goods Sold…
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I recently went to Kumbakonam. This is one of the district HQs in Tamilnadu, India. There is a famous South Indian restaurant Mangalambiga Coffee and Tiffin Center. This has been run by a family for the past 50 years. I stayed there for about 15 days (Since we are work-from- Anywhere company we have this luxury) and used to go…
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This is a welcome move to protect the Shareholder' and Investors' interests. This is almost like food safety and road safety. Audit trail of Data will ensure Data security and integrity. The highway does not offer a lot of flexibility for the drivers and the public. It has lots of restrictions. But it offers speed and safety. Pen and Paper…
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Supply chain - Courtesy Logexsoft Do you really know that the complex manufacturing industries without proper ERP system, for the purpose of Inventory, Sales, and Accounts reconicllation will close their operations for 5 to 7 days in a month? This means 60 to 84 days in a year! When we talk about the supply chain, the top of the mind…
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How to make ERP selection risk free? All department users to pen down their requirements and all must spend time for evaluation Ask for a trial from the ERP vendor. Try all these requirements of transactions and reports. This has to be a real deep evaluation and all users have to be involved. Make a list the gaps and decide…
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Art of Choosing and Implementing the right ERP ERP is been around here for over the last 30 years. Still there are many questions around it. In this webinar we will present many common mistakes & the right actions for the success of ERP in order to benefit the Enterprise. Why do we need an ERP? But where it goes…
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Digital readiness is a "Must to have" than "Nice to have". It is more important now than ever before. Post COVID-19, the work environments are going to be completely different. Only the essential work force who are required to move the physical goods like Security, logistics, production, quality and plant maintenance etc., needed in the work area. The company has…
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ERP for free trial We all know this a challenging situation for all Humans in the globe. Both the business and personal lives are affected. Manufacturing industries are realising the need for accessing real-time data than ever before. Real-time data is a key to take proactive and corrective action without loosing time. To male this happen ERP will be a…
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As you know, a good ERP that is well implemented, can solve many problems in your Enterprise. But, when we think of an ERP system, there are many questions that cross our mind. That too when you have a limited budget, it is very important that every resource, time and money is utilised in a most optimum way to take…
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The ERP evaluation is a very crucial stage. Please don't decide on what people say, but decide on what suits your organisation. The team needs to spend time to at least 1-2 months on this ERP evaluation process and various ERPs. It will be worth it. 1. Functional features for your day-to-day transactions and statutory compliance are a must to…
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