ERP at the heart of Digital Transformation

With the government of India going digital, can businesses survive without undergoing a digital transformation themselves? Almost every intersection of government and business has undergone massive change in the last couple of years. Most of the change has to do with the way the government expects businesses to function with regards to regulatory compliance. Be…
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How ERP Can Help Manufacturing

Modern day manufacturers walk a tight rope of impossible deadlines, customized products, just in time delivery and lean inventory levels. They also need the ability to respond to changing market conditions swiftly. Running a modern manufacturing business is similar to running a marathon, on a tight rope on a really windy day! Even small manufacturing…
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Six ways ERP helps improve Inventory Management

More than half of all new businesses will fail within the first five years of setting up operations. A further 30 percent of the businesses will not enter their 10th year of operation. While there are a significant number of reasons for businesses to fail, one of the most striking, and avoidable, reason is poor…
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Legacy systems could cost you your business

One out of four companies will lose their competitive advantage in 2017 due to lack of digital business competence. These companies will lose out on new business as their rivals will have a faster time-to-market, streamlined operations, better business intelligence and cost savings that digital businesses generate. These companies essentially lose out because of their…
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ERP Helps Metal Fabricators Shine

The Metal Fabrication industry is connected with almost all spheres of economic activity. From making spoons to complex aircraft parts, there is a little bit of the metal fabrication industry in all of them. The main challenge for metal fabricators is in handling the immense variety of products, and the complexity of producing them within…
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Outgrowing the Traditional & Accepting the change

As businesses expand in terms of scale of operations & presence, it becomes critical to have a solution that helps them to keep pace with their growing needs. The platform a company chooses should offer better control, be flexible and adapt to the needs as the business scales up. Another important aspect is, it should…
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Revenue leakages through pricing costing you? 3 ways in which an ERP can help

Nothing is free in today's business world, but cutting costs can increase your profits enough that your business feels the success. Using an effective Enterprise Resource Planning (ERP) system can help you reduce your revenue leakages. The 4Ps of marketing are i.e. Product, Place, Price and Promotions, these are the foundations of any marketing strategy.…
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6 ways mobile ERP solution can help your sales team

Mobility in the enterprise has become as big a business driver as the internet was in the early 90’s. Most companies are adapting some sort of mobile application to drive their businesses. While mobile adaptation is still low, companies that have incorporated mobile technologies are reporting the benefits of going mobile. A recent report on…
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Looking for shorter & on time customer deliveries? Five ways an ERP can help you

Traditionally, in the initial stages all businesses struggle to produce high-quality goods at the lowest possible cost. Stalk and Hout introduced a new concept of “Speed” which was a new learning for the business world. This added element was an ultimate key to competitive advantage. Stalk closely observed how Japanese companies progressed, even when they…
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Efficient Credit Management Key to SME Survival

Most small and medium enterprises in India shut shop within the first two years of operations. In fact, only a handful make it past five years. While lack of experience and planning are often cited as reasons for SMEs to fail, the number one reason for failure is lack of funds. Second, critical reason for…
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Ease of Use Defines Operational Success

The implementation of GST on July 1st has made it critical for companies to deploy an ERP system. While the benefits of an efficient ERP system go way beyond regulatory compliance, to helping improve the overall business efficiency of any organization. There is a cautionary tale as well. That of improper ERP implementation. Studies have…
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Is your ERP really GST ready?

Anup Patel is a worried man. The manufacturer of electronic components had just received word from his chartered accountant (CA), Sanjog Jain that he would have to digitize his entire business operations to comply with the upcoming GST regime. Anup understands electronics. He knows capacitors from his resistors and thermistors. He also knows a good…
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10 Common ERP Implementation Errors

The decision to upgrade from legacy systems to an ERP is never an easy one. On the plus side there is little doubt about the obvious business benefits that will accrue from an ERP solution. But on the negative side is the cost, time and money involved in making the move. Add to that the…
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Checklist for selecting the right ERP

The task of selecting the right ERP for your business can sometimes be more daunting than running the business itself. For starters there are a plethora of offerings that are seemingly targeted at the SME sector. Second, choosing the right ERP could be the difference between choosing between building a growing successful business or struggling…
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Is Your Business GST Ready?

Come July 1, 2017 the Indian government will switch over to the new tax regime the Goods and Service Tax (GST). GST is a value added Tax (VAT) which will be a comprehensive indirect levy on manufacture, sale and consumption of goods and servers across the country. It will replace all indirect taxes levied at…
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Are you building your ERP like a Baya?

The Baya weaver bird, native of South India and parts of South East Asia, are the original constructors of the natural world. The male builds elaborate nests that come with heat-shield mechanism, stringent security checks and have expert craftsmanship. The nest design includes a looped attachment to the branch, a roof, the egg chamber, and…
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When tailor-made is less than a perfect fit

Choosing the right ERP solution for your business can sometimes be a choice between going for an off-the-shelf solution or for a tailor made one. The lure of a tailor-made ERP solution rests on the flawed premise that the enterprise requirements are unique and therefore the solution has to be built around the processes and structure of an organization.
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Can an effective ERP Solution Help Eliminate Dispatch Errors?

Yes it can, in fact a good ERP solution is a perquisite for a modern manufacturing company. Manufacturing has undergone tremendous changes in the last 15 years. The focus increasingly is on agile production. Companies must have the ability to change direction at a moment’s notice without encountering loss in production quality. Take the case…
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Is your business ready for the Digital wave?

When Prime Minister Narendra Modi announced his demonetization scheme on November 8th, he also laid the foundation for the evolution of small and traditional business operations in India. Everyone from the local grocer, hair cutting salon, sweet shops to small and medium manufacturers had to quickly activate some sort of e-money system to purchase and…
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