Purchasing and supply chain
Purchasing and supply chain management are essential components of an ERP (Enterprise Resource Planning) system. ERP software provides robust functionalities to streamline and…
Demystifying Inventory Planning: Strategies, Benefits, and Key Performance Indicators
Inventory planning is a critical aspect of managing a business’s supply chain, ensuring that adequate stock levels are maintained to meet customer demand…
ERP Integration
In today’s fast-paced business environment, companies are constantly striving to streamline their operations and improve efficiency. One of the ways they can do…
Exploring the Advantages of Implementing an ERP System in Your Business?
ERP systems have become an indispensable tool for businesses to effectively manage their enterprise data and streamline their operations. The benefits of implementing…
The Importance of Product Recall Functionality in ERP Systems for Manufacturers
Product recalls can be a nightmare for manufacturers and distributors. The ability to quickly and efficiently track and recall products is crucial to…
In an Enterprise Resource Planning (ERP) system, several different types of orders can be used to manage various aspects of the business.
In an Enterprise Resource Planning (ERP) system, there are several different types of orders that can be used to manage various aspects of…
What Is Axolt ERP Order Management?
Axolt ERP (Enterprise Resource Planning) Order Management is a software solution that helps businesses manage their sales order processes. It is a module…
What Is CPQ, or Configure, Price, Quote?
What Is CPQ, or Configure, Price, Quote? CPQ stands for “Configure, Price, Quote” and it refers to a software solution that helps companies…
What Is ERP (Enterprise Resource Planning)?
Enterprise Resource Planning (ERP) is a software system that helps organizations manage business processes related to various functions such as finance, accounting, human…
The benefits of using cloud-based Axolt ERP for your manufacturing business
In today’s fast-paced business environment, manufacturing companies need an efficient and effective way to manage their operations. This is where enterprise resource planning…
Why Axolt ERP is a smart choice for small and medium-sized manufacturing businesses
Small and medium-sized manufacturing businesses face unique challenges when it comes to managing their operations. They have to compete with larger companies while…
How Axolt ERP can improve supply chain management for manufacturing companies
In today’s highly competitive business environment, efficient supply chain management is essential for the success of manufacturing companies. Supply chain management is the…
How Axolt ERP can help manufacturing companies manage their finances more effectively
In today’s competitive business environment, manufacturing companies need to manage their finances effectively to remain profitable and sustainable. Financial management involves managing cash…
Maximizing Shipping Efficiency with ERP Integration
In today’s fast-paced business world, shipping and logistics operations are more important than ever. With customers expecting faster delivery times and a greater…
What is the difference between shipping and logistics?
Shipping and logistics are two related but distinct concepts in the movement of goods from one location to another. Shipping refers to the…
Axolt ERP implementation End to End on salesforce
Axolt ERP implementation End to End on salesforce Axolt is an ERP system built on the Salesforce platform. Therefore, the implementation of Axolt…
Reimagining Cloud Solutions for the Automotive Industry
The automotive industry is undergoing a significant transformation. Technological advancements are changing the way we design, manufacture, and operate vehicles. As the industry…
Streamlining Supply Chain Management: The Role of Logistics in ERP Systems
Logistics is a critical component of modern businesses that require the efficient and timely movement of goods and products from one point to…
ERP with Inbuilt CPQ for Manufacturing and Retail business
In today’s fast-paced business environment, manufacturers and retailers need to be able to respond quickly to customer demands and market changes. One way…
1 ERP for SMB
Enterprise Resource Planning (ERP) systems are designed to help businesses streamline their operations by integrating various business functions, such as finance, human resources,…
Straight Line Depreciation and Reducing Balance Depreciation
Straight Line Depreciation This refers to the approach of charging the cost of an asset evenly over the period that such an asset…
ARTIFICIAL INTELLIGENCE IN MANUFACTURING
ARTIFICIAL INTELLIGENCE IN MANUFACTURING The world today has become a platform where technology wishes to rule us all; a place in which living…
THE BENEFITS OF INTEGRATING ERP AND BI IN BUSINESS
BENEFITS OF INTEGRATING ERP Organizations, in recent years are increasingly committing greater amount of resources to get an integrated Enterprise Resource support (ERP)…
WAVE PICKING IN WAREHOUSE
WAVE PICKING in Warehouse For a better way to ensure productivity in goods and services, especially to meet the demands of customers, the…
Three Principles You May Forget In The Implementation Of ERP System
Principles You May Forget In The Implementation Of ERP System Business is dynamic and the ability for one to continue operating to the…
How An Amazing Technology Can Change Your Business
Technology in Business The business world is becoming more and more innovative. Business technology which goes to the very foundation of business is…
HOW TO RUN A SAFE ERP IMPLEMENTATION PROJECT
RUN A SAFE ERP IMPLEMENTATION PROJECT There is a major debate and some kind of misunderstanding among professionals when it comes to the…
Difference Between Internet Of Things (IOT) And Industrial Internet Of Things (IIOT)
Difference between IoT and IIOT Internet Of Things (IOT) began as an emerging trend and has now become one of the changing elements…
Three Reasons Why ERP Is Essential
Why ERP is Essential Businesses had before operated as an organizational structure where every department operated in isolation. Modern technology has rendered that…
Cash Accounting
Cash Accounting Any business needs a clear record of all monetary transactions coming in and leaving the establishment, because this is what indicates…
How to Innovate Without Blowing Your R&D Budget
Innovation without Blowing Your R&D Budget Speaking to Fortune, the late Steve Jobs stated that the degree of innovation does not rely on…
What happens when your budgeting goes wrong?
What happens when your budgeting goes wrong A good budget should not have errors, miscalculations, or lack of oversight. This can have detrimental…
Internet of Things for Industry 4.0
Internet of Things for Industry Internet of Things for Industry 4.0 is a common term that refers to the technologies and concepts of…
Internet of Things
The internet of things has in recent times become a growing topic of conversation in the workplace and our homes. It refers to…
Inventory Replenishment: Why Push When You Can Pull?
Inventory Replenishment Unlike the traditional supply chains, today’s supply chain is inspired by demand. At the same time, retailers, manufacturers and distributors seek…
Goals for Asset Management
Asset Management Regardless of the value of an organization’s assets, it is important to ensure that all asserts are protected and well managed….
Four Reasons Retailers Should Pay Attention to Reverse Logistics
Reverse Logistics Often, retailers emphasize the need for an agile and cost-efficient movement of freight to stores or customers but fail to acknowledge…
Why Every Manufacturer Needs a Reverse Logistics Solution
Reverse Logistics Solution Averagely, manufacturers spend 9-14% of sales on product returns annually. However, 45 percent of manufacturers fail to utilize a reverse…
Goals for Asset Management
Goals for Asset Management Regardless of the value of an organization’s assets, it is important to ensure that all asserts are protected and…
Best Practices in Today’s Distribution Center
Best Practices in Distribution Center A business may achieve success or complete failure depending on the selection of human resource, process tools and…
Technology That Can Improve Safety In Manufacturing and the Supply Chain
Safety in Manufacturing and Supply Chain Regardless of individual opinions regarding the safety or lack of it when using technology, one factor is…
Breakthroughs Manufacturing the Future of Medical Science
Future of Medical Science From curing crippling diseases and eradicating plagues to extending the average lifespan, medicine has undergone numerous changes over the…
Supply Chain Integration + Collaboration = Success
Supply Chain Integration The supply chain is highly reliant on a number of stakeholders who make the supply process successful and effective in…
How Robots are Taking Our Jobs?
How Robots are Taking our Jobs Technology has undergone significant changes over the years. Unfortunately, technology has also resulted in job losses in…
Warehouse Operations Best Practices
Warehouse Operations Best Practices The process of warehouse management is not as straightforward as other management processes. Often, warehouse managers have to observe…
Things You Might Be Wasting Workplace Funds On
Wasting Workplace Funds The current economy is quite unpredictable and more competitive than ever leaving the organizations to be on the lookout for…
5 Common Procurement Problems
Procurement Problems Procurement systems are designed for speed, efficiency and accuracy. However, human error and organizational shortcomings are still witnessed despite precautions taken…
Purchase Order Myths
Purchase Order Myths Some of the common misconceptions about purchase order include: Purchase orders are not important Most of the Small Medium Enterprises…
How Purchase Orders Work for Companies of All Sizes
Orders Work for Companies Purchase orders are vital for the operations of any company whether it is a small medium enterprise or a…
The Advantages of the Retail Method of Inventory
Retail Method of Inventory It is important for every business to carry inventory. This will enable it to ensure that it does not…
Impact on Financials from the Periodic Inventory Method
Periodic Inventory Method Inventory refers to money that is either your own or which you borrowed to inject into the business. The inventory…
Does it Matter to the Consumer If You Use LIFO or FIFO
FIFO or LIFO [fusion_text]The type of inventory system that a company uses will always have an impact on the consumer. This is the…
FIFO and LIFO Methods of Inventory
[fusion_text]FIFO (first-in, first-out) and LIFO (last-in, first-out) are the most common inventory valuation approaches used by business enterprises to account for the value…
Finding a Reliable Supplier for a Product You Want To Import
Finding a Reliable Supplier [fusion_text]You might have toured to several countries across the world, and probably discovered a nice product that you may…
Direct Exporting: Advantages and Disadvantages
Advantages and Disadvantages of Direct Exporting [fusion_text]Direct exporting involves delivering a product directly to an interested customer. This can be either delivering to…
5 Signs It’s Time to Change Your ERP System!
Who is one step ahead of the game? Who changes things when it’s needed rather than waiting until it’s too late? Those in…
Motivation for Contract Manufacturing
Contract Manufacturing [fusion_text]Contract manufacturing is the process whereby a company makes an arrangement with another company, either local or overseas, to manufacture part…
From Manufacturing to Distribution: The Evolution of ERP in Our New Global Economy
Evolution of ERP The increasing competition among manufacturing companies has led to enhanced product service delivery, as opposed to the traditional production based…
Slow Moving and Obsolete Goods, Are Bad for Your Inventory
Inventory Management Though the key idea of every business is to make significant profits, there comes a time when things don’t work exactly…
Warehouse Zones
Warehouse Zones All warehouse design requires a decision concerning how to store stock. Some items can be placed in racks, some can be…
Public Warehouse
Public Warehouse All organizations supply chain will have and require a warehousing function. The warehouse space can be owned by the organization, a…
Planning Your Warehouse Layout
Planning Your Warehouse Layout When planning a new warehouse layout or making existing warehouse design changes to support a new product, there are…
Measures of Warehouse Productivity
Warehouse Productivity The warehouse is the heart of the wholesale distribution system. It is the place where the goods first arrive, are stored,…
Benefits and Drawbacks of Cloud-Based vs. Traditional ERP
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Tips for Supply Chain Integration
Supply Chain Integration Supply chain management may not be a simple task. Yes it can be tricky at time but supply chain integration…
ERP for Warehouse Automation
Many companies carry out in-depth audit to investigate the inefficiencies and warehouse automation can help in reducing them. Usually it involves investigation of…
Who runs the ERP implementation project
ERP Implementation Project There is equal probability of success and failure of an ERP implementation project. To know who should be held responsible…
Old Software is bad software
Old Software is bad software Applications now play a vital role in several key business operations. To get the desired results you need…
Accounting Software
Accounting Software The fast moving world and tremendous competition in every field means that now every business needs to keep up and match…
How much does an ERP implementation cost?
ERP Implementation Cost The first question that any business organization would think about before implementing or opting a new process or an asset…
The Advantages of Hosted ERP
Hosted ERP Benefits The number of business industries and organizations are growing faster today. Whatever business sector or industry an organization belongs to,…
How to Set Shipping Rates For Your Business
Shipping Rates for Business Online retail companies need to implement advanced technological solutions in order to be able to grow their business in…