A business is in existence to provide something in exchange of money or money’s worth. The latter then is the central reason behind its existence. With this central reason, any business is not beyond charity. If the central reason for the business is money, doesn’t it make sense to streamline the process of receiving the […]
One of the best examples of scaling up with ease is the human body itself! Have we ever felt ill-at-ease with the process? No. Most don’t even notice it- unless it’s the case of rotting teeth or dry skin and the likes. For most parts, we don’t notice the upscaling. Something similar is the case […]
In every activity where speed increases exponentially, there’s always the need to know if all the systems and sub-systems which affect the speed are running at their desired capacities. More the speed, higher the need. Something similar is the situation with enterprise today where due to varied reasons including digitization and sheer competition, one has […]
A PO Management software is essentially a part of the inventory management system of any organization which itself could be a part of an extensive ERP package. With competition being the way it is and every organization trying its bit to grab the maximum of market share, a Purchase Order Management Software can make a […]
What do enterprise store in warehouses? Unless it’s a one-off case of storing non-business stuff like furniture, files, and other disposables, chances are that most warehouses would store either raw materials or finished/ semi-finished goods or parts of machinery and equipment. In short, warehouse are store houses of an organization’s most important wealth. It’s product […]
A business exists to satisfy a need with the solution taking the form of a product or a service. In the absence of these, reasons could either be philanthropy or fraud. Where there are products involved either directly or indirectly (as is the case with e-commerce companies), the organization has to invariably take concrete steps […]
The era of online sales be it for B2B or B2C has completely changed the way business is done. What earlier took place in one single location, mostly a shop or an establishment, now takes place simultaneously over multiple channels right from mobile phones and PCs, shops, malls, and even factory outlets. Central to everything […]
Supply chain is an activity which isn’t exactly new. It’s been around from the time that humans accepted community living which meant we remain inter-dependent. With one’s activity, needs and products dove-tailing into raw-material/ finished goods for others, there formed a supply chain. With need, it’s size increased. Today, much of what we need has […]
Human Resource is the most dynamic and thus the most difficult of assets to manage. It changes at the speed of light and can make or break the best of organizations despite the latter’s best of systems and machines. What may still keep things on the right track in the case of most organizations is […]
Online retail management software isn’t a luxury but a necessity these days. There was a time when smaller retailers thought a cloud-based retail management software was ONLY for those with deep, deep pockets and big, big budgets and bigger sales. But with everyone in the melee trying to gain clients, one does not have an […]
