An ERP System functions like the heart of the organization where it has been deployed. Multiple processes are carried out by several concurrent users using the information and functionalities provided by an ERP Software. Over a period of time, users get so accustomed to the ERP System that merely a suggestionof changing the existing ERP System literally pulls the rug from beneath their feet. Some users are so comfortable
With GST deadline just a few weeks away, significant structural changes are being scripted for India’s tax structure. Underestimating the gravity of such changes and taking GST just as another tax or a tax rate change can backfire in your business in a big way. The implementation of GST will require some serious homework, considering the paradigm shift in the way returns and tax computation will be affected. There are
It has always been a million dollar question for enterprises, whether to go for customizing an ERP software or make changes to their business processes to align with the standards of the software. It is a tough call to make as their core processes are instrumental in giving them a competitive edge. So, they may end up giving away that edge by modifying their processes, instead of customizing the
Traditionally ERP and CRM Systems have continued to deliver exclusive streams of information effectively. Clubbing these exclusive data streams by integrating ERP with CRM Systems is now catching the attention of industry experts. Such an integration would enable enterprises to conduct enhanced analysis resulting in improved Sales Forecasting, Better Inventory Management and building more durable and satisfied customer relationships.
Such an integrated system will also make the multi-dimensional analysis
IoT (Internet of Things) propagates the idea of things (Devices) communicating with other things (Devices) through a channel of sensors, with a minimal role of any human element. The influx of such data into an ERP Software will be a game changer, resonating perfectly with the requisites of the inter-connected world. To strike coherence with IoT, future ERP Systems ought to be more open so that they can process
The Goods and Services Tax (GST) has been the talk of the town since it was first introduced in 2011. This has been a much awaited move for the entire business fraternity and is being seen as the biggest economic reform since liberalization in 1991. Every business, big or small, transporter or manufacturer is eagerly waiting to experience the benefits the new tax regime proposes to bring to their
Discrete and Process Manufacturing are two different kinds of businesses within Manufacturing. Discrete Manufacturing is all about production of distinct items like computers, furniture, appliances, etc. These are very different from the products of Process Manufacturing which are homogeneous like glue, cosmetics, pharmaceuticals, oil, gas, etc. Products of Discrete Manufacturing can be taken apart as they are assembled by nuts, bolts, etc. This makes the operations of Discrete Manufacturers
Is your ERP investment not delivering the expected results? Are employees complaining of ERP inefficiencies and lost information? Is the system unable to change with your growing business needs or is it inflexible and hindering the company processes? If the answer to any of these questions is affirmative, it is time to look for a change.
There is just no point in creating and continuing with such a situation,
Most of us embrace and appreciate the idea of taking unplanned detours, savouring those special spontaneous moments with loved ones, listening to our favourite playlist, hearing the music of birds chirping, but how many times do we actually do it? We are all so caught up in our work and families that we hardly ever stop by and smell the roses.Read More
Once, when I was passing by India Gate, approaching the National Gallery of Modern Art, I saw some military barracks on the way, with a phrase written, “Nischey Kar Apni Jeet Karo”. If you are determined you can ensure your success, is the simple meaning of these lines, taken from the hymn “Deh Shiva Bar Mohe” written by Guru Gobind Singh in the 17th century. Read More
I am fortunate that my job gives me opportunities to meet many CEOs and Owner-Managers. Most times, these top managers are masters at what they do and run their companies very successfully. However, the moment I start talking to them about software, and how it can help transform their organizations, I can see their defences going up, and many of them smiling, tell me that they don’t understand software and that software is not their business.Read More
“Well Guys…..How much will this cost us?”. This is the first question that a Managing Director (MD) will typically ask the team when they bring up a proposal of buying an ERP System for the organization. Unfortunately ERPs have been seen to be a “Cost” which will simplify life or make critical information available to everyone at the click of a button so that people are more organized, more customer centric, etc. etc. etc….Read More
Over the years, we have grown through developing and fostering partnerships with like-minded companies across many countries.Partnerships are prized possessions. And why not, they have been integral to so many success stories across the globe. This is big enough a reason to focus on recognizing, managing and investing in such relationships.Partnerships strengthen your collaboration across boundaries and assist integrate new businesses effectively. Partnerships aid in growing a profitable business venture, with a transformed business model. Read More
Rig operations are one of the most difficult on-field jobs. Highly remote locations, 24x7x365 operations under extreme weather conditions, huge costly equipments, rapid movement of stores items, in-time inventory management, risky nature of operations, timely preventive and breakdown maintenance; all these challenges make it a challenging arena in the global industry. Taking care of manpower’s movement, their timely care and training is a major critical task by itself.Read More
Bill Gates famously talked of ‘Business at the speed of thought’. This may not be true for all, but business on the move has become a reality. Nearly all smartphone or phablet owners are aware of mobile apps like Flipkart, Cleartrip, IRCTC, Freecharge, etc. and many of them have downloaded and purchased goods and services. This is new age industry reality and trade is moving to e-commerce in a big way.Read More
I have been in ERP field since 1995-96. It amazes me how – more we change, more we remain same! Technologies have changed, information dissemination has grown beyond imagination. Knowledge about technology is available at any level from newbee to techies. But, basic human thoughts remain rooted in doubts and expectations. More information we have, more confused we become, because we wish to have it all.Read More
I was told of a strange story by a friend a day back. Let me share it with my readers. Purpose of sharing this is to caution clients and vendors both to put in a little more effort in purchase/sale of a software that can have huge impact on the operations of a client. A client had been using an ERP for nearly 5-6 years. The ERP had been customized to take care of all the critical issues very well and running smoothly. Then, one day, the top management team realized that it had grown very big during the intervening years and also had commenced playing at global level. It couldn’t be seen using an Indian ERP.Read More
We have heard of addiction to technology. We have seen images of people sitting in groups, apparently on an outing and each guy/girl is looking intently into his/her cell. This is true at social level, but what about our working environment? Our obsession with speed and efficiency has encouraged technologists to offer everything in our hand through our handsets. Though it feels very convenient, have we ever thought that in this eagerness to be always at work, we have lost our peace of mind? Whether we are at work or in office or on vacation, we keep fumbling with our mobile – if you ask me honestly – generally for no reason at all.Read More
Cloud is the latest mantra, and rightly so. It is a force multiplier, green alternative and an answer to rising costs of Information Technology implementation across the globe. Huge corporations and mid-size organizations have drawn benefits from Cloud based technologies to reduce their costs and carbon footprint decisively by utilizing IaaS (Infrastructure as a Service) and PaaS (Platform as a Service) and Many software vendors have been able to gain new markets and large client base offering their services on SaaS (Software as a Service) platform.Read More
The selection and successful implementation of a good ERP Solution brings many benefits for the user organization. Although it is difficult to enumerate all the benefits that accrue from an ERP implementation, we have tried to put together a list of Top-10 Benefits that we feel are relevant for an organization of any shape, size or location.
1. ERP Encourages Rapid Decision Making: An effective ERP Software ensures availability