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Industry

Why ERP is much needed for the Oil Marketing Companies(OMCs)?

OMCs have always been in the midst of changing regulations andglobally oscillating oil prices. They have to be both flexible and proactive if they want to keep up with the globally fluctuating oil prices. Another potential challenge is a geographically scattered market, which makes the implementation of their marketing schemes difficult. There is no one-size-fits-all marketing scheme and it differs from region to region, client to client and product to product. …Read More

Why Industry 4.0 can’t do without ERP?

With a relentless push towards automation in manufacturing processes, it is safe to say that Industry 4.0 or the Fourth Industrial Revolution has arrived. Industry 4.0 has roped in The Internet of Things (IoT) to drive towards the idea of a smart factory. It is a day and age where an ongoing production process involves churning out products with complex BOMs/processes coupled with the dynamic material, supply, and schedule changes. …Read More