8 Best ERP Software for Manufacturing Industry
ERP software is a broad category of business software that integrates support for all business processes in one integrated system. Systems generally include modules to support CRM, inventory and purchasing, supply chain management, project management, financials, and more. The ERP software for manufacturing industry aims to revolutionise the manufacturing process. You must choose the right […]
Ecommerce Automation: Latest trends, Benefits, and More
E-commerce is the use of the internet for business transactions, where money is exchanged for goods and services. E-business apps become e-commerce when there is a transaction of value. Any transaction done online through digital platforms is called a digitally enabled transaction. With current issues like labor shortages, inflation, more eCommerce activity, and the need […]
Inventory Adjustment: Definition, Benefits and Tips
If your business offers products to customers, it’s crucial to effectively manage the accounting of items in your warehouse. Doing so not only gives you better control over your inventory but also helps streamline your operations. Inventory discrepancies can arise for various reasons, making it essential for inventory managers to regularly adjust and update records […]
Principles of Ethical Supply Chain Management
Ethical companies enjoy greater profitability, foster strong brand and shareholder value, attract top innovative talent, and build loyal customer and supplier relationships—all while facing fewer costly lawsuits. As supply management’s role has evolved into a strategic influence, every decision along the supply chain carries a meaningful impact. This gives supply management professionals a unique opportunity […]
What is a Retail Partnership? Benefits, Types and Examples
Whether or not you’ve been in marketing, you probably already know how important it is to keep a good relationship with your retailers. Whether it’s online or in person, they’re essential in helping your customers make that final purchase. But here’s the thing—these partnerships don’t have to be just about keeping things smooth. When done […]
Supply Chain Planning: Definition, 7 Strategies, and Process
Ever wonder what it takes to manufacture, monitor, and ship a product to a customer’s doorstep? Supply chain planning is helping your business meet customer demand in the most efficient way possible. It includes manufacturing raw materials, monitoring production, and balancing the supply-demand curve of multiple products. Modern supply chains need to be agile, robust, […]
Shipping vs Delivery: What’s the Difference
Do you use the terms “shipping” and “delivery” interchangeably? If so, you are not alone. Many people think both are the same, but, in reality, shipping and delivery are two different logistics terms. In this blog, we’ll understand the key differences between shipping vs. delivery, the roles they play in the logistics industry, and how […]
How to Develop a Solid Retail Distribution Strategy: Best Practices+Benefits
Imagine running an e-commerce business without a distribution strategy. Whether you are a retailer or a wholesaler, distribution is one critical aspect that requires careful planning. How much sales you make depends on how effective your distribution is in the long term. But how should you create a solid strategy? In this blog, we will […]
The Future of Asset Tracking in 2024: Latest Trends and Insights
In 2024, digital transformation will be the backbone of asset tracking. Managers, retail owners, and supply chain operators are using AI, ML, and Blockchain to streamline workflows. Those who are slow and resistant to adopting these technologies are falling behind the competitive curve. Digital growth has clear benefits – accurate tracking, unified data, and seamless […]
Revolutionizing Food Traceability in Logistics & Transport with IoT
Food is the fuel that keeps us alive. With global trends, more markets are showing an increased demand for certain foods, leading to an expansion in food distribution. With the rise of this market revenue, it is expected to generate $22.27 billion by 2025. However, ensuring efficient transport, preservation, and quality while importing and exporting […]
Mastering Enterprise Performance Management: A Guide for 2024
The process of continuously determining, measuring and developing the performance of your employees is “performance management”. You can do so by setting goals, monitoring their progress, and giving them regular feedback on their tasks. It ensures that employees are on the same page as the company goals and have the necessary skills to achieve them. […]
Top 3 Circular Supply Chain Strategies
Many companies tend to view supply chain circularity as merely a “feel-good” initiative, allowing them to tout their sustainability efforts without any genuine impact. However, as more organizations begin to embrace circular strategies, the real advantages of a circular economy are coming to light. Modern supply chain professionals are increasingly seeking innovative methods to optimize […]
