What is Financial Management? – A Complete Guide for 2025
Even if the business environment is evolving rapidly, financial management remains the cornerstone of sustainable growth and success for organizations. As we are at the verge of stepping into 2025, this vital business aspect has taken on new dimensions, incorporating cutting-edge technologies and innovative approaches. At its core, financial management is about planning, controlling, and […]
Forecasting the Future: Unveiling the Top 8 ERP Trends Shaping 2025
Progress is destined to happen when you stop by, analyse what’s new taking shape in the market, and prepare yourself for the future. The same theory works for the manufacturing sector as well. We live in a dynamic environment where customer expectations and requirements evolve continuously. And for manufacturers to ensure customer satisfaction, they are […]
How Do Food and Beverage ERP Systems Improve Traceability and Recall Management?
The number of FDA-initiated food recalls increased by 700.6% from 2021 to 2022. This led to a 10-year high of 416 million units recalled in 2022 (Source- https://www.crcgroup.com/Tools-Intel/post/product-recall-claim-trends) A national chicken supplier recalled 148,000 pounds of fully cooked chicken breast patties due to potential contamination (source- https://www.crcgroup.com/Tools-Intel/post/product-recall-claim-trends) There were 313 food and beverage recall in […]
How Advanced Planning and ERP Scheduling (APS) Transforms your Manufacturing Environment?
Imagine a popular bakery in your neighbourhood that’s known for its fresh pastries every morning. To meet the daily rush, they need to perfectly time when to mix the dough, when to bake, and when to have the goods ready for customers. Without a well-planned schedule, they could run out of ingredients, overbake batches, or […]
ERP and Lean Manufacturing: A Perfect Match
Manufacturers across the world are striving hard to minimize costs, elevate profits, and increase customer base by providing more value to the customers. They try and achieve this by eliminating waste, optimizing the flow, producing what customers want and when they want it, continuous improvement, and respect for people. All this ultimately lay the foundation […]