Microsoft Dynamics NAV has popularized in small and mid-sized organizations and it is well as it is easy and much more convenient to install and learn. It is an integrated system for most of the retailers as it controls the financial, supply chain, sales, manufacturing and business intelligence. Microsoft Dynamics NAV integration allows your business organizations
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If your organization is using a Balance Scorecard and have a running ERP system, then you can adopt the following 11-step model to achieve process excellence. This approach will help you to assess the process maturity, prioritize, select a suitable approach for process excellence, launch the initiative, and manage change. You can develop an excel model after understanding the following
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Supply chains are becoming increasingly complex with never ending customer expectations of delivery, quality, and costs. Developing competitive supply chains and managing them through robust business processes, systems, and people is a daunting task for organizations. Following are few key challenges of supply chain organizations: Complexity in managing supply chain due to diversified customer base with
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we have explained the design and deployment concept in the previous article. Now we shall start explaining about project phases for control tower implementation with some detail and introduce a few templates which may help you to do better implementation. The following are four phases of control tower implementation and let us discuss them one
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Design & Deployment Concept Contents: Supply chain control tower overview Components of control tower Approach for implementation Challenges and risks in implementation Supply chain control tower overview: Let us start with a concept of control tower, “supply chain control tower is a central hub with the required technology, organization and processes to capture and use supply
Managing warehouse operations is the most important challenge for all supply chain managers and warehouse managers. Establishing the right KPIs can help managers to monitor performance continuously and optimize operations. The following are the selected list of KPIs can be used based on industry and size of operations. It is to see WMS software has this performance management
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Today’s modern supply chain demand 100% accuracy and fast processing of orders to meet up with market compliance and service demands. In this modern era, paper-based record keeping and disconnect processes for a modern warehouse will not help organizations to meet their turnover demands. Real-time management visibility and optimized materials handling are necessary for any
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Covid-19 outbreak is affecting supply chains and disrupting manufacturing operations around the world is increasing daily. The impact of Covid-19 on global supply chains has started by forcing thousands of companies to throttle down or temporarily shut assembly and manufacturing plants all over the world. It’s a public health emergency and has caused product flows
Enterprise Resource Planning and Warehouse Management System are the backbone systems to any distribution center, wholesale, supply chain or FMCG business. Without them, these businesses wouldn’t be able to function. What is ERP software? Enterprise Resource Planning (ERP) is a business management software that integrates key areas and automates business processes across all departments of an organization
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In business planning, financial plan or budget is the main phase. When the business is operational, planning is the vital task to strongly manage its financial performance. A budget is an estimation of income and expenditure for a particular period. Effective budgeting process can help financial managers to perform their business functions effectively. Many managers
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