ERP (Enterprise Resource Planning) is a type of software that is used by businesses to manage their core business processes such as accounting, inventory management, human resources, and customer relationship management. There are different types of ERP system explained as follows. Types of ERP System: On-Premise ERP System An on-premise ERP system is a type …
Types of ERP System & How to choose one for your business ? Read More »
ERP migration refers to the process of moving data, applications, and other business processes from one Enterprise Resource Planning (ERP) system to another. This process involves the transfer of data and configuration settings from an old ERP system to a new one and the setup of new processes and systems. The objective of an ERP …
What is failure mode and effect analysis ? Failure Mode and Effect Analysis (FMEA) is a feature in Enterprise Resource Planning (ERP) systems that helps organizations identify potential risks and prioritize them based on their severity and likelihood of occurrence. FMEA is used to identify and analyze potential failure modes in a process, product, or …
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What is traceability in manufacturing ? Traceability is an important factor in manufacturing that ensures better productivity of quality goods. Traceability as the name implies, is a system that tracks each and every item, parts and raw materials right from the entry till packing of items. This process greatly helps a manufacturer to keep an …
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What is production scheduling ? Production planning is a phase that determines the most important function of production like what and how much of materials need to be produced. The scheduling part decides who performs the operations and when. It allocates all the resources with respect to employees, materials and capacity in order to complete …
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What is Quality Control (QC) ? Quality control is the process of checking the quality standards assigned for the product and contributes in improving the product quality further in the sequence. This quality control activity is done through manual inspections where the product is physically examined for defects or inconsistencies. Apart from inspections the QC …
Quality Control (QC) vs Quality Assurance (QA) in Manufacturing Industry Read More »
Business Intelligence and ERP are often confused to do the same job. Should companies prefer either ERP or Business Intelligence or both together ? This question can be common nowadays as people start to explore more technologies for their business growth. So lets see the connection between these two software and the right way to …
What is digital transformation ? Digital transformation is nothing but utilizing the digital platforms and tools in the organization thus helping in greater optimization, process improvisation and customer satisfactions. By digitalization, you can open up to a wide range of possibilities to face the future challenges. With this new era of digital platforms, there is …
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ERP plays a vital role in any business operations. Without an ERP system the organizations suffer with more complications. Recent survey shows a major migration of companies into ERP systems. Whether they are using a legacy system or an older version of ERP system, in both the cases it is obvious to come across a …
So do you really need to invest in an ERP system ? This is a very common question among every business person. Many start up manufacturers use spreadsheets to track the business operations from sales,inventory till payroll. This can be simple to handle at the initial stage but as the business grows one might be …
Signs that says you need an ERP for your business Read More »
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