In India, there has always been fierce competition in the FMCG sector. CPG (consumer packaged goods) firms are facing intense competition from merchants that have launched their own publicly owned offers in recent years. Global online shops are also a threat to both retailers and CPG companies. Companies are creating new offers in response to new
Technology can be a powerful facilitator for the unstructured retail industry, generating significant value in the process. This industry has so much potential that a new name, ‘KIRANATECH’, has been established to describe it. It is any technical strategy that enhances the efficiency of the functioning of the kirana outlets or any day-to-day processes
The restaurant industry has always been a fast-paced, high-energy business. Staying on top of the latest trends and in touch with your customers can be a challenge. The pandemic has pushed the restaurant industry to digitize its operations to meet the social distancing norms and ensure the safety of customers and employees. The past 2 years during the
Food & Beverage companies reacted to the Covid-19 pandemic with changes to inventory management practices. Food manufacturers are faced with unique challenges in inventory management. Food and beverages have expiration dates, require strict environmental conditions, and must be handled carefully to avoid contamination. The risk of spoilage or theft is
Retailers are addressing a host of digital, technological, and other issues by focusing on bottom-line growth, customer focus, and other benefits. By adopting a cloud retail software tailored to the needs of their customers, these retailers hope to address many of their industry's key issues. Logic ERP is one such service that provides seamless integration
For the benefit of both businesses and consumers in the Indian retail sector, technological advances are required to modernize distribution and supply-chain processes. This can be achieved through Kiranatech—a process that converts Kirana stores into highly efficient businesses with the use of Kirana shop software. The retail sector in India is unique
The Impact of Covid-19 on Digital Transformation The fallout from the crisis continues to impact global omnichannel performance in a variety of ways and will continue to do so for the foreseeable future. Some of these impacts are more recognizable than others. For example, consumers were forced to become more comfortable buying products digitally
ERP software can be a great way to reduce lead times, improve quality, give better customer service, reduce costs, and in turn improve profit margins. By far the most obvious benefit of ERP implementation is operational efficiency, with 97% of businesses reporting improvements in their operations. This is why, for firms trying to improve their operations,
Today, we live in an increasingly automated world. New technologies are penetrating every industry and workplace. As a result, companies must integrate these technologies into their business processes. This is known as digital adoption or technology adoption. While this may seem simple, it often requires significant change management and training for
Cloud ERP systems have made great inroads into the business world. Choosing the right ERP software platform is vital to your business' success. Although it can take some time to come up with a solution that is right for your company, the process can be simplified with a little research and planning. Logic ERP is one such service that is a great way for
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