Everyone wants to run a successful business, making sure it’s in the right position to scale. It’s a nice thought to have. But to make the business come out of the small potatoes, there are few things that companies have to confront: market trends, inventory management, changes in the retail industry, etc. These changes are not new, but they take
It isn’t an easy task to run a multi-store retail business. But if you have the right tools, people, and process, you will find that managing the tasks of several stores are very easy. In this article, we’ll talk about the few steps that you can take for ensuring your stores run without any problem under your watch. Following are some of the tips to
The world has seen a lot of changes in the past few years such as a change in consumer’s behavior when buying apparels. This switch in mentality is because of ‘see now, wear now, and buy now’ parameters introduced in the fashion world. Also, the influence of social media influencers is something to give credit to. They have more power compared to
Enterprise Resource Planning (ERP) has been one of the major drivers of organizational success, improving business efficiency. Deployment of ERP solutions is defining the technology structure within organizations and they are looking towards solutions that utilize their resources in the most optimal way. However, while ERP solutions offer improved
Every manufacturing industry is dependent upon ERP system. It all started with Manufacturing Requirements Planning and now, it has grown into Enterprise Resource Planning. Manufacturing industry comprises several businesses: Pharma industry that manufactures a large number of livestock medicines, surgical equipment, etc. Bakery business that
There are huge benefits of GST on retail sector to alleviate the problems of India’s indirect system which poses a serious threat to the formation of a single common market.. Indian retail sector is one of the fastest growing sector being 5th largest retail destination in the world. The retail industry is growing in every corner of the country. On July
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