While ERP has sure benefits, the investment and risk part comes in with the fact that these benefits may take time to manifest and that the system relies heavily on the strength of implementation. And sometimes, depending on the viability of your business, it may be too big a risk to take. To ... Views: 517
An ERP (Enterprise Resource Planning) system is basically an information management system that’s integrated to manage the flow of information along different functional departments in a company. An ERP system fundamentally standardizes processes, and it stores and organizes data to allow users ... Views: 530
Growing businesses in whatever industry requires a special kind of attention from those who run it. Studies show that fast-growing companies struggle and sometimes even fail not because of a shrinking demand for their products but because of their inability to manage the growing number of tasks ... Views: 558
Small business management, however small the business is, can be as tedious as managing a multinational manufacturing corporation if you don’t have a system that effectively guides how the business is organized. Thus, multinational manufacturing corporations are actually oftentimes more ... Views: 542
A business’ viability depends on the people who run, support or subscribe to it. And the people who run, support and subscribe to the business are called contacts. These are basically the ones who hold the business up to maintain its existence and growth. At the same time, these people also ... Views: 496