Cycle Count vs. Physical Count: Key Differences & How to Choose
Accurate inventory information is crucial to business success as it impacts everything from customer fulfillment to financing and business forecasting. However, maintaining accurate inventory information can be challenging. Traditionally, many companies have relied on time-consuming periodic physical inventory counts, which can interfere with everyday business operations. Nowadays, many are moving to a more flexible and agile approach: cycle counting. Check out this article to explore the key differences between the traditional approach (physical counting) and the more flexible and agile approach (cycling counting) and implement the best approach that best fit for your business. It will also share how you can optimizing your counts with the inventory Management software. What is Physical Count? A physical count is an actual count of the goods in stock. This is a...
The True Cloud vs. Fake Cloud Debate, and Why It Matters
2019 promises many helpful solutions to your business challenges. Chief among these is “The Cloud.” With it, you’ll be able to transition many of your key business functions off-site. Within “The Cloud,” industry leaders divide the suite of options into “True” and “Fake” Cloud Solutions. It’s worth noting at the outset that several on-premise vendors appear to have “cloud-washed” their applications; not all software marketed as “cloud” solutions are true cloud solutions. So how can you know if the solution you are considering is a “true” cloud solution? And why is choosing a “true” solution so important? What exactly are True Cloud Solutions? True Cloud Solutions are solutions which have been coded exclusively for cloud use. They are run across many servers and benefit from multi-tenancy. And they...
All-in-one ERP Software Evaluation Kit
In this document we hope to provide you more perspectives on the components and scorecard to use in order to evaluate a true cloud solution, and also analyse for yourself how various platform offerings help you to meet your organisation objectives today and adapt to the industry disruptions of tomorrow. Please download the whitepaper here.
Business Digital Transformation Trends in 2019
Digital Transformation — it's a top business priority. But why all the attention? A Forrester research reveals that organisations believe that by 2020, nearly half their revenue will be impacted by digital in some way. Yet, it's important to know that Digital Transformation is not only a technological transition, but an organisational shift at the intersection of technology, business and people, such reflection must take countless possibilities into account. 2018 has been a year of turbulence, with important incidents like US & China Trade War, Facebook Cambridge Analytica scandal followed by GDPR coming into effect. Organisations need to evolve strategically to address the changing business landscapes. Inspired by an article written by Daniel Newman in Forbes previously, Introv, a digital transformation enabler for businesses, has listed out the following business digital transformation trends to watch in 2019. #1 Companies turning...