Expand Express 2021 | Vol XVI

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This article was published on: 4/06/21 4:40 PM

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Founder’s Note:

Dear Patron,

 

This edition of Expand Express, is curated for goal-driven companies who desire only the best for their organisation. It is said, ‘when the going gets tough, the tough gets going!’ It is one of the most relevant one liner that proves its worth in times like this. We are all facing one of the toughest phases of our life-personally, professionally,financially and most importantly financially. Being the bread earner of the family, we understand your added pressure to sustain the family along with maintaining the standard of your organisation. At this juncture the wise reap the benefits of their action.

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My team and I are here to show you how and why digitalisation and change management is the most crucial for your company to survive in the current scenario. Being mindful about changing your entire system to an Enterprise Resource Planning software is essential for a steady growth and preparation for the future. The future is in the cloud and remote working is here to stay for quite some time. It is therefore advisable to all our entrepreneurs to be aware and take each step accordingly.Allow my biztech team to be the invisible backend boys of your business and customise a software that fits in best with your organisation.
I sincerely look forward to partnering with you in your future endeavours and continue with our services even better than before.

 

Stay well!

Vineet Bansal
CEO- eDominer Technologies Ltd.

“One reason why people resist change is because they focus on what they have to give up rather than what they have to gain.” – Rick Godwin

 

Change management is one of the most critical success factors for digitalisation. Yes, it can be very difficult to convince your executive team or key stakeholders on the concept of change.
Much of the work we do is in the realm of organisational change management and one of the biggest challenges we face with our clients is an understanding or a lack of understanding of why change management is crucial. It is imperative to comprehend what it means and how to incorporate change management into an overall transformation.
This is particularly true with executives and people that don’t have a lot of experience with organizational change management, or with complex digital transformations. In this article we would like to provide you with some steps that you can take to your team to help them understand the importance of change management.

 

Defining Change Management
The first step towards helping your team is to etymologically understand what change management is, and what is the value of it. To understand what change management is, it often helps to start with what is easily understood. It’s about tangible business results. This is probably the most important place to start as it relates to your executive team and some of your internal stakeholders.
In simple terms, OCM is anything that causes the business and the operations of your company to move forward to that future state, whatever it may entail. There certainly is a component of communications and training that goes along with that; however, there is a lot more to change management beyond just training people on how to use the new system.
There are several work streams and processes within change management that are critical things like organizational design, and just redefining what people’s roles and responsibilities are going to be. The change impacts and understanding how individuals and workgroups within your organization are going to be impacted by the transformation so that we can target our communications, training, and change efforts to fit exactly their needs via where they are today and where they’re headed to.

 

It prevents downfall or Failure
In some extreme cases acting as an expert witness in lawsuits involving ERP implementations, we find that the number one common theme with those implementations is a lack of organizational change management. Often, it helps to share that story with your stakeholders and with your team to help them understand that change management is absolutely a driver of success versus failure.

 

When we actually define success versus failure, it comes down to two layers:
Implementing On-Time and On-Budget
Companies that don’t invest appropriately in organizational change management will typically find that they’re going to spend more time and money, ironically, on their implementation than they would if they had invested appropriately in organizational change. Investing efforts associated with organizational change is absolutely critical to ensure that you’re successful in your initial implementation.

 

Operational Disruption
The second dimension of failure, which is even more costly and more disruptive than the first around implementation time and cost is the whole concept of operational disruption. If you think about what happens if you go live and you haven’t managed to change appropriately – in the majority of cases your business will experience massive operational disruption.OCM strategies mitigate risks to ensure that your people, the operations, and your organization are all ready to move forward into this future state so that by the time you get to go-live, it’s more of a non-event rather than a big, massive, chaotic event.
Therefore, organizational change is a key factor in preventing that ERP failure and definitely should never be ignored.

 

Optimizes Business Value
If we shift attention away from preventing failure and focus more on how we optimize this investment – a lot of value that organizations leave on the table is caused by not investing in organizational change management. There’s a reason that most organizations don’t manifest the full business benefits they expected out of their technology.
One of the biggest reasons for this miss is because they didn’t invest in organizational change. In other words, technology can do what needs to be done to create business value and to reduce cost, and increase efficiency.
It is important to make sure that you have a change management plan that directly ties to business value. Increased ROI can be one of the most powerful ways to sell change management to your stakeholders, especially at the executive level.

 

Reduces Chaos and Inability to Scale
One of the intangible benefits of change management that many don’t think about is the fact that it will ultimately reduce chaos within your organization after go-live. It enables you to scale, which for most organizations, is one of the key reasons why they’re implementing new technology or going through the transformation in the first place. In order to ensure that you’re avoiding employee chaos, it is important to look at the moral issues that come along with that.
At the end of the day, you’re essentially creating an environment that can scale, take on more business, and grow faster than you would otherwise. It’s crucial you have the OCM strategy in order to tie together all the different components of your digital transformation to craft a solid foundation for growth.
Expand smERP is India’s best fit ERP software for manufacturers in retail and export sector.It is the best solution for your organisation to implement a customised digitalisation process that fits aptly according to your unique needs.

In the year 2020, the world saw the initial economic consequences of the pandemic. Owing to uncertainties and panic,people started hoarding on toilet paper, dry goods, and alcohol while gaming consoles, home electronics, and personal fitness equipment flew off the shelves. As and when supply and demand became so unpredictable, companies faced huge backlogs of orders and some even had to pause production. Global supply chains became headlines for all the newspapers and news channels, and for all the wrong reasons.
The world has undergone a terrific turnover.The current state of global supply chains is different than we’ve seen historically, and the experience over the last year or so may leave a permanent mark on how supply chains need to be run in the future. Throughout 2020 and into 2021, we’ve seen several instances where consumers scaled up demand and companies were unable to supply. We saw runs on PPE,masks, toilet paper, baking yeast, ketchup packets, even automobiles. Last month our nation witnessed the biggest crisis of oxygen supply and medical aid when the second strain of the pandemic hit the people of the country and the curve increased in leaps and bounds. All this is the result of a system failure and lack of preplanning. These types of shocks to the market are indicative of just how complex supply chains have become. For example, the shortage of new cars was not caused by an inventory miscalculation, but rather a supply issue of electronic chips that are only made by two companies, both of which are located in Asia.
Taking a step back, when the economic forces begin to normalize, both organizations and consumers are starting to ask tough questions about the state of global supply chains. Could these shortages have been avoided? Is this a technology-based problem? What can be done to fix an already backed up system, and can we mitigate the unexpected strains on supply chains in the future? Here are a few strategies organizations can explore to help avoid such supply chain blockages

 

Increase in in-house Production

After more than a year and a half of economic turmoil, many manufacturers are facing intense political and market pressure to pull back production overseas and transfer operations back home to reduce the risk of disruption from international trade. However, domestic labor and resources are inherently more expensive and will inevitably drive up prices, which consumers will not like. In the end, this solution may work best as a partial solution, as complete deglobalization allows other companies to quickly swoop in and take your place.

 

Supply Chain Mapping
One way to avoid supply chain gridlock is to identify vulnerabilities via a process called mapping.This process is time-consuming and expensive, but could ultimately save you money by avoiding a costly shutdown. The mapping process involves combing through an organization’s entire supply chain to identify the level of risk associated with each vendor and what the economic impact would be if a certain source was lost.
Once you have this information, you can use it to diversify your vendors or to stockpile needed resources for a rainy day. This exercise will also help you identify areas that could be automated, highlighting possible best-fit software that could ease the operations within your supply chain.

 

Diversifying Vendors
Many organizations are adopting new strategies to mitigate their supply chain risk. Diversifying suppliers is one way to do that. Instead of placing all their bets on one horse, companies are now spreading out their risk. This way, if one vendor is lost, they will still be able to acquire their raw materials from a different supplier.

 

Revisiting Innovations

As it requires a large investment of time and capital, many organizations choose to retain dysfunctional systems rather than bring in new technologies. However, as new tools come to market, powerful innovations will soon offer companies the flexibility to switch between vendors and mitigate supply chain bottlenecks more easily.
Automation is one realm that promises relief to those recovering from supply chain blockage. From generating real time data and insights to automating manufacturing processes where robots can take the place of social-distanced humans, the right software can drive operational efficiencies that will help keep your supply chain on track.
A best fit Supply Chain Management (SCM) system may also help organizations bounce back from supply chain blockage. An SCM centralizes data and processes so that organizations can get a better view of the flow of goods and services. Much like an ERP, an SCM creates a hub to track and manage data, control automated processes, and visualize important business transactions, often in real-time.
While advances like these offer many benefits to organizations, it is important to note that a technology-first approach is not always in an organization’s best interest. The pandemic has unveiled many vulnerabilities in supply chains around the world. However, these supply chain blockages are often the catalyst to implementing effective change to how organizations manage supply and demand at scale. By considering several strategies such as diversification of suppliers, the geography of logistics, and new technologies, now may be the best time to take a close look at your supply chain and see what risks you’re able to mitigate.
This article has been created to inspire you to find new ways to improve the short and long-term needs of your supply chain and give you hope if you ever find yourself stuck between the dueling forces of supply and demand.

Techies from Kolkata launch app to monitor oxygen saturation, pulse rate from your phone

The need to check one’s vital signs like Oxygen saturation levels and respiration rates has gained utmost importance since the advent of the Covid-19 pandemic. This has further skyrocketed the demand for devices like oximeters that enable such monitoring. A consequent lack of supply now plagues the market, and technological innovations might be the only ones to our rescue.
Case in point, a new smartphone app developed by a health-tech startup based out of Kolkata. Called CarePlix Vital’s, the new app uses your smartphone’s rear camera and flashlight to monitor Oxygen saturation (SpO2), pulse and respiration rates within seconds.

 

Ever thought of a hack-proof computer? Some researchers are working towards making it reality
Researchers believe that a computer running this chipset will be able to stop run-of-the-mill security attacks.Computer threats have been very common over the past years. The fact that there is no stopping the hijacking of these machines is the reason why tech companies are investing so much in creating effective safeguards. Some recent and egregious examples of security vulnerabilities include “Meltdown” and “Spectre”, which put millions of computers at risk because of flawed chips. A chip is the brain of the computer and it is the primary target of most attacks. What if this chip was made infallible and robust, so much so that nothing can hack it? Some researchers are now working on one such chip that can ward off attacks.

 

Patron’s Note:

My experience with Expand has been educational and interesting. The interface is smooth to work on and I had an enriching experience while working on Expand for my project. Hands-on working on the system was highly insightful and gave me a wonderful opportunity to have practical exposure to an ERP system. Thank you for such an opportunity.– Student, IISWBM

Expand Express 2021 | Vol XII

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This article was published on: 2/02/21 12:45 PM

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Founder’s Note:

Dear Patron,

 

In times of uncertainty and unprecedented turmoil, this comes to you with deep concern and solidarity. We at Expand smERP ensure that we will take care of your business operations while you can freely protect yourself and your family. The terror strikes again and we all are  struggling our own battles in some way or the other. However, as the show must go on, we learn how to adjust and manage in any adverse situation. This is the power that the Almighty bestows upon us humans and gives us the strength to become superhumans in times like this.

vtalk

Our team is working remotely and making all arrangements so that you and your business can operate seamlessly in the new normal.You have nothing to be afraid of.Your business is in safe hands and can be operated remotely with 100% real time data on a secured Microsoft Azure platform. Our biztech experts are incessantly brainstorming  to add new technologies and integrations that will add more value to your business growth. In this edition of Expand Express we have highlighted the best usage of ERP software in your business and the top tools of Expand smERP to be used while working remotely. I sincerely convey my prayers for you and your family. May you be safe and well. Always by your side.

 

Vineet Bansal

CEO, eDominer Technologies (P) lTD.

“Your life does not get better by chance. Your life gets better by change.”

 – Jim Rohn 

 

A systematic Enterprise Resource Planning (ERP) solution  had already become the backbone of large businesses a long time ago. Now even MSMEs are opting to automate their businesses.The current situation of the world has only increased the relevance of ERP systems by helping companies withstand the significant pressure to meet customer demands on time. In this new normal, employees need to  work from home because of social distancing norms. ERP systems are playing a significant role in allowing them to work flawlessly from geographically distant locations. They also manage critical functions across all departments, including sales & marketing, finance & accounting, supply chain, vendor management, and maintaining robust and long-lasting customer relationships.It is an indispensable technology or software without which it is impossible to run your business in the competitive market.

Further,the second wave of pandemic globally has proved that the virus is showing no signs of slowing down. People are falling sick and the fatality rate is soaring rapidly. This means that the remote work culture will only strengthen in the future. ERP systems provide an effective solution to this problem by allowing multiple business departments to collaborate and work as a cohesive force.It is imperative to adopt a best fit ERP solution to manage your organisation and sustain in this market scenario.

How do ERP systems enable companies to work effectively in the pandemic ?

 

The rise of the On-Cloud ERP 

On-Premise ERP solutions are legacy software systems that require significant investments in infrastructure and hardware. Their biggest disadvantage is that they are immobile, meaning employees cannot access them on their mobile devices. Suppose your salesperson has to collect essential documents from the customer. In that case, he will have to visit the customer’s place, collect the papers, come back to the office, and upload the documents in the ERP system.

Unfortunately, almost all countries went through a series of lockdowns where transport facilities were restricted, and moving from one location to another was virtually impossible. The new normal will see the rise of On-Cloud ERP systems as they allow businesses to function from geographically distant locations. Coming back to the example mentioned above, the Cloud-based ERP software will enable the salesperson to collect and upload the customer’s documents from their office premises only.

Advantages of On-Cloud ERP systems:

  1. They provide a comprehensive overview of the inventory and warehouse to all business stakeholders.
  2. They share real-time reports that help to brainstorm effective strategies.
  3. They allow small businesses to set up an ERP system without investing substantially in labor and hardware costs.Low infrastructure costs allow even small business owners to adopt ERP software.
  4. They update faster without any production interruptions and security vulnerabilities.
  5. They enhance production speed and allow  businesses to expand at a fast pace.

ERP systems dominating the healthcare industry 

The healthcare industry has been under extreme pressure since the beginning of the pandemic. Doctors, nurses, virologists, and healthcare staff have been working 24/7 to develop vaccines, provide medical treatment, and issue emergency guidelines whenever required.

ERP softwares are helping  medical institutions immensely in the following ways:

  1. They are efficiently managing  the front desk by obtaining essential information such as appointment timings, bed availability, doctor schedule, etc.
  2. They are allowing the healthcare staff to manage inventory in an orderly fashion, from placing orders for lab coats, surgical instruments, and medical cartons to sending daily reminders and alerts to vendors, suppliers, and distributors.
  3. They are helping to reduce operational expenditure by managing ADT (Admission, Discharge, Transfer) costs, reducing long waiting times in ques, decreasing operating room times, and eliminating infection and medical errors.
  4. They are also allowing physically disabled patients to have virtual interaction with doctors in real-time, thereby eliminating the need for a face-to-face meeting.
  5. They are enabling doctors to collect vital health information about the patients using remote monitoring devices and smart wearables.

Transformation of the supply chain industry with a best fit ERP system

The supply chain industry involves multiple partners working together to deliver the final product to the end-consumer. It essentially involves thractors:

  1. The vendor supplying raw materials.
  2. The company converted raw materials into finished products.
  3. The distributor delivering the finished products to the end-user.

We all know that the pandemic had forced restrictions on people and goods’ movement from one location to another, which impacted supply chains worldwide. ERP systems played a significant role in bringing business functions back to normal in the following ways:

  1. They help build supply chain towers that use Artificial Intelligence and advanced algorithms to identify potential challenges and find efficient resolutions for them.
  2. They allow supply chain companies to manage their activities across multiple channels, including retail, e-Commerce, and direct-to-door service. In short, it helps them to increase their revenues and cut operational costs.
  3. IoT-enabled ERP systems allow supply chain companies to instantly share real-time updates and information with different business stakeholders. 
  4. They allow supply chain companies to interact with customers and collect their feedback to increase the company’s reputation.

The past year and a half  has transformed the business landscape across the world. Digital revolution is destined and companies that fail to catch up will have to shut down their doors. What are you waiting for? Today is the right time for you to invest in ERP systems to improve your productivity, increase revenues, cut down operational expenses, and strengthen market competence. In case you still have not deployed a best fit ERP software, call us at Expand smERP and we will arrange a best fitment test for you.

“The great growling engine of change – technology.” – Alvin Toffler

 

Organisations pan India, are implementing facilities and programs to help their employees work remotely. With the pandemic spreading like fire,it’s likely that remote work will remain a trend for the year to come as countries try to flatten the curve of exposure. In light of a possible new status quo, here are a few must have  tools to ease working from home and to make the change easier for manufacturing companies to run their organisation smoothly.

The idea of operating your business online and transitioning your employees to remote work can seem daunting. With any upheaval of the traditional on-site work experience, there is a learning curve and transition period that can be perplexing to managers. While it is necessary to address these concerns and note the challenges faced, it is also important to acknowledge that online businesses and remote work are here to stay. 

By creating a remote work policy at your company, you will be communicating to your existing employees that their personal productivity and happiness is a priority. When you retain and hire skilled, innovative employees with your comprehensive remote work policy, you’ll be inadvertently building a more diverse and inclusive workforce with lower overheads. To be successful in your market, it is critical to have an insight of what your customers need. In this increasingly tech savvy modern workforce, those needs often include an expectation that your product or services are available online. If you are waiting for the day your customers tell you that they want you to move online, you’ve already lost them. In addition to retaining your existing customers, expanding your visibility by moving online guarantees that you will reach new potential ones. Thus, it is proven that in order to sustain this market, moving online is the only option.

A best fit ERP software which is robust, comprehensive, agile and homegrown is the one solution that solves all your requirements. Expand smERP is India’s best fit ERP software for the mid sized manufacturers in the export and retail industry. We have been empowering several growth-seeking companies over the past 15 years with trust and loyalty. Expand ERP software offers an array of features along with ready integrations to help you run your company with one single software system.

In this article we will be citing few of our best tools that you would require to work from home and operate your business completely online:

 

 WhatsApp  integrated with your ERP !

With the advancement of technology each day, the newest trend in ERP software is the WhatsApp integration with ERP. Effective communication is a crucial aspect of every business. In the work environment, it creates unity, sharing of feedback, improved customer relations, employee engagement and enhanced innovation. However, in the daily grind, communication often gets missed. Users might forget to communicate important aspects among each other or customers. They may not send invoices after selling goods, or purchase orders after placing an order or might not inform others to complete their tasks once they have completed their own. This affects the business process in several ways – payment collection gets delayed, because ledgers didn’t get sent when customers asked for them, purchase orders may have not been received on time etc. Revenues get affected, operations and transactions get stagnant resulting in mayhem in management.This scenario can be totally avoided by the implementation of WhatsApp integrated to your ERP business software.

 

It is undeniably the quickest and most widely used communication tool in the Indian business market. Now, the integration of ERP – the ultimate business automation software integrated with the quickest communication App together will create magic.

The way it works :-

Step 1: Through a downloadable connector, a whatsApp activation mechanism should be set.

Step 2:   Once activated, a QR Code scanner will open up in your ERP desktop.

Step 3: The QR Code can be scanned using WhatsApp on your phone.

Step 4: This will allow you to use WhatsApp to send messages and documents directly from   your ERP

 

5 innovative mobile Applications – 

The good news is even our best fit ERP software is available on your mobile phone now.A legacy system fails to offer you the accessibility, the reach or even the collaboration that a mobile-enabled ERP provides. It is a solution that is created uniquely for mobile accessibility in terms of data dissection.

 

An ERP software in your pocket is not just an innovation but an absolute necessity. Manufacturing businesses today require an intelligent and responsive mobile-enabled ERP solution to respond and resolve any issue to sustain competition and be easily reachable. This would further aid your entire supply chain to adapt instantly to sidestep any obstacles or adapt to potential requirements. 

 

Mobile Apps available for Expand smERP licensed users are:

  1. Remote HR on your mobile – Register attendance and many more HR activities through Expand HR App.
  2. Systematic Warehouse Management with Expand WMS- Track your Inventory with WMS integrated with Expand ERP Android App available at our Playstore. 
  3. Online Lead generation with Expand Sales – A multi-feature ERP        application for Expand users managing business on-the-go. 
  4. Remote Task Management with Expand Service – Manage your    to-do-list and miscellaneous tasks from a single multi feature App.
  5. Document management with Expand File Attachment  – Affix all important documents with Expand File Attachment integrated in Android mobile App 

 

Lead Management software or mobile application:

It is imperative to manage leads and sales of your business diligently for ultimate growth and ROI. Without customers there is no business and without business an organisation is dead, no matter how organised or good the product is. Taking control of your sales process, reaching out to leads at the right time and converting them into actual opportunities by staying focused on your best deals will ensure an edge above in the competitive market. To add to your efficiency an intuitive Sales and Lead management software like Expand smERP software helps you sell smarter. 

 

Leads Management module of Expand smERP software allows you to monitor and optimize every interaction. Not only does an automated sales management system provide easy tracking of information,  it also automates repetitive tasks so that efficiency and productivity can be significantly improved.

 

Third party marketplace integrations – 

Expand smERP is fully integrated with ecommerce systems such as Magento, Shopify, eBay, Amazon. Future-ready solutions packed with features offer customers modern, practical and convenient solutions. From real-time inventory information, personalized service, and multiple self-service options, to compatibility with different platforms and devices, the solution has all that it takes to offer a truly omnichannel experience. Highly secure payment gateways, advanced back end workflows, and a whole range of tools help customize modules for superior results.

Information flow becomes easier in your organisation with integration tools.Technology is not just the enabler of new experiences in the digital era, but a bridge of seamless integrations that enhance customer experience. Retailers earlier relied on multiple channels of engagement with customers that worked independently of each other. Typically, brands that were available online as well as in-store treated each channel as separate. Online purchases of a product could only be dealt through online interactions, while in-store purchases had nothing to do with online interactions. This multichannel engagement deprived customers of the advantage of dealing with a brand that was available in different channels.

 

Logistics –

Warehouse automation software of Expand smERP  comes with pre-integrated shipment partners. You can choose the desired logistics partner and assign the delivery of orders.There is no need for more hunting for shipment partners, negotiations and following up. With one click you can assign the order shipment and track it.

As we all know that the shipping and logistics industry is one of the largest growing industries in the world & over 90% of transportation and trade is carried via shipping and logistics. Without shipping and logistics, import & export of bulk goods & amenities across the world would not be possible.

For managing all these processes, the company needs a robust and a scalable solution which will give the company a single view of all their processes and prepare reports according to what the management wants. Customized reports, seamless processes and actionable data helping make strategic decisions on the go is what the management should look at while getting a business solution.Expand smERP has partnered with Blue dart and Shiprocket for the logistics and shipment to make it easier for your export company to deliver products hasslefree.

 

Easy Payment Gateway – 

Like all modern online marketplaces for eCommerce business, Expand ERPs shopping cart is readily integrated with payment gateways like Paytm and Cashfree for easy payments and reliable money transactions. By partnering with third party integrations, it makes it easier for you and your customers to carry out monetary transactions with ease and faster. 

Moving your business online is a concentrated effort that is well worth the time and energy. Taking the essential steps to move to remote-friendly operations will actually help your business grow and thrive, improve communication at your company, and show opportunities for growth that may have been hidden in the day-to-day. You may find that taking these steps will get you closer to your goals than ever before. So it’s time you gifted your business with this magic tool and watch it grow like never before.

 

Shopify revenue jumps 110% amid pandemic-driven online sales boom

Canada’s Shopify Inc, on Wednesday smashed first-quarter profit and revenue estimates on resilient demand for the company’s e-commerce platform from businesses despite a gradual opening of economies.The company, which provides infrastructure for retailers to set up their stores online, emerged as a pandemic winner with revenue soaring 86 per cent last year from 2019 and shares nearly doubling to make it Canada’s most valuable firm.U.S.-listed shares of the Ottawa-based company rose nearly five per cent in early trading on Wednesday, while its Canadian stock gained four per cent.

 

Apple launches new iPad Pro, slim iMacs with remote workers in mind

Apple announced a line of slim iMac computers and iPads with higher-quality video that use its own processors, as it speeds its migration away from Intel and caters to a work-from-home world.The company also launched products including AirTags to find lost items and podcast subscription services. AirTags will cost US$29 each, while the iMac will start at US$1,299. Both will be available starting 8 a.m. ET (1200 GMT) on April 30.The wide variety of announcements largely had been telegraphed before the presentation, which had no major surprises. Shares of Apple were down 1.3 per cent, slightly more than the one per cent drop in the Nasdaq index.

 

Patron’s Note:

It was a great learning experience for me. Expand smERP system has wide range of tools and techniques to implement different business processes at an ease. Thanks eDominer for coming up with such a fruitful and user friendly system. – By a student of IISWBM

Expand Express 2020 Vol-XI | Expand ERP

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This article was published on: 21/12/20 1:07 PM

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Founder’s Note:

Dear Patrons,

 

The Yuletide spirit is in the air. The festive season is around the corner, as the world awaits with open arms – a new beginning, a fresh ethos, a New Year. This year has been a roller coaster ride for most with unprecedented events hovering our lives. The feeling of positivity marks the end of uncertainty and the beginning of resurrection.

 

Team Expand has been successful in sailing through such challenges. We feel pride in declaring that we have been part of the success journey of many of our patrons who continued performing in spite of the pan India economic turmoil. This surely marks our journey to success.

Vineet Bansal

We are happy to announce the launch of our new sub-brand ‘Omnimarc’ for unique ERP solutions for the Omni commerce industry. It is the most powerful and comprehensive Cloud software built for enterprising business owners who want to sell through all the methods like the marketplace, own online shops, retail stores and distributors.

We believe in our mission to provide the best in class technology and ERP solutions to midsized businesses in the manufacturing sector and promise to continue to keep up to the expectations of our prized patrons.

 

Seasons Greetings!

Vineet Bansal

CEO eDominer Technologies (P) Ltd.

top reason why

Every industry has uniquely specific requirements. The daily operations are starkly different from each other. Therefore the ERP solutions need to be specifically created specifically to each industry.

 

It is imperative that a ‘one size fits all’ solutions, easily available at a cheap price in the market is more attractive to consumers. However, it is essential to understand how important it is to have an industry-specific best fit ERP software for your unique business to achieve desired goals.

 

Traditionally, ERP technology was created with basic functionalities and features common to a wide range of industries. During the actual implementation process, IT consultants would conduct a detailed system study to determine the customized solution based on a client’s precise requirements. This was very time consuming and complicated. Implementing a generic ERP was a massive undertaking that most companies had to plan many years in advance, especially with regards to time and budgets.

 

As technology has evolved, ERP companies now create software that specifically matches exact industries, saving both valuable time and money. ERP software that has been developed specifically for your industry can handle all of your business processes with minimal to no customization resulting in minimising cost, effort and time.

 

Expand smERP is India’s best fit smart ERP software on the cloud for mid-sized manufacturers in the Export and Retail industry. We have worked closely for industries like the Chemical Industry, Textile Industry, Food and Beverage Industry, Handicraft Industry, Iron and Steel industry, Book publishing industry, Cotton industry and Electronics Industry.

Benefits of having an industry-specific ERP implementation:

 

  • Minimal implementation time – As the primary features of your  business are already available, you can conduct the implementation process in a minimal amount of time. An industry-specific ERP will also be aware of necessary integrations and API connections to other key software. These ready-made connections will further reduce implementation time.

 

  • Reduced implementation cost – Customizing a generic solution can consume more time and result in higher implementation fees. You can dramatically reduce these costs with an industry-specific solution.

 

  • Lower maintenance costs –  Domain expertise in your particular industry can help ERP solutions providers more easily identify any issues, bottlenecks, errors and other problems, and also provide quicker resolutions.

 

Expand smERP provides the best fit smart ERP software on cloud for Industries like:

 

1) Chemical Industry – Unique features include

  • Eases  legal bindings 
  • Easily accommodates instructions for operations and technical sheets 
  • Updates audit trails 

 

2) Textile Industry                

  • Manages product stock in multiple UOM eg. meter to rolls for threads.
  • Tracks production with ready list of entire process/stages
  • Tracks alterations and rejections of materials

 

3) Handicraft Industry 

  • Maintains inventory with complete information and attributes like materials, seasons, fair details, dimensions, colours, barcodes etc
  • Easy and simple daily production entries 
  • Tracks materials and outputs from contractors to identify outstanding

 

4) Iron and Steel industry 

  • Transforms unstructured processes into routine transactions 
  • It can replace or reduce the human labour involved in processes.
  •  It can help manufacturing companies in carrying out analysis such as: Forecasting of market demand based on statistical models; Capturing of hidden market trends through multi-dimensional analysis; Identification of potential improvement areas.

 

5) Book Publishing industry

  • Manages subscriptions – subscriptions is a very important revenue generator for any publishing company. Your ERP will send reminders for renewals and manage a list of old/new subscribers with a smart record-keeping software.
  • Optimum Supply Chain Management – SCM improves with full control over inventory.
  • Reduces manual work of data entry.

 

6) Cotton Industry 

  • Improves material quality by taking care of compliances, inspection and analysis systems.
  • Efficiency in the production cycle – ERP manages your production cycle including capacity observation, planning raw material obtaining etc.
  • Inventory module improvises material planning and maintains records of previous sales, quality in hand and backorder quantity etc.

 

7) Electronics Industry 

  •  Automation – automates material billing, vendor list, orders and other core manufacturing processes to help curb errors in production and inefficiencies in data handling.
  • Manages intricate supply chain – by providing   real-time communication through a unified ERP solution and boosts visibility, operational excellence and productivity.
  • Improves traceability – automatically tracks product codes and availability against the raised orders. 

 

8) Food and Beverage industry

  • It enables business owners to acquire visibility, insight and control over their complete operations. 
  • Optimizes the production process, simplifies procurement as well as inventory management.

 

Thus we see that each and every industry has its own set of challenges and needs to counter with a Cloud ERP system that fits in best. Expand ERP is India’s best fit ERP software for mid-sized manufacturers in the export and retail sector.

why erp fails

Planning for an ERP implementation in the near future? Are you worried about rising costs? Are you unsure about what is the best fit ERP software for your company? 

 

If these are the thoughts pondering on your mind right now, this article will bring you the solutions for every query that you have.

 

An ERP software implementation surely comes with a lot of challenges, even though its benefits are manifold. In the next few years, your business value will reach new heights and touch new shores of expansion, with a successful and best fit ERP software integration. With prior knowledge of the challenges and bottlenecks, you can be better prepared to counter any such obstacles with ease. 

 

 

1)Inaccurate Requirement Analysis

ERP implementations in most cases fail because of inaccurate requirement analysis. One needs to know the difference when an ERP application is integrated with an e-commerce site and a POS software. However, in most companies requirement analysis is done by employees with limited knowledge of ERP implementation. Primary emphasis is laid upon the cost and faster execution. But unfortunately, the project fails in most cases as the requirement is not completely understood in the chaos of bargaining with the costs with the vendor. To have more clarity on ERP implementation, case to case differences, actual time and money to be invested, involving people with good knowledge on ERP is a must. Team Expand understands your business well with over 16 years of extensive market research and development in the industry. Our team understands and analyses the specific challenges and needs faced by your business and then curates the software accordingly.

 

2) Inadequate  Training

Following closely on the lines of the previous challenge discussed, lack of knowledge continues to be a hurdle for a successful ERP implementation. When your company is preparing for a major data transfer from the legacy system to a new ERP reality, it is necessary to have a basic understanding of the changes that are taking place, the new interface, and risks or losses involved in the process. You may arrange for a brief knowledge transfer session for all employees or anybody who would be part of the new system before the actual change takes place. Not an elaborate training program followed by a test, but a simple 45-minute session by the knowledgeable resources, for all to attend. Training videos of the same may also be circulated. Expand smERP offers complete training of users post-implementation within 50 hours by trained technicians and constant support even after implementation.

Expand smERP encourages constant help and support of employees of any business. Post implementation Expand Sure smile provides 24×7 customer support and user training for proper knowledge of the usage of the software.

 

3) Inefficient Project Management:

You should have the right resources in your team for customer success. We need to understand their worth and utilize their full knowledge and potential for efficient project management. Trust them, mentor them, train them and let them come up with a full-proof project management plan that will not only ensure a successful ERP implementation but also derive desired ROI  for your business. Only with meticulous project management, one can achieve that, no amount of cost-cutting or package deals help.

 

4) Customization:

ERP software is often misunderstood as a wholesale package solution for a company. But unfortunately, it is not. ERP applications are actually a framework with which a customized solution is built. This means, your requirements have to be defined well in advance and accordingly a customized ERP solution will be created. For that, you need to define the workflows and do a capability analysis, beforehand. You might have to make a few minor adjustments in the application solution to meet all your enterprise needs. These adjustments or modifications differ from suite to suite and might be required at the beginning or sometime in the middle of implementation. If you are prepared for capacity planning, delays in implementation and time loss because of system outage may be kept at bay. It is advisable to invest in a best fit ERP software that suits all the unique needs of your business. A ‘one size fits all’ ERP system is most likely to fail.

Expand smERP is a best fit ERP solution for mid-sized manufacturers in export and retail industries. It is industry-specific and fits in according to your specific business needs. ERP is known to grow along with your business.

 

5) Rising Operational Expenses:

Overhead cost is one of the biggest challenges of ERP implementation. The initial cost of implementation is high, but the customization and maintenance costs are even higher. The more customization needs are, the higher are operating costs. Maintenance costs are of course a necessary evil, which cannot be brushed aside. However, with an efficient requirement analysis and resource planning, much of this cost may be brought under control. Sit with the best-qualified professionals in the organization to find out what you really need for enhancing your business value. Seek for features that will add value to your product or service, attract more business, and position you better as an entrepreneur. That way, you will get the true value for your best fit ERP solution without spending a huge amount. Expand smERP cloud software involves zero upfront costs. Only a concurrent user price is payable as per your usage. Investing in Expand ERP cloud software is a value for money solution that derives fast ROI.

 

These are certain generic challenges while implementing an ERP software. Depending on the sector in which the company operates in, the extent of complications may vary. This will ensure the implementation process is smooth without any glitches. Team Expand assures you a hassle-free cloud ERP software integration experience with the utmost ease. Grow your business with Expand smERP cloud softwares.

global tech

1)Clickwrap Technology Brings Speed, Efficiency to Digital Transactions

 

With the holidays approaching and the pandemic surging, clickwrap transaction platforms (CTPs) are emerging as a valuable tool to help businesses navigate the increased volume of online transactions.

CTPs help companies secure transactions that are or have moved, online. These business transactions are purpose-built for high volumes of agreements. Clickwrap transactions replace electronic signatures and provide an archived digital record of online interaction.

Instead of signing, the user clicks to check a box, or clicks on a button with a label such as ‘I Agree’ or ‘Accept’. That action authorizes the included consent language.

 

2)The rise of mobile shopping apps or m-commerce apps.

 

Mobile shopping apps have in the midst of the pandemic become central to online retail operations, and they’re clearly here to stay. In fact, by 2021 mobile e-commerce, or m-commerce, sales are expected to account for 54 per cent of all retail e-commerce sales.

M-commerce specialists find out what’s behind the rapid growth of consumers shopping on mobile devices, what mobile shoppers require from shopping apps, and how retailers can provide a better experience for their customers who use mobile devices. Much like a physical store where consumers can experience a shopping environment that’s created for physical discovery, shopping apps can have the same experiential effect, with the added value of convenience to experience it anytime and anywhere.

did you know

Expand Omnimarc is the best in class multi-channel sales software for order processing, warehousing and integrated online POS.

Expand Express 2020 Vol-X | Expand ERP

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This article was published on: 20/11/20 12:36 PM

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Founder’s Note:

Vineet Bansal

Dear Patrons,

 

The beauty of Indian festivals and culture is that it brings in light and hope for a brighter tomorrow. All grudges, worries and fears are kept aside during festivities as we are all engrossed in the celebrations with our loved ones. Diwali came to illuminate our households and also our minds and wiped most of our woes and rejuvenated us to start afresh. 

But among all these merriment we still have to keep our guards on against the deadly virus.

Also, we need to protect our businesses. ERP systems are the lifeblood of most modern businesses, because of their ability to bridge multiple processes and operations.

The systems also contain confidential data about your company, its clients, and vendors. Industry experts opine that ERP systems are susceptible to cyber-attacks. Hackers are aware of the fact that these systems contain valuable data. In this edition of Expand Express, we have gathered useful information for you to counter cyber threats with our ERP solution. Further, online selling and eCommerce businesses are in high demand in present times. My team has curated an article on how the best fit ERP software aids to build your eCommerce business with ease.

I truly believe that the newsletter will give you an insight and change your perceptions towards carrying out your business successfully. My sincere good wishes to you and your family.

 

Warm regards

Vineet Bansal

CEO, eDominer Technologies

Like any situation in life comes with pros and cons, adopting to digitisation has its own share of threats to entrepreneurs.

 

Similar to any other space in life, technology has its own benefits and challenges. While it enhances a man’s life in almost all the aspects whether its health care, transport, communication, smart cities etc. There are myriad challenges which we also need to keep in mind  to not turn technology into our own enemy.

 

Amongst the most challenging threats of technology, cybercrime tops the list where danger is concerned. Cybercriminals have always abused technology and control devices for propelling cyber-crimes such as frauds and thefts. With technology protocols, still being developed and evolving at a gradual pace, it is very difficult to avoid such cyber-attacks.

 

Few challenges that  technology faces in cybersecurity are the following:

 

  • Digital Data theft Threat: The growing online transactions generate bigger incentives for cybercriminals. Besides, establishments looking to mine data—for instance, customer information, results of product surveys, and generic market information—create treasured intellectual property that is in itself an attractive target.

 

  • Supply Chain Inter-connection: The supply chains are increasingly interconnected. Companies are urging vendors and customers to join their networks. This makes a company’s security wall thin.

 

  • Hacking: This action is penetrating into someone’s system in an unauthorized fashion to steal or destroy data, which has grown hundredfold in the past few years. The availability of information online makes it easier for even non-technical people to perform hacking.

 

  • Phishing: The easiest to execute and produce the results with very little effort. It is the practice of sending out fake emails, text messages and creating websites to look like they’re from authentic companies. Phishing is a major threat that can lead to fraud.

 

Solutions provided by Expand ERP  – India’s best fit ERP software for growth-oriented MSMEs who are looking at running their business completely online.

 

These challenges can be under surveillance and methodical steps can be taken to avoid such malpractices. To solve the data theft problem, online space must regulate the use of data and clearly indicate when the information will be shared provided by the users. The user can then choose to opt-out, leaving personal information restricted to space for which it was deliberated. 

 

When any software contains bugs or viruses, it is fairly easy for cybercriminals to gain personal information. Large technology firms should collaborate and create solutions to increase security for their customers. Security controls need to move outward, beginning at the application level where such frauds can be caught easily by an ERP software. When there are no unified monitoring methods, firms become vulnerable. However, when every network has monitoring that detects changes, data can be protected.

 

With cloud ERP  hovering our lives with all our data it is imperative to protect our cloud space. With growing technology, the growth of cybercrime is evident but measures taken early and effectively can avoid cyber mishaps both big and small. Expand ERP software is perfectly equipped to counter such threats and protect your business from cybercrime.

 

Expand ERP software is well aware of all the challenges faced by entrepreneurs while digitisation and promises to support and back up for any such crime that may take place in your company. We promise innovation with integration and intelligence.

 

Expand ERP offers Expand SureShield where you can enjoy 100% data security and grow your business with complete peace of mind. Data is on cloud, stored in multiple locations ensuring maximum safety with trusted technology platforms (Microsoft Azure, SQL Server). We provide 99.9% uptime and SSL (encrypted) Data Transmission.

People don’t care about your business, they care about their problems. Be the solution that they are looking for.” – Melanie Dodaro

 

eCommerce has seen a growth equivalent of 10 years in a span of 3 months. The recent pandemic situation has escalated eCommerce business immensely.

 

Are you prepared to handle this kind of demand?

 

You’re probably not if you still have not integrated your eCommerce channels (Magento, Shopify, Amazon, etc) and your ERP system. In this post, we’ll talk about why companies shouldn’t forgo eCommerce ERP integration needed to truly optimize sales.

Here’s why you should Integrate your eCommerce and ERP

 

The need for eCommerce ERP integration is usually overlooked because of the perceptual high investment cost or the business disruption caused by having to change existing systems. This is an outdated perception as the costs become worth it when you see the impact on your operations and customer experience.

 

When we use the term eCommerce in this article, we’re talking about any channel that allows you to make online sales. This could even be your webstore run by Magento, Amazon or Shopify. ERP refers to a single robust system that helps you manage your business data or back-office operations with ease. 

 

Integrating your eCommerce sales channels with your ERP system allows you to operate more efficiently as a business. Your main types of data – order, inventory, item, customer, and shipping/tracking – are communicated in between independent systems.

Benefits of eCommerce ERP Integration

 

  1. Reduces manual entry to save time and increases throughput while reducing errors, when entering an order, inventory, item, customer and shipping data
  2. Streamlines inventory synchronization, tracks updates, and provides accurate inventory levels to customers, without hiring staff to manage these tasks
  3. Automatically notifies customers when orders have been shipped and allow them to track the delivery of products
  4. Simplifies how you manage price and product changes to inventory
  5. Be flexible enough to add multiple online (web stores and marketplaces) and offline (brick & mortar) sales channels, without losing operational efficiency.
  6. Meets tax requirements with automated tax compliances.
  7. Handles increased demand for online orders without extra resources.

 

A Customised or best-fit eCommerce ERP Integration is what you need

 

It’s always possible to build your own custom integration between your online sales channels and your backend systems. To do so, you would need to work with the application program interfaces (APIs) available for your systems.  Your data needs to flow between your systems.

 

Therefore, customer integration can be complex and expensive. Customisation is usually the best approach for organizations who have the right resources and specific requirements to justify it. Most businesses though are probably not truly unique enough to really need to build this type of integration from scratch.

 

The best way to achieve eCommerce ERP integration is to use a multichannel management platform. This type of technology is usually cloud-based and provides a platform that sits as an operational hub between your ERP and eCommerce systems. Your main types of data are then synchronized between your systems.

 

Expand ERP is India’s best fit ERP software for mid-sized manufacturers in the retail industry. We offer the best in class technology for growth-oriented manufacturers who wish to take their companies to the next level. We provide an in house selling portal where the users can sell smartly directly or indirectly via Virtual Distribution Network through distributors. With the Expand Lead Management module, turning prospective leads into customers becomes a cakewalk. This feature is available on the ERP software and as a mobile app for Android users using Expand ERP software. The mobile Apps allows lead management remotely and enhances speed and customer experience. We also have ready integrations with Amazon, Shopify and Magento for selling wisely online through multi-channel locations. Reap the benefits of a best fit ERP solution along with eCommerce software in a single unified system. 

Microsoft Cloud for Healthcare

 

Microsoft’s new offering for hospitals is unique because it addresses a problem that IBM’s effort also surfaced: the lack of integration and interoperability between health data repositories.

 

With all of the effort to keep health data private, it still looks like it could be just as easy for bad actors to access your medical data as it is for you, or your doctor. Even the best AI can’t deal with data sources that won’t talk to each other or provide access to the AI tool. Microsoft’s Cloud for Healthcare focuses on fixing the data interoperability problem, which is perhaps Microsoft’s new best skill. Now Microsoft, like IBM which earlier made a similar flip, embraces concepts like Open Source and Linux — along with being an interoperability champion.

 

Zero in-store human interaction for shoppers

 

The rise in consumer adoption of e-commerce in the wake of the pandemic is pushing the rebirth of brick-and-mortar stores as potential bastions of interaction less in-store shopping that resembles an e-commerce experience. But these redesigns are not for all shoppers. Some prefer no brick-and-mortar shopping at all.

 

 Consumer reaction is pushing retailers to redesign physical stores. A survey disclosed that shoppers willing to return to physical storefronts want a completely human-free, contactless, shopping experience. More automation is on their demand list. Implementing systems that let stores meet consumer standards for convenience and safety from infections arguably help them stand out in a hyper-competitive brick-and-mortar marketplace.

 

These findings recommend big-box retailers restructure their traditional physical stores into warehouses and fulfilment centres. Those that do not take the lead and heed consumer wishes may not succeed in the new retail normal.

Patrons Note : 

Our satisfied patrons are our formula for success. Our strength lies in the empowerment of our clients. 

 

Brilliant support, Brilliant implementation team. The software is very functional and customisable. I love being a part of Expand ERP.” 

 

Harsh Sarawgi

Director, Acuraventure

Expand Sure Shield protects 100 % of your data 24×7

Expand Express 2020 Vol-IX

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This article was published on: 19/10/20 5:08 PM

Home > ERP Newsletter

Founder’s Note:

Dear Patron,

 

Amidst the chaos and paranoia over the past 6 months, it’s time we move on with positivity and welcome the new world with open arms that has changed immensely.The magnitude and speed of collapse in activity that had followed was unlike anything experienced in our lifetimes. However, keeping the socio economic downturn in mind, business surely needs our attention. Going on to the good news is that the economy is regaining and as per experts it will take a big leap in a very short span of time. Taking proactive measures and prepping our business and employees is a challenging but essential task at the moment.

Vineet Bansal

Hence, digitally equipping your business is the need of the hour. Once your daily operational processes are looked into by a best fit ERP solution, your skilled workers are free to focus on larger goals and increase productivity.

According to the Health minister, vaccines are expected early next year, from more than a single source to immune at least 25 crores within the first half of the year. This shows a ray of hope for all of us to survive this tough time. With endurance, we can all unanimously join hands to heal the world and it’s people with positive vibes. In this newsletter, I will be enlisting smart ways to protect your workers who need your support the most.

 

My sincere warm wishes with you and your family through these tough times.

 

Vineet Bansal

eDominer Technologies, CEO

“To win in the marketplace you must first win in the workplace.”

– Doug Conant

MSMEs play a key role in national economies around the world, generating employment and value-added services. They contribute to more than half of employment and GDP in our country irrespective of income levels. In addition, SME development contributes to economic diversification and resilience. 

 

Noting that India has been one of the fastest-growing large economies in recent times, has led to the improvement in reducing poverty and improvements in living standards. It is believed, recent reforms, particularly the implementation of GST, national goods and services tax, should help boost efficiency and productivity and overtime will contribute to help them create jobs in the formal sector. 

 

But the sudden jolt inflicted by the pandemic has curbed the growth trajectory of Indian SMEs and also the traditional way of doing business. The whole world as it was, abruptly changed to a new normal. For many, working from home was a complete novelty. Being suddenly excluded from the corporate environment presented them with big challenges, both technical and personal. Organizations trying to facilitate this surge of remote working faced their own challenges to equip and train their people in the face of big changes that were sometimes mandated overnight.

 

Our customers were able to meet these challenges with us at their side, partnering with them to find a way to keep them operating and taking care of their own responsibilities and customers. Digital services are at the core of how we help enable our customers to ensure they have a reactive and resilient business. Big changes happened during the crisis, and much more evolution in the way we work can be expected.

 

Mindful that there could be future disruption from lockdowns or other restrictions, businesses are keen to continue to improve their collaboration tools. Cloud platforms and networks work hand in hand with collaboration tools and remote working, and most of our existing clients recognize improving cloud and network capabilities as one of their top new priorities.

 

In Expand ERP, we are proud to be able to have supported the maximum of our clients and made new ones during these extraordinary trying times.

 

It is said that a crisis brings people together, and we can bear testimony that it surely does with business as well. Most of the SMEs feel that supporting them with digital solutions is a must to overcome the business challenges in a future that is still full of unknowns. During the crisis, many of our customers have gained a stronger appreciation for the resilience of a digitally transformed business in the face of unforeseen obstacles. As a result, many of them are collaborating with us now to accelerate the digital transformation.

 

Safeguard your employee’s health first

 

Employers can take certain actions to make the workplace safer in businesses deemed essential during the coronavirus pandemic and in regions where companies are staying open.

 

 Here are 8 ways to protect employees.

 

  1. Pay attention to public health officials and follow their guidance as it evolves and changes. Tell employees to stay at least six feet apart and to refrain from shaking hands. Workers should wash their hands often for at least 20 seconds with soap and water and avoid touching their faces. They should cough into tissues or their elbows.
  2. Plan for remote work. Many offices have already moved to telework. 
  3. Practice social distancing –  Groups of any size should consider meeting virtually or by phone, as opposed to in person,
  4. For manufacturers, ensure that employees use a hospital-grade disinfectant when cleaning. They should clean all areas that are frequently used or touched, including restrooms, door handles, tools, time clocks and vending machines.Employees should wear protective gloves when cleaning and perhaps while working, depending on the job.
  5. For retailers that remain open, put in place social distancing measures approved by the applicable state department of health. This may include temporary reductions in staffing, shortened hours of operation and limited in-store services.
  6. Immediately send home employees who have symptoms of COVID-19. Likewise, employees who are well but who have been exposed to an individual with COVID-19 should stay home.
  7. Provide coronavirus-related information, but don’t overload workers with such communications. 

 

For millions of workers, no income means no food, no security and no future. As the pandemic and the jobs crisis evolve, the need to protect the most vulnerable becomes even more urgent.

 

The decisions taken today can provide immediate relief, but also secure a lasting economic recovery, increase community resilience and ensure a long-term pathway to sustainable development. We shouldn’t let this chance slip away. A kind gesture shown during a crisis is remembered lifelong by the vulnerable and needy.

How the best fit ERP can enhance business productivity while reducing manual labour?

“Our assets walk out of the door each evening. We have to make sure that they come back the next morning.” – Narayan Murthy

I would give more than half credit to the customers for the success of your business, as without buyers your business is stagnant, However a considerable percentile of the success also depends on your team of manforce especially if you are in the service or hand skilled industry. Without your workers your business means nothing. It is never possible to grow single handedly. It is certainly the result of good leadership and harmonious teamwork that a company reaches its goals.

 

 

As an entrepreneur, it is your prime focus to nurture and train a whole crew of skilled, honest, loyal and efficient workers, who in return will bring to you productivity and growth. To drive optimal efficiency and productivity, your workers need to be freed from the burden of daily operational activities. The intelligent use of Technology plays a vital role in the process. A robust, consolidated, conducive ERP software which fits best to the needs of your business uniquely, will act as a catalyst to success and growth.

 

 

Features of ERP that help a company improve the productivity of the workers

 

  • Centralised systems:  In business, if information flow is decentralized, the decision-makers will have no idea of the whole picture at any point of time. With the use of an ERP, the reports and analysis of the company can be viewed with a single unified system.

 

  • Share a central database:  Advanced ERP systems can work any database, any platform and with any operating system. Some databases are inter-related- for eg. employee data is shared by HR, Finance and administration but in ERP systems each division doesn’t maintain a list of employees but fetches it from the HR Department. Therefore, duplication of data is avoided. The central database enables economizing on database maintenance costs.

 

  • It is user-friendly:  The system recognizes the importance of the most junior employee and they have a role as end-users. The company also needs the help of functional consultants who understands the various business processes with an organization – such as Finance, HR, Accounting, Inventory and help in the development of modules.

 

  • Customizable and adaptable:  ERP system can be customized to the requirements of the company irrespective of the operating systems, database systems being used. ERP solutions are not for large organizations alone. It is now available for small and medium businesses too. Moreover, ERP systems can be implemented in a modular fashion which means huge upfront costs need not be incurred by an organization if it has financial constraints.

 

  • Advantage of the cloud and mobility:  ERP cloud service providers enable full or partial storage of data, software and the platform to run it. This enables companies who have critical data that needs to be secure to be held in their own servers while getting more generic work done in the cloud platform. ERP systems are also deployable on the mobile, so that salesmen, marketing executives can update information in real-time enabling quicker response from the decision-makers in the corporate headquarters. 

 

  • All stakeholders feel the difference with ERP:  The use of ERP systems not only benefits the employees and the organization but also the consumers.  These days, organisations value customer loyalty and most often they just need to tell their mobile number to get loyalty bonus, get billed quicker at the retail store and stay informed about discounts and offers of the company.

 

  • Improves efficiency across departments:  As ERP integrates each department into a central database, finance, marketing, manufacturing and inventory control improves. Data comes from sales, finance, and various business units with different sets of numbers, ERP integrates them giving a snapshot for the CEO to assess. 

 

 

  • ERP is known to give positive ROI in a year:  The implementation of ERP may take one to three years in a conventional scenario but with Cloud computing  the time frame has come down. According to surveys, companies which were focussed on return on investment (ROI) at the beginning of the ERP implementation could see significant results happening after a year. It could be in the form of cost reductions, quality improvements, customer satisfaction, reduced employee count, redeployment and improved market share.

 

Thus, by looking into all the daily operational processes, a best fit ERP software manages your company efficiently and accurately making it possible to achieve desired goals. The skilled workers of your team can easily focus on further sensitive and analytic issues regarding the growth of the company.ployment, and improved market share.

1. HP Takes Us One Step Closer to a Virtual Tomorrow

 

HP Omnicept: Last week HP announced HP Omnicept, which is a solution that begins with a special headset. Omnicept provides the critical elements needed to create a virtual meeting room and lays a foundation for creating a virtual world where many of us could eventually spend much of our time. HP has modified its latest second generation reverb headset, the G2, to add some critical features — starting with the headset.
These same tools could create virtual meeting spaces where users with headsets like the HP Reverb Omnicept could identify users with biometric markers and log them into the virtual meeting room.

2. Apple unveils its new iPhones, the first handsets in the world to be powered by a new type of chip.

The new iPhone will edit 4K video, enhance high-resolution photos and play graphically-intensive video games more smoothly than was possible before while using less battery power.
The “five-nanometre process” involved refers to the fact that the chip’s transistors have been shrunk down – the tiny on-off switches are now only about 25 atoms wide – allowing billions more to be packed in. Effectively it means more brainpower.

Patrons Note :

We are proud to be associated with several successful companies during their upward journey. One of our better known clients said …

 

eDominer’s Expand ERP – We have been using this solution from past more than one year without any major issues.. The solutions is really good as per our requirements.. Team Expand is really co-operative.. They always respond quickly to any problem and resolve immediately with in 24 hours.. We have good experience using this ERP Solutions.

 

Vaneet Batish

Vice Preident – IT

Balaji Chem Solutions Pvt. Ltd.

Expand ERP implements your software completely online within 28 days.