Expand Express 2020 Vol-VI

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This article was published on: 22/06/20 10:57 AM

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Expand Express Vol-Vi

Founder’s Note:

Dear Patron,

 

It is ironic how, every morning we wake up to a world of uncertainty, worrying about the state of our businesses and the health of our loved ones. Since the last 90 days, as each day passes by, our COVID journals speak more of our fear and less of reality. 

While the Government is gradually opening the economy, the psychological fear that the term ‘lockdown’ creates and builds up a negativity which stops the consumer from spending. It is a cycle that has affected tremendously, in all levels from domestic help, factory labourers to the salaried professionals and self-employed entrepreneurs.

Government is looking at postponing the lifting of the nationwide lockdown as the fear of spreading the disease still persists and the epidemic is not going to go away soon. All predictions of flattening the curve are being pushed back periodically.

However, keeping our faith and hopes high, we need to curb the psychological impact of lockdown to a minimum. Counting our current resources, we all should learn how to cope with the precautionary measures suggested by the Government healthcare department. It is best if one could continue working remotely with available digital tools and step out only if it’s necessary. Businesses that were relatively ready and have the best technological tools are suffering less from the crisis. Going online is the best way to maintain social distancing while ensuring not to stagnate your business.

Let us all aspire to overcome the psychological impact of the lockdown and salvage productivity at the same time.

Stay Healthy and Safe!

Warm regards

Vineet Bansal

CEO, eDominer Technologies

Gradual opening of lockdown and its impact on industries.

“During trying times one will have only 2 options – either shatter or get better.”

                                                                                              

It’s about 4 months back, that we had started hearing news of the flu-like pandemic that has hit a part of the world and today, more than 4 billion humans at most corners of the world are some way or the other affected by this virus namely Covid-19. It has changed the norms of the entire world and prepared us all to survive with the ‘new normal’. The lockdown has been lifted partially, but the threat remains heightened. 

 

Experts are of the view that the economic fallout of the Covid-19 will haunt Indian manufacturing space for a long time to come. Among India Inc, it’s the MSME sector where the bulk of employment and manufacturing takes place. This segment depends heavily on migrant workforce. Luring back these workforce from their natives is a task next to impossible. Workers’ exodus has come as a double whammy to many COVID-hit Indian sectors that were already whining under a slowing economy. For example, the country’s textile and apparel sector, which accounts for 10% of the country’s manufacturing production, 5% of the country’s GDP, and 13% of its export earnings. This is the segment that saw a large scale exodus of workers from its various manufacturing hotspots such as Delhi-NCR, Tirupur, Surat, Ludhiana, among others.

These steps include:

  • A detailed planning activity, where we need to identify which employees really need to come to work, when the lockdown is lifted. Others can continue to work from home. This segregation is important.
  • Companies should ensure transportation for their workers. At the offices there should be a series of checkpoints testing can be done. There should be holding areas for colleagues to ensure that a red flag can be raised if someone’s feeling unwell.
  • We have to ensure there is no crowding in our office spaces, ensure that only 25 or 50% of the workspace is actually occupied.
  • A similar set of actions need to be done with our support stuff including security guards, receptionists, cafeteria staff. We should delegate shifts and avoid all of them to come into work in the beginning or come in a staggered manner.
  • Regular sanitisation of office/ factory space needs to be regulated along with sanitiser dispensers provided at each step to keep oneself clean at all times.
  • All workers need to be well geared with the PPE( masks, face shields, gloves etc)
  • Regular health checkups to be carried out by the company by hiring professionals to avoid any asymptomatic patients.

At such unprecedented times it is best to ensure work productivity from the safety of your homes. Working remotely is possible only when your company is equipped with the right digital tools to manage it completely online. Adhering to a best fit ERP cloud software is the right decision to take in such trying times.

The benefits you will derive are many. To name just a few are:

  • It will help you curb unnecessary costs yet provide you with necessary data to continue your business processes remotely.
  • It helps in forecasting and analysing where your company lies after a certain period of time. It can calculate pros and cons and evaluate the company’s accounts and finance along with inventory.
  • Challenging times need technology to support and drive optimum ROI.

 

Besides,as the famous Martin Luther King has said “Only in the darkness can you see the stars”! It is only hope and our faith that will sustain and prevail during these difficult times.

EASABILITY QUOTIENT

 

Are you unsure of the technology skills of your employees?

Are you worrying if the users will be able to use the ERP software?

 

Stop worrying. Use Technology with ease.

 

Expand ERP cloud software provides an easy and comprehensible system for all users to avail cutting edge technology. With a user friendly interface, you can manage your business completely online.

  • Our application does not need any specialised software or technical knowledge. 
  • Within 50 hours of remote training after implementation, any ordinary person can learn how to operate the software with basic technical knowledge. 
  • Our system is graphically labelled with focussed user navigation to find and use specific modules easily.
  •  With 24 x 7 support from our technical experts, you can experience a hasslefree and seamless ERP implementation with ease of use.

 

Our patrons are of the opinion that the user experience with Expand ERP Software, has been an easy ball game for them. With any time, anywhere technical support from our expert biztechs, the learning process of the users has been seamless and hassle free.

One of our prestigious customer says

 

“Expand is an excellent product, for all MSMEs especially, because of its flexibility and user friendly interface. It has solutions for all departments & functions. Also I feel it is necessary to mention that Mr. Vineet Bansal’s understanding of business is par excellence which gets even better with his never say no attitude”

 

Jayant Saboo
Managing Director Dura Roof Pvt. Ltd

Global News on technology:

1. E-commerce products to wear their origin on their sleeve

India may soon make it compulsory for eCommerce companies to display clearly whether a product being sold on their platform is made in the country or not, as the government seeks to curb Chinese imports. The clause is likely to be a part of the eCommerce policy that the commerce and industry ministry is drafting. “We will mandate eCommerce players to display whether a product is made in India or not. We are actively looking to enable that. This will help cut out Chinese goods,” said an official aware of the matter. China had a trade surplus of about $47 billion with India in the first 11 months of the fiscal year ended on March 31, 2020. Experts said the move to have clearly labelled goods on e-marketplaces was a positive one and would support Atmanirbhar mission, besides giving consumers the option of buying locally made products upfront.
(source: ET Tech.com)

 

2. Zoho has asked its employees to be in WFH mode till the pandemic subsides, without fixing a date of return to office.

With no flattening of the curve insight, companies that offer software as a service including Freshworks and Chargebee — are asking employees to work from home.

Zoho has also asked its employees to be in WFH mode till the pandemic subsides, without fixing a date of return to office. Consequently, some of the office leases have been cancelled.

Nasscom estimates show that the Indian IT/BPM industry has a total workforce of 4.36 million, and nearly 95% of them moved to WFH mode as soon as the government announced a lockdown during the last week of March. Jack Dorsey’s Twitter and Square have both said employees can work from home forever, Google and Facebook have told employees they can be in WFH mode until the end of 2020.

Patron’s Note:

 

Our success journey of 15 years and above is fortified by our empowered patrons. Their testimonies are our best endorsements.

 

“With this implementation, we have been able to reduce manual interventions and achieve greater transparency and accountability between all our locations. I would highly recommend Expand for any business wanting to delimit itself from locational barriers.”

 

Mr. Navkaran Singh Bagga
Director Trishan Exports Pvt Ltd

Did you know?

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