2024-04-24 06:41
Implement Monitoring and Controlling to Increase Efficiency in Manufacturing
Manufacturing companies must focus on operational efficiency to ensure optimum utilization of resources, improve… Read More
Blog Directory > Software Blogs > Force Intellect software Blog >
Force Intellect Blog
forceintellect.com
Tags:
inventory
manufacturing
revenue leakages
kpis
credit
leakages
performance
reorder
production
visibility
Force Intellect Blog about ERP Software, eProcurement Software. We share information about how to leverage ERP software and eProcurement software to improve your Business Performance.
2024-04-16 06:58
Production Cost Sheet Significance in Manufacturing
Profitability and success of a manufacturing business depends on how efficiently they can produce quality goods at economic costs. Product… Read More
2024-04-08 11:36
Material Inward Process & Significance of Proper record-keeping
The material inward process also known as the receiving process, involves the receipt of materials, inspection of the qu… Read More
2024-04-01 10:23
Prevent Revenue Leakages in Manufacturing with ERP
Revenue Leakages refers to the unintended loss of potential income or profit in a manufacturing company. Revenue leakages are invisible hol… Read More
2023-07-15 04:49
How to Create More Business Visibility in a Manufacturing Business?
Manufacturing companies must have a clear visibility of their operations and processes. Good visibility provides the abili… Read More
2023-06-16 13:30
Purchase Best Practices for Manufacturing Companies
Purchase or Procurement expenses comprise a sizeable chunk – sometime even up to 60% of all manufacturing company expenses. T… Read More
2023-06-09 14:00
Importance of Sales KPIs for Manufacturing
I think you will agree that your manufacturing company wants to boost its sales performance & improve profits. Right?
Do you have a syste… Read More
2023-05-31 11:30
Inventory Management Best Practices in Manufacturing Industry
Effective inventory management plays a crucial role in the success of any manufacturing industry. Ensuring proper inventory cont… Read More
2022-09-16 08:26
Reorder Point | Optimize Inventory with Reorder Point
What is a Reorder Point?
Before we get into the details of Reorder Point, what is the definition, formula, importance, benefits of Reord… Read More
2021-01-29 13:10
Credit Control | Credit Policy | Credit Control Policy
Credit Control which is also referred to as Credit Policy; is a business strategy adopted by companies to encourage the sale of goods o… Read More
2020-12-21 12:04
Goods Received Note | Goods Receipt Note | GRN Format
Every company receives as well as supplies goods; whether it is in the form of raw materials, consumable items, or finished goods. Hence… Read More
2020-12-11 05:37
Purchase Indent | Purchase Indent Format
Purchase Indent presents a formal requisition for the purchase of items/materials needed by an organization. Creating a Purchase Indent & setting… Read More
2020-11-27 12:05
Benefits of ERP | Benefits of ERP System | Benefits of ERP Software Implementation
We observe that companies are tentative to embark on a journey for ERP Implementation. primarily, because E… Read More
2020-11-27 12:05
Benefits of ERP Implementation | Benefits of ERP System
We observe that companies are tentative to embark on a journey for ERP Implementation. primarily, because ERP implementation involves… Read More
2020-11-17 13:07
e-Invoicing | e-Invoice under GST | ERP & e-Invoicing
e-Invoicing is a major reform towards Digital India. e-Invoicing is the digitalization of the Invoices for goods and services provid… Read More
2020-11-06 12:26
What is Inventory Valuation | Inventory Valuation Methods
Inventory is the most significant asset of every manufacturing company as it directly impacts the Productivity & Profitability… Read More
2020-10-27 04:58
ERP Change Management
Progress is impossible without change – Walt Disney
At the heart of an ERP Implementation is the desire to transform your business for growth & success. Imple… Read More
2020-10-20 05:14
Getting Ready for ERP Implementation
By nature, ERP implementation is a very complex process, because, it involves establishing a single system that integrates all the important processes su… Read More
2020-10-13 04:42
ERP Contract: What Points should be covered?
Companies usually decide to implement ERP Software to achieve a transformation in their business, to create a digital backbone, to streamline pro… Read More
2020-10-06 04:29
Importance of ERP Project Team
“If Everyone is Moving Forward Together, Then Success Takes Care of Itself” – Henry Ford
ERP Implementation is a big task and impacts every b… Read More
2020-09-29 07:38
ERP 2 | What is ERP 2.0 | Important Features & Benefits
A good ERP is more than a good software. It connects people, processes, and resources.
ERP Software or ERP 2.0 as we… Read More
2020-09-22 05:51
Common Manufacturing Problems that ERP Solves
Are you having trouble getting proper information about your business?
Are you struggling to maintain optimum inventory?
Are you finding it diff… Read More
2020-09-15 05:38
ERP makes life easier for CEO/CXO
As the CEO of a manufacturing company with 3 manufacturing locations in different states of a country, how wonderful it would be, to have complete visibilit… Read More
2020-09-08 04:29
Importance of aligning IT Strategy with Business Strategy
Information Technology & Business are becoming inextricably interwoven. I don’t think anyone can talk meaningfully about o… Read More
2020-09-01 06:02
Plug the Leaks, Improve Profitability, Grow Your Business
Beware of Little Expenses; A Small Leak Will Sink a Great Ship.
Are you struggling to grow & scale your business? Are your profi… Read More
2020-08-25 05:08
ERP Project Management Best Practices
As a company involved in ERP Software implementation for more than a decade, we have a thorough understanding of how to manage ERP projects successfully… Read More
2020-08-18 04:29
How ERP helps Implement Standard Operating Procedures
Does your organization have Standard Operating Procedures in place? Did you know, Standard Operating Procedures are a great mechanism to… Read More
2020-08-11 07:35
ERP Implementation – Planning & Selection Guide
The objective of this ERP Planning & Selection Guide is to become a ready reference for business owners, who are considering ERP… Read More
2020-08-04 05:28
Improve Employee Productivity with ERP
“Productivity is not just about doing more, It is about creating more impact with less work”
“Are your Employees Productive or are th… Read More
2020-07-28 07:13
Facing Business Problems? See How ERP Can Solve Them
As manufacturing SME, do you face any problems in day to day operations? Do you find it difficult to make informed decisions? Are there a… Read More
2020-07-21 05:41
How to Measure ERP Implementation Success?
Success is defined as “Achievement of an action within a specified period of time or within a specified parameter. Success can also mean comp… Read More
2020-07-14 06:28
Vision Document for successful ERP Implementation
Vision is a destination – a fixed point to which we focus all effort. The strategy is a route – an adaptable path to get us wher… Read More
2020-07-07 04:42
Importance of Business Reports in Business Success
Business reports provide precious insights into the functioning of every organization. You can recognize operations that are performing wel… Read More
2020-06-30 05:03
Business Strategy and ERP: Why ERP should be an integral part of business strategy?
A business strategy is the roadmap to achieve the company’s business objectives. Defining & desi… Read More
2020-06-23 04:20
Are you an early technology adopter or late majority?
Technology has transformed the way companies do business, especially since the rapid advancements in computers, internet, communication… Read More
2020-06-16 05:35
Prevent Overstocking or Understocking with ERP Software
Inventory or Stock is the most significant asset of a manufacturing company that directly impacts the productivity and profitability o… Read More
2020-06-09 08:22
The Role of the CEO in ERP Success
“Good Business Leaders, create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion” – J… Read More
2020-06-02 06:15
Inventory Management Reports for Manufacturing SMEs
What are the Inventory Management Reports?
Inventory management reports enable manufacturing SMEs to have an accurate representation of th… Read More
2020-05-26 05:18
Strategies for Business Performance Improvement with ERP
When Performance is measured, performance improves!
What is Business Performance Improvement?
Business Performance improvement… Read More
2020-05-19 06:01
How good is the information flow in your business?
The new source of Power; is not money in the hands of a few, but, Information in the hands of many” – John Naisbitt
Every… Read More
2020-05-12 06:58
Lean Inventory Management: How to implement Lean Inventory with ERP?
Lean is a way of thinking. A systematic method to identify and eliminate waste from processes to provide maximum value to… Read More
2020-05-05 05:52
Importance of Digital Technology Adoption for Manufacturing SMEs
You’ve Got to start with the Customer Experience and work backward towards the Technology. Not the other way around! &n&hell…Read More
2020-04-28 05:41
Working Capital Mistakes Every Manufacturing SME should avoid !!
“Working Capital is the Lifeline of every Manufacturing business!”
What does your company’s financial healt… Read More
2020-04-21 06:04
How manufacturing companies can become ready for the “New Normal”?
The Coronavirus pandemic & the resultant Lockdown is a global crisis that has hit almost every country in t… Read More
2020-04-14 05:57
Role of Material Management in Improving Productivity & Profitability
One perpetual problem faced by manufacturing companies is the rising costs of materials and services. How to ensure… Read More
2020-04-07 05:49
ERP Selection: ERP Selection Steps, Criteria, Comparison, Evaluation
Usually, when companies choose to scale & grow their business, it becomes crucial to work smarter, increase eff… Read More
2020-03-31 05:46
Lockdown: How to make the best use of the Lockdown?
Lockdown! Who would have imagined a few weeks ago, that the whole world would come to a standstill! Coronavirus has practically brou… Read More
2020-03-24 05:47
How to achieve Operational Excellence with ERP?
How to achieve Operational Excellence for sustainable profitability is a question that bothers most manufacturing companies. Even more… Read More
2020-03-17 07:31
Importance of ERP Mobility for Manufacturing Companies
The convergence of internet & mobile technology is a revolution that has transformed our lives & and the way we do busine… Read More
2020-03-11 03:55
Business Discipline: How to implement Business Discipline with ERP?
Success is nothing more than a few simple disciplines practiced every day – Jim Rohn
Your level of success is determ… Read More
2020-03-03 05:00
Significance of CRM for Manufacturing
Strong Customer Relationships Drive Sales, Sustainability and Growth – Tom Cates
We all appreciate good customer relationships are key… Read More
2020-02-25 05:21
Implementing Financial Discipline with ERP | ERP Finance
Cash flow is considered to be the lifeblood of a business. Steady cash flow and healthy working capital are essential for manufacturi… Read More
2020-02-25 05:08
The post new-slider-1 appeared first on Force Intellect | ERP for Manufacturing | ERP for SMEs Read More
2020-02-25 05:07
The post new-slider-2 appeared first on Force Intellect | ERP for Manufacturing | ERP for SMEs Read More
2020-02-25 05:05
The post new-slider-3 appeared first on Force Intellect | ERP for Manufacturing | ERP for SMEs Read More
2020-02-18 05:38
Does Your Company Need ERP? How to become ready for ERP?
While the manufacturing world is quickly moving towards digitization and computerization, should you also implement an ERP? Does your… Read More
2020-02-11 08:19
ERP Implementation Challenges & How To Overcome Them?
As a company focused on ERP software development and implementation, we observe, that manufacturing SMEs have become aware that they… Read More
2020-02-04 06:02
Are you Ready for Growth? How to become ready for growth?
This article aims to help manufacturing SMEs assess, whether this is the appropriate time to think of growing their business and als… Read More
2020-01-28 05:44
If you can measure it, you can understand it. If you can understand it, you can control it. If you can control it, you can improve it.
Measurement is the first step that leads to control and… Read More
2020-01-21 06:52
“Get closer than ever to your customers. So close that you tell them what they need, well before they realize it themselves” – Steve Jobs
How to use ERP to become a Cu… Read More
2020-01-14 05:33
How ERP helps implement Knowledge Management culture?
The most precious advantage of any organization is the knowledge, experience, and capability of its employees. However, it will not be p… Read More
2020-01-07 05:28
Importance of Procurement Function in Manufacturing
What is the Procurement Function?
Procurement refers to an organization’s strategy to acquire goods and services for ensuring succes… Read More
2019-12-31 06:20
How to use ERP to become a data-driven company?
Before we explore how to use ERP to become a data-driven company, let us briefly understand; What is a data-driven company, What are the steps… Read More
2019-12-24 10:29
How to get maximum benefits of ERP implementation?
Implementing ERP software is just the first step taken by manufacturing companies to improve current processes and achieve improved efficie… Read More
2019-12-17 13:08
Key Learnings from our successful ERP Implementations
Before we explain the key learnings from our successful ERP implementations, let us first discuss what are the primary reasons for imple… Read More
2019-12-10 07:24
How to create a Lean Enterprise with ERP?
Before we get into the details of how to create a Lean Enterprise with ERP, let us briefly understand the origin of Lean, principles of Lean, and ho… Read More
2019-12-03 06:47
Strategy for successful ERP implementation
Before we delve into the Strategy for successful ERP Implementation, let us understand why manufacturing companies need an ERP? What are the goals… Read More
2019-11-27 06:00
How to use ERP as change driver in the organization?
“Change is the only Constant in Business. Those who are able to adapt will win” Alfred Herrhausen
Changing Business Lan… Read More
2019-11-19 07:41
Cost Reduction in Manufacturing Industry
“Costs do not exist to be calculated. Costs exist to be reduced” – Taiichi Ohno
In this age of aggressive competition, manuf… Read More
2019-11-12 08:27
“Do you simply have data about your company or do you have accurate information?”
Data is gathered for a purpose, the goal is to turn data into information and provide a basis fo… Read More
2019-11-05 06:17
Digital transformation is a fundamental reality for businesses today. Organizations of all sizes realize that to delay digital transformation further is to risk obsolescence. And it is up to… Read More
2019-10-22 10:15
What is Management by Exception?
Management by exception primarily focuses on identifying and handling cases that deviate from the specified acceptable norms. It implies raising a flag, in s… Read More
2019-09-25 05:41
“Speed is the New Currency of Business” – Marc Benioff – Chairman and CEO Salesforce
Why is speed important for a business to succeed?
Business is all about Speed the… Read More
2019-06-20 07:47
What does the future of procurement look like? Let us look at how digital transformation and technology advancements are likely to shape the future of Procurement.
Procurement has start… Read More
2019-06-10 06:03
How to measure the success of e-Procurement?
It’s an established fact, that e-procurement solutions help organizations in implementing effective procurement processes and strategi… Read More
2019-06-05 07:45
Procurement KPI Metrics
Procurement is a vital business function and impacts the performance of an organization. It may affect product quality, costing, timely delivery, and customer satisfa… Read More
2019-05-20 05:25
9 steps of effective Procurement Process
The procurement process involves a series of activities undertaken to ensure the required materials are available at the right time in the right quan… Read More
2019-05-13 03:38
Difference between Procurement and Purchasing
Both procurement and purchasing are business terms that are quite similar and many people and organizations use these terms interchangeably. How… Read More
2019-05-06 04:45
8 Steps to eProcurement Success
Do you want to save time, effort and procurement costs? Have you noticed that manual procurement process is person dependent, involves a lot of paperwork, re… Read More
2019-04-29 03:28
What are the benefits of e-Procurement?
Procurement costs generally account for 60% to 70% of the total expenditure of Manufacturing SMEs. Procurement is a critical business func… Read More
2019-04-23 04:35
What is e-Procurement?
E-Procurement or electronic procurement is the process of purchasing goods or services online. e-Procurement software solutions help to automate the entire manual proc… Read More
2018-08-29 07:35
Business has become more competitive and value driven than ever. To improve their deliveries and performance more and more organizations are going digital and adopting ERP. And with the incr… Read More
2018-07-26 10:23
Inventory Optimization has always been challenge for SMEs. The objective of this article is to suggest actionable steps for inventory optimization for SMEs. Steps mentioned in this article a… Read More
Subscribe to Force Intellect
Get updates delivered right to your inbox!