In eCommerce, a click of a button could mean a sale or a loss, agree? You would also agree that inventory control is the invisible gear that keeps this trade clock ticking from behind the sc… Read More

Inventory management plays an important role in ensuring smooth operations and maximizing profitability in today’s fast-paced business environment. Artificial Intelligence (AI) is an e… Read More

Table of Contents The success of a business is directly… Read More

Reading Time: 6 minutesInventory is the most crucial component of any industry. It is one of the elements determining the profit and loss of the business. An optimised inventory reduces the… Read More

Discover The Latest Techniques In Monitoring And Accounting For Inventory Levels Accounting… Read More

Reading Time: 4 minutesInventory management is a critical part of any business, but it is essential for small businesses. By keeping a careful eye on inventory levels, companies can ensure… Read More

Understanding what you have, where it is kept, and how much you will need is the key to effective inventory management. But it’s easier said than done. Where Velan adds value is in thi… Read More

Effective inventory management is necessary for running a retail business successfully, not merely a choice. Setting retail inventory management as a top priority will enable you to save tim… Read More

In 2019, the unit labor cost in manufacturing rose 2.2%, the largest annual rise since 2012. Additionally, In the United States, the cost of manufacturing inputs increased by 4.3% in 2019, t… Read More

Technology has changed the whole face of Modern Manufacturing. Earlier, if you wanted to have a competitive advanta… Read More

Are you ready to start a small manufacturing business? If your answers is yes, then this article is the perfect guide for you. A manufacturing company requires a significant financial invest… Read More

If you are ramping up any kind of business selling products, you might encounter inventory management. What is inventory? Inventory is nothing but accounting for the items whether they… Read More

Inventory management aids organizations in determining what products to purchase and when to order them. It maintains track of products from the point of purchase to the point of sale. The t… Read More

If you own a manufacturing company, retail store, or restaurant, you&rs… Read More

The term inventory is not foreign to students and professionals who took accounts and finance in their curriculum. One must be aware of how it affects the balance sheet when treated differen… Read More

Near the close of the 20th century, Hewlett Packard overtook IBM as the world’s third-largest PC manufacturer in the world. Yet not all was well at HP. Cutthroat competition a… Read More

  The first 4 installments of our Blog series addressed root-cause MRO management failures: Problems due to Workflows, Unconstrained access to MRO data, and the like. Let us look at som… Read More

Ragnarok Online Beginner’s Guide by dobby Guide from Novice to 1st job for Newbies *Black Party Version* Contents1. Introduction2. Diffrent Servers3. Important Rules and regulations4… Read More

Supply Chain in Aviation Industry: An Overview Supply chain in aviation industry is essential to save costs of business operations. The success of the business depends on the fact of how wel… Read More

Our last post talked about two significant events that require high quality material master data:  Merger / Acquisition and ERP / EAM Consolidations.  Let’s talk about steady… Read More