Work in progress (WIP) refers to any inventory that has begun the process but is not yet a finished good. Reducing WIP is important for element to focus on.| Deskera Blog
ERP systems for manufacturers unify various business processes into a single platform, including production, inventory, and financial management.| Deskera Blog
Calculating and Paying employees for their work is Payroll.The payroll involves distribution of salaries, wages bonuses, deductions and net pay on a timely basis| Deskera Blog
A bill of materials (BoM) is a thorough rundown of parts, components, assemblies, and different materials needed to make a product.| Deskera Blog
Understanding the production cycle in manufacturing is important because it helps ensure that goods are produced efficiently, cost-effectively, and safely. It also enables manufacturers to identify areas where improvements can be made and helps them plan for future production needs.| Deskera Blog
Fixed overhead costs can include rent, mortgage, utilities, depreciation of assets, insurance, property taxes, annual salaries, and government fees.| Deskera Blog
Avoiding expenses related to late deliveries improves a manufacturer's financial success. Running a business requires proper understanding of how long a task will take to finish. For daily tasks, long-term projects, and industrial processes alike, knowledge is power.| Deskera Blog
A blockchain is a distributed database, also known as a digital ledger, consisting of blocks that are strung together to hold the batches of time stamped transactions. Each block involved in that transaction is linked to the previous one, forming a timeline through cryptography that creates a chain of data known as Blockchain.| Deskera Blog
Sales is a set of activities and processes carried out to sell goods or services to potential prospects. Learn what is sales and how it works now!| Deskera Blog
Production schedule enables organizations to respond to changing market conditions, adapt to customer needs, and make informed decisions that drive operational excellence.| Deskera Blog
Production planning is the process of deciding how a product or service will be manufactured before the manufacturing process begins.| Deskera Blog
Here's an in-depth guide on inventory management to help you optimize stocking and warehousing. Learn about benefits, techniques, and different challenges.| Deskera Blog
Supply chain management administers the progression of labor and products and incorporates all cycles that change raw materials into end products.| Deskera Blog
A vendor can be described as a person, company, or group that distributes goods and services to businesses, companies, and ultimate customers.| Deskera Blog
Procurement refers to activities carried out by businesses to acquire products and services. It assists to streamline costs, ensure quality, & reduce risk.| Deskera Blog
KPI, or Key Performance Indicator, is a measurable and achievable metric that helps businesses track progress and measure effort towards a desired objective| Deskera Blog
A technique for predicting future demand for a product is demand forecasting. Managers use different approaches to predict demand forecasting more accurately| Deskera Blog
Inventory carrying costs refers to the cost incurred in the process of holding the unsold inventory. One of the topmost problems organizations have with inventory management is carrying costs. Inventory carrying costs include storage, shipping, handling, labor, insurance, taxes, item replacement, shrinkage, and depreciation. They are incurred when products are kept on the shelves in a warehouse, distribution facility, or retail location.| Deskera Blog
In business, sustainability refers to the ability of a company to operate in a manner that meets the economic, social, and environmental needs of the present while also ensuring its long-term viability.| Deskera Blog
A supplier in business can be described as a person or an entity that supplies goods and services. This is the part of the business's supply chain that provides the bulk value of a particular product.| Deskera Blog
Learn what ROI (Return on Investment) is, how it’s calculated, and why it’s a crucial metric for measuring business success.| Deskera Blog
Successful product production operations can only be conducted by companies with precise cycle times. But what if it's impossible to gauge or track how long it will take to manufacture and package deliverables? So they are prepared for distribution to customers? Manufacturing procedures are never simple.| Deskera Blog
Lead time is the total time taken from the initiation of an order until the goods are delivered and available for use or sale.| Deskera Blog
IoT describes physical objects with software, sensors, and processing ability that connect and exchange data with other devices and systems over the Internet.| Deskera Blog
Deskera Cloud ERP software:The best software solution for business efficiency, cost reduction and decision making. Deskera ERP is one of the top ERP software.| Deskera
What's Material Requirements Planning (MRP)? Find out how it helps factories run smoother and learn to manage inventory better with MRP tools.| Deskera Blog
Implement a manufacturing ERP to improve efficiency and productivity, enhance resource planning, cost reduction, and enhance operational visibility| Deskera Blog
ERP software allows your business units to automate every tasks. Read this article to know what is erp and learn best practices to complete your business needs| Deskera Blog
