Knowing what operational costs are helps you gain a clear picture of where your money goes and how it impacts your bottom line.| Deskera Blog
It is a holistic approach that aligns strategic, operational, and financial plans across departments, ensuring all business units work toward shared goals.| Deskera Blog
It includes strategies such as cross-docking, data analysis, vertical storage, cross-training, inventory optimization, automation, and more.| Deskera Blog
All In One Business Software with Accounting, Inventory, CRM, Payroll and HRMS.| Deskera
The Financial Statements - Balance Sheet, P&L & Cash Flow Statements are used by investors, market analysts, and creditors to evaluate a company's financial health and earnings potential.| Deskera Blog
Fixed overhead costs can include rent, mortgage, utilities, depreciation of assets, insurance, property taxes, annual salaries, and government fees.| Deskera Blog
The Inventory Reorder Point in inventory management is the minimum level of stock for a specific product.| Deskera Blog
An SKU is a unique number or code allocated to each product that differentiates it from the other products in the warehouse., making it easier to track| Deskera Blog
The impact of RFID technology in the manufacturing sector is undeniable, as evidenced by staggering statistics. According to a recent study by Supply Chain Digest, companies implementing RFID technology experience an average inventory accuracy improvement of 27%.| 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
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
Inventory control is monitoring & managing a company's inventory and warehouse by keeping up the stock at desired levels.| 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
In this article, we cover the following topics such as the definition of customer retention, the formula to compute your retention rate, and how business can implement various strategies to improve on your numbers.| 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
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
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
Discover the top 10 warehouse management software solutions designed to optimize your operations and find the best WMS for your business needs.| 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
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