Ecommerce for Manufacturers: Driving Direct-to-Customer Success
Manufacturers adopt ecommerce for direct sales, broader reach, and better customer engagement. It reduces dependency on distributors and improves margins.| Deskera Blog
Manufacturers adopt ecommerce for direct sales, broader reach, and better customer engagement. It reduces dependency on distributors and improves margins.| Deskera Blog
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
Manufacturing automation is no longer optional—it’s a strategic necessity for manufacturers of all sizes to boost productivity, reduce costs.| Deskera Blog
Identify some of the key manufacturing ERP modules and features to boost your productivity and secure higher profitability.| 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
Use the right manufacturing KPIs to improve the productivity and profitability of your manufacturing operations.| Deskera Blog
Some of the strategies that will help you reduce total manufacturing costs are: design products efficiently, standardize components and parts, and more.| Deskera Blog
It includes strategies such as cross-docking, data analysis, vertical storage, cross-training, inventory optimization, automation, and more.| Deskera Blog
Predictive modeling uses a combination of statistical analysis, machine learning, data mining, and AI to uncover patterns in historical data| Deskera Blog
It can account for 30% to 70% of total product costs, making them a critical focus area for accurate pricing, profitability, and cost control.| Deskera Blog
It is a manufacturing method where different goods are produced on the same production line according to irregular production schedule| Deskera Blog
Some of the business budgeting mistakes that you should avoid are: overestimating sales projections, not basing the budget on the data, not tracking revenue| Deskera Blog
It is a percentage-of-completion accounting technique where revenue is recognized based on the ratio of costs incurred to total estimated costs.| Deskera Blog
It is a vital process that predicts a company's future financial outcomes based on historical data, market trends, and strategic plans.| Deskera Blog
Category management is a strategic approach to procurement and inventory management that optimizes spending, and supplier relationships.| Deskera Blog
Wholesale distribution involves purchasing products in bulk from manufacturers and selling them to retailers, businesses, or institutions at a markup.| Deskera Blog
Cash flow forecasting is a means of predicting the movement of cash into and out of your company over a certain period and across all areas.| Deskera Blog
Predictive maintenance leverages data, IoT sensors, and AI-driven analytics to anticipate equipment failures before they occur.| Deskera Blog
Scenario planning is a forward-looking strategic tool that helps businesses prepare for multiple possible futures, enabling them to make informed decisions.| Deskera Blog
Invoice factoring is a financing method for businesses where unpaid invoices are sold to factoring businesses. It helps with improving cash flow.| Deskera Blog
ERP systems consolidate project-related data from various departments into a single source of truth, ensuring that teams have real-time access to information.| Deskera Blog
As a manufacturing executive, it's crucial to stay updated on the latest trends in procurement to ensure your company remains competitive and efficient. Here are five important trends every manufacturing executive should know about procurement:| Deskera Blog
Working capital management is the process of optimizing a company’s short-term assets and liabilities to ensure smooth operations and financial stability.| Deskera Blog
CMI shifts inventory management responsibility from suppliers to customers, offering greater control, visibility, and efficiency in supply chain operations.| Deskera Blog
Auditing is a review and verification of your financial documents which ensures transactions are accurate and legally compliant.| Deskera Blog
Salvage value is defined as the book value of the asset once the depreciation has been completely expensed.| Deskera Blog
A depreciation schedule is a table that represents how much an asset’s value has been used up over the years.| Deskera Blog
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Fixed costs are those expenses that remain constant regardless of your production. Variable costs are those expenses that change with your production levels| Deskera Blog
APIs act as bridges between different software systems, allowing them to communicate and share data seamlessly.| Deskera Blog
A well-implemented source-to-settle (S2S) process enhances procurement efficiency, strengthens supplier relationships, and improves financial transparency.| Deskera Blog
ROA is a financial metric that measures how efficiently a company uses its assets to generate profits.| Deskera Blog
In finance, asset impairment is the term used for when there’s a permanent decrease in the value of a company’s asset- both tangible and intangible.| Deskera Blog
RCA is a problem-solving approach that goes beyond symptoms to identify and address the fundamental issues driving problems in organizations.| Deskera Blog
ERP systems integrate various business processes into a unified platform, enhancing operational efficiency, and ensuring positive customer experience.| Deskera Blog
ERP security is critical for protecting sensitive business data and ensuring the integrity of operations.| Deskera Blog
Downtime refers to the period during which a system, equipment, or process is unavailable or non-operational. It disrupts normal business operations.| Deskera Blog
Current assets are resources that a company expects to convert into cash or use up within one year or within its operating cycle, whichever is longer.| Deskera Blog
Uptime is crucial for maintaining operational efficiency, customer satisfaction, and business continuity.| Deskera Blog
Operating costs are expenses incurred by a business to carry out its operations. These are variable costs as they change with the production level.| Deskera Blog
Statistical Process Control (SPC) is the solution for manufacturers. SPC assists as crucial tool for monitoring and improving manufacturing process control.| 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
What's inventory all about? Get clear definitions, explore various types, and understand through examples. Manufacturing basics made easy.| Deskera Blog
Looking for the best inventory management systems for small businesses? Enhance efficiency and simplify operations with our top picks.| 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
