The industry has requested the government for more handholding to clear tax-related confusions and GST filing. Tax compliance deadline extension has also been requested. WHAT ARE THE REQUESTS? The finance ministry has been approached by the industries to provide clarity, speed up the processes, and also provide more handholding on the numerous tax issues. With […]
Inventory Management: Basic Terms And Their Application
Those who aren’t tech-savvy are generally confused by the heavy Inventory Management terminologies used. Today we are going to decouple all the essential terms and understand their applications in Inventory Management. If new to Inventory Management, don’t forget to read: Inventory Management 101: Small Business Guide. Major Constraints in Inventory Management Inventory: Defined as the […]
Inventory Management: Best Practices and Processes
As we have seen in all our previous blogs (Inventory Management 101: Small Business Guide and Inventory Management Techniques: 2021 Edition) that inventory management is a visual analyzer used to track inventory in real-time. Certain good practices in Inventory Management processes will help you best utilize cloud computing and analytics software and hence curb losses […]
Inventory Management Techniques: 2021 Edition
Inventory Management or Supply Chain Management has evolved a lot throughout the years, thanks to the advent of advanced technologies like Automation, Data Analytics, IIOT, and Artificial Intelligence. The sudden pandemic of Covid-19 struck the businesses heavily due to unforeseen complex issues like mandatory digitalization, work from home, inventory and warehouse management failure, etc. Click […]
Inventory Management 101: Small Business Guide
This article will guide you through the different facets of Inventory Management and why it is the most crucial tool to scale up a business. First, let us try to answer the following questions: What makes a business successful? Is it to have a wonderful centralized communication system? Balanced stock levels so that none of […]
