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Multi-channel sales are the norm for most businesses, with direct-to-consumer sales, distributor and retail channels, and online marketplaces such as Amazon. So is multichannel...
Despite what software vendors think, there’s a balance between having the latest features and continuing to use what works even if it is an older solution. Software is a tool for...
Consumer products firms selling direct-to-consumers used to be an innovation worth noting. But now it is quickly becoming table stakes as social media becomes a dominant sales...
Life Sciences businesses are relatively unique. They have long lead times between investments and commercialization, leading to unpredictable revenue streams and cash flow gaps....
Companies that are migrating from a small business solution to more robust enterprise resource planning (ERP) software have many choices. Two popular options are Microsoft...
What do Coca-Cola drinks, Skull Candy headphones, Rothy’s shoes, uni-ball pens and Harry’s shaving supplies all have in common? The companies behind these products all rely on ERP...
Integrations are essential components of enterprise resource planning solutions (ERP).ERP systems are broad. They are designed for running a business-end-to-end and encompassing...
Manufacturing startups and businesses looking to upgrade their manufacturing systems have probably run across both material requirements planning solutions (MRP) and enterprise...
An enterprise resource planning (ERP) system is designed to help you more efficiently manage your resources by streamlining critical processes such as the sharing of information...
Does it feel like the future has become more uncertain lately? If you and your business are worried about the direction of things, you’re not alone. The world has changed since...
The economic outlook is very uncertain in these post-pandemic times. World Bank president David Malpass gives a 50 percent chance that there will be a world recession in 2023....
An ERP system can help you streamline your business processes, improve communication and collaboration, and make better data-driven decisions. However, with so many options on the...
Growing companies face a multitude of challenges in today’s post-pandemic environment. This is particularly true in industries with complex supply chains and strict compliance,...
Anyone who runs a business knows the importance of supply chain management. Ensuring the smooth flow of the resources you need to keep your business running is crucial, especially...
These are interesting times for business. The Covid-19 pandemic shook almost every industry around the world, and the new normal is different than what came before. But part of...
Now is a good moment for enterprising life sciences startups eying a future initial public offering.“Covid really brought some perspective on what the life sciences market can...
Life science companies such as biotechnology, and biopharmaceutical companies face significant business challenges. These include optimizing processes and operations while meeting...
System Applications and Products (SAP) is a multinational software development company based in Germany. It is mainly known for its Enterprise Resource Planning (ERP) software,...
Running a successful business requires setting up systems that integrate your daily operations for enhanced productivity and efficacy. One of the primary systems your business...
If you’re a small manufacturer looking to go big, how do you get from A to Z with minimal growing pains? You’re going to need increased capacity, a bigger staff headcount, and...
Speed, efficiency, and clear communications: these are the keys for a business of any size to stay competitive in today’s global marketplace. Unfortunately, ever-changing...
The new normal for the world is volatility, uncertainty, complexity, and ambiguity. This is a challenging new normal.
Daily business decisions can be as low-stakes as prioritizing your email inbox or as momentous as deciding on a strategic acquisition. Your choices can lead to solutions to the...
Life sciences and biotech companies often make miracles happen, but the road from a spark of genius to a regulator-approved product isn’t easy. Getting to market involves...
QuickBooks has been the accounting software of choice for distributors and other small businesses for several decades. Marketed as a full-service offering, Intuit’s QuickBooks can...
The Life Sciences industry (Bio-Pharma, Medical Devices, Biotech, etc.) is unique in many ways beyond the products they bring to market, especially how organizations “evolve” as...
Time is one of the best gifts you can give to your teams. Too often, workers are bogged down with mundane, repetitive tasks that prevent them from focusing on the more...
Most businesses in the market for an enterprise resource planning (ERP) solution will begin the process by doing some basic research. Unfortunately, the less tech-savvy among us...
All of the right parts might be in place when a company launches: a great product, an experienced team, a strong marketing campaign. But poor financial planning can lead to...
With the emergence of cloud-based ERP, enterprise resource planning solutions no longer are just for Fortune 500 companies. That’s part of why almost half of all companies have,...
Some companies have easy invoicing, proactive planning, smooth HR practices and fluid operations that handle changes in the business landscape well. Others don’t.
Rothy’s, a San Francisco-based woven shoes startup valued at $700 million, began thinking seriously about automation when it only had 15 employees. The startup’s backend...
Many small businesses use QuickBooks or Microsoft Excel spreadsheets for accounting. When the topic of enterprise resource planning software (ERP) come up, the natural question...
You’ve done the hard work of buying, building, integrating, and customizing your various departmental software systems, so all of your operational woes should be remedied, right?
Despite the wealth of knowledge available on ERP system implementation, approximately 50 percent of ERP implementations fail on the first try, while 30 percent take longer than...
The decision to purchase a new enterprise resource planning system (ERP) once was a tough one. On the one hand, a modern ERP solution brings dozens of tangible and intangible...
Something strange is happening with your business operations.
Startups are hard, but startups in the life sciences industry are a particular brand of challenging.
Having a central system that stores and tracks all aspects of a company’s operations has always been useful. Big companies have long relied on ERP systems for this reason.
Rolling out a new enterprise resource planning system (ERP) brings many benefits. These include streamlined business processes, a 360-degree view of operations, better financial...
Enterprise resource planning software (ERP) is complex, especially for businesses that are considering it for the first time. A quick Google search doesn’t do much to clear up the...
There are many advantages of running a small to medium-sized business (SMB).
I recently returned from a hiking trip in southwestern China. One of the joys of the trip, aside from the mountain climbing, was outfitting for my trek at a discount department...
Businesses are not people, but they are legal entities with many of the same rights and responsibilities of people. They also share the same tendency of people to wait until a...
Manufacturers are optimistic, at least according to the latest Manufacturers’ Outlook Survey conducted by National Association of Manufacturers; optimism is at an all time high of...