Acumatica is projected to be one of the top performers in the “magic quadrant for cloud ERP for product-centric enterprises” in 2021. In a vital industry report from Gartner, Acumatica has been highlighted in the Magic Quadrant for Enterprise Resource Planning,” a biennial competition in which Gartner evaluates ERP vendors for small and midsize businesses. …
Acumatica Cloud ERP 2021 R2 is the latest version of Acumatica Cloud ERP yet, which allows you to save more money on operational costs, enjoy faster time-to-value, and focus more on your core business. Acumatica will soon release the second of our twice-a-year updates in mid-September. Here are some highlights of what to expect. Benefits …
Acumatica Cloud ERP Software Version 2021 R2 Overview Read More »
Manufacturing units are the major driving force of any nation. The manufacturing sector accounts for a total of 16% of the global GDP, as of 2018. But with COVID becoming a pandemic, it has not only brought our lives and routine to a standstill but the businesses have to deal with a massive hit. Of all the industries that …
Every business, big or small, especially in the manufacturing industry deliberately or instinctively makes use of product management. Businesses in the manufacturing industry create products and cannot survive one day without having a product management system in place. The manufacturing process generates three types of products- co-product, by-product, and scrap. Co-product: The product that generates …
With the changing market landscape, customer requirements, and the digitization of the businesses, the landscape has become competitive. It is becoming complicated for the manufacturing businesses whose aim should be to deliver quality products without cutting down on the quantity or leading to any delay. A whopping 92% of the manufacturers believe that it is the product quality …
Significance of quality management in the business Read More »
If we ask you what is product costing, chances are you will say, “it’s just the setting up of a price for products.” But it is more than that. It is an important step in determining the right price for a certain product so as to make a well-informed decision regarding the business. Knowing and understanding product …
Why manufacturing businesses should not overlook product costing? Read More »
An integral component of process manufacturing that makes it different from discrete manufacturing is the recipe. A recipe involves how to add the components that make the products, and in how much quantity to make the final product. Such is the gravity of its impact that businesses operating in the manufacturing industry, from food to pharmaceuticals …
Why you should have a recipe management system in place? Read More »
The ability of a system to track and documents the products throughout the manufacturing process is traceability. The various aspects to track are- suppliers, items, inspection notes, manufacturing details, distributors, etc. Thus, this helps in ensuring that the team knows where the product is. This is especially helpful in the recall situation where when if …
Importance of end-to-end traceability in manufacturing industry Read More »
Top 5 ERP Implementation Mistakes to Avoid ERP implementation will bring a much-needed revolution to your organization. It manages every aspect of your business from the material required to finance, production to warehousing, and delivery. Hence, ensuring a streamlined work process for maximum efficiency and productivity. But while the ERP brings massive advantages with it, …
