Sunday, 22 July 2018

what is the type of ERP facilities which are trending ?

Today is the era of artificial intelligence (AI). In ERP sector,  it has changed the complete working scenario in a very low period time wherever ERP industry is still passing through its inception time.
Today AI enabled ERP systems bring reduction in operational cost, increase operational efficiency and minimize human errors. A perfectly optimized ERP software leaves the employees for more productive tasks and saves time.
Today while adopting to AI concept, it is as well necessary to develop the ERP software with open source customization facilities. An easy customizable ERP software can easily be integrated to the other apps in a company. They have no licensing fee issues as well.
ERP business trends always welcome to the open source programming framework like - Hadoop and PHP which connects easily with real big data analytics to the businesses. Today cloud ERP software trends have enabled the ERP systems to handle data with big data handling issues.

It can upgrade the overall structure of the organization to maintain and upgrade the business information architecture. Big memory computing facilities will be the future of ERP software trends and give an ultimate edge to company over its competitors.

Friday, 20 July 2018

What type of cloud ERP software is required for the today's technological era ?

In today’s era all the business entrepreneurs are moving towards the SAAS and cloud based ERP software, which are updated and configured on the base of customer requirements. It enables their systems to grow to the new areas around the globe.
The less frustration and more innovative ERP systems are now necessarily for not only the big businesses and big brands, but also for the MSME enterprises (medium and small scale). To choose the right SAAS ERP software whether for the school, college or university, it is necessary for the technology partner to understand about the factors necessary for getting successful in DX economics.
There are following characteristics necessary for today’s cloud ERP software -
  • more cognitive and intelligent machine learning
  • deep learning protocols
  • natural language processing
  • advanced analytics capabilities
  • understand native and interactive UI to uncover insights
Speed is the most important factor in DX economy which can increase the overall market share, revenue potential and profitability score. It is necessary for today’s companies to understand the strategic direction and innovation capabilities of a current ERP software which can lead them to the future.

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by - Dreamteam Technologies and Indian Crafts

Thursday, 19 July 2018

What is the role of government for women and sanctioned classes of handicrafts ?

A women empowerment plan is always necessary in India in about every sector. In handicraft industry, almost 23 crore implementation plan was allocated for the scheduled caste sub plan in which approximately 10 crore rupees have been invested on the fiscal year 2017-18. Approximately 30 crore rupees have been implemented on the welfare of tribal areas.
The implementation project has been implemented successfully in the following states like - Maharashtra, Jammu & Kashmir, Madhya Pradesh, Bihar, Telangana, Andhra Pradesh, Uttrakhand & Tamil Nadu. The handicraft sector is operated mostly by SC/ST and tribal caste people. Most of them are weavers and handlooms.
Approximately more than 45 lakh artisans are belonging to the scheduled castes and tribes. Government is providing the following type of financial support for the facilities like - modernization and upgradation of technology, input support, marketing support, publicity and exhibitions, infrastructural support, research and development etc.
There is programmes especially for women empowerment also implemented in handicraft industry because 70% workers of textile industry are women from India. They are directly or indirectly associated to the textile sector for their standard of living. There is more than 50% women attached to the wool and silk industry.

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Wednesday, 18 July 2018

What is the scope of ERP in industry 4.0 ?

There are 4th generation of industrial revolution which is in the progress. The industrial revolution was started in at the end of eighteenth century in which the machinery production was emphasized instead of manual work. The machinery production was progressed by water and steam.
In the second phase this mechanism was in trend and today’s industrial revolution is passing through in the IT infrastructure and dude ! today is 21st century where all the manufacturing process is going through the cyber physical systems.
Today’s complete process of production planning is connected through many entities like - finance, customer, sales, inventory, HR, shop floor execution and vendor management. The proper planning of production depends upon the proper integration of ERP software.
The concept of industry 4.0 has many characteristics like -
  • machinery to machinery communication
  • machinery to material communication
  • real time integration
  • proper integration facilities
role of ERP in support of industry 4.0 -
  • reducing lead time
  • reducing data processing time
  • producing cloud data management facilities
  • communicating raw material and processing equipment
  • integrating customers and suppliers   
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by - university management software

wooden cabinet with drawers

Tuesday, 17 July 2018

What is the scope of wooden industry in India ?

The wooden timber is always high scoring on all of the parameters - durability, climate resistance, availability and sustainability. Our Indian wood store is always needed to have good human supervision and management for its long time survival.
There is also needed to leave carbon footprint in the local and global environment to reduce global warming as well to fulfill the requirement for wood in kitchen needs. Wooden furniture is always helpful in radiating warmth in balance, adding natural beauty to your home.
There is a growing need of the wooden timber in fashion in next five years.  This industry is growing at the rate of 30% and there will be 2 million artists attached to the woodworking industry. The kitchen industry is worth of more than 3 million dollars. So the industry of wooden handicrafts will be at its peak.
There are many factors which can affect the wooden manufacturers - work expertise, production process complexities, shipping and delivery complexities, raw material, customer preferences and most important - innovating new designs in wooden handicraft items etc.
India has the biggest challenge to remove the need to import the wooden furniture from the major competitor countries like - Italy, China, Korea, Malaysia, Indonesia and Japan. There is needed to accelerate the growth of the Indian furniture trends and lifestyle.

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by - college ERP company - Dreamteam Technologies
handicraft furniture online company - Indian Crafts
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Monday, 16 July 2018

What are the new modules required for the ERP industry in manufacturing ?

module requirements -
supplier payment system - A cross-checking able payment supplying system is required for the proper use of resources, calculate the cost of material and price per product.
Barcode integration system - It is required for the at the time of shipping of material. Proper shipping of material is properly handled by recognizing its barcode.
Quality assurance system - It is the system and group of procedures that are required for matching the existing product quality standards with the ideal product quality standards.
Sales management module - It is required for the proper quotation generation, converting quotation into the sales order, handling customer databases, managing contact of partners and affiliates etc.
Purchase management modules - It is required for managing the data of suppliers, creating partner and product categories, creating email templates, reception analysis etc.

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Saturday, 14 July 2018

What is the new challenges in front of the ERP vendors in 2018 ?

2018 is the year of the cloud technology which can transform the ways of people for doing the businesses. Customers are expecting to get more benefits from the analytics capabilities of a cloud ERP software.
Today ERP vendors should have the visibility control on the ERP software and they should have the control on the complete project life cycle phases, so that it can be understood that where the project is going risky or over budgeted.
To develop artificial intelligence in the organization, companies should adopt the strategy of feedback loop so that after learning from the mistakes, incremental changes can be performed easily. It helps in cutting the financial and accounting costs.
Some big ERP vendors also develop the applications and advanced analytics But it is applicable only in the specific business areas. Most businesses are not even ready to invest in this sector. So it can be said that the business future of these big ERP vendors is in danger.
In big businesses, there is a CPM system (corporate performance management system) to manage the complex ledgers and accounting systems so ERP vendors have the need to develop these CPM systems to remove the accounting complexities.   

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