What is AI in the Food Industry? | Meaning, Benefits And Examples
What is AI in the Food Industry? AI in food industry is the use of artificial intelligence technology and robotics to set new standards of
Category: ERP Blogs
What is Days Inventory Outstanding? | Definition, Formula And Benefits
What is Days Inventory Outstanding (DIO)? Days Inventory Outstanding (DIO) is an inventory liquidity metric that denotes the average number of days a company holds
What is the Bullwhip Effect? | Meaning, Example And Impact
What is the Bullwhip Effect in Supply Chain Management? Bullwhip effect in supply chain management is a phenomenon where a small variation in demand at
What is Inventory Holding Costs? | Meaning, Calculation & How to Reduce
What is Inventory Holding Cost? Inventory holding costs are the various costs a business incurs to store unsold inventory in a warehouse, which includes raw
What is Push and Pull Strategy in Manufacturing? | Meaning, Advantages And Examples
What is Push and Pull Strategy in Manufacturing? Push and pull strategy are two distinct manufacturing systems that help determine when the goods need to
What is a Product Portfolio? | Meaning, Types And Examples
What is a Product Portfolio? Product Portfolio is a high-level overview and a collection of all the products offered by the company, along with other
What is Minimum Order Quantity (MOQ) | Meaning, Formula And Benefits
What is MOQ? Minimum Order Quantity (MOQ) is a limit imposed by manufacturers on the minimum number of units or the total order value of
What is Salvage Value? | Meaning, Benefits And Formula
What is Salvage Value? Salvage Value (also called Residual Value or Scrap Value) is the estimated worth or the estimated resale value of an asset
Indian Accounting Standards: A Complete Overview on IND AS
What Are Indian Accounting Standards? Indian accounting standards Ind AS are a series of accounting principles developed along the lines of International Financial Reporting Standards
How ERP for GCC (Global Capability Centers)
What is an ERP for the Global Capability Centers (GCC)? ERP for GCC is a data-driven solution that addresses the unique operational challenges faced by