The small and medium businesses (SMEs) form the most important building blocks in the economic growth of any nation. According to CII, SMEs account for nearly 30% of India’s GDP, employing nearly 460 million people. The sector also forms up to 33.4% of India’s output in the manufacturing domain, employing around 120 million Indians. As […]
With the world running on binary, IIoT has become an imperative tool for modern business strategies The definition of productivity has evolved over time. At the end of the last millennium, good productivity meant workers dedicatedly spent their time on the task in hand, with favorable results. With steel replacing flesh and blood in many […]
Businesses across the globe are feeling the adverse effects of COVID-19. Particularly, for manufacturers and OEMs it poses a brand-new challenge, they had not planned for. On one hand, marketing budgets are shrinking as a result of the overall slowdown and on the other hand, this could act as a potential opportunity to maximize reach […]
For any industry, be it of any size and type, the most important asset is its people. As the number of people working for an organization continues to grow twofold, it becomes a challenge for the organization to manage them and also keep the process running efficiently and smoothly. To overcome this challenge, a perfect […]
Sales or field force automation has always faced strong resistance from all levels, be it the upper management or the sales representatives. The word ‘automation’ triggers a sense of pessimism and an inclination to stay put with the old orthodox way of getting things done. The upper management refrains from tinkering with their old ways […]
Market insights help businesses, organizations and individuals to make informed and better choices. The more precise the research, the better it is to make strategic plans for the future and better equipped it will be to adapt to the evolving nature of the business environment. The following are the ways market insights help you to […]
Fast-moving consumer goods (FMCG) companies are turning towards technology to bring down challenges and not missing out on any opportunity in this fast-evolving marketplace. For FMCG companies, it is of paramount importance that there are zero stock-outs at the retailers and the new products are made available right away through the inventory. An efficient network […]
Sales Automation fails in the dairy industry mainly because of the following reasons – Perishable Life Of Dairy Products – Dairy products have a very low shelf life and require special cold storages and demand to be sold out as early as they are produced based on the FIFO method. The dairy industry is vast […]
The shelf life of milk & dairy products is much less as compared to other products from the FMCG domain. Since, dairy industry products like milk and milk products such as curd, buttermilk, etc. are perishable items, there is a brief window time to move these products out from inventory, these products require to be […]
Secondary sales in the automobile industry are becoming a bigger challenge day by day. The manual processes and inefficient data gathering systems have started plaguing these large organizations. They have become a great challenge for automobile companies to grow and ensure maximum profits in this competitive market. In this article, we will discuss how the […]