Order to cash

Order to cash The order-to-cash cycle starts with receiving a sales order executing the order and getting the payment against it. The sequence of events is as follows : Capturing the order along with the details of the items, quantities, rates, delivery terms, etc Running a credit check for the party/order, before starting execution of the order. This would involve …

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Top Supply Chain Challenges in Pharma Industry 2023

Top Supply Chain Challenges in Pharma Industry 2023 The pharma industry typically sells through a distribution network of CFAs (clearing and forwarding agents). They are responsible for managing the logistics, maintaining stock, etc. They provide services to the distributors on behalf of the company.  These CFAs are located region wise. Most pharma companies in India have atleast 1 CFA in …

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Oil and Gas Equipment Manufacturer

Oil and Gas Equipment Manufacturer The company is a heavy engineering company, with clients in India and across the world.The company undertakes project work which takes around 3 months to manufacture and deliver. Manufacturing has to be executed under very strict processes and material compliance and the company has to furnish all records to validate its claim. The industry is …

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Integrated, Paperless, Workflow – The Jargons of an ERP Software

Integrated, Paperless, Workflow – the jargons of an ERP software This pandemic situation has created multiple offices out of a single office. Each person working from home has set up an office. These multiple offices have slowed down the work and in many cases brought a lot of work to a standstill. What with all your work related stuff being …

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ERP for Pharmaceutical and Food – Part 1

ERP for Pharmaceutical and Food – Part 1   A standard ERP solution supports accounting, finance areas, but they are unable to meet the needs of pharmaceutical companies when it comes to manufacturing, inventory , sales and purchasing. This is mostly true as “standard” ERP applications were designed for discrete manufacturing, instead of process or batch manufacturing. If you are …

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Customer Driven Innovation

Customer Driven Innovation Some of the best innovations come from listening or observing, especially how your customers use the product or service. Remote capture in Vision is one such feature driven by customer feedback. Vision – our cloud ERP for the SME industry has a feature by which users can upload images, documents and other attachments to a transaction or various masters. …

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ERP for Pharmaceutical and Food- Part 2

ERP for Pharmaceutical and Food- Part 2 Recipe management There is a misconception that BOM and Formula/Recipe are interchangeable terms and BOMs can be used in the process industry. Pharmaceutical and food production cannot be based on a simple Bill of Material or a Bill of Quantity concept. The manufacturing is more like a recipe in which material can be …

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