ERP system in Singapore

1. Avoid the “Everything Is Easy” Sales talk If you have gone through an ERP sales talk, and absolutely everything you’ve asked for is “easy” and won’t be a problem, be wary.  I have almost never gone through a sales cycle where there were ZERO risks.  If the salesperson makes it sound a little too good to be true … it probably is.  There are a number of areas here where control of your ERP costs can completely fall apart. Typically it occurs when the salesperson meant "we can customize [...]

Continue Reading

Managing a pharmaceutical company is far from an effortless task, especially as it’s one of the most complex and highly regulated industries of today. We’ll take a closer look at how important is ERP system for pharmaceutical distributors. As with most other industries, pharmaceutical companies are also expected to continuously increase their productivity, streamline their operations and optimize their competitive advantages. However, it’s not effective to oversee and handle this all manually. Rather, modern pharma companies are now deploying ERP solutions to assist with processes such as sales functions, batch production, quality assurance, [...]

Continue Reading

MES system is a set of production information management systems for the executive level of the manufacturing enterprise workshop. MES can provide companies with manufacturing data management, planning and scheduling management, production scheduling management, inventory management, quality management, human resource management, work center/equipment management, tooling management, procurement management, cost management, project kanban management, production Management modules such as process control, bottom-level data integration analysis, and upper-level data integration and decomposition, it creates a solid, reliable, comprehensive and feasible manufacturing collaborative management platform for the enterprise. MES and ERP The MES system [...]

Continue Reading

Even before trying to find a good eCommerce solution provider, selecting the proper eCommerce platform for your store should be the first step. Imagine the loss of your time, if you start finding the solution provider, spend time and energy, and later realize that the vendor does not offer the right solution match you require for your business.  At the same time, there are occasions where merchants are confused and don’t have clear visibility as to which solution is the right one to choose. In cases, consulting a reputed eCommerce [...]

Continue Reading

Give employees real-time insights into inventory When you offer accurate and timely insights into inventory from anywhere and on any device, all of your employees benefit. Sales teams have instant insight into actual inventory, enabling them to answer questions quickly and set customer expectations. Manufacturing teams get visibility into raw materials, WIP and parts across the whole organization including multiple warehouses and shop floors. Front office employees can search for opportunities to reinforce customer relationships and increase sales. Accelerate shipping times with faster picking Faster picking means better turnaround times [...]

Continue Reading

Seamless Material and Inventory Management The material wastage at various levels of inventory negatively impacts business profitability. The pharma manufacturers getting to reduce the value required. Pharma ERP solution helps in controlling material wastage and monitoring inventory levels. It helps to understand the fabric required for the assembly, sets goals, makes targets for procurement and replenishment, and displays material management which helps in inventory level optimization that ultimately reduces the wastage to an extent. Document Management In the highly regulated industry, it’s vital to take care of a record of all the info and [...]

Continue Reading

Your ERP system is the backbone of your organization. It stores all your data, records the details of your operations, and automates your processes. It breaks down silos and streamlines communication and collaboration between departments. It allows the company to operate out of one central, unified database.   However, it may not have the power to translate your data into actionable insights on its own. While your ERP system can easily collect data and consolidate your information, it is a business intelligence solution that helps companies make sense of that data and transform it into useful [...]

Continue Reading

E-commerce for construction may not affect the immediate survival of your company, but going forward, it will be an important part of your strategy. Traditional business methods may be effective, but they will allow you to remain relevant only if other construction companies continue to use them too. Digitization is becoming more mainstream even in traditional industries, and customers realize that they have power and choices. They want fast and efficient service with transparency. You have to keep your customers if you are going to keep your business. Also, a [...]

Continue Reading

Ecommerce—long recognized as a force for change within the world of consumer purchasing—is starting to spread its wings. After fundamentally changing how people research and consume, quadrupling in sales in 8 years (from $1T in 2012 to $4.1T in 2020), the accessibility, convenience, and personalization that Business-to-Consumer (B2C) ecommerce offers have changed buying behavior across the range. That behavior is now bleeding into the B2B buying process also. Is your business keeping up? Here are some quick stats: According to a 2019 Amazon report, Business-to-Business (B2B) ecommerce within the U.S. [...]

Continue Reading

An ERP is one of the best ways to facilitate compliance because it increases the visibility, security, and traceability of your data. Not only will it reduce the time spent on tasks that can be automated, but it means you can rely on your data when it comes to audits and proving compliance. We show you five simple ways that ERPs can help improve compliance by streamlining your processes as you scale and grow. You have more control over your data and can retain historicals, all within a single system. [...]

Continue Reading

Implementing an ERP System is a big move for any organization. It includes more preparation, financial resources, and change management. For any substantial purchase that needs a a significant upfront investment, ongoing maintenance is critical to make sure the product’s sustainability for years to come. Some of the things that users can do to make sure that things are running smoothly. Periodically, there are issues that should be brought to the attention of a professional. Whenever something was not going appropriate, it should be noticed quickly to avoid the problem escalating down [...]

Continue Reading

If you are, you're not alone. you would like to believe in transforming your business to the modern age. Of course! Cloud computing can cut costs and boost efficiency, but that’s not all. It’s changing business as we all know it. Learn why it’s time to reframe your thoughts on the modern cloud. It is taking your servers and your IT Infrastructure to the 20th century. it's taking your accounting software from within the office to within the cloud. We all realize the cloud, we all know we'd like to [...]

Continue Reading

Digital transformation, marrying the right technology with the right processes, can make your manufacturing business more efficient and subsequently more profitable. Increased capabilities also will make your business more valuable to your customers, who will reward you with their loyalty. One of the best tools for transforming your manufacturing business is a fully integrated, cloud-based ERP (Enterprise Resource Planning) system. A solution that combines financials and customer data, as well as management tools for all aspects of your manufacturing business, will be a game-changer. Supply Chain Management: The ability to [...]

Continue Reading

Are you contemplating upgrading or purchasing a replacement ERP (Enterprise Resource Planning) solution for your business? Wouldn’t it's great to possess one that, right out of the box, did everything you'll imagine, and more importantly, everything that your business requires? No one ever wants to spend overtime and money on customizations. In fact, outdated or dysfunctional customizations are a reason companies search for a replacement ERP system within the first place! But a replacement ERP system that doesn’t do what you would like it to try to are going to [...]

Continue Reading

With cloud hosting growing explosively within the short time-frame that has, there's some confusion around the primary cloud deployment models, especially for businesses that are just getting started. And understandably so. With such a lot of buzz and emerging terminology, things can get confusing pretty quickly. It doesn't help that some sources provide conflicting information. To help businesses understand the differences between these models, that gives a really simplified check out the 4 primary cloud deployment models. While the technical aspects of every one of those models are often discussed [...]

Continue Reading

Online-to-offline commerce is a business strategy that is a customer journey that has both online and offline phases. Online-to-offline commerce (O2O), identifies customers in the online space, such as through emails and internet advertising, and then uses a variety of tools and approaches to entice the customers to leave the online space. An example of such a journey would be a buyer searching for a product online, visiting a warehouse or showroom to view the product and then buying it on location or ordering the product online. Chances are you [...]

Continue Reading

Everyone knows why web stores love mobile: phone and tablet-toting customers can swipe, browse, buy, and bookmark more for later, all while standing in line for the bus. Here are three urgent reasons your B2B web store needs to go mobile… now. Orders Aren’t Everything Let’s start with the myth that mobile’s main strength is the B2C impulse buy. Even if your B2B clients aren’t placing orders from their phones, they still use mobile in their personal lives just like everyone else. They open and answer emails, browse ads, and [...]

Continue Reading

Some of the key areas project teams are challenged with involved areas such as managing demand planning and forecasting; integrating customer orders via EDI, and streamlining warehouse management to name just a few. In general, CPG firms to keep in mind the following guidelines: 1. Process automation: Look for features and functions of an ERP system that takes out reliance on manual intervention and siloed spreadsheets, so the team is better positioned to deliver new products quickly and more cost-efficiently 2. Full Integration with CRM: Be sure the ERP system provides [...]

Continue Reading

Clear, Cross-Organizational Process Visibility Many small and mid-size manufacturers use accounting software as their main method of managing what’s going on in the organization. The problem with this approach is that, although valuable, accounting software won’t provide the clear, cross-organizational view necessary to help decision makers respond to current and future demands. A well-integrated ERP application, however, can provide insight into customer purchasing history, real-time sales order processes, and production levels so decision makers can respond quickly to changes in customer demand or in general market conditions. Flexible Production Scheduling [...]

Continue Reading

Cloud systems have been rewriting the rules of how distribution business is conducted. When the margins are low and the efficiency needs to be high, cloud solutions seem like the natural and intelligent options to migrate to. Here are some of particular to distributors from cloud-ERP systems: Instant Dashboards Real-time updates and greater in-depths into the supply chain promote transparency, tighter control, and reliability. This ensures that stakeholders and decision-makers get a holistic view of what’s happening on the ground. Efficient inventory With greater visibility comes greater control. This is [...]

Continue Reading

Whether you recognize it or not, you're already engaged in enterprise resource planning. Any time you check out the way to get the foremost out of your software, your equipment, or your people, you're working with resources and trying to plan for his or her best application. ERP management software provides a strong tool that helps you are doing this more efficiently. The software available can vary widely in usability and functionality, but you'll expect any ERP system you employ to perform a couple of basic functions. 1. Accounting Management [...]

Continue Reading

Centralization of Accounts and Contacts Both CRM and ERP software systems store detailed information on customers (including contact information, order history, and billing/shipping details). By integrating the 2 solutions, you can see all the details for one account in one location, rather than having to look at the same account in the two different solutions. This will also save time on data entry. Instead of updating accounts/contacts in both systems, you will only have to do so in one centralized location. Reduction of Data Duplication If you’ve ever used an [...]

Continue Reading

Business Intelligence The use of business intelligence for ERP systems can be a tool to produce strategic leverage. Business intelligence can be a milestone for good ERP systems as its usage goes well beyond compiling reports. With companies investing in AI-based applications, it’s imminent for ERP systems to integrate with artificial intelligence and machine learning techniques. AI-based ERP systems will have an advanced analytics tool with a great flow of automation and intelligent interfaces. Consumerization Social media platforms and its extensive uses have forced enterprises to use innovative ERP systems, [...]

Continue Reading

Joined Up Thinking With ERP in place, departments are no longer cut off from one another with their data locked away into separate systems. Common business processes can now progress smoothly from one department to another without the need to re-enter data or search manually for information. With an ERP system in place, all the relevant data is readily available and mistakes are drastically reduced. Better Management  With an ERP system designed for small to mid-sized businesses, you get clear visibility across departments and a single source of data truth. [...]

Continue Reading

Enhanced Functionality The functionality of the ERP system is distinct for every sector. Also, it cannot address every requirement of the business. As a result, organizations often integrate additional systems to augment the ERP. However, a number of the external systems are not incorporated adequately into the core systems, and organizations fail to reach complete optimization. The ERP systems should be implemented in such a way that there is room for further upgrading, while also ensuring cost-effectiveness. To achieve optimum results, organizations got to possess foresight about the changes in [...]

Continue Reading

Inconsistent data entry. Example: Some vendors are numbered VE.XXXXX and others are numbered VEND.XXXXX, while the addresses have been entered in all upper case for some and in a proper case for others. Duplicate data. Example: Customer "AAA" Inc has been entered into the system three different times, each with slightly different naming/numbering conventions or address formatting. Typically, all three of those customers now also have associated posted history. Orphaned transactional data. Example: A multitude of old purchase orders are “stuck” in history, dating back years because they cannot be [...]

Continue Reading

Flexibility Perhaps some people remember the stacks of files on their desks. At that time, people sacrificed half of their working day to find the information they were looking for. In addition to the loss of time, we should not forget the archive rooms full of files. With this cloud environment that puts an end to all this and gives an incredible advantage, businesses no longer have to sacrifice time and space. If we evaluate the situation in terms of mobile ERP, we can say that the cloud provides convenience [...]

Continue Reading

You are not alone. Every business, no matter you are in China, Singapore, Vietnam or any other countries, possesses her own uniqueness. In the old days, standardized ERP systems did have the notorious pitfall of expensive customization fee and lengthy localization process. However, it is no more a problem for M18 ERP. Hong Kong, hosting one of the largest MNC headquarters community in the world, nurtures Multiable as an ERP system vendor with global vision. M18 ERP is widely adopted in different parts of the world like Bangladesh, China, Hong Kong, Malaysia, Singapore, Taiwan etc. Powered [...]

Continue Reading

Yes, you do need ERP. In fact, many small business or midsize companies (SMB) are drowning in spreadsheets, manual processes, and bad information from disparate solutions, so obviously not only large global enterprises need ERP. In this fast-moving world, accuracy and efficiency are very important for business and an ERP system is a reliable solution. Since different companies have different requirements for ERP systems, and new demands always appear during the business expansion process, therefore in the past you may need to spend extra money to upgrade ERP software. As a result, the operating costs will inevitably increase. [...]

Continue Reading

Yes, absolutely, ERP is important for business. An ERP system has a database on its back so that every staff can share a single source of truth in daily operation by using enterprise resource planning applications built inside. It helps you eliminate information silos between departments. The system can automate your core business processes and accomplish a consistent management. ERP helps you ensure regulatory compliance, reduce risk, fast-track reporting …etc. Multiable ERP will be your excellent control model in fulfilling the innovation and development requirements of your business.

Continue Reading