Retail

Top 4 ERP Inventory Management Best Practices

What is inventory? Inventory can be anything that has a financial value. It can be a product or a service. It is anything and everything that goes on your sales order or purchase order. Now, the second task is to manage your inventory efficiently. Before you know about efficient ERP inventory management best practices, let’s …

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Top 10 TMS Systems In 2024

What exactly is a TMS system? The interpretation can vary depending on who you ask. In the transportation and 3PL sectors, a TMS essentially functions as their ERP, overseeing up to 90% of their processes. Historically, TMS packages excluded accounting, relying on external accounting software like Sage or Microsoft GP. With the advent of cloud-based …

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Top 10 Reasons For Retail Transformation Failure

Top 10 Reasons for Retail Transformation Failure

Most retailers understand the benefits of digital transformation. They are also good at crafting strategies for such initiatives. However, when it comes to execution and getting results with these initiatives, they struggle. And often result in retail transformation failure. But why? The short answer is misalignment. Misalignment between strategy and execution. Misalignment between business and …

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Top 15 Retail Digital Transformation Trends In 2024

Top 15 Retail Digital Transformation Trends in 2024

Though 2023 wasn’t stellar for retailers, the silver lining is that it wasn’t as dire as predicted. The outlook for 2024 remains uncertain, but a rebound is on the horizon. With renewed economic confidence, retailers are poised to invest parked cash in delayed retail digital transformation trends. Artificial intelligence will emerge as a pivotal trend …

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Top 10 HCM Software In 2024

Top 10 HCM Software In 2024

HCM software holds a unique position in the architecture. Although some believe ERP should encompass HCM processes, regulatory challenges necessitate a dedicated HCM system. Smaller companies may initially rely on payroll software. However, as they grow, the complexity of HR demands sophisticated HCM solutions to navigate compliance and regulatory issues. Notably, the confidentiality requirements for …

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Top 10 Digital Transformation Roles

Top 10 Digital Transformation Roles

Looking for an ERP consultant who might be able to answer every question you might have? Well, unfortunately, just like different skill sets exist in a house construction project, ERP projects are no different with their need for digital transformation roles and skill sets. In fact, at a much bigger scale. Also, the more components …

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Top 10 Recommendations for Digital Transformation in 2023

Top 10 Recommendations for Digital Transformation

Who would not like to find the “secret” recommendations for digital transformation? Unfortunately, with enterprise-wide transformation projects, there is no checklist that can be followed. These projects require careful preparation and alignment of several areas. And they all, collectively, drive the success of your digital transformation projects.  Also, with enterprise transformation projects, technology alone can’t …

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Top 15 Reasons For Digital Transformation Failure

Top 15 Reasons for Digital Transformation Failure

Most executives are afraid of digital transformation. And I don’t blame them–with the amount of undertaking required for such projects. Not to mention that it took a long time for companies to understand – that digital transformation projects are not meant to be technology projects (The initiatives that developers can code in their backyard. The …

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Top 15 Digital Transformation Trends in 2024

2023 didn’t turn out to be the year we expected. It was full of ups and downs. While some positive indicators suggest promise for 2024, ongoing uncertainty is anticipated until a potential interest rate decrease in H2 of the following year. This uncertainty is poised to directly influence digital transformation trends, leading CFOs to adopt …

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Top 10 ECommerce Platforms In 2024

Top 10 ECommerce Platforms in 2024

While many associate digital eCommerce platforms with coupons scattered across websites, the scope of digital commerce extends beyond that perception. Even if your transactions don’t occur online, your website’s contact form serves as a digital commerce element, acting as a vital source for lead acquisition. Complete traceability of customer journeys depends on robust digital commerce …

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2024 Digital Transformation Report

This digital transformation report summarizes our annual research on ERP and digital transformation trends and forecasts for the year 2024. 

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