Agree it or not, the world of logistic service is complex. Firms related to logistic management work extremely hard to enhance inventory management, optimize transportation and to perform effective delivery systems. After all this, there could always be a troublesome situation that impacts the supply chain system. But it is horrifying when I realize this
This article was first posted on Nasscom Community A 280-person group poll found that 1 in 5 goods do not satisfy the needs of the client, underscoring the significance of having a strong product manager. Building a product is not a one-time event but a continuous process that requires precision in resource expenditure. Similarly, a product team
This article was first posted on Nasscom Community. “Did you know that Customer Success in Digital Age can increase Customer Lifetime Value by 30% and reduce churn rates by 37%, enhancing revenue stability and cost efficiency? Albert Einstein once said, “Strive not to be a success but rather be of value.” While this statement fits
An effective project manager (PM) is the foundation of every successful project. Despite the misconception that project managers are simply responsible for reminding everyone of deadlines and scheduling status meetings, this is not the case. To perform these tasks effectively, they need to deeply understand the five phases of project management life cycle, which can
Are you interested in learning how project managers can use no-code apps? If yes, you have come to the right place 🙂 How much time do you spend on spreadsheets daily? How much is spent on planning and tracking project activities? Now, calculate the time spent per week and month. Too much time, isn’t it?
The financial management system is one area where every industry struggles to define its financial strategy. Having ineffective financial processes and improper practice of monetary management will lead to debt and bankruptcy. The Financial management process encompasses diversified activities, such as financial stability, sustainability, and growth. In this blog, you will explore the core concepts
In the current business landscape, collaboration and integration are increasingly important. As businesses develop and grow, every department needs to work together to meet business goals. This can lead to complicated business processes that cause confusion and result in lost time and resources. Business process management (BPM) can help businesses avoid these issues and lead
Tasks such as getting approvals, onboarding new employees, and documentation of business processes can seem mundane. Doing them occasionally may not be a problem, but the trouble begins when they become regular. These everyday tasks can take up most of your time and energy. Fortunately, you can save 30% of your time by automating such
It does not make sense for you to keep doing mundane tasks when automation is on the rise and can potentially reduce your workload. Whether it’s sending out meeting reminders or obtaining documents, all such administrative tasks can be automated with the help of a business process management solution. Now there are multiple BPM tools
The practice of business process improvement (BPI) involves discovering, mapping, documenting, analyzing, and redesigning a business process to enhance efficiency and effectiveness. Every business owner has to deal with hundreds of business processes. Many of them are repetitive, such as demo calls, marketing campaigns, and reports on sales activities. Millions of dollars in revenue can