Business Blog

It is still evident that many SMEs in Singapore are using manual process in managing their supply chain. These manual processes are likely to result in a lack of control and inventory problems as logistics costs increase, and suppliers’ networks become more regional.   The use of cloud-b....

Whether you are an operations manager, business owner, or a finance professional, it is imperative that you learn about procurement in order to operate a cost-effective and compliant business. Procurement is not simply about buying things. It is a strategic activity that can make or break your bottom line.  This guide reveals “what is pr....

For many manufacturing businesses, the cost of production is among the most crucial figures of the business. It has a direct influence on pricing, profitability, and competitiveness in the long run. But in most SMEs, an estimate of cost of production or a spreadsheet or an after-the-event accounting report is used- often many weeks after the damage....

Production Management Software helps manufacturers plan, schedule, execute, and track work across the shop floor with greater clarity and control. The utilisation of spread sheets or manual updates is still common among many SMEs, and this introduces bottle necks and more chances of error. Co-ordination can be quite challenging because the teams o....

Inventory management has been more challenging in Singapore because of cost increases, labour shortages, and multichannel operations, which make it more challenging for SMEs.  The use of stock control software automates stock tracking and maintenance of optimal stock levels, as well as minimizing the cost of operation. The selection of an appropri....

Service, it is not just a support activity in the current competitive business environment, it is an important tool of operation that makes or breaks customer relations and bottom-line performance. In the case of small and medium enterprises (SMEs), the dilemma is simple: how can you offer excellent service and control costs, at the same time, coor....