Blogs

Blogs
by dhyeycspl

Innovation Partners – Higher chances of Innovation Success

Business environment are globalized. This increases the complexity and dynamics of the market. Innovation is how a business stay competitive and collaboration can make innovation easier and more successful. Companies no longer develop innovations in house. They are increasingly opening up their innovation processes and experimenting with different “open innovation” approaches. Companies often work with […]

Object Conversion (C/AL to AL) & AL Compilation

This tool allows you to take existing Dynamics NAV objects that have been exported in .txt format and convert them into the new .al format. The .al format is used when developing extensions for Dynamics 365 Business Central. Converting the objects consists of following two steps: Exporting the objects from C/SIDE in a cleaned format. […]

GST Liability Adjustment

In this blog, we will be explaining how we show GST Adjustment procedure, also we will be the showcasing the repercussion effect of it. GST in now counted on invoice instead of payments. In Reverse charge service invoices, GST liability arises the date immediately following 60th day from date of issue of supplier invoice if […]

Dhyey Consulting as a sponsor at Directions Asia 2020

Dhyey Consulting Services Pvt. Ltd. is a bronze sponsor for Directions Asia 2020 event which is going to be held in Bangkok from 2nd April to 3rd April 2020, it would be fourth edition specifically designed for Dynamics 365 Business Central and NAV Partners. Directions Asia focus for this year would be how Microsoft SMB [...]

MANAGING MAINTENANCE TO REDUCE PRODUCTION BREAKDOWN

It is a known believe that the best business is one that earns the highest revenue. The purpose of a company is to generate maximum profit. The best way to increase the profit is to reduce the costs, be it through economies of scale or by cutting the operating costs. One smart way of reducing […]

Happy Holidays!

“The Christmas presents once opened are Not So Much Fun as they were while we were in the process of examining, lifting, shaking, thinking about, and opening them. Three hundred sixty-five days later, we try again and find that the same thing has happened. Each time the goal is reached, it becomes Not So Much [...]

Discrete Manufacturing

Discrete Manufacturing consist industry that deals into assembling things and making things that are exact. Product in Discrete Manufacturing is made by sequential steps in the same process. Discrete Manufacturing contains industry like Machine Manufacturing, laminates, Engineering industry, and various others. Their main problem lies in creating complex multi-level BOMs serial no, ECN and maintaining [...]

Advance License Management

Advance license management Import Raw Material management against advance license management advance license credit tracking include: Features Warehouse ManagementSupply Chain Management Products Microsoft Power BIMicrosoft Dynamics AX/Dynamics 365 Finance and OperationsMicrosoft Dynamics NAV/Dynamics 365 BC Add-ons Weighbridge IntegrationIndent ManagmentProof of DeliveryAuto SMSExport Import ManagementEmployee PortalVendor PortalCustomer PortalBarcode SolutionQAPayrollPlant Maintenance Partner Add-Ons MobileNAV Case Studies Leading [...]

Non Confirmation(NCR) and 8D Reporting

non confirmation Report(NCR) Management 8D - eight dimensions discipline management include: Features Warehouse ManagementSupply Chain Management Products Microsoft Power BIMicrosoft Dynamics AX/Dynamics 365 Finance and OperationsMicrosoft Dynamics NAV/Dynamics 365 BC Add-ons Weighbridge IntegrationIndent ManagmentProof of DeliveryAuto SMSExport Import ManagementEmployee PortalVendor PortalCustomer PortalBarcode SolutionQAPayrollPlant Maintenance Partner Add-Ons MobileNAV Case Studies Leading transformer component manufacturer and supplierLeading [...]

Vendor rating

Vendor/Supplier rating   include: Features Warehouse ManagementSupply Chain Management Products Microsoft Power BIMicrosoft Dynamics AX/Dynamics 365 Finance and OperationsMicrosoft Dynamics NAV/Dynamics 365 BC Add-ons Weighbridge IntegrationIndent ManagmentProof of DeliveryAuto SMSExport Import ManagementEmployee PortalVendor PortalCustomer PortalBarcode SolutionQAPayrollPlant Maintenance Partner Add-Ons MobileNAV Case Studies Leading transformer component manufacturer and supplierLeading Bearing manufacturer and Exporter from GujaratLeading Laminates [...]

Serialized inventory tracking and linkage of BOM components with sales order

Serialized Inventory tracking linkage of BOM components with sales order service team can track component detail through sales order linkage include: Features Warehouse ManagementSupply Chain Management Products Microsoft Power BIMicrosoft Dynamics AX/Dynamics 365 Finance and OperationsMicrosoft Dynamics NAV/Dynamics 365 BC Add-ons Weighbridge IntegrationIndent ManagmentProof of DeliveryAuto SMSExport Import ManagementEmployee PortalVendor PortalCustomer PortalBarcode SolutionQAPayrollPlant Maintenance Partner [...]

Order status and tracking

Production order status and tracking based on sales order   real time order tracking access to end customer include: Features Warehouse ManagementSupply Chain Management Products Microsoft Power BIMicrosoft Dynamics AX/Dynamics 365 Finance and OperationsMicrosoft Dynamics NAV/Dynamics 365 BC Add-ons Weighbridge IntegrationIndent ManagmentProof of DeliveryAuto SMSExport Import ManagementEmployee PortalVendor PortalCustomer PortalBarcode SolutionQAPayrollPlant Maintenance Partner Add-Ons MobileNAV [...]

Capacity Planning

Capacity planning include: Work Center Machine center load Features Warehouse ManagementSupply Chain Management Products Microsoft Power BIMicrosoft Dynamics AX/Dynamics 365 Finance and OperationsMicrosoft Dynamics NAV/Dynamics 365 BC Add-ons Weighbridge IntegrationIndent ManagmentProof of DeliveryAuto SMSExport Import ManagementEmployee PortalVendor PortalCustomer PortalBarcode SolutionQAPayrollPlant Maintenance Partner Add-Ons MobileNAV Case Studies Leading transformer component manufacturer and supplierLeading Bearing manufacturer and [...]

Simulated Production order for cost estimation

Simulated production order to provide cost estimate to your enquiry   includes Components and Process cost detail include: Features Warehouse ManagementSupply Chain Management Products Microsoft Power BIMicrosoft Dynamics AX/Dynamics 365 Finance and OperationsMicrosoft Dynamics NAV/Dynamics 365 BC Add-ons Weighbridge IntegrationIndent ManagmentProof of DeliveryAuto SMSExport Import ManagementEmployee PortalVendor PortalCustomer PortalBarcode SolutionQAPayrollPlant Maintenance Partner Add-Ons MobileNAV Case [...]

BOM Import from Excel

BOM Import from Excel include: Features Warehouse ManagementSupply Chain Management Products Microsoft Power BIMicrosoft Dynamics AX/Dynamics 365 Finance and OperationsMicrosoft Dynamics NAV/Dynamics 365 BC Add-ons Weighbridge IntegrationIndent ManagmentProof of DeliveryAuto SMSExport Import ManagementEmployee PortalVendor PortalCustomer PortalBarcode SolutionQAPayrollPlant Maintenance Partner Add-Ons MobileNAV Case Studies Leading transformer component manufacturer and supplierLeading Bearing manufacturer and Exporter from GujaratLeading [...]

Dynamic BOM management and Versioning

Dynamic Bill of Material management and versioning history management include: Features Warehouse ManagementSupply Chain Management Products Microsoft Power BIMicrosoft Dynamics AX/Dynamics 365 Finance and OperationsMicrosoft Dynamics NAV/Dynamics 365 BC Add-ons Weighbridge IntegrationIndent ManagmentProof of DeliveryAuto SMSExport Import ManagementEmployee PortalVendor PortalCustomer PortalBarcode SolutionQAPayrollPlant Maintenance Partner Add-Ons MobileNAV Case Studies Leading transformer component manufacturer and supplierLeading Bearing [...]

Maintaining smooth assembly line/Production planning and scheduling

Maintaining smooth assembly line/ Production planning and scheduling include: Features Warehouse ManagementSupply Chain Management Products Microsoft Power BIMicrosoft Dynamics AX/Dynamics 365 Finance and OperationsMicrosoft Dynamics NAV/Dynamics 365 BC Add-ons Weighbridge IntegrationIndent ManagmentProof of DeliveryAuto SMSExport Import ManagementEmployee PortalVendor PortalCustomer PortalBarcode SolutionQAPayrollPlant Maintenance Partner Add-Ons MobileNAV Case Studies Leading transformer component manufacturer and supplierLeading Bearing manufacturer [...]

Subcontracting/Job Work Management

Subcontracting/Job work management include: Features Warehouse ManagementSupply Chain Management Products Microsoft Power BIMicrosoft Dynamics AX/Dynamics 365 Finance and OperationsMicrosoft Dynamics NAV/Dynamics 365 BC Add-ons Weighbridge IntegrationIndent ManagmentProof of DeliveryAuto SMSExport Import ManagementEmployee PortalVendor PortalCustomer PortalBarcode SolutionQAPayrollPlant Maintenance Partner Add-Ons MobileNAV Case Studies Leading transformer component manufacturer and supplierLeading Bearing manufacturer and Exporter from GujaratLeading Laminates [...]

Inventory Management and Tracking

Inventory Management and Tracking include: Features Warehouse ManagementSupply Chain Management Products Microsoft Power BIMicrosoft Dynamics AX/Dynamics 365 Finance and OperationsMicrosoft Dynamics NAV/Dynamics 365 BC Add-ons Weighbridge IntegrationIndent ManagmentProof of DeliveryAuto SMSExport Import ManagementEmployee PortalVendor PortalCustomer PortalBarcode SolutionQAPayrollPlant Maintenance Partner Add-Ons MobileNAV Case Studies Leading transformer component manufacturer and supplierLeading Bearing manufacturer and Exporter from GujaratLeading [...]

Professional Services

Service Industry faces challenges to track inventory, Job work and maintaining a smooth front end sales process along with retail POS. Change in demand from Customers and Market has forced Machine manufacturing to be on their toes and provide the order as per customer requirement on expected date by maintaining inventory and Assembly line as [...]

Retail

Retail Industry faces challenges to track inventory, Job work and maintaining a smooth front end sales process along with retail POS. Change in demand from Customers and Market has forced Machine manufacturing to be on their toes and provide the order as per customer requirement on expected date by maintaining inventory and Assembly line as [...]

Process Manufacturing

Process Manufacturing Industry consist verticals which make product that requires a set of processes to be finished where each process requires certain needs and each process requires certain needs and each process is separated from the other while planning and setting the manufacturing requirement. Process industry consist industry like chemical, paper, pulp, pharma and various [...]

Trades & Distribution

Dhyey Consulting Services Pvt. Ltd.is a Microsoft Gold Partner company having its base location in Vadodara, Gujarat. Dhyey Consulting has expertise and experience for implementing Microsoft Dynamics for trading Industry. Microsoft Dynamics is a global ERP Solution of Microsoft and covers all the need of trading Industry. Microsoft Dynamics cover modules for the trading industry [...]

BI Solutions

Dhyey consulting offer below products as Business Management solution. Dhyey consulting offer Various BI solution for Data analysis with rich GUI Your Name Email Address Phone Number Company Message

Microsoft Power BI

Power BI is an analytical tool of Microsoft that helps to generate reports and get data as per your need. It connects to hundreds of data sources, simplifies data. Prepare and drive ad hoc analysis. Power BI gives the functionality of creating personalized dashboards. Through Power BI you can connect to data and explore data [...]

Microsoft Dynamics Version Upgrade

Microsoft Dynamics  Version Upgrade  Microsoft on regular basis keeps on delivering new features in form of its updated version. These updated versions are provided on regular basis wherein the product is available without any cost and partner needs to upgrade the older version of Microsoft Dynamics to New Version. Upgrade must be done by dedicated and experienced team as many [...]

Microsoft Dynamics Re-Implementation

Microsoft Dynamics Re-Implementation  Microsoft Provides global ERP solution in Microsoft Dynamics Family but successful implementation of any ERP depends upon partner and customer mutual efforts. There are various cases where there were glitches in ERP implementation and the end customer is not able to derive results from ERP as per his needs. Thus, these customers go for [...]

Microsoft Dynamics NAV Implementation

Microsoft Dynamics NAV Implementation  Microsoft provides global products in Microsoft Dynamics family which are made covering all the functionality needed by Industry across the globe. But based on need of different localization Microsoft has formed partners who understand need off end customer and have knowledge of Different verticals and provide required functionality as per localization.   [...]

Microsoft Dynamics 365 for field service

Microsoft delivers advanced scheduling, resource optimization and mobile enablement capabilities that set organizations apart by keeping the customer at the center of the business. Field Service, including advanced analytics, machine learning and the Internet of Things’ capabilities, allows field service organizations to move from a costly break-fix model to a never-fail service model.    We [...]

Microsoft Dynamics 365 for Sales

The way customers interact with businesses has fundamentally changed. Today’s customers are connected via mobile devices, plugged into their social network, and doing their own research. They are more informed and have higher expectations. Sales team must adapt to the new customer journey by personalizing every interaction based on customer needs and intent. Microsoft Dynamics [...]

Microsoft Dynamics CRM

Microsoft Dynamics CRM is a customer relationship management software package developed by Microsoft focused on enhancing the customer relationship for any organization. Out of the box, the product focuses mainly on Sales, Marketing, and Customer Service sectors, though Microsoft has been marketing Dynamics CRM as an XRM platform and has been encouraging partners to use [...]

Microsoft Dynamics 365 for Finance and Operations

Microsoft Dynamics 365 for finance and operation is a global ERP Solution of Microsoft and covers all departments and integrate them to help your employees take right decision as it provides 360 Degree point of view analysis and cover all required features and other high-end modules like Sales, Customer Service, Field Service, Finance and operations, [...]

Microsoft Dynamics 365 Business Central

Microsoft Dynamics 365 Business Central is the latest version of Microsoft Dynamics NAV and helps you connect your financial, sales, service and operations which helps to streamline business processes and make better decision. Dynamics 365 BC helps you to digitally transform your business applications by enabling multichannel applications that infuse artificial intelligence (AI) mixed reality, [...]

Microsoft Dynamics AX/Dynamics 365 Finance and Operations

Microsoft Dynamics AX is a global ERP Solution of Microsoft and covers all departments and integrate them to help your employees take right decision as it provides 360 Degree point of view analysis and cover all required features and other high end modules like Ware house management, Demand Forecasting, Product change management, Serial number tracking [...]

Microsoft Dynamics NAV/Dynamics 365 BC

Microsoft Dynamics NAV is a global ERP Solution of Microsoft and covers all departments and integrate them to help your employees take right decision as it provides 360 Degree point of view analysis which includes employee time, resources, inventory to shipping. And cover process cycle of sales to cash, purchase to pay, formulate to produce, [...]

Leading transformer component manufacturer and supplier

Leading transformer component manufacturer and supplier Your Name Email Address Phone Number Company Message

Leading Bearing manufacturer and Exporter from Gujarat

Leading Bearing manufacturer and Exporter from Gujarat Your Name Email Address Phone Number Company Message

Leading Laminates and MDF manufacturer from Gujarat

Leading Laminates and MDF manufacturer from Gujarat Your Name Email Address Phone Number Company Message

Leading Intra Ocular Lenses manufacturer into pharma industry

Leading Intra Ocular Lenses manufacturer into pharma industry Your Name Email Address Phone Number Company Message

Leading EPC Contractor into power Industries

Leading EPC Contractor into power Industries Your Name Email Address Phone Number Company Message

Leading paper and pulp manufacturer from Gujarat

Leading paper and pulp manufacturer from Gujarat Your Name Email Address Phone Number Company Message

Leading Dyes Manufacturing companies from Gujarat

Leading Dyes Manufacturing companies from Gujarat Your Name Email Address Phone Number Company Message

Leading Plastic polymer manufacturer and Supplier from Gujarat

Leading Plastic polymer manufacturer and Supplier from Gujarat Your Name Email Address Phone Number Company Message

Leading Exporter of Food grains from Canada

leading Exporter of Food grains from canada Your Name Email Address Phone Number Company Message

Leading Agricultural Products exporter from Gujarat

Leading Agricultural Products exporter from Gujarat Your Name Email Address Phone Number Company Message

Leading Packaging product Manufacturer from Gujarat

Leading Pakaging product Manufacturer from Gujarat Your Name Email Address Phone Number Company Message

Leading Blower Manufacturer

Leading Blower Manufacturer Your Name Email Address Phone Number Company Message

Leading Packaging Machine Manufacturer

Leading Packaging Machine Manufacturer Your Name Email Address Phone Number Company Message

Weighbridge Integration

Weighbridge Integration

Indent Managment

Indent Management

Proof of Delivery

Proof of Delivery

Auto SMS

Auto SMS

Export Import Management

Dhyey Consulting Services Pvt. Ltd a Microsoft Gold Independent Software Vendor (ISV) and Value-Added Reseller (VAR) partner of Microsoft Dynamics having its presence in Vadodara, Gujarat has developed its own Microsoft certified add-on for EXIM known as EXIM plus which integrates with Dynamics NAV ERP. EXIM Plus add-on of Microsoft Dynamics NAV covers your whole [...]

Employee Portal

Employee Portal

Vendor Portal

Vendor Portal

Customer Portal

Customer Portal

Barcode Solution

Barcode Solution

QA

Dhyey Consulting Services Pvt. Ltd a Microsoft Gold Independent Software Vendor (ISV) and Value-Added Reseller (VAR) partner of Microsoft Dynamics having its presence in Vadodara, Gujarat has developed its own Microsoft certified add-on for QA/QC known as QA/QC plus which integrates with Dynamics NAV ERP. QA/QC add-on of Microsoft Dynamics NAV cover your whole process [...]

Payroll

Dhyey Consulting Services Pvt. Ltd a Microsoft Gold Independent Software Vendor (ISV) and Value-Added Reseller (VAR) partner of Microsoft Dynamics having its presence in Vadodara, Gujarat has developed its own Microsoft certified add-on for payroll management known as payroll plus which integrates with Dynamics NAV ERP. Payroll manager add-on of Microsoft Dynamics NAV cover your [...]

Plant Maintenance

Dhyey Consulting Services Pvt. Ltd. a Microsoft Gold Independent Software Vendor (ISV) and Value-added Reseller (VAR) Partner of Microsoft Dynamics having its presence in Vadodara, Gujarat has developed its own Microsoft Certified add-on for plant and maintenance management known as computerized machine maintenance system which integrates with Dynamics NAV ERP. Computerized Machine Maintenance System which [...]

MobileNAV

MobileNAV Mobile NAV is a Mobile Solutions for Microsoft Dynamics NAV. It causes out of office ERP activities like sales, service and project management. It enables you to track real-time business processes like warehouse and production workflow. The customer can build up his own mobile application and adapt custom modules and even specialized verticals on [...]

BI

We Offer following BI Products  

CRM

Dhyey consulting offer below products as Business Management solution. Dhyey consulting offer Microsoft Dynamics CRM Solution for Various Industries

ERP

Dhyey consulting offer below products as Business Management solution. Dhyey consulting offer Microsoft Dynamics ERP Solution for Various Industries  

Manufacturing Management

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Warehouse Management

Warehouse Management       Dhyey consulting offer below products as Business Management solution. Dhyey consulting offer Microsoft Dynamics ERP Solution for Various Industries

Inventory Management

Your Name Email Address Phone Number Company Message Microsoft Dynamics NAV covers whole inventory management like demand planning, which connect inventory control, purchase and sales order processing and helps to reduce cost, improve cash flow and ensure right stock availability as per need, you can reduce down on-hand inventory by tracking items and expiration date [...]

Purchase Management

Microsoft Dynamics covers all the functionality required by purchase department like requisition management, Purchase Quote Management, Purchase Order Management, Purchase Receipt, Purchase Invoice Management, Purchase Discounts, Purchase Tax/Charge, Purchase Return, Purchase Approval Workflow, Purchase Document Management. Detail functionality of modules covered in Microsoft Dynamics include: Requisition Management: It will be used by purchase to generate [...]

Sales Management

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Project Management

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Customer Relationship Management

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Engineering Change Note(ECN)

Dhyey consulting offer below products as Business Management solution. Dhyey consulting offer Microsoft Dynamics ERP Solution for Various Industries Your Name Email Address Phone Number Company Message

Plant Maintenance

Your Name Email Address Phone Number Company Message

Weigh bridge Integration

Dhyey consulting offer below products as Business Management solution. Dhyey consulting offer Microsoft Dynamics ERP Solution for Various Industries Your Name Email Address Phone Number Company Message

Project management

  Dhyey consulting offer below products as Business Management solution. Dhyey consulting offer Microsoft Dynamics ERP Solution for Various Industries Your Name Email Address Phone Number Company Message

Reporting

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Supply Chain Management

Business Solutions

Standardization is the key antidote to low productivity. Dhyey Consulting Services Pvt. Ltd. Is a Microsoft Gold Partner for Implementing Microsoft Dynamics Products. We are having years of experience in successfully implementing ERP in Industrial vertical and have dozens of clients where we have reduced low productivity by standardizing their interdepartmental process. ERP Machine Manufacturing [...]

Export-Import Management(EXIM)

Customer Portal

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Barcode Solution

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Quality Control

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Resource Planning

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Inventory Management

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Resource Planning

Inventory Management

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Warehouse Management

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Purchase Management

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Service Management

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Manufacturing Management

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Manufacturing Solutions

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Human Resource Management

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Sales and Marketing

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Project Management (Jobs)

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Customer Relationship Management

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Finance Management

Finance Module in Microsoft Dynamics NAV Covers all the component required by the finance department and help the company to manage accounting functions and provide financial reporting of your company, provide access to real-time reporting, provide integration between inventory and production sub-ledgers with the general ledger, reduce manual spreadsheets used for tracking and reporting operational [...]

ERP Extensions

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Add-On Development

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Training

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Version Upgrade

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Support

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Re-Implementation

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Implementation

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Pyramid BI

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ZAP BI

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Quick Report

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Microsoft Power BI

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Microsoft Dynamics 365 for Field Service

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Microsoft Dynamics 365 for Marketing

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Microsoft Dynamics 365 for Sales

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Microsoft Dynamics CRM

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Microsoft Dynamics D365 for Finance and Operation

Your Name Email Address Phone Number Company Message Microsoft Dynamics 365 for finance and operation is a global ERP Solution of Microsoft and covers all departments and integrate them to help your employees take right decision as it provides 360 Degree point of view analysis and cover all required features and other high-end modules like [...]

Microsoft Dynamics AX

Microsoft Dynamics AX Your Name Email Address Phone Number Company Message

Microsoft Dynamics 365 Business Central

Microsoft Dynamics 365 Business Central Your Name Email Address Phone Number Company Message

EPC (Engineering, Procurement and Construction) Project

Dhyey Consulting Services Pvt. Ltd.is a Microsoft Gold Partner company having its base location in Vadodara, Gujarat. Dhyey Consulting has expertise and experience for implementing Microsoft Dynamics for Engineering, Procurement and Construction Company (EPC). Microsoft Dynamics is a global ERP Solution of Microsoft and covers all the need of EPC industry Microsoft Dynamics cover modules [...]

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Industry Solutions

Dhyey consulting has expertise in various industries. since 2010 we serve Microsoft Business Management solutions like ERP, CRM and BI to industries. Dhyey Consulting by Implementing Microsoft Dynamics aims to streamline process and have a detailed knowledge of current status and able Machine Manufacturing company to provide orders as per customer demand. Microsoft Dynamics provide [...]

Business Sol

Department / Features - Products - Our Add-ons - Case Studies - Leading Intra Ocular Lenses manufacturer into pharma industryLeading paper and pulp manufacturer from GujaratLeading Dyes Manufacturing companies from GujaratLeading Plastic polymer manufacturer and Supplier from Gujarat Your Name Email Address Phone Number Company Message

Injection Moulding

Injection Molding by Dhyey Consulting. Your Name Email Address Phone Number Company Message

How does ERP fit with e-commerce?

ERP vendors were not prepared for the onslaught of e-commerce. ERP is complex and not intended for public consumption. It assumes that the only people handling order information will be your employees, who are highly trained and comfortable with the tech jargon embedded in the software. But now customers and suppliers are demanding access to [...]

Traits of an awesome ERP implementation partners

1. They Are Experts! Is the ERP solution provider a true ERP expert? An organization must fully understand your pain points and the most effectual and valid utilization of the ERP solution you have in mind. Their level of expertise needs to be superior, as well as the level of understanding of your business operations and productivity [...]

Hardwork V.S. Talent

In this world, hard work is everything. As ridiculous as it may sound, it is indeed a fact that cannot be ignored. Whilst the existence of geniuses or natural prodigies cannot be discounted as a mere anomaly of fate, it is also incorrect for us to believe that we cannot surpass them in our own […]

Small Businesses Can Benefit from an ERP System

Most small business manufacturers and distributors want the same basic features of an ERP (enterprise resource planning) system, e.g. purchasing, order management, inventory control, manufacturing, warehouse management, financials, customer relationship management, and business intelligence. But given their relatively limited internal resources, many small businesses question if they can take advantage of the full functionality of […]

Is integration having an effect on how manufacturers approach the product development process?

As an integrated ERP system shifts industry status from nice to have to must have, the benefits of such systems are more commonly being leveraged by process engineers and plant managers. Process engineers are spending less time procuring cost data, sourcing materials, and compiling data. More effort is focused on continuous process improvement, quality goals, and waste elimination. Plant managers are offered a vast […]

Unlocking business value through ERP

ERP is commonly perceived as a computer system. Not so. It’s a people system made possible by the computer software and hardware. Good people can make a bad system work; bad people can’t make a good system work Often the problem lies not with the ERP concept. But in the demand for quick fixes and rapid cures […]

Income Increase Shows the Recovery Is Very Much Real

During the past two years, we have seen signs that wage pressure is building as the economic recovery grinds on. Enough evidence has now accumulated to suggest that it is already happening.

Maybe Supply-Side Economics Deserves a Second Look

Since the Great Recession, macroeconomic discussion has been dominated by discussions of aggregate demand, and how to create more of it through monetary and fiscal policies. That has led to a strange state of affairs where those topics still dominate the debate, even though they’ve done the job economics expects of them.

Fed Harmony Hides the Dangers of Groupthink

Traders and investors trying to parse the statements coming from the world’s most important central bank are at a loss: Will an interest-rate increase come in September? And will there be one, two or no hikes this year?

Data Geeks Are Taking Over Economics

For a few decades, economists used to imagine how the world works, write down a theory describing their idea, and call it a day. If some statisticians came along and found some support for the theory, well, great! But usually they didn’t, and that was fine too. As one old joke put it, if an […]

There’s No Such Thing as an Economic Miracle

One of the less heralded truths of economics is that growth miracles, while they make for good press, are overrated. It’s an insight that could help us better understand the outlook for developing countries such as China.

Why We’re Still Arguing Whether QE Worked

How many times have you heard someone say that the Federal Reserve’s asset-purchase program known as quantitative easing was ineffective? At least, that’s what I keep hearing from the usual pundits arguing their case.

Overcoming Our Inordinate Fear of Inflation

The harm of inflation cited in economics textbooks seems laughably unimportant. For example, inflation generates so-called shoe-leather costs — a term for the hassle of moving money from one’s brokerage or savings account to one’s checking account. This hassle is larger when prices change a lot, since you have to put spending cash in your […]

A Basic Income Should Be the Next Big Thing

Now and then a worthy economic proposal comes along that seems as politically unattainable as it is sensible. Then, on closer inspection, you see that it’s more than a policy-wonk’s fantasy. And you wonder whether it could actually prevail.

The New Old Economics of Free Trade World Wide

Does economics still believe in free trade? The discipline has urged the case for open markets since its earliest days, but lately not so much. Recent research is seen as calling the faith into question.

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