During COVID, the supply chain across the world has been impacted. In early 2020, industries realized that since China has stopped manufacturing, orders could not be fulfilled. With even international travel stopping, every non-essential service manufacturer and suppliers were working at less than 50% capacity, and operations seized. Every industry started to look for alternate […]
Software upgrades can be costly, and a small mistake might cost you Millions; what an eye-opener this Citibank debacle was! This pandemic has been a breeding ground for technology innovations and has led to many advances which helped reduce the impact. But before we plan any upgrade or implementation, it needs planning. The system complexity […]
Artificial intelligence (AI) is playing an increasingly important role in changing the way things work, especially for industries that need to deliver customer service functions. Although chatbots have been around for quite some time, the idea of being a virtual agent is that it also gives human touch and at the same time seamlessly interact […]
ERP is an integrated solution that helps the seamless flow of information across the company by connecting various disparate systems like finance, accounting, supply chain, human resources. Given the complexity of the system, a wide range of processes involved, it is very likely that ERP failures happen. and can be very disheartening when it happens. […]
It’s perfectly alright to feel nervous, especially during current times. It’s OK!! Shit Happens and it happened with all of us. But being able to move forward despite those unpleasant feelings is key to succeeding despite uncertainty. INSEAD professor Nathan Furr has these tips: Focus on the long term, and not just the situation at […]
As some experts put it, “The coronavirus pandemic is likely to emerge as the biggest economic crisis faced by India since the emergency” , though our Financial and Banking sector is far better equipped than before to address the challenges, but still companies are struggling to execute business continuity plans with lack of necessary infrastructure. […]
COVID19 outbreak continues to expand and has impacted thousands of lives. As it spreads, there has been disruption on supply chain and people demand which triggers another panic of companies losing their financial goals. Now is the time to take quick steps towards business continuity and accelerate business transformations. Since this doesn’t look like a […]
This pandemic has pushed CIOs and CTOs of the world to be on their toes to help companies enable working remotely and keep businesses going. With travel restrictions and events on hold, the focus has been to minimize the impact while same time manage risk for businesses. CIOs/CTOs need to emerge as heroes and make […]
Imagine you are an owner of SME and managing to account is becoming such a hassle. You are not sure what actually happening in real-time as the software is only working on desktops. You are losing your business to competitors and no idea what to do. Today, a lot of SME’s are facing this challenge […]