revenue leakages

Preventing Revenue Leakages in Manufacturing with ERP

Preventing Revenue Leakages in Manufacturing with ERP
Prevent Revenue Leakages in Manufacturing with ERP Revenue Leakages refers to the unintended loss of potential income or profit in a manufacturing company. Revenue leakages are invisible holes in the manufacturing industry.  They are not visible in general, but create a big hole in profitability. Revenue Leaks occur primarily due to reasons such as manual processes, data present in silos across departments & locations, poor visibility, and inadequate control over key business areas. This may result in errors, oversights, non-compliance, chances of theft & fraud – all of which can l...
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Plug the Leaks, Improve Profitability, Grow Your Business

Plug the Leaks, Improve Profitability, Grow Your Business
Plug the Leaks, Improve Profitability, Grow Your Business Beware of Little Expenses; A Small Leak Will Sink a Great Ship. Are you struggling to grow & scale your business? Are your profit margins lesser than your expectations? Are your facing difficulty maintaining a healthy cash flow? Then, it is certainly time to introspect. It is time to go looking for areas where your business could be losing money knowingly or unknowingly. "Plug the Leaks, Improve profitability, Grow Your Business" article is written with a specific objective to help manufacturing companies to uncover hidden pr...
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