One of the most challenging issues facing businesses today is employee turnover. According to the U.S. Bureau of Labor Statistics, the total separations rate in 2021 was 47.2 percent of U.S. jobs. Roughly 70 percent of those were voluntary, resulting in a tremendous, unplanned loss of both knowledge and experience. Companies can minimize losses by
1. Involve users in the selection process One of the first steps to ensure user satisfaction of an ERP system is to involve them in the selection process. This means that you should consult with your users, understand their pain points, and identify their requirements and preferences for the ERP system. You should also involve
Rail transportation is a cornerstone of global logistics, ensuring the safe and reliable movement of people and goods. Despite its seemingly straightforward model—load, transport, unload—the processes involved are complex and multifaceted. Effective asset management is crucial in this challenging environment, where the failure of a single asset can disrupt entire operations. To maintain efficiency and
Whether it’s a new job, a new relationship, or a new routine, change can be both exciting and challenging. It’s a chance to experience something new and make a positive impact in one’s life. One thing’s for sure: it’s inevitable, and it’s essential for growth and progress in every aspect of our lives, be it
1. Core modules One of the first things you should look for in an ERP software is the core modules that it offers. Core modules are the essential components of an ERP system that cover the main business functions, such as accounting, finance, human resources, inventory, sales, purchasing, and manufacturing. Depending on your industry and
Consumer AI personalizes our daily lives, enhancing convenience and effortless creativity. Industrial AI goes deeper—reengineering core processes that power economies, transforming productivity, safety, and environmental sustainability. MIT defines Industrial AI as the application of AI to improve, automate, and optimize large-scale industrial processes in sectors like manufacturing, aerospace, oil and gas, and utilities. At its core, Industrial
In the realm where every interaction with your brand is a pivotal moment, there’s a force shaping the narrative—omnichannel Enterprise Service Management (ESM). A recent study shows 95% of consumers believe the customer service experience impacts their loyalty to a brand. As custodians of growth and innovation, you understand the significance of crafting an experience that not
1. CRM Integration Customer relationship management (CRM) software is a must-have for any business that wants to build and maintain strong relationships with its customers. CRM software helps you track and manage your customer interactions, leads, opportunities, and deals across the sales cycle. By integrating your CRM software with your ERP software, you can create
Service Request Management (SRM) is a critical process within IT Service Management (ITSM) designed to handle a variety of user requests efficiently and effectively. It encompasses the systematic approach to managing requests for new services, information, access to IT resources, and various other routine tasks. By standardizing these processes, organizations can ensure consistent, high-quality service
Implementing best practices in Service Request Management (SRM) ensures that your organization can handle requests efficiently and effectively, improving user satisfaction and operational performance. Here are key SRM best practices to consider: 1. Prioritize Requests with Precision Prioritizing service requests is crucial for addressing the most critical issues first. Requests should be assessed based on
