Understanding supply chain basics can make a real difference in how well a business performs. Minimum Order Quantity (MOQ) is one of these essential concepts that affects companies of all sizes. Whether you’re just starting out or have years of …
Every business faces a delicate balancing act when it comes to inventory. Too little means disappointed customers and missed sales opportunities. Too much ties up valuable capital and warehouse space. Striking the right balance is the key to effective inventory …
Every business that deals with goods movement—whether for sales, repairs, or stock transfers—needs proper documentation. While invoices are widely known, Delivery Challans are equally important for ensuring smooth and compliant transactions.
In this blog, we’ll break down what a delivery …
Imagine you’re running a retail store, and you’ve just received a shipment of electronics from your supplier. Upon inspection, you notice that several items are damaged. How do you formally communicate this issue and request a refund? This is where …
Micro, Small, and Medium Enterprises (MSMEs) form the backbone of the Indian economy, contributing significantly to employment generation and GDP growth. To support and streamline their operations, the Government of India introduced Udyam Registration—a digital-first initiative that makes formalization simple, …
Prepaid Payment Instruments (PPI) lets you purchase goods with prepaid money in your online wallets, paper vouchers, prepaid smart cards, and more. India allows Prepaid Payment Instruments under Reserve Bank of India (RBI) regulations.
In 2015, introducing Prepaid Payment Instruments …
Every business transaction doesn’t always go as planned. When customers return products, dispute charges, or receive incorrect invoices, businesses need a systematic way to handle these adjustments. This is where credit notes come in – a critical financial document that …
Companies today constantly seek ways to enhance efficiency, streamline processes, and ensure scalability. One of the most powerful tools to achieve these goals is an ERP system. The ERP full form is Enterprise Resource Planning, and it integrates various business …
