Survive the supply chain crisis with an ERP
30 March

Survive the supply chain crisis with an ERP

Disrupted supply chains and rising costs currently affecting manufacturing and trading companies were first triggered by the pandemic and now exacerbated by the war in Ukraine. The latest reports on the business climate are causing many companies to switch to crisis mode or at least to deal intensively with an intensification of the crisis. Luckily, companies that have a solid ERP system in place have an important tool at their disposal. Automated inventory management can be essential for businesses impacted by disrupted supply chains looking to weather these uncertain times.

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Manage batches for medical devices
15 Nov

Manage batches for medical devices

Companies that manufacture medical devices in particular are obliged to manage these products in batches. This applies in particular to all products for implantation, in vitro diagnostics and all products made from substances of animal origin. Batch management for medical devices is a legal requirement that must be strictly observed. The batch number documents both the manufacturing process and the raw materials used. In certain circumstances, lot numbers may be used to initiate product recalls.

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Data warehouse or data lake
20 may

Data warehouse or data lake

Data lakes and data warehouses are buzzwords one hears when it comes to data retention in the context of big data. In fact, they also denote two different approaches. The “lake” is actually a coherent term for the data lake: A large basin filled with raw data that is stored there unstructured and without a specific use. A data warehouse, on the other hand, stores ordered, structured, filtered data. For what purpose should one use which approach?

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Accounting for startups
21 Feb

Accounting for startups

At the beginning there is the outstanding idea and/or the unique selling proposition that promises big profits. After founding the startup, the focus is then on acquiring customers and refining the business model and generating revenue. What carries all these activities and ultimately decides on success or failure are, in the end, the finances.
In order to keep these under control as a founder, regulated accounting is required for startups.

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