Joined: January 9th, 2020
Articles Posted: 10


On-Time Delivery (OTD) KPI Your Most Important Metric In Operations - Part 2
At a GlancePer Harvard Business Review, US corporations lose half of their customers every five years on an average, unable to meet their demands and needs on-time.An industry report* showed that on-time delivery motivates 72% of customers to repeat purchase from the same seller.The most important step towards achieving optimal on-time deli...
operations meeting, supply chain, ground rules, daily operations, team, otd, operations - Posted by XcelDigital - Posted 4 Months Ago

Top 5 Areas for Blockchain in Distribution
Distribution industry, both wholesale and retail, are characterized as physical stores/warehouses that serve as intermediary between manufacturers and end consumers. The industry is undergoing a transition as it is faced with multiple challenges such as evolving consumer preferences, heightened competition, digital/e-commerce disruption, rising real-esta...
Posted by XcelDigital - Posted 4 Months Ago

Blockchain The Future of Financial Services
In recent times, Blockchain has been a popular topic of interest for companies big and small. This infographic discusses one of its most popular applications, i.e., Blockchain in payment processing. It starts by explaining how the transaction is processed through a P2P, tamper-resistant decentralized network and then pinpoints the services where the appl...
Posted by XcelDigital - Posted 4 Months Ago

Internet of Things (IoT) & Cybersecurity Challenges, Benefits & Solutions
At a GlanceInternet-of-Things (IoT) has been widely accepted at a consumer level finding its way to many applications in our daily life.Companies, on the other hand, understand the value IoT would bring to the business; however, they have been hesitant to invest due to security concerns, cyber attacks and the harm to the business thereof.On...
Posted by XcelDigital - Posted 4 Months Ago

Standard Costing in Pharmaceutical Manufacturing Industry Challenges & Solutions
At a GlanceCurrent state of cost accounting and profitability in current day mid-market pharmaceutical manufacturingWhat does the C-level really care about?Impact of people and incorrect processes on costs and bottom-lineImproper habits of recording data can be a major culprit in building hidden sunk costs30% of costs go undetected due ...
Posted by XcelDigital - Posted 4 Months Ago

Customer Relationship Management (CRM) Clean Your Bad CRM Data & Boost Efficienc
At a GlanceSales teams world over, rely on Customer Relationship Management (CRM) systems to drive sales force automation.According to Gartner, one of the prime reasons why organizations have not been able to derive the intended benefits from a CRM system is due to bad data, also referred to as dirty data.Only 15% of the companies...
Posted by XcelDigital - Posted 4 Months Ago

Internet of Things (IoT) Applications Healthcare & Manufacturing
Since its inception, IoT has been gaining popularity rapidly in the tech market. Though it has been widely accepted in the consumer level, its application is found to be less in the corporate world. This is because the true potential of Internet of Things is not yet unleashed to many corporate executives.This infographic gives you a detailed overview o...
widely accepted, tech market, popularity rapidly, manufacturing industry, iot, xcelpros, manufacturing - Posted by XcelDigital - Posted 3 Months Ago

Organizational Change Management A Critical Parameter in Your ERP Implementation
Change is the only constant and resistance to change is natural. Change management is imperative in establishing a balance amid these aspects.An organization undergoes a major change while embarking on an ERP Implementation. The new system, processes and learning results in a resistance towards change. Organizations need to undergo change to be in sync...
change management, erp implementation, organizational change, organization undergoes, change, management, implementation - Posted by XcelDigital - Posted 3 Months Ago

On-Time Delivery (OTD) KPI Your Most Important Metric In Operations - Part 1
 - Part 1December 10, 2019At a GlanceOn-time delivery (OTD) is a key metric to measure delivery performance and supply chain efficiency in your organization.This article talks of a real-life transformation of OTD in a chemical company from 76% to 90%+.Your ‘A’ customers contribute to more than 70% of y...
real life, chemical company, supply chain, measure delivery, otd, delivery, operations - Posted by XcelDigital - Posted 3 Months Ago

Upgrading to Microsoft Dynamics 365 The Need to Upgrade
OverviewThis article and its subsequent series provide everything you need to know to upgrade to Microsoft Dynamics 365 Finance & Operations ERP - Cloud (or) On-premise. This includes how to plan, prerequisites, features, tangible benefits, challenges, costs involved and more. Incentives offered by Microsoft make it a compelling r...
every new, year after, microsoft dynamics, legacy system, system, upgrade, systems - Posted by XcelDigital - Posted 3 Months Ago

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