The Pros And Cons Of Using VoIP

The VoIP is an abbreviated form of Voice over Internet Protocol. The VoIP is gaining impetus and is becoming the favorite of the telecoms. People are ready to jump on to the internet phone as it is more promising and much cheaper with efficiency of service. However, identical to all other emerging technologies, the excitement and publicity exceeds the reality. But VoIP is a promising novel technology that will transform our opinions about telephones. There is no doubt that VoIP is an attractive substitute to the conventional phone service, though there are few things to be set and to make it freely available for one and all.

Advantages of VoIP

People possessing broadband connection with cable or DSL can make use of VoIP and can avail the benefit of VoIP telephone service at low cost. The cost of connecting PC to phone is normally lesser than a conventional long distance call and a PC-to-PC call involves no cost to any other computer in the world. VoIP service providers charge a monthly fee and facilitate unlimited calls within a specified area, and with a reasonable additional charge for calls made outside the area. VoIP offers the benefit of portability to a traveler. If you have access to broadband connection and if they are omnipresent, you can easily continue to keep in touch with your friends, family members and business associates. Your VoIP service takes care of your phone coverage, roaming and long distance charges.

The facility of portability is facilitated for phone to phone VoIP services. Your VoIP provider will give you an internet phone number and you can carry your IP phone and plug it in any broadband connection and proceed with making your call. IP phones can be carried everywhere as they are light in weight. All the features expected in a traditional or cell phone service is obtainable with VoIP service. Services such as call waiting, voicemail, call forwarding, caller ID, three ways calling, and many more facilities are offered.

Disadvantages of VoIP:

The disadvantages of VoIP are emergency calls and power interruptions. The emergency calls can quickly trace the traditional phone call, but tracing a VoIP call is highly impossible. Even without power, you can attend the normal phone, but an IP phone, depends on the internet connection and stops working when there is no power. There are issues regarding VoIP reliability and sound quality. Similarly, like other data forwarded over the internet, email and various other documents are mailed on the internet through some scrambled network. Many times the data is dropped as they do not reach in time and becomes silent in the audio stream. To reduce the voice connection delay the data packets are dropped and this dropped data depends on the speed and distance of the connection. Similarly, if the networks have high traffic you may find more dropouts, especially during peak times.

However, with the growing popularity, VoIP will overcome the disadvantages in due course of time as they are constantly working to clear the bugs and very soon it can anticipate a warm response from the customers.

Promero is a leading provider of VOIP solutions Together with its partners, Promero provides innovative technology, strength, stability, comprehensive consultation, implementation and support. Promero is a Worldwide oracle certified partner for Siebel CRM and, IEX Channel Partner and Authorized Reseller for TotalView Work Force Management, Verint Channel Partner and Authorizes Reseller for Impact 360 Work Force Optimization, Cognos Channel Partner for Business Intelligence, Voxeo Channel Partner for Voice Recognition and 1Vault Reseller for data center services.

Useful Link : Business Intelligence BI Software Applications SOA SOA Service Oriented Architecture

Role Of Software In Mortgage Lead Generation

The mortgage companies stand in a highly competitive market and frequently face difficulty in attracting customers. Their business prospects are promising only when they are able to lure more clients. Companies should concentrate towards making their business time-bound to attract new clients. The main technique to come out successfully is by streamlining the organization in their functions. Every function related to marketing and sales should be focused and the minute loops should be rectified. When this is rectified the companies can find racing against time. An efficient technique of managing the time with the company's business values or attitudes can be of significant help. Good mortgage leads elevate their effort and form an integral part of escalating mortgage business.

Benefits of software in Mortgage lead generation

The benefits of software in generating leads in a mortgage business is that it reduces the speculation of the marketing area and puts the company to release valuable resources and to focus on major spheres of the existing business. Companies can go for recourse to the lead data of mortgage from a database that is standard or can opt for vigorous campaigns on marketing and can bring out the desired leads as per their convenience. Significant lead channels can be created by telemarketing. Telemarketing is an appropriate tool to endow an inevitable lead flow. This facilitates the loan offers to close on prospective clients than wasting their valuable time in finding prospective borrowers. The software ultimately makes the sales persons very competent and the end user can precisely chose a lead design that they desire.

Features of Mortgage Lead Generation Software

The mortgage lead generation software comprises of financial calculation tools and all the other features that you need. The software will let you understand how each payment influences your personal finance. There offer demos and you can see how it works. They have facilitated it with various types of calculators and offer fabulous online support to steer you through all the procedures. This software is easy to use as it handles the sales leads as well. It does the filtering of the customers as per their purchase and payment structure. It also presents a comprehensive report of every detail. The mortgage lead generation software takes full control and makes you powerful to generate and also to sell your leads automatically.

The software quickly automates lead capturing, filtering, processing, sale as well as delivery thereby allowing you to concentrate on acquiring customer through the automatic software. This helps you in running your business successfully. This lead solution allows you to develop your own tailor-made solution that guarantees to solve your lead sales problems as well as marketing problems. The design meets your individual needs from the beginning with an array of customized features that completely automates your lead sale business.

The software is powerful and transparent. It lists out the names, addresses, phone, fax numbers, email, business details, etc from the online directories and also gives spreadsheets. The software captures the lead lists as well as the prospective customer's lists into your address book and thereby yields a successful business to the mortgage company by bringing good leads.

Promero is a leading provider of mortgage lead generation tools Together with its partners, Promero provides innovative technology, strength, stability, comprehensive consultation, implementation and support. Promero is a Worldwide Oracle Certified Partner for Siebel CRM and, IEX Channel Partner and Authorized Reseller for TotalView Work Force Management Verint, Channel Partner and Authorizes Reseller for Impact 360 Work Force Optimization, Cognos Channel Partner for Business Intelligence, Voxeo Channel Partner for Voice Recognition.

Visit : SOA Business Intelligence BI Software Applications SOA Service Oriented Architecture

Enhancing Productivity With CRM Software

Customer relationship management software or the CRM software is becoming very popular in business organisations. CRM software helps organisations to understand their customers in a better way so that their needs and preferences are better understood. This helps the organisations to serve the customers more effectively and efficiently.

CRM software normally store the personal information of individual customers including their name, address, contact numbers, age, gender, number of children etc. They also keep track of the purchasing behaviour of individual customers. This helps in knowing about the purchasing habits of the individual customer which in turn helps the business firm to serve the customer better. The CRM software helps the organisation in recognising loyal customers and giving them discount and other incentives. Tracking the behaviour pattern of the customers helps the business to find out which types of customers are good for their business.

CRM software can also help business organisations in improving the productivity of the employees and decreasing the operational costs. The web based interface of CRM software also helps the organisation to keep track of their sales and returns and can also be used to assign different functions to various employees. Web based CRM software helps you to access your data from anywhere in the world and it needs only a network connection. Thus it helps organisations to do their business in a more organised manner.

Another important use of CRM software is that it helps the organisation to communicate with the customers easily. It can also generate business reports for the business which is a very essential tool for the growth of the business. When the business organisation and its operations become bigger, then the use of CRM software becomes inevitable.

For more information on CRM Software, you can visit the website of IDL Systems.

Thanks To : Buy Cheap Samsung N135 Netbook SOA SOA Service Oriented Architecture

Astrological Combinations For Riches

There are various combinations for the riches in the horoscopes. Let us see which are the combinations for the big riches.

A person born in a poor family having the following combination in the horoscope is sure to be a very rich person:-

1. Jupiter is in the Quadrant in Cancer, Saggitarius or Pisces signs.

2. Moon is in the 2nd, 8th, 10th or 11th house, in the sign of Taurus, Cancer, Saggitarius or Pisces signs.

3. Mercury is in 2nd or 10th houses in the sign of Gemini or Virgo.

4. Mars is in the 4th, 10th or 11th house in the sign of Capricorn.

5. Venus is in the 2nd, 9th, 10th or 11th house in the sign of Taurus, Libra or Pisces.

6. Saturn is in the 4th, 5th or 11th house in the sign of Acquarius or Libra.

Saggitarius or Pisces

If the Ascendent is Aries or cancer:- And the Sun is in the Ascendent, 3rd, 10th or 11th house and Saturn is in the 4th or 7th house in Libra,and Mercury and Venus are in 2nd house in Taurus then, the native is bound to be a very rich person.

If the lord of Quadrent is in the Trine and Lord of Trine is in the Quadrent, or both are either in the

Quadrant or in the Trine, the native is a very rich person.

If a native has Cancer as his Ascendent and has Saturn in the 4th house (Libra), Mars in the 7th house

(Capricorn), Sun in the 10th house (Aries), he is also very rich.

Astrologically, in a horoscope the lord of 11th house is the main planet to give income.

A person will become very rich, through share market or speculation, if saturn is positioned in the 11th house in signs Libra or Acquarius.

If Saturn (in sign Libra), or Mercury (in sign Virgo) or Moon (in sign Taurus) is positioned in the 11th house, the native earns huge wealth through the manufacture of machineries.

Besides, in a horoscope, the 2nd house is the house of wealth.

If the 2nd house is positioned by Venus in Taurus or Pisces, the native, becomes very rich through the

business of white commodities like Silver, Cotton, Cotton Mills, Sugar.

In a horoscope, 5th house is the house of speculation. If the 5th house is positioned by the Sun (in the signs Aries or Leo) or Jupiter (in the sign Cancer or Saggitarius), the native will get the huge money from race course and/or lotteries.

In a horocope the 10th house is the house of Karma,

If Saturn is situated in the 10th house in the sign of Libra or Acquarius,the native becomes rich through the business of oils.

In a horoscope, the 8th house is the 11th (house of gains) from the 10th house (house of Karma), which if positioned by planets Moon (in sign Taurus), Mercury (in sign Virgo), Jupiter (in sign Cancer) or Venus (in sign Pisces), the native earns through speculation.

http://www.stocknakshtra.blogspot.com

Related : Business Intelligence BI Software Applications SOA SOA Service Oriented Architecture

Elements Of Business Intelligence Solutions

Information is the most valuable asset of any organization and thus has to be carefully managed, organized and stored, facilitating easy access on demand from an appropriately authorized person. Business intelligence systems are used to solve this problem. BI systems are essential to ensuring the smooth, uninterrupted flow of information within any level of an organization without compromising on security. These BI systems have to make available data on time to ensure that the correct decision can be made at the right time based on the information provided.

BI systems are used primarily to improve timeliness of information required by the organization, to provide information in business terminology, to give access to any information no matter where it is stored. For this reason, a BI system should greatly reduce distribution costs of the information and its handling time. BI systems have to improve forecasting and planning efforts and should allow business changes to be tracked, recorded, and responded to quickly, thereby helping steer the organization towards its goals.

What To Look For In Business Intelligence Systems

The elements of business intelligence solutions have to be considered carefully, and the system chosen has to be consistent. No matter how much new data is added and what new systems (such as ECM or CRM) are added, no matter what major changes occur, BI systems have to stay put and guide the company.

The way new data is integrated with existing BI systems is one element of the BI solution. Data warehouses can be created but consume time, energy and money. Data marts can be used to develop data warehouses later. Creating data marts requires less time, energy, and money. No matter which system is used, make sure a single version for truth of data exists within the organization.

BI systems need appropriate analytical tools, too, to help utilize all information gathered so laboriously. The first step is to categorize all data that is collected. This involves the data extraction, transformation, and cleansing processes. By using appropriate tools, you can face and solve the problems and restore order.

The next step is to have proper analytical tools to help analyze all data stored to help make decisions. If tools are used to do the analysis, the users have to learn how to use the tools and how to navigate through the systems. A server-centric approach for storing all BI data is recommended.

Selecting the right tools is essential for any BI system to be effective in producing accurate results. Three such tool categories are traditional query and reporting, OLAP, and data mining tools. These tools should handle time and data options well without being too hard to use.
All the elements of Business Intelligence solutions have to be carefully considered and the needs of the organization determined before buying a BI system.

There are firms that offer services as well as products to help run a successful business.

The Impact Of Business Intelligence

The impact of business intelligence is far-reaching. Its influence can be felt in every aspect of the business. The IT department of the organization, the non-technical end-users, external users, the business analysts, and the enterprise are all influenced greatly by Business Intelligence.

Impact Of BI On The IT Department

It is essential that the IT department be consulted while selecting the right BI system. Workers in this department have to intelligently, in an orderly fashion evaluate the BI needs, and select an appropriate tool. While selecting a BI system, they will have to take into consideration the platforms supported by the system, the databases and files supported, its integration with the existing IT infrastructure, the connectivity options, backup and recovery options, and the end user functions, among other criteria. Organizations have to realize the important role the IT department plays in the success of any BI system. For BI systems to have a marked effect, active IT department involvement is necessary.

Impact Of BI on Non-Tech End Users

The impact of BI on non-tech end users can be huge. BI systems have helped non-tech users uncover massive frauds using data mining. They will have to spend a lot of time in learning to use the tools effectively. The BI system has to be user-friendly so that even non-tech users can learn to use it and steer the company toward success by allowing those users to make informed decisions. The selected system must enable them to make the right decision by analyzing the sales, marketing, and financial issues. BI systems, therefore, have a very profound impact on the end users.

Impact Of BI On Business Analysts

Business analysts are also considered while selecting a good BI system. They are concerned with the broadness of the functions of the BI system and the analysis capabilities of that system. These are the users who will be able to use the BI system in producing solutions that can greatly affect the business.

Impact Of BI on External Users

The BI system affects the extranet environment of the organization greatly. Security is a very important aspect to be concerned about while dealing with external users. The BI system should preserve data accuracy and integrity. Make sure you are aware of your external users requirements and that the BI system meets their needs.

Thus, the impact of business intelligence can be felt on every aspect of the business. There is a growing need to come up with a great BI system that will be able to deal with the entire enterprise as a whole. The BI system has to integrate with the existing IT infrastructure. It should ensure that users get a consistent flow of accurate and current decisions to help make informed decisions. BI systems are essential to analyze and evaluate processes and to help make changes to guide a company toward success.

There are firms that offer services as well as products to help run businesses successfully.

Alexander Gordon is a writer for http://www.smallbusinessconsulting.com - The Small Business Consulting Community. Sign-up for the free success steps newsletter and get our booklet valued at $24.95 for free as a special bonus. The newsletter provides daily strategies on starting and significantly growing a business.

Business Owners all across the country are joining "The Community of Small Business Owners” to receive and provide strategies, insight, tips, support and more on starting, managing, growing, and selling their businesses. As a member, you will have access to true Millionaire Business Owners who will provide strategies and tips from their real-life experiences.

My Links : Business Intelligence BI Software Applications SOA Buy Cheap Samsung N135 Netbook SOA Service Oriented Architecture

Small Business Consulting Services

Investing your hard earned money in any venture is an exciting, yet formidable task. At the very onset, it is imperative to be clear about what to you want to achieve, where you want to divert funds and how you want to run the show. At the same time, you would obviously want to measure your success against set plans and goals, maintaining all accounts in the most efficient and effective manner. We at KNR are here to do all that and a lot more for you.

KNR provides the A to Z of Small Business Consulting Services . Be it basic business consulting services or complex corporate economics, investment options or market research, small business accounting software or database management, KNR will guide you through it all.

Every business set up has its unique needs. Every entrepreneur intends accomplishing certain goals in a set time frame. Setting up a business, can be a tedious job if you do not have adequate knowledge about the market scenario, economic climate or basic accounting techniques. We help you bridge the gap between where you are and where you want to be.

KNR 's Small Business Consulting Services provide you with the mortar to build your dreams on a strong foundation. We help you with not just the basic knowledge of the "how- to" of setting up your small business, but also guide you about how to maintain a lead in the economic zone, giving you a competitive edge over others in your domain.

We understand your needs and through our business consulting services , we guide you efficiently in initiating your venture's development and also chalk out ways to help you build upon it further, while adding to its financial value. Our job does not end at helping you set up your business; we walk you through the entire process of setting it up as well as developing it further and help you in maintaining a lead in the business world.

At KNR , our motto is to provide you with the best knowledge, the best approach, and the best techniques to make your business the best it can be. We provide you with detailed business plans, marketing strategies, small business accounting software and market research, all under one roof.

An important aspect of any business is "funds". Capital is one of the main inputs in any business structure. From the initial investment to the day to day working, capital is required at all steps to keep all operations running smoothly without any hiccups. For someone who's not well versed with the corporate world, the idea of putting all your life's earnings into a business plan can be quite nerve wrecking. We know how important it is for you to be sure about what you're investing in, how you're going to meet targets, whether it will be profitable or not, how long would it take for you to start getting returns on your investment, what would be the right time to launch your business, how much added capital would you require to keep the financial machinery working, how favorable is the market situation for your business purposes etc. Our consultants will provide you with all the information that you need to have before and after the sailing of your venture.

We formulate plans and strategies for you to invest your capital in the most profitable manner and also in the most effective manner, so that you're able to achieve maximum benefits with minimum input. In order to do that, maintaining a reliable accounting record of all revenues and expenses is of primary importance.

Small Business Accounting Software

Accounting plays a pivotal role in a small business' success. You need to be aware at all times where your funds are being invested and what your returns are. Most accounting software can be quite confusing if one doesn't know the basics. With myriads of small business accounting software packages available in the market, choosing the best software for your business can be quite confusing. But with KNR , you can take care of your business most ably, because we will guide you in choosing the right small business accounting software , keeping your business needs in mind.

We know how important it is for you to be able to keep track of all investments and the standing of your business. KNR provides you with all possible information that you need to run your business smoothly. We assist you in not just setting up your venture, but also in increasing your "totals" by providing you the best business strategies, relevant market research and continued backup during your business cycles.

Small Business Consulting requires a good understanding of the nitty-gritty's of small business ventures. It is important to understand the importance of formulating business plans according to the limitations of resources. Our small business consultants will provide you with specialized services that are tailor made for small businesses. Our consultants will help you in setting up, as well as understanding the entire gamut of business plans, strategies and business analysis.

With KNR small business consulting services at your side, you surely cannot falter in establishing and running a successful business.

Brooke Thom is an expert author and webmaster of KNR Accounting Services website. The website having details of consulting services [http://www.knr-accounting-services.com/packages04-consulting-services.html], accounting services [http://www.knr-accounting-services.com/packages01.html], bookkeeping services, financial consulting services.

Useful Link : Buy Cheap Samsung N135 Netbook

Importance Of Data Mining In Today's Business World

What is Data Mining? Well, it can be defined as the process of getting hidden information from the piles of databases for analysis purposes. Data Mining is also known as Knowledge Discovery in Databases (KDD). It is nothing but extraction of data from large databases for some specialized work.

Data Mining is largely used in several applications such as understanding consumer research marketing, product analysis, demand and supply analysis, e-commerce, investment trend in stocks & real estates, telecommunications and so on. Data Mining is based on mathematical algorithm and analytical skills to drive the desired results from the huge database collection.

Data Mining has great importance in today's highly competitive business environment. A new concept of Business Intelligence data mining has evolved now, which is widely used by leading corporate houses to stay ahead of their competitors. Business Intelligence (BI) can help in providing latest information and used for competition analysis, market research, economical trends, consume behavior, industry research, geographical information analysis and so on. Business Intelligence Data Mining helps in decision-making.

Data Mining applications are widely used in direct marketing, health industry, e-commerce, customer relationship management (CRM), FMCG industry, telecommunication industry and financial sector. Data mining is available in various forms like text mining, web mining, audio & video data mining, pictorial data mining, relational databases, and social networks data mining.

Data mining, however, is a crucial process and requires lots of time and patience in collecting desired data due to complexity and of the databases. This could also be possible that you need to look for help from outsourcing companies. These outsourcing companies are specialized in extracting or mining the data, filtering it and then keeping them in order for analysis. Data Mining has been used in different context but is being commonly used for business and organizational needs for analytical purposes

Usually data mining requires lots of manual job such as collecting information, assessing data, using internet to look for more details etc. The second option is to make software that will scan the internet to find relevant details and information. Software option could be the best for data mining as this will save tremendous amount of time and labor. Some of the popular data mining software programs available are Connexor Machines, Free Text Software Technologies, Megaputer Text Analyst, SAS Text Miner, LexiQuest, WordStat, Lextek Profiling Engine.

However, this could be possible that you won't get appropriate software which will be suitable for your work or finding the suitable programmer would also be difficult or they may charge hefty amount for their services. Even if you are using the best software, you will still need human help in completion of projects. In that case, outsourcing data mining job will be advisable.

Scott Naxton is a freelance journalist having experience of many years writing articles and news releases on businesses like outsourcing, internet marketing, health and insurance. He is also associated with Outsourcing and KPO

Useful Link : Business Intelligence BI Software Applications SOA

5 Steps to Inventory Optimisation - Step 5 - How to Optimise Your Product Replenishment

Optimising replenishment means making sure that the relationship with your suppliers is as efficient as possible. This allows you to decrease lead times, lower prices and get better service levels.

Replenishment is an important aspect of supplier relationship management (SRM). The goal of SRM is to streamline and make the processes between an organisation and its suppliers more effective. It enables effective communication between the different parties, who may use quite different business practices and terminology. As a result, SRM is designed to increase the efficiency of processes associated with acquiring goods and services, managing inventory and processing materials.

The relationship with suppliers, as far as inventory is concerned, has four main issues: safety stock levels; service levels; economic order quantity; and supply chain visibility and management.

Safety stock is the level of inventory you need to have in place to cover all contingencies. You calculate that level based on the changes in demand for individual products, applicable lead-times and the desired service levels for those products. The results are constantly and automatically adjusted as circumstances change and exception reports are produced when outside the normal variances.

Service levels are set according to product profitability, total revenue, the number of sales, and the quantity of sales. These factors vary by territory or region, as well as by specific products for key customers. All information is automatically updated by a system that is constantly checking for changes and adjusting for thousands of products. You need to allow for differences throughout your supply chain based on strategic decision-making. Service level reports should alert you when changes in your supply chain's demand or supply affect other areas.

Economic order quantity (EOQ) is a calculation that lets you know the best quantity of a product to order so that you can minimise the total variable costs involved in ordering and holding that product in inventory. EOQ calculations give you an automatic ability to maximise line buy discounts with the right products, exception reports that warn you of changes in demand or supply throughout your supply chain and provide you with the tools to react quickly.

Supply chain visibility is vital in inventory management. You need to be able see your entire supply chain from the manufacturing end to the final consumer. If there are any problems, such as one component is late in arriving or there is a change in consumer demand, you can react and adjust your processes accordingly. This allows you to service customers in a priority sequence that you decide upon. You can set service levels based on sound financial judgment, and invest in the inventory that will maximise your returns. You can also analyse and react to exceptions, and reduce dead inventory.

Implementing an inventory optimisation solution that covers these functions will result in reduced working capital and increased customer service. It can also result in reduced transaction costs because a lot of the processes can be fully automated. At the same time, it gives more time to spend on those transactions and items that are most important for the business.

In summary, then, to do all this accurately and quickly, particularly with a large number of products, you will need a system that will do a range of tasks. These include: create forecasts; calculate proper safety stock levels; determine EOQ; determine best discount quantities; automatically get the right products to maximise line buy minimums; produce exception reports for review; auto-adjust for variances; and provide you with complete visibility of changes throughout your supply chain to allow you to react quickly to changes.

With these functions in mind, it's obvious that it can be very costly to have high service levels on all items. You need a system that allows you to ensure that you have different service levels on different items/warehouses.

Many inventory models prescribe a flat percentage as safety stock for virtually all products. This model is fine when you only have a limited number of products with little-to-no variance in demand. But such models, as simply stated, are too simple to give a serious return on investment. The 'simple' approach breaks down when the variation in demand is high. These situations require more advanced supply chain management techniques, supported by advanced inventory management functionality, that will tell you where the issues and problems are now. Working under the 'management by exception' concept, you let the system do 80-90 per cent of the mundane work automatically. It points you to where you should apply your expertise to make a difference, where there is a problem or an 'exception'.

There are a number of issues with replenishment that add to the complexity. You need to consider the forecast, the cost of placing and shipping each purchase order, the bundled capital in stock, and the discount that we can receive by buying large volumes. And if you have several warehouses, you have to decide how to work with replenishment. It's also very important to be able to do planning and forecasting on a multi-company level. By doing aggregated forecasting, you can get much better agreements with your suppliers.

By monitoring and adjusting your inventory replenishment processes across the entire supply chain - ensuring that the right products are at the right place at the right time and, importantly, in the right quantities and at the right price - you have achieved what you set out to do with inventory optimisation.

You have analysed performance, categorised your products, calculated forecasts, and now you've streamlined your replenishment system. Service levels have increased to their best possible levels. Costs are minimised to as low as they can go. Capital is not tied up in dead inventory and can be used more effectively and efficiently elsewhere in the organisation. The various management requirements, whether from finance, sales and marketing, or CEO level, have been fulfilled, frustration is low, and satisfaction is high.

So you can sit back and relax, right?

Wrong. Inventory optimisation is a continual process. Demand never stagnates at a particular level - there are new products to consider, new technologies with new demands, and tastes that inevitably change, not least thanks to the efforts of your sales and marketing people. But you will find that your inventory system is now able to cope with such changes more effectively and more efficiently than ever before, and will continue to do so as long as you maintain its operations, and be alert to the changes you will need to implement to ensure that the inventory process is continually optimised.

This completes the discussion of the five steps involved in inventory optimisation. But the story doesn't end there. Read on for information on real world examples of organisations that have put this system into practice. And find out how inventory optimisation is a whole-of-organisation issue - beyond the warehouse, beyond the logistics department, right up to the boardroom and down to the factory floor. Our addendum document, "Inventory Optimisation in the Real World", outlines these issues.

Peter Clarke, Chief Technology Officer for IBS Asia Pacific specialises in Supply Chain and ERP Systems implementations.

IBS Australia develops ERP solutions and business management supply chain software for inventory management systems, manufacturing ERP software, business intelligence systems and integration ERP software. The IBS ERP system is fully integrated and includes collaborative sales, procurement, customer service, order management, demand-driven manufacturing, inventory management, business performance measurement and financial control.

http://supplychainsecrets.com.au/
http://www.ibs.net/au/solutions/inventory-management/