Metrics that Matter: Financial Compliance
Financial compliance must ensure that all accounting transactions meet the requirements of the locally applicable Generally Accepted Accounting Practices (GAAP) or International Financial Reporting Standards (IFRS). Transactions must also be accurately...
Bridging Physical and Virtual Worlds with Digital Twins
Digital twin technology, which refers to the creation of a digital replica of a physical asset, has evolved. The concept is not a new one, but with advances in technology, digital...
Five Easy Steps to Calculate the ROI for Quality Management Software
How to Guide for Calculating ROI on Quality Management Software
Return on Investment (ROI) is a common metric used in finance today for evaluating, approving, and measuring the success of investments or...
Trade Management is Critical to Growing CPG Businesses and Profits
The consumer products and food & beverage marketplace is changing rapidly as consumer preferences and tastes evolve. Manufacturers need to innovate to accommodate the evolution of the consumer that is changing...
Keeping Up with Demand for Today and Tomorrow
Disruptive technological forces are rapidly changing future planning scenarios in the automotive industry. It is still anyone’s guess as to how fast autonomous vehicles, electric vehicles (EVs) and mobility will take...
Avoiding Death by Spreadsheet in the Life Sciences Industry
Contract management is a complicated business for medical device and pharmaceutical companies. Frequently, manufacturers rely on spreadsheets to help with the management process. This is often handled outside of the normal...
Doing Business in New Zealand
New Zealand is an island in the South Pacific Ocean, located southeast of Australia. It includes six main islands. New Zealand ranks as the 77th largest country in the world and...
Rapid Response to Change is Imperative for Manufacturers
It was Heraclitus, a Greek philosopher, who said, "Change is the only constant in life," highlighting the strong need to always expect and plan for change throughout our lives. This is...
Accelerating Digital Transformation with QAD Manufacturing
Changing Business Dynamics for Manufacturers
Business dynamics for manufacturers are changing more rapidly and becoming more disruptive than ever before. The changes are driven by the rising expectations of consumers and business...
The Top Risks of Not Having a Quality Management System
Thousands of businesses operate daily without a quality management system or program in place. If a business is content with where it is financially, is not concerned about future prosperity, loss...