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Effective Ways to Avoid and Handle Dead Stock - Agaram InfoTech

Effective Ways to Avoid and Handle Dead Stock

The much dreaded issue for any manufacturer is Stock lying in inventory, unsold and with no near possibility of being sold. This dead stock locks his capital, reduces his cash flow, occupies the precious warehouse space which could be used to stock fast moving goods, incurs expenses in the form of insurance, manpower costs and soon. So it is of immense importance that we discover the reasons for this issue and its appropriate solution.

Dead Stock Management - Agaram InfoTech

5 Ways in which Dead Stock drains your business resources

The cost of holding goods in stock is called the carrying cost, this is usually expressed as a percentage of the inventory value. It consists of various components like capital, warehousing, depreciation, insurance, taxation, obsolescence and shrinkage costs. The biggest contributor of the total inventory cost is this carrying cost or holding cost. Carrying costs should ideally be between 20-30% of your inventory value, no more.

Better Resource management with Web Based HR Solution - Agaram InfoTech

Better Resource management with Web Based HR Solution

HRMS or the Human Resource Management system can be best described as an integrated system providing information used by HR management in decision making. It allows a company to keep track of all of its employees and their information like employee demographics, remuneration & benefits, attendance details, and performance related information.

Empower your Logistics Service with Route Optimization - Agaram InfoTech

Empower your Logistics Service with Route Optimization

India's logistic cost as a percentage of the GDP is alarmingly high, nearly double that of developed countries and substantially higher than even BRIC Nations. On reflecting on the reasons for this alarming increase in logistics expenses, we find that the transportation costs are the significant part of a company’s overall logistics spend.

Impact of GST on Manufacturing Sector - Agaram InfoTech

The GST effect on your Manufacturing Business

The manufacturing sector is one of the major contributors of a country's economic development. In the year 2015-16 it has contributed around 16% to the overall GDP of the nation. However the Indian manufacturing domain has been floundering owing to a complex tax structure that has been a major barrier in its performance on a global scale.

The Role of IOT in the future of Manufacturing

The Role of IOT in the future of Manufacturing

The Internet of Things (IoT) is drastically changing business models, with an astonishing positive impact on its processes where automation has made them nearly error-proof and highly result oriented. The application of IoT to the manufacturing industry is called the IIoT.

Technical Implications of GST on ERP

Technical Implications of GST on ERP

Finally, the much debated Goods and Service Tax (GST) has been implemented and has come into effect from 1st July, 2017. The GST has now replaced the several indirect taxes that were in existence. There were many uncertainties associated with the GST and how it would impact the flow of businesses.



It has been anticipated that the Goods and Service Tax (GST) will bring about a massive transformation in the Indian tax system and it is also touted to be a major tax reform from the time of India’s independence. The objective behind the GST is to render the process of indirect taxation relatively easy and is designed to substitute intricate tax forms which includes; service tax, state value added tax (VAT)

Stock Management Simplified

Stock Management Simplified

Organizations are known to maintain large number of stocks. Stock could be anything. It could be machinery and equipment, raw materials to be used for production, manufactured products ready for distribution, non-movable goods or any other kind. In organizations that have large inflow and outflow of stocks, it is very imperative to manage stocks.

Make the Right Choice – Select the Best ERP Software

Make the Right Choice – Select the Best ERP Software

Enterprise Resource Planning (ERP) software has proved to be a strategic tool which if used effectively can present numerous advantages to an organization. With the help of ERP software, organizations can streamline their overall business procedures, reduce operational costs, in addition to several other benefits.

Authenticate your Delivery with Agaram ERP

Authenticate your Delivery with Agaram ERP

Logistics operations involve several systems and procedures that need to be taken into consideration and followed. A seamless transition amongst procedures is integral to smooth operation within the logistics sector. Operations in logistics follows a preset sequence in which the key sequences following the initial procedures would include;

Streamlining Operations in the Oil and Gas Sector

Agaram ERP : Streamlining Operations in the Oil and Gas Sector

The highly volatile Oil and Gas industry is exposed to crisis time and again which tends to threaten even organizations that are known to be most stable. The constantly fluctuating market can create conditions where there is an increase in supply but the demand can be comparatively low or vice versa.

Logistics with Enterprise Resource Planning

Redefining Logistics with ERP

Creating a supply chain network that is responsive, efficient and facilitates organizations to lower operational costs while meeting the expectations of customers can be a challenging proposition. To achieve these objectives, there is a need for organizations in the logistics sector to efficiently manage the highly intricate process of transportation and logistics.

Think Infant Tracking? Think RFID - Agaram InfoTech

Think Infant Tracking? Think RFID!

Of late, there has been a spurt in instances where infants have gone missing from hospitals. In fact, a report by the National Crime Records Bureau (NCRB) of India states that more than 60,000 children go missing in India every year. That would roughly translate into a child going missing every eight minutes or seven each hour.