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Impact of GST on common man.

Impact of GST on common man.

Simplicity over complexity’, seemed to be the motto of Hon’ble Union Finance Minister Arun Jaitley, while introducing the much in debate GST bill. And it is for the common man of India. The bill called a game changer in every respect is supposed to roll out major changes for the country. It is basically a […]
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Impact of GST on Pharmaceutical Industry.

Impact of GST on Pharmaceutical Industry.

The Goods and Services tax (GST) is one of the India’s biggest indirect tax renovations. It is expected to be beneficial for Indian drug makers in long run as its objective is to simplify tax structure and bring operational efficiency. However, the details such as the application of the rates to Pharma is not known […]
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HSN Code

What is HSN code under GST?

The full form of HSN code means Harmonized System Nomenclature. This post explains about HSN codes classification into 2 digit HSN code, 4 digit HSN codes, 6 digit HSN codes and 8 digit HSN Code number. HSN code number is widely used in many countries to classify goods for taxation purpose, claiming benefits etc. Harmonized […]
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How warehouse management system deliver ROI?

How warehouse management system deliver ROI?

In this intense competitive business environment, many companies are planning to upgrade their existing warehouse management system (WMS) or planning to adopt WMS for the first time. So the decision makers want to evaluate the return of investment before their technology selection. Through this blog we are trying to explain the methods to calculate the […]
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Technology trends to build smarter warehouse.

Technology trends to build smarter warehouse.

Globalization, androidization and digitization has really made the customers- The King, as todays educate customers expect best quality at fair price on time. The biggest challenge in front of the industries like FMCG, Food & Beverages, and Pharmaceutical is to satisfy the mammoth customer base and achieve JIT (Just in Time) delivery. Hence these industries […]
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Common challenges face by purchase professionals

Common challenges face by purchase professionals

Due to the globalization of manufacturing operations, procurement network, increasing competitions and increase raw material prices, management is looking for the ways to reduce the cost without compromising quality and to retain or increase margin. Here purchase department is playing an inevitable role to achieve the organizational goal of managing cost and protecting margins. Here […]
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