steps to prevent revenue leakages

Preventing Revenue Leakages in Manufacturing with ERP

Preventing Revenue Leakages in Manufacturing with ERP
Prevent Revenue Leakages in Manufacturing with ERP Revenue Leakages refers to the unintended loss of potential income or profit in a manufacturing company. Revenue leakages are invisible holes in the manufacturing industry.  They are not visible in general, but create a big hole in profitability. Revenue Leaks occur primarily due to reasons such as manual processes, data present in silos across departments & locations, poor visibility, and inadequate control over key business areas. This may result in errors, oversights, non-compliance, chances of theft & fraud – all of which can l...
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