Fashion Tech for Growth: ERP Solutions for Small Businesses & Startups

October 13, 2024
Inventory Management, N41 ERP software, Technology

The fashion industry needs to remain efficient to grow. This is particularly difficult for small businesses and startups. Once you factor in unsold items and seasonal price adjustments, the net margin can be extremely small. Fortunately, enterprise resource planning (ERP Solutions) is available to companies of all sizes. ERP can optimize your inventory, make it simple to streamline your operations and assist you with supply chain management. These factors can help startups and small businesses stay afloat during lean times. …

Apparel Designing Software: Which is Best for You?

September 4, 2024
Fashion, Technology

Choosing the right apparel designing software takes more than simply picking the most popular option. You’ll need to consider many things, including software integration and your company’s strengths and weaknesses. For example, if your designers are fantastic with clothing but aren’t so great with design apparel software, you’ll want to choose something easier to use, such as Digital Fashion Pro. On the other hand, if your designers have a lot of software experience, you might prefer Corel Draw or Adobe…

Virtual Warehouse: Maximize Efficiency, Cut Costs, and Boost Profits

August 13, 2024
Inventory Management, N41 ERP software, Technology

Putting inventory into your virtual warehouse is a fantastic way to ensure that order fulfillment and inventory management remain under control. In fact, virtual warehousing is a business opportunity, and it simply makes good sense to take advantage of it. Just make sure that the virtual warehouse you choose offers integration with your ERP. What is a virtual warehouse? If you want a 360-degree view of your available inventory, then using a virtual warehouse is key. This fulfillment and distribution…

What’s the Difference Between ERP and Accounting Software?

February 14, 2024
News, Technology

Running a small business may initially allow you to get away with using spreadsheets to track everything, but eventually, you’re going to begin scaling up. Once you do, you’ll discover the many weaknesses inherent in relying on outdated processes to keep up to date with your company’s sales progress. For example, spreadsheets are: Difficult to test or troubleshoot. Time-consuming. Prone to errors. Make collaboration difficult. Prone to security issues. Make scaling problematic. In other words, it’ll be time to move…

Technology Solutions for Fashion Supply Chain Problems

May 9, 2023
Fashion, Inventory Management, N41 ERP software, Technology

As a business owner, you might be looking into the best ways to manage your inventory and supply chain processes. To optimize these activities, you need a comprehensive system that provides real-time tracking and visibility. This gives you improved control over the entire process while ensuring that there are no delays or disruptions in your operations. This article discusses the top technology solutions fashion brands can use to help them streamline their inventory management and optimize the supply chain. It…

10 Reasons Why the Apparel Industry Needs Inventory Management Systems

April 12, 2022
Inventory Management, Technology

Inventory management is a critical part of the success of any business. When it comes to the apparel industry, having an effective inventory management system is essential. This is because the apparel industry is unique in several ways and requires a specific approach to inventory management. In this article, we will discuss the 10 reasons why the apparel industry needs a robust inventory management system. Why the Apparel Industry Needs Inventory Management The cost of retail, logistics retail rental space…

What are Perpetual Inventory Systems?

March 15, 2022
Technology

Inventory management is a critical part of any business, yet it can be difficult to get right. Likewise, there are many different inventory systems, and it can be hard to decide which one is right for your business. As a result, many business owners turn to a perpetual inventory system because it is well-rounded and efficient. This article discusses aspects of the perpetual inventory system, including how it works, its benefits and why you should consider implementing this system for…

Warehouse Management Systems and Software Solutions

February 15, 2022
Technology

Most people think the products on supermarket shelves feature barcodes to make checking out quicker and easier, but these black and white strips of data do far more than that. They are connected to software that monitors stock levels and reorders items automatically when supplies run low, which improves efficiency, prevents empty shelves and reduces waste. Automated inventory tracking was pioneered in industries like food and fashion where time is of the essence. Food that is not sold quickly spoils…

How IoT Connectivity is Disrupting the Fashion Industry

August 31, 2021
Fashion, Technology

The Internet of Things (IoT) refers to the exciting idea that everything in the world could be connected through the internet and controlled over a network wirelessly. And, now, more than ever before, we see this come true. Additionally, Statista forecasts that the number of IoT devices worldwide is expected to almost triple from 8.74 billion last year to over 25.4 billion in 2030. Likewise, the escalating demand for IoT products is disrupting the fashion industry in numerous ways. This…

Artificial Intelligence Impacts Fashion Industry

June 25, 2021
Fashion, Technology

Artificial intelligence is reverberating throughout the fashion industry and changing the clothes in which we live in. Meanwhile, the emerging and rapidly evolving tech is a perfect accompaniment to the industry’s forward-thinking and cyclical nature. This post takes a look at intelligent design and ways in which artificial intelligence is changing the fashion industry for the better. What is Intelligent Design? Both intelligent design (ID) and artificial intelligence (AI) fields address and utilize intelligence. Intelligent design addresses the information seen…