In today's business environment, many companies are required to prepare their financial statements according to specific standards, such as the International Financial Reporting Standards (IFRS).

We continue our conversation with Alexey Nesterenko from FB Group that deployed a business automation system for the retail trade company that sells mobile devices across its network of shops and warehouses.

Do you sell goods? Do you have competitors, suppliers, warehouses and stores? If yes, then this series of articles can give you some valuable tips on how to increase your sales and business efficiency by leveraging automation technologies and handing over the most time-consuming и data-intensive processes to well-tailored algorithms.

Plastic usage has increased approximately 24 times in the last 54 years, growing from 15 million tonnes in 1964 to approximately 360 million tonnes in 2018. Despite its environmental challenges, plastic remains an integral part of our daily lives due to its adaptability and cost-effectiveness. 

In the interview, we’ve discussed how ERP can help companies speed up warehouse processes and simplify customs procedures for export if your company operates in the EU.

In Latin America, the leather manufacturing industry represents a significant economic force, providing jobs and driving growth in several countries. However, this industry also faces various technological challenges that hinder its potential for further development. 

The financial year-end is often a time of great stress for accounting teams, but it's not just annual reports that can cause problems. 

Production and distribution productivity is crucial to the success of any manufacturing company and, therefore, should become a top priority for business owners. 

Textile manufacturing is a complex and multi-faceted industry requiring careful attention to detail to succeed. One of the most critical aspects of this industry is managing multiple product variants, as they quickly add up to the specifications and production complexity.

In the case of international trade (cross-border sales), a business transaction may come in different currencies.

Turkey is one of the leading countries in the global textile and apparel industry. Let’s consider what textile companies can do to outshine their competitors around the globe, and consider how 1Ci solutions can bring current business and production processes to a new level. 

Many trading and production companies face the challenges of the complex supply chain management process. And it's important to use various approaches and corresponding tools for demand optimization.

Today, we’ll look into three main equipment-related problems manufacturing companies might face and how to cope with them using 1C:Drive ERP.

This article touches upon the most common problems of production companies with MRP and how ERP systems might help tackle them.

Today we will talk about how manufacturers can transform their offline businesses to move them online and start their e-commerce journey.

Production planning is one of the crucial steps in the manufacturing process, irrespective of the industry or company size. It normally involves allocation of resources, employees, materials and production capacities in order to satisfy customers needs and produce a set number of items.
 

Low entry barriers have created fierce competition in the textile and apparel industry. Designing fancy and high-quality clothing is already not enough. Consumers’ demands are harder to meet, as digitalization sped up all business processes. Besides, with the emergence of omnichannel commerce, the majority of textile companies can’t keep up with the competitors’ pace and lose their positions.
 

One of the most common topics of concern in the food industry is the risk of infection caused by pathogens. That’s why the safety and quality of the processed raw products are the top priority for businesses. Strict regulations for food production make the industry pretty challenging.
 

There are various production models manufacturers can stick to, depending on the industry and company size. The most popular ones are make-to-order and make-to-stock approaches, which may have a lot in common at first sight. However, there’s a crucial difference between them when it comes to production planning and management.