What is SaaS?
Software as a service (or SaaS) is a way of delivering applications over the Internet–as a service. SaaS provides a complete software solution that you purchase on a pay-as-you-go basis from a cloud service provider, rather than paying a large upfront fee, a customer can just pay a monthly subscription and have access to the software.
Cottage Industry in India
Carpet weaving in India was introduced in the 16th century and Indian carpets have a huge demand in the international markets. The handmade carpet industry employs over 20 million workers and artisans in the country. Currently, India is ranked first in carpet production and exports. The country produces a wide range of handmade carpets and other floor coverings in low, medium and high qualities.
Cottage Industries: Driver of Inclusive Growth and Social Empowerment
Indian Handmade Carpet Industry is Highly Labour Intensive and provides employment to over 20 Lakhs workers/ artisans especially women directly or indirectly in the rural areas. Most of the artisans/weavers employed are from the weaker section of the Society and this trade provides extra and alternate occupations to them including farmers and others at their homes.
Digitizing production: Cloud apps and Enterprise Resource Planning for productivity
Why SaaS?
One of the biggest problems with software is that you don’t always get the latest version as it comes out. Due to contracts and cost, it may take months to get your hands on the latest version which greatly affects your ability to keep up with those who are able to get the newest features immediately. With SaaS, getting the latest features is made simple. Those on subscriptions don’t have to wait to upgrade their software. SaaS users gain access to the latest version of the software as upgrades are rolled out, for no additional cost.
What is ERP?
ERP is a type of software used to manage core business functions such as accounting, inventory control, supply chain management and more. ERP systems unify multiple business processes ensuring a single source of truth within a company.
SAAS ERP
Software as a service (SaaS) ERP usually employs a multi-tenant SaaS architecture, in which multiple purchasers share the same instance, or copy, of the software, underlying infrastructure, and database, but with each tenant's data securely separated.
How Does ERP Help Small Manufacturing Businesses Grow?
The global pandemic has brought significant changes to the manufacturing industry. To grow, small manufacturers need to rethink their production processes and consider digital solutions. Many small-scale manufacturers are ready to go digital but investing in a new ERP system raises some concerns for them. It may be the cost of a new system, the time involved in researching solutions and implementing, the employee learning curve, not understanding the ROI, or something else. But businesses that invest in an ERP solution can increase efficiency, productivity, and profitability to help them grow. ERP software offers real-time visibility into the organization. Overlooking a $1.00 item could cost your business thousands of dollars. From tools used on the shop floor to production components stored in warehouses to million-dollar, heavy-duty machinery, ERP helps you manage and maintain resources across all departments.
CONCLUSION
India’s cottage industries are culturally and economically significant. They preserve ancient traditions while simultaneously employing a large number of people. Because these industries confront intense competition from other economies, society should provide support to prevent exploitation and further develop them. The only solution to combat the monster of unemployment in overpopulated countries like ours is to promote cottage and small-scale industries.
