Chargeback is amount claimed by Distributor from Manufacturer/Vendor for the accounting difference in the agreed upon price (with customer) and acquisition price (by distributor). Consider the example - Delta sells earpods for INR 2000. This is their marketplace price. Customer... Continue Reading →
SAP Cloud is designed to be consumed by industry but every client has specific needs for which customization is needed. However, SAP Cloud avoids customization to a great extent by employing extensibility in the Cloud core. These changes/modifications needs minimal... Continue Reading →
SAP S/4HANA Cloud is the natural progression of a successful product on premise. With highly connected world with tremendous system performance, this change was inevitable. What makes it even more impressive is the rate of this progression. With competition and... Continue Reading →
In developing country like India, IoT can play a very important role in years to come especially in a post-COVID world which has catapulted the world into another dimension altogether. Following are some of the advantages of using IoT in... Continue Reading →
Cultural differences are reality of globalization. People from different cultures working in close contact far more than ever at any point in the history of mankind. So it has become a matter of great importance that people understand the cultural... Continue Reading →
Gross Domestic Product (GDP) Gross domestic product or GDP is the sum of market values of all the goods and services produced in a specific time period. This aggregate measure of production is usually defined for a state or country... Continue Reading →
Sigmund Freud, the founder of psychodynamic approach to psychology which looks at the unconscious drives instead of conscious ones to explain human behavior. According to him there are three aspects of mind that influence a person's personality - id, ego... Continue Reading →
Account Receivable - Any transaction with a customer means that the organization expects some money is coming into the account. Account Receivable in SAP accounts for all accounting data pertaining to a customer. All postings in AR are captured in... Continue Reading →
I took classes by Jeanne Liedtka on Coursera. She is an exceptional teacher with a phenomenal background. Solving Problems with Design Thinking: Ten Stories of What Works was precisely the book I wanted to read after completing the course. It... Continue Reading →
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