Latest Articles from Axxis Consulting

Being a trading nation, Malaysia continually seeks innovative ways to grow their market and deliver more improved products. The Southeast Asian country has radically improved its manufacturing sector over the past few years, making it the leading player in the global market. This is what made Malaysia into a major industrial nation. The country’s manufacturing industry has undergone rapid evolution in recent decades, starting from mass-scale production to the use...

Living in an era of high market volatility, it’s important for companies to respond to the dynamic customer trends, demands, and uncertain supply. Moreover, the current pandemic crisis has led to various challenges like budget and capacity constraints, change in customer behaviours, etc. Businesses, therefore, need to offer more sustainable and personalized products. The fierce market competition forced companies to undergo a digital transformation and adopt an Industry 4.0 model....

The term Industry 4.0, also known as the Fourth Industrial Revolution, encompasses the opportunities provided by the new industrial revolution to boost productivity and scalability. It combines advanced and intelligent manufacturing techniques with IoT (Internet of Things), aimed at creating interconnected systems that analyze, communicate, and use relevant information to drive actions intelligently. In short, the Fourth Industrial Revolution refers to the automation of traditional industrial and manufacturing processes through...

Businesses, big or small, can’t run efficiently if they don’t get their finances right. Keeping a check on how and where your spendings are going is extremely vital, especially if you are a small business owner. Managing and tracking all your expenses manually would be a hectic task and is highly time-consuming. Therefore, you need an effective expense management system that ensures flawless reporting of your spendings. Such an automated...

Have you lost track of your employee expenses and therefore, unable to manage your finances? Are you still largely depending on spreadsheets, which make the entire expense management process slow and inefficient? It’s time you upgrade to a better process that automates all your expenses, thus saving your time. As business owners, we all look for ways to cut down the costs and carry out various operations faster. We constantly...