How to Know You Need An ERP
In the manufacturing business, your customers expect quality products at competitive prices, delivered on time. For that You are trying to reduce your cost of quality, drive down expenses, and decrease lead-times to improve overall profitability. But how can you deliver in limited time frame if you have lots of products or projects. You can’t do faster in mannual proces so you must have to make your path to adopt EPR Software.
You’re adding too much staff as you grow—This is a sign that your knowledge worker productivity is lagging. Ideally, the staff headcount in accounting and operations management should increase at a lower rate than revenue growth. Because The more people you have and plan to grow, the more critical it is for everyone to adhere the manual process for their job functions and pass data along the process. An ERP system ensures that necessary customer information entered at the time of quote follows through to invoicing. The people in production see the specifications entered at the time of the sales order. Shipping sends the products to the correct shipping address, using the customer’s instructions on the Sales Order. Without an ERP, you need the same documents (Sales Order, Purchase Orders, Packing Slips, Invoices, etc.), but if they are created separately, they are prone to errors, take longer to enter, and are not linked to financial reporting.
Excel has been amazing for companies large and small, but it is not a system to run your business. The right ERP will automated data captures, managing electronic orders and payments, and provide alert when needed—no manual process required. you know you need an ERP system when your current business processes consume too much time, depend too much on one or two people, don’t provide the information you need, and don’t support your growth plans. Connecting your company with an ERP solution can support current change initiatives, while also revealing opportunities for future growth.” Get started today on your ERP search and discover how an ERP system can launch your manufacturing business to the next level.
If you have more raw materials, work in progress or finished goods inventories that you want, it’s a sign that you lack the means to measure and track inventory effectively. ERP provides real time reporting on inventory and the ability to set quantity or rupees limits, with alerts for situations where the limits are exceeded.
Real ERP serves as a system of record, bringing together data from all parts of a business into a unified whole. This makes full visibility possible, and from that comes business efficiency. Meanwhile, An ERP system can help you to better order management and oversight of delivery and service helps you avoid customer issues. Also, an integrated ERP system lets you engage more deeply with customers and enjoy more positive, growth-oriented relationships.