How ERP can improve business efficiency?
How ERP can improve business efficiency? We have the answers.
Put simply, if your ERP system is failing to provide improved business efficiencies then it isn’t being made to work for you.
Many manufacturing businesses are being hurt by wasted time, money and resources that drain your bottom line and result in missed opportunities for better processes across departments.
With Enterprise Resource Planning (ERP), you can reduce lead times, improve the quality of your services, cut costs and free up time so staff can focus on the things that matter.
With that in mind, what are the key areas where ERP can deliver better business efficiencies? Here are just a few:
Reduce waste in your business
Your ERP system keeps track of work flows to help you keep an eye on what’s slowing down your routine operations.
This increased visibility is what allows you to make proactive decisions that provide better efficiencies.
Making better use of warehouse space, finessing delivery times and reducing production turnaround times can all be achieved with a good ERP system that has been implemented to suit your needs.
Deliver consistent improvements
Now that your workflows have been documented and the data has been pored over, you can get on with making incremental (or perhaps more dramatic) improvements.
There is always an opportunity to boost productivity that will increase profit.
By producing regular reports, your ERP system will light the way to consistent forward motion that delivers on the promises at the start of the project.
Better customer relationships
It’s common for people to be unaware that most ERP systems come with their own Customer Relationship Management (CRM) modules.
By applying this to your business, you can rest assured that any orders will be simplified and centralised.
This also helps in organising workflow across multiple departments – allowing finance, deliveries, inventory and production to work as one to deliver the product to the customer on time and under budget.
The ability of customers to track their order with minimal fuss is an added bonus.
Making orders efficiently
It should come as no surprise that your ordering system can be made more efficient with ERP.
In shifting away from manual processes, you can instantly gauge product demand and maintain visibility so there are no nasty surprises.
You can use this data to ensure all team members are up to date on what the production, supply and inventory requirements are, allowing workflows to continue uninterrupted.
Collaborating between departments
Collaboration between departments is a sign of a healthy business that is working to optimum levels of productivity.
Unfortunately manual processes often get in the way of important information being shared across the business. As a result, blind spots develop.
With ERP, you can facilitate collaboration across the business by ensuring these blind spots are eliminated. Instead, all personnel will receive key information whenever they need, keeping all areas of the business up to date with the latest demands.
Did you enjoy this article? Perhaps you want to learn more about the business efficiencies that Epicor ERP can deliver? If so, please get in touch with one of our CBO experts here.