Many people say that ERP is the future, that it is completely necessary nowadays. The following are the reasons to implement an ERP software system in an organization.
A D V E R T I S E M E N T
Enhance productivity, flexibility and customer responsiveness: From quote to cash, an integrated business system helps you get product out the door faster. ERPgives you the tools to maximize the efficiency of business processes across the entire enterprise. Forecast demand to suppliers. Increase on-time delivery. Automate the shop floor. Decrease lead times. Increase order capacity. Make commitments you know you can keep.
Enable new business and growth strategies:Undertaking new business strategies requires an infrastructure that can handle the demands of an industry that is increasingly dependent on technology. Updating and integrating your business processes with an enterprise system enables you to take on more business and grow in new directions. Connect multiple plants. Take advantage of the Internet and wireless technology to connect to customers and partners. Introduce new product lines. Mobilize your sales force.
Eliminate costs and inefficiencies: Using an enterprise system to standardize your business processes can dramatically improve your company’s bottom line. Better resource management results in more inventory turns. Management of your vendor relationships reduces costs for purchased items. More efficient scheduling on the shop floor reduces downtime and overtime. Improved customer service leads to repeat business.
Expand your knowledge of key business data : An ERP system integrates all business management functions, eliminating contradictory information from disparate systems. Reports, graphs and charts on key business data can be automatically generated to provide a higher level of business performance visibility, with the drill-down capability into details behind the data that you’ve always dreamed of.
Extend your business using the Internet:Taking your business onto the Internet can give your company a competitive edge. Web-enabled technology allows you to access information, sell product, run business processes, and communicate with your customers and partners at any time and from anywhere in the world.