If you are the owner or a manager of a manufacturing business, you know that keeping your workflow processes running smoothly is a key component in meeting your obligations to your customers and keeping productivity at an acceptable level. Without a steady stream of orders, it will be challenging, if not impossible, to keep the business operating successfully for very long. An enterprise resource planning (ERP) system can provide several benefits that can help a manufacturing business run more efficiently, keep costs in check, and even boost profits.
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Advantages of an ERP System for Manufacturers
- An ERP modernizes your inventory management.
If your team is still using pen and paper or a spreadsheet to track inventory and must wait for the data to be entered into your system to get up-to-date inventory data, throw away the clipboard. An ERP system will automate this process and allow your workers to spend their time on other tasks. It will also give you accurate, actionable data in real-time that your managers can use to make better decisions around scheduling, labor, materials, etc.
- It gives you better supply chain visibility.
An ERP system provides better insight into your entire supply chain. It interprets the numbers and crunches them, so any issues are identified quickly. Your team can then deal with them promptly.
- An ERP helps keep costs down.
It is always a challenge for business owners to keep a handle on rising costs without having to cut spending. Deploying an ERP in a manufacturing business increases accuracy. This system also gives your managers a powerful tool to manage operations more efficiently to prevent delays. As a result of these two factors, administrative and operational costs will drop.
- It increases quality control.
An ERP system has an important role to play in manufacturing. It helps the business carefully monitor the quality of the products being produced. If a problem does happen, it is detected quickly and can be corrected right away.
- Customer service levels improve.
Customer service is a key component in business. It is always better to keep a loyal customer than it is to try to find a new one. With ERP software, your customer service representatives can access a customer’s information and previous buying history with ease. They can answer the customer’s questions and address concerns promptly.
The ERP system can also be used to tag customers for discounts based on their history or the size of their order. Shipping operations are automated, and customers receive their products in a more timely manner. The ERP software greatly reduces the likelihood of errors. Customer retention rates increase as a result and your business reaps the benefit of further potential orders.
- It helps you stay in compliance with regulatory changes.
It can be challenging to stay up to date on the latest version of the applicable regulations for your industry when they are changed and updated frequently. An ERP system will help ensure you are compliant with regulations and legal changes. The software will save you money that could be levied against your company for non-compliance.
Take Your Manufacturing Business to the Next Level With PositiveVision
Planning is a key element when making any change in your manufacturing business. It makes sense to consider the value that a business system brings to the table before committing to it.
PositiveVision has been working with manufacturing businesses for close to two decades. During that time, we have kept our clients’ manufacturing systems connected and current so that they can function efficiently. We help our clients work well today and prepare for what’s next. Are you looking to connect your ERP system, or would you like to add a new ERP to your business? Contact an ERP expert from PositiveVision now to get started.