Thursday, 15 October 2015

Why You Need ERP For Your Business

So many small as well as mid-sized manufacturers think that they can do without an ERP system. They strongly believe that their operation is easy enough that they can manage it with some spreadsheets. Frequently, this is just not the case. Here are 9 significant reasons, why you should implement ERP system:
Real-time Information for Decisions
Without an ERP (enterprise resource planning) system, your team is flying blind. They make decisions completely based on guesswork and rules of thumb because they don’t have actual data they require. Sometimes, they are the perfect decisions, but more frequent, they are sub-optimum decisions that could cost you money and customer goodwill as well.
Best Practice Procedures
Software companies frequent design their ERP systems merely to support particular industries or verticals. As they add clients, they learn industry best practices and integrate them into the software. By employing an ERP system designed for your industry, you automatically make your business procedures more effective.
Enhanced Visibility
If clients need to know when their order will ship or if you want to know whether you have enough of a significant component to accept a rush order, an ERP system gives you immediate visibility into your operations as well as your supply chain.
Quicker Month-End Close
ERP systems automatically procedure transactions as well as make audit tracks and financial reports that can abridge period-end closings. They flag anomalies so you can examine swiftly, and they abridge repetitive journal entries and other related activities that make closing so difficult and time taking. Quicker closes mean you know the health of your business earlier.
Enhanced Customer Satisfaction
Clients like precise delivery dates, and ERP can help you provide them with enhanced inventory and shop floor visibility. In addition, the improved visibility as well as accuracy will help you to perk up your DIFOT rate (delivery in full timely), which helps keep esteemed clients glee.
Handled and Controlled Costs
ERP systems evaluate and collect costs so you always have an exact picture of your product cost as well as margins.
Better Operational Efficiency
Bu assisting you to sketch production more efficiently, your operational efficiency will enhance as you lessen setups as well as teardowns or pointless downtime.
Precise Records
The consistency of record data that an ERP system instills will help to make sure that your records are more exact, which will boost process accuracy across the board.
Diminished Lead Times and Improved Throughout
Better scheduling as well as precise records make sure that your schedules emphasize on priorities, leading to lesser lead times. Since you won’t have as many orders waiting for tooling or parts, your throughout will increase.
If you may seek any further information, please log on to www.megasoftsol.com or Call 011-46067710
Disclaimer: This Blog/Information/News Item/Press Release has been Posted/Reposted by Megasoft Solutions India. 

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