Inefficient organizational software can negatively impact how your manufacturing business is run. Whether it be due to complications with understanding manufacturing variances or failure to effectively track time and materials for a job, having an efficient and easy to use operating system will help to relieve some of the most troubling aspects of manufacturing that affects the productivity of your business. Here are three ways in which ERP software can help improve your manufacturing operations:
Automating business operations
If you’re preparing your business for further growth in the future, you may be considering how to help your operations grow with it. With an ERP system, manufacturing companies are able to automate all business operations, allowing you the flexibility to configure the system to suit your company’s changing needs. ERP systems are not one-size-fits-all, but instead they are configured, so allow for personal customization.
Maintaining your customer base
With increasing competition swaying customers with lower prices or claiming to have the best available products, it’s become even more imperative to find new ways to stand out and deliver exceptional service for your customers. Gain real time information on your company’s operations to help prevent disruptions and delays, as well as break up informational logjams to help both your staff and users make decisions more quickly and effectively.
Reducing Operational Costs
Inventory costs alone affect 20% - 35% of a manufacturing company’s operational budget. Factoring in pricing errors, congested warehouse floors and production shortages, it becomes important to consider how you plan on managing your inventory to reduce additional expenses caused by poor inventory management. ERP systems are comprehensive, which mean that they eliminate the need for separate programs across all departments and help save money on hardware, software and labour. The added benefit of implementing an ERP system however, is that you’ll also be able to proactively manage operations, and reduce the possibility of human error in inventory management.
ERP systems are dynamic and can fit in with almost any industry. Click here to find out if an ERP system can help you grow your business today.
Heimdall Sham, Digital Content Creator, WebSan Solutions Inc., a 2014 Ontario Business Achievement Award Winner for Service Excellence
When selecting a new Enterprise Resource Planning (ERP) software, one of the first considerations to make is whether to go hosted (on the cloud) or on-premise. Although both types have their advantages and disadvantages, it’s worth taking a closer look and offering points of consideration to make the software selection process less daunting. Software Advice, an advisory firm that helps buyers select ERP software, conducted research to create a comprehensive guide to help buyers determine the best type of software needed for their organization, with findings compiled in this article.
The biggest difference between the two types of systems is cloud-based software is hosted on the vendor’s servers and accessed through a Web browser, while on-premise software is installed locally, on a company’s own computers and servers. Although over time, both systems’ cost tend to converge, cloud-based software is priced under a monthly or annual subscription basis, while on-premise software is usually priced under a one-time perpetual license fee.
Some advantages of cloud-based ERP software include its shorter implementation time, great stability with frequent updates from the vendor and no additional hardware investments. On the other hand, some disadvantages of this type of system are its less customizable functionalities and an organization’s possible less peace of mind that comes with data security being in the vendor’s hands.
On the other end of the spectrum, on-premise ERP systems are known to be more customizable and offer greater control over data. However, the implementation process can take longer and organizations have to pay associated hardware and IT costs. Organizations will find that cloud-based ERP systems are more mobile-friendly compared to their on-premise counterpart.
It would be in an organization’s best interest to first assess its needs, budget and top concerns before deciding on the right type of ERP system that will be the right fit.
WebSan Solutions offers Microsoft Dynamics GP and CRM implementation along with valuable resources like training, free webinars and outstanding support. See how we can help your business meet its ERP needs – download one of our FREE Microsoft Dynamics GP or CRM demos today!
Linz Tan, Web Marketing Assistant, WebSan Solutions Inc. a 2014 Ontario Business Achievement Award Winner for Service Excellence