Outdated business systems can hold companies back from achieving goals, being competitive in industry – all of which impact return on investment (ROI). Kick legacy systems, spreadsheets, and old-school paper-based files to the side.
Today’s technologies can next-level manufacturing companies that are ready to operate better and grow. At the heart of it all is inventory management; when a business knows what it has, as well as where stock levels lie, and what it needs, it’s positioned to excel.
The most difficult step forward is the first. A manufacturing ERP solution is the engine that can drive an organization forward. Putting fears aside is key – whether it’s brick and mortar improvements or those residing in the cloud, there may be some disruption, but it’s for the good of the company.
The discomfort that comes with change is outweighed by the benefits. Let’s look at some of the top factors:
1) Agility
Everyday things evolve, and this is true in manufacturing. What’s essential is to have a business management system that eases pain points while innovating. How does a company handle emerging technologies such as machine learning, robotic intelligence, and wearables?
Systems of old simply can’t measure up to modern solutions that enable manufacturers to navigate mergers, acquisitions, and efforts around right shoring. Data-driven decisions can be made easily and accurately with a cloud-based ERP.
2) Edge
How does a business step up or retain competitiveness? By arming itself with the best possible artillery – only then does it achieve what is needed to be best of industry.
A manufacturing company greatly benefits from quality assurance features that an ERP system brings to the table. Waste reduction and lower delivery costs are only the tip of the iceberg when it comes to benefits.
3) Visibility
As companies create a process for a streamlined way to operate, the trickle-down effect is impossible to ignore. A simplified approach to manufacturing can provide a better way forward for supply leads, regardless of locale and connectivity.
When a business has warehouses that cross borders and span time zones, it needs to be united. Implementing an ERP solution can solve both operational and logistical issues, keeping everyone within the organization privy to real-time insights, breaking down silos, and boosting better decision making, which can improve the company’s standing across its verticals.
4) Efficiency
How much money is lost due to internal errors? The answer: too much. Investing in an ERP can save a company in unnecessary costs and that can improve the bottom line, helping to ensure a more profitable business.
Additionally, when steps are in place to help employees avoid error-ridden protocols, they are able to better do their jobs and perform up to expectations. Eradicating a culture that breeds mistakes helps to boost employee job satisfaction. When staff isn’t overloaded with such tasks, they’re also free to take on jobs that drive exactly what any company seeks to attain – increased productivity and growth.
Ready to Implement Manufacturing ERP Software?
Acumatica makes it easy to engage in a single solution that ties in every aspect of business. With a highly advanced system, customers are able to take advantage of the many beneficial aspects a cloud-based ERP system includes. Le
Flexible, powerful, and born in the cloud, Acumatica Manufacturing Edition ties in every element of your business including consolidated financials, tracked orders and costs, workflow, document storage and customer relationship management, to name a few.
With a long running history of partnering in software excellence, we look forward to the opportunity to take clients into the future with cutting-edge software technology that delivers results. Contact us to learn more!
Additional Manufacturing ERP Resources
6 Ways Cloud ERP Can Help Manufacturers Grow
Digital Transformation in Manufacturing and How ERP Can Help
