Use ERP solutions to increase efficiency and productivity

Posted by WinMan on 22 Sep

erp-software

Enterprise Resource Planning, ERP, is a system aligned to business improvement processes that many companies use to integrate and manage essential parts of their business. For a long-time businesses, especially those in manufacturing, have found it difficult to balance lots of moving parts in the manufacturing process without impacting the business or sacrificing resources elsewhere. This has often forced them to hire additional heads, which in turn has increased operating costs. The rise of computer software integrations with daily business operations has helped to build modern practices, and today ERP systems are used across a wide range of industries to help automate functions.

Key areas within which an ERP system can make your business more efficient

An ERP system is made up of various modules offering an array of tools that help different areas of your business communicate with each other more effectively. ERP solutions integrate all areas of your manufacturing company, including accounting, human resources, eCommerce, business intelligence, supply chain management, warehouse management, inventory management, and more. Cleverly built systems also enable you to automate business processes leading with new levels of accuracy and efficiency, this could for example be raw material stocks or the number of assembled products available on the shelf ready for sale. Some of the areas that benefit from automation include:

 

Sales order creation

Relying on manual, paper-based processes to manage sales orders and invoicing could be costing your company money. If data is entered incorrectly, your company could experience revenue leakage, or financial issues, making it a challenge to develop accurate reporting. An integrated ERP system automates sales order creation by automatically capturing data from a placed order. This provides audits trails for better visibility and also helps increase efficiency and accuracy.

Inventory management

Manufacturers can lose time maintaining a holistic view of their inventory if they rely on manual counting and tracking. However, with an ERP system, you can accurately track stock levels in all your warehouses, goods in and loading areas. Gaining this level of visibility helps you maintain the optimum product quantities required to fulfil customer demand.

Financial reporting

Every business owner wants to gain a better understanding of their business, especially its financial health. However, if you are still using traditional bookkeeping methods that are not integrated with the rest of your day-to-day operations, getting financial data on time can be difficult. Luckily, ERP software allows you to automate report generation to always have real-time data on sales trends, high margin customers, underperforming product lines, and more, as some ERP systems give you the flexibility to build the reports you need. Having access to this information helps your teams make well-informed decisions and undertake higher-value initiatives.


The benefits of an ERP system in manufacturing

It takes advantage of the cloud and mobility

Cloud-based ERP solutions allow companies to store and manage data and software in the cloud where an ERP software owner manages it for you. Compared to on-premise ERP solutions, cloud-based ERP solutions offer enhanced performance metrics and greater accessibility. The ability to use it on mobile devices, allowing you to update information in real-time while you move around. This enables your senior management teams and their teams to use business data to manage operations more effectively and flexibly.


Saving you money

ERP systems document your workflow, allowing you to identify any redundancies or inefficiencies that may be slowing down your day-to-day operations. ERP data and intelligent analysis will help you find and implement solutions to these areas of inefficiency once highlighted in your regular business reviews. Some of these solutions include automation, workflow monitoring, scheduling, and ensure that your company optimises lower input levels while maximising production outputs.
 

ERP solutions through Winman

An integrated ERP system has the power to change your entire business for the better. If you want to improve your manufacturing efficiency, contact us today to find out more about our ERP solutions.

Access your free guide to understanding the benefits of lean here:

Download now

Topics: ERP Software, Business Management Software, Lean Manufacturing, Business Efficiency, Process Manufacturing

Sign up to our newsletter

The information contained in this website is for general information purposes only. The information is provided by WinMan and whilst we endeavour to keep the information up-to-date and correct, it is subject to change or withdrawal at any time. Personal details: When you request further information about WinMan, subscribe to our blog or leave a comment we collect personal details from you, including information such as your name and address. This information is needed in order to satisfy your request however the majority of this data we request is not compulsory and may be omitted if desired. For more information please see our full privacy and cookies policy.

Ready to go to the next stage? Schedule an overview with our ERP consultants to  discuss your current requirements.

Get in touch

Call today:

+44(0) 121 749 8050

Mon - Fri 9AM - 5.30PM


or submit an enquiry: