The Many Benefits of a Manufacturing ERP Solution
The manufacturing industry is always changing and developing. Competition is always growing. Managing costs is always a challenge. The level of precision that goes into product development is unparalleled. With all of these difficulties, it can be challenging to establish a lean, efficient manufacturing environment and process.
Fortunately, a suitable manufacturing ERP solution can help make some of these day-to-day challenges a lot easier to tackle.
What is Enterprise Resource Planning (ERP)?
Enterprise Resource Planning (ERP) is the integrated management of core business processes (often in real-time) with the use of software and technology.
An ERP system integrates all the core functions of a business, such as manufacturing processes, sales, marketing, accounting and finance, reporting, etc., allowing the business to maintain a single database. ERP systems make it easier for order tracking, inventory tracking, revenue tracking, sales forecasting, and so much more.
Examples of Manufacturing ERP’s:
- SYSPRO
- Microsoft Dynamics NAV (Business Central), AX and more
- SAP
- Acumatica
- Sage (Sage 100cloud, Sage 300cloud, and Sage Business Cloud Enterprise Management)
- NetSuite
- And many more
The Role of ERP in Manufacturing Industries
Manufacturing ERP software solves a number of challenges and provides invaluable benefits to manufacturers seeking to reduce costs, manage growth, streamline processes, and gain a competitive advantage.
ERP systems are tailored for organizations based on the number of employees or users, as well as industry. It’s important to choose a solution that will support the unique functions of your organization.
The Importance of ERP and CRM Data Integration
Many manufacturing companies leverage a Customer Relationship Management (CRM) system, such as Salesforce, Zoho CRM, or Microsoft Dynamics 365. And in the case of using manufacturing ERP and CRM systems, it’s better to integrate certain data, which can help you grow your company, become more efficient, avoid duplication, increase sales and more.
If you already have an existing CRM system, why not use Commercient SYNC to integrate your ERP data with a one-way or two-way SYNC?
Commercient SYNC, the #1 data integration app for sales, connects your accounting, sales and marketing systems. You will have a 360-degree view of sales, and your team will be able to improve your overall processes.
From ERP to CRM, your sales team will be able to access customer information, invoices, serial numbers, inventory, terms bill to and ship to addresses, and more. And from CRM back to ERP, Commercient SYNC integrates new accounts, orders, and much more.
5 Benefits of Using Manufacturing ERP Software
Time-saving
Manual, time-consuming processes are replaced by automated, streamlined ones. This saves time, and significantly reduces the potential for human error.
Increased efficiency and productivity
Because business processes are streamlined, all the company’s data is available in a centralized location for all personnel to access in real time, without any dependence on an individual or team. This improves efficiency and productivity and helps the business maintain its customer commitments.
Cost reduction
With one source of accurate, real-time information, manufacturing ERP software reduces administrative and operational costs. It allows manufacturers to proactively manage operations, prevents disruptions and delays, and promotes faster decision-making. The ability to track inventory accurately and integrate it efficiently with production planning also eliminates excess inventory and warehousing costs.
Flexibility
Most ERP manufacturing software systems are flexible and configurable. They are not a “one-size-fits-all.” They can be tailored around the individual needs of a business. ERP systems also have the ability to adapt with the ever-changing needs of a growing business.
Improved customer satisfaction
Accurate production planning, enhanced control over inventory, streamlined process scheduling, and coordination of distribution channels enable manufacturers to improve on-time delivery of products. Delivering products on time is critical to maintaining customer satisfaction. ERP solutions for manufacturing organizations offer data in real-time, so decision makers can get a realistic view of inventory levels at any time.
Businesses in the manufacturing industry are constantly striving to create new products and solutions for their customers, all the while trying to maintain costs and show a profit.
This makes it imperative for such businesses to have an integrated solution that can enhance efficiency, diminish costs, increase sales and profitability. This enables the organization to make accurate, informed and strategic decisions.
To learn more about manufacturing ERPs, please visit Edgeware.
If you’re ready to help grow your business by integrating your ERP and CRM with Commercient SYNC, please contact us today.
About the Author
Anna Kinnear is a Sage Financials Consultant at Edgeware, and holds a Bachelor’s Degree in Accounting Science from the University of South Africa. She has always had a passion for reading and writing.
