A quick glance through the books and a short tour of your manufacturing or distribution facility may show that business is going well. No glaring errors on paper or alarms from the production floor is a good thing, no doubt. However, think smaller and look again. Saving a few cents on inventory can add up to a few dollars and a few minutes saved in production can lead to improved productivity. Identify these small changes and turn them into big results by deploying a robust enterprise resource planning (ERP) solution.
Sometimes you have to look a little harder to find what you need to make a difference. However, if you are using disparate specialty software or elaborate spreadsheets, it may take you longer to comb through data and determine where or how to make improvements to specific business operations. Replacing inadequate business software with an innovative ERP solution can get you started on the right path toward making big changes.
You can manage all of your core business processes within a single, integrated ERP solution such as Microsoft Dynamics® GP. Connecting financials with your supply chain and inventory, manufacturing and distribution operations, and other core business processes can provide unique insight into the profitability of business procedures and spending. By having a seamlessly integrated ERP solution that provides instantaneous inventory information, you can keep closer tabs on the items that are selling well and those that aren’t as popular. Identifying fast-moving inventory, slow-moving inventory, and items that are increasing in demand can be used when making procurement decisions. You can create forecasting scenarios and make strategic inventory purchases that save money, prevent overstocking, and reduce the chances for back-orders or stock-outs. You can also use this information to organize the warehouse to streamline the pick, pack, and shipment process and improve the productivity and efficiency of your warehouse team. These types of seemingly minor changes can add up over time, improving both labor productivity and profitability.
You don’t always need alarms sounding to make the changes needed to improve business operations. Contact Premier Computing, Inc. to learn how you can make small changes that yield big results with the insight and control offered in the right ERP solution.
By Premier Computing, Inc., a Gold Certified Microsoft ERP Partner out of Utah