Busy manufacturers and distributors don’t often have the time to sit back and take a look at business operations. Many times it’s more like a fire drill – responding to problems as they arise. However, evaluating areas where the business could be struggling can lead to quality improvement in areas including inventory management, labor productivity, packing and shipping, and customer service. Get to key metrics in record time with the support of an enterprise resource planning (ERP) solution.
Businesses pursuing lean manufacturing methods often perform simulations or observe operations throughout their facility with a focus on identifying waste and inefficient processes. These types of inspections can support efforts to simplify common tasks which can improve labor productivity and identify other areas for improvement. Another way to streamline operations and make improvements is by replacing inefficient technology with ERP.
Spreadsheets and specialty software may serve many purposes, but they are not an ideal way to manage your business. Disparate solutions can be expensive to manage and difficult to use. Today’s ERP solutions are integrated and provide a centralized location for all of your business data. You can manage finances, supply chain and inventory, manufacturing and distribution operations, human resources and payroll, and other core business processes with greater efficiency from one solution than many disparate solutions. The time that you and your team will save when entering and looking for data can then be spent on other important business tasks.
Many ERP solutions, including Microsoft Dynamics® GP, offer built-in business intelligence and robust reporting features. RoleTailored dashboards can also be used by managers to monitor key metrics in real-time. You can use these features to identify trends within your business data such as customer demands, inventory usage, and other processes, which you can then use to make improvements. You can gain control over inventory, for example, reducing stock-outs or overstocking, and save money by making strategic procurement decisions. You can also get closer to finances and identify ways to reduce waste or improve cash flow.
Don’t wait for the proverbial squeaky wheel, be proactive and discover where your business could be falling short and strengthen those weaknesses. Contact The Resource Group to learn how ERP can improve operations and provide the insight needed for quality improvement.
By The Resource Group, a Microsoft Dynamics GP Partner out of Washington