Manufacturing companies can stay competitive by investing in industry-specific solutions like enterprise resource planning (ERP) systems. This blog will discuss the top 5 ERP features every warehouse and distributor needs to implement. Learn how ERP solutions can feed the heart of your business while making meaningful changes.
1. Automated Work Flow
Automation is a key feature for manufacturing warehouses. With an ERP system, online workplace production can be automated and data kept in a centralized location. This allows all users to access data whenever needed. For example, the automation feature in your ERP system should include functions like automated inventory movement using RFID, automated order processing, sales order reporting, and self-service for customers. These are a few functions that can save your company time. By reducing repetitive tasks, employees can use their time more efficiently and increase productivity.
2. Warehouse Management Capabilities
An ERP solution will help to optimize processes in your warehouse and the use of floor space. The scanning capabilities of RFID devices allow your team to know the location of every inventory item. By syncing RFID devices with an ERP system, warehouses can refine the process of picking, packing, and shipping. Between receiving orders and departing shipments, you may trace items using serial numbers, lots, and batch information. Your warehouse is the heart of the supply chain, an investment in your ERP solution can bring your business much-needed change for optimal health.
3. Forecasting and demand planning
It is a balancing act to maintain optimum inventory levels while meeting consumer demand. Manual processes are subject to human error. Using an ERP that includes demand planning will help eliminate excess inventory, meet customer demand, and mitigate supply chain disruptions.
Incorporate data from prior sales and sales projections with forecasting and demand planning capabilities. Inventory management is made easier using features like automatic procurement, supply plans, and supply orders. Companies can forecast more accurately by synchronizing the key functions of purchasing, sales, and supply. By ensuring your ERP is equipped with forecasting and demand planning, your business could see overall improvements in inventory management, increase customer service levels, and react rapidly to changes.
4. Electronic Data Interchange (EDI)
Data communication between business partners without human intervention is referred to as EDI. It electronically transmits data and documents, including purchase orders, invoices, and shipping invoices.
ERP with integrated EDI is particularly helpful for big volume distributors. It improves security, accessibility, and transaction speed while removing the possibility of data loss.
5. Retailer Compliance
Retailers have a comprehensive list of compliance requirements. For instance, companies can demand EDI before conducting business. Tracking details like full shipments and on-time shipping labels can be tedious. A company can be charged penalties or other fees if they fail to meet the retailer's standards. These requirements and policies can be managed with the aid of a reliable distribution ERP. This reduces the risk of being fined and helps to maintain solid relationships.
By choosing an ERP with features that meet all your requirements, you’ll shield yourself from costly headaches in the future. Don’t waste time using a solution that doesn’t meet your unique needs. Listening to an expert's opinion could save you time and money. That is why BAASS is here to help. Contact a BAASS expert today and find out which ERP features are right for your business.