ERP is Enterprise Resource Planning and manages relationships and integrates business processes, often in real time. It is the seamless integration of all information flowing through a company, such as financial, accounting, human resources, supply chain and customer relationship management (CRM).
For example, in manufacturing an ERP system allows the tracking of orders and other important planning and control information throughout the entire company from procurement to customer delivery. It is the end-to-end cycle of processes within a business. It enables managers to have visibility across the complete span of the supply chain by the sharing of data.
User interfaced, an ERP is designed in such a way that it can support business processes, help with decision making, support strategy, and help with business operations. In a nutshell, depending on what system is implemented, there is a plethora of add ons and user integrations that can be implemented or personalised.
Increased communication and responsiveness
An ERP enhances the capabilities of unifying departments and enables company-wide cooperation and system processes to achieve objectives for stakeholders. With the increase today of global companies and a flatter world, companies must enable themselves to better handle the customer journey and be able to cope with the increasing competition and rising customer expectations.
This puts immeasurable stress on companies to reduce supply chain costs, shorten throughput times, reduce inventories, expand product choice, provide reliable delivery dates and better customer services, improve quality and efficiency, and coordinate the damnd of global supply and production.
Is an ERP the right digital transformation for your company?
Looking for something and feel like an ERP might be what you need, but just not sure? Or perhaps you have an existing ERP and it just isn’t doing what you need? If you are at this stage we highly recommend that you think about what your goals are and have you already prepared a digital roadmap with a strategy in place for your company? Need some help doing this? At BrainStorm IT we have over 50 years experience in ERP’s from working out digital strategies through to finding the right solutions for your company.
Want to find out more? Get in touch with us.