The supply shortage is nothing less than a nightmare for any business. It brings down the potential earnings, worsens customer relations, and eats your reputation. The last thing that you can think of in a world where superfast deliveries are a norm is not being able to fulfill customer deliveries on time. This is where ERP software makes its mark. Read this article to discover the benefits of ERP software and how it can help you increase your productivity and improve your service exponentially.
1. It helps you provide better customer service
What do you do when you receive a request – say for fifty HP laptops? Do you rely on your workforce to search for them in the warehouse and load it onto the truck? This can be a tiring job as warehouses are huge and humans can carry only a limited amount of products at a time. An ERP software, on the other hand, will trace the exact location of products through SKU, UPC, and RFID and allow robots to pick, pack, and load it onto the truck. This will increase product packing, dropping, and loading times and will help you provide better customer service.
2. It protects your supply chains during times of crisis
Think of a scenario where one of your manufacturing facilities catches fire? Or even worse, think of a pandemic outbreak like the recent COVID-19 crisis which has halted business activities around the world. What would you do in such a scenario? Would you wait for conditions to get normal? This is where ERP software can help. It can automatically purchase essential materials from vendors before there is a sudden rise in equipment prices. Also, it maintains a list of secondary vendors so that you have multiple options to fall back on if your primary vendor is unavailable.
3. It keeps up with shipping demands
While shipping products it’s imperative to take care of a few things – Bills of Lading, Packing List, Shipper’s Letter of Instruction, Certificates of Origin, Proforma Invoice, etc. When you have so many things to take care of, you must use the power of automation. An ERP software does just that. It manages everything at a lightning-fast speed and eliminates human error. Also, while shipping products from source to destination, you must figure out the most efficient route. ERP software can carry out this function with high accuracy. Moreover, it can also send real-time updates to customers about transit status and when they can receive their package.
ERP software is a boon to the supply chain industry. It doubles your workforce’s productivity, triples the strength of your customer cum vendor relationships, and quadruples your execution speed. The sooner you implement it, the quicker you will emerge as an industry leader.
Guest article written by: Nishant likes to read and write on technologies that form the bedrock of modern-day and age like machine learning, data science, AI, and robotics. His expertise in content marketing has helped grow countless business opportunities. Nishant works for Sage Software Solutions Pvt. Ltd., a leading provider of CRM and ERP Software to small and mid-sized businesses in India.
Hello,
Nice tips explained in a very good way.
Thank you for sharing valuable suggestions as it can help in fixing supply shortage with ERP.