To remain competitive, warehouse and distribution businesses should consider adapting an enterprise resource planning system. Here are 4 signs that your business is ready.
1. You’ve outgrown your current process
When you've outgrown your current system. When your business first got started, you probably could get away with using Excel spreadsheets to manage inventory. But now have multiple departments with their own systems for accounts receivable, accounts payable, inventory management, and more. A centralized ERP system can bring everything together in one place, providing easy access to information and simplifying your workflows.
2. You spend too much time on manual data entry
If your employees are spending too much time entering data manually, checking for errors, and cross-referencing information across different systems, it's time to consider an ERP system. An ERP system can automate many of these processes, freeing up time and reducing the likelihood of errors.
3. You’re growing rapidly
When your business experiences rapid growth, you need a more robust system. If you find that your current processes are struggling to keep up with your business expansion, it might be time to consider an ERP system. ERP software can help you adapt to changes and support future growth by automating processes and providing real-time data.
4. You aren’t getting an accurate picture of your business overall
With data being added incorrectly and/or inconsistently to your database, it's hard to get a clear picture of what's going on. But ERP software provides real-time information! No more manually cross-referencing and reentering data - your business decisions can be made on real numbers. You'll have better visibility over your inventory levels, pick and pack times, and shipping status. This will allow you to make informed decisions to keep your operations running smoothly and allow you to plan future growth.
In summary, an ERP system can help you overcome many of the challenges associated with warehouse and distribution management. By providing real-time data, automating processes, and improving visibility and control, an ERP system can help you reduce costs, increase efficiency, and boost profitability. If you're experiencing any of the four signs discussed in this article, it's time to consider investing in an ERP system for your business. Contact us to speak with an ERP software expert.