ERP Software

What ERP Supply Chain Software Can Do For You – Part 1

Many Enterprise Resource Planning (ERP) products include Supply Chain software as a module or component to their ERP solution.  ERP Supply Chain software provides functionality for all supply chain operations.  This functionality is automated and electronic, eliminating human error and making your supply chain more efficient.  That all sounds great, but let’s see what ERP Supply Chain software can really do.

One essential ERP Supply Chain feature is inventory management.  We all need to track our supplies, manage our supplies, manage components needed to produce our products, complete products on schedule and within budget, fulfill sales orders, and make sure our inventory is always accounted for.  ERP Supply Chain software has functionality that allows us to do all these things.  Another essential ERP Supply chain feature is order management.  Order management controls the entire ordering process from the moment the order is received until the order is filled and delivered.  Order management also enables you to manage your orders of necessary supplies used to manufacture your goods.

ERP Supply Chain allows just-in-time (JIT) management.  JIT management is a practice that allows you to keep your inventory levels at a minimum.  Keeping inventory levels low means that you don’t have to store a lot of inventory.  Storage space can cost you oodles of money.  With JIT you can forecast and plan you inventory levels so that orders are processed more quickly and efficiently.  JIT can improve the entire flow of your manufacturing process.

ERP Supply Chain analytics enable you to see how well your supply chain works.  Essentially you can measure your own performance in terms of monies you are saving, customer service, productivity, and quality.  For example, you can query reports on how your JIT procedures are working to save you warehouse costs.  You can query the number of customer complaints to see what your customer satisfaction record is looking like.  You can also query the number of on-time orders versus late orders.

Enterprise Resource Planning Supply Chain was created to solve supply chain problems that lead to extra spending, to improve poor customer relations, and to improve poor supply chain management.  If your business finds itself experiencing any of these problems, take a look at supply chain management software from a well respected ERP vendor.  Managing your supply chain is all about having the resources to meet, but not exceed, customer demand.  ERP Supply Chain software monitors all supply chain processes and manages goods, services, inventories, payments and facilities that are all part of the supply chain.