4 MANUFACTURING PROBLEMS ERP CAN FIX

Investing in an ERP platform is becoming popular among manufacturing companies. These are the top four complaints from manufacturing companies that have been solved since implementing this software.

Solve Inventory Inaccuracy

One of the biggest problems manufacturing struggle with is tracking inventory. Tracking inventory using multiple software systems can account for inaccuracy and more cost associated with multiple systems. It is near impossible to manually track inventory without human error being an issue. Without an accurate inventory tracker, there is a high chance of inventory inaccuracy. It is easy for inventory to be misplaced or miscounted. With an ERP come accurate tracking of assets which allows for less of a headache on the manufacturer side.

Lower Cost

The cost of multiple systems tracking manufacturing data can have an economic effect on a company. By integrating ERP, operational and administrative cost will be cut as all of your information will be in one system. Along with reduced operational and administrative costs are reduced costs associated with setting up and maintaining multiple data centers.  With this increase in organizational efficiency, you will be able to see unprofitable areas and reduce waste. This can significantly reduce inventory control and management costs, as well as operational costs related to technical support and marketing. In the long run, you will see significantly decrease in costs after implementing an ERP system.

Eliminate Manual Paper Processes

With manual data entry comes human error. It is inevitable that with manual entry being done on multiple platforms, there will be data errors. An ERP system eliminates the need for error and allows for more accuracy. Business’ need accurate data in order to run a successful business. ERP automation allows for the removal of manual intervention in performing tasks and allows for more productivity and profitability for companies. Along with increased productivity and profitability, it is near impossible for duplicate or incorrect data entry.

Increase Data Security

Data security is paramount for many companies. An ERP system offers specific access control so you can approve or deny access to anyone in order for more protection. You can also utilize IoT (Internet of Things) endpoint security to maintain equipment inventory, segregate devices, and analyze network traffic. While your data is safe, it is important that you do regular data auditing.

Are you a manufacturing company that is ready to take the next step in your ERP journey? Check out our Manufacturing Solutions here. Contact us at 856-335-1010 or email us at satkins@4acc.com!