FASHION, APPAREL, & FOOTWEAR: COST SAVINGS

As we being to finish up this series, Pain Points & Solutions for the Fashion, Apparel, and Footwear Industry, we’re going to dig into the importance of cost savings (not that you don’t already know this) and how a modern ERP solution can be of assistance.

Modern ERP solutions, such as Acumatica and Sage 100, centralize data from all aspects of an organization for real-time decisions-making, and personalize accounts to the role of specific end-users. For example, a procurement manager needs to view different data than an HR or payroll manager. But because all the data in an ERP is integrated, modern ERPs can create an uncommonly valuable business context: not because every end-user in every department gets a view of data structured to the needs of their own particular role, but because that data comes from the organization’s single common data source it’s also consistent across the entire business.

While a modern ERP is the key to streamlining and managing daily functions, there’s also several other benefits. For example, the right ERP solution helps lower costs and improve employee satisfaction with the smooth flow of information between departments. ERP lets you address both tangible and intangible savings. Here’s how…

Operational Costs

  • Efficient allocation of work and swift process performance. A modern ERP solution allows end-users to: automatically generate orders, track order status, change BOMs and design, promote an easy transfer of BOMs to work orders, trace the products in their route, handle small-scale batch runs, and perform an array of activities in a streamlined and systematic manner. Thus, promoting time management, better organization, and employee efficiency.
  • Material requirement planning. The fashion, apparel, and footwear industry has to meet the dynamic and changing demands of customers (which in today’s world are ever-changing). An ERP solution allows end-users to have an overview of materials and resources to avoid inventory overflow or stock out. End-Users can easily view business data in real-time to make prompt and smart decisions to keep up with change.

Administrative Costs

  • An ERP system allows for all customer information to be in one database and streamlines processes to reduce the staff needed to handle transactions.
  • ERP helps end-users automate and address customer queries and requests and to provide feedback in real-time while reducing manual entries and errors.
  • With an ERP system, there is no paperwork regarding employee data, no recording data on sheets, no need for re-entering data for invoicing purposes, no wasting of time, and no losing paper forms.

When everything is in the right place, manual errors are reduced, time is managed better, and employee satisfaction is increased, decreasing your operational and administrative costs up to 15%.

Your Next Steps

Contact the ACC Software Solutions as we understand the unique challenges within the fashion and apparel industry. This knowledge, combined with top technology solutions, delivers a feature-rich, fully integrated manufacturing, distribution, customer management, project management, and accounting solution.

ACC Software Solutions is the leading ERP cloud provider for the South Jersey and Philadelphia area. At ACC, we offer a full range of business management technology services, including consulting, ERP implementation, targeted training, and ongoing support. We aim to build long-lasting relationships based on trust by committing to support your business goals today, and tomorrow. With over 25 years of software and industry experience, you’re guaranteed to find success with our team.

Contact ACC Software Solutions for FREE consultation.


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