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Can ERP Help Or Guide Management In Taking Action Or Decisions?

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A fully centralized ERP has a major role in defining the needs for production and manufacturing which enables the management of the company to take quick decision to meet the fresh demands of the market. The system provides integrated solution where the modules such as the shop floor, material, sales representatives, accounting and delivery are interrelated, and it enables the sales person to easily get the data on spreadsheets which can be used for quoting.

The CRM tools helps the management to get information about the requirements of the customer, material used, the place where the material are purchased and the departments which should be contacted to complete the process of production and delivery of products.

Features of ERP that enables the management to take quick action and make adept decision are

Get The Needed Data at The Time of Decision Making: Since the accounting module is integrated to production and marketing, the data required for making a production plan is available to the management and it can take decisions based on the data available. The decisions can be made immediately when the market demand rises without spending time on collecting data from various departments related to the availability of stock, human resource and funds.

Improve Communication: The software allows the company to communicate easily to its customers and provide online customer service. It can get feedback without investing heavily on it and the updated information helps the company to maintain a regular client base. The automatic email system allows the company to stay in touches the customers and the customers can send complaint through mails. The organization can even stay connected to the business partners and purchasers irrespective of its business locations.

Analyze the Market Demand: The software can provide accurate response related to the market demands as it can get data through online surveys and client's demands. The system can integrate the data of CRM to accounting to analyze if the company ahs funds to fulfill the market needs or not.

Product Engineering: Software enables the organization to design a product in 2D or 3D format through various tools and this eliminates the requirement to create new records for every new demand. The existing items can be merged, analyzed and engineered though the software. Software enables the company to design a number of formats for P.O. and it provides the analysis to get the limits on number of orders. Software prevents wastages on inventory and the inventory based constraints can be checked before doing any transactions.

Production Scheduling: ERP can be used for scheduling the production as it is integrated to accounting - the financial aspects can be managed and the job costing can be analyzed at each stage of production to prevent losses. The production plan can be designed before starting the process which helps the company to get a highly developed view of the situation and also reduces risks. The management can get the final reports of the production plans before starting the production and see the future impact of starting a process.

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