A Manufacturing company operates in a very competitive environment where the operations are extremely capital intensive. Also they have come at a stage where the growth of the manufacturing company is driven by the customer demands. In order for the company to be able to meet the quality and needs of the customers they need to have technological solution place. SAP Business One is one such option where it is used in reduction of the costs and also in improving the efficiency of the operations. Future technologies like the Internet of Things, Cloud, Artificial Intelligence can also be adopted in the new ERP solution SAP B1 which is highly flexible in respect to capacity additions. While addition of the new age technologies can be of challenge to the manufacturing company, its adoption also gives lot of opportunities to the organization. Go now
Here is what manufacturers/brands need to keep in mind:
Let us see how does manufacturing company is benefitted from ERP software SAP Business One
- There are many verticals in the manufacturing company, there can be a finance, accounting, sales, distribution and inventory management. If each of the arm work independently and doesn’t know what the other is doing, then there can state of confusion which can be very negative for the company, when there is proper streamlining of the operations across the divisions then the order flow will be smooth and the efficiency will be better
- Inventory managers have constant issue with not knowing the correct or exact levels of inventory, with SAP B1 they come to know of the exact inventory levels real time, this is of high importance as then they are able to gauge whether the current level of inventory is enough to fulfil the customer’s orders, where they are stored, fulfilling customers’ orders would bring in better brand name to the company
- With the help of SAP Business One, they are able to optimize the supply chain, as the business grows the number of transaction and the volume, you would therefore need a new technology like the ERP Software SAP Business One which smoothens the operations and help the supply chain department in removing the bottlenecks and smoothening of the processes.
- SAP Business One is able to provide better information and reporting features. It provides reports on all the important tasks and in the format that has been set, therefore the management is in the knowhow of the important tasks and the stage of the projects, they also come to now on the costs that have been incurred and the profits that can be made after the completion of the projects. Therefore, if there is a situation that needs immediate action then management can take it and take the advantage of the opportunity. Reports can be customized as per the needs of the company.
A manufacturing company can be more efficient with the use of SAP B1, also especially the small and medium enterprises can be more effective and reduce their cost of operations with the help of SAP B1.