ERP for small and medium enterprise is the most important feature that every ERP must implement.
When we started using ERP we were not much familiar with the ERP for SME industry but for the industry which is not making profits it must implement ERP as the growing industry need not have to purchase the entire ERP but can buy only a few modules of ERP. Enterprise Resource Planning is the base of one’s business if the base is not made strong the stability of the business is shaken but if the base is made strong the establishment of the business is strengthen and therefore the business prospers.
ERP the much we spoke about is less but its scope is much wider than a ERP and has taken the shape of an operating system i.e. Operating system for Manufacturing. The ERP can be exaggerated into a system software that is designed specially for the manufacturing industry.
In modern era we say that if a business wants to grow and touch the heights of prosperity that can be achieved through ERP. ERP has the ability to manage all the business ongoing processes. It is very difficult to run an enterprise with all the modules combined in a single suite which include sales, finance, accounting, human resource department, manufacturing etc. therefore to manage these departments we need a system. And we have provided that system which we have called operating system for Manufacturing.
ERP software have built in one of the best practices that are new in technology. Now coming to the implementation of ERP when the customer wants to customize ERP according to the company needs the implementation cost increases. Any customization is more than it will add to your implementation cost. If the ERP is given the work of handling the business processes then it will handle all the business.
ERP is required so that the business that you are running smoothly and you are gaining profits. The better use of ERP is done when there is need of proper organizing and streamlining of the business processes involved in the organisation.
Enterprise Resource Planning has the potential to manage all the business activities and when there is any downfall or breakdown in the business it is recorded and managed by the ERP. The work of the Accounts and Finance, Human Resource Department, IT department, manufacturing etc. is streamlined by the ERP.
ERP is an onsite and cloud ERP which has the potential to manage all the work all you need to do is to just implement ERP and enjoy its benefits. All the data is available at one place and no one can temper that data.
Many manufacturing industries think that they do not need ERP and their processes are simple and they can manage it without ERP. But its not true ERP is required by every organisation whether it is big or small. ERP helps in making real-time decisions based on the data available in the ERP. The business processes are made more efficient through ERP. The data available will be more accurate and therefore the processes involved in the procedure will be accurate.
The operational efficiency will improve therefore there will be no breakdown or tear-down. Through ERP there will be a balance between supply and demand which ultimately leads to a happy customer.
The customers will be available to see their order details, pending orders, orders acknowledged etc. There is visibility between supplier and the customer. ERPs greater version is OSM which is Operating system for Manufacturing.
When OSM is implemented in a company then all processes are managed by the software and provides solution to the problems faced by the industry.