In the past, most small and medium-sized manufacturing companies managed their businesses through the use of accounting software and spreadsheets. ERP systems were for the much larger players. However, recent advances in technology have meant that as time has moved on, many small and medium-sized manufacturers are finding that this way of managing their business is severely lacking. As an ERP consultancy in Cheshire, we are aware that manufacturers need to have more than just a basic knowledge of what is happening within their company, they now need a detailed understanding of internal processes and a more global reach.
So where do ERP systems fit into this? Well, ERP systems are one tool that will help a company move from the small and medium-sized business market to a wider global one – but as an ERP consulting company we know that the decision to install an ERP system is not one to be taken lightly. ERP implementation requires both a time commitment and money in order to ensure it is successful and many smaller businesses just couldn’t take that leap. We have even seen businesses in the past who have committed to ERP implementation, only to abandon it later as they felt it was too complicated or costly for them to continue.
Fortunately, times have changed. Lots more companies are going through with ERP implementations, using either systems running in-house or cloud-based software. In fact, we would go so far as to say that the use of ERP systems has become such an essential part of business for many manufacturers that is actually having an impact on the competitive landscape.
ERP has changed with the times, and it is now possible for small and medium sized companies to reap the benefits of ERP systems. The main benefit of implementing ERP into a manufacturing business is that it helps to give business owners the confidence to move forwards in all areas of manufacturing by allowing them to improve their planning, procurement, manufacturing and distribution processes. This has led to rapid growth for some manufacturers.
Of course, there are still challenges that have to be faced. With expansion, for example, comes the challenge of how to gain global reach. For organisations who don’t have an ERP system in place, this can be an insurmountable problem when they are faced with not only customers but also suppliers and vendors who are overseas as well. With the ERP system in place, manufacturers can easily access the information they need to successfully manage international relationships including accounting, logistics and legal requirements.
In today’s market, manufacturers of all sizes need to be agile enough to quickly respond to customer demands and market shifts. Having an ERP system in place allows them to have the right planning, forecasting and insight tools in place to support their aim to be flexible and responsive and meet their customer needs for less.
For more information about how Greenbeam Consulting can help with ERP Implementation for your business, please call us on 0843 523 5630 or email us at [email protected]