Before moving ahead to the topic, we have to step back a little and think about all the necessary steps that are desperately needed to run a business including stock management, human resources, accounting and many more. At such time ERP software system, steps in we which integrate all these functions at one platform. And, ERP also helps to streamline the processes while sharing this data across the various divisions within the industry. So it doesn’t matter whether you belong to healthcare, construction or any sort of industry, all procedures can be efficiently managed by this software technology in a snap.
By the simplest term, An ERP system enables a company to control its internal as well as external functions smoothly that helps it to grow and make more profitable with the passing time.
Tom Peters, Author of Bestselling book In Search of Excellence, says, “For the blue-collar worker, the driving force behind-change was factory automation using programmable machine tools. For the office worker, it’s office automation using computer technology: enterprise-resource-planning systems, groupware, intranets, extranets, expert systems, the Web, and e-commerce.”
As per ERP Software Market Report published by Allied Market Research, forecasts that the global market is expected to garner $ 41.69 billion by 2020, registering a CAGR of 7.2% during the period 2014-2020.
Today in this Blog, we have covered five areas that can ease their operations by just implementing ERP solution:
1) Food and Beverage
With a customized ERP system, a manufacturing company related to food and beverage can eye on a variety of things such as product properties, details, content and expiry dates that helps the company to deliver a safe product with superior quality.
2 ) Retail Operations
Using the customer management module in a retail ERP solution a retailer can collect information about customer’s purchase history, which enables to identify them on the next visit and offer them loyalty rewards for encouraging to shop more.
3) Nonprofit organizations
For Nonprofit organization, ERP software helps to manage funds for campaigns. In addition to this with the feature like Grant Management, you can save the cost by not hiring a dedicated grant manager if the budget doesn’t allow.
4) Construction Projects
When it comes to the Construction field, you can have visibility about the progress of a project using project tracking module in a construction ERP software. Furthermore, you can analyze the operational performance of the workforce associated with it.
5) Education Industry
If we talk about ERP integration with the website of academic institutes then we’ll find that it can manage a database of any student. Controlling it the admin team can access all the information about Progress Report, Monthly fee and Internal Assessment for quick management process.
As you see from this article, the marketplace is getting bigger which has the potential to integrate enterprise resource planning software in their operations. In such an evolving environment adopting the right ERP, the approach can be beneficial that fits your organization processes. And as a leading ERP solution provider, Coding Brains offer a diverse array of services that helps you to manage manufacturing, distribution or support processes from starting to end.
So, if you are seeking an ERP solution and need any service regarding ERP Integration or other Offshore IT Consulting Services, you can reach us at https://codingbrains.com.