{"id":8893,"date":"2014-02-13T11:38:37","date_gmt":"2014-02-13T11:38:37","guid":{"rendered":"https:\/\/ca.syspro.com\/blog\/three-signs-your-business-needs-an-erp-system\/"},"modified":"2021-03-04T14:47:36","modified_gmt":"2021-03-04T14:47:36","slug":"three-signs-your-business-needs-an-erp-system","status":"publish","type":"post","link":"https:\/\/ca.syspro.com\/blog\/supply-chain-management-and-erp\/three-signs-your-business-needs-an-erp-system\/","title":{"rendered":"Three signs your business needs an ERP system"},"content":{"rendered":"<p>Last week, I ordered a birthday present online for a dear friend from my favorite chocolate store. The shop\u2019s unique and quality products have quickly made them my go-to-store for gifts over the past few years. However, over the past six months or so, they\u2019ve become quite popular and I\u2019ve found that the once easy ordering process I used to experience with them has now disappeared. <!--moreRead more...-->I received a follow-up email from my last order apologizing that they didn\u2019t realize the product wasn\u2019t in stock, so therefore couldn\u2019t fulfill my order, and unfortunately didn\u2019t have a time frame for when they\u2019d have more stock. I was instantly annoyed, asked for a refund, and ordered a different gift from another store.<\/p>\n<p><!--more--><\/p>\n<p>After my experience, I got to thinking about how companies can avoid situations like this. I brainstormed with the SYSPRO team to pinpoint the signs that mid-market manufacturers and distributors should look for when trying to figure out if their business is ready for an ERP system; and most importantly, how an ERP system can solve these issues.<\/p>\n<ol>\n<li><strong>You don\u2019t have full visibility into your inventory<br \/>\n<\/strong>Without access to current, real-time information, businesses don\u2019t really have the ability to accurately know what\u2019s happening in their inventory on a daily basis. Where is waste occurring? Are those products expired? Do we need to order more of a certain product in anticipation of an upcoming holiday or event? An <a href=\"http:\/\/www.syspro.com\/product\/inventory\">inventory management system<\/a> can give businesses effective control of supply and demand, the ability to forecast, and accurately cost a product, among others. <a href=\"https:\/\/www.youtube.com\/watch?v=XrYFF87U6bA&amp;feature=c4-overview&amp;list=UULv425XLr_L215jf5aYMoTg\">Mick Whitlock of Vanns Spices<\/a> says, \u201cSYSPRO has abled us to identify the products that are profitable and those that are not because we can look and see what is going on in the factory, and what we need to do to streamline production.\u201d<\/li>\n<li><strong>Customer Service and Responsiveness is Declining<br \/>\n<\/strong>Without customers, businesses wouldn\u2019t exist; therefore, keeping them happy is a priority. But, not having easy access to information about your business can result in a poor customer experience, subsequently causing a reputation of poor reliability and service and the potential for losing customers (just like my above experience). ERP systems help improve customer service by keeping customer, product and inventory information up-to date. David Hintzman, President of Bodypoint Inc. <a href=\"https:\/\/www.youtube.com\/watch?v=ia5leVmmsFs&amp;list=PLOEAhTn4bNose5vAmYpS2SWpoBjA5sVYg\">can attest to this<\/a>: \u201cSYSPRO allows us to better serve our customers at a higher level of quality and accuracy. At the Order Entry screen, we are able to confirm their order with them and tell them when it can ship which is hugely important to us.\u201d<\/li>\n<li><strong>Disparate Systems and\/or Spreadsheets Run your Business<br \/>\n<\/strong>It\u2019s hard to believe that multi-million dollar businesses still run on spreadsheets or disparate, unlinked systems. Managing daily operations through the use of Excel Spreadsheets often results in errors, duplication of work and inefficient communication across the board- not to mention that manually entering data into spreadsheets can be incredibly time consuming for employees. Additionally, disparate systems and Excel spreadsheets don\u2019t integrate different departments across the business. Bodypoint Inc. found that prior to implementing SYSPRO ERP, \u201cOur financing system didn\u2019t speak to our invoicing system, which didn\u2019t speak to our manufacturing system and it caused us to do a lot of \u2018work arounds\u2019 and a lot of extra work.\u201d Fully-integrated ERP systems, like SYSPRO, can help avoid this by offering a 360 degree view into operations with access to real-time data, so that problems are more easily identified and staff can make more effective business decisions. Financial data is always current thanks to real-time integration between financial, distribution and manufacturing solutions.The cost of holding onto a disparate system, or not having a system at all, can cripple some of the best companies, and in some cases, even put them out of business. Identifying the signs that your business is ready for ERP system is the first step to cutting costs, improving ROI, becoming more efficient and raising customer service levels.<\/li>\n<\/ol>\n<p>If you have experienced any of the above scenarios, it\u2019s time to consider a fully-integrated ERP solution. For more information on SYSPRO ERP, please <a href=\"http:\/\/www.syspro.com\/contact\/\">contact us<\/a>.<\/p>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 3<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>Last week, I ordered a birthday present online for a dear friend from my favorite chocolate store. The shop\u2019s unique and quality products have quickly made them my go-to-store for gifts over the past few years. However, over the past six months or so, they\u2019ve become quite popular and I\u2019ve found that the once easy &#8230; <a title=\"Three signs your business needs an ERP system\" class=\"read-more\" href=\"https:\/\/ca.syspro.com\/blog\/supply-chain-management-and-erp\/three-signs-your-business-needs-an-erp-system\/\" aria-label=\"Read more about Three signs your business needs an ERP system\">Read more<\/a><\/p>\n","protected":false},"author":141,"featured_media":6010,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[29],"tags":[45,30],"class_list":["post-8893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-supply-chain-management-and-erp","tag-business-software","tag-erp-systems"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Three signs your business needs an ERP system<\/title>\n<meta name=\"description\" content=\"Understanding when your company would require an ERP business software which will improve customer service, full visibility into your inventory An holistic approach 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