In many ways, enterprise resource planning is even more important for the food industry than it is for many others. This is because a long and complicated supply chain is often involved, and the food industry has to be concerned about expiration dates, safety regulations, and in many cases, relatively small profit margins.
For these reasons, efficiency is everything in the food industry, and that is where modern ERP solutions can play a vital role in the future of your business. Here are the basic tasks that ERP software can help food businesses accomplish:
- Tracking and predicting billing for materials, storage, and transport
- Planning and scheduling future actions
- Creating invoices
- Streamlining the manufacturing process
- Product life cycle management
- Quality control
Resource planning is about more than keeping track of invoices and making sure paperwork is in order. It is about streamlining your business while simultaneously adhering to regulations. In order for this to work, every component of your business must be informed at all times. This also needs to be accomplished without information overload, a problem that occurs when information is delivered into the wrong hands.
The right ERP software makes sure that everybody has access to the most recent information at all times. There's no need to check emails and share documents through various interfaces. Everything is in one place and easily organized.
Tracking capabilities can also help solve otherwise complicated problems. For example, companies are required, by law, to label packages if they were processed in the same facility as allergens such as peanuts. In 2011, the majority of food recalls occurred because of this issue. ERP software can be easily adapted to track where products are being processed or produced so that these issues can be avoided.
How else can ERP software be used to boost efficiency in the food industry? Download "35 Questions Every CFO Needs to Ask about Cloud ERP Software" to learn more about the potential benefits of Cloud ERP for your business, or get started today with a quick online quote for Microsoft Dynamics GP!
By ERP Software Blog Editors, Find a Microsoft Dynamics ERP Consultant