4 Advantages of ERP Software for Manufacturing

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In today’s business environment, speed, accuracy, and productivity are a must. This is especially true for Manufacturing firms that want to retain their current business and move ahead to acquire more clients. It is essential to manage manufacturing’s complex processes efficiently in a constantly changing marketplace.

Because not all manufacturers are the same, ERP (Enterprise Resource Planning) software focused on manufacturing can be customized to each organization’s unique requirements.

Cloud ERP software is consistently gaining momentum because of its lower up-front costs and its greater flexibility, mobility, and security.

We’ve identified  four ways that a full-service, modern Cloud ERP software such as Microsoft Dynamics 365 provides remarkable benefits for manufacturers:

Microsoft Dynamics 365 helps manufacturers become more efficient.

Because Dynamics 365 houses all your ERP information in one centralized system, your team can have complete visibility into each step of your manufacturing process, from sourcing to shipping. This automated foundation eliminates siloed data making everything available to all departments. Collaboration becomes easy when the different departments all have access to complete up-to-date information. All functions, including production orders and bill of materials, version management, sales and inventory forecasting, supply planning, demand forecasting, and capacity planning, can work seamlessly together. Management can monitor progress throughout the entire production process.

Microsoft Dynamics 365 improves profitability.

By automating repetitive manual processes,  ERP lets your organization re-allocate its resources for more profitable use. It can also increase employee productivity, leading to reduced labor costs and less risk of error.  Accurate supply tracking and production planning integration help reduce operational expenses that often result when inventory is either stockpiled or back-ordered.  Combining improved productivity with reduced expenses creates a significantly more profitable manufacturing business.

Microsoft Dynamics 365 increases transparency and facilitates decision-making.

Greater business transparency can lead to better management and greater savings. Your ERP solution will show you real-time data and give you system-generated reports that will help you in making forward looking decisions for your business. You will be able to anticipate and plan for changes in the market rather than just reacting to them. Key performance metrics for each process and each department give you the insight you need not only to optimize daily operations but also to formulate and reach long term goals and to scale up as your business requirements change.

Microsoft Dynamics 365 benefits your customers too.

The benefits of ERP extend beyond your manufacturing business and reach your customers.  Customers want to know that their item is available and will be expedited. ERP allows you to meet customers’ expectations for speed and on-time delivery through accurate production planning, enhanced inventory control, streamlined process scheduling, and coordination of distribution channels.  ERP allows you to make and keep promises, respond to last minute requests, take advantage of new opportunities, and stay ahead of your competition.

Manufacturers deserve a best-in-class ERP solution that is streamlined, productive, transparent, and customer-focused. ERP software from Microsoft is a modern, scalable solution to run key back-office operations and financial business processes. Microsoft Gold-certified ERP software provider BroadPoint, Inc. offers Microsoft's Dynamics 365 Business Central, Dynamics NAV, Dynamics GP, and Serenic Navigator.

Are you interested in learning more about the best ERP solution for your manufacturing business? Contact BroadPoint today and ask for a free, no obligation consultation.

By BroadPoint, www.broadpoint.net

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