ERP Benefits determination is key to planning a successful ERP System purchase and it’s implementation. If you are considering an ERP system, you will probably have to justify the purchase. Here are some of the ERP Benefits that can be expected. The major areas of benefit are consolidation of multiple systems into one and the improved visibility across the company.
Benefits of ERP
- Single Point of Entry – Data only entered at the source of that data
- Everyone has the same data – Single source of truth
- Historical and authoritative data
- Immediate information
- Improved Visibility into all areas of the company
Reasons people use ERP systems
ERP is a tool that provides:
- Better Visibility
- Improved Communication
- Reduced Inventory levels
- Reduced Lead and Cycle Times
- Reduced Wasted Efforts
- Single source of information
- Improved Planning and Forecasting
- Reduced costs across the company
Reasons people use ERP systems
A tool that results in:
- Increased Productivity
- Reduced operational costs
- Reduced Inventory Levels
- Reduced Material Costs
- Reduced Labor Costs
- Improved financial controls
- Reduced/eliminated failures and defects
- Effective Production Planning
- Improved customer service
- Supply Chain Management
