Today’s dynamically changing business environment calls for organizations to be agile and quick in responding to market changes to exceed customer expectations. Utilizing Demand Planning is an integral part of this process. A successful demand planning system requires a credible, flexible and accurate forecast. A good demand planning system will enhance the accuracy of revenue predictions, keep your stock levels in line with the increase and decrease in demand, and improve your profitability.
The water treatment industry is not like the typical manufacturing company that most ERP solutions were designed to serve. Those ERP systems are very product focused, whereas Water Treatment companies have a service component and recurring invoicing requirement. Here is a look at some reasons you need recurring invoicing in your ERP solution.
Technology plays an enormous role for many process manufacturers and other organizations wanting to grow their business. A vast majority already have CRM (Customer Relationship Management) and ERP (Enterprise Resource Planning) software solutions implemented in their business today. CRM solutions help companies manage the front-end of the business by handling sales, marketing and customer service information. While ERP solutions help the back-end processes and internal information like accounting, inventory, shipping, etc. Although both solutions are unique and do very different things, there is a critical crossover of information between the two solutions. Here are 3 major benefits to integrating your CRM and ERP solutions together:
Many companies today rely on their software, specifically ERP solutions, to run their business. It is also one of the biggest IT expenditures that you have, yet it seems most users only use a small portion of the software’s functionality. So how do you know and how can you ensure you are getting the most out of your ERP software? Here are some tactics to consider when it comes to maximizing the return on your ERP software investment:
Choosing an Enterprise Resource Planning (ERP) software solution that meets your specific chemical industry business requirements and needs is only half the battle. The other half of the battle consist of implementing that new system, which can be very tricky. Below is an infographic highlighting 5 steps to a successful ERP implementation: