There is now more information coming into manufacturing businesses than ever before. Companies that still keep manual records are likely inundated by hours of work every day, but it doesn't have to be that way. Adoption of Dynamics NAV or a similar enterprise resource planning can help reduce the amount of time and money spent on these processes, among other perks. Here are a few reasons why it is undeniable that manufacturers need to adopt ERP:
1) Costs are down, as is maintenance
While software like ERP may have been considered a big expense for organizations in the past, modern software can run through the cloud. TechTarget contributor Herman Mehling wrote that by adopting a program in this way, costs and maintenance can be cut down substantially. One professional who adopted ERP in this way said it was delivered to the company on-demand and as needed, thereby always letting executives bring in updates to the software when necessary instead of having to go through the painful manual upgrade process.
Reduced expenses in software and implementation likely means a much improved return on investment, something every organization should be able to get behind.
2) Improved compliance efforts
It isn't easy staying compliant when everything is done by hand and on paper, but Richard Barker of ERP Focus wrote this can change with the right software adoption.
"Nothing may drive ERP change – and business change – more than issues of compliance," he wrote. "Meeting regulatory requirements consistently and efficiently is not just a matter of company culture, it is often a matter of law. Compliance of an ERP system is directly affected by its age."
Businesses that have no software in place or an ERP system that is way too old may want to look at their current level of compliance and see how much it can improve by adopting a new program.
3) Less pressure on staff
Manufacturing organizations are demanding employees be more productive with fewer tools. Mehling said by implementing a quality ERP program, these companies can likely add applications at a low cost that will allow these workers to be more efficient with their time and to more easily focus on important tasks at hand.
4) Easy customization
Once an ERP system is in place, the ERP Software Blog said it can easily be customized by the organization to fit the company even better. This will help drive efficiency, cut down on costs and will easily take care of more arduous tasks. It will also save the trouble of having to adopt other, bulky siloed pieces of software later.
5) Quick implementation
Especially when dealing with modern software such as Dynamics NAV, Mehling said the implementation time of ERP software can be extremely quick. Mission critical applications usually take weeks or months to get up and running in a system like this, but ERP is built for speed now. Organizations delaying their adoption due to worries of delays may want to look at their current available options.
Learn how to define your ERP strategy by downloading the white paper entitled "ERP in Manufacturing: Defining the ERP Strategy" from the DMS website today.