Top 10 Features in ERP
Investing in enterprise resource planning (ERP) systems is one of the best ways to maintain competitiveness in today’s corporate environment. It is critical for distributors and warehouses to have an industry-specific ERP that unifies all aspects of a business.
However, not all ERP solutions are the same. When choosing from a long list of suppliers, it may be difficult to distinguish between the good and bad vendors. By reading this post, which offers the best ERP for industrial distribution companies, you can prioritise the features that will help your distribution company grow.
1. Automated Workflows
Top 10 Features in ERP
Arbotech Solutions ERP should support automated inventory movement via RFID and barcode scanners. Other automated processes should include container or pallet licence plating, labelling, scale integration, replenishment, and more. These processes simplify production and eliminate the possibility of human error.
2. Warehouse Management Skills
A warehouse serves as the hub of a supply chain. Investing in an ERP with built-in warehouse management capabilities, such as Arbotech Solutions, allows you to support even the most complex multichannel processes. Our distribution ERP helps with warehouse process optimization and floor space analysis.
Because RFID scanning capabilities help your team know where everything is, there will be no time wasted in locating products. The software also improves the precision of picks, packs, and ships. You can track items from incoming orders to outgoing shipments by using serial numbers, lots, and batches.
3. Demand Forecasting and Planning
To meet current and anticipated demand, you must maintain proper inventory levels, which is difficult. Going the manual route exposes various processes to human error. An ERP that includes demand planning assists you in reducing excess inventory, meeting customer demand, and avoiding supply chain disruptions.
Our system forecasting and demand planning tools integrate historical sales and sales forecasts to assist businesses in making the best purchasing decisions. Inventory management is simplified by capabilities such as automated purchase, supply plans, and supply orders.
You get precise forecasting with Arbotech Solutions ERP, which synchronises all purchases, sales, and supply functions. You can improve overall inventory management, respond quickly to changes, and provide better customer service.
4. Interchange of Electronic Data (EDI)
Data exchange between business partners without human intervention is referred to as EDI. It sends all information and documents electronically, including 810 invoices, 856 shipping invoices, 850 purchase orders, and customs documents.
If you are a high-volume distributor who is currently managing supply chain communications manually, ERP with built-in EDI will assist you. It reduces the possibility of data loss while improving security, accessibility, and transaction speed.
5. Retailer Dedication
The majority of retailers have a long list of compliance requirements. Some businesses may even demand that you have EDI before doing business with them. Full shipments, on-time shipping labels, and other details can be difficult to recall and manage.
You will frequently be fined or charged late fees if you do not meet the retailer’s requirements. Arbotech Solutions distribution ERP allows you to manage all retailer specifications and guidelines, keeping you in compliance at all times. This reduces fines while also allowing you to maintain good relationships.
6. Sales Order Management
Our sales order management powers every step of the sales process, including approval, receipt, fulfilment, and tracking. Consumer product distributors may find the sales process challenging. Fortunately, an EDF distribution system such as Arbotechs, Distribution will help you conquer them with minimal effort.
You can eliminate billing errors and get accurate quotes by using Our Software’s real-time inventory monitoring and automated workflows. You can determine the best fulfilment options and obtain approval with the click of a button.
Furthermore, distribution ERP systems’ self-service customer portals give customers a sense of control over their orders. Customers are more satisfied because they can track the progress of their product shipment and make changes at any time.
Our ERP with built-in business intelligence (BI) is a massive power drill for the growth of your company. Arbotech Solutions helps businesses identify trends and provide strategic insights into performance metrics. Accurate data is required for making business decisions, and the massive amounts of data involved in distribution can be overwhelming.
Arbotech Software can be used to analyse, organise, and store this data. Our ERP solution with BI will transform mountains of data into clear insights. You can use ArbotechSolutions Distribution Business Intelligence to identify patterns and trends, monitor market shifts, and quickly adjust your plans. You can also use our comparison software matrix to find the best ERP for your business intelligence operations.
8. Profitability Scorecards:
Our built-in profitability scorecard assists you in understanding the profit margins for all of your customers and suppliers. When margins are low, it’s time to rethink tour partnerships and negotiate new contracts. You will also be able to reduce chargebacks proactively. Arbotech’s profitability scorecard tool makes it simple to identify the root causes of chargebacks and design processes to improve operational efficiency. Arbotech ERP is an excellent financial management solution.
Setting up an online presence is an excellent way to distribute goods. Arbotech solutions ERP with eCommerce tools enables you to create a satisfying shopping experience for your customers. It enables you to use real data to provide accurate prices, product catalogues, and order status to your clients. Shopify is an excellent example of an eCommerce system that can assist you in starting, growing, and managing your distribution business.