The enterprise resource planning (ERP) solutions of today are more advanced from the versions offered less than 10 years ago. As consumer-driven technology has changed the business landscape with mobility and social media, ERPs have evolved to improve functionality, usability, and integration. This has been necessary for ERPs to remain the foundation of a successful operation.
Distributors reviewing the viability of their current ERP need to be aware of technology upgrades, and the competitive edge they offer. Cloud computing, and SaaS (Software as a Service) have granted ERP access to small and mid-sized distributors. Has your ERP evolved with the times or is it time for an ERP Upgrade?
Why Upgrade Your ERP System?
Research has shown that only a handful of businesses have the more advanced ERPs, while a surprisingly high number of businesses have less than adequate systems in place. This number represents a huge opportunity for distributors to become more competitive through technology alone.
That is why savvy distributors are reviewing their ERP systems. Some questions to ask:
Can staff efficiently respond to customers’ demands?
Can you support the fulfillment of customer orders as quickly and/or at prices that are competitive?
Do you have up to date reports?
Do you struggle to meet demand with multiple locations?
Upgrading your ERP solution can help you handle all of these issues with ease. The price of ignoring these signs can leave your business in a precarious situation.
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