Does a 21st Century Warehouse system need a Cloud ERP?
The benefits that an automated ERP system can bring to a Warehouse System are noteworthy and worth considering. An automated ERP system can help create significant competitive advantage for them.
The Benefits of an ERP:
Following are some of the benefits on an ERP system for a 21st Century Warehouse System:
In terms of visibility, you can see the complete picture of the distribution company on one system in real time. This helps distributors to see the running inbound and outbound product flows at the same time.
Better Inventory Management
Automated inventory management offers inventory reconciliation in real time.
Easier Demand Planning
Demand planning is a key feature of an ERP that allows the user to predict the amount of inventory that he would need to keep up with customer buying trends in the future. Users can use the power of the predictive analytics feature that is based on data of past trends for better demand planning.
Data Management & Automation
The data reported in an ERP is always accurate and in real time making the relevance and quality of decisions to be of a much higher quality.
With its automated scheduling and work flows, it frees up time for better planning and strategic thinking.
A Cloud ERP and a Modern Warehouse System-the benefits
Migrating to a cloud based ERP solution provides significant advantages over traditional on-premise solutions especially for a warehouse system. The cloud is already the preferred choice for ERP solutions due to its affordability, easy & anytime/anywhere access, lower financial & investment entry barriers as well as minimal set up times.
Work Flows & Tools
- The work flows can be automated in a cloud ERP. With it’s anytime anywhere access, connectivity with it is never a problem. The procedure for processes like purchase approval etc takes place automatically in the correct protocol and minimizes duplication of effort.
- The user friendly analytics tools and reporting dashboards in a cloud ERP improve the organization’s agility response to issues. They do not have to wait for someone to compile a spreadsheet and mail it to them.
Inherent benefits of the technology
- Cloud ERP data changes are automatically updated in all parts of the ERP. There is no need to update individual spreadsheets. There is better collaborative sharing of document no version control issues.
- When you have an on-premise system, ensuring compliance with regulations and creating internal controls is a major hassle. This is not so in a cloud ERP as the responsibility falls on the cloud solution partner who has to ensure compliance and security.
We at VersAccounts have created a secure cloud based multi award winning comprehensive ERP solution that is e-commerce ready. It addresses key issues of the distribution domain in the most effective manner possible.
The VersAccounts Small Business Cloud ERP system supports a comprehensive set of distribution related capabilities in the core ERP modules. This includes the ability to manage inventory across multiple locations and systems including e-Commerce and POS systems, drop-shipping, paperless receiving, and easy cycle counting.
Additional capabilities are available for more sophisticated distribution support processes like scanner and mobile device based pick/pack/pay/ship processes as well as industry specific capabilities like DSCSA product tracing capabilities required in the pharmaceutical industry.
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