Managing your business with ERP systems

Many modern business have vast organisational structures, many resources to be managed and complex processes to be integrated. These tasks are not confined to the business itself but also extend to external partners up and down the supply chain. On the other hand, developments in communication technology such as internet and smart phones give today’s consumers quick and easy access to commodities which results in an even more turbulent market. Companies must be able to adjust quickly to changes.

It is vital today for any business, more than ever, to ensure that the business processes are integrated and transparent, and that the information is accurate and up-to-date, both within the organisation and with external partners. These could not be achieved without Enterprise Resource Planning (ERP) systems.

ERP systems are integrated computer-based systems used to manage internal and external resources, such as tangible assets, financial resources, materials and human resources. ERP systems consolidate all business processes and information in a uniform and enterprise-wide system environment, which means:-

  • Eliminating any data redundancy (e.g. a product has only one data record),
  • The same data records are available to all relevant parties across the enterprise and to external partners,
  • Streamlined and prompt processes where systems communicating with each other without human engagement.

ERP systems allow companies to gain better control of their administrative and operations environment and increase efficiency and profitability.

One of the most successful ERP systems is SAP. The company was founded in 1972 and today it is the world’s third-largest independent software vendor.  As such it has to be treated seriously and that is why THE LOGISTICS BUSINESS has consultants trained in the features and functions of SAP. But SAP is by no means the only choice on the table.  There are also Microsoft Dynamics ERP, Oracle E-Business Suite, Infor SyteLine and many other medium and small packages, all of which have their pros and cons.

Selecting a suitable ERP system is no easy task. A poorly specified selection could not only mean increased costs, but also could lead to major disruption of the business with loss of market share and loss of profits. With our extensive knowledge and experience in SAP and other ERP systems, we can help you choose the most appropriate system to suit your business.