Accounting to Warehouse Management: The Vast Benefits of ERP Software

To get the most benefit out of an ERP software platform, it must play a vital role for the management of the warehouse, helping to control the movement, storage and accounting of materials or finished products that are stored in the warehouse. The benefits that can be found in your warehouse management can also be felt across the entire manufacturing process. The warehouse management element of the ERP software will direct the picking, replenishment and put away of goods that have been identified and tracked with an automated data collection system. That data is then fed into the ERP software platform to generate feeds on transaction and inventory data.

At the same time, the warehouse management benefits from ERP software include the ability to move items faster and store them more efficiently. The warehouse management element of the ERP platform ensures the processes you have in place are streamlined. As a result, you can easily reduce your inventory and associated labor costs, while you also increase accuracy and produce satisfied customers. The best way to determine the value of the ERP platform in the warehouse, however, is to consider what it costs your organization when an order is incorrect or delayed. Completely integrated data and visibility across the organization eliminates these problems to benefit both the customer and your company.

There are specific benefits that you will want to demand from your integrated ERP software platform, including the ability to move inbound goods directly to outbound trucks so they do not have to be stored through cross-docking; placing products in the optimal locations for serving specific orders, as in slotting; picking and location logic to identify the best patterns for your operation; automated data collection; task management; and yard and dock management so that all inventory in or near trailers can easily be accounted for in the warehouse management process.

Other Business Processes That can Benefit from ERP Software

This in-depth look at the benefits of ERP software really only scratched the surface of the available capabilities offered in the platform, as well as the departments or applications within the organization that can benefit from an integrated approach to ERP. Whether your company wants to migrate to the cloud and access all of your ERP functionality through a Web browser, or implement the necessary hardware and infrastructure to support it in-house, there are still other areas of the business that can benefit from an integrated ERP deployment.

Aside from accounting, human resources, the supply chain and warehouse management, ERP software can also lend considerable value to project management to capture all associated information that can affect the overall project, such as billing, costing, time and expense, activity management and performance units. ERP software can also play a role in customer relationship management (CRM) through sales and marketing, call center support, customer contact, service and commissions tracking. Data services and access control can also be integrated into the ERP platform to optimize the value of the solution across the enterprise.