Could your company’s supply chain management be more efficient? The answer to that is probably yes because there are always positive changes we can make. It could be a small change to how you handle your inventory or a massive overhaul of your communication between departments. Either way, you could benefit from a high-end cloud ERP system and enterprise resource planning solution like NetSuite.
These platforms bring everyone together via smart dashboards and cloud-based systems to keep everyone informed, productive, and compliant at all times. Sales teams, warehouse staff, managers, HR, marketing, and more can see the same information so nobody is out of the loop.
Here are 4 ways to make the most of a cloud ERP system to improve business growth:
1. Manage Your Inventory
You can’t run an effective supply chain and get people the items they need if you aren’t familiar with the inventory. Without an effective cloud ERP system like Oracle Netsuite in Singapore, this can get tricky.
Inventory managers need to keep track of stock and be aware of when items are about to run out. You could be a manufacturer in need of a steady supply of raw materials or a brand with a vast product line and a growing audience. Sales teams and those dealing with orders need to be sure it’s possible to complete what’s promised. You can’t have one department promising to build a custom sauna for someone by the end of the month when another doesn’t have the materials yet. The best cloud systems bring everyone together and make it easy to share data. So, sales teams should be better informed about availability and waiting times on items.
2. Manage Your Orders
With the sales and warehouse teams on the same page about stock and available materials, it is much easier to get orders set up and send customers what they need. Effective order management with Netsuite ERP tools can make a big difference in the way a company operates. At times managing orders efficiently requires specialized systems tailored to manage specific fields of business. For companies in the lawn care industry, utilizing advanced lawn care software can simplify customer management and enhance order handling processes, ensuring timely service delivery. What you want is a fluid system where everything moves from one place to another without unnecessary delays or problems.
Sales teams can log orders into the system with all the appropriate information about product types, quantities, and combined orders. These logs may also offer information about perks like express shipping to speed up the process and keep customers happy. The warehouse team can see all this on their device, knowing everyone is seeing the same accurate information, and can get the items ready for shipment. A well-designed cloud ERP system like this should also make it easier for the sales team to communicate with financial departments regarding invoicing and other data.
3. Manage Your Finances
Next, there are all the financial benefits that come from adding Oracle Netsuite to your management system. Following the flow of orders and sales is essential to ensure efficiency, and that new-found efficiency should have people coming back to your company more often. You’re going to want some effective software that can track how well you are doing, your real-time profit and loss data, and anything else upper management needs to know.
These cloud-based solutions provide full access across departments, so everyone should have access to the same data to avoid confusion. Warehouse managers and sales teams can see the prices of goods and totals of orders. Budgeting teams can see where increased profits may be better spent. There is also the benefit of being able to improve your company’s tax management, making it easier to file correctly.
4. Manage Your Customer Data
This last factor cannot be overlooked as it could help improve business growth even further. Customer data is a valuable commodity in any business. Knowing how many people are buying your goods isn’t enough. Data on customer demographics and preferences can help you understand your buyers a little better and see how they fit with your target market.
Analytics can help branding teams improve marketing to build sales in struggling areas. They can also showcase popular items, seasonal changes, and spending habits. Meanwhile, secure customer data can help customer service teams deliver better support and effective customer profiles. The more teams that have access to this data at any given time, the better the chance of keeping customers happy, retaining them, and building an even better picture of what clients want.
Get All This With An ERP Tool You Can Trust
Whatever your reason for needing a new cloud ERP system for your company, you need to be sure it’s one you can rely on. NetSuite is a great example of a respected ERP system, thanks to its implementation in businesses across the world. Companies in Singapore and beyond have been able to set up this system and get everyone on board promptly. They have experienced business growth via the range of tools on offer for full supply chain management and the ease of use of the system.
Any system will take a little time to get used to, but the beauty of the dashboards and process here is the smooth learning curve. You can have all your systems and data transferred onto this ERP, have everyone access their portal from mobile devices wherever they are, and completely streamline the process. Before long, you should find that the flow of information between workers and management and between different departments is more efficient.
Get Started With A Free Demo
The best way to decide if NetSuite or ERP systems are more generally right for your operation is to test one out. There are top Singapore software designers specializing in the sale and set-up of cloud ERP systems, CRM tools, and a whole lot more. These knowledgeable suppliers can set you up with a demo of the best fit, talk you through the benefits and features, and then get you set up with a pricing plan. This approach will also mean additional user support as you implement the product and get used to the processes. So, talk to your team about the potential of cloud ERP for business growth and get started on that free trial.
