Industrial equipment manufacturers (IEMs) know how important the supply chain is to the bottom line. However, outdated and disconnected systems are failing manufacturers by isolating data in silos, making it harder to respond quickly to supply chain challenges and customer demands. IEMs can achieve end-to-end visibility by replacing legacy systems with a modern, cloud-based enterprise resource planning (ERP) solution designed to support this unique industry.
Managing a successful supply chain comes with many challenges in the manufacturing industry. Business leaders must have established relationships with suppliers, maintain visibility with inventory needs and production processes, as well as the logistics that balance these elements. Supply chain weaknesses are not uncommon; however, problems mount when leaders are caught unaware or unprepared for a disruption. Disconnected systems make it difficult to understand and forecast inventory needs far enough in advance to ensure inventory is available when it’s needed. If you can’t respond quickly enough to supply chain weaknesses, both profit margins and customer relationships are at risk.
Connect the Moving Parts of Your Business With the Cloud for Manufacturing ERP Software
Legacy systems aren’t able to support modern manufacturing processes or provide the visibility needed to manage a strong, efficient supply chain. Download our free eBook, “Future of Manufacturing: How Industrial Equipment Manufacturers Build Competitive Edge through Cloud ERP,” to see why more IEMs are using cloud-based ERP to take charge of their data and strengthen the entire supply chain. A cloud ERP solution will provide IEMs with:
- Stronger inventory forecasting. Dashboards and business intelligence features make it easier to monitor inventory movements in real-time. Understand inventory needs and make accurate forecasting plans to ensure you have the right inventory at the right time.
- Automation and alerts. Streamline purchasing and receiving processes to improve productivity, and use alerts to expedite replenishment decisions and response times to supply chain interruptions.
- Connect data with the right people. Arm your entire team with reliable, real-time data so that everyone is working from the same set of information, from sales to production to the warehouse. Your leaders can make the data-driven decisions that improve productivity, profitability, and customer satisfaction.
A modern ERP solution will connect all the moving parts of your business, delivering comprehensive, reliable information to business leaders. Strengthen your supply chain by replacing legacy software with stronger technology. Contact Sikich to learn more about protecting your supply chain—and your bottom line—with cloud ERP.