INTELLIGENT SOFTWARE BUSINESS diverse business. If senior management is not able to get an overall view of the business and make good decisions quickly, they may struggle. A lack of real-time, relevant information will force executives to rely on other measures for decisions, leading to mistakes.
Negative consequences of unplanned
4 business growth Manufacturers who do not plan for growth will find that problems occur more often and take longer to resolve. Without accurate forecasts you will not be able to prepare for growth. If you cannot respond quickly, you might end up losing opportunities to competitors.
Pressure on staff
5 If you are not prepared to help employees manage their growing workloads, the pressure they are under could start to show. They may spend more time on manual processes and less time on value-added tasks. Difficult-to-use systems will increase their frustration, reduce morale and may ultimately prompt key people to leave the organization.
While the concerns of planned or unplanned growth are significant, successfully navigating the challenges of growth in order to reap its rewards is entirely possible when you are fitted with the right enterprise resource planning solution.
An agile, scalable, easy-to-use ERP solution can help you grow your business faster and more profitably, by enabling you to:
Eliminate inefficiency
1 ERP solutions can help you optimise internal efficiency, increase the speed and standard of execution, and make and deliver quality products on time and at the right price. It helps connect everyone in real time, so your operations can run faster and less expensively while maintaining high product quality. In this way you can build a more productive manufacturing operation, as well as cut costs and improve margins.
According to a recent announcement, manufacturing is already second largest contributor to UAEís economy
Improve decision making
2 It is clear that the key to maximising decision-making is having full visibility of the business, as enabled by on-demand access to the right information at the right time. An ERP that delivers accurate and timely information, gives you the insight needed to drive operational efficiency and effectiveness. More accurate insight means better decisions more frequently, and better decisions mean faster growth.
Increase agility and responsiveness
3 The right kind of ERP can provide accurate information and insights in real-time, and therefore enable greater responsiveness to opportunities as they arise. Driven by industry best practices, it must adapt to easily accommodate your expanding user base, product lines, and geographic range. It must also provide great choice and flexibility, whether you choose to deploy on-premises, hosted, or in the cloud, with access from your PC, tablet, or mobile device.
Better customer experience
4 An ERP can help you deliver the right high-quality product to the right customer at the right time, every time. It must enable you to quickly adjust to meet the demands of your customers, whether it is to add new products to your offering, or change schedules for existing orders. And it empowers employees with tools and information to respond to customers efficiently and deliver a superior customer experience.
It is clear that some manufacturers in the region are already benefitting from ERP solutions. Saudi Mechanical Industries, a leading manufacturer of fluid flow and control equipment, for example, has leveraged ERP to streamline processes and increase efficiency and productivity across all functional areas including manufacturing, sales and finance.
This has not only translated into significant reduction in cost and increased profitability but has also allowed Saudi Mechanical Industries to offer its customers a much higher level of customer service. The technology’ s versatility enables complex processes, giving manufacturers access to information in real time and allowing them to plan accordingly, make better business decisions, and enhance their competitive advantage in an increasingly dynamic market.
With the 2021 milestone five years away, investments made are already laying the critical foundation for success. If the region is to establish itself as an international manufacturing hub, more manufacturers need to make better use of latest technology available to effectively increase production and efficiency.
Hesham El Komy, Senior Director, International Channels, Epicor Software
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