How Real-Time ERP Data Helps In Improving Business Performance

Real-Time ERP Data

There are endless benefits of using an ERP software in your business. Out of those, the best is access to real-time data. Having this information in real-time makes you better comprehend about what is the real scenario in your business. What is actually happening within all departments? This real-time ERP data is a major thing to improve your business processes. This data is used by predictive analytics tools to forecast your sales. The real-time ERP data comprises of customer transactions, the location of an order, the location of stocks, and inventory of raw materials etc.

 

Here are some illustrations where this Real-time ERP Data technology improves many industries work:

1. Distribution Industries

When a semi tractor-trailer truck reaches a distribution station. As soon as the truck passes the gate, the identification number on the trailer is recorded by scanners installed and this information is sent to the ERP distribution software. This trailer ID is immediately matched in the ERP database to give a shipping notification in advance and then it is paired with many purchase orders anticipated from a supplier.

 

ERP system then searches for the request for those purchase orders and finds out the optimal dock door number for that delivery. After the truck has passed the gate scanner, the driver is informed to take the trailer to the west side and that particular dock door number. This is possible with the lookup and transfer of information of real-time ERP processes. Overall, this helps to manage the driver’s time efficiently as they need not stop at an office to check in. The distribution center is efficiently managed as the load is delivered at the right place.

 

Also Read: The Role Of Big Data Analytics In ERP Applications

 

2. Manufacturing 

In manufacturing firms, when a manufacturer receives a customer request ( customer purchase order) regarding the delivery of some complicated products in a few weeks. An ERP software having real-real-time ERP DateTime data functionality is capable of converting the purchase order into several production jobs and schedules that work together with thousands of existing production jobs.
Any problem arose in the expected delivery of any order can be notified to the manufacturer planner through the ERP system directly.

 

Generally, the job schedule fits together and dispatch orders are sent to work cells throughout the plant without human intervention. ERP software can outstandingly handle multiple variables in a manufacturing environment usually and works a lot better than its workforce.

 

3. Construction Firms

In the construction site, materials such as pipe assemblies, sheet metal, windows etc are deposited to build a building. Every element has marked RFID on it or barcodes. ERP system uses these barcodes to link that specific piece of the item with the specific group of ERP users who needs that item.

 

Likewise, the material is also linked to the engineering models and architect. The material handlers and crane drivers recognize accurately which items will be delivered, at which place they need to be delivered and to whom. The plumbing foreman then receives a notification on the mobile ERP application that all their material is ready for fitting. The right materials are ready to be used by the right trade at exactly the right time and thus the total cost of construction is diminished by this approach.

 


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