In today’s ever-evolving and highly competitive manufacturing sector, companies require a comprehensive solution that not only increases productivity and reduces expenses but also empowers them to make informed, strategic decisions.
Given the multiple procedures that must occur daily to keep a plant operating, advanced support solutions have so far shown to be an appropriate solution for the manufacturing sector. So what’s in store with these solutions? To better understand its benefits to manufacturers, it is crucial to understand their basics.
This article will highlight the importance of advanced support for ERP systems, the types of advanced support available for ERP, the impacts of ERP system downtime and data loss, and the key considerations when looking for an advanced support solution. Let’s dive in.
The Importance of Advanced ERP Support Solutions
Modern-day manufacturing firms have a lot to gain from ERP systems. With numerous features, these advanced support systems bring many advantages, including increasing short- and long-term planning effectiveness. Other key factors why companies need advanced support for ERP systems include:
Reduced Costs
Advanced support solutions help manufacturers lower operational costs through automation and real-time business data. Additionally, by boosting worker productivity, these advanced support systems reduce labor costs, while improved precision and decreased error rates reduce losses.
Increased Efficiency and Visibility
Advanced support solutions make data from every division readily available, giving companies complete access to every crucial company process. For instance, companies can monitor inventory levels daily, including those presently en route and future shipments that still need to be received. This way, they can more effectively manage their working capital.
Enhanced Collaboration Between Teams
Advanced support provides access to all business-related data, which enhances collaboration between executive branches or divisions. They improve the effectiveness of the entire firm by decreasing communication lag times. This benefits manufacturing businesses with a dispersed network of affiliates in numerous states or continents.
Increased Competitive Edge in the Industry
Advanced ERP support systems give manufacturing businesses the crucial competitive edge they need to surpass their competitors. With advanced reporting and analyzing tools at their disposal, companies can better evaluate their processes and implement adjustments that enhance performance and productivity before their competitors.
Streamline Operations
Advanced support solutions streamline processes by ensuring that manufacturing data is readily accessible in a single location. Additionally, employees, either on the production line or overhead management can keep track of the production progress without depending on other teams or personnel.
Improve Decision Making
With advanced support solutions for manufacturing, organizations can better have the necessary data to support their decision-making capacity. With access to crucial performance indicators like total sales, total production, revenue margins, etc., manufacturing businesses can better take actions that ensure they remain on course to achieve their goals or make adjustments.
The Types of Advanced ERP Support Available
There are several different types of Advanced Support for ERP that are available for manufacturing companies to take advantage of. They include:
- Patch Management: This consists of small and large updates that an ERP service provider will periodically do within a year.
- EDI: This involves analyzing inbound and outbound transactions of EDI documents.
- Cloud Services: This is where your ERP runs on the provider’s servers, enabling quick access through the internet. It is financially sound, quicker to adopt, and accessible on a subscription basis.
- On-Prem Services: This is where the ERP is set up on the company’s computer systems and servers. It gives businesses a lifetime perpetual license, but they’ll still be responsible for paying for ongoing support, upgrades, and training.
- Custom Development: This involves building an ERP system for a company’s specific requirements and processes.
- Security & Compliance: This is where advanced support is used to configure security features to ensure all users have access to the tools they use daily. It also ensures that all accounting processes are set up to comply with laws and reporting regulations.
The Impacts of ERP System Downtime and Data Loss
The issue of downtime plagues many manufacturing companies. They lose money every minute when they’re out of commission due to needing to deploy a newer system or procedure. By the numbers, manufacturing downtimes create high costs. Manufacturing companies claim that unplanned downtime costs them 1% -10% of their total production time. In some cases, like the automotive industry, this can cost them up to $22,000 per minute.
Advanced ERP support services are designed to help you launch, implement, install, or update any system or solution swiftly and efficiently with the least downtime. With it in place, you can troubleshoot possible issues, manage threats, and prevent expensive downtime while installing and updating the equipment in your facilities.
On the other hand, data loss, be it production data, orders, financial records, etc., can have serious ramifications for any manufacturing business. Manufacturers often experience serious delays in production, compliance and legal liabilities, and reputational damage.
Advanced ERP support solutions are designed to enable you to protect both your physical resources and digital data. Plus, you won’t have to do data backups and restoration manually. As such, all your data will be available to help you meet your goals and those of the customers and regulators.
Key Considerations When Looking for an Advanced Support Solution
If your company has been If your company is struggling with outdated ERP systems or isolated solutions, it may be time to invest in a complete overhaul of your business operations. So what do you look for?
- Industry Expertise: You should examine how long the support provider has been in business. It will help you determine how well they can fulfill your needs.
- Customization Options: A good advanced support solution should be flexible to accommodate your specific needs, from manufacturing and shipping to finance, marketing, sales, and communication.
- Service Level Agreements (SLA): You should ensure that your service level agreements with your provider are manageable and reasonable. If possible, you should opt for one that is customizable to your needs.
- Security and Compliance: Data security and regulation compliance should be a priority in any advanced support solution. Ideally, you’ll want a provider who can offer complex data security techniques that are sure to keep your data safe.
- Scalability: An effective advanced support solution shouldn’t be restricted to the confines of a manufacturing facility but should instead facilitate interaction with other business entities.
- Training and Support: A proper advanced support solution provider should offer support and training that is specific for you when you onboard new employees.
- Certifications: It’s important to ensure your provider has crucial industry certifications. It will help assess their commitment level to uphold industry standards.
Incorporate Advanced Solutions Today
At Encompass Solutions, we know how important advanced support solutions are to the manufacturing industry. Having worked extensively with manufacturing businesses, we possess a deep understanding of the sector and its various factors that impact productivity. Our experience enables us to provide advanced support solutions that cater to the unique needs of every manufacturing firm.
Furthermore, we understand how an ERP solution can handle your workforce and supply chain problems to boost efficiency and support expansion. Don’t wait any longer to enhance your manufacturing business with advanced support solutions. Reach out to our team today and share your business needs so we can provide tailored solutions that will help you thrive in the competitive industry.