ERP stands for enterprise resource planning. It refers to a group of activities within the organization backed by software applications with several integrated modules providing information to various departments.
At First Worldwide Internet we understand how important the software can be for a company's growth and accommodate its changing needs. We can develop an enterprise solution addressing your specific business needs.
As most of your work gets computerized, it enables you to focus on your business and allows you to be more productive and explore various business opportunities. It enables you to improve the volume of production and fulfillment of your orders while reducing costs.
Our dedicated team of consultants can design and develop a solution from ground up and integrate it with your applications so that you may have a smoother work flow and higher customer satisfaction.
There are five main reasons for adopting ERP and First Worldwide Internet can help you take advantage of each or all of them:
Integration of order information - tracking sales and delivery
Typically each department in the "order chain" plays a part in the processing of an order - from sales to stores to shipping to finance, but often these parts are discrete, and are performed using a number of disparate systems.
ERP systems replace these separate functions with a highly integrate whole. By having this information in one software system, rather than scattered among many different systems that can't communicate with one another, companies can keep track of orders more easily, and coordinate manufacturing, inventory and shipping across many locations concurrently.
financial information
Integration of financial information
In the traditional model, each department (say finance, sales or manufacturing) has its own set (and view) of the revenue numbers - and its own version of "the truth" - of exactly what these numbers mean and how much their department contributed (both positively and negatively) to these numbers.
By integrating the data flow from and to each department, ERP software provides management with a clear "single point of truth" that is essentially beyond question, because everyone is contributing to and reading from the same system.
manufacturing processes
Standardization of the manufacturing processes
Manufacturing companies-especially those with an appetite for mergers and acquisitions-often find that multiple business units across the company make the same item using different methods and computer systems.
ERP systems can provide methods for automating some of the steps of a manufacturing process.
Standardizing those processes and using a single, integrated computer system can save time, increase productivity and reduce head count.
reduction of inventory
reduction of Inventory
Because ERP helps the manufacturing process flow more smoothly, it improves visibility of the order fulfillment process within the company. That can lead to reduced inventories (especially of work in progress inventories)
It also helps users plan deliveries to customers more effectively, reducing the finished goods inventories at the warehouses and shipping docks.
supply management
Likewise, by providing an efficient unified method of managing the supply chain (and one that is tightly integrated to the rest of the business processes)
trouble spots, inefficiencies and potential savings can be readily identified, analyzed and remedied.
travel management
management of corporate travel
standardization and personalization of HR information
Especially in companies with multiple business units, HR may not have a unified, simple method for tracking employees' time and communicating with them about benefits and services. ERP applications provide this unified interface and allow data to be centralized across multiple geographical locations.
In addition, each employee (wherever situate) can be provided with a secure private login to their own HR records, enabling them to enter relevant data (timesheets, etc) and even allowing updates of their profiles if desired.
incentive management
Incentive and commission management
Integrated to the HR modules, this provides complete management of incentive, commission,