How ERP Can Benefit Contract Warehousing
Modern business executives are constantly on the lookout for ways to get an edge over the competition by increasing sales of their company’s products and services. Developing a perfect 21st century model of a lean, mean, streamlined machine that boosts the bottom line by cutting costs and making business more efficient is the name of the game.
This is the reason why many businesses across all industry sectors are now deploying state-of-the-art software known as Enterprise Resource Planning (ERP), to help manage their various operations to assist them to work more efficiently, and to have constant access to up to the minute data to enhance the effectiveness of management at all levels.
What is ERP?
ERP is a software solution that integrates all the computer functions of a business in real time. This enables managers to see exactly what is happening in any part of the operation at any point in time. One of the problems that can arise when updating information is that manual errors may occur in one department that are transmitted to another department for updating and are not spotted. The errors continue until a manual check is made when something becomes apparent to show that there is a problem. With ERP, although erroneous data might have been inputted it can be spotted at once, as the software automatically updates every linked department causing alarm bells to ring somewhere in the business.
One of the most useful aspects of ERP is that it has been developed as a modular process, allowing businesses to pick and choose the modules that apply to their systems. Not only does this cut costs in the initial stage of implementing ERP, it also removes the need for buying and upgrading computer hardware and software for individual departments.
As ERP has developed, so too have the platforms on which it can be accessed. Online ERP is accessed through the Internet by way of a Cloud system that allows users to have instant access to inputting and analyzing data from anywhere in the world on a range of devices. There is no longer the need for information to be accessed by desktop computers, as Cloud ERP can be retrieved from laptops, tablets and smartphones. For businesses on the move it’s an enormous advantage. Access is made highly secure so that trained users of the software know that the data they input or retrieve is contained in a safe electronic environment.
ERP for warehousing and engineering
ERP can bring significant benefits for the industry sectors of warehousing and engineering. There are complex management and delivery systems in both sectors and using ERP can help them to streamline processes and operations across the board.
Warehousing ERP can integrate purchasing, order management, manufacturing, materials management and financial management operations, and for engineering ERP can ensure a smooth flow of information across departments, such as product design and development, financial controls, human resources, both on the factory floor and administration, and end product completion, orders and delivery.
FW Warehousing is headquartered in St. Louis, Missouri with Midwest warehouse distribution centers in Kansas City, Indianapolis and St. Louis totaling more than four million square feet. Founded in 1949 with a focus on food-grade storage, FW later broadened its services to include contract warehousing, dry storage, hazardous material and chemical storage, temperature-controlled storage, product distribution and B2B and B2C fulfillment.
FW Warehousing has more than 50 years of experience in third-party 3PL logistics and has been ranked in the top 100 Third Party Logistic Companies in the country by Inbound Logistics magazine.
For more information about FW Warehousing and its complete contract warehousing, fulfillment and logistics capabilities, visit the FW Warehousing website.