Benefits of ERP for a small manufacturing business
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I've established a small shop that manufactures a single product that you sell by mail. My goal would be to purchase raw materials from several vendors and employ around five full-time employees. What are the business functions of a small manufacturing shop, what would the use software to perform and how does each software application benefit the shop? Does the software improve the efficiency of business functions? Or, does the software help the shop gain a competitive advantage, or is there another value proposition the software fulfills for your business?
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Solution Summary
Provides a brief overview of benefits of ERP software for a small manufacturing business.
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A small manufacturing shop has multiple functions to fulfil, such as supply chain, procurement, inventory management, sales and marketing, finance, accounting and human resource, compliance, etc.
One of the software that ...
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