Digitalization is essential to the longevity of your business, as it presents significant opportunities to address key operational issues, align products and services to the demands of today’s market, and achieve growth. Business management software provider, Epicor Software, presents how digitalization can help your distribution business grow in their eBook titled, “Building a Better Tomorrow with ERP.”
ERP stands for Enterprise Resource Planning, and refers to the systems and software packages used by organizations to manage day-to-day business activities, such as accounting, procurement, project management, sales, and manufacturing and/or distribution operations. ERP software helps enterprises to use integrated solutions for business management and to automate certain department processes of an organization, like Human Resources.
Towards the beginning, when ERP software first came into the market, it was primarily designed for inventory management. Today, ERP systems have evolved to encompass a lot of other back and front-office operations.
Digitalization is disrupting the distribution sector as large distributors move to take advantage of emerging technologies including advanced analytics, cloud and mobile, Internet of Things (IoT), and artificial intelligence (AI). To compete effectively, every distributor must embrace digital technologies to improve operational efficiency, better understand their customers, and differentiate their offerings. For many distributors, the biggest barrier to digitalization is the fear of disruption to their business. They worry that changes to long-established ways of working will mean upheaval for staff and customers, which could pose a risk.
Available here, the eBook will help you understand the technological challenges facing your business, assess the capabilities needed to support your digitalization journey, highlight some best practices to implement your digitalization strategy and exploit growth opportunities.
Download the full eBook, “Building a Better Tomorrow with ERP” here.
Looking for more? Download our ERP buyers guide for free and compare the top-24 products available on the market with full page vendor profiles. The guide includes four key capabilities to look for in an ERP solution, plus five questions to ask yourself and five questions to ask the software provider before purchasing. It’s the perfect resource for anyone looking to find right ERP for their business/organization.