How does your ERP stack up. Five tough questions every business should ask themselves

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) September 6, 2009 -- These questions are a result of many years of implementation consulting and problem solving for small to large businesses over the past decade. While we don’t address every issue encountered by a business, we do focus these questions on the issues with potentially the most cost impact, and highest return on investment;

1) How often do you not have the required inventory to fulfill an order in a quarter? This means finished goods as well as raw material to produce the finished goods.

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How does your ERP stack up. Five tough questions every business should ask themselves

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A) To often, B) Once or twice were short, C) Never short.

Not having what is needed when needed can wreak havoc in your business. Expediting the material eats away at your gross margin, and late order delivery risks customer loss.

2) How much inventory do you carry on-hand?

A) Enough to handle any possible situation, B) More inventory then we need, C) Just enough to meet our demand.

Stated in simple terms, the goal of effective inventory management is to have on hand at any given time only enough inventories to support planned sales until the next delivery arrives, plus a safety stock to cover any short term sales spike and the possibility of a late vendor delivery.

3) Are most business issues, customer problems, supplier problems and business decisions discovered as a result of reports? Even worse, are these reports manually generated?

A) Yes, through manually created reports, B) Yes, through system run reports, C) No, we have workflow and approvals in place.

Fire prevention instead of fire fighting is critical to competing successfully locally and globally in today’s economy. If you don’t have a business solution that embraces workflow, alerts and real-time approvals, the throughput of business is in jeopardy. Valuable time is wasted on fire fighting.

4) Are there multiple applications and technologies being used to run your business i.e. CRM, Warehouse Management, Accounting, Quality, Engineering, etc…

A) Yes, without integration, doing double data entry, B) Yes, integration / synchronization is questionable, C) No, everything is run from a single solution.

To save money, many companies migrated towards “Best of Breed” technologies. Implementing this for CRM, that for ERP and maybe even throwing in some home grown Access applications designed for specialty areas. Additionally, in the race for ecommerce and WebCRM, business solution back-ends are still not fully integrated with their ecommerce solution. If your company is entering the same data more than once, there is a problem.

5) Can your business easily generate reports and leverage your historical data to spot trends, identify weakness or strengths without having to write custom code?

A) Access to historical business information is limited, B) We depend on our IT staff to create reports we need, C) Managers and users can get the data they want, when they want it.

The old adage plays true here, “What if you had a wonderful business, and didn’t even know it”. In today’s day and age, information is king. Without good, accurate, real-time information, businesses are at the mercy of speculation. Speculation has sunk many good companies.

So now what? Did some of these questions resonate with your business situation? How quickly can you report on your daily inventory value, what are your material expedite costs in one quarter? Is your service department a profit center? The list of questions is never ending. One thing remains true, and that is the cost of doing nothing.

Case in point. A company who builds engines prided themselves on meeting delivery due dates. This was their niche, their competitive advantage. However, their current disparate systems could not adequately manage inventory. So while they met their delivery dues dates, the profit margin was often in the red from material expedite costs. The cost of doing nothing was actually costing this company millions of dollars each year.

Jeeves ERP is revolutionizing today’s businesses through common sense best business practices, role based processing, electronic approvals, workflow and alerts. Fully integrated with Skype for global supply chain VOIP, no other ERP solution in the market today can provide the competitive advantage of Jeeves ERP.

Jeeves ERP is saleable from 5 users to over 500 users. Jeeves ERP is used by both small startup companies, and fortune 1000 companies. Jeeves ERP is the last ERP system your business will ever need.

Jeeves ERP implements quickly, with a very low total cost of ownership, providing a fast return on investment.

For more information on Jeeves ERP, or to schedule a demonstration of Jeeves ERP, please visit http://www.jeeveserp.com

More information can be found online at http://www.jeeveserp.com

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