What is the ROI potential for eresource ERP system?

What is the ROI potential for eresource ERP system?

If your business is suffering due to customer complaints about poor service or finding difficulty in expanding the business due to your outdated information system it is time you must go for implementation of eresource ERP.

eresource ERP system will help deliver solid customer satisfaction by automating clerical tasks, improving on-time shipments, reducing inventory and providing information to make quick decisions.

eresource ERP offers the functionality, technology platform and implementation expertise to help you realize the full benefits of an ERP solution.

What is more exciting about eresource ERP is, it not only addresses all your day to day business challenges, you will also get a healthy return on your investment quickly and faster than you probably thought. eresource ERP can yield higher net profits by:


Streamlining your supply chain
Improving customer relationship
Reducing operational cost
Allowing real-time access to information
Providing foundation to growth

Web site : www.eresourceerp.com

Middle East

UAE

eresource Middle East FZE, P.O Box: 513071, Sharjah,

United Arab Emirates.

Contact Person: Sudheer Soman Nair, CEO

Mob: 00 97155 9018499

email: sudheer.nair@eresourceinfotech.com

TMA House, 1st Floor,

Road No 16, Plot No. 6

Wagle Industrial Estate,

Thane (West) 400 604, Maharashtra

Tel: +91 22 41118000 / 8049 (50 lines)

+91 22 25828775

e-mail (Sales): sales@eresourceerp.com

What does the term 'Best Practice' mean in ERP context?

What does the term 'Best Practice' mean in ERP context?

The best practice in ERP can be defined as the utilization of fundamental set-ups to the maximum possible to produce the desired performance in terms of 'customer focus, zero waste of all the resources and value creation'. Tangibly, it leads to increase in quality and service, and reduction of cost and response time.

ERP enjoys having a strong skeleton based on these best practices. All the workflows in ERP are so thoughtfully maintained that it ensures that the user automatically follows the best practice. It won't allow the user to bypass or modify the predetermined course of action that may create 'non-value added activity

Web site : www.eresourceerp.com

Middle East

UAE

eresource Middle East FZE, P.O Box: 513071, Sharjah,

United Arab Emirates.

Contact Person: Sudheer Soman Nair, CEO

Mob: 00 97155 9018499

email: sudheer.nair@eresourceinfotech.com

TMA House, 1st Floor,

Road No 16, Plot No. 6

Wagle Industrial Estate,

Thane (West) 400 604, Maharashtra

Tel: +91 22 41118000 / 8049 (50 lines)

+91 22 25828775

e-mail (Sales): sales@eresourceerp.com

How accurate are sales forecasts?

How accurate are sales forecasts?

ONE should understand that the sales forecast is not exact but should be as accurate as one could reasonably expect for the business he/she is in and that, through measurement and correction of errors, the sales forecast accuracy is improving on a product by product basis.

It is mainly the job of planning, purchasing and production departments to be able to meet the sales forecast given this expected level of accuracy. However, it is not necessary to have an accurate forecast to plan and control your business; you do need everyone to work to an agreed forecast that is updated regularly with any significant changes.

Forecast accuracy also will depend on the historical business background you are in. If you are in a mature and stable business you should expect a reasonably accurate forecast. If the business is new and growing, the forecast will be less accurate. In either case the way to determine what your forecast accuracy should be is to start with the accuracy you have achieved in the past. This is the minimum starting point for forecast accuracy. If you do not have a formal forecasting process at the moment, you should start now.

Forecast accuracy should be measured in units of production not value unless there is no sensible unit of production (a company selling a service for instance). An important reason to measure forecast accuracy is to be better able to plan the future supply chain and value adds in factors such as selling price and even exchange rates into the forecast accuracy which do not affect the supply chain. Average selling price and exchange rate should be forecast as a separate exercise for financial planning.

Once you are measuring sales forecast accuracy, the next stage is to improve it. This is achieved by investigating any forecast errors outside the historical accuracy of the forecast.

Finally, the sales plan should be the date and quantity of shipments you expect your customer may require. If your customer requests products in line with the plan, but you are unable to ship that product, it is still a hit as far as plan accuracy is concerned. On the other hand, if your customer requests shipments on a different date from the plan it is a miss even if you could have shipped it according to the forecast plan.
Web site : www.eresourceerp.com

Middle East

UAE
eresource Middle East FZE, P.O Box: 513071, Sharjah,
United Arab Emirates.
Contact Person: Sudheer Soman Nair, CEO
Mob: 00 97155 9018499
email: sudheer.nair@eresourceinfotech.com

TMA House, 1st Floor,
Road No 16, Plot No. 6
Wagle Industrial Estate,
Thane (West) 400 604, Maharashtra
Tel: +91 22 41118000 / 8049 (50 lines)
+91 22 25828775
e-mail (Sales): sales@eresourceerp.com