Value Analysis of ERP Management in Footwear Industry
The implementation of ERP in the footwear industry is the beginning of management. So, after the implementation of ERP in the footwear industry, what value will it bring to the enterprise? Let's take a specific understanding of ERP in the footwear industry.
After implementing ERP, enterprises have obtained rich business operation data and have very convenient tools to apply this data. Strictly speaking, the main focus is still on the latter, as in manual management, there is also rich business operation data. However, at this time, the business operation data is scattered among hundreds or thousands of documents, and well managed enterprises only have a few more ledgers. These data accumulate day by day, and even small enterprises can easily reach a document volume of millions or more in a year. At this point, it is difficult to comprehensively process these data and obtain the desired information, so a considerable number of business leaders can only grasp the operation of the enterprise based on difficult to understand financial statements, which have the aforementioned limitations. The implementation of ERP will completely change this situation, completely filling the limitations of financial statements. Enterprise leaders can comprehensively grasp the situation of the enterprise from multiple perspectives, and due to timely understanding of the situation, they can even adjust the operation of the enterprise at any time during the planning period.
The adjustment of business operations is the result of monitoring the operational status of the enterprise. The data organization provided by ERP is stored according to a certain logic, which ensures that the data source is unique, and the departments used share the same data. This so-called data sharing allows enterprise managers to not only understand the operation of their own department in real-time, but also conveniently know the operation of other departments, as long as they have relevant data permissions. The biggest change in management methods brought about by ERP is the change in communication between departments in enterprises, which has made communication simpler. This is the fundamental reason why ERP can improve work efficiency. For example, the problem of decomposing and querying sales revenue is only a function for statistical analysis of sales orders in ERP. Inventory provides guidance for procurement, as long as the concept of available quantity is used, no matter how many types of inventory there are, it will still provide available quantity queries for procurement and guide procurement operations.
After the application of ERP, another important aspect of solving the problems faced by enterprises is to provide financial support for business, complete accounts receivable and payable management system, so that sales managers can face suppliers and customers with confidence, which will greatly improve the reputation of the enterprise. The inventory accounting function provides precise accounting for inventory assets, eliminating worries for inventory managers and allowing them to focus more on how to effectively utilize limited resources and manage inventory assets.
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