The textile industry has changed continuously over the last few years. Now more than ever it is essential for the industry to find sustainable ways to streamline their processes. To an outsider, the textile industry is just like any other manufacturing operation, but this isn’t the case. It is a complex system that involves a wide range of processes such as manufacturing, distribution, sales and accounting.
The adoption of a modern ERP system benefits textile companies by providing an intelligent business management solution. It will consolidate all data such as manufacturing, sales, purchase, stock, accounting, distribution and other assets into a single central platform. These are the top benefits of ERP for the textile industry:
Streamline Manufacturing
One of the biggest challenges encountered by textile industries is that of managing raw material efficiently. Excess raw materials waste valuable floor space and run as a loss, where inadequate supplies lead to delays in fulfilment of orders. Both inefficiencies hurt your bottom line.
ERP software will automate and streamline your manufacturing process. It will effectively calculate an accurate estimate of the raw materials required, the cost associated and the expected revenue. ERP software functions in real-time so any changes will automatically be captured and updated system wide.
To bolster your brand in your competitive industry it is essential to have quality control measures in place. The right ERP system can go one step further than estimations and provide real-time information on your stitching, dyeing, printing, labelling and packing.
Inventory Management
ERP software benefits companies in the management of inventory to avoid In order to excessive or substandard inventory. Your ERP system will help you categorise, in real-time, your inventory by categories of price, size, colour, style, vendor, or whatever category your business finds useful.
Inaccuracies in inventory management usually occur due to human error and the use of multiple systems. With a modern ERP system your orders, sales and fulfilments are automatically updated system wide.
You will be able to track your inventory throughout the production and supply chain. With the use of real-time data, you can be sure what products and materials you have and what you need, as well as any demands required. Ultimately, you gain greater visibility, and this leads to an effective operation.
Customer Management
By automating your manufacturing and inventory management, your sales team can more effectively address your customers’ demands, queries and requirements. You can also store important information on your customers preferences and activities. This gives your business the opportunity to capitalise on the relationships you have built with your customers. Your sales team can offer support to customers based on accurate data that is easily accessible. It can also highlight any issues within your supply chain so that you can address them head on.
Tracking capability of ERP systems means your business can track transactions and manage delivery dates effectively. You will also be able to calculate overall sales based on differential margin rates
Furthermore, the adoption of ERP software can really add to your brand value. You can customise your ERP to include a personal touch to boost your sales. You can include elements such as self-designed tax invoices and customised product labels to really drive customer satisfaction and loyalty.
Collaboration and Networking
The textile industry is complex and involves various moving parts. The automation and real-time nature of ERP software means that complex process become simpler. An ERP system with integrate a multitude of functionalities into one easy-to-use centralised system.
Processes such as data entry, editing and transfer, storage encryption and information access become much simpler. You will streamline your entire operation by integrating your different processes into one framework that is accessible.
This also means a greater degree of collaboration between all parties involved as all data is captured and updated in real-time. Most ERP systems have built-in e-mail, messaging, voice and video calling options, which means your team can support each other throughout the vast array of processes.
A cloud-based ERP system will automate and centralise all of your important processes, from manufacturing and procuring raw materials, to sales and delivery. The right ERP solution will increase the quality and efficiency of your textile business. Find out how an effective ERP system will bolster your textile business and help it grow.
