While 2022 is already well into it’s second quarter, it is never too late to try to capitalize on the trends in the ERP space, especially for distributors. As the business world continues to try to adjust to post-COVID life, considerations continue to change rapidly. Having an ERP solution that is able to evolve in real-time to emerging and changing trends is more vital than ever.
Counter Supply Chain Disruptions
Supply chain disruptions have become par and parcel for many businesses over the last two years in the wake of the global COVID crisis. Modern ERP solutions such as Acumatica employ a number of technology based solutions to counteract this ever-present danger including radio frequency identification (RFID) tags and the Internet of Things (IoT). RFID tags enable easier electronic tracking of goods and inventory, allowing for a better, more clear picture of your supply chain. Should a disruption occur an alert can be automatically set up within Acumatica, alerting not only your business users, but also your customers, allowing or quicker resolution of the problem, lowering the negative customer impact.
Automation. Automation. Automation.
One of the biggest trends for distributors in the last few years has been automation, and that is not changing anytime soon. If anything, the drive to move more and more processes into an automatic state is only increasing. Automation serves businesses in a number of ways, notably reducing labor costs, task completion time, and minimizing human error. Acumatica’s ERP solution features several automation options designed to streamline workflows and raise efficiency.
AI and Machine Learning
Artificial Intelligence (AI) and Machine Learning (ML) are no longer new technologies, but they remain on the cutting edge, and can give any business a leg up on the competition if employed properly. Smart businesses use AI and ML to aggregate data and use it to forecast needs and make decisions, fill orders faster and more efficiently, and optimize route management capability for more efficient deliveries.
Companies that rely on legacy, on-site systems are already at a disadvantage, and that gap will only continue to grow. By partnering with Acumatica distributors empower their businesses and employees with the tools they need to not only excel at their jobs, but to do so faster and more efficiently than they had previously been capable of.