How retail can withstand cost pressure with an efficient ERP system.
"In recent years, wholesale and retail has increasingly become a digitised industry."
- Dr. Harald Dreher.
In recent years, wholesale and retail has increasingly become a digitalised industry. This means that the processes within the supply chain have to be made more efficient in order to survive cost pressure and low margins.
Improving competitiveness is a permanent aspiration of successful wholesale and trading companies, and this usually also involves the requirements for ERP and merchandise management software in terms of efficiency in a digitalised world.
Special requirements are placed on an ERP system:
Meet your unique business goals
Process optimisation should be considered before ERP implementation as it ensures the system operates on streamlined, efficient workflows. Without it, ERP systems risk magnifying inefficiencies instead of resolving them. Process optimisation
Building regulatory compliance capabilities within ERP, especially for sustainability and CSDR, ensures the system is equipped to handle evolving regulations. Early integration minimizes future disruptions and enhances long-term sustainability efforts. The integration of regulatory compliance
The selection of an ERP system is fundamental to long-term success. The right system ensures operational efficiency, compliance, and scalability, reduces future costs, and enables sustainable growth. A structured and professional selection process:
ERP implementation is crucial for transforming business operations by integrating key processes into a unified system. It enhances efficiency, streamlines workflows, and provides real-time data insights, driving overall business success. The implementation of an ERP-system
The AI and Automation module focuses on leveraging technology to improve efficiency, reduce costs, and enhance decision-making. Built on a foundation of standardised processes and clear data, this module helps businesses harness the full potential of AI and automation for sustainable growth. The integration of AI-technologies
Process optimisation should be considered before ERP implementation as it ensures the system operates on streamlined, efficient workflows. Without it, ERP systems risk magnifying inefficiencies instead of resolving them. Process optimisation
Building regulatory compliance capabilities within ERP, especially for sustainability and CSDR, ensures the system is equipped to handle evolving regulations. Early integration minimizes future disruptions and enhances long-term sustainability efforts. The integration of regulatory compliance
The selection of an ERP system is fundamental to long-term success. The right system ensures operational efficiency, compliance, and scalability, reduces future costs, and enables sustainable growth. A structured and professional selection process:
ERP implementation is crucial for transforming business operations by integrating key processes into a unified system. It enhances efficiency, streamlines workflows, and provides real-time data insights, driving overall business success. The implementation of an ERP-system
The AI and Automation module focuses on leveraging technology to improve efficiency, reduce costs, and enhance decision-making. Built on a foundation of standardised processes and clear data, this module helps businesses harness the full potential of AI and automation for sustainable growth. The integration of AI-technologies
Martini Sportswear is a forward-thinking business that is dedicated to producing quality of products and superb service. Their multifunctional sportswear stands out for its smart-casual design that has a level of quality.
Goal:
Requirements:
Yfood is a complete and simple alternative for situations in which there is little time to eat a balanced diet. Today, yfood is the German market leader in the Smart Food category and can not only be ordered in over 30 countries, but is also an indispensable part of stationary retail.
Goal:
Requirements:
Deuter is internationally recognised in the outdoor and sporting goods industry. Specialising in high-quality adventure gear. With a global presence, Deuter faces challenges to maintain sustainability standards, manage a diverse supply chain and continually innovate.
Key Market Challenges:
Falke is a leader in premium clothing - known for their high quality hosiery, socks and knitwear. They operate in the fast paced apparel market, therefore contend with challenges to meet seasonal demand fluctuations, changing market demands as well as consistency in product quality and international production standard adherence.
Key Market Challenges:
Gore-Tex, is synonymous with waterproof but breathable fabric technology. They are a key player in technical fabrics used across industries, from outdoor gear, medical to industrial. With a clear focus on continuous innovation, there ongoing operational challenges span everything from industry regulatory compliance, multiple manufacturing sites and partnerships.
Key Market Challenges:
The ERP system must efficiently support the processes within the supply chain. It is essential that the software offers a high degree of flexibility, is easy to learn and can be used both stationary and mobile.
Standard interfaces to logistics and warehouse systems as well as connections to mobile devices are basic principles that must be specified in a requirements specification tailored to the company.
The software must be able to adapt to the requirements of the environment (interfaces) and the changes within a company, to ensure that the software can scale and support the necessary processes in the future.
In summary, choosing the right ERP and merchandise management solution is a decisive factor for the success of a wholesale or trading company.
Get qualified answers taken from in-depth data analysis to make the right business critical decisions.
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