Enterprise Resource Planning

A vital part of any business‘ enterprise resource planning architecture is the component of supply chain management. As entrepreneur Vinod Ramchandra Jadhav explains, you should consider implementing and integrating an improved suite of SCM applications when upgrading your systems.

There are many choices in ERP and SCM software options on the market today, which can make it challenging to figure out which one would be most beneficial to you. 

As you’re going through this process, keep in mind the following key points that you should consider when choosing these software solutions for your business.

Industry Specific

A supply chain is a very generic term. While it refers to the same basic set of principles and processes, each industry has its intricacies in the supply chain. Therefore, when considering ERP and SCM software, opt for those focusing on your specific industry. Pharmaceutical companies, for example, deal with a lot of raw materials that are processed into end-user products. Therefore, how the materials are handled along each step of the process is essential to the company’s success.

Having a software solution catered to your industry will help you become more efficient and effective.

Compatibility

The proper ERP and SCM software can be game-changing, but it shouldn’t change everything about how your business operates. Your company likely has a lot of systems already in place that you need to maintain consistency. To that end, you should select an ERP and SCM software solution compatible with your current systems. There may be instances where finding a new software package requires a tweak here or there to existing systems, but it shouldn’t need a complete redesign. The idea is to make the process as easy and seamless as possible. Changing each system you have for a new ERP and SCM software would be the antithesis.

Requirements and Expectations

Before you choose any software system, you should always clearly define what your requirements and expectations are from that system. This could include compatibility, ease of use, mobile capability, budget, and reporting.

Once you’ve set your requirements and expectations for this software, you can match available systems to those requirements and expectations. This will help you make a well-informed decision about what company’s package would be the best fit for what you want and need.

Reliability

Technology is supposed to make your job easier, not harder. But, as we all know, technology doesn’t work from time to time. This can be highly frustrating, but it can be very costly, too.

When you’re searching for a new software solution, Vinod Ramchandra Jadhav suggests you opt for systems that are considered very reliable. Of course, software companies will claim that their products are reliable, but you should dig deeper. 

Vinod Ramchandra Jadhav suggests checking out user reviews of all the software solutions you consider. Weigh the positives and negatives for all the software packages that meet your requirements and expectations, and then choose the one that you feel has the most positives and minor negatives.

One thing to keep in mind is the reliability of the software itself and that of the company that created and services it. What is their reputation? How long have they been in business? What types of customer support do they provide?

You want to partner with a company that provides a great ERP and SCM software solution that will constantly support you whenever you need it.

About Vinod Ramchandra Jadhav

A self-described first-generation Entrepreneur, Mr. Vinod Ramchandra Jadhav is the Chairman of SAVA Group and Devtech M2M. With a career spanning over two decades, he is well-versed in marketing, sales, supply chain management, and regulatory and corporate affairs in various capacities. 

Mr. Jadhav holds a Diploma in Mechanical Engineering and a graduate degree in Materials Management.

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