ERP system – why should you integrate your online store with it?

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A B2B online store is a way for a business to conduct sales efficiently and profitably. However, running one presents challenges for owners. What about an ERP system? Is it worth integrating an online store with an ERP system? Definitely! Why? Read on to find out and learn more about it!

Why should you integrate your online store with your ERP system? – index:
What is an ERP system?
History of ERP system
Advantages that make ERP indispensable in any company
Is it worth integrating an online store with an ERP system?
What is an ERP system?
The acronym is derived from the phrase Enterprise Resource Planning. An ERP system is a method of effectively managing all of a company's resources. It encompasses the most important processes in almost all areas of a company's business: sales, finance, accounting, inventory, human resources, purchasing, as well as production.

What sets it apart is that it operates on a single database. This means that information entered in one place in the system, for example in trading, is immediately visible in another place, for example in accounting. This allows the company's processes to be organized and gives it full control over them.

Why should you integrate your online store with your ERP system?
History of ERP system
MRP, or Material Requirements Planning, systems are the ancestors of ERP, bahrain whatsapp number database shortly after World War II. In 1964, Black and Decker was the first company to apply it. Its main feature was to determine the need for materials needed to manufacture a product based on current inventory and expected deliveries.

Software continued to develop rapidly until the 1990s when more powerful computers arrived and took over. These computers allowed the handling and coordination of immense amounts of data. Thus the ERP system was born, making it possible to manage virtually every aspect of a company.

Advantages that make ERP indispensable in any company
The introduction of an ERP system in a company brings many benefits. Firstly, it allows you to reduce labor costs by automating some repetitive activities, as well as material costs as a result of accurate production planning. Every company is looking for savings, so in this regard, it is a real relief.

Thanks to the implementation of an ERP system, the time required for: processing orders, separating stock, preparing reports or registering documents is reduced by up to half. Time is money, so saving it is certainly a big plus for any business.

The introduction of an ERP system improves efficiency in many areas. Through employee evaluations, time measurement and satisfaction surveys, employees become more productive. Through production planning or sales support using customer potential assessments and sales force targeting.

Another advantage is faster decision-making for executives. They have full access to all company information and future forecasts in one place, and do not have to search for and interpret partial data on their own. This allows them to manage the company responsibly and with excellent results.

ERP is associated with better data security. Digitizing information minimizes paper-based workflow, thus limiting access to unauthorized persons. Digitized accounts are always protected by special passwords that only authorized persons know.