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    MIE Solutions Blog

Quick Tip: What is ERP?

Posted by MIE Solutions on Jan 4, 2016 8:00:17 AM

What is ERP?

Enterprise Resource Planning, or ERP, is a process to help you run your business. At its most basic level, ERP software integrates various business functions into one complete system to streamline processes and information across the entire organization. ERP Software, such as MIE Trak Pro, provides you with the tools to know exactly what’s happening in all departments and if you are profitable.

erp diagram2.jpg

ERP Software helps you answer questions like:

  • "Am I quoting too low?"
  • "Should I run overtime?"
  • "What's my cash-flow like?"
  • "Am I on schedule?"
  • "Do I need to purchase now or later?
  • "Are we making a profit?"
  • "Where is my inventory?"

Once upon a time, running your business was intuitive. You knew exactly what to do and how to do it. In fact, you did it so well that you were hiring more employees, getting more business, and making more profit. You started with Excel to track inventory, used QuickBooks for quotes, and before you knew it, your one-person show became a 10-person operation, or a 50, 100, 500+ employee company.

 

Areas where ERP can help you streamline your processes include:

MIE Trak Start Screen.jpg

MRP - Manufacturing Resource Planning

Planning is facilitated by the integration of MIE Trak Pro modules like Scheduling, Inventory, and Purchasing, and Quality Control.

 

FRM - Finance Resource Management

Managing your finances is facilitated by the integration of MIE Trak Pro modules like the General Ledger Account, General Journal Entry, Invoicing, Bill Payment, Quotes, and Payments Received, Deposits, and Reconciliation.

 

HRM - Human Resource Management

Managing human resources is facilitated by the integration of MIE Trak Pro modules like Time Clock and Kiosk.

 

PM-Project Management

Managing projects is facilitated by the integration of MIE Trak Pro modules like Routers, Work Orders, and Projects.

 

SCM-Supply Chain Management

Managing your supply chain is facilitated by the integration of MIE Trak Pro modules like Supplier Center, Inventory, Purchasing, and Sales Orders.

 

CRM- Customer Relationship Management

Managing your customers is facilitated by the integration of MIE Trak Pro modules like Customer Center and Party Maintenance.

 

ERP system modules help facilitate a leaner manufacturing process by streamlining your business through:

Quoting and Estimating

Sales Orders

Work Orders

Scheduling

Purchase Orders

Inventory

Quality

Data Collection

Kiosk

Invoicing and Accounting

 

Bottom Line: If you want the visibility to find out how to make your business efficient, lean, and more profitable, you need an ERP system.

 

 

 

Topics: efficient, enterprise resource planning, erp, lean manufacturing, mie trak pro, profit, Quick Tips

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