Why is PrismERP the Best Choice for the Foods & Beverages Industry to Increase Organizational Proficiency?

First – Why is ERP Implementation a Must for Food and Beverage Field?

In 2022, it is projected that the size of the world market for food and beverages will rise by $6.4 trillion. Again, the market for food and drinks is anticipated to reach $8.9 trillion in 2026 at an annual compound growth rate of 8.7%.

So, it's fair to say that the food and beverage industry is growing at a rapid speed. That's resulting in increased competition and various business challenges. For instance, the food and beverage section has a complex and competitive supply chain system. Not just that, proper quality control and product traceability are critical. And it will get even more complex in the near future.

That's one reason you should look for an impactful food and beverage ERP system. Like you, businesses in this sector are looking for fresh and creative approaches to succeed. And to deal with the fast-changing market conditions and gain a competitive advantage, ERP software implementation has become essential.

Why Consider PrismERP for Food and Beverage Industry?

Our ERP system will serve you in various ways. That'll include

• Financial Management System
• Supply Chain Management
• Sales & Distribution Management
• Human Resource Management
• Production Planning & Control
• Customer Relationship Management
• Office Administration

To manage all these sectors of our food and beverage business, as an Ideal ERP System, PrismERP contains every essential feature. And these features will facilitate your business in different ways.

However, for your food and beverage company, the two sectors that require utilization of an ERP most are–

1. Sales & distribution
2. Production planning & control

With our ERP system implementation, your business's complex sides will become easier and more successful. So, how does this ERP system help in these sectors?

Here you go.

1. Simpler sales and distribution
2. Accurate Product planning and distribution

Check the next section to fully understand how our ERP software implementation will help you in these two critical aspects of your business.

4 Ways PrismERP Will Help You in Sales & Distribution

Sale and distribution are core aspects of your business. Stocked products aren't going to sell by themselves, are they? If you don't get to market on time, you won't see growth in your business.

In addition, Sales and distribution involve many activities, such as warehousing, order processing, shipping, invoicing, handling returns, booking sales, distributing, communication across the department, etc.

These are just a couple of examples of your sale and distribution sector. And you can tell how complicated all these activities can get without proper monitoring and management.

For example, there could be duplicate stocks that you don't need at all. Besides, you expect complete transparency from salespersons, distributors, and resellers.

Using PrismERP, your sales and distribution process will be smoother for your team. As a result, you will gain profit faster.

Our Sales and distribution management features will assist you in the following ways.

Smoothen payment methods

Using a single payment method obstructs the sales and distribution process. With several payment methods included in our ERP, there will be an increased number of sales.

Keep you informed about stocks

Lack of monitoring of the stocks for distribution may result in a delivery crisis. And that can negatively affect you as you fail to serve your customer. With the help of PrismERP, there will be a proper record of stocks. You can also restock by checking the orders if needed.

Increase secondary Sales

Retailer accusation and price control are two important parts of making secondary sales. You can do these easily with the help of an ERP. This ERP system will help you build a strong relationship with the retailer of your product. As a result, your secondary sales will increase.

Generate EMI sales

You will have to allow your customer to pay you installments so that they look for other options. Receiving payments from your customer in an installment will be error-free within our ERP.

6 Key Areas PrismERP Can Help in Production & Planning Control

Production and planning come before sales and distribution. However, without accurate production and planning control, there will be an improper distribution of the available resources.

This sector of your business includes utilizing human resources, machines, raw materials, etc. You need to predetermine how you will use all these resources for production. If you don't plan, there could be excessive raw material left for the product, which is a loss for your business.

This ERP software implementation can help your business in production and planning in the following ways.

Monitor & track progress

You can monitor every stage of the production process. That way, you can avoid any potential errors. With the continuous observation of the production process, you can also build a detailed report and prevent mistakes in the next production.

Reduce wastages

As PrismERP allows you to plan correctly, there will be zero wastage of raw materials. That ensures proper use of resources and makes your company even more profitable.

Make material requisition & procurement process easy

Two major task here is material requisition and procurement process. With PrismERP, you can ask for materials faster, which means you spend less time in procurement.

Most importantly, the ERP system will suggest the number of materials you need to give requisition for. Overall, you will have the correct amount of materials at the right time. Thus, your production process is flawless.

Help you take corrective action on critical issues

Depending on your production planning and management, this ERP will provide you with predictive data. This way, you will learn if you lack anything and act accordingly.

Enable accurate statistical forecast

With the help of an ERP, you can make a report on each item. That way, you can identify the demand and the remaining amount of the products.

Keep Pace with Food and Beverage Industry by Implementing PrismERP

You can see that our ERP system can improve your production planning, sale, and distribution process. Besides, you can ensure quality and reduce wastage. With an improved business process, you will surely obtain more profits.

Contact us anytime to learn more about this efficient ERP for food and beverage systems.