Primary Considerations while Procuring a ERP for Apparel Industry
No offense that apparel industry has significant contribution to our national economy while economist says 83% of total export earning of the country came from apparel industry. On the other hand achieving the maximum level of business satisfaction of an apparel industry became more complex due to global competitiveness and continuous trend. According to several studies, lack of digitalization, manual recruitment, sustainability, unskilled workforce, lack of effective production planning, etc with lots of other reasons are figured out as the obstacles for the apparel industry.
Considering the obstacles of today's apparel industry, ERP offers the most feasible solution to enhance the operational efficiency while maintaining global competitiveness. An ERP offers effective human capital management which ensures the seamless integration of onboarding to exit of an employee. Extremely integrated features and functionalities of an ERP highly ensure the skilled workforce by properly analyzing their skill matrix, giving proper training, and proper specialization. Right workforce in the right project can overcome the obstacles of the unskilled workforce of the apparel industry.
Not only workforce utilization, an ERP allows an apparel industry to centralized overall data in a central place with the daily/weekly/monthly comprehensive report. Based on those reports an apparel industry can take any further steps to making effective decisions for the management and workforce both. ERP allows an industry to solve the financial challenges with financial transparency including each transaction's details, project budgeting, expenses of fixed assets, etc.
Monitor the progress of each production step ensured by the production planning and control features of an ERP. Calculate the required raw material, ensure the quality of products, systematic packaging with unique identification, schedule the shipping with customers deadline all are highly assured by an ERP. An ERP allows the optimization of the overall resources of an apparel industry to figure out the best production planning with highest level of profitability.
Rather than that, study shows inefficient supply chain and distribution also causes the less efficiency of today's apparel industry. Sudden incoming orders are nothing new for the apparel industry while several projects are already in an ongoing process in the production floor. Here, without ensuring the proper supply chain management for inventories, raw materials along with product distributions in a timely manner, an apparel industry can not smoothly maintain their production flow for several incoming orders. An ERP also forecasts the upcoming sales trend according to the production plan. ERP has the features named “Demand forecasting” which reduces the chances of overstocking or stockouts.
According to the above conversation, we can surely say that ERP allows an apparel industry to digitize the overall operation from order collection to distribution. In this modern area, industries do not have that much time to take all the necessary steps manually by pen and paper. Here ERP can be the utmost solution for an apparel industry to convert a manual operational process into a digital one which occurs less time and less cost.