123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> General >> View Article

Enterprise Software Solution For Retail, Hospitality & Manufacturing

Profile Picture
By Author: trident
Total Articles: 22
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

An organization consists of various departments like Marketing, Finance, Operations Management, Human Resource and IT. So no matter what the size of the company, it becomes difficult for a company to unify or manages its data. Therefore all companies prefer ERP systems to manage their day-to-day activities to follow the business status comfortably and the same goes for the hospitality, retail, and manufacturing industry. For any business in hospitality, retail, and manufacturing, be it bar services, some steel industries or some food court, maintaining all becomes critically important if they want to boost their profits.
In the below context, we will discuss how ERP benefits the hospitality, retail, and manufacturing industry.

ERP Benefits

1. Real-Time Data
Organization data is dynamic, it varies every day and every company needs a real-time insight on their data so that any change will be reflected uniformly across all the units of an organization.
ERP can solve this problem as ERP is all about information. It explores and scatters real-time information to all the relevant units, leaving no scope for error or delay.

2) Point of Sale System
A point-of-sale (POS) terminal can be connected to other terminals and a server at another location. It can be expanded with handheld devices wirelessly linked to the remote area. You can trace several operations in beneficial ways and customize it as your requirements vary over time.

3) Customer management
ERP plays a significant role in customer management and maintenance. You can order the purchase history of customers and choose the most productive ones, offering them reward points or gift vouchers. The customer history gives you an idea of customer practices that enables you to promote accordingly. ERP also assists you to resolve customer complaints promptly.

4. Employee Management
Employee management is the main advantage of using ERP in any industry. Apart from the challenges of maintaining data of several employees in any industry, the geographical restrictions make it more difficult.
ERP helps in the management of employees through an integrated system. Primary employee details are saved in the ERP system, along with real-time information like shift timings, work hours, their work, etc. All of this helps in managing the employees more efficiently and making interaction with them easier.

5. Inventory Management
ERP saves the data of individual product details so that we can know exactly what is presently in your inventory and which items are out of stock or going to be out of stock. It also traces the expiry date, temperature, etc. and helps in demand forecasting.

We have seen the benefits of ERP, now you must be wondering which ERP software is best to use ? Trident's Dynamic NAV ERP is easy-to-use software, which helps the recording and processing of multiple financial transactions and processes. It is outlined to overcome inadequacy and heighten your organizational productivity. This ERP software for the hospitality, retail and manufacturing industry is easy to learn, scalable and requires low maintenance.

More About the Author

Trident is a global consulting firm that empowers organizations around the world to digitally transform and grow their businesses. Our expert consultants offer strategic consulting, implementation services, support and managed services and pre-built software solutions that help our clients innovate and reinvigorate customer, employee, partner and supplier experiences and processes using Microsoft Dynamics 365, ERP, CRM, Business Intelligence/Analytics and related Microsoft cloud solutions.

Total Views: 90Word Count: 480See All articles From Author

Add Comment

General Articles

1. 3 Things To Keep In Mind When Working On Your Ecommerce Seo
Author: Dan Kogan

2. 6 Ways To Make Earn Money Online 2020
Author: Manish Malviya

3. Best Web Designing Company With Innovative Ideas | Prodigit
Author: Vamsi

4. Pitbull Lab Mix - Is A Labrador Pitbull Mix Right For You?
Author: 5amily Ltd

5. Refine Your Personal Aesthetic With Gabriel And Company Earrings
Author: Lisa Alfieri

6. The Unique Advantages Of Attribute-based Authentication
Author: Appsian

7. Start Transforming Your Life Bringing In The True Success
Author: Mindful Guides

8. Self Growth Programs Come Up As The Ultimate Way To Get Rid Of The Difficulties In Life
Author: Mindful Guides

9. Deepen Your Insight With The Anger Management Programs
Author: Mindful Guides

10. Meditation Brings In The Ultimate Peace Improving The Way Of Life
Author: Mindful Guides

11. Empower Yourself Retreat Helps In Learning The Ways To Control Anger
Author: Mindful Guides

12. Astrology Remedies To Overcome Depression:
Author: Durga Matha Astrologers

13. Sell Apple Laptops Online With This Simple Method
Author: Amato Cole

14. What Should Be Considered When Buying Sunrooms?
Author: Bks Cam Balkon

15. Personalised Religious Gifts To Get For A Catholic Baptism
Author: Sadie Halligan

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: