How can ERP for bottled water business help you?
This is the first question business owners ask before implementing ERP for bottled water businesses.
An ERP, or enterprise resource planning, is business management software with multiple business apps that automate. Streamline operations, improve efficiency and productivity. Ensure data integrity across various departments.
However, these are very few reasons to invest in this technology. We are here to help you understand how it can help your business.
Top benefits of implementing ERP in your bottled water business
ERP unifies all the business departments, such as procurement, production, quality control, sales, finance, and deliveries, in a single system. Here are 14 benefits of implementing ERP in your bottled water business:
Data security
Data is one of the most important assets for making prompt and informed decisions. The ERP system stores all the data in one place, making it a single source of truth. This software replaces spreadsheets and file sharing on some chatting apps. The data in cloud ERP is stored on multiple servers to compensate for any single point of failure, offering a double layer of security. This is crucial for businesses with sensitive customer data.
The system can increase security with user-based permissions to access and edit data. This includes allowing employees to see and modify information they need to. This reduces the chances of fraudulent and other illegal activities.
Centralized data
Cloud ERP platforms gather data from different business departments and store it in a single place. Centralizing data standardizes it, mitigates human errors, keeps data consistent, and improves efficiency, making it easy for analytics and reporting tools to generate accurate business reports. This assists in making informed decisions, saving time and money.
Regulatory compliance
Adhering to strict regulatory rules is important for a bottled water business. The system streamlines document management, scheduling audits, and recording results. Such customizable tools make tracking compliance easy and adjust when necessary. Bottled water businesses must comply with the International Council of Bottled Water Associations (ICBWA) and the International Network of Drinking Water and Sanitation Regulators (RegNet). However, the regulatory standards may vary based on your country.
The best ERP for bottled water industry updates on changes in regulations to keep you compliant. And compliance is crucial for the bottled water industry.
Increased productivity
ERP increases businesses’ productivity in multiple ways. It automates repetitive tasks, freeing employees to work on more important tasks, mitigating human errors, and investing in other projects that can bring value to the business, like planning business growth strategies. Automation can make tasks straightforward and faster.
Since all the operational and administrative data is available on the ERP system, your employees do not have to ask around for updates. This streamlines and cleans the operations, improving operational and employee productivity. Improving productivity means you do not have to add new employees to the team. Removing manual tasks from the employees fosters meaningful and growth-orientated discussions and planning.
Visibility
One of the main advantages of implementing an ERP system is visibility. ERP provides a complete view of all operations, which is important for faster and better decision-making. The system feeds all relevant information to managers and employees based on user roles.
They can help find and fix problems in the water supply chain by tracking the movement of bottled water from production to order fulfillment. Complete operational visibility saves time and effort in locating information, which would be difficult without an ERP system.
Scalability
Water Delivery Solutions provides a modular ERP platform with several interconnected business management applications. These applications or modules can be added or removed from the dashboard, enabling your business to scale as it grows and evolves.
The cloud-based ERP system can adjust to accommodate the increasing data size. These systems run on remote servers, which ensures smooth operations and reduces IT workload.
Flexibility
ERP solutions are designed for bottled water businesses of all sizes to meet specific demands. The ability to cater to unique business needs makes ERP complex; however, the bottled water ERP’s modular architecture makes it easy to use. The system’s flexibility allows it to evolve and adapt to changing trends and customer demands. You can add extra features and automate and modify workflows to keep the system relevant without replacing it.
Accurate forecasting
If you know what is coming, you can always prepare for it. The data is stored in one place and is consistent, improving the quality and accuracy of the forecast. The analytical features and machine learning can enable ERP to use historical data and trends to anticipate future demands, revenue, and expenses.
Accurate forecasts can help you make precise decisions, such as purchasing inventory based on the sales forecast or cutting costs based on a higher expenses forecast. Forecasting can help you both ways: reduce costs and improve profits.
Accessibility
The ERP is cloud-based and can be accessed from anywhere in a system. We also provide applications for inventory management, manufacturing tracking, customer order apps, and driver apps. This allows your team to access and check operational access from their mobiles.
These are appropriate for businesses with field employees, such as bottled water businesses. The delivery person or the marketing team needs a mobile application to manage deliveries, place orders, collect payments, and obtain proof of delivery.
Reduced costs
ERP can significantly lower business expenses. Automation can reduce or even eliminate many operational and administrative costs. This system also eliminates manual tasks such as data entry.
The system provides meaningful insights that can help you identify the source of high expenses and optimize it to save costs. It also assists you in planning to prevent various operational hiccups, including rush orders, overproduction, and underproduction, to save costs that can quickly add to ROI.
Collaboration
The ERP system enables employees to collaborate to complete tasks, removing miscommunications or misunderstandings about work. This streamlines processes and keeps them clean.
ERP’s CRM allows you to connect with your customers and help provide prompt solutions to their problems. It stores all customer information and interactions to offer a personalized experience for improved customer relationships.
Streamlined workflows
ERP software can help you modify or remove steps to improve the workflow and make it faster and more efficient. The system standardizes workflows, removes discrepancies, and ensures employees follow a common practice.
Real-time reporting
The system can provide custom reports across various operations, including finances, production, quality control, inventory, deliveries, sales, and customer management. ERP can generate tailored reports regardless of the KPIs you use to measure your business health. You can track and compare between the departments and see which is driving your business.
ERP provides real-time access to the reports and enables you to make timely, informed decisions to avoid sudden disruptions and issues. This prevents you from waiting till the end of the financial year to make changes.
Operational efficiency
The ERP solution is connected to every aspect of your business. This makes processes less time-consuming, improving productivity, and reducing costs. You can identify and fix operational and functional problems.
Automation can help you improve your profit margin, save time and effort, and increase production. This can improve your business efficiency and save money.
Conclusion
You might find investing in ERP for bottled water expensive, but if you don’t, you might lose more than you have to invest. ERP has become a must-have system to streamline and optimize your business, improving efficiency, productivity, and profitability while reducing overhead. If you are considering implementing an ERP in your bottled water business, book a demo to see how we can help.
He loves to explore. His passion for helping delivery industries in all aspects flows through in the vision he has. In addition to providing smart solution to make delivery process flawless, Ravi also likes to write sometimes to make it easier for people from business industry looking for digital solutions.