
What resources should baby gear store owners use to stay informed on the most up-to-date digital strategies?
What is an ERP?
ERP stands for Enterprise Resource Planning and is an integrated software suite used to manage all business processes, from customer relationship management, inventory control, and financials, to sales order processing and production management. It is one of the most essential investments a small business can make and is an important part of running a successful baby gear and equipment store.
Measurement of Successful ERP Selection
When selecting an ERP, there are several criteria that should be taken into consideration. The first is whether or not the ERP system meets the needs of the particular business – what features are offered and will they work for the business? Cost should also be considered – how much will the ERP system cost in total, including any additional setup and integration fees. Lastly, the user-friendliness and customer support of the ERP should be evaluated to ensure a smooth transition to the new system.
5 Common Mistakes and Solutions in ERP Selection
With any new technology, there can be mistakes made in the selection and implementation process. Here are some of the costly mistakes that baby gear and equipment store owners make when selecting an ERP and how to avoid them.
Mistake 1: Not Doing Proper Research
It is important to invest the time upfront to research the various ERP systems available and to evaluate the features offered by each. Without doing the proper research, it is difficult to know if an ERP is the right fit for the business.
Solution
Take the time to do the research and understand how the ERP system will integrate into the current business structure. Make sure to compare the features of the varying ERP systems to make an informed decision.
Mistake 2: Not Understanding the Total Cost of Ownership
Many store owners do not realize the total cost of ownership of the ERP system and are not prepared to pay additional costs such as setup and integration fees.
Solution
Understand the total cost of ownership before making a purchase and plan for any additional costs. Be sure to factor in setup and integration fees, training and license fees if applicable, and long-term support.
Mistake 3: Choosing the Cheapest Solution
Many store owners are tempted to choose the cheapest ERP system available without considering the features and quality of the system.
Solution
Look for an ERP system that is affordably priced and offers quality features. Research the system and read customer reviews to ensure that it meets the needs of the business.
Mistake 4: Not Asking for Help
There are many resources available to assist store owners in selecting the right ERP system, but many do not take advantage of them.
Solution
Take advantage of any resources available such as customer service representatives and ERP consultants. Ask questions and get feedback from experienced ERP users.
Mistake 5: Not Testing the System Before Purchase
Many store owners make the mistake of not testing the ERP system before purchasing it and end up with an ERP that does not meet the needs of the business.
Solution
Take the time to test out the ERP system before making a purchase. Request a demo or a trial period from the vendor to ensure that the system is a good fit for the business.
Summarized Table of the Mistakes and Solutions
| Mistake | Solution |
|---|---|
| Not Doing Proper Research | Take the time to do the research and understand how the ERP system will integrate into the current business structure. |
| Not Understanding the Total Cost of Ownership | Understand the total cost of ownership before making a purchase and plan for any additional costs. |
| Choosing the Cheapest Solution | Look for ERP that is affordably priced and offers quality features. |
| Not Asking for Help | Take advantage of any resources available such as customer service representatives and ERP consultants. |
| Not Testing the System Before Purchase | Request a demo or a trial period from the vendor to ensure that the system is a good fit for the business. |
Conclusion
Selecting an ERP system is an important decision that needs to be made carefully. By taking the time to research the various ERP systems available, understanding the total cost of ownership, and seeking help from knowledgeable resources, a baby gear and equipment store can select the best ERP system for their business. Avoiding these five costly mistakes will ensure a successful ERP system selection.