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9 Costly Mistakes Made by Snack & Confectionery Store Owners When Selecting an ERP – and How to Avoid Them
Are you a snack or confectionery store owner in need of an ERP? Selecting the right ERP system is highly essential to make sure you drive business growth and get the best return on investment. Here are 9 of the biggest mistakes you should avoid to get the results that you are looking for.
What is an ERP?
An enterprise resource planning system (ERP) is an information platform used to integrate, manage, track and store the data associated with core business processes. An ERP system includes operational processes, financial information, and all data related to HR activities including administrative tasks, staff development and performance evaluation.
Measurement of Successful ERP Selection
To determine whether your ERP selection has been successful, you should consider the following factors:
- Does the ERP system provide useful, real-time information?
- Does it allow for quick and efficient data entry?
- Does the ERP system handle all administrative tasks without any manual intervention?
- Does it provide reliable customer service?
- Does it offer an effective platform to track orders and inventory?
- Can it be easily integrated with third-party applications, i.e. QuickBooks, etc.?
- Is the system secure and compliant to industry standards?
5 Common Mistakes and solutions in ERP Selection
Selecting an ERP system without proper research can be very costly. Here are five common mistakes that snack and confectionery store owners make when selecting an ERP system and solutions to help you avoid them.
- Not Doing the Research – It’s important to conduct thorough research on different ERP systems before making a selection. Be sure to compare features, prices, customer service and technical support options before you decide.
- Ignoring Scalability – Select an ERP system that can be easily scaled as your business grows, so you don’t have to switch to another system down the line.
- Paying for Unnecessary Features – Make sure you @ensure that you are not paying for features that you won’t use, or features you can get for less money elsewhere.
- Being Impulsive – Don’t invest in an ERP system without first consulting with your team members to ensure that everyone is on board with the decision.
- Not Testing it Out – Always test the ERP system before investing in it. Most vendors provide trial versions for testing purposes, so take advantage of them.
Summarized Table of the Mistakes and Solutions
| Mistake | Solution |
|---|---|
| Not Doing the Research | Conduct thorough research on different ERP systems before making a selection |
| Ignoring Scalability | Select an ERP system that can be easily scaled as your business grows |
| Paying for Unnecessary Features | Make sure to not pay for features you won’t use or can get for less money |
| Being Impulsive | Consult with your team members to ensure that everyone is on board |
| Not Testing it Out | Take advantage of trial versions of ERP systems before investing |
Conclusion
Selecting an ERP system is essential for the success of modern snack and confectionery stores. To make sure that you make the most out of your selection, be sure to avoid the five mistakes outlined in this article. By conducting the necessary research, testing out ERP systems, and taking overall business goals into consideration, you’ll be sure to find the right ERP system that will drive your business forward.
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