According to Logisticsworld.com, more than 50 different companies deal in ERP systems that manage the operations of a business. These companies have their area of expertise in Distribution/Logistics - Import Export, which are relatively easier to manage  if an effective erp solution is implemented.

Key management areas simplified with ERP solutions

While most ERP systems are built around basic functions of management, the ERP supply chain is entirely different. Since it cannot be fragmented into modules and treated separately, it is essential that ERP solutions are developed around the workings of a supply chain. A well built ERP supply chain will take care of all the following factors:

1.Planning and forecasting: A supply chain is all about planning. This could be on account of production planning, plan of distributing produced goods and managing optimum supply across all nodes. It also aims at calculating the slump and slack time so that reorder time could be kept at the lowest. An ERP solution would also enable companies to plan according to the fluctuations in the business cycle by forecasting the variations.

2.Procurement: ERP distribution software will plan the procurement activities. It will always maintain the accounts of the inventory level. It will not let the level of inventory fall below a minimum reorder point. In certain ERP solutions, an order is automatically triggered in case certain predetermined levels of inventory are reached. The functionality of ERP distribution does not stop at procurement. It also maintains records for inventories issued.

3.Distribution: Distribution is a major function in most businesses. It means filling the supply chain with produced goods and services. It becomes a more vital function in case of overseas distribution/logistics - import export, as it stretches the supply chain over thousands of miles. An ERP supply chain will prevent any bottlenecks and ensure smooth flow of traffic even within aglobal network. 

4.Collections: Lastly, ERP solutions can complete the basic supply chain by collecting payments from creditors. This may seem to be a function of an accounting department, but in the long run, operations are consolidated in a supply chain where distributors, wholesalers and retails work on a credit basis.

Many other functions of the supply chain can also be managed via efficient erp distribution software that is tailor-made to meet the specific needs of an organization. They include areas such as feedback of channel partners and customer relationship management.