ERP-The Key to Transforming Real-time Analytics into Competitive Advantage
By Martin Singaram, Head-IT, Valuepro International
Today’s organizations have the zeal to analyze the data which are captured through ERP and set to get the keys to success. Entire strategy for the company’s forward path is decided by the relevant data analysis. Any presentation in the corporate now not only has pictures in PowerPoint but of the facts and figures derived out of the transactions happened in the system. None of the corporate wants any meeting that “can be, may be, could be” to check the failures and history. Now the real-time analytics provide what-needs-to-be-done actions-points proactively and not reactively. ERP—specifically, cloud-based ERP solutions—can play a critical role in helping decision-makers leverage this real-time data at every stage in the business. ERP is not a source of recording transactions but became a tool to take decisions on the transactions captured. The increased competition has forced companies to become more agile and find fresh revenue streams, all while reducing costs.
Cloud based ERP and Mobile Apps
Mobile applications are a part and parcel of any business now and the entire business of logistics is driven by the mobile application and maps integration with web application. Mobile technology allows managers and employees access critical data in real-time over a cell phone or tablet. The field people as and when travel to deliver the goods, the same has been tracked now and over phone real-time interactions happening between customer, employee, and real-time data being updated in system. A study from The Aberdeen Group found that companies who have already implemented some kind of mobile software into their operations realized a 44 percent increase in efficiency.
Wearable Devices in Ecom Warehouse
Google Glass is a natural forerunner. Glass technology could also serve as potential replacement for old, expensive bar code readers and scanners. This has been applied in the floors of warehouse of Ecommerce companies and pick in the floor is easy and now, the work pressure is being changed to work pleasure.