5 ways an ERP could save you money

ERP solutions for businesses can improve efficiency, reduce overall operational costs, and encourage significant cost-savings. Check out how our ERP system Zedonk can help you achieve this.

 

Improved efficiency and reduced operational costs 

 

A study found that ERP solutions can reduce overall operational costs by 23% and administrative costs by 22%. The primary purpose of an ERP is to integrate your core business processes and make things run smoother.

 

The team at Lulu Guinness thank the efficiency of Zedonk when it comes to producing their collections. Product creation is built within Zedonk. All product information, costings, wholesale and retail are housed within one system.” This streamlines all of your processes and enhances communication between everyone involved in the supply chain. 

 

Simplified ways to communicate and collaborate

 

After implementing an ERP, you’ll find it’s much easier to communicate and keep each department up to date with the stages of your production and distribution. Everyone within your organisation can access key information in real-time, improving the way that data is exchanged, allowing yourself more time to focus on other aspects of your brand. ERPs are fundamental in reducing errors or lapses in concentration.

 

 

Decreased processing times

 

Your chosen ERP needs to integrate and automate your core business processes, it can eliminate duplication and save time. An efficient, well-designed ERP is a great way of reducing the time that your team spends when it comes to processing orders and tracking inventory, freeing up time that can be better spent elsewhere within the business. 

 

Better supply chain management 

 

Every fashion brand’s supply chain is complex, with multiple people and companies involved from the ground up. When it comes to ordering, and reviewing your supplies, having an ERP like Zedonk enables you to align and have a clear overview of your inventory. This ensures that you have the stock that you need, as and when you need it, to fulfill your orders. 

 

 

Ready to take advantage of the cost-saving benefits of an ERP? 

 

At Zedonk, we help 1000+ fashion businesses across 45 countries streamline their internal processes. Book a free demo today to learn more about Zedonk and how your fashion business can benefit from an efficient ERP today.