ERP Assignment-1

Enterprise Resource
Planning
Assignment-2

By

Pratik Raj

BFT/17/548

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ERP Assignment-1

Acknowledgement

In the accomplishment of this document successfully, many people have best

owned upon me their blessings and the heart pledged support, this time I am
utilizing to thank all the people who have been concerned with the completion
of this document. Firstly, I would like to pay my sincere thanks to our subject
faculty Ms. Kanu Priya for providing us with the opportunity and guidance to
complete this document. I would also like to convey my deepest gratitude to my
family and friends who also helped us to complete this document.

Pratik Raj

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Certificate

This is to certify that I, Pratik Raj student of Bachelors of Fashion Technology,

Semester VII from National Institute of Fashion Technology Patna has
completed this project under the able guidance of my subject faculty Ms. Kanu
Priya. It is authentic work and has not been copied from anywhere.

(_________________) Ms. Kanu Priya

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ERP in Fashion Business

ERP or Enterprise Resource Planning has been in Apparel and Textile industry
for quite a long time. The need of ERP came when industry required smarter
way of working and reducing data redundancy.

The key success of ERP implementation in Textile and Apparel Industry is full
involvement of Business Process Owners and a Core Team from client side
which is having deep knowledge of their business process. To ramp up the
implementation process the core team must have on time implementation as one
of their KRAs.

An apparel ERP system gives a real-time view of business processes every step

of the way, from design to delivery. All parts of the process are coordinated
because the system consolidates applications into a single platform, from design
through sales, purchasing and warehouse management.

With an ERP system, you can wave goodbye to spreadsheet-based planning. An

ERP eliminates the need for email, spreadsheets and hardcopies and replaces
manual processes. Purchasing management from entry to billing allows buyers
to make decisions based on inventory level requirements and customer demand.

Automation prevents human errors in record-keeping, in addition to avoiding

delays and wasted labour. By reducing manual processes for shipping, the ERP
system reduces the risk of shipping errors that would disappoint customers.
Improved accuracy ensures customers receive the correct products on time,
increasing customer satisfaction.

An integrated accounting system presents flexible payment options and allows

for automatic generation of invoices, reducing the possibility of invoice errors
and providing automatic invoice delivery.

In retail, customer satisfaction is key. An ERP system that improves the

consumer experience can enhance customer satisfaction and keep your
customers coming back.

Integrated ERP systems provide a personalized customer experience by working

in concert with customer resource management. If sales associates can review
stock balances and real-time inventory availability, they can advise customers
more effectively. When items are out of stock, the sales associate can suggest
substitute items and prevent the disappointment of a customer waiting for
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delivery of an article that isn’t available. Real-time information also allows the
salesperson to give the customer expected receipt dates.

Order processing and returns management ensure transparency throughout the

entire order lifecycle, from quotes and orders through fulfilment and invoicing
procedures. At any time, a customer can access real-time information on the
status of their order. If a customer is dissatisfied with an order, the ERP system
helps your business regain their trust and satisfaction through return
management, which accelerates replacement orders and tracks returns.

By taking advantage of mobility, self-service enables customers to manage and

review their accounts. Self-service empowers the customer and therefore
increases the level of customer loyalty and engagement.

The retail industry can take advantage of the big data trend by applying data
analytics to the information gathered and managed by your ERP system to
understand and predict customer behaviour. The insights you gain through data
analytics will simplify business processes, and it will give you a fuller
understanding of customer needs so you can further enhance the customer
experience. Improved customer experience helps retain current customers and
win new ones over. Many ERPs will provide you with easy-to-read reports and
graphics to give you enhanced insight into your processes and assist in
planning.

Other benefits provided by ERPs include:

 Increased effiency and a shorter order-to-shipment cycle due to enhanced

access to real-time information
 Improved inventory management
 Reduced costs due to enhanced planning efficiency
 Improved labour tracking
 Fewer overhead expenses
 Improved accounting control through the integration of financial
management systems
 Ability to manage processes across multiple devices and locations

ERP application software in garments merchandising

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All kind of processing information are stored in ERP and we can know it short
time from ERP. Such as in Merchandising - creating order sheet, costing,
sample tracking, material booking and reserve, follow up design and Emb
making, follow up bulk production, packing instruction and shipment, all kind
of working process can be done in ERP.

According to work process ERP system in merchandising is divided into some

system. These are

 Order Management System- Order management system is the most

important part in ERP. New bulk order sheet created in this part. All
types of information about an order input here. Such as order quantity,
order style pictures, fabric colors, threads, ship-mode, elements, order
items description, accessory description, customer details, parts mold,
packing description and other information are input here to make a
complete order sheet. After making order sheet is checked very carefully
because of production floor flow this order sheet. If any mistake
information input in order sheet then in production floor will make
mistake which is great hamper for production process.
Booking of Material (BOM) is input in this part for reserve material,
fabric, accessories and necessary thing of an order. After making order
sheet BOM is done according to the parts which are used in order sheet.
If any wrong consumption input in BOM also, there are great problem
happen during the production. It causes waste of time in production
process and great loss for factory. So, in this part input information are
check very carefully.

 Embroidery Management System- There are different types of design and

logo in sample but these designs and logos were picture format and these
picture format need to convert into DST and EMB format for sewing on
fabric. If there are so many designs and logos then its need to follow up
so that works finished required time. By this ERP system we can easily
follow the work and complete work in required time.

 Sample Management System- After finishing sample order sheet then

order sheet passed sample section for sample development. Sample order
is sheet similar to bulk order sheet. All types of fabric parts, materials,
accessories and other information are input in sample order sheet. In

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ERP, from sample management system we can know sample making

status such as which date sample submit, which date sample send for
cutting, when sample finish. If any problem in sample making, we also
know about this problem from ERP.

 Inventory Management System- All types of fabric, thread, material for

making sample and bulk production information are input here. We can
easily find required fabric, thread, materials which are available or not
available in factory. It saves time.

 Purchase Management System- Sometimes there are many kinds of

accessories, label and fabric which are not available in factory, it’s need
to buy from another source and we can make purchase materials order in
ERP easily. Also, we can know purchasing orders, quantities, materials
description and many information about purchasing from ERP in short
time.

 Production Planning System- After approved sample order then it’s ready
for bulk production. Before bulk production of an order make sure all
material, accessories and fabric are available for production in factory
and we can easily find that all material, accessories and fabric status of an
order from ERP in very short time. Also, we can know running
production status of orders in floor individually in this system.

 Shipping Management System- It is the finishing process of an order in

ERP. There are different types of polybags, hangtags, stickers, bar-code
stickers, cartons required after finishing bulk products of an order. If any
parts are missing of an order then it causes delay of shipment. But in ERP
we can easily input information partly such as packing instruction, carton
instruction, shipment date etc. We can also input price information of an
order in ERP and any time we can easily find about order price, packing
and shipment process information. We can also track shipping invoice in
ERP.

Implementing ERP IN Fashion Industry

Selecting an ERP software vendor is one of the most important decisions to

make for an apparel business. Taking the time to select the ideal system for

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business will make for a clean, swift implementation. After all, people want a
system that will impact their business positively by contributing to greater speed
and productivity.

If the implementation is within the apparel, fashion, footwear, or accessories

industry, the vendor selected should cater specifically to this market. This
recommendation is paramount for a number of reasons:

 The company will avoid the pitfalls of too much software customization
that may result in error, and will ultimately be more costly.

 When composing a request For Information (RFI), the vendor should be

able to answer hundreds of questions with the type of business in mind.
An apparel manufacturer will need different ERP databases than a fashion
retailer, for example.

 The ability to obtain references from peer companies within the retail and
apparel space will inspire confidence and ensure a harmonious fit
between fashion business and an apparel-specific software vendor’s core
competencies.

Predictably, the ideal implementation partner is vendor. The ERP vendor’s in-
house implementation and training team will already be experts on the
software’s intricacies. Alternatively, people may opt for an extraneous ERP
consultation team. However, beware of the following:

 An outside implementation team may not be experienced with the new

ERP system and may need additional time to familiarize themselves with
it, extending training time. This is doubly true if the outside
implementation team does not have a fashion and retail background.

 The cost of ERP implementation and allocated hours can be arranged

between company and their ERP vendor. Contracting an external
implementation team may add more costs to company.

 Company would need to expend time and effort into finding an external
ERP implementation partner. This time can be saved by continuing their
partnership with your ERP vendor. Moreover, after establishing a
professional relationship between company’s personnel and ERP vendor,
comapny would have to start anew with an outside ERP implementation
team.
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During the process of implementing an ERP system, a company will have to

undergo changes in its culture that will have to be managed by its leaders.
Identify who in the company will be affected by the changes from the new ERP
system, and guide them to embrace this change. Consider these steps when
developing change management strategy:

 Communicating to the group about the upcoming changes, making sure to

explain the benefits the new ERP system will bring to the company, and
most importantly, their daily work.

 Giving clear instructions about everyone’s roles within the new direction that
the company is taking. Speaking with members of the team about their
concerns to help alleviate them and to prevent them from rejecting change
down the road.

 Providing the team with frequent updates to foster feelings of progress and
triumph, and reinforce their merit and work to fortify ERP in the company’s
culture.

Before an ERP system goes live, first comes the daunting task of data cleansing.
Company will likely find that master data is distributed across multiple systems.
Correctly forecasting company’s needs and bringing only pertinent, cleaning
data from legacy system guarantees a more successful transition to the ERP
system, speeds up conversion time and minimizes setbacks after the go-live
date. A few tactics to facilitate the data cleansing process include:

 Making appropriate determinations. Deciding exactly how data should be

entered and subsequently consolidate spelling, abbreviations, addresses,
etc.

 Trimming accumulated fat. Determining how long products should be

kept on record. It helps to remove items that are no longer manufactured.

 Eliminating inactive client accounts. Records of companies that have

folded or have not been patrons for years do not have to be introduced to
the new ERP system.

Change management is made all the more effective if the right team to take on
an ERP implementation is assembled. Forming a competent, well-rounded
group can make the ERP testing process seamless since they can envision
meaningful scenarios and anticipate obstacles. The team should be able to
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strategically plan changes to the company while preparing for its future growth.
The following constitutes who their ideal team is and the qualities to look for
when putting it together:

 The in-house ERP implementation team will typically comprise an

executive member of senior management who will lead the project; a
project manager that will develop the project and maintain timelines and
budget; an IT manager responsible for coordinating the processes
between the company and the ERP vendor; and the user team who fulfill
all other domains such as sales, finance, manufacturing, etc.

 Select people based on their expertise, and not their job titles. Seeking
those who can determine which parts of the business model can shift and
which ones must remain unaltered. Choosing people who can ideally
integrate everyone’s best ideas into their plan.

 Surveying the team members’ quality of input. Choosing members that

prioritize solutions that help the organization as a whole. They should be
open to hearing competing notions then bringing them together to a point
of convergence.

ERP systems are complex, yet adaptable. Because of this versatility, a series of
tests need to be repeated in order to effectuate the system perfectly. Be sure to:

 Choosing and import both static and dynamic data during each test cycle.
This ensures that not only permanent information like vendors and
inventory items migrate adequately, but to also evaluate if changing
information such as accounts payable and inventory is functioning during
simulations too.
 Being prepared for many adjustments to be made after the initial test;
then running the test again. Tests become more sophisticated with every
round, and the in-house ERP implementation teams need to design
scenarios and simulate running the business.
 Arranging to have well-developed master data by the final phase of
testing. During this phase, ERP integration tests will rehearse and execute
a go-live, consolidating inventory, sales and purchase orders, etc. The
goal at this point is for the ERP system to fully perform the lifecycle of
the business.

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Before the implemented ERP goes live, it is time for the user team to become
well-versed in the new system. End users need to be trained in their respective
department in order for them to effectively do their jobs. There are a few
considerations to take into account:

 Designating super users for each department. They will be the most
qualified to coach end users and will have the most impactful rapport
with them.

 Approaching training from multiple angles. While a classroom-like

method is an effective way to teach, aim to create video tutorials,
manuals, trying hands-on practice and other forms of instruction.

 Providing enough time for training. End users’ training will, more often
than not, take place during the final stages of ERP implementation; that
period will also probably be taxing and highly pressured. It is important,
however, that training is prioritized alongside the implementation
process, not to mention normal daily tasks.

Fashion ERP systems have been developed with best business practices for the
apparel industry in mind. Therefore, not all of your company’s former methods
can be carried over, especially when they are not in line with said best practices.
In order to know the ins and outs of the company and where it is headed, it is
important to be resolute about the best route for the organization. The following
are some of the metrics used to measure success:

 Measuring concrete numbers. Numbers are one of the easiest parameters

to measure; these include straightforward revenue increase and cost
savings, for example.

 Monitoring KPIs. Observing production times, delivery, and customer

satisfaction for tangible metrics to record. These are also excellent
indicators of how the ERP system is fulfilling the company’s goals.

 Qualify abstract benefits. Deliberate on and review intangible

consequences such as customer experience, public image and reputation,
and employee engagement.

Benefits of ERP in Fashion Industry

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ERP benefits fashion and apparel companies throughout all their key business
processes, from design to delivery.

1. Business planning
Business planning is the first and foremost step of any apparel brand in
the retail lifecycle. As of today, business plans tend to reside in large and
complex spreadsheets, which are hard to share and update effectively. A
centralized, software-based approach can improve utilization of resources
and generate more efficient operations to hit profit targets, and thus
getting the overall product’s lifecycle, beginning with the plan, off to a
strong start.
2. PLM and design
The development of a fashion collection can begin up to 12 months prior
to the “shop-floor delivery,” and from the initial designs only up to 30%
of the sketches created by designers come to life and get delivered to the
shop.
An integrated ERP can provide teams with one version of the truth, where
designers have visibility to plans and price points, and at the same time,
planners can see collections as they develop. This provides an excellent
opportunity for teams to make course corrections and have a
comprehensive view of information across fashion seasons.

3. Inventory management
To meet the demand in today’s omnichannel market, brand owners and
fashion retailers (as well as those working in the wholesale industry) need
an accurate view of their inventory position in order to optimize stock
levels across all channels. Manually tracking items and collections across
online and offline channels can cause errors and miscalculations that can
eventually lead to profit loss.
However, integrated ERP systems improve accuracy and transparency,
allowing businesses to keep tabs on stock levels across all channels and
act swiftly on overstock situations.

4. Retail operations
In the final leg of the product cycle of fashion brands, we see how the
centralized nature of ERP systems is also vital for managing retail
operations. Retail operations involve key activities such as end-of-season
planning, logistics, and markdown modeling. In order to meet customer’s

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demands and master true omnichannel apparel retailing, team members

need access to a single version of the truth and clear guidance on
operations such as price adjustment and moving merchandise from one
store to another.

Most used ERP systems in Fashion Industry

Ysoft

Apparel Industry Extensions (AIE) is an apparel system/solution built upon

open-source technologies, primarily Compiere ERP system and customer
relationship management (CRM) software. Compiere is the number one open-
source ERP system software application and features a comprehensive solution
covering customer management and supply chain to accounting for small- to
medium-sized enterprises in distribution and service industries. However, to
reach wider audiences, Compiere is destined to be a generic ERP system
application and, hence, may fall short of features/functions that are important to
certain industries, for example, the apparel industry.

To address the specific needs of trading and sourcing business operations in the
apparel industry, Compiere has been heavily customized and enhanced. AIE
aims at helping those companies to manage their businesses more effectively
with a robust, flexible, and economical system. Among the enhancements is the
ability to handle products by style/color/size throughout the sales cycle.

The main features of Ysoft are listed below:

User-definable color and size codes:

 This allows setting up unlimited number of colors and sizes for each
style.

Garments data entry in grid window:

 Style/color/size can be entered to the system in a grid window; this

feature is available in both sales order and purchase order.

Assortment number:

 Assortment number is used to group garments by the destinations within

a customer’s organization such that customers are not required to

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repackage their garments before dispatching them to their final

destinations within their organizations; assortment number is instrumental
to distribution order.

Assortment Details Report:

 A nice looking Assortment Details Report is printed in style-grid format

showing the quantities ordered for each combination of color and size;
this report is intended to supplement the sales order printout, which
contains quantity ordered per style without the detailed breakdown of
colors and sizes.

Packing instructions:

 Packing instructions, if available, can be entered in sales order (or

purchase order) and even printed as part of the sales orders; packing
instructions are used to indicate how garments should be packed for
delivery, and if entered in sales order, are automatically copied to
shipment and purchase orders to save duplicate data entry.

Merge garments of multi-style/color/size into a carton box:

 This gives the highest flexibility in merging garments of different styles,

colors, and sizes into a carton box; overflowing a carton box with more
garments is permissible, and if remerging is necessary, it can be easily
done with a click of a button.

Packing instructions printout:

 An intuitive printout of packing instructions is developed to make the

viewing of quantities of garments packed in different carton boxes easier;
the printout is designed to cater to multistyle, color, and size.

Copy packing instructions from sales order to purchase order:

 To save redundant data entry for packing instructions throughout the sales
cycle, packing instructions that are entered in sales order are carried over
to shipment and purchase order automatically.

Generate apparel products using style/color/size combination:

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 To make the creation of garment products easier and faster, a product

generation window is provided for generating garment products using the
specified style/color/size combination.

Order status tracking and email notification:

 Sales orders and purchase orders can be tracked for progress. The system
allows defining milestone templates for different type of orders. Each
milestone carries an expected completion date, among others. If today’s
date is greater than the expected completion date of a milestone, the
system will highlight the milestone to draw your attention when you are
viewing the order status of the sales order. In addition, when you are
away from the system, you can still get an email notification sent out by
the alert. An order status information window presenting the status of all
orders in tree structure by order and by style is provided for easy enquiry.

Exceptions alerts:

 The system sends alerts by email for situations that you might like to act
upon. The alert is user-definable, and hence, it can be used to alert
basically anything.

Product catalog by style with style image:

 A product catalog is specially designed to show/print some key

information about a style along with its image/picture; information to be
shown/printed is user-definable.

Product BOM definition report and copy:

 It is a printout of all the BOM details of a product; this report is useful

when customers are making a serious enquiry about a particular product.

BOM drop of sales orders into production order:

 To facilitate the update of inventory of raw materials consumed by

garment products in a sales order after shipment, a new feature similar to
BOM drop was developed to make the copy of sales orders into
production orders easier.

Generate consolidated material requirements plan for multiple orders:

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 This is one of the most important and powerful features of the system; it
will explore the BOM definitions of the garments and compute and
consolidate all raw materials that are required to manufacture all the
garments in the order selected.

Other features include 3-month calendaring, auto-update year-end retained

earnings brought forward, and auto-alert on prepayments and outstanding
invoices.

Sync:

Sync is a fully integrated ERP system software designed specifically for the
apparel industry. This business management system manages the entire job of
costing as well as the project management process, and it includes seven
comprehensive erp modules.

Costing:

 Costing software that allows calculating costs with accuracy

Purchasing:

 Software to control the creation and processing of purchase orders

Stock control software:

 Inventory control software to ensure effective control of stock levels

Mobile sales:

 This apparel software module allows the creation of sales orders from
remote locations

Task management:

 Task management software makes it easy to keep track of tasks across

multiple projects and allows job tracking

Financial integration:

 Seamless integration into financial software (Pastel Partner, Pastel

Evolution, Quick- Books, AccPac, and Microsoft Dynamics GP)

Reports:

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 Effective business management system generates critical reports at the

click of a button

VisualGEMS:

VisualGEMS has been designed with the flexible working of the garment
industry in mind. The functional breakup of the software has been organized to
match with the distribution of garment organization into various departments.
The facility of online referencing of master data and even related transaction
data keeps the users free from the pressure of remembering codes. The
integrated design of VisualGEMS allows one to establish and enhance
interdepartment communication within the organization, which otherwise may
become a major productivity bottleneck. Compatibility of information/data
sharing needs between the various departments is built into the software and
is the major pay-off of the integrated environment.

In spite of being a standard software package, VisualGEMS can be tailored to

suit your specific requirements by using powerful template technology. User-
definable templates of voucher and shipment documents can be flexibly used
to meet the specific needs of the industry’s document formats. VisualGEMS
has been designed to meet the industry’s present needs and to be flexible
enough to accommodate new requirements.

The main features of VisualGEMS are listed below:

 Supports multicompany working

 Supports multiuser working with extensive control of user access

permissions

 Supports multicurrency export sales

 Supports progressive implementation by a setup-based workflow

 Provides online master creation

 No codes to remember for items, parties, and accounts data

 Supports storage and printing of pictures/sketch of garment style

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 Provides user with powerful decision-making tools like purchase control

center for generation of purchase orders starting from a table of
unfulfilled raw material requirements

 Maintains stocks at your stores as well as factories, processors, and job

working units

 Allocates material to orders with goods received notes entry depending

on EO delivery date, first come first serve, or weighted average basis

 Allows issue of raw material for an order from unallocated stock or from
other orders

 Supports user-configurable reports

 Reports can be exported to MS Word, MS Excel, and text formats

 Extensive drill down from almost all reports up to voucher level for quick
audit of data

 Supports multicurrency vouchers

 Financial accounting module supports creation of user-defined account

books, which are very useful for multiple banks, cash, purchase, and sale
for clear bifurcation of data and separate voucher numbering

 Covers extra needs of sales tax, TDS, and some special audit reports

 Purchase bills can be entered with item details

 Unique credit/expense registers for entering creditor’s bills without item

details

 Special multicolumn reports for cash/purchase/sales

 Consolidated outstanding report for getting picture of parties having

sister concern

 Allows maintaining receivables/payables on bill-by-bill basis

 Add-ons for exporters for exhaustive tracking of pre-

shipment/postshipment credits

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 Transparent and easy migrations to new year with automatic data carry
forward

VisualGEMS offers the following standard modules that can be configured to

work in an integrated fashion:

 Export order management

 Purchase order management

 Import management

 Inventory management

 Production management

 Quota management

 Shipment management

 Financial accounting

ATOM

ATOM is a suite of application software designed for the textile industry. If you
are a manufacturer of apparel, silk products, home furnishing, made-ups, or just
fabric, then ATOM allows you to save costs, eliminate errors, and stay ahead of
your competition.

Here are the key features of ATOM:

 ERP system designed exclusively for the textile industry

 Multicompany, multilanguage features

 Manage entire process chain, from knitting/weaving, cutting, and sewing

in a single system

 Project and monitor sourcing and production

 Track raw materials availability automatically

 Monitor production orders in real time

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 Visual dashboards for easy information access

 Reliable technology platform that supports a high volume of transactions

 Modular functions for need-based implementation

Key benefits:

 Increase operational efficiencies; maximize cash flow and ROI

 Reduce order-cycle times

 Always maintain inventories at proper levels

 Reduce wastage of fabric and accessories

 Accounting of chemicals and dyestuff in process house

 Make quick business decisions using real-time information

 Automate routine processes

 Manage in-house and job work production

 React to changing business needs swiftly

 Built by experts in fashion business

 Low cost of ownership

e-Smartx:

e-Smartx is a state-of-the-art, modern, cost-effective, and proven enterprise

platform solution that meets the need of the apparel manufacturing industry.
The effective support from installation to usage is the key success for both the
user and the developer.

e-Smartx streamlines the total process cycle in the apparel manufacturing. Its
workflow system provides superior business management capability for faster
response to the customer demands. Internet-enabled, real-time MIS gives
manufactures the capability to monitor the whole process from product
development to exports across the globe. It integrates all the departments across
multifactory locations, such as these:
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 Merchandising

 Planning

 Purchase

 Production

 Inventory management

 Exports

 Finance

 Payroll

Advantages and benefits:

 Effective monitoring of overall operations of the company

 Single database across the globe

 Highly robust and real-time MIS

 Flexible and parameterized

 Greater efficiency and performance

 Continued support and constant technology migration

 Help reduce operation costs

 Supports strategic planning

 Internet access

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Conclusion/Summary
A successful fashion business is a wonderful thing—provided it’s in the right
position to scale.

It’s certainly a “good problem to have.” But companies that are ready to make
the leap out from small potatoes are confronted with all manner of issues that
need addressing: inventory management, retail relationships, speed to market.
While some of these challenges aren’t new, they take on exponentially more
effort—and significance—as businesses mature.

Although there’s no perfect one-size-fits-all solution for any business, choosing

the right ERP system is particularly important for fashion businesses that are
trying to scale.

In the apparel industry, having the best-suited ERP provides the greatest amount
of visibility into your operations. It’s the only way to recognize your true
inventory levels and fully manage your operations.

Companies that don’t have visibility don’t have control, leading to issues that
cause their customers headaches. Some examples are late shipments because of
no visibility of inventory and production, incorrect shipments because of
manual data entry mistakes, and missing orders.

Being lean and mean is often what helps a business get off the ground, and
many companies begin with their founders quite literally doing everything
themselves. At some point, however, a firm that wants to scale requires a level
of efficiency that enables them to have a seat at the same table as their
competition.

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It’s a common problem in the fashion world. Execs at start-ups think they can
do things manually and then wonder why their company is not growing. What
they don’t realize is the efficiencies created by a modern cloud ERP are the
reasons that start-ups are able to be quick, nimble and cost-efficient against
large corporations.

First things first: Choosing a modern system that’s adaptable to shifting industry
trends as they crop up is the most important thing. Manual processes simply
aren’t scalable, forcing costs upward as you take on more customers.

In order to know what’s right for your company, all businesses should chart out
their workflow to see how closely a potential ERP will align. When ERP
vendors are working with a potential customer, one of the first things it does is
analyze its business model—even before it shows a demo. It’s not a step that
can be skipped, and it’s better to get it right the first time.

There’s a time investment to go from having manual systems to a modern cloud

ERP that sets the company up for scale and growth. This time investment
becomes more difficult once the business is larger. The earlier that is done, the
better chance there is for growth and survival.

Given that inventory within the fashion industry often contains a vast range of
colors and sizes, it can be particularly advantageous to choose an ERP that’s
industry-specific. Data entry in generic ERP systems can be slower, and many
reports can’t be sorted by colors or sizes.

Furthermore, the fashion industry differs in production, product storage,

fulfillment, working with retailers and even sales rep commissions. Having the
right ERP can help account for all of these variances, eliminating the need to
supplement your systems with additional software. Businesses that intend to
work with large apparel retailers also need to ensure their ERP system will be
interoperable.

Many people think if they pick an ERP that is widely advertised and part of a
large public company, they can’t go wrong. What they don’t understand is that
these systems are not apparel-specific and their return on investment
calculations work for only very large corporations in the hundreds of millions.

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References
https://www.researchgate.net/

https://www.smarterp.com/

https://www.syspro.com/

https://clothingindustry.blogspot.com/

https://sourcingjournal.com/

https://www.erpfocus.com/

https://www.cgsinc.com/

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