Why Cloud ERP is Non-Negotiable in FMCG Industries

1. Why Cloud ERP is Non-Negotiable in FMCG Industries? ================================================================================= FMCG industries have shown a tremendous trajectory in the rural sector of India, thus observing an impressive 9 percent year-on-year growth in 2022–23. All the growth figures suggest one thing: the future of fast-moving consumer goods is going to be fierce. To mitigate competition and maximize profits, companies have been adopting cloud ERP software for FMCG to plan inventory wisely, manage the supply chain, and ultimately enhance profits. Here are four non-negotiable reasons why FMCG needs to have ERP software. To Optimize Inventory Management The leading FMCG companies rely on robust inventory management systems. In an industry operating with narrow profit margins, intelligent inventory planning is crucial for success. Streamlined inventory management revolves around meeting customer demands without excessive warehouse storage, reducing associated costs. It involves tracking expiry dates across multiple batches for each product. Therefore, accurate inventory management has become a necessity, and ERP software for the FMCG industry excels at eliminating redundant expenses related to surplus inventory. To Improve the Efficiency of Supply Chain Management From being on a manufacturing company’s rack to a shopping center’s aisle, supply chain management is an under-discussed aspect. The integration of ERP becomes valuable for efficient procurement and demand management, cutting costs. Every saved cost reflects a marginal increase 1

2. in profit. Plus, a cloud-based ERP system helps you identify even minor inefficiencies, providing better visibility to look out for details that make future transactions error-free. To Streamline Warehouse Management ERP for the FMCG industry can efficiently handle warehouse-related tasks with accurate predictions and zero manual errors. For example, a barcode system picks up the correct warehouse items and orders. During packaging, ERP-enabled label generation automatically generates all the necessary information. In the shipping process as well, ERP effortlessly streamlines the processes. To Increase Sales and Stay Profitable In FMCG, dealing in larger volumes is key to achieving substantial profits. Therefore, by implementing ERP systems from the best cloud-based ERP solutions in Ahmedabad, you save costs in every department, be it flawless inventory management, efficient warehouse management, or supply chain management. As the number of units increases, the saved costs should also increase, reflecting in profits as sales rise due to the enhanced capacity to handle more FMCG products. Wrapping Up Nowadays, cloud-based ERP has become a requisite for earning a profit in the FMCG sector. To stay competitive, relevant, and still very much in the fierce race with slimming margins, ERP investment is no longer a luxury but a necessity. Therefore, invest in ZIPERP’s ERP software, tailor-made for the FMCG industry, to ensure streamlined operations and sustainable profitability in this dynamic market landscape. Source URL: https://ziperp.weebly.com/home/5-stellar-advantages-of-custom-erp-software-for-the- packaging-industry 2