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You’ve turned up the dial on getting more out of less.

Faced with inflation, competition and low margins, you’re optimizing your food and beverage (F&B) business from top to bottom.

Naturally, you’ve looked for technology to support your efforts. From research, you know that the right ERP system can take your optimization quest to a whole new level.

You know that ERPs can streamline or automate processes and give you real-time visibility into your operations so you can make data-driven decisions faster. 

You may not know, though, about these 10 tips on getting more out of your ERP system. We hope you’ll find them helpful! 

Your growing business has a lot of moving parts — and that’s worrisome. Your grip on the business feels less sure. 

So you’re looking for a solution to stay on top of all this movement, especially in your warehouse operations, the foundation of your distribution or wholesale business. 

Perhaps you’re unclear about the differences between a Warehouse Management System (WMS) and an Enterprise Resource Planning (ERP) system. In your mind, they may be interchangeable. After all, they do share some of the same functions.

In this article, we’ll explain what WMS and ERP systems do, highlight their differences, and guide you through the questions that will help you evaluate which solution would be right for you.

Governments want to help your business start its digital transformation.

“Really?!?” you might think.

Or even: “Who has the time or expertise to deal with the government? They work in mysterious ways.”

They don’t. Or at least, some experts can help.

The Canadian and Quebec governments are actually very receptive to growing companies looking to improve their productivity through investments in technology and business processes. Enterprise Resource Planning (ERP) software is a perfect fit for some of these government grants.

It was like switching from clay tablets to papyrus. 

The invention of Electronic Data Interchange (EDI) in the 1970s enabled businesses to take document exchange to a revolutionary level of speed, accuracy, and transparency. 

As the term EDI indicates, this exchange happens electronically between one computer and another. Through this technology, a wide range of documents that used to be exchanged physically, such as sales orders, invoices, shipping status statements, and payments, can be transmitted electronically, without human intervention to input or interpret the data.

CFOs everywhere are sitting in the hot seat.

Companies face price inflation that hasn’t been seen in four decades. Supply chains, still staggering from the pandemic, have been disrupted again by the Russia-Ukraine war. 

Meanwhile, on Main Street, business shutdowns and openings due to COVID-19 have provoked tidal shifts in customer demand. Amid this turmoil, the labour force is experiencing a reset of expectations about work. As a result, the cost of hiring and keeping the best talent has gone up. 

Running a business requires a lot of supervision. This is particularly true when you work with time-sensitive products such as food items, beverages, or pharmaceuticals. As with anything that humans ingest, you must be mindful of freshness and expiration dates, amongst many other factors. Batch management has been around for many years but, as production increases, so does the potential for human error. Using an ERP software for lot management maximizes your business’ control over day-to-day operations while allowing you to plan ahead efficiently.