CHALLENGES are Real
but the OPPORTUNITIES are Endless
In Today’s scenario,
managing day to day activity is the biggest challenge for Small & Medium
Enterprises.
There are
wide variety of automation tools & techniques designed and devised to help SMEs
and their employees produce their product better and more efficiently. But,
none of them will ever yield their full potential unless they are coupled with
effective forecasting, planning, and scheduling processes.
Major Challenges
faced by SMEs:
1.
Unorganized
Finance
· Global financial crisis have caused financial institutions to be more cautious and credit processing has become so complex, that very often SMEs find it difficult to both understand the procedures and decisions when it comes to loan processing.
· Lack of Planning: One of the gravest shortcomings of smaller businesses is the inability to plan for the longer term. Business owners tend to get so involved with daily operations, troubleshooting and trying to complete orders that they fail to step back and look at the bigger picture.
· Wrong estimation of funds required: Most business owners feels anxious about over estimating their loan requirements and having to pay interest in excess funds. This makes them lean towards underestimating their costs. When the loan disbursed, these business are left wanting for more.
2.
Unorganized
Human Resource -
· Severity of the brain drain, especially among professionals and skilled workers.
· Registering Maintaining employee information is difficult such as employment contracts, confidential information, qualifications and employee contacts.
· Difficult to maintain the record of employee absence and view absence statistics by various filters.
· Severity of the brain drain, especially among professionals and skilled workers.
· Registering Maintaining employee information is difficult such as employment contracts, confidential information, qualifications and employee contacts.
· Difficult to maintain the record of employee absence and view absence statistics by various filters.
3.
Sales &
Marketing Analysis -
· Increase in competition.
· Rising cost of goods.
· The increase in uncertainty in the market. Businesses have to reduce costs and improve productivity in the midst of adapting to changing market conditions.
· Increase in competition.
· Rising cost of goods.
· The increase in uncertainty in the market. Businesses have to reduce costs and improve productivity in the midst of adapting to changing market conditions.
4.
Service
Management -
· Providing ongoing service to customers is an important part of any business and one that can be source of customer satisfaction and loyalty, in addition to revenue.
· Difficult to schedule service costs and set up service orders.
· Unassigned service personnel based on skill and availability.
· Providing ongoing service to customers is an important part of any business and one that can be source of customer satisfaction and loyalty, in addition to revenue.
· Difficult to schedule service costs and set up service orders.
· Unassigned service personnel based on skill and availability.
5.
Warehousing
Management -
· Difficult to manage the items on a bin level.
· Unable to fetch the reports optimizing the space usage and the picking process.
· Difficult to handle the cycle counting of orders and processes.
· Difficult to manage the items on a bin level.
· Unable to fetch the reports optimizing the space usage and the picking process.
· Difficult to handle the cycle counting of orders and processes.
ERP – Answer to Your Complications
Some of the most common functions include Product & Purchase Planning,
Manufacturing and Delivery Planning, Inventory Management, Shipping, Payment,
Supply Chain Management and Customer Relationship Management (CRM).
With ERP software, data and information are developed and automatically stored in one location.
What is Enterprise Resource Planning
(ERP) Software?
Enterprise Resource Planning (ERP) is an information system that manages, through integration, all aspects of a Business Including Production, Planning, Purchasing, Manufacturing and Sales, Distribution, Accounting and Customer Services.
Small business like the software for its ability to integrate
customer order information. This allows departments to, at a glance, get an
overview of the status of pending orders and take necessary steps to ensure
timely delivery to customers.
Standardization of a business manufacturing processes can
significantly reduce time delays.
Microsoft Dynamics NAV -
MEETS YOUR MOST SPECIFIC NEEDS
The rich functionality provides endless possibilities for
enhancements of performance.
To streamline your departments and increase efficiency & productivity of your departments get Microsoft Dynamics NAV today.
SAN Dynamics is authorized partner of Microsoft & provides
services to its customers through varied platforms across the Globe.
Comprising of skilled and dynamic professionals, SAN Dynamics have helped customers reach their ERP requirements using Microsoft Technologies. Team consisting of one of the finest developers available in the market having collective experience of more than 100 implementations in the domains like manufacturing, retail, logistics, service etc. SAN Dynamics have presence in US, Australia and India.
We help companies to buy New Licenses, Upgrade their exiting software’s and also help companies in collaborating the software with their existing processes. For all your software needs please contact us today at:
Email - info@sandynamics.com
Call us - (AU) - +61 478
816 350 /
(US): +1 (619) 634-3826 / (IN): +91 920 534 2400.
