ERP is the abbreviation of Enterprise Resource Planning. It includes supply chain, enterprise business process, and information flow. ERP for Construction industry helps to achieve effective management of the entire supply chain.
The ERP system requires each person’s work potential and responsibility in the business process. The ERP for construction industry helps companies to improve the response speed of enterprises to market dynamics. To occupy more shares in the construction market, construction companies must improve their competitiveness. From the aspects of quality, cost, and construction period.
ERP helps to improve the efficiency of the enterprise. And to manage the power, equipment, capital, technology, information and other aspects. Therefore, minimize the cost and improve efficiency.
Why choose Odoo ERP
The Odoo ERP achieves enterprise management through combing logistics, capital flow, and information flow. The construction enterprise is a project-oriented management enterprise. Therefore, mainly depends upon the project. When project management is good, then the enterprise will be better. So, the established policy is to focus on project management and budget management. Along with financial and cost management as the main content.
The value chain of the project will be the main base of the system. With inventory management as the main content. As well as, other modules to manage the project’s people, finances, bureau, and materials, etc.
Advantages of the ERP for construction industry
- Complete coverage of industry support
ERP implementation covers all aspects of business operations and management. Therefore, providing thorough industry solutions and services.
- Operating platform multi-end application
ERP supports enterprises to implement multi-end (PC, mobile, tablet, and other devices). Completely enhance the business behavior of front-end customers. Managing the marketing data of the sales managers and teams. Increasing the business data collection efficiency of the marketing channels. Enhance the overall market competitiveness of the company. As a result, it quickly gains insight into market changes and enhancements. The market response speed increases.
- Flexible deployment on-demand configuration
Support the operation and management of all types of enterprises throughout the life cycle. This includes the single-unit (multi-factory) industrial chain cooperative operation. As well as, multi-channel industrial and commercial enterprises.
- Depth value creation
ERP fully satisfies your management demands at different stages of development, pursuing practical results and applying them quickly. Deep value creation through data-driven.
- Quick and effective overall improvement
Providing simple, applicable, fast-acting, low-cost implementation tools to improve overall performance. This tool can reduce the implementation cycle by 16% and the implementation cost is effectively controlled.
- Create value for the company
ERP also successfully integrates the enterprise e-commerce sales front and back-end management platform. This will improve online marketing. So, support enterprises to achieve production, supply, and sales synergy, and improve order fulfillment rate.
- Fully meet the needs of enterprises
Covers the full application of e-commerce, supply chain, manufacturing, finance, and human resource management. Helping companies to efficiently integrate internal and external resources.
- Helping the company succeed
Managing the enterprise to build and improve the overall system. According to the external market competition.
Construction ERP Modules:
- Inventory Management
- Sales Management
- Purchase Management
- Employee Directory
- Accounting and Finance
- TimesheetsTime Tracking
- Website Builder
Risk analysis of implementing ERP
1) Whether the information level of all management personnel meets the requirements
Through the system, managers have a certain level of informatization. But as a large-scale promotion and application of ERP systems, it is necessary to strengthen the training links. Hence, the personnel who apply ERP will first operate the computer.
2) Is the ERP design in line with the actual business?
The ERP system introduced at the end of 1990 has a low success rate. Mostly allowing the enterprise to fully use the software management model. To avoid the failure of ERP application, it is necessary to optimize the enterprise process. Firstly, take time to understand and then move for implementation.
3) Can the working method change as soon as possible?
The change in working style may be the biggest risk to ensure the success of ERP. The traditional management method is sometimes simple and effective. But ERP for construction industry remains more efficient for the business in the long run. During the early stage of manufacturing ERP implementation, this traditional collision with ERP will inevitably occur. The traditional management methods should be abandoned as soon as possible by various means to adapt to the ERP management mode.