The Future Of eCommerce ERP (Enterprise Resource Management)
Enterprise resource planning (ERP) refers to business process management software that allows an organization to use a system of integrated applications to manage the business and automate many back office functions related to technology, services and human resources. Shipedge takes the ERP concept and creates an efficient grid of self sufficient nodes that are integrated to maximize operating costs/profits, manage suppliers, forecast inventory and reduce transportation costs plus provide benefits in all the following areas:
Shipedge has features for implementing functions of order placement, order scheduling, shipping and invoicing.
Shipedge also offers procurement in the sense of allowing our clients to connect to their suppliers and provide purchase order information to track replenishments and make sure that inventory is always at the required stock level so that orders can continue to be fulfilled without ever running out and killing any momentum that an eCommerce business could be having, especially during peak seasons.
Shipedge is one of the only ERPs that provides forecasting and trend analysis, which allows an eCommerce business owner to customize their inventory in such a way that it alerts them when it believes a purchase order or replenishment should be made from a supplier based on an algorithm that takes into consideration the average production and shipping times so that the inventory level can keep up with the sales volume required.
Another crucial functionality of an ERP that Shipedge does well is distribution. By controlling warehouse processes and managing movements in the warehouse, Shipedge responds faster to challenges and changes in the supply and demand when necessary.