Chapter 2 : Can there be any solution after analyzing all these problems faced by Keles automobiles?
S01 : The Untold Story of Today’s Manufacturing Business
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Recap : Keles manufacturer was stuck with their old and clumsy business operations where once they were leading the market when no advance operations were performed to make sales, manage staffs and marketing with outbound techniques. Then came the phase of Covid, and it changed the complete scenario with modern business solutions by adapting technologies, AI, ERPs, website, ecommerce, and marketing through social sites. Now the company was looking for the almost solutions and decided to meet an ERP business consultant.
In case if you have missed or forgot about the problems that Keles were facing, you can look up over here :
How did they reach and decided to meet the consultant?
What did Consultant suggest them using his expertise?
Did Keles implemented the suggestion given by the consultant?
Did it help them to stand back in the competitive market ?
All the eyes were pierced upon the consultant, who were meant to be a boon to them and let’s see how did it happen
According to the study, average person spends about 147–151 minutes on using social media per day, in which most of the time is spent on Instagram (a meta platform), and every 3/10 company work on the digital marketing with meta ads. This helps the businesses, service providers, customer care entities, consultants, and many other B2B or B2C business owners to scale up their business.,
So when you are using Instagram or Facebook or YouTube and come across any kind of ads that attract you to collaborate with them for mutual benefits, same scenario happened with Keles Automobile,
Where they collaborated with the consultant, they shared their real problems, affecting their business and operations,
To know more who is business consultant and how did it play a major here, you can go through our blog :
After analyzing the problems, consultant suggested them first to start with the use of an ERP (Enterprise Resource Planning) softwares, the uttermost solution of modern times,
What is ERP, and Why were Keles automobiles proposed to use ERP software programs, like what was so special about ERP that could sort out their business problems?
ERP, also known as Enterprise Resource Planning, consists of systems and technologies that companies use to manage and integrate their core business processes. This involves accounting, project management, procurement, supply chain operations, enterprise performance management, and risk management, and compliance to highlight the key processes that can be automated through ERP.
So ERP system is like a central control panel for this machine. It connects all the parts, allowing them to share information seamlessly. This means Information isn’t locked away in different systems, it’s all in one place, clean and organized. The system automates many manual processes, freeing up your team’s time for more important things. You can see exactly what’s happening across your entire company, from production to sales. Everything works together smoothly, making your company more efficient and productive.
Think of it as a single source of truth for your entire business, accessible to everyone who needs it, from anywhere. This makes it easier to make informed decisions, improve customer service, and gain a competitive edge.
Your ROI leveled up, marketing team leveled up, sales leveled up, Inventory real timed, accounting automated, manufacturing streamlined.
And through this ERP Keles’s will be able to :
Manage Quality Control — The united team of Keles’s would be able to track the products in real time, while simultaneously noting down the problems that are causing with the products as well as their correct solutions. So in turn these would produce high-quality standards of the automobile products, It will reward you with developing and maintaining the good customer relations with higher number of returning customers and strong customer loyalties.
This ERP will not test the safety measures of the products itself, but it will keep the records of measure that the process undergoes with standard norms with high security, real time. It will also give the correct measures if they are wrong, letting you meet the regulatory standards and even comply with the quality control management system.
Manage Inventory — The backbone of the Keles manufacturing is its sales and manufacturing. So ERP plays a vital role in order to maintain the adequate quantities of resource material and removing all the hurdles that would have come in the way of proper and efficient inventory management.
To explain this clearly, it was explained that if Keles’s built cars by procuring parts and components from multiple suppliers. Now, in order to track the requisition and purchase of these goods and to ensure that each component across the entire procure-to-pay process uses uniform and clean data connected to enterprise workflows, business processes, reporting, and analytics. Every step can be recorded by the ERP system.
If we look into the case two where we need to identify the product with all the names, shapes, attributes, and colors from all over the world. This Inventory platform can help you to store product name, material, size, lot number, source, supplier part number, cost, serial number, and specification, along with a plethora of other descriptive and data-driven items.
Further on, the use of the ERP system will also ensure that the above-mentioned attributes and data fields roll up to the correct account in the company’s general ledger so that all the costs are properly tracked and represented.
Make Efficient Data Visible — By automating routine tasks and providing a centralized database, ERP software can significantly improve operational efficiency. This means faster order processing, reduced lead times, optimized inventory management, and more efficient resource allocation. So, Keles automobiles would have real-time access to key business data and analytics. This visibility enables better decision-making at all levels of the organization, from strategic planning to day-to-day operations.
Upgrade its Scalability — As Keles grows, ERP software can scale alongside their business. Whether it’s expanding into new markets, adding product lines, or increasing production capacity, ERP systems will stand as a strong pillar to support growth.
Manage Accounting — ERPs will automate Keles accounting tasks like accounts payable and receivable, reducing the risk of errors and improving the accuracy of financial statements. They can also generate real-time financial reports, providing managers with up-to-date information to make informed decisions. They will be able to automate many routine accounting tasks, such as generating invoices, processing payments, and reconciling bank statements.
This frees up accounting staff to focus on more complex tasks, such as financial analysis and budgeting. The greatest boon of ERP will be that it will be providing real-time visibility into a company’s financial performance, allowing managers to track key metrics like revenue, costs, and profitability. This information can be used to identify areas for improvement and make informed financial decisions.
Managing Supply Chain — Utilizing ERPs will track inventory levels in real-time, allowing manufacturers to optimize inventory management and reduce the risk of stock outs. This will lead to lower carrying costs and improved customer service. This great help where manufacturers will optimize production planning and scheduling by taking into account factors such as demand forecasts, material availability, and machine capacity.
This can lead to increased efficiency and reduced production costs. ERP’s will improve Keles collaboration with suppliers and distributors by providing a centralized platform for sharing information, such as order forecasts and delivery schedules.
Providing Work from Home — Now in this great time, ERP systems are now cloud-based, which allows employees to access data and applications from anywhere with an internet connection. It will facilitate communication and collaboration between remote and on-site employees by providing a central platform for sharing information and documents.
By providing employees with remote access, Keles can improve employee productivity and satisfaction. This is because employees can work from anywhere and at any time, which can help them to better manage their work-life balance.
After this great advice, the manufacturer was astonished and looked forward to upgrading to this advance system. Now in his company mirror he was able to look the future back to the sales that were rising, back to rule the market.
But he didn’t know where to start, and how to implement this system, or give knowledge to his whole staff, and motivate people to use ERP,