In today’s highly competitive and fast-paced retail marketplace, only the smartest, and most adaptive businesses in the footwear industry can stay ahead. While generic ERP systems can facilitate several business processes, it doesn’t always go far enough to include all of the features required for the footwear manufacturing businesses. And that’s where specialized Footwear ERP software makes the difference.
In this blog, we take a look at the features of the best shoe industry ERP software — and why it’s superior to the one-size-fits-all, generic ERP systems. Explore more below.
The footwear manufacturing business involves complex operations. It works on a matrix of sizes, colors, materials, and styles — all of which need to be meticulously followed. Furthermore, when you throw in the complications of supply chain logistics, global sourcing, seasonal demand, and fast-moving trends, it’s pretty obvious that a generic ERP platform isn’t going to do it for you.
An industry-specific footwear ERP system is designed to manage these complexities, helping companies to achieve more efficient operations, while saving money and improving customer satisfaction.
One of the most critical functionalities of footwear ERP software is its capability to support a style, color, and size matrix. Unlike a standard product, a single shoe can have dozens of SKUs in different sizes and color combinations.
A dedicated footwear ERP software will:
Inventory management is very important in the footwear manufacturing industry. Some features in footwear ERP software that are targeted towards advanced inventory management include:
This means fewer stockouts, less excessive stock, and better fulfillment rates.
Footwear production is detail-driven and involves a variety of materials, vendors, and production stages. Specialized footwear ERP software help:
This results in faster production runs, less waste, and better product quality.
With materials typically sourced globally, tracking supplier performances, lead times, and costs is critical. Footwear ERP systems provide:
This guarantees on-time delivery and helps maintain production schedules.
The footwear manufacturing industry is based on the seasons and trends. A specialized footwear ERP system makes it possible to:
Retailers can better schedule their collections and thus minimize end-of-season discounts.
Footwear manufacturing companies typically sell through several different channels, including retail stores, e-commerce, distributors, and wholesalers. A footwear ERP system can:
This consolidated strategy also prevents the likelihood of overselling and improves customer experience.
Returns are common in the footwear sector, especially online sales. Footwear ERP software comes with in-built features including:
This enables footwear companies to process returns faster and increase customer satisfaction.
Barcode and RFID integration makes inventory tracking easier and faster. Footwear ERP software can:
The efficiency of operations, as well as the accuracy of stocks, is improved.
ERP for the footwear industry offers industry-specific analytics such as:
These findings can assist decision-makers in refining their operations and marketing efforts.
Footwear businesses need to adhere to a variety of regulations – from labeling rules to environmental compliance and labor laws. Footwear ERP systems often include:
Generic ERPs are applications that have a broad function range and they have less depth in the industry standard functionalities. Because footwear ERP systems are built to the specific workflows, terminology, and challenges found in the footwear industry, it makes implementation quicker and adoption by employees easier.
Industry-specific functionality in generic ERP systems is expensive and time-consuming as it implicates tailored developments for different industry sector requirements. An out-of-the-box footwear ERP already has features that complete footwear businesses do not need to modify.
Predefined templates, workflows, and reports for footwear businesses allow industry-specific ERP solutions to be implemented and bring value faster than the one-size-fits-all alternative.
Footwear ERP provides a higher return on investment by increasing efficiency reducing errors and making smarter decisions with data insights – tailored specifically to the footwear industry.
As footwear companies scale, they face new challenges – seasonal fluctuations, global logistics, expanded SKUs, and customer demand. A dedicated ERP system can scale with those challenges, whereas “standard” ERP systems will often hit a wall and require expensive retrofitting.
In an era where customer expectations keep on evolving and competition is fierce, footwear manufacturing companies can’t afford to overlook inefficiencies in their business operations.
Autus Cyber Tech can provide an efficient footwear ERP software solution that aligns with your business operations. Our cloud-based ERP systems will act as a nervous system for a growing footwear business. So, if you’re also looking to streamline your footwear business operations, Call us today for a personalized demo.
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