The industrial products industry is broad and diverse. Products range from ladders and lifts to chemicals and fasteners. The manufacturing and distribution of these products requires a flexible, robust ERP software solution that can manage a variety of products types at one given time. The ERP software must have strong inventory management software functionality and a fully integrated warehouse management system.
Industrial distributors require a ERP solution that is capable of managing all aspects of order entry, sales, accounting, finance, purchasing, and inventory, while also being easy to use and easy to deploy across multiple locations.
Industrial Products Software Requirements
- Customer relationship management
- Point of sale (POS software)
- Flexible order management
- Pricing and promotions
- Inventory management
- Kitting and assembly
- Serial number tracking and lot control
- Warranty tracking
- Warehouse management system
- Consignment inventory
As we have discovered in our experience with more than 150 ERP solutions, each ERP software package has its strengths and weaknesses. We track our extensive ERP selection and implementation experience with various enterprise systems in our proprietary ERP Solutions Database. Below is a summary of a small sub-set of data from that database, which our project teams use to help clients select the right ERP software for their organizations.