What Is An ERP System and How Does It Work To Benefit Your Furniture Store?

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A furniture retail store with chairs and tables

Enterprise Resource Planning (ERP) are systems designed to help companies automate their businesses through software and integrate them with each other. They are useful for almost every industry in the world but have been known to be exceptionally good for the retail industry, especially furniture retailers, as it allows them to streamline the processes.

If you’re wondering how that’s possible, this guide can help you.

Improves Your Inventory Management

Inventory management is essential when you’re in a furniture retail store. You need to know where each item is kept and how much of it is in your storage. This prevents you from wasting time searching for it when the customer asks you. Furthermore, you also have real-time data on how much you have of each furniture item. Meanwhile, the system is also integrated with a POS system, so it updates the stock levels every time there’s a purchase.

Improves Customer Management

An employee talking to a customer

Customer satisfaction can be very beneficial for your business, and customers love it when you give a personal touch to promotions. The ERP system helps record customer purchases and data. So, you can recommend furniture items they might be interested in. Plus, the ERP system also sends alerts to customers about new stocks in the retail store so that they can visit again.

Improves Order and Delivery Management

As mentioned earlier, an ERP system allows you to keep up-to-date with your stock levels, and it allows you to set minimum limits for that stock. So, an automated order is generated whenever stocks drop to that point. The system also has Google maps integration. So, if you have to manage drop shipping of the furniture, you can easily do that as well.

These were just some of the most obvious benefits of an ERP system for your furniture store. If you want to learn more about ERP and its benefits, we can help you. We are a business solutions provider that helps organizations streamline their functions. We offer furniture retail management software integrated with order and delivery management systems and batch tracking systems. More importantly, everything is cloud-based, so you don’t have to worry about additional hardware costs., Get in touch with us now and discover how we can help you.

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