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October 3, 2019

ERP Software: How does it work? A Guide for Fashion Business

by Shahrooz Kohan

A successful fashion business is a wonderful thing—provided it’s in the right position to scale.

It’s certainly a “good problem to have.” But companies that are ready to make the leap out from small potatoes are confronted with all manner of issues that need addressing: inventory management, retail relationships, speed to market. While some of these challenges aren’t new, they take on exponentially more effort—and significance—as businesses mature.

Although there’s no perfect one-size-fits-all solution for any business, choosing the right ERP system is particularly important for fashion businesses that are trying to scale.

Why is choosing the right ERP so important?

In the apparel industry, having the best-suited ERP provides the greatest amount of visibility into your operations. It’s the only way to recognize your true inventory levels and fully manage your operations.

“Companies that don’t have visibility don’t have control, leading to issues that cause their customers headaches,” Shahrooz Kohan, CEO of AIMS360, said. “Some examples are late shipments because of no visibility of inventory and production, incorrect shipments because of manual data entry mistakes, and missing orders.”

See the full article on Sourcing Journal

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