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Apparel business management and ERP software is designed to help businesses in the apparel industry and the fashion industry manage business processes and their supply chain. From apparel manufacturing to customer relationship management, these tools can be end-to-end solutions for an apparel business with the added bonus of being specifically designed for the unique needs of the apparel industry.
These tools can help an apparel business with product lifecycle management, business decisions, and supply chain management. While not all companies requiring apparel business management and ERP software will also be involved in fashion retail, retail store and retail sales management features are also included within these tools.
Key Benefits of Apparel Business Management and ERP Software
Running any company that designs and manufactures products is difficult. Between raw materials, sourcing, planning, maintaining relationships with both manufacturers and retailers, and maintaining customer satisfaction for each product, things can get messy fast. With apparel business management and ERP software, apparel businesses can manage all of these complex processes in one place.
Lifecycle Management — Maintaining an entire supply chain is a lot of work, so being able to see all aspects in one place can be lifesaving. A typical ERP solution wears up to dozens of hats, and apparel business management and ERP software is no different. Those hats are just much more fashionable and catered to the fashion industry.
Transparency — Visibility into all parts of a business is crucial for making informed decisions. Having visibility into all those moving parts from one place is even more helpful. Being able to see production and inventory information as well as accounting data and customer information can prove invaluable on a day-to-day basis as small crises crop up across all aspects of the business.
Data — Businesses these days thrive on accurate, real-time data. With apparel business management and ERP software, you can capture and analyze data from all aspects of the business to ensure that everything is working as it should.
Clothing Designers — Designers need to figure out a way to get their designs produced, and apparel business management and ERP software can help turn those designs into reality. While designing is not easy in and of itself, it’s also difficult to find materials, manufacturers, and distributors without breaking the bank or driving prices too high for customers. These tools can help organize the production of clothing so that designers can spend more time designing.
Clothing Retailers — Retailers need to obtain their goods from somewhere, especially a large retail business that produces its own clothing and footwear to sell in its stores. Apparel business management and ERP software can help clothing and footwear retailers manage their supply chains, inventory, and product design while keeping costs manageable.
Supply Chain Management — A good supply chain is crucial for a successful business, but supply chains have a lot of moving parts. Organizing all these parts is an endeavor unto itself, so having a software platform that can help will save a huge amount of time and money. Once a supply chain is set up, apparel business management and ERP software can ensure that all the parts are working as they should, and if any delays happen, adjustments can be made easily.
Accounting — A business must have a good handle on its books to remain successful. By having all financial information in one place, you can ensure that all the different aspects of the business are running smoothly and, if not, see where you are losing money.
Integrations — It’s rare that a business can get away with using just a single piece of software. If you are using multiple software tools, an apparel business management and ERP platform can help you consolidate; however, you will likely not be able to consolidate completely. Therefore, ensuring that your new tool can integrate with the tools you need to function is important for continued smooth operations.
Product Lifecycle Management — If you’re designing clothing and footwear items to be manufactured and sold, you need to be on top of the entire process from idea to prototype. Product lifecycle features can help organize that entire process up until it is ready for distribution. When multiple parties need to sign off on each step, product lifecycle management ensures that approvals are made, costs are monitored, and materials are procured.
Workforce Management — A business can’t run without a workforce, much like it can’t survive without a product or service to offer. Apparel business management and ERP software can also help manage your workforce by providing scheduling, payroll, and potentially benefits management. By having all of a business’ information in one place, it can become much easier to manage the entire business top to bottom.