Arnold Schwarzenegger is known for many things – his iconic roles in blockbuster movies, his bodybuilding career, and his time as the Governor of California. Arnold Schwarzenegger has a successful career life, but he was not always a success. He had to work hard and make sacrifices in order to get where he is today. Just like business, if you want to be success, you have to work for it. One tool that can undoubtedly help you along the way is ERP (Enterprise Resource Planning) software.

ERP systems are business software solutions that help organizations manage their day-to-day operations. They provide a centralized database for all business processes, including inventory and supply chain management, financial management, and human resources. By integrating all of these processes into a single system, ERP software helps businesses streamline their operations and make more informed decisions.

In today’s globalized business environment, it is not uncommon for companies to operate in multiple industries or have different business units within a group. Managing these diverse businesses can be a daunting task, but an ERP system can help streamline operations and improve efficiency.

Let’s take a look at how an ERP system can help manage different businesses, using examples of a restaurant chain, a sports nutrition company, and a production company.

Restaurant Chain

A restaurant chain typically has multiple locations, each with its own unique set of challenges. With an ERP system in place, the restaurant chain can manage inventory, supply chain logistics, and financials for each location from a centralized database. This allows for better decision-making and more efficient operations, as managers can easily track inventory levels, reorder supplies, and manage budgets across all locations.

Sports Nutrition Company

A sports nutrition company may have a variety of products, each with its own set of ingredients and suppliers. An ERP system can help manage the complex supply chain by tracking each step of the process, from raw material procurement to product delivery. This ensures that the company is sourcing the highest-quality ingredients for its products and can quickly identify any issues that may arise in the supply chain.

Production Company

A production company may have multiple projects underway at any given time, each with its own budget and team of employees. An ERP system can help manage these projects by providing a centralized database for tracking time and attendance, managing finances, and monitoring progress. This allows managers to quickly identify any issues that may arise and make informed decisions to keep projects on track.

In all of these examples, an ERP system helps manage the diverse businesses by providing a centralized database for all operations. This allows for better decision-making, more efficient operations, and improved collaboration across different business units. In addition, an ERP system can help identify areas for improvement and optimize processes to drive growth and profitability.

An ERP system is an essential tool for managing diverse businesses, regardless of size or industry. Whether it’s a restaurant chain, sports nutrition company, or production company, an ERP system can help streamline operations and improve efficiency. By utilizing ERP software, businesses can streamline their operations and focus on what they do best – delivering value to their customers.

About Multiable:

Multiable has been a prominent provider of ERP solutions for over three decades. Our Multiable ERP system is cloud-native, highly configurable, and can be effortlessly customized to cater to the unique requirements of businesses, without incurring costly customization fees. Our unwavering dedication to delivering swift and dependable products has earned us the trust of numerous businesses. We are delighted to have served more than 6,000 companies across Asia, cementing our position as a premier company for ERP system implementation.

About EDG Grant:

The Enterprise Development Grant (EDG) was launched in 2018. EDG is a single grant that supports companies in the upgrading of business capabilities, innovation and internationalization. EDG replaces the Capability Development Grant (CDG) and the Global Company Partnership (GCP) in the same year.

M18 ERP and M18 HCM is under the scopes of EDG grant.

Our consultants have rich experience in helping customers to get EDG application awarded to deploy our renowned M18 ERP in Singapore. Multiable will provide relevant technical / system related documentations and guide you throughout the application process