What Should Manufacturing Businesses Prepare for Tet 2025 with Epicor ERP?
Tet (Lunar New Year) is not only the most important holiday in Vietnam but also a significant time for manufacturing businesses. With the surge in consumer demand, it presents an opportunity to boost sales and expand market share. However, the increased pressure to ramp up production, manage inventory, and optimize resources also poses considerable challenges.
So, what should businesses do to get ready for Tet 2025? The answer lies in adopting modern management technologies, specifically the Epicor ERP (Enterprise Resource Planning) system.
1. More Accurate Demand Forecasting with Epicor ERP
Tet always brings a surge in shopping demand. However, without accurate forecasting, businesses face two risks: stock shortages or excessive inventory.
ERP solutions support businesses through intelligent data analysis and forecasting tools. By integrating historical sales data, consumer trends, and market factors, the system provides precise forecasts, enabling businesses to plan production more effectively.
Real-World Example: A food manufacturing business can use an ERP solution to predict the demand for Tet specialties such as cakes, candied fruits, or other seasonal products. This ensures optimized material procurement and production scheduling.
2. Flexible Supply Chain Management
To meet the heightened demand during Tet, effective supply chain management is crucial. However, as Tet approaches, delays in transporting raw materials or delivering products can occur due to traffic congestion and market pressures.
Epicor ERP offers a comprehensive supply chain management solution, covering everything from order tracking and warehouse management to optimizing delivery schedules. This ensures seamless coordination across operations, preventing disruptions in the supply chain.
3. Optimized Inventory Management
Inventory management becomes a significant challenge during Tet. Overstocking can lead to increased costs and management difficulties, while understocking can cause businesses to miss out on sales opportunities.
Epicor ERP integrates advanced inventory management tools, helping businesses:
- Monitor inventory status in real-time.
- Set alert thresholds to replenish stock promptly.
- Automate inventory processes such as inbound and outbound logistics, saving time and reducing errors.
4. Boosting Workforce Productivity
During peak periods, factories need to operate at full capacity. To achieve this, businesses must optimize resources, from personnel to machinery.
Epicor ERP offers smart production management solutions that support:
- Monitoring machinery performance to ensure continuous and efficient operation.
- Allocating tasks efficiently to avoid overloading or wasting resources.
- Integrating training tools to help employees quickly adapt to increased workloads.
5. Enhancing Customer Experience
Tet is also an opportunity for businesses to build lasting relationships with customers. Timely delivery, high product quality, and excellent customer service can leave a positive impression, boosting customer satisfaction and loyalty.
Epicor ERP enables effective Customer Relationship Management (CRM) by:
- Tracking order statuses and providing timely updates.
- Personalizing customer experiences based on historical data.
- Resolving issues promptly and professionally.
6. Ensuring Regulatory Compliance
The end of the year often sees increased inspections to ensure compliance with regulations related to production, labor, and the environment.
With Epicor ERP, businesses can manage the entire production process and reporting in accordance with legal standards, minimizing risks and avoiding unnecessary fines.
7. Planning for Post-Tet Operations
After Tet, businesses need to stabilize operations quickly to continue meeting market demands. Epicor ERP supports businesses by evaluating Tet performance through detailed reports and data analysis. This enables companies to draw valuable lessons and build more effective long-term plans.
Tet 2025 is not just an opportunity to increase revenue but also a chance to affirm capabilities and reputation in the market. By leveraging the Epicor ERP system, businesses can overcome peak season challenges and be well-prepared to embrace new opportunities in the future.
3S Software Co., Ltd.
To successfully upgrade a business, businesses need an experienced and trusted partner. 3S will be a partner accompanying businesses on their path of development, helping businesses become more comprehensive and increase productivity at lower costs. Along with compliance with the Epicor Signature Project Implementation Methodology, it will help businesses increase production efficiency and improve profits at a very reasonable cost. 3S believes that it will always bring the most satisfaction to customers.
The 5 main solutions of 3S include:
Epicor ERP – Enterprise Resource Planning
Epicor MES – Manufacturing Execution System
BPM XSOL Solution – Business Modeling Solution
ECM DOCSTAR Solution – Digital Content Management Software
Epicor CADLINK solution – The solution allows transferring information from CAD drawings such as AutoCAD, Solidworks to Epicor ERP
More references: METRO LINE 1: A CATALYST FOR BUSINESSES TO ADVANCE DIGITAL TECHNOLOGY
