Manufacturers in every sector face intense competition in themarketplace and need to continuously develop innovative productsand services and improve business processes. There are four waysthat an ERP system can help transform such challenges intocompetitive advantages. ERP web portals can be used to shareinformation and speed up problem solving among employees,suppliers, business partners, and customers. An ERP system allowsan organization to develop new products and processes that canreduce costs and power revenue growth. An ERP system can automateand streamline workflows throughout the enterprise. Businessintelligence and analytics tools including exception alerts andtriggers allow information to be analyzed to reduce costs andoptimize order
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