How Are You “Planning” for the Uncontrolled / Unpredictable?

If 2020 has taught us anything, it’s that absolutely anything can happen. And few have escaped the effects of what this year has brought- especially in the fresh produce industry. If a global pandemic wasn’t enough to throw a curveball with changes in consumer behavior, supply chains, operations, all of it- then the droughts, fires, floods and hurricanes surely did. Though you can’t predict the unpredictable, you can be prepared for it, and an ERP system can help. 

Here are 3 ways an ERP can help to save your business in a crisis: 

Inventory Management and Inventory-Based Accounting

Taking inventory of goods, outstanding payables, and outstanding receivables helps you get a complete picture of cash flow and plan accordingly. Immediately assess your ability to fulfill future orders, find where you can renegotiate bill payment, and identify where you may need to speed up unpaid invoices. 

Immediate Access to Information All in One Place

If you're facing crop damage or major disruption in the supply chain and need instant information, you won’t have time to go digging up spreadsheets saved in all different locations and managed by multiple individuals. You need consistent data that is streamlined and easily accessible. 

Plan Ahead When All is Calm 

Though you can’t predict when a crisis hits, you can be better prepared when it does. Having a more detailed understanding of your business allows you to find weaknesses and see how far out your finances and inventory can cover a disruption in cash flow.  

An ERP system not only helps you to plan for the future to the very best of your ability, but it also helps you to prepare for the unexpected. When any disruption to your business occurs, every moment is precious and stakes for decision making grow higher. These are the times that the welfare of your business is dependent on your ability to rapidly draw conclusive, real-time data, which is why you need an ERP solution designed for your business at your disposal.

Prophet is a fresh produce focused ERP that delivers all of these solutions and more to fresh produce businesses. Our robust platform has been built and perfected to provide granular, pallet by pallet, consignment by consignment inventory control for all aspects of data processing and profitability reporting.

Call us today on 661-200-7812 or email us at info@prophetize.com.

We would love to answer any questions or schedule a demo with you.