operating costs<\/a>ability to meet customer needs. ERP helps businesses manage inventory correctly transparency.<\/p>\n![\"ch\u1ee9c](\"https:\/\/lacviet.vn\/wp-content\/uploads\/2026\/03\/chuc-nang-cua-erp-cot-loi-4.png\")
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The main function<\/strong><\/p>\n\n- Track inventory in real time: Every fluctuations in inventory from order entry, warehouse export or transfer inventory are updated on the system.<\/li>\n
- Batch management term use: ERP allows the management of the goods according to: batch production; series number; limit use, ... this is particularly important for industries such as food, pharmaceutical or retail.<\/li>\n
- Set inventory minimum \u2013 maximum: the System can alert when inventory drops below a safe level, or exceeds the maximum level.<\/li>\n
- Analysis of inventory turnover: ERP helps businesses know which items sell fast, any items unsold long.<\/li>\n<\/ul>\n
Enterprise value received<\/strong><\/p>\n\n- Reduce inventory costs: excess inventory will increase the cost of storage and misappropriation of funds. ERP helps businesses maintain inventory levels reasonable.<\/li>\n
- Avoid missing goods: warning System inventory helps businesses timely complementary goods when needed.<\/li>\n
- Improve the efficient use of capital: optimal inventory can help businesses reduce 20% to 50% of the amount of inventory and increase the ability to meet customer needs.<\/li>\n<\/ul>\n
5. Function production management<\/h2>\n
With respect to the business of manufacturing, ERP plays an important role in the planning and control of the entire production process.<\/p>\n
The main function<\/strong><\/p>\n\n- Production planning: ERP allows the construction of a production plan based on: orders customers; demand forecast; power machinery and manpower<\/li>\n
- Manage production orders: the System helps monitor each production order, from the raw materials to finished products.<\/li>\n
- Monitor production progress: managers can see the status of each stage of production in order to timely adjust the plan.<\/li>\n
- Calculate the demand for raw materials: ERP automatically calculate the amount of materials needed for each order production.<\/li>\n
- Reviews production capacity: the System can analyze the performance of each line, machinery or workers.<\/li>\n<\/ul>\n
Enterprise value received<\/strong><\/p>\n\n- Optimal plant capacity: ERP helps business efficient use of production resources, avoid machinery or manpower is wasted.<\/li>\n
- Reduce the waste of raw material: The exact calculation demand for raw materials help to reduce losses and optimize production costs.<\/li>\n
- Increased productivity: Thanks to the track production progress in real-time, businesses can detect early points of congestion in the process.<\/li>\n<\/ul>\n
6. Management functions the product price<\/h2>\n
Manage product price is an important function in the ERP system, especially for the manufacturing enterprise or business there are many cost structure of products. The goal of this function is to help the business understand each product are consuming how much it costs to create, from that given strategy, selling price, optimal reasonable cost.<\/p>\n
In fact, many businesses have difficulty when determining the price of accuracy of cost data scattered in many parts such as accounting, warehouse and manufacturing. ERP helps to connect the data in this together to create paintings full cost transparency.<\/p>\n
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The main function<\/strong><\/p>\nCalculate the price of products: ERP allows businesses to calculate prices based on many factors such as:<\/p>\n
\n- raw material directly<\/li>\n
- cost<\/li>\n
- the cost of production in common<\/li>\n<\/ul>\n
For example, When a production order is completed, system can automatically aggregate cost of raw material was used from inventory, the cost of staff from hr system and the cost of machinery to calculate product price.<\/p>\n
Allocation of costs: some costs in business can't be tied directly to a specific product, for example, electricity costs, depreciation expense, machinery or cost management. ERP will automatically allocate these costs according to the criteria was set as:<\/p>\n
\n- number of products<\/li>\n
- hours of machine running<\/li>\n
- production time<\/li>\n<\/ul>\n
Thanks to that product prices more accurately reflect actual production.<\/p>\n
Compare prices over time: ERP allows businesses to compare product prices between the states as different as month, quarter, or year. This helps to detect the fluctuations in the cost and determine the cause of increase or decrease in price.<\/p>\n
Analysis of cost structure: the System can analyze the proportion of each cost item in the total price of the product. For example, businesses can see that raw materials account for 60 percent of the cost, labor accounts for 25%, and other expenses account for 15%.<\/p>\n
Enterprise value received<\/strong><\/p>\n\n- Determine the exact profit: When the product price is calculated properly, businesses can know exactly the profitability of each product or each order.<\/li>\n
- Adjusted selling strategies: cost information to help businesses make decisions as price increases, optimal manufacturing processes, or changing suppliers of raw materials.<\/li>\n
- Optimum cost of production: According to research by Deloitte, the application system cost analysis in ERP can help your business reduce production costs from 10% to 20% thanks to discovery the point of waste in the production process.<\/li>\n<\/ul>\n
7. Function of personnel management<\/h2>\n
Hr is important resource of any business. However, in many organizations, hr data often be managed using a spreadsheet discrete or more different software, causing difficulty in the synthesis of information.<\/p>\n
ERP functional integration, personnel management helps businesses manage the entire life cycle of employees from recruitment, work, training to performance reviews on a single system.<\/p>\n
The main function<\/strong><\/p>\nRecords management staff: ERP store the entire information of the employees, such as:<\/p>\n
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