The COVID-19 pandemic is an on-going public health crisis that has caused the global economy to suffer an external shock. Despite this, in some countries, the textile industries may be a key driver for growth and employment. We cannot overlook the textile industry in countries building back after COVID-19. It is a rising sector on the path to industrial growth. As the sector grows, it provides support to technologically challenging sectors to create resources. Indeed, the textiles sector can be vital to many developing countries. With this, turning to the use of ERP software for proper management is inevitable.
The data shows that between July and October, textile shipments grew by 3.8% to $4.8 billion from $4.6 billion a year earlier. The increase in the textile and clothing group was a week faster than the overall export increases of 0.6pc. In the knitwear, home textiles, and denim categories, the export recoveries are most prominent. Sometimes, there is a significant decline in the export of goods like grey clothes and yarn. This implies a rise in the exportation of value-added goods. It also represents a shortage of raw materials due to an exceptionally low cotton harvest this year for the value-added industry.
Moreover, the textile industries have taken help from the ERP software especially in a covid-19 pandemic. Businesses are continuously searching for different ways to improve their processes’ efficiency and competitiveness. This is possible by combining the whole thing into a single system. Planning, inventory sourcing, financing, sales, marketing, and human resource may be part of this. The method used to monitor and incorporate these different business functions is an ERP system.
The COVID-19, pandemic have been shutting down companies and pushing teams to operate remotely, businesses across the globe are feeling the significance of ERP technology. ERP systems handle unexpected or drastic shifts in business and encourage working arrangements from home.
In keeping output on track, an ERP system such as Gluon ERP will help. To carry out operations, the textile industry needs many operators. Besides, they require a system, which can handle material on-site. However, factories have no choice but to work with a small number of workers.
This poses a challenge for companies, but ERP systems can reduce the number of on-site workers through features that specifically plan work, track performance equipment, and disclose real-time quality and maintenance problems. A cloud ERP system can keep development on track during the COVID-19 pandemic through different processes like this; it can greatly help the textile industry during this pandemic.
The effect of a pandemic on the textile industry depends largely on the workflow. While clothing and tourism are badly affected, the demand for safety gear has increased. ERP system will help to navigate this demand change. It can be time-consuming to react to these adjustments and fluctuations manually. For any organization, it might not be possible to adapt to changes such as the availability of the material in the textile industry. The ERP system can plan it all over again, it can re-schedule, and most importantly, it can re-provision these elements quickly and from any given location to operate a company. Other key features are CRM and customer relationship management, from which companies will benefit.
The organization faced many problems and challenges during the pandemic, as discussed above, the companies try to cut the staff number on-site and have more individuals working remotely. In certain industries, though working from home was a choice, not many companies had such a large number of and at such short notice. Cloud ERP provides benefits when used as work from home, as well as a cloud CRM solution, that is one of the cases of the process where these solutions are useful during pandemics like these.
Furthermore, the ERP system has helped the textile industry to flourish even in this pandemic as it provides an automated system. This enables business owners to access data, allowing them to see which components are involved in their processes. ERP can also provide data access for clients and suppliers, allowing them to view data in real-time and improve interactions in all areas of the market.
To improve the textile industry operation, an ERP program will increase the convenience of access to records such as contracts, price requests, and approval information. With performance planning and inventory management, supplier information such as delivery dates reported within the program may also help. More significantly, in handling your clients, accomplices, and suppliers, a prime incentive system will contribute to better performance. You should have the skills to fulfill the existing monitoring prerequisites effectively with the help of an ERP system.