Keeping Pace with the Growth of the Natural Products Industry

By August 11, 2017Uncategorized

To keep pace with the accelerated growth of the $200 billion natural products industry in the U.S., many small to medium size businesses are revolutionizing their operations with newer or more feature-rich Enterprise Resource Planning (ERP) systems.

What is an ERP system?

An ERP system is a powerful business management tool that creates more efficient processes, increases the productivity of employees, and provides greater transparency, visibility, and reporting of key business operations. An effective ERP system helps keep businesses on track, providing valuable organizational insights from each department in an integrated manner. The business system allows you to view the enterprise in its entirety—what’s working and what’s not. The data and insights gained provide you with better information to make sound business decisions at critical stages of production, sales, inventory, and distribution to keep pace with growth and customer satisfaction.

How to select an ERP system provider?

As your business grows, your selection of an ERP system provider is of paramount importance. You need to select the right one for your specific business and partner with an ERP solutions provider with experience that you can trust. According to Dave Boos, President of Cornerstone Consulting, it’s imperative that your ERP provider understand your supply and demand processes, operational transactions, internal processes, industry regulations, and customer interactions. “Our natural products clients partner with us to help manage their business for greater efficiency and productivity so they can focus on new business strategies and products for sustainable growth,” says Mr. Boos.

Here are some general questions for you to ask a potential ERP provider:

  1. How long has your company been in the ERP business?

You’ll want an ERP solutions provider who has reliable, long-term experience and a successful track record in the ERP industry, as well as the natural products industry. ERP system development and implementation requires time and expert resources to deploy effectively. “We chose Cornerstone for its demonstrated experience in the natural products industry,” says Adrian Nagy, CEO of Wisdom of Nature Marketplace, based in Tampa, FL. “Now our business process is faster and better, with seamless integration and analytics, which means better customer service. We are ready for the future,” states Ms. Nagy.

  1. How many companies are using your ERP solutions?

A good indication of an ERP provider’s experience and reputation for results is the number of customers who have successfully implemented their recommended ERP solutions, as well as the longevity of clients being supported. If an ERP provider has unhappy customers, it is likely that they are not skilled in the operations of specific businesses in the natural products industry or lack the expertise to successfully integrate ERP solutions seamlessly. “For our natural products industry clients, we bring more than thirty years of experience, knowledge and expertise to understand how their specific business operates now and how we can take the enterprise to the next level. For people who are considering our ERP solutions, we encourage them to call our clients for peer-to-peer recommendations and insights,” adds Mr. Boos. 

  1. Why should a customer choose to work with an ERP company?

It’s time to partner with a ERP provider when you know your business success depends on gaining greater control over your productivity, financials, inventory, operations, sales and distribution. When selecting an ERP partner to help accelerate your business, look for the companies and people with the values that you can trust and rely upon.

The natural products industry and the companies accelerating its growth have high standards for product integrity, transparency, reliability, well-being, and environmental responsibility. Designing and building effective business systems that meet your needs now and are flexible enough to grow with you as your business grows is a critical factor. “With our ERP solutions, you gain powerful tools and real-time analytics to measure performance and give you the insights to act with confidence over the next five to 10 years. Our goal is to help our clients help their customers feel better and live a better quality of life,” concludes Mr. Boos.

Prepare for growth

To keep pace with the natural products industry and stay ahead of today’s consumer demand for high-quality, sustainable products, Cornerstone Consulting can help you assess where your business operations are today and define new directions and opportunities to help your business grow in the right direction. Cornerstone Consulting is a proven, trusted advisor in the natural products industry for over thirty years, dedicated to helping companies progress with integrity. For more information, visit www.cornerstonenatural.com or call 813-321-1300.

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