Technology
is getting contemporary day by day. It is always trying to give something
innovative and new to its users. It has discovered a lot during the recent
years. Internet
of Things (IoT) is the new innovation in this journey. IoT has risen to
fame in the past few years by integrating with a lot of applications and making
everyone’s lives easier. IoT has marked its presence in the world of
technology by getting involved in each and every sector of it. It connects the
sensors of machines with the software and creates the magic. Now it has joined
the ERP sector and is generating a good buzz around it. The collaboration
of
ERP and IoT has brought gigantic benefits for the users.
It
is proffering the ERP with new opportunities to help its users in enhancing
their business with the use of it. Let’s see how this new IoT Technology has
brought a change to the ERP system:
Improved
Data Availability
ERP is the source of data for most companies
these days. IoT in connection with ERP has helped them a lot in accumulating
more and more accurate data for the company. It helps the data gatherer to keep
in touch with all the sectors of the company remotely.
Better Communication
With IoT enabled ERP system, the products can
directly communicate with both the owners and suppliers. Hence, they can get
real time updates of products and can register issues while processing. This
automatically results in diminishing of errors and wastage in the overall
supply chain.
Growth in Business Intelligence
IoT has helped the businesses to grow in an
intelligent manner. Through the use of IoT sensors and devices, products can
immediately connect with ERP systems without the interference of manual labor.
New increased and accurate source of data helps the owner to take the right
decisions and grow in the right direction.
Quick and Informed
Decisions
By offering ample data and a smooth workflow,
IoT empowers the business managers to manage their business in the best
possible way. It has given a boost to their confidence in taking decisions
instantly and executes them correctly for a bright future.
Reduced
downtime
Internet of Things has taken the business
operations to an advanced level. It ensures the accurate production, proper
inventory count, and optimum working of systems within the given time limit.
Hence, resulting in reduced downtime and satisfied customers.
So, these
were some of the benefits caused to the companies by integrating their ERP with
IoT Technology. Odoo is also not behind in accepting this new Technology. It
has jumped into the technology and has transformed itself into an excellent
arrangement of ERP systems.
The Odoo IoT Box integration with
your normal Odoo
ERP system helps you to associate with other gadgets and expand
the span of your ERP framework to a greater audience. Overall, Odoo IoT is
all ready to take charge of getting small businesses on board with the new
technology in hand.