ERP (Enterprise Resource Planning) software is a type of business management software that helps organizations manage and automate various functions, such as finance, procurement, HR, supply chain, and customer relationship management. The goal of ERP software is to provide a single, integrated view of an organization's data and processes to help improve efficiency, decision-making, and overall performance.
In the cannabis industry, ERP software is inclusive of “seed to sale” features. This often creates confusion between the two. Seed to sale software refers to the traceability of inventory at all stages of the supply chain, most commonly used (and mandated) by regulators.
Cannabis businesses use ERP systems for several reasons, including:
We most commonly hear from cannabis companies that they are using an ERP solution for profitability, not just because they want to avoid regulatory software like Metrc. Their cannabis ERP system of choice is intended to use across the entire business.
ERP (Enterprise Resource Planning) software and MES (Manufacturing Execution System) software are both business management solutions, but they serve different purposes and address different business needs.
ERP software is a broader solution that helps a cannabis operation manage various business functions, such as finance, procurement, business intelligence, and forecasting. ERP software is a single source of truth, and provides a unified end-to-end view of an organization's data, and processes and is designed to improve overall performance and efficiency.
MES software, on the other hand, is specifically designed for cannabis manufacturing. MES software focuses on the control and management of the production process, from raw material procurement to finished product delivery. It provides real-time visibility into the production process, allowing organizations to monitor and optimize production operations in real-time.
While there may be some overlap between the software solutions, ERP software provides a comprehensive view of an organization's operations, while MES software provides a more focused view of the manufacturing process. Both solutions can complement each other and work together to help organizations optimize their operations.
The most important features of an ERP software vary depending on the specific needs and requirements of an organization. However, some common features that are typically considered essential for most ERP systems include:
Note: The specific features and capabilities of an ERP software may vary depending on the vendor and the industry. It's important for organizations to carefully evaluate their needs and requirements and choose an ERP solution that meets their specific needs.