What are the top industries that use Infor ERP? Companies are always on the lookout for ways to streamline operations, improve efficiency, drive growth and stay ahead of their peers. The tool that not only accomplishes these goals but also provides an integrated platform for implementing new processes and measuring their outcomes is enterprise resource planning (ERP) solutions.
There are many excellent options across the ERP marketplace, including top vendors such as Infor, offering Infor CloudSuite and Infor M3, Microsoft, offering Microsoft Dynamics 365, Oracle, offering their Oracle Fusion Cloud ERP, and SAP offering the S/4HANA ERP system. In this post, we’ll explore Infor’s industry-specific functionality and the top industries that use Infor ERP solutions.
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Top Industries That Use Infor ERP Software
1. Distribution Industry
The distribution industry—which acts as a bridge between manufacturers and consumers—faces many unique challenges, such as:
- Mitigating supply chain disruptions
- Maintaining accurate inventory levels
- Meeting evolving customer demands
- Keeping up with competition
- Breaking down data silos across departments
Infor offers Infor CloudSuite Distribution and Infor M3 ERP systems that provide distributors with the tools they need to deal with these unique challenges. These ERP systems come with unique features for the distribution industry—such as real-time inventory visibility, automated warehousing and advanced demand planning—that allow distribution companies to:
- Improve forecasting
- Stay up-to-date with the latest trends and technologies
- Optimize inventory levels
- Improve warehouse operations
- Grow revenue via e-commerce
Infor ERP systems help distributors to integrate critical business processes, including order management, procurement and financial management, promoting data-driven decision making. This allows distributors to quickly adapt to changing market conditions and keep up with competitors.
2. Manufacturing Industry
The manufacturing industry consists of a wide variety of verticals, including:
- Industrial manufacturing
- Aerospace and defense
- Automotive
- High tech and electronics
- Construction and engineering
- Chemicals
- Food & beverage
The manufacturing sector—including process and discrete manufacturing—has been experiencing a diverse set of unique challenges, including:
- Fulfilling ever-evolving consumer demand
- Finding and retaining skilled personnel
- Embracing technological advancements
- Dealing with supply chain disruptions
- Meeting sustainability concerns
Infor offers ERP systems that are manufacturing industry-specific, such as Infor CloudSuite Industrial (SyteLine), Infor LN, Infor Birst and Infor Nexus. These ERP solutions offer manufacturers advanced features, such as shop floor control, product lifecycle management and quality management, enabling them to:
- Create more customer value
- Boost productivity
- Build agile supply chains
- Reduce waste
- Maintain compliance with the manufacturing industry’s strict regulations
3. Healthcare
The healthcare industry is made up of key areas including medical services, products, research and development, health insurance and other supporting services. The healthcare industry also faces unique challenges, such as:
- Rising operational costs
- Workforce shortages
- Integrating technology
- Cybersecurity threats
- Balancing the needs of patients with industry regulations
Infor CloudSuite Healthcare ERP system can help healthcare organizations address these unique challenges. This ERP system offers pre-built critical healthcare capabilities, human capital and asset management, cloud-based deployment and actionable insights, allowing healthcare companies to:
- Make accurate and data-driven decisions
- Offer a top-notch customer experience
- Avoid complex customizations
- Improve patient care
- Minimize operational costs
- Maintain compliance with strict industry regulations, such as HIPAA
4. Hospitality
The hospitality industry welcomes and serves guests and tourists at hotels, resorts and restaurants. Companies operating in this industry have different departments that need coordination for them to deliver exceptional guest experiences. The hospitality industry faces uniques challenges, including:
- Seasonal fluctuations in hotel occupancy rates
- Highly perishable inventory, such as food supplies
- Last minute cancellations and bookings
- Spread out customer service
- Compliance with hospitality specific regulations, such as FDA regulations
Infor offers a variety of solutions for the hospitality industry, such as Infor HMS (Hospitality Management Solution), EZRMS revenue management software (RMS), Infor Sales & Event Management software and Infor POS. These systems are designed to help companies operating in the hospitality industry to:
- Offer better guest experiences
- Maximize profits
- Streamline booking and billing processes
- Reduce wait times and simplify reservations
- Optimize menu management across different facilities
5. Public Sector
The public sector is in charge of ensuring people have access to public services–such as police, fire departments, the military and public transportation—government functions. This sector experiences a set of unique challenges, including:
- Siloed and fragmented data in different departments
- Budgetary constraints
- Compliance with industry regulations
- Delivering services efficiently to the general public
- Transparency and accountability issues
The Cloudsuite public sector ERP system—offered by Infor—operates on an integrated mobile platform, providing critical financials, human capital management (HCM), payroll, customer relationship management (CRM), procurement and operations to companies in the public sector. This ERP system comes with public sector industry-specific functionality, such as financial management, human capital management, cloud-based benefits and asset management, which enable companies to:
- Hire and retain top talent
- Improve service delivery and save on operational costs
- Have access to real-time insights
- Remove data silos between departments
- Scale solutions up or down easily across different departments
Conclusion
Infor ERP solutions are helping organizations across industries—whether it’s distribution, manufacturing, healthcare, hospitality or the public sector—streamline operations, improve efficiency and drive business success. The ERP systems offered by Infor are tailored to meet the unique demands and requirements of each industry, allowing your organization to maintain its competitive advantage and increase profitability. The ERP systems also help bring about automation in these industries, allowing employees to focus on value adding activities which improve productivity.
Ultra Consultants is an independent technology consultation firm helping manufacturers and distributors on their digital transformation journey. We never receive compensation from any software vendor. Whether Infor or another great software vendor, we’ll help your organization through ERP selection, ERP implementation, change management and data migration, ensuring that your ERP project is successful. We work with your team to optimize your business processes, reduce your risk and costs and utilize leading enterprise technologies to drive improved performance.
