The best tool for the manufacturing industry – enterprise resource planning

The Best Tool for the Manufacturing Industry – Enterprise Resource Planning The manufacturing industry comes face to face with stricter laws and regulations to comply with. Keeping in view the growing seriousness and maturity to protect the environment, waste management takes a center stage for the manufacturing industries. Add to it the increasing onus of the health and safety of the work force involved, the Manufacturing units need to walk a fine line between requirement and over indulgence.

An enterprise wide solution offering to integrate this major challenge into the workflows designed, along with other requirements like continuous evaluation of products and introducing newer ones, engaging appropriate resources, keeping costs under check and meeting the market demand with the required throughput is of prime importance.

Coupled with practical approaches like e-Commerce, the manufacturing ERP systems remain in sync with modern day expectations. It does take two to tango!

ERP for the Manufacturing Industry

Innovative technology and intuitive software systems play a critical role in designing solutions for an enterprise belonging to the manufacturing industry. A prudent Enterprise Resource Planning system is capable of bringing about changes in the industry with more than one ways by offering more productive and efficient solutions, ensuring better

customer experiences with contemporary methods like enterprise mobility, integrated data collection & interpretation techniques.           

Facilitate automation and reduction in human intervention in production as well as administration Offer traceable & auditable transactions with automatic data captures Blur the distances and geographical boundaries Logically predict demands by integrating BI and Analytics Interpret problem areas and product defects Collect data intelligently at all touch points and put it to use across the system Schedule tasks concurrently with an aim to increase the efficiency Allow contemporary approaches like BYOD for better monitoring of processes, especially production and tracking Integrate QR Code and Barcodes for tracking Inclusion of sensor based techniques for fully automated tracking Automate bill of material generation

The Most Wanted Features for Manufacturing ERP Software

For an ERP system to offer remarkable advantages to an enterprise, it requires systematic evaluation and inclusion of useful features.

Ideal Modules of a Manufacturing Software Solution 

Sales & Distribution

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Sales  Service  Marketing Purchase Management  Procurement  Raw materials  packaging  Supplier Management  Supplier Evaluation  awarding purchase order Manufacturing, Planning and Control  Resource optimization  Material  Parts  Components  Inventory Tracking  QR Codes, Bar Codes  Sensor based techniques Quality Control  Raw material receipt  Intermediate quality controls  Inspection & dispatch  Serial number tracking Inventory and Warehouse  Automated Stock levels  Reorder process  Inventory status reporting or Stock taking  Traceability integration  Recall procedures Service & Maintenance  Automated service scheduling using predictive analysis  Maintenance history recording Analytics  Business Intelligence  Knowledge Management  Reports & Dashboards Supply Chain  Collaboration with Partners  Demand driven supply chain  Human Resource Management  Training  Recruitment  Payroll Attendance  Waste Management

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Green policies implementations  Environment related compliances  Finance  Cost Analysis  Product costing  Job costing  Invoicing  Profit Analysis  Assets & depreciation  Taxation Benefits of an ERP for Manufacturing Besides integrating vital data and collating it into critical information through modern methods of reporting, ERP for manufacturing means increase in efficiency and better served customers. Compliance and security features are catered to in a fool-proof manner. Streamlined processes with increased productivity mean reductions in costs & investments allowing the manufacturing setup to offer more to the customers at competitive prices.

A practical ERP offers the much required scalability and flexibility to keep the operations viable.      

Increased Efficiency & Productivity Assured Compliance & Safety Streamlined & Better Monitored Processes Reduced Product Defect Rates Cost Reductions Improved Customer Engagement

Ensuring Success of an ERP Just as any other software, there are rules of thumb to be followed to ensure that an ERP proves to be a game changer for a manufacturing set up.   

Prudent Business process re-engineering Effective change management & project management Appropriate training across the enterprise

In a Nutshell ERP for manufacturing really started off as simply a Material Resource Planning systems years ago, maturing to what it is today; an indispensable tool for manufacturing setups of all scales to streamline critical processes and keeping track of the inventory to ensure satisfying customer experiences.

Technologies today like the Cloud, BI & Analytics & Mobile technologies with contemporary approaches like BYOD & social media ensure that a manufacturing ERP encompasses it all and delivers a powerful framework of evolving solutions for industrial manufacturing, with flexible budgets to suit all pockets.

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