One of the growing concerns for the chemical industry today is the fast-growing consumer demand for low-cost products. This has resulted in widespread globalization and outsourcing in the industry, as there is a drastic need to cut operational costs.
Most companies have opted for a global manufacturing strategy that allows them to survive and grow in these turbulent times. This necessitates the use of cutting edge technology.
While there is an array of ERP solutions available in the global market for the bigger players in the chemicals industry, there is a dearth of comprehensive solutions for mid-market enterprises.
Under these circumstances, mid-market enterprises in the chemical industry, tend to invest heavily into ERP solutions meant for bigger organizations. This results in a considerable wastage of time, money and resources, while there is also an increase in the anxiety levels of the management. The already bad situation takes a turn for the worse, as competition gets stiffer with the regular entry of new players.
Such organizations in the chemical sector, can find an ideal respite in ORION Advantage Chemicals, which is meticulously designed to meet the complex requirements of managing small to medium-sized organizations in the chemical business, having multi-divisional operations and multiple product mixes.
- High responsiveness in product pricing
- Allows centralized purchasing, resulting in reduced procurement costs
- Multi-level formulation handling
- Streamlined raw material procurement
- Ensures material availability on the shop floor
- Reduced manufacturing costs and operational overheads
- Lesser downtime of machines with better productivity and capacity utilization
- Improved analyses of production yields with solvent recovery and effluent treatment features
- Accurate product costing taking into account the varying yields cost of effluent treatment and revenue from by-products
- Helps in lot tracking and quality control
- Pre-production analysis using MRP, leading to better delivery schedules
- Simplifies management of co-products
- Batch-wise product costing
- Aids product variance and wastage analyses
- Flexible production control leading to increased customer order fulfillment rate
- Prevents stock-out situations
- Features for credit ageing analyses and post-dated cheque management
- Facilitates multi-currency handling
- Decision support tool available for analyses by the management