Consolidation of various processes and departments is often the corner-stone of turning an organisation into a success. As a single-point solution for consolidating and channelling various processes, an enterprise ERP software is crucial for any organisation, especially for entities involved in manufacturing. The key differentiator is the ability of the enterprise ERP software to streamline the process and thereby influencing the organisation to make better business decisions and improving the efficiency and productivity. Here are four manufacturing problems that an ERP can solve effectively.
For a manufacturer, streamlining the process in line with the laws and regulations is of utmost importance. Even if the product may be the same, the regulations can vary from region to region. Each country can offer a different set of rules and regulations which the manufacturers are obliged to follow. For companies which operate from multiple regions and are also involved in manufacturing more than one product, the compliance rules can put forward complexity while operating. Ensuring that all the compliance documents are stored and operated from one place automatically eases the complexity. An ERP system is best suited to perform this action in the most efficient way.
Planning and Scheduling
Human errors which may occur during manual handling of data will result in inaccurate scheduling and affect the productivity of the entire organisation. Human interventions involved during collection of data or reconciling can result in errors. Also, using resources for these non-productive activities bring cost expenditures to an organisation. An ERP system eliminates the chances of human error and saves on both cost and resources for the organisation. An ERP system provides access to data which includes current inventory levels, procurement expected, sales forecast, ATPs, PAB which will enable the organisation to plan and schedule future operations yielding the best possible results.
There is no room for error when it comes to quality of production. The upward trajectory of any business is predominantly dependent on the quality it offers. In the broad spectrum of maintaining quality in a manufacturing organisation, it will essentially cover things such as inventory monitoring, lot recall, stability testing, expiration date, and much more. An ERP system enables manufacturers to effectively track these factors, thus ensuring the product is of high quality.
At the end of the day, a business is categorized as a success only when it makes a profit. The operating cost continuously grows, and it is important for manufacturers to bring down the cost considerably in order to maximise the profits. The rising cost of raw materials and resources also do not help the course. An ERP system can help manufacturers to effectively monitor the process and control losses. Also, by identifying the wrong turns in the process, it will eliminate the chances of misuse of raw materials and resources.
ORION ERP for the Manufacturing vertical delivers a seamless production process, calculates and tracks product and job cost, and records all manufacturing activities. It offers interactive dashboards of broad productivity snapshots as well as granular details of product financials to ensure real-time manufacturing decisions, meticulous quality, and enhanced plant throughput at optimised costs.