ERP for Manufacturing Industry

erp for manufacturing industry
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This article was published on: 13/12/19 9:45 AM

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ERP – THE BEST WAY TO REDEFINE THE MANUFACTURING INDUSTRY!

KNOW HOW?

Way back in the olden days, business data and records were maintained in complex spreadsheets and files and voluminous folders. When businesses grew in scale, such antiquated systems also got obsolete. They were replaced by ERP systems which were more than just organising and scheduling modules for manufacturing enterprises. They combined the virtues of business planning and management, production scheduling, inventory control, customer relationship management and alignment of partners in the supply chain. The manufacturing sector is piled with competition and susceptible to an ever-changing market ecosystem. To remain at the top of the game, manufacturers need ERP systems that can be deployed and maintained off-site, are comprehensible, scalable, customizable, cost-effective and easy to use. Every industry has their own specific needs and processes. The ERP solution provider needs to understand the business well to define the scope of the software. Expand ERP has over 15 years of extensive R&D and market testing to make the solution robust and perfect, exactly for your specific business need.

According to an ERP Software Market Report published by Allied Market Research report, the global market is expected to garner $41.69 billion by 2020.

Still contemplating about adopting Cloud based ERP for your manufacturing industry?

Here’s why your manufacturing unit needs a modern ERP system:

From conception and design through to manufacturing and delivery, ERP is built to handle the complex needs of manufacturers that use engineering in the design and build of their products. ERP gives you complete visibility into your software processes to help integrate engineering activities, streamline operations, improve efficiencies, manage complexities and grow.

  1. Cost-effective:

    ERP software makes quality management easier. Quality of the product is assured with ERP, which reduces the number of finished goods that are discarded. You gain real-time business visibility with analytics and reporting. The predictive defect analysis made available with artificial intelligence provides deep, timely insights into all aspects of your business. This limits wastage, reduces cost and increases the profit margin for a manufacturer. As the old saying goes, money saved is money earned.
  2. Streamlines Processing:

    Manufacturing operations which otherwise seem complex and redundant, are automated by an ERP system and streamlined across departments. Users can navigate complex processes easily in less time. The result is improved efficiency and cost.
  3. Maintaining Accuracy in Inventory:

    An ERP solution can track your entire inventory in real-time, which makes every transaction and business activity extremely transparent. Shop floor advisors can cross check the quantity of each product. Having accurate inventory or stock list provides products and services that deliver immediate value to clients.
  4. Agility saves Time:

    ERP offers to extend productivity, security and access to information to mobile workers plus partners and customers, working anywhere, anytime on any device. Decision makers compare the system generated reports on regular intervals to analyze the varied market demands and capitalize on customers purchase trends.
  5. Profound Analytics:

    All the departments of a manufacturing business are unified and synchronized in a modern ERP solution. Consolidated reports can be generated using the same system resulting in accuracy in analysis and precise forecasting. For example, an Accountant who can readily access charts and reports can make decisions based on real values and figures.
  6. Optimize Supply chain:

    Fast growing businesses need strategies to boost productivity, improve quality and reduce costs. Supply chain management (SCM) in an ERP system smoothens the planning and execution of activities in the business. This monitors the supply of raw materials to meet the demands of the finished goods.

To Conclude:

Cloud ERP solution is a huge revolution in the manufacturing industry. Most business owners have either already implemented ERP or are in the process of implementing it. So why should you lag behind in this competitive market?

Upgrading to Expand ERP will give your business an added edge for optimum returns on investment. As a solution that is 100 % focused on the needs of manufacturers and distributors, Expand ERP functionality includes primary and alternate BOMS and routing, Material Resource Planning, Masters Production Scheduling, Shop floor execution, scheduling Workbench, Inventory and Warehouse Management and Quality assurance.

Focus on finding a solution that aids you to achieve these benefits. If you’re considering implementing a manufacturing ERP solution contact us to help you develop a digital strategy to meet your business needs.

Our cloud solution offers a comprehensive suite of application without the costly hardware requirements. With Expand ERP you are sure to reap all the benefits of a hosted cloud environment.

To Know More Book a Demo:

How to Improve Productivity in Manufacturing Industry

How to Improve Productivity in Manufacturing Industry
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This article was published on: 9/08/18 2:10 PM

Home > Blog > ERP for Manufacturing Industry

How to Improve Productivity in Manufacturing Industry

As the old adage goes, time is money. The more production you can squeeze out in a period of time, the more money you make, right? As per the old saying, ‘time is money’; however, with improve productivity in manufacturing industry, it is inversely proportional to one another. The higher the production in a stipulated frame of time, the more one gets to make it and manufacturers, across the world are in a continuous process to pursue efficiency in production through consistent increase in machine output, thereby meeting newer profitability heights and maintaining competitiveness.

And productivity in manufacturing is dependent on a number of factors – it is a combination of skilled employees, competent equipment and resourceful processes. To increase throughput without the need for sacrificing quality involves a detailed scrutiny of the existing practices, making adjustments, however minor, to systems, constant skill upgradation for employees and enhancing the efficiency of equipment that are used for the generation of parts and components.

The fundamental nature of enhancing manufacturing productivity can be engaged through:

Information: the accurate capture of information through the identification of losses
Focus: the identification of priorities through the use of that information
Action: ensuring action that is deliberate, methodical and sustainable for the long-term

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The total productive maintenance is the most crucial element for lean manufacturing, and includes an useful efficiency metric – the overall equipment effectiveness, thereby measuring the percentage of planned production time to indicate the ratio of quality throughput, as quickly as possible, without any down-time.

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There are a number of alternatives today that could help to reorganize the way you work by reducing the struggle of improving productivity, increase incentives that could drive up numbers. These have been variously explained, below:

• Examine the existing workflow
• Update business processes
• Invest continuously into the skill upgradation of employee skills
• Establish realistic expectations
• Procure smarter equipment tools
• Ensure an organized process
• Encourage team work

A significant initiative that could ensure effective business management at the manufacturing level is the effective implementation of a robust Enterprise Resource Planning (ERP) system. Some of its operative areas include: sales, finance, e-commerce, warehouse management, purchase, HRMS, CRM and inventory management.

The implementation of ERP with the objective of improving manufacturing productivity is a vital requirement in the industry, today. To ensure the enhancement and seamless business management through advanced ERP systems are sure to provide invaluable benefits to manufacturers who seek cost reductions, growth management, enhanced efficiency and robust process that are streamlined with the objective to gain a competitive business advantage. Some of the benefits of implementing an effective ERP system that are aligned to the business goals are as follows:

• Stay ahead of competition
• Save money
• Enhance productivity
• Increase growth
• Improve people skills
• Ensure mobility
• Augment business intelligence

Despite the benefits of implementing robust ERP tools for the effective business management, the simple deployment of ay software won’t lead to the achievements of organizational goals. There are a lot of research and dedication that needs to go into ensuring right software for the business. And once the right ERP tool is integrated, the results are sure to follow.

The Key Compliance Features of Cloud ERP for Chemical Manufacturing

chemical manufacturing
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This article was published on: 1/03/17 5:33 AM

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The Key Compliance Features of Cloud ERP for Chemical Manufacturing

The delicate task of doing the balancing act between the pitfalls of adhering to these standards and retaining a competitive edge needs to be carried out with utmost care. A good cloud ERP for chemical manufacturing facilitates this process and helps companies to progress smoothly in this quest. Compliance costs are reduced and the business becomes more viable as well as profitable. Automation of the complex compliance procedure helps companies achieve this goal with finesse. This also allows managers to focus on matters that matter more like errors creeping into the data captured. Read on to know of the 6 features that your cloud chemical manufacturing should have.

 
The stringent compliance standards expected from chemical manufacturing companies are making it increasingly difficult for companies to retain their competitive edge. The host of legislations in place on a national as well as global scale present a conundrum to companies in this sector. Companies must already be well acquainted with legal bindings like SARA Title III, OSHA Hazard Communication Standard, the REACH legislation of the European Union.
 
You should be able to trace product ingredients as well as the final output with precision in both the backward and the forward lot. The ERP for chemical industry should be able to accommodate instructions for operation and technical sheets as defined by the end user. Control over the sub-lots and lots are also highly desirable.
Another wanted feature is audit trails where the process of obtaining, using, managing and securing the data is clearly demonstrated. Archives of data of previous years are also important, so keep that in mind.
Make sure that the internal workflow is secured by digital signatures. This ensures compliance with a number of audits. Make sure the digital signatures are linked permanently to objects and there is no way for them to be manipulated.
 
Processes linked to quality control need to be integrated intototality and the whole paperwork involved with the activity needs to be automated. Key terms to keep in mind as far as this feature is concerned are enforcement of inspection results at all of the vital points, orientation through rules etc.
 
Make sure your system is flexible enough to accommodate both digital and scanned signatures, as and when required. For documents like analysis certificates and technical sheets, this is a matter of utmost necessity.
Make sure that your ERP provides advanced security features in order to prevent unauthorized access of and use of the system both externally in addition to internal sources of attack. Your system should log you off automatically after an amount of time has passed. All activity of users should be recorded in appropriate logs and the system should block the user after too many loginattempts that fail.
 
These are just some of the features that should be kept in mind. There are many more that you will need in your daily activities. Be sure to check out the demo of Expand ERP which provides many advanced security and compliance features of ERP for chemical manufacturing.

The Essential Features of an ERP for Manufacturing Industry

manufacturing industry
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This article was published on: 17/02/17 6:53 AM

Home > Blog > ERP for Manufacturing Industry

In case you are on the verge of taking a call on whether to implement an ERP system for your business or simply thinking in terms of up gradation of existing systems, it is easy to be bewildered by the plethora of options available. This holds true especially for ERP for Manufacturing Industry as this segment is catered to by a number of players.
 
 But all things not being equal, it is only natural that some ERPs will tend to suit your business activities more than others specifically when you consider particular fields in which the activity of manufacturing takes place. You need to pay attention to how the ERP looks after the control of production, how it enables adherence to stringent levels of quality. It should also effectively manage inventory and materials. Comparatively larger business may have a number of plants and operate from several sites. Do consider process manufacturing vis-à-vis discrete manufacturing. Your ERP needs to effectively govern all of these.
 
The manufacturing sector in India is projected to reach the US $1 trillion by the year 2025. It is expected that 25 to 30 % of the GDP of the country would come from manufacturing and would create about 90 million jobs. So, manufacturing is a sector that has a largepotential for your business. And to optimize your operations you need an ERP. Here are the essentials you want in such a software.
 
Shop Floor Control or Management
 
By virtue of shop floor control, you get a database of all the activities going on,on the shop floor in real-time. Such activities are inclusive of new work or work in progress and work that has already been completed. Throughout the variety of processes undergone during the manufacturing, you get real-time feedback that enables you to respond promptly to emerging issues.
 
MRP or Materials Planning and Costing
 
This lets you forecast or schedule products. It comes up with a comprehensive material plan which gives you detailed information on the quantity and the delivery schedule of all the necessary components.
EDI or Electronic Data Interchange
 
This digital process facilitates the invoicing processes, order entry and even goes to the extent of looking after the shipping notice process with granular precision. Conventional filings and forms in the paper medium are made obsolete. Transmission of data is made instantaneous rather than through the mail.
Management of Quality
 
By management of quality, manufacturers are able to keep an eye on the quality of products produced by the process of manufacturing.
 
Kanban or Lean
 
These terms refer to the system of communication that regulates the shop flow and keeps the production levels and customer demand in sync with each other.
 

Manufacturing ERP modules have numerous features that cater to the diverse needs of a manufacturing business. The list of features above does not form a comprehensive overview but only formthe barebone must-have features. It is quite probable that your manufacturing niche absolutely needs a feature not mentioned above. Do your own research and remember the keyword of Caveat Emptor or Let the Buyer Beware.