Manufacturers face various challenges every day. Some of the challenges may vary from one manufacturer to another. However, there are many common problems facing all manufacturers alike. Some of these issues can be addressed or completely eliminated by implementing a top erp software for manufacturing.
Here are the Top-5 manufacturing problems that can be solved by using an ERP:
Without an ERP system, manufacturers have to manually enter inventory numbers into Excel spread sheets. Manual data entries bring inaccuracies while trying to keep track of raw material lot numbers used in multiple finished goods and shipped to numerous customers. Top ERP software for manufacturing system offers both forward and backward lot tracking where information can be accounted for from the beginning till the very end of the process.
Maintaining the right quantities of the correct inventory ensures the supply adequately meets the demands of your customers. Inventory management in an ERP system provides manufacturers the transparency and inventory counts needed for improved Production Planning. The system accounts for the inventory starting with a customer’s Sales Order and any shortages are flagged immediately.
As manufacturers continue to expand their businesses into new geographies, it becomes more complicated and difficult for them to ensure statutory compliance with local and international laws and regulations. Manufacturers are subject to regulation from the Food and Drug Administration, the Environmental Protection Agency, and various other regulatory organizations. These regulatory guidelines are intended to protect the consumers and the environment from potential hazards and, if violated, it has the potential to severely damage a company’s reputation. Top ERP software for manufacturing helps businesses avoid expensive compliance delays by automating and standardizing best practices as well as maintaining an audit trail that allows for up to date and immediate compliance information. By automating Quality Control (QC), manufacturing organizations not only make certain that their goods and materials are regulatory compliant, but also ensure enhanced customer satisfaction.
Human errors occur during manual data entry and can adversely affect the productivity of the entire organisation. Also, assigning resources for these non-productive activities are an unnecessary expenditure to an organisation. An ERP system eliminates human error and saves both cost and resources for the organisation. An ERP system provides access to accurate data which includes current inventory levels, sales forecast, WIP, Production Capacity Utilization, etc. which will allow the organisation to plan and schedule their future operations yielding the best possible results.
Material Requirement Planning is a critical part of an integrated ERP that addresses the challenges of resource management. It helps in optimum utilization of the manufacturing capacity, components, material resources, and parts by utilizing sales forecasting methodologies and historical production data. With proper MRP, you can reduce cash flow and increase profitability. This is made possible by calculating the optimum production schedule using sales forecasting, bills of materials, open orders, inventory status, and master production schedule.
ebizframe Top ERP software for manufacturing is a robust Enterprise Resource Planning System with modules available for Materials Management, Production Planning & Control, Finance & Accounts, HR & Payroll, etc. It is a mature ERP System being used by 30,000+ users globally.
For more information on how ebizframe Top ERP software for Manufacturing can enable you to seamlessly automate your manufacturing enterprise, please write to us at: marketing@ebizframe.com.
