ERP Software For Manufacturing Industry

Views:
 
Category: Entertainment
     
 

Presentation Description

This is about Benefits of ERP software for manufacturing Industry

Comments

Presentation Transcript

ERP Software For Manufacturing Industry:

ERP Software For Manufacturing Industry Noetic Systems Pvt Ltd www.noeticsystems.co.in

What is ERP:

An ERP system is an attempt to integrate all functions across a company to a single computer system that can serve all those functions’ specific needs. “ Integration ” is the key word for ERP implementation. What is ERP

What is ERP:

It may also integrate key customers and suppliers as part of the enterprise’s operation. It provides integrated database and custom-designed report systems. It adopts a set of “best practices” for carrying out all business processes What is ERP

What is Enterprise Resource Planning (ERP)?:

ERP is an integrated computer-based system used to manage internal & external resources including tangible assets, financial resources, materials & human resources of an organization What is Enterprise Resource Planning (ERP)?

MANUFACTURING INDUSTRY – KEY CHALLENGES:

Achieving Growth & Profitability while meeting customer expectations against competition Continually strive for following to grow & be profitable Reduce Production & Supply chain costs Improve Process efficiencies & Product quality Satisfy an avalanche of Customer demands & Regulatory requirements Drive to optimize manufacturing processes in order to increase agility & to ride the efficiency curve to serve the customer better Other Key Challenges Better Customer Service Business Integration On-time Delivery MANUFACTURING INDUSTRY – KEY CHALLENGES

BENEFITS OF ERP SOFTWARE:

Automate & Streamline Business Processes with Greater Adaptability Align key business processes in planning, design, development, procurement, inventory, manufacturing, sales & delivery Match overall supply with demand and manage all resources & assets along the entire value chain Respond quickly to Changing market conditions Use integrated, real-time sales & operational information to accurately anticipate, plan for & respond to orders and new demand, as well as reduce forecasting errors Model production capabilities, quickly share engineering information & adjust product mix for changes in demand to capitalize on new opportunities Support compliance with regulatory requirements, including safety & environmental regulations, by quickly validating manufacturing processes while conforming to individual markets requirements Decision Making on Strategic Business Insight Rich out-of-the-box analytical performance measurement tools hone the strategic planning & monitor the overall health of the organization 360-degree visibility on accurate forecasts, effective budgets, proper resource allocation & goals Combine operation & financial analyses to optimize day-to-day operation BENEFITS OF ERP SOFTWARE

BENEFITS OF ERP SOFTWARE:

Enhance Customer Satisfaction Delivering products on time with high quality Faster time to market, higher-quality products & accurate information provided to customers Improve Productivity Collaborate across business functions to consolidate information, align strategies & standardize operational processes Increase information worker productivity through realistic, appropriate business roles Increase adaptability to process changes by enhancing existing skills & assets with real-time information Fuel efficiency & Reduce risk across the entire organization Standardize processes & easily share best practices Support multiple manufacturing modes & a hybrid or mixed-mode environment Reduce time across the Order Process Cycle (Quote-Order-Delivery) there by reducing the loss risk Gain insight into Costs & Process efficiency Analyze & manage production schedules with reporting tools & “what-if” scenarios, including capacity loading, shop floor activities & production costs View real time client, contract & project details for an accurate accounting of profitability BENEFITS OF ERP SOFTWARE

BENEFITS OF ERP SOFTWARE:

Manage Demand Pro-actively Trace expected to actual sales & forecast future sales while taking into account seasonal & promotional effects Use simulations, demand models & error analysis to determine optimal stock levels for better profit & operations margins Expand Sales Success Monitor market demand & meet margin objectives through effective promotions Increase capacity to evaluate product turnover in response to campaign & align production & inventory accordingly Improve Customer Service Enhance the security & reliability of deliveries with the global available-to-promise (ATP) view, which provides delivery alternatives in the event of unexpected disruptions Automate sales & purchasing processes, track & locate inventory items quickly & help ensure accurate pricing & discounts to improve customer satisfaction Deep visibility & control over the supply chain, increase order fill rates, reduce risk of stock out or inventory excess & enhance overall responsiveness to customers BENEFITS OF ERP SOFTWARE

BENEFITS OF ERP SOFTWARE:

Increase Revenue Higher profit margins by automating & streamlining all business processes resulting in reduced operations costs through adherence to better business practices Improved cash flow by more efficient & accurate billing procedures, lower inventory levels & quick turnaround New opportunities identified through continuous, real-time monitoring of KPIs Opening up new sales channels like e-commerce Reduce Operating Costs Decreased overall operating costs by converting time-consuming manual processes into automated, streamlined, real-time business process management Lower transportation costs through consolidated orders & combined shipments Reduced warehouse costs from optimized utilization of resources & assets Reduced cost of sales from use of profitable sales interaction channels Sustained cost savings for all spend categories due to a standard approach to both strategic & operational procurement Reduced IT costs because administration & usability have been improved, fewer interfaces are used & IT resources have been freed up to focus on value-adding strategic projects Lowered TCO (total cost of ownership) by leveraging technology for facilitated exchange & interoperability with non-ERP systems BENEFITS OF ERP SOFTWARE

BENEFITS OF ERP SOFTWARE:

Increase Visibility & Simplify across the Supply Chain Process Empower users with real-time data through a user-friendly interface & Role centre that provides access to tasks & critical Business Intelligence data such as KPIs & custom reports Exchange data across multiple systems & gain visibility into business processes to improve decision making & control at every level of the supply chain Connect inventory, production, purchasing & sales processes to gain accurate, real-time view of the entire supply chain. Improve collaboration with trading partners with support for a wide range of predefined XML business documents Reduce Cost by optimizing supply chain processes Improve productivity, adapt internal processes quickly to meet new demands & optimize processes across sites in the supply chain Better Collaboration with all Supply Chain Partners Enhance collaboration among departments, customers, suppliers, business partners for a significant improvement Integrate partners of all sizes to release data throughout the chain that’s accurate, complete & available up to the minute Costs reduced, processes speed up & smooth flowing operations throughout the supply chain BENEFITS OF ERP SOFTWARE

BENEFITS OF ERP SOFTWARE:

Demand Driven Supply Chain Approach can help Maintain competitive edge Integration of supply chain processes with other business processes e.g. Sales & Operations Respond effectively with a comprehensive, cross-functional view of the company, better understanding of customer needs through downstream data analysis & effective collaboration between trading partners Control & Streamline Inventory Use powerful inventory management tools to improve forecasting & planning, match supply with customer demand Create sales & purchasing forecasts based on specific items & time periods Meet Complex Inventory requirements Create multi-dimensional inventory records & track items throughout the supply chain for online & accurate inventory status Enhance Material & Product Traceability Implement effective recall procedures & maintain complete forward & backward traceability of any material Track materials from purchase through production & sale with lot & location control BENEFITS OF ERP SOFTWARE

BENEFITS OF ERP SOFTWARE:

Integrate Design innovation into Manufacturing Shorten time to market for product innovation by integrating design & manufacturing processes & collaborating effectively with suppliers, partners & customers Support a wide range of Manufacturing processes & Business models Tailor the solution to serve make-to-stock, make-to-order, assemble-to-order, configure-to-order, & engineer-to-order environments Manage items from design through assembly, testing, shipping, installation & maintenance Meet specific customer needs by configuring build-to-order items easily & effectively Help efficiently produce & deliver products that follow custom formulas or recipes & take full advantage of manufacturing & supply chain capabilities Empower to streamline, monitor & control the entire production cycle Improve Project management for customized orders Create estimates & quotes quickly & accurately Forecast machine & resource requirements for strategic scheduling & precise delivery times by analyzing project cost & order processing time BENEFITS OF ERP SOFTWARE

BENEFITS OF ERP SOFTWARE:

Increase Productivity with a Role-Based Solution & Centralized Information Provide empowering self-service & role-specific information that increase user productivity Personalize portal to meet business users specific needs Manage centrally the critical documents (e.g.) BOM, routing data, CAD designs, recipes, project plans & item information Streamline Integration with Web services Improve integration within & Outside the organization by using a flexible Web services framework Maintain high production levels & on-time delivery rates by sharing portal-based, real-time information about specifications, order status & quality control testing among key departments & trading partners BENEFITS OF ERP SOFTWARE

Top Reasons for Software Purchases :

Top Reasons for Software Purchases

Slide 15:

For more visit Noetic Systems Best ERP software development company India www.noeticsystems.co.in

Slide 16:

Thank You

authorStream Live Help