ERP Software For Manufacturing Industry

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This PDF is about Benefits of ERP software for Manufacturing Industries

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Noetic Systems Pvt Ltd www.noeticsystems.co.in

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 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.

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 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

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 ERP is an integrated computer-based system used to manage internal external resources including tangible assets financial resources materials human resources of an organization

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 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

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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

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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

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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

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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

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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

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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

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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

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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

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

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Thank You

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