ERP Solutions for Manufacturing Industries in India

ERP solves major problems in manufacturing industries
This is how ERP software solves major problems in Manufacturing Industries
  1. Procurement Process Management: This is a business process related to the procurement of goods and other needs in order to sustain. Procurement simply means getting goods and other needs from the best suppliers at the best possible price, which makes it important to get done in the most efficient and cost-effective manner. Not only raw materials but also includes spare parts, machinery tools, and other equipment. ERP helps organizations to streamline the procurement process and achieve desired results by saving time, reducing cost, and maintaining win-win relations with suppliers.
  2. Production Planning: Production Planning is crucial for efficient production. Production planning is the allocation of raw materials, workers, and workstations in order to fulfill the manufacturing orders on time. Handling few orders on spreadsheets is easy but when it comes to handling large manufacturing orders, complexities increase and require proper management. With the help of ERP software, manufacturing units can plan the procurement of raw materials based on the number of finished products to be manufactured. It also helps the organization in sales forecasting and makes it easier for them to get all the resources available for upcoming orders.
  3. Quality Control: In manufacturing, quality control is a process which ensures customer receive products with high quality which meet their need. In these times, product quality has become much more important for manufacturers than ever before. When a customer gets a high-quality product that fulfills their requirements, it will help organizations increase customer loyalty, gaining repeat business, business from referrals, and maintaining & improving their position in the market. It all starts and ends with data. With the help of good ERP software, organizations can collect and organize accurate data from internal units as well as suppliers and customers. By using this data in a proper manner, manufacturers can ensure good quality products.
  4. Inventory / Stock Management: Inventory management is a very crucial factor for the success and failure of the manufacturing industry. Insufficient inventory can disrupt the production system and excessive inventory can cripple the cash flow of the organization. It is very much important to maintain a good management system for inventory/stock. Inventory includes raw material, work in progress, and finished goods. ERP software can give accurate and real-time updates of all the raw materials available, work in progress, and finished goods ready to be sold through a centralized system between all the departments which makes it easier for manufacturing units to maintain stock.
  5. Warehouse / Storage Management: Having a solid warehouse management system is very important for manufacturers to become successful. Warehouse management is a process of optimization of warehouse operations from the entry of the inventory into a warehouse until it is moved or sold. It helps manufacturers know about how much inventory they have and where do they have this inventory. With the help of ERP software, manufacturing units can integrate warehouse management with manufacturing which will ultimately help them in increasing the traceability of their products and reducing the manufacturing gap.
  6. Supply Chain Management: Supply chain management is the management of the flow of goods and services including all processes transforming raw material into finished goods. It includes everything from procurement, production, stock management, warehouse, and logistic management. ERP helps manufacturing industries in managing the supply chain by making a centralized streamlined system from all departments. This eliminates the error of data duplicity and boosts efficiency at all levels and departments. With ERP software, it becomes very easy to manage such complex tasks.
  7. Sales & Marketing: Properly managing your sales pipeline is very critical for the success of any business. Global markets and competitions are making sales management very complex. An organization cannot rely on spreadsheets for maintaining its sales pipeline in these modern times. With the help of ERP tools like CRM, manufacturing industries can manage and maintain good relations with their customers and ensure quick responses with timely follow-up at every level of the sales pipeline. This way, with the help of this data, an organization can make their marketing strategies as per the consumer's behavior and ensures the better performance of their product.

List of ERPs for Manufacturing Industries

--

--

--

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Everything Silicon Valley Needs to Know About the Oil Crash

A view of the Rosneft oil rig drilling the first exploration well in the Khatanga Bay as part of the East Taimyr oilfield.

Honesty and Integrity in Business | Timothy P.

Self-driving as a Service

📍 Pinterest is Losing Millions of Users!

Zocdoc Announces $150 Million in Growth Financing from Francisco Partners

Female Disruptors: Raquel Origel of Inanna Manufacturing On The Three Things You Need To Shake Up…

Financial Statements Analysis of Cardinal Company

10 Best PEO Companies

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Abhilash Bhatia

Abhilash Bhatia

More from Medium

Best Appointment Scheduling Software For Small Business

How To Develop Your Own Food Business Mobile Ordering Software

5 Key Lessons to Build a Successful Small Business

How to be a Good Team Player? [5 Tips for Becoming the Best Coworker]