4 Line-of-Life Features your Manufacturing ERP Solution should have
Business and enterprising are complex tasks for these require a balancing of innumerable dimensions so as to move through and usher profits. The business management theorists have conceptualized the significant dimensions which are very fundamental for better decision making and execution of the plans. While they were hugely successful in ensuring the efficiencies, the economy has continuously moved forward and has assimilated newer paradigms, parameters, and dimensions of relevance. The search for these new factors, therefore, continues towards better business! Some notable interventions have offered fine catalysis and ERP software is one among them. ERP or ‘enterprise resource planning’ is a specialty category of software development that involves custom programming of the smart functions so as to synergize the business and enterprise operations for enhanced efficiencies. ERP software for manufacturing industry in India is offered towards efficient management of the resources and prevention of wastages and leakages so that profits could be optimized.
Towards these initiatives, ERP solution providers in India have developed specialty suites for various verticals in the manufacturing sector. However, the experts count the following 4 attributes that are common to every manufacturing oriented ERP.
- Raw materials tracking and management
Manufacturing begins with the raw materials and every manufacturer has to efficiently manage the same if the viabilities are to be maintained. ERP software for manufacturers in India are being made with the essential functions for smart management of raw material(s) concerned. It should be stated that the raw materials differ from vertical to vertical and hence the ERP needs to be customized!
Raw materials management involves different stages like –
- Requisitioning from the supplier
- Storage of the material
- Recording the attributes for the purpose of quality and suitability
- Supply of raw material to the manufacturing lines
- Maintaining the dynamic record of buffer stock
- Inventory management
Inventory management is closely associated with the manufacturing process, especially in those industries where the final product is accomplished through successive stages and each stage generates an intermediate that is utilized in the next stage. A manufacturing enterprise cannot succeed if it mismanages the intermediates. A custom built manufacturing ERP eases the management of the process intermediates in a differentiated manner. Apart from ascertaining the quantity at each stage, the quality is also checked before feeding the intermediate to the next stage.
- Warehouse management
Warehouse management relates to the tasks involved in the storage and safe custody of the finished produce in the warehouse of the company. The end to end activities also includes checking for the quality (which must meet the set standards), checking the overall produce and other parameters relating to the physical housing of the same in a safe manner.
- Quality control
Quality control is integral to any manufacturing process and without a proper quality assessment system, the enterprise will lose in the competitor’s race. A custom made ERP takes care of the quality parameters throughout the manufacturing cycle. ERP solution providers in India are catering to the specialty manufacturing verticals and helping the firms develop core efficiencies.