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ERP SOFTWARE MUST HAVE FEATURES FOR MANUFACTURING BUSINESS - TECHNAUREUS

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ERP SOFTWARE MUST HAVE FEATURES FOR MANUFACTURING BUSINESS - TECHNAUREUS

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  1. ERP SOFTWARE MUST HAVE FEATURES FOR ERP SOFTWARE MUST HAVE FEATURES FOR MANUFACTURING BUSINESS MANUFACTURING BUSINESS

  2. Manufacturing ERP Manufacturing ERP 1. When it comes to manufacturing businesses, ERP solutions are an integral part of it. 2. Different types of manufacturing ERP systems are made for different types of manufacturing. 3. Each of them meets different needs, just as each manufacturer meets different market demands. 4. Just because that's manufacturing ERP software won't guarantee all features that a manufacturer needs. 5. The right thing is to select a tailor-made, industry-specific or a vertical-based ERP.

  3. Why is ERP needed for Manufacturers? Why is ERP needed for Manufacturers? ●To automate and streamline business processes ●To responds to market conditions quicker ●To enhance decision making ●To provide enhance customer satisfaction ●To reduce overhead costs ●To empower all manufacturing data, into one-single databas ●Enhanced control over inventory ●Improved on-time delivery of products

  4. MUST HAVE FEATURES FOR MANUFACTURING MUST HAVE FEATURES FOR MANUFACTURING BUSINESS BUSINESS 1. Bill of Materials 1. Bill of Materials The production bill of materials is the framework of your finished good, outlining the components and quantities you need for production, including raw materials, resources, and routing stages.With a direct link to production scheduling, inventory, purchasing, sales, and finance, the BOM provides other departments with a clear understanding of production costs and profitability. 2. Production Management 2. Production Management The perfect ERP software can make your all production process well organized. From releasing production orders to the floor, to issuing raw materials, tracking labor and machine runtimes,defining batch and serial numbers, and receiving completed goods into inventory – ERP software helps you automate operations.

  5. 3. 3.Inventory Management & Planning Inventory Management & Planning One of the biggest problems facing manufacturing companies is maintaining ideal inventory levels to support production capacity . Along with tracking the raw materials required for yourmanufacturing operations, you must also track the finished goods you produce. To make sureyou have the right levels of both based on demand, the two functions needed to be closelysynchronized. 4.Purchasing & Supply Chain Management 4.Purchasing & Supply Chain Management With the MRP functionality providing information on what to order and when your purchasing team will be primed to execute more quickly. Your ERP system should also provide tools that assist purchasers manager their day-to-day interactions with suppliers. You can stay on track by doing something as easy as tracking supplier requests for quotes. Your ERP system should also track incoming orders for raw materials and send out reminders to follow up with suppliers so you can proactively adjust your production schedule in case of delays.

  6. 5. Inventory Management & 5. Inventory Management & Planning Planning One of the biggest problems facing manufacturing companies is maintaining ideal inventory levels to support production capacity . Along with tracking the raw materials required for your manufacturing operations, you must also track the finished goods you produce. To make sureyou have the right levels of both based on demand, the two functions needed to be closely synchronized. Look for an ERP system that provides Material Requirements Planning tools to help you calculate and plan your inventory levels. So you can create finished goods on time, every time.MRP looks at sales demand, product lead times, resource capacity, minimum inventory levels,and sales forecasts to predict product demand. Then the system generates the requiredpurchase orders for raw materials and creates production orders. If you’re currently managingthis operation manually, ERP software will change the game, helping you manage inventorymore productively and with a lot less manual effort.

  7. +91 9746 44 46 78 info@technaureus.com KSITIL Special Economic Zone, Unit No.2E Second Floor, Sahya Building Govt. Cyberpark, Nellikode PO,Kozhikode, Kerala 673016 For more details, For more details,

  8. THANK YOU

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