WHY YOUR MANUFACTURING COMPANY NEEDS ERP?
Whether you’re a manufacturer looking to replace outdated software, switch to a new provider, or you’re just starting out on your ERP journey, selecting and implementing a broad-reaching system can feel like a high stakes commitment.
ERP for Manufacturing
Manufacturing enterprise resource planning (ERP) is a software solution designed to help manufacturers digitize and automate your business operations. So you can run your enterprise more efficiently, save time and money, and increase your accuracy and speed of production.
One of the major reasons that manufacturers invest in ERP technology is to leverage more data, to manage critical aspects of the manufacturing process, utilize resources effectively and make stronger strategic decisions.
There are many different types of manufacturing ERP solution available on the market – we’ll talk about this in greater depth in a moment. However, most ERP platforms include a core set of features that support front-office, back-office and shop floor operations, including:
- Order management
- Inventory management
- Customer relationship management (CRM)
- Warehouse management
- Supply chain management
- Finance and accounting
Some ERP for manufacturing solutions will also include business intelligence (BI) reporting tools, to help you analyze performance and progress.
Industry-Specific Manufacturing ERP Solutions
They are process manufacturing ERP, discrete manufacturing ERP, and food manufacturing ERP. These are the most popular choices for manufacturing organizations, as they provide you with specific features needed to run your business efficiently. For example:
Process manufacturing ERP software includes formula/recipe management modules, to calculate and scale ingredient quantities for batch manufacturing control. Process ERP systems also include lot traceability, to support accurate labeling, industry compliance and quality control processes, and help with product recalls.
Discrete or industrial manufacturing ERPsoftware enables manufacturers to turn quotes and estimates into a bill of materials (BOM), to streamline the sales process and accurately match upcoming orders with component availability.
Food ERP software includes completes traceability tools, quality assurance capabilities, built-in compliance and food safety functionalities and inventory management features that reduce perishable food wastage. It also facilitates automated real-time data capture to ensure the integrity and accuracy of your records.
Benefits of Using Manufacturing ERP Software
Investing in ERP software enables manufacturers to improve scheduling, increase output and scale-up quicker than if your company is reliant on manual processes or legacy technology. Some benefits are
- Intelligent scheduling capabilities
- Accurate inventory management
- Standardized working processes
- Continual analysis and improvement