ERP for Industrial Manufacturing sector

June 26, 2009 - PRLog -- Efficient, predictable and more profitable
 
ERP for Industrial Manufacturing sector

Complex equipment manufacturing organizations comes under Industrial Manufacturing sector, which is very technology and price  sensitive market. Needless to say the challenges faced by this sector for the steady business process are numerous.

As it is known that manufacturing is based on customer specification in Make to Order situation and translating customer specification into bill of material and bill of routing is a big challenge. There are even separate departments have been set up in some organizations to handle this activity. The ERP system have configured to order (CTO) functionalities where the design rules can be configured. It will be geared to handle any amount of complexity in design rule. Once the customer specifications are put into the system, the same should be automatically transformed into bill of material and routing.

Manufacturing industries have a strong requirement for analyzing at the quotation stage. Normally the customer specifications are complex and lead time for manufacturing is high. It is a big challenge to quickly quote the right price and promise the delivery date based on material and capacity availability. The ERP system will greatly help in this regard. Since design rules can be configured through the ERP system, it will be possible to quickly translate customer demands into manufacturing requirements and hence, reduce the cost of making the product. Also it will help in keeping the due dates to the customers based on organization capabilities.

Since technologies are changing at a fast pace, the customers demand short delivery times from the Original Equipment Manufacturer (OEM). It is a real challenge to provide customer specific products at a short notices. The ERP system should be able to handle hybrid manufacturing scenarios (mix of make to stock and make to order) where they will take advantage of making the final product using Make to Order Scenarios (MTO) and reduce total time for delivery using the strong planning features of Make to Stock (MTS).

The technology sensitive market requires close collaborations between vendors, contractors and subcontractors at the design level. Design level collaboration between different parties using the B2B interface of the business application will be of special help. Without use of sophisticated ERP systems, such collaboration cannot be effective.

The management of spare parts is also important. Spare parts are characterized by both Independent and Dependent demand. While the former coming directly from the market and the later from the manufacturing of the final product.

These scenarios are normally characterised by strong after sales service. ERP systems can really help in devising the service schedules, collating the service information from the market and providing the same as feedback to the design and manufacturing department, quick diagnosis and rectification of faults through knowledge management and managing after sales contracts with customers.

The whole process of manufacturing has to be taken up as a project with demand pegging throughout the manufacturing structure. This indicates there is a strong need of information exchange across the manufacturing project and at all levels.

Modules at a glance

Eresource ERP for Manufacturing industry consists of following modules.

Sales and Distribution Management
This Module comprises of Contact Management and Sales Order Processing Management. It is an integrated solution comprising of  marketing and sales activities. Organization can act immediately to improve sales, service and marketing effectiveness by using this  Module. Eresource Sales Management module is all about retaining customers, improving customer loyalty and gaining customer  insight

Purchase Management Module
Purchase Management module in eresource ERP streamlines procurement of required raw materials, packaging material, sub  assembly and other non-inventory materials. It automates the processes of identifying potential suppliers, Supplier Evaluation,  Supplier Quote Evaluation, awarding purchase order to the supplier, and billing processes. Purchase module is tightly integrated with  the inventory control and production planning modules.

Manufacturing, Planning and Control
Manufacturing, Planning and Control Module in eresource ERP optimizes the utilization of manufacturing capacity, parts,  components and material resources using historical production data and sales forecasting.

Total Quality Management Module
eresource ERP Quality Control Module not only monitors quality by control plans in purchasing and manufacturing but also provides  real-time process capability index for quick review. Quality Control in eresource facilities are versatile and offer support for every  phase of your operations, from receipt and acceptance of raw materials, through production of intermediates, to inspections of  finished goods before shipment to customers.

Inventory and Material Management
Inventory Management Module in eresource ERP provides a powerful and flexible set of features to help you manage and report your  inventory information. eresource Inventory Management facilitates processes of maintaining the appropriate level of stock in a  warehouse. The activities of inventory control involves in identifying inventory requirements, setting targets, providing replenishment  techniques and options, monitoring item usages, reconciling the inventory balances, and reporting inventory status.

Plant and Machine Maintenance
The time has changed, machine breakdown and idle repair is no more accepted practice. The plant maintenance module in eresource  ERP provides an integrated solution for supporting the operational efficiency. The plant maintenance module covers all equipment /  machines of the plant.

Excise Management
The Excise module in eresource ERP will enable the organization to ensure Excise compliance to manage all transactions of Sales,  Purchase, Production, Warehouse Transfer etc., This module will help the organization fulfill its statutory requirements according to  latest government regulations.

Human Resource Management
Human Resource module in eresource ERP streamlines the management of human resources and human capitals. It comprises of  four broad sections, mainly Training, Recruitment, Payroll and Attendance. HR module in eresource routinely maintains a complete  employee database including contact information, salary details, attendance, performance evaluation and promotion of all employees.

Finance Resource Management
Finance Resource Management in eresource ERP gathers financial data from various functional departments and generates valuable  financial reports such as Balance Sheet, Trial balance, General Ledgers, Quarterly Financial Reports, Account Statements, Gross  Profit Analysis, Cost Center wise Analysis, Branch wise Profit Analysis, profitability report, Asset and Depreciation Management,  Tax Management, ABC Analysis and many more.

For more information kindly visit http://www.eresourceerp.com/ERP-for-Industrial-Manufactur...

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eresource erp is a global information technology company which provides erp solution that meet the strategic objective of our clients spanning a range of verticals - Insurance, Pharmaceuticals, Retail and Distribution, BPO and Logistics.