Benefits of ERP to The Manufacturing Industry
Easy forecasting and reporting
Many manufactures have faced the horror of an unexpected demand for a particular item. An ERP system helps avoid these situations by generating forecast and sales reports based on past inventory transactions. This avoids the clutter of excess inventory and the horror of an out-of-stock situation.
Plus, end-users can run their own reports without relying on the IT team to predict future demand and material requirements. User-friendly modules are easy to read and eliminate the risk of error.
Enhanced decision making
Any choice short of reliable data is a guess – not a decision. An ERP system will collect and sort every piece of essential data into a single location for real-time, up-to-date information. Increased insight, visibility, and control will give your manufacturing business the confidence you need to make trusted decisions.
Improved productivity
With the ability to manage schedules, streamline financial operations, oversee sales processes, produce real-time data, reduce data errors, ensure prompt communication between employees, and make data easily accessible to all, your manufacturing business is guaranteed to save time and money.
Reduced costs
A modern ERP system will reduce overall operational costs as manual, time-consuming processes are replaced with automated, streamlined processes and real-time information. Ultimately, you will see a reduction excess inventory and warehousing costs with the ability to accurately track inventory.
Quicker response to market conditions
Real-time data provided by the ERP system helps key decision makers estimate, plan, adjust and respond to the never-ending market changes. System generated reports are presented on a regular cadence to assist with the understanding of market demands and capitalize on consumer purchasing trends. These detailed insights will reduce forecasting errors and capitalize on new opportunities for your growing manufacturing business.
Automate and streamline business processes
An ERP system will streamline all of your daily business processes by maintaining real-time data in one centralized location with complete visibility in all functionalities. End-users will have the ability to monitor production stats without the assistance of an additional team member.
The ERP system will automate business processes for a reduced dependence on manual processes. This automation will accelerate your production process, minimizes the probability of errors, and improves profitability.
Improved customer relationships
Today’s consumers expect immediate feedback on their purchases and on-time deliveries. An ERP system will provide your manufacturing business with accurate production plans, inventory control, streamlined scheduling, and coordination with distribution channels for on-time delivery. Add in faster delivery, better quality control, a stronger grip on inventory, and your customers are sure to increase their loyalty.
Integration with supply chain
Integrated ERP systems offer strong supply chain management resources to optimize the inflow and outflow of material, and distribution requirements for centralized purchasing locations and multi-warehouse distribution channels.
Increased data security
With the increasing pressure to secure and protect data, software developers are constantly searching for security issues. Data exposure can produce catastrophic financial repercussions and cause damage to your reputation. While new software improvements are constantly being made in modern ERP systems, outdated legacy systems are not being actively checked for security breaches.
Robisearch Limited is an open source ERP system which is suitable for any organization. We offer excellent ERP system for your manufacturing industry that supports a wide variety of manufacturing process such as material control, delivery, production, planning and so on. To know more or avail our services kindly reach us on 0716413386 or 0780655987.