Process manufacturers from many industries can improve their productivity and profitability by using ERP software. Fully integrated ERP software links a company’s data and helps to organize the entire manufacturing process.
ERP software allows for the sharing of real-time information between many departments and provides company leaders with a single source from which to access company-wide data. There are a number of areas where ERP software is particularly useful.
1. Manufacturing: Using ERP software to manage the manufacturing process allows all of your important data to be accessed in real-time. This helps in eliminating costly errors, speeding up production and greatly minimizing the possibility of production delays.
ERP software tracks available inventory, orders and the production process. It also allows for production planning and keeps histories of past product runs. Recipes and formulas can be created and managed using the same software.
2. Inventory: ERP software allows manufacturers to track their inventory from the time that it’s ordered until it’s delivered to the customer in its new form. Production planning is simplified by having a clear picture of the amount and types of raw materials that are available. ERP software also facilitates the ordering of necessary supplies.
An inventory system helps track important details about the raw materials such as lot numbers, serial numbers and production line information. This helps manufacturers meet recordkeeping requirements and is invaluable during a recall or audit. ERP software also allows the manufacturer to run detailed reports.
3. Quality: Integrated quality control systems help manufacturers ensure they are providing high quality products to their customers. Quality is tracked throughout the production process. ERP software allows for mid-run quality checks making it possible to correct errors as they arise instead of finding them later.
If there is a problem during production, ERP software can keep a history of which materials and equipment were used. This information allows for adjustments to be made in the future.
4. Sales: ERP software helps organize the sales process. The support begins with customer resource management functionality allowing sales teams to keep detailed records about customer contacts, including who was contacted, when they were contacted and the result of the sales call.
The software will also assist with creating quotes and doing order entry. Because the ERP software is fully integrated, each sale can be followed from the point of initial contact through delivery to the customer.
5. Financials: ERP software makes it easier for manufacturers to effectively manage their financials. The core software may include: a general ledger, accounts payable, accounts receivable and purchase orders. Past, current and future transactions can be entered anytime. Entering future data gives manufacturers the ability to do cost forecasting for future jobs.
Since ERP software is fully integrated, manufacturers can keep a close watch on the financial health of their company. It is designed to simplify recordkeeping while allowing tighter process controls and more robust reporting.
Written by Karly J. Peters, Marketing Manager at ProcessPro.
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Learn more by registering for our joint webinar with ProcessPro, Tips for Selecting the Right Batch Process Manufacturing ERP for Your Organization.