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erp for manufacturing company

Introduction – ERP for manufacturing company

Meeting always evolving demands and expectations of customers, managing authorized, maintaining up-to-date with aggressive industrial atmosphere, planning and stocking raw materials and manufacturing optimum high quality merchandise persistently are a number of the prominent challenges confronted by manufacturing corporations. ERPNext’s ERP Software for manufacturing addresses all these challenges with ease and supplies extremely scalable, characteristic wealthy, versatile to customise and quicker resolution for manufacturing sector.

ERPNext manufacturing administration system designed by Apagen to support a plethora of industry-wide manufacturing & assembly plants, processes and operations – Be it for discrete or process manufacturer.

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Key Challenges without ERPNext ERP for Manufacturing Company

  • Consistently attempt for enterprise challenges with the intention to obtain progress & profitability
    • Reduce prices of manufacturing & supply chain
    • Improve Process efficiencies & Product high quality
    • Satisfy evolving Customer calls for & Regulatory necessities
    • Meet Customers’ expectations towards competitors
  • Drive to optimize manufacturing processes with the intention to enhance agility & journey the effectivity curve
  • Other Key Challenges
    • Better Customer Service
    • Business Integration
    • On-time Delivery

Key Industry Requirements

Resource Planning

  • Effective Planning of all assets of producing enterprise
  • Operational Planning, Procurement Planning to reply “what-if” questions and extension of closed-loop MRP.

Production

  • Flexible Bill of Materials
  • Efficient Quality Control
  • Engineering Change Control
  • Control by way of Production Schedule
  • Plant Maintenance

Stock Movement

  • Procurement of Raw Materials
  • Quality Check at Receipts & Deliveries
  • Dispatch Management
  • Management of Semi-Finished & Finished Goods

Cost Control

  • Financial Audit
  • Cost Reporting & Control
  • Compliance with laws of the land

Solution

Sales & Distribution

  • Lead Management
  • Order Management
  • Order Dispatch
  • After- Sales Service
  • Customer Portal

Inventory & Procurement

  • Stock Planning
  • Stock Management
  • Inventory Audit
  • Sourcing & Purchasing
  • Receipts
  • Sub-Contracting

Production & Quality Management

  • Bill of Materials
  • Planning
  • Work Order Management
  • Quality Inspection & Tests
  • Acceptance & Rejection Analysis

Finance & Accounting

  • Receivables & Payables
  • Fixed Assets
  • Bank & Cash
  • Budgeting & Forecasting
  • Management Accounting
  • Bookkeeping & Closure
  • Consolidation & Reporting

Human Resources

  • Workforce Management
  • Recruitment
  • Talent Management
  • Employee Development
  • Payroll & Benefits

Our(ERP for manufacturing company) Solution for Sales & Distribution

Lead Management

  • Track the prospect from enquiry stage to closure to have interaction successfully with the prospect to make sure an enduring relationship.
  • Analyze the standard of your leads and pipeline when it comes to tickets size, lead sources, closure dates, conversion time and lots of more customized parameters
  • Set controls and automatic actions for opportunity administration actions to boost customer acquisition.

Order Management

  • Raise all forms of orders together with quotation-based, direct & consignment.
  • Track open deliveries, deliveries for present day and delayed deliveries.
  • Record the advance cost for orders on pro-forma bill.
  • Track Periodic Sales, Product movement, and Sales Person’s efficiency.
  • Obtain real-time info on prospects’ credit worthiness, pending deliveries, invoices and funds.

Order Dispatch

  • Dispatch Dashboard to see all deliveries in a single single view.
  • Ability to prioritize buyer order deliveries on qualitative parameters.
  • Create supply slips, reserve inventory from completed items and ship to prospects with minimal information entry.

After- Sales Service

  • Provides enough instruments and processes to deal with customer complaints, product substitute, product restore and more.

Customer Portal

  • Provides prospects a window to entry their info at will.
  • Customers can see product pricelist, order standing, obtain orders/bill copy.

Our(ERP for manufacturing company) Solution for Inventory & Procurement

Stock Planning

  • Survey current and future inventory associated necessities effectively.
  • Guarantee accessibility of the right ranges of inventory whereas watching out for the required inventory quantity for replenishment
  • Calculate inventory carrying price and take knowledgeable selections.

Stock Management

  • Create Products with detailed attributes for simple planning and allocation.
  • Group products beneath totally different product classes for efficient evaluation and management.
  • Achieve end-to-end actual time visibility by create multi-location warehouses

Inventory Audit

  • Count & Validate bodily and system recorded stock ranges.
  • Record information associated to variance in inventory & make required changes for producing an correct view of the inventory ranges.

Sourcing & Purchasing

  • Generate computerized purchase indents based on minimal inventory rules.
  • Enter a number of products in a single order, handle buy order revisions, comparability statements to take decisions.
  • Enforce management throughout RFQ, Quotation and Ordering levels by approval limits.

Receipts

  • Manage complete info for each receipt of goods
  • Possibility to obtained partial orders, transfer to completely different areas on receipt, return items w/o receiving.
  • Generate GRN and Vendor Bill based on receipts.

Sub-Contracting

  • Effective sub-contracting with Pricelist and BOM primarily based ordering capabilities.
  • Track standing primarily based on work order, product or subcontractor-wise on any given date.

Our(ERP for manufacturing company) Solution for Production & Quality Management

Production Data

  • Define, file, management and keep data pertaining to your materials and process specifications. You can access crucial grasp information in real time.
  • Create multi-level product constructions, support multiple routing choices utilizing process plans, and implement controls over information utilizing management units.
  • Define calendars for assets, actions and numerous related properties similar to run time, batch size, costing parameters, and so on.

Planning

  • Master Production Schedule automates the scheduling process with the assistance of present Minimum Stock Rules and Make-to-Order. It will set off manufacturing & buy order based on the client demand.
  • Multi Location manufacturing planning which permits complete evaluation of plans and makes use of action messages to guide planners.
  • Integrated with stock, buy and subcontracting administration to make sure end-to-end planning

Work Order Management

  • Auto-Generation of Work Order based on outlined BOM.
  • Modify work orders in case of dynamic processes.
  • Reschedule work orders or create handbook orders for change in priorities.

Quality Management

  • Ability to outline high quality test at numerous processes like Receipts, Deliveries, Work Orders.
  • Ability to outline completely different high quality checks for various processes
  • Ability to outline qualitative and quantitative components for every check
  • Ability to outline minimal & most values for attributes with tolerance values
  • Ability to override check outcomes as required

Manufacturing Analysis

  • Real-time view of producing evaluation as per execution of labor orders.
  • Compare precise prices of merchandise with their deliberate prices.
  • Take selections primarily based on evaluation to enhance price and course of effectivity.

Our Solution for Finance

Receivables & Payables

  • Ability to view open receivables & payables based on interval & companions in a single click
  • Process funds with guide or automated reconciliations with ease
  • Manage automated cost follow-ups on your prospects
  • Handle funds in a number of currency with currency change charges

Fixed Assets

  • Record buy and preserve information of recent assets with asset depreciation strategies.
  • Automated depreciation of pre-defined dates together with generated ledger entries
  • Monitor depreciation over a interval by asset or asset classes.

Bank & Cash

  • Maintain liquidity for enterprise operations.

Budgeting & Forecasting

  • Ability to outline budgets by firm, division or price centres
  • Create checkpoints for budget test at varied management points like purchases, recruitment, and so on.
  • Analyses price range efficiency in real-time and take knowledgeable decisions

Management Accounting

  • Define Analytic Accounts, file transactions underneath these accounts and observe reside efficiency..
  • Analyze revenue/Loss for every accounts in real-time atmosphere.
  • Ability so as to add a number of accounts for single transaction.

Bookkeeping & Closure

  • Maintain Accounts by defining service areas, ledgers, taxes, bank accounts, budgets, cost terms, and so on.
  • View Financial transactions in few clicks and drill down to see particulars and origin

Consolidation & Reporting

  • Ability to generate legal and financial reviews with potential to filter and drill-down functionality

Our Solution for Human Resources

Workforce Management

• Organizations are liable to financial cycles. They are relied upon to convey on their promise to their traders unbiased of financial conditions. In a down swing, organizations are compelled to chop prices, work with decreased workers. Among the quite a few levers that organizations would want to make use of to perform their targets, Workforce Management is a fundamental part.

Recruitment Management

  • End-to-end recruitment administration empowers you to quickly discover the perfect skills in market and preserve long run relationships.
  • Solution manages Job Requirements, recruitment levels, candidate profile, interview planning, candidate evaluation and handle offer letters and on-boarding

Talent Management

  • Design your expertise necessities, construct a strong model picture to draw finest skills, guarantee easy and fast integration of recent joinees, handle periodic efficiency analysis and conduct actions for enhancing workforce effectivity.

Payroll & Benefits

  • Payroll Solution permits to create customized wage guidelines suited to the land and your group.
  • Ability to outline payroll batches, seize attendances, leaves, time beyond regulation and loans
  • Generate payslips with approval and reviews are per necessities

Business Benefits of the ERP for manufacturing company

Automate & Streamline Business Processes

  • Streamlines key enterprise processes of the group within the full provide chain like procurement, receipt, storage, transfers, orders, dispatch & billing.
  • Reduce dependency on guide or unrecorded process to deliver extra accountability and transparency

Strategic Decision Making

  • Use enterprise intelligence instruments to plan strategic plans & monitor the general status of the group
  • All round view and monitoring on enterprise forecasts, finances efficiency, correct resource allocation & objectives
  • Combine operational & financial evaluation to optimize on a regular basis operations

Enhance Customer Satisfaction

  • Deliver orders on time with top quality
  • Provide customer with simple help to purchase, cancel, return and change their orders with click on of few buttons.

Enhance Productivity

  • Collaborate throughout over enterprise verticals to mix information, alter methodologies and institutionalize operational procedures
  • Increase versatility to course of modifications by upgrading present abilities and assets with real-time info

Gain knowledge into Costs and Process productiveness

  • Analyze and oversee manufacturing schedules with reporting instruments together with capability loading, shop floor workouts and manufacturing prices.
  • View customer, contract and tasks for correct bookkeeping

Improve Customer Service

  • Enhance the safety & reliability of deliveries with the worldwide lead time standards.
  • Automate sales & buying operations by way of enterprise guidelines like discounting, approvals, pricelists and minimal inventory guidelines.
  • Visibility & management over the supply chain, enhance order charges, cut back risk of inventory out or stock extra & improve total responsiveness to prospects.

Reduce Operating Costs

  • Decreased total operational prices by changing guide processes into automated & real-time enterprise course of administration.
  • Lower down transportation prices by way of consolidated orders & mixed shipments.
  • Reduced stocking prices with environment friendly utilization of assets & belongings
  • Reduced price of gross sales from use of worthwhile gross sales interplay channels
  • Sustained price financial savings for all spend classes attributable to a regular procurement technique.

Control & Streamline Inventory

  • Use double entry stock administration system to enhance inventory forecasting, planning & ordering
  • Create multi-dimensional inventory data & observe gadgets all through the supply chain for on-line & correct inventory standing
  • Implement efficient return authorization administration & preserve traceability of any materials
  • Track materials from purchase via manufacturing & sale with lot & location management

Financial Control

  • Better visibility into enterprise drivers for price and income
  • Increased info accuracy and timeliness
  • Enhanced supply of reporting, together with dashboards, scorecards, drill-down functionality, and advert hoc evaluation instruments
  • Reduced platforms, paper, and guide effort
  • Facilitate company governance and regulatory compliance
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