Benefits of ERP for Manufacturing?
7 Key benefits of ERP for Manufacturing
1. Automate and optimize workflow
2. Get a boost in productivity levels
3. No compromise in quality!
4. Make informed strategic decisions
5. Reduce your manufacturing costs
6. Never let down your customers
7. Ensure data in safe hands
With the help of ERP software for your manufacturing company, you can monitor and control your expenses, have live inventory tracking, ensure the right production planning and execution, and have an end to end visibility in the processes.
There are many business benefits to implementing erp systems for manufacturing. Determining where the most value and return on investment comes from for your business is a key success factor for an ERP project. Here are a few of the business benefits of a modern ERP software from a big picture standpoint.
Gain access to the information you need with one company system for all operational and financial information
Create a better supply chain with enhanced inventory visibility as well as warehouse and transportation management tools
Improve your customer satisfaction with one source for supply and demand information
Empower a global workforce and streamline processes across multiple locations
Grow your business with detailed forecasts based on real sales data plus a master schedule to plan material requirements.
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6. Main Benefits of ERP Software for Manufacturing Industry
1. Safer Data Storage
Manufacturers should have been able to eliminate error-prone manual processes. Relying on paper records is very inefficient and unsafe since they get torn and lost easily. Even hard disks can’t guarantee the data security, especially when there are many people who use them. With ERP software, manufacturers can access various data through a single system.
2. Complete Inventory Control
Inventory management is an important factor for the smoothness of the manufacturing processes. By using ERP software, manufacturers can monitor their internal and external stock movements more comprehensively.
3. Link All the Departments of a Manufacturing Company
ERP sysems are able to integrate all departments of a manufacturing company, such as financial division, human resource, inventory, sales, customer service, and more.
4. Automate Work Order Management
ERP software enables manufacturers to automate work orders which include the date and time of execution, customer name, sales order, sales contract, product quantity, staff who are given responsibility, and others.
5. Streamline Supply Chain & Order Fulfillment Process
With ERP software, manufacturers can ensure that the entire process runs smoothly and customer demand can be met in a timely manner.
6. Provide Accurate Data & Improve Decision-Making
ERP software enables manufacturers to get complete data on all aspects of their business operations, such as sales performance, customers, profits and losses, stocks, finances, labors, and many more.