ERP Software For Manufacturing Industry

1. ERP Software For Manufacturing Industry Noetic Systems Pvt Ltd www.noeticsystems.co.in

2. What is ERP • An ERP system is an attempt to integrate all functions across a company to a single computer system that can serve all those functions’ specific needs. • “Integration” is the key word for ERP implementation.

3. What is ERP • It may also integrate key customers and suppliers as part of the enterprise’s operation. • It provides integrated database and custom-designed report systems. • It adopts a set of “best practices” for carrying out all business processes

4. What is Enterprise Resource Planning (ERP)? • ERP is an integrated computer-based system used to manage internal & external resources including tangible assets, financial resources, materials & human resources of an organization

5. MANUFACTURING INDUSTRY – KEY CHALLENGES • Achieving Growth & Profitability while meeting customer expectations against competition • Continually strive for following to grow & be profitable Reduce Production & Supply chain costs Improve Process efficiencies & Product quality Satisfy an avalanche of Customer demands & Regulatory requirements • Drive to optimize manufacturing processes in order to increase agility & to ride the efficiency curve to serve the customer better • Other Key Challenges Better Customer Service Business Integration On-time Delivery

6. BENEFITS OF ERP SOFTWARE Automate & Streamline Business Processes with Greater Adaptability • Align key business processes in planning, design, development, procurement, inventory, manufacturing, sales & delivery • Match overall supply with demand and manage all resources & assets along the entire value chain Respond quickly to Changing market conditions • Use integrated, real-time sales & operational information to accurately anticipate, plan for & respond to orders and new demand, as well as reduce forecasting errors • Model production capabilities, quickly share engineering information & adjust product mix for changes in demand to capitalize on new opportunities • Support compliance with regulatory requirements, including safety & environmental regulations, by quickly validating manufacturing processes while conforming to individual markets requirements Decision Making on Strategic Business Insight • Rich out-of-the-box analytical performance measurement tools hone the strategic planning & monitor the overall health of the organization • 360-degree visibility on accurate forecasts, effective budgets, proper resource allocation & goals • Combine operation & financial analyses to optimize day-to-day operation

7. BENEFITS OF ERP SOFTWARE Enhance Customer Satisfaction • Delivering products on time with high quality • Faster time to market, higher-quality products & accurate information provided to customers Improve Productivity • Collaborate across business functions to consolidate information, align strategies & standardize operational processes • Increase information worker productivity through realistic, appropriate business roles • Increase adaptability to process changes by enhancing existing skills & assets with real-time information Fuel efficiency & Reduce risk across the entire organization • Standardize processes & easily share best practices • Support multiple manufacturing modes & a hybrid or mixed-mode environment • Reduce time across the Order Process Cycle (Quote-Order-Delivery) there by reducing the loss risk Gain insight into Costs & Process efficiency • Analyze & manage production schedules with reporting tools & “what-if” scenarios, including capacity loading, shop floor activities & production costs • View real time client, contract & project details for an accurate accounting of profitability

8. BENEFITS OF ERP SOFTWARE Manage Demand Pro-actively • Trace expected to actual sales & forecast future sales while taking into account seasonal & promotional effects • Use simulations, demand models & error analysis to determine optimal stock levels for better profit & operations margins Expand Sales Success • Monitor market demand & meet margin objectives through effective promotions • Increase capacity to evaluate product turnover in response to campaign & align production & inventory accordingly • Improve Customer Service • Enhance the security & reliability of deliveries with the global available-to-promise (ATP) view, which provides delivery alternatives in the event of unexpected disruptions • Automate sales & purchasing processes, track & locate inventory items quickly & help ensure accurate pricing & discounts to improve customer satisfaction • Deep visibility & control over the supply chain, increase order fill rates, reduce risk of stock out or inventory excess & enhance overall responsiveness to customers

9. BENEFITS OF ERP SOFTWARE Increase Revenue • Higher profit margins by automating & streamlining all business processes resulting in reduced operations costs through adherence to better business practices • Improved cash flow by more efficient & accurate billing procedures, lower inventory levels & quick turnaround • New opportunities identified through continuous, real-time monitoring of KPIs • Opening up new sales channels like e-commerce Reduce Operating Costs • Decreased overall operating costs by converting time-consuming manual processes into automated, streamlined, real-time business process management • Lower transportation costs through consolidated orders & combined shipments • Reduced warehouse costs from optimized utilization of resources & assets • Reduced cost of sales from use of profitable sales interaction channels • Sustained cost savings for all spend categories due to a standard approach to both strategic & operational procurement • Reduced IT costs because administration & usability have been improved, fewer interfaces are used & IT resources have been freed up to focus on value-adding strategic projects • Lowered TCO (total cost of ownership) by leveraging technology for facilitated exchange & interoperability with non-ERP systems

10. BENEFITS OF ERP SOFTWARE Increase Visibility & Simplify across the Supply Chain Process • Empower users with real-time data through a user-friendly interface & Role centre that provides access to tasks & critical Business Intelligence data such as KPIs & custom reports • Exchange data across multiple systems & gain visibility into business processes to improve decision making & control at every level of the supply chain • Connect inventory, production, purchasing & sales processes to gain accurate, real-time view of the entire supply chain. • Improve collaboration with trading partners with support for a wide range of predefined XML business documents Reduce Cost by optimizing supply chain processes • Improve productivity, adapt internal processes quickly to meet new demands & optimize processes across sites in the supply chain Better Collaboration with all Supply Chain Partners • Enhance collaboration among departments, customers, suppliers, business partners for a significant improvement • Integrate partners of all sizes to release data throughout the chain that’s accurate, complete & available up to the minute • Costs reduced, processes speed up & smooth flowing operations throughout the supply chain

11. BENEFITS OF ERP SOFTWARE Demand Driven Supply Chain Approach can help • Maintain competitive edge • Integration of supply chain processes with other business processes e.g. Sales & Operations • Respond effectively with a comprehensive, cross-functional view of the company, better understanding of customer needs through downstream data analysis & effective collaboration between trading partners Control & Streamline Inventory • Use powerful inventory management tools to improve forecasting & planning, match supply with customer demand • Create sales & purchasing forecasts based on specific items & time periods Meet Complex Inventory requirements • Create multi-dimensional inventory records & track items throughout the supply chain for online & accurate inventory status • Enhance Material & Product Traceability • Implement effective recall procedures & maintain complete forward & backward traceability of any material • Track materials from purchase through production & sale with lot & location control

12. BENEFITS OF ERP SOFTWARE Integrate Design innovation into Manufacturing • Shorten time to market for product innovation by integrating design & manufacturing processes & collaborating effectively with suppliers, partners & customers Support a wide range of Manufacturing processes & Business models • Tailor the solution to serve make-to-stock, make-to-order, assemble-to-order, configure-to-order, & engineer-to-order environments • Manage items from design through assembly, testing, shipping, installation & maintenance • Meet specific customer needs by configuring build-to-order items easily & effectively • Help efficiently produce & deliver products that follow custom formulas or recipes & take full advantage of manufacturing & supply chain capabilities • Empower to streamline, monitor & control the entire production cycle • Improve Project management for customized orders • Create estimates & quotes quickly & accurately • Forecast machine & resource requirements for strategic scheduling & precise delivery times by analyzing project cost & order processing time

13. BENEFITS OF ERP SOFTWARE Increase Productivity with a Role-Based Solution & Centralized Information • Provide empowering self-service & role-specific information that increase user productivity • Personalize portal to meet business users specific needs • Manage centrally the critical documents (e.g.) BOM, routing data, CAD designs, recipes, project plans & item information Streamline Integration with Web services • Improve integration within & Outside the organization by using a flexible Web services framework • Maintain high production levels & on-time delivery rates by sharing portal-based, real-time information about specifications, order status & quality control testing among key departments & trading partners

14. Top Reasons for Software Purchases

15. For more visit Noetic Systems Best ERP software development company India www.noeticsystems.co.in

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