Is ERP Software Best for Manufacturing Industries?

Before answering the question in straight yes or no, let us understand the working of manufacturing industry. A manufacturing industry processes raw materials with the help of machines and human efforts and produces goods that can be sold in the market. If we break down the process at each level, from raw material to finished good many stages are involved, such as:


1.Raw material (as input) procurement and management
2.Machine power (as process)
3.Labour management
4.Goods productions
5.Finished goods, after packaging.
6.Costing (through in-depth analysis)
7.Goods Ready to be sold in the market.  

To manage these stages effectively, manufacturers need a ERP software that has capabilities to show real-time data to all departments, calculate cost, automate the processes to save time and errors, manage inventory and warehouse for raw material and finished goods.

Along with these, the ERP system should be flexible enough to assimilate changes in norms and practices so that manufacturers are assured that the compliances are correctly met.

Enterprise Resource Planning, ERP, is a powerful business managing software with capabilities to cater all the needs and beyond. On prima facie an ERP solution performs following tasks:

1.Automates and streamlines day-to-day processes.
2.Makes optimal use of resources.
3.Helps make good relations with clients.
4.Reduces wastage and increases profits.
5.Ensure legal issues are at bay.
6.Increasing productivity

On a deeper level, an ERP helps manufacturers in

1.Managing supply chain
2.Optimizing inventory
3.Product innovation
4.Cost analysis
5.Lot tracing
6.Compliance
7.Warehouse management
8.Managing Sales & procurement
And much more.


It is quite evident that an ERP can solve a lot of issues of manufacturing industry and therefore it is the best software for manufacturers. If you are into manufacturing industry, searching for the best ERP solution, please connect with BatchMaster.   


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