In the competitive world of manufacturing, efficiency and precision are paramount. The ability to streamline operations, minimize waste, and optimize resource allocation can make the difference between success and failure. This is where ERP (Enterprise Resource Planning) systems come into play, especially those tailored for manufacturing production planning. This blog will explore the intricacies of ERP systems for manufacturing, their benefits, and how they can revolutionize production planning.
What is ERP for Manufacturing?
ERP stands for Enterprise Resource Planning. It is an integrated suite of applications that manage core business processes, such as finance, HR, supply chain, manufacturing, services, and more. When it comes to manufacturing, ERP systems are designed to handle the specific needs of production planning and operations. These systems integrate various functions and processes into a single unified system, providing real-time visibility and control over the entire manufacturing process.
A dynamic approach to your business accounting and production:
Manufacturers needs to be swift, flexible and responsive. Manufacturing software needs to deploy in such way, which must allow the integration and synchronization of all manufacturing techniques. Whether manufacturing to order, to stock using discrete or process methods, pridesys will provide you a full set of tools to help you plan, record, track and control your output.
Pridesys manufacturing software improves core proficiencies such as:
- Managing inventory level according to demand and cost – Keeping your finished goods inventory at minimum level. This will help you in decision making: what to manufacture, when to manufacture and what will be the quantity.
- A perfect and accurate quotation module to keep cost under control – It’s a wise decision to calculate the equilibrium cost, actual cost and the profit in the quotation level. Pridesys ERP will help you to all kind of monitory decisions. And automatically will suggest you the most eligible supplier.
- Define bills of material (BOM) – You will get an accurate bill of material. No matter is it single-level bills or complex bill with multiple unit of measurement.
- Calculating lead and elapsed time by analyzing order quantity – Ensure the proper estimation of lead time or elapsed time and assists in the optimization of production order quantity.
- Planning and scheduling – Planning module includes features like forecasting, master planning, material requirements planning and capacity planning. You will be able to make a proper schedule and re-schedule your plan if needed.
- Work-in-Progress planning – Track actual vs. estimated labor hours and material usage and scrap.
- Integration with production machine – Our system offers an integration facilities with different kinds of production machine or any other devices for data collection.
- Cost control and tracking – System is capable of tracking almost everything from the production process. ERP provides you expected vs. actual scenario of various cost head like working hours and cost, product cost, fixed cost, overhead cost, material cost, R&D cost, external cost and profitability in the real time.
- Performing “What-if” modeling – ERP includes the facility to model the what-if material, labor and manufacturing route cost. Also evaluates the job cost performance, analyze the profit margin and the pricing with the full visibility of cost.
