The whole purpose of an Enterprise Resource Planning (ERP) system is to be able to plan and capture business transactions accurately. These results are used for forecasting, accounting, and reporting. The ERP system does this by mirroring the processes of your organization. If manufacturers are going to survive in the market, they must be able to change direction at a moment’s notice, without encountering significant loss in the quality of production.
Manufacturing agility is the ability to respond quickly to unpredictable changes in demand. The most competitive manufacturers recommended it’s also a requirement for day-to-day survival. ERP applications can help small and mid-size manufacturers respond with unprecedented agility, no matter what customers might demand.
This is where ERP Gold can help. We have the solution for manufacturers. With our inventory management software, we give our customers that agility. Our software allows organizations to have 24/7 visibility to their inventory, which in turn, allows for quicker responses to changes, and more efficient and more accurate decision-making. The features that make the most impact for the manufacturer are below:
Clear, Cross-Organizational Process Visibility:
Many small and mid-size manufacturers are using accounting software as their main method of managing what is going on in the organization. The problem with this approach is that, although valuable, accounting software doesn’t provide the clear, cross-organizational view necessary to help the decision-makers respond to current and future demands.
A well-integrated ERP application, such as manufacturing inventory control software, can provide insight into customer purchasing history, real-time sales order processes, and production levels. So, decision-makers can respond quickly to changes in customer demand or in general market conditions.
Flexible Production Scheduling:
The trademark of an agile manufacturer is the ability to switch gears quickly between production runs, shortening or lengthening the run and even changing products, as necessary or as demand changes.
An ERP or manufacturing inventory management software makes it easier for organizations to adopt this type of flexibility by providing them with scheduling strategies to handle unexpected orders or order changes through features such as capacity planning, work order management, materials requirements planning, etc.
Automating Manufacturing Capabilities:
An important area in which ERP can really pay off for small and mid-size manufacturers is the ability to automate processes and functions of manufacturing that don’t require human interaction. Nearly two-thirds of small and mid-size manufacturers are still using manual tracking processes/spreadsheets to know where their inventory is and how much they have. This manual tracking lends itself to errors and duplications that interfere with the agility of the manufacturing processes.
By automating manufacturing processes and transactions, those manufacturers can free human resources for more lucrative activities, such as product design, innovation, and sales etc.
Improve Inventory Visibility:
To be an agile manufacturer, companies must have the ability to move from manufacturing one product to another with minimal delay and manufacturing time lost. ERP Gold’s software provides help to organizations with a single source for accurate data about inventory availability across the organization.
Instead of trying to maintain spreadsheets and paper logs of which materials or products are available, the software maintains that data in real time, making it more accurate and current than manual inventory management.
Contribute to Customization:
The last feature that makes an impact on your business is the ability to customize. Small and mid-size manufacturers are able to serve more customers with customized, short-run (and sometimes single-run) of their manufacturing services.
This customization can be accomplished with ERP Gold software which helps the organizations streamline the manufacturing process. Therefore, the interchangeable components of the process are monitored closely, and those components that aren’t interchangeable can be switched to create a custom product when necessary.
In conclusion, in order to maximize your agility as a manufacturer, you need the tools in place to efficiently track, monitor, and manage your inventory and processes.
Our ERP system, designed for small and mid-size manufacturers, provides cross-organizational visibility, flexible production scheduling, and seamless automation of manufacturing capabilities. With real-time insights into inventory management, ERP Gold ensures efficient and error-free operations.
Improve your business efficiency by customizing manufacturing processes with ERP Gold. From materials requirements planning to capacity planning, our ERP system empowers you to respond quickly to changes in demand. Say goodbye to manual tracking and hello to accurate, automated processes.
ERP Gold is here to help you with all your inventory management and control issues! Click HERE to read more about how we can help, call us at 888.334.4472 for a free consultation. If you want us to call you, fill out our contact form HERE. Or click HERE to schedule a free consultation or demonstration of how we can help you.