eresource ERP system helps reduction of lead-time

The non-availability of an item that is required for production can result in several problems like missing delivery schedule, losing customer goodwill due to the delayed delivery or even losing the customer to competition. One can avoid the situation by requesting for the materials well in advance of when they are actually needed or by keeping a large buffer stock or maintaining a very high re-order level.

But all this means that large inventories must be kept, which is money blocked. Also the practical consequences of allowing longer times for delivery seems to be that the present lead-times just grow to take up whatever slack is allowed. So, the company should find out the minimum lead-time and should attempt to context supplier's delivery delays instead of automatically increasing allowed lead-time.

The elapsed time between placing an order and receiving it is known as the lead-time. It plays a significant role in purchasing and inventory control.

So, in order to reduce the lead-timers the organization should have an efficient inventory management system, which is integrated with the purchasing production planning and production departments. In this era of just-in-time manufacturing the knowledge of the exact lead-timers for each and every item is of paramount important for uninterrupted production. For a company dealing with hundreds and thousands of raw materials and components, keeping track of the lead-times for each and every individual item manually is a practically impossible task.

eresource ERP system helps in automating this task and thus makes inventory management more efficient and effective. Since eresource ERP system is integrated and the materials management module is integrated with other modules like sales, marketing, purchasing, manufacturing and production planning, the demand for a particular item can be known as early as an order is received. Since all the records are kept in the system's database and since everything is up-to-date, finding out the items that are to be ordered takes no time.

So once the items that are to be manufactured are identified and once the production planning system prepares a production plan, the materials management module will prepare purchase orders for each and every item making into account the led-timers and when the items are required for production. If the purchasing process has to go through the invitation of quotations, vendor selection etc. the system does that also.

Since most suppliers are also connected to the organization's system, as soon as a purchase order or requisition is issued, the supplier's system is updated with that information. Thus, the supplier knows what items are to be supplied, and when. Since activities like preparation of contracts, issuing of purchasing orders and payments, etc. happen through the system electronically, the savings in time are phenomenal.

So eresource ERP system by virtue of their integrated nature and use of latest technologies reduce the lead times and make it possible for companies to have the items at the time they are needed.

More News

MORE NEWS
ERP NEWS
Suitable ERP for infrastructure and construction companies

eresource: A scalable, flexible and affordable ERP solution for SMEs

eresource helps pharmaceuticals produce product as per cGMP requirements

Workshop on ERP to guide how to run a successful business

eresource tracks business activities across the organization

A perfect ERP solution for Midmarket

eresource the new generation ERP system

ERP can improve productivity in Manufacturing sector

ERP for Industrial Manufacturing sector

eresource penetrates Indian ERP market

Indian Manufacturers show signs of growth

ERP software system in Pharmaceutical Industry

ERP implementation: when, why and how?

Indian SME's take eresource ERP in their side

ERP software training holds the key

Making ERP success: Identifying the right elements

What makes your business grow?

eresource ERP implementation can deliver ROI

Brain of your planning activities- ERP Scope

eresource ERP implementation and Return on Investment

Complex payroll system made easy

Indian ERP market sees high growth

Changing Indian ERP scenario

Demand grows for ERP solution

eresource ERP solution, manufacturing
is a global business


ERP software helps Process Industries keep
pace with the changes


Significance of TQM in price sensitive
automotive industry


eresource ERP joins Intel Software Partner program

Best practice of ERP is best suited for Lean organizations

ERP implementation is a 'User Driven' project

ERP software is not a magic wand

HR module in eresource ERP can accelerate business growth

eresource ERP finance module helps see
your 'tomorrow' today


Tyre Asia features eresource ERP

eresource ERP's MRP, a module that
gives crystal clear picture


Follow the CRM route, Customer delight is
the key to enhance revenue


Plant Maintenance in eresource ERP: A module to
support operational needs


Sales and Distribution module for 'just-in-time deliveries'

To cope with business challenges, midsize
companies looking at ERP


eresource ERP Purchase Module for a well-managed purchase section

MPS in eresource ERP: An intelligent module
that helps sales forecast


eresource ERP's strength: Information accuracy
and decision-making capability


eresource ERP: A perfect solution for 24x7
access to business information


eresource ERP system helps reduction of lead-time

eresource offers a complete ERP package

eresource ERP pays off with tangible results

Nothing more to look beyond when it is eresource ERP

Web-based ERP solution is best suited for small and medium enterprises

Streamline your business processes with eresource ERP

eresource ERP solution can accelerate your fleet management

Cost-effective, user-friendly, web-based ERP system

Emergence of eresource ERP software a boon for many industries

eresource ERP puts your company on a 24-hour working mode

No need to overspend! Need-based ERP system is within your budget

eresource ERP can bring unimaginable benefits to SME's

An ERP system to meet the need of customers across diverse industries

Construction industry to benefit a lot from eresource nfra ERP

Industry-specific ERP system

Competitive advantage of highly effective ERP system

Functional modules of eresource Fleet Management ERP

Live Demo of eresource ERP system

Operational efficiency with ERP and eBusiness

Agility is the watchword for business

ERP drives enterprises forward

ERP for strategic and technical solution

Customer relation key to business success

ERP reduces cycle time, improves efficiency

eresource ERP software solution: easier to use and simpler to implement

Open lines of communication with partners, suppliers and customers

Service with quality and security

eresource ERP for SMEs: A quicker ROI experience

Planning ERP implementation? Here are some few tips

What the stars foretell for your business in the year 2011?

A strong finance module must for a healthy business process

consider ERP implementation as investment

SMBs can benefit more from eresource ERP

eresource ERP is tailored and personalized for each user

The most affordable ERP system in India

Real-time business has become cost-effective

ERP is necessary to deal with businesses in every corner

eresource ERP system is extraordinarily wide in scope

eresource ERP for easy business operations

eresource ERP can raise the productivity to unprecedented levels

For a successful business, ERP is the future

A business tool that can keep you ahead of your competitors

eresource ERP: A great business information management tool

eresource ERP eliminates disparities and errors in
critical business information


Implement eresource ERP to eliminate your business worries

What makes eresource ERP different?

Get eresource and have a consistent planning and control

Manage your plant data and reduce the product defects

Timely delivery of quality ERP is highlight of eresource

Enhance your customer service with web-based eresource ERP

eresource ERP -- big advantage for small companies

eresource offers free customization and implementation

eresource ERP can make your business rhythm steady

Go for an ERP that can bring attractive ROI

eresource, the ultimate ERP system for small businesses

'Real-time' inventory system in eresource ERP is 'real'

eresource ERP HRM improves employee collaboration,
business processes


ERP implementation: Decision-makers must take the right decision

Web-based ERP is the easiest way for SMEs to extend business

eresource shows the way to reach the zenith of productivity

ERP cloud computing, an economical way to
manage business process


eresource is an ERP system that allows you to work as you want

Manufacturers can increase production cycles and reduce raw material

Go for eresource, the next-generation ERP system

Quick implementation, quick business and quick RoI,
that is eresource ERP


Quick to implement and easy to operate eresource ERP

Pharmaceutical companies must change their business process

ERP training is essential for successful business operation

eresource helps pharmaceuticals produce product
as per cGMP requirements


Need of eresource ERP system in manufacturing firms

Embark on eresource ERP and take your business globally

Suitably optimized ERP for Small and Medium sized organizations

Implement eresource ERP in 90 days

Lively ERP system must for business success

More business growth with better data visibility
and fewer employees


eresource, an ERP ideal solution for SMEs

For business flexibility and control implement eresource ERP

Agile, adaptable and easily integrated ERP system for process industry

Wanting to compete globally, manufacturers look for eresource ERP

To cut cost and drive more profits, companies opt for eresource SaaS model

eresource SAAS ERP model brings economic relief
for mid-sized companies


Process industry ERP - a quality control application for food processing

Web-based eresource ERP system as a long-time business solution

eresource ERP system brings transparency, responsibility and accountability

More dynamic ERP modules with easy to operate interface

Understanding eresource ERP master module

eresource ERP sales module emphasis that Customer is God

Purchase module in eresource ERP streamlines
procurement of materials


Warehouse management keeps inventory moving and
shipments on schedule


eresource ERP TQM module enhances the ability to listen
to the customers


Financial Management module helps strategic planning and
decision making


HRM module improves employee collaboration and
business process flow


eresource ERP helps small businesses to grow

SMEs are the most aggressive adopters of eresource ERP

eresource ERP stimulates business operations in real-time workplace

eresource Cloud ERP brings immediate and real business benefits

Businesses in India march ahead. From what is an ERP system to which ERP system?

ERP Software Price: Some facts and figures

eresource ERP Software for Manufacturing: Low investment and high quality

eresource ERP SaaS model - economically viable, operationally scalable

Select the right ERP system for manufacturing company

Modern ERP systems can provide greater working freedom

Implement ERP and make your business technology-oriented

ERP system can help companies minimize manufacturing cost

eresource, business intelligence tool that enables better forecasting

ERP, an indispensable system for business success

Enhanced ERP system from eresource helping Life Sciences

Intelligently integrated Business Intelligence
makes eresource an intelligent ERP


eresource's Preventive Maintenance System: backbone of Oil and
Gas Industry


eresource gives its customers what they want

Implement an ERP that is best-of-breed and best-for-business

Different industries work in different way, so each industry
needs its own ERP


eresource Xcel ERP helps manufacturing industry overcome
business challenges


eresource is a fully integrated mobile and dynamic ERP solution

eresource Xcel helps manufacturing industry on increased
productivity


Innovation is a never-ending process with eresource ERP

eresource Xcel, a Manufacturing ERP system with excellent
performance


Manufacturing ERP system 'eresource Xcel' could make business life easy

eresource nfra, much more than an ERP system for Construction industry