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‘Real-time’ inventory system in eresource ERP is ‘real’

When we talk of real-time inventory system, there may be some eyebrows raised and questions asked about the existence of a ‘real’ real-time inventory system in ERP. But without any hesitation we can assure our customers that eresource ERP is a genuine manufacturing ERP system with a ‘real’ real-time inventory module.

eresource ERP system has been developed with all the needs of a process manufacturing unit in mind. In a process manufacturing organization receiving raw material “just-in-time’ is an important factor. Profit of the product also depends on being able to sell them immediately with certainty as to the cost of what has been produced, based on the cost of materials consumed and the added-value of the manufacturing process.

What is the most important matter concerning an efficient ERP system is managing the cost. Managing costs is a critical requirement of ERP implementations, and delaying cost adjustments disables that needed benefit. Eresource ERP provides its customers with a efficient way of managing the costs through its system.

In today’s business environment, Real-Time Inventory has been termed as a very important requirement. However, unlike eresource ERP, all the ERP systems are not capable of doing this work efficiently. For any manufacturer, inventory is placed on-hand both via purchase and via manufacture. The working method for inventory also differs depends on varies manufacturing industries. For example the discrete manufacturer making large runs to stock has ample time to record all costs after the production run completes, and before delivery where as the process manufacturer like Food and Beverage industry is usually making to order for same day delivery.

The real-time inventory can become only real when it includes the updating of costs as well as quantities. Eresource ERP has been doing this for years that continually evolve to meet the most discerning requirements of the modern industry.

eresource’s web-based ERP system scores in many ways. In eresource ERP, any Inventory item, or Item type, can have its valuation method set independently. Irrespective of the valuation method set for an item, eresource maintains all the values for all valuation methods for every item. When all valuation methods are maintained for all items, it is possible to change the valuation method for any item if required, and eresource will automatically calculate and post the adjusting journal to the Inventory Control Account in the General Ledger. If the Standard Cost is changed, eresource will post that valuation change also to the General Ledger.

eresource ERP, has the ability to automatically update data between related process and functions. The beauty of eresource ERP system is that information updating happens instantaneously. So you get up-to-the-minute information at your fingertips through our effective web-based ERP system.

The data entered in the eresource ERP system instantly can be viewed by all the users on-line and in real-time. All the members of the organization have access to the same information for planning and control purposes. This can facilitate more consistent planning and control, in contrast to many other ERP systems.

Moreover, the firm can show a single image to the outside world. Rather than receiving different documents when a firm deals with different branches or plants, a single common view can be presented to the world; one that puts forth the best image.

Also Read – ERP for Trading company

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Manufacturers can increase production cycles and reduce raw material

Manufacturing and distribution companies are mainly depending on manufacturing  ERP software to improve profitability and productivity. eresource ERP has many features that can help these companies reduce expenses and by that way they can get the potential ROI.

Inventory reduction is one of the main features that eresource ERP can provide to the companies. This helps the companies make the right assessment of purchasing. The companies need not stock the products before it is in use as excess stocks can increase wastage and the companies have to make an extra storage space and proper maintenance. eresource ERP system, when implemented, can decide where to store the inventory after completing the process of purchase as the latest data of every department is updated in the system.

Another feature is the easy to view workflow system. With this facility the complete analysis of data can be viewed through automated systems, which helps the management to continue work and to have better plant utilization. eresource ERP system increases production cycles and helps in reducing raw material. This way manufacturing units can schedule tasks easily and effectively. These features in eresource ERP help in reducing raw material inventory. This will also help the expenses on storage of finished goods is reduced.

Automation of the system also has many other benefits such as increased plant utilization, productivity and customer service, and these features in the eresource ERP helps organizations to get the required competitive edge over their competitors.

As everyone will agree that the customer service holds key to success of an organization. When the customer service is improved it helps the products to be delivered to the customers on time. Being a web-based ERP system eresource’s real-time functional facilities help customers in a big way and it also enables the buyers to submit their complaints and problems directly to the manufacturer, if required.

Organizations must take effective and timely decisions to improve business. eresource ERP helps organizations to act in time to overcome any complex matter as everyone in the organization can be interlinked through its real-time online facilities and decision could be made without any delay. eresource ERP system can also define the accounting period in minutes and the management can take decisions based on information which can be fully trusted.

From the case studies we have from our clients, it has been proved beyond doubt that most of them have around twenty five to thirty per cent of reduction in inventory cost after implementation of eresoure ERP system and the cost on manufacturing erp software has been reduced by twenty to twenty five percent.

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What are the best Erp system for process industry?

ERP Software for Process Industry

Investing in an ERP System must be taken with some serious thoughts. Once implemented the system must serve the company for years to come. It must also reflect how you do business today yet evolve through subsequent business practice changes.

An ERP system in a process manufacturing company depends on data from every corner of the business such as inventory receipts, quality assurance test results, production records, customer orders, payments from customers, payments for purchases, shipments and invoices, maintenance of equipment and facilities, investments as well as several others heads under taxes. Therefore it is very important that the ERP system must be designed to reflect very need of the company’s business processes.

With the implementation of eresource ERP system for process industry segment, distribution processes become streamlined and the supply chain will be more responsive. Plant executives get an effective ERP system to respond to that demand for shorter response times. Variable customer requirements, reduced inventory levels, ever-changing schedules and shorter production runs also impact plant operations – and necessitate the use of automation to ensure peak efficiency.

Innovations and developments over the past few years in the Information Technology have resulted in a reduction in labor, and the widespread use of process control instruments. These developments have increased information flow between the plant floor and the ERP system. eresource ERP provides required support to your business process a smooth and steady progress. eresource’s web-based ERP system enables the real-time, plant floor information to control information in a manufacturing environment.

In a process industry ERP system, factory floor is always on the focus, specifically on the operator/user who is the most intelligent agent in a manufacturing environment. With eresource ERP system implemented, automatic data capture provides real-time updates to your inventory, improving the speed, ease, and accuracy of data capture. Each operator/user is connected through the ERP system, to everyone else in the plant floor, and to all plant floors within the organization. This operations-centric manufacturing environment-where information is shared within and between plants and planning in real time – is truly the efficient supply chain.

What is most important is that with eresource ERP system all your production process and all other manufacturing process are easily integrated and it enables automatic data collection. When you implement eresource you have an ERP system that is agile, adaptable, and easy to link with everyone in the organization.

Also read – ERP for electronics

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eresource, an ERP ideal solution for SMEs

The flexible, affordable and fully scalable, eresource ERP solution for SMEs is the ideal solution for newly emerging and smaller companies, as well as for growth-oriented SME requiring multi-site and multi-currency capabilities.

It is especially well suited to improving the manufacturing processes of engineer-to-order, make-to-order and high-volume make- to-stock manufacturers in the automotive, electronics, capital equipment, and discrete products industries.

Built on excellence

eresource’s cost-effective, web-based ERP solution, combined with eresource’s flexible and affordable pricing structures, provides SME with a technology solution having all of the functionality and benefits of a “big company” ERP system – but with minimal investment and risk.

The eresource ERP for SMEs solution is built on the rich technology heritage and deep industry expertise of eresource Infotech Pvt. Ltd. and has a history of success in the manufacturing sector, providing comprehensive solutions that are used by the world’s leading manufacturing companies.

Implementation is fast and easy, without the need for expensive hardware and high fees for licensing, implementation, upgrades and maintenance. This also helps avoid additional financial burden for SME sector. Once implemented, the result is maximum value with minimal investment and low risk. Eresource ERP offers a powerful ERP Software for manufacturers and a high value proposition for SME who would rather expand resources on building a successful business.

The modules include:

Product Management

  • Costing
  • Engineering
  • Engineering Change
  • Estimating

Manufacturing

  • Work Orders
  • Inventory
  • Master Production Scheduling (MPS)
  • Materials Requirements Planning
  • Physical Inventory
  • Repetitive Manufacturing

Financial/Accounting

  • Accounts Payable (AP)
  • Accounts Receivable (AR)
  • Billing
  • Financial Integration Management (FIM)
  • General Ledger

Customer Management

  • Bid Process Management (BPM)
  • Contract Management
  • Sales Orders
  • Sales Quotes

Supplier Management

  • Supplier Quotes
  • Purchase Orders

Project Management

  • Project Accounting
  • Project Definition
  • Project Resource Planning (PRP)

eresource ERP is an integrated solution that brings together a wide variety of business functions. Below is the functional description.

Financial -general ledger, accounts receivable, accounts payable, asset management, cost tracking and accounting, cash management, budgeting, invoicing, and time and attendance

Sales – pricing, margins, quotations, contracts, and schedules

Procurement – pricing, requisitions, quotations, contracts, schedules, and vendor rating

Planning – item planning, resource planning, demand planning, order planning, and plan analysis

Project – project definition, project estimating, project budgeting, project planning, project progress, project monitoring, and project invoicing

Manufacturing – bill of materials, routing, cost price calculations, manufacturing processes, shop floor control, project control, manufacturing control, tooling requirements, configuration control, and product classification

Quality Management – inspection plans and execution, calibration plans and execution

Warehousing – inventory planning and handling, inventory analysis

Freight Management -freight order control, route planning, loading, rates and invoicing

Service Management– contract management, configuration management, subcontract management, call management, planning, service order management, scheduling, and depot repair

Also Read – Best ERP Software for Manufacturing in India

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Wanting to compete globally, manufacturers look for eresource ERP

eresource ERP software is an easy to install system that streamlines manufacturing industry processes through automated planning, scheduling and fulfillment. The system also yields new data intelligence that quickens decision making and reduces administration costs.

The industry-specific workload-optimized ERP system developed by eresource help companies save huge amount in the manufacturing, distribution and services sectors. Manufacturing is a process and each step can dramatically affect profitability. Gaining more visibility into processes and optimizing each step efficiently is crucial for any company wanting to compete globally. By offering an effective ERP system that is already tuned to the specific tasks of manufacturers, eresource simplifies the IT environment to make every business process transparent and more effective.

The recently launched eresource Cloud ERP for Manufacturing Industry includes all the regular modules along with complete customer support, implementation and migration services and other service options. With this introduction now customers can choose our regular ERP system or Cloud ERP version or the SaaS (Software-as-a-Service) model as per the requirement and budget.

eresource continues to demonstrate its commitment to all its customers and willing to serve them with any required enhancement for the existing eresource ERP solution to bring greater efficiency and improved performance.

eresource is always ready to deliver integrated solution to help manufacturers achieve greater profitability and improved business decision.

A normal scenario in the ERP market is that many companies that are planning to implement an ERP system is not guided properly. Not knowing which ERP system to choose, they end up selecting the wrong one which not only turns out be useless but also lot of money going into the doldrums.

eresource helps its customers with a thorough evaluation and selection process to identify the ERP modules that would best enable their future business requirements and corporate growth objectives. Eresource gather primary data to measure our whole system in general and modules in particular against your unique business and technical needs. We also identify the total cost of ownership to identify the right price for our customers. The result helps our customers to make a clear capital budgeting decision.

Also Read – Best ERP Software for Manufacturing in India

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eresource ERP Software for Manufacturing: Low investment and high quality

Manufacturing ERP software eresource’s manufacturing ERP software is the most economical and effective manufacturing ERP system available in Indian market today. The Web-based eresource ERP for Manufacturing is a comprehensive industry-specific ERP software developed exclusively for Indian manufacturing companies. Though this ERP software is an ideal ERP solution for Small and medium sized Indian manufacturing industries, many large scale manufacturing companies in India also implemented eresource ERP System for manufacturing very successfully.

eresource ERP Software for Manufacturing can increase efficiency, eliminate unnecessary downtime, enhance manufacturing production and performance and improve supply chain visibility.

We have encountered questions from some quarters that what is so special about eresource ERP as they have found many of their competitors in the manufacturing field have already been implemented eresource manufacturing ERP software. These potential customers also would like to know more details about eresource ERP for manufacturing how this ERP system is going to help them in their everyday business operations.

What we would like to tell them that most of the existing customers have faced lot problems before implementing eresource ERP Software for Manufacturing The problems they have cited are many. Higher implementation costs associated with time consuming implementation process; time delay when transferring data between applications and databases; multiple databases that create a complex, problematic system architecture; incompatible upgrades; problems and inconsistencies when creating reports across multiple databases and higher maintenance fees are some of them.

With the implementation of eresource ERP for manufacturing, organization can expect to work its optimum capacity. This low cost Web-based ERP system enables companies enhance their business process that ultimately increased their production capacity and customer relationship management with an effective sales and distribution process.

Once implemented, eresource ERP for manufacturing will have a single point of contact for all technical support with a consistent user interface. Being a Web-based ERP system all transactions are updated instantly throughout the entire system, in real-time. eresource ERP for manufacturing is a professionally developed ERP Software application and it is a low cost investment ERP system with low maintenance cost.

Also Read – ERP Software for Construction Industry

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Select the right ERP system for manufacturing company

Selection of the right ERP system for manufacturing company

When a manufacturing company plans an enterprise system implementation, the primary motivations are business transformation, Business process harmonization and the technology upgrade which ultimately does the replacement of the legacy system.

With the business transformation the aim of the top management is to undertake changes at the top line or bottom line of its Business process . Business process harmonization is a business transformation exercise but at a scale where the objective is to generate process benefits and a smooth activities across the organization.

Manufacturing ERP Software

Technology upgrade is process Initiated by the IT organization to replace the legacy system with the latest technology product or service with similar functionality and reduce application management costs and total cost of ownership. In this change over exercises the primary question that Decision makers often face is whether to develop a custom solution or implement a packaged solution. While there are complex and unique business scenarios that merit the development of custom solutions, most orga­nizations will benefit from a packaged enterprise systems solution for various reasons

The reasons why the companies choose for a packaged ERP Solution like eresource is the system is more user-friendly, economical, scalable and flexible. Being a Web-based application the implementation process also much easier than the traditional ERP packages. Other important points that are considered when it comes to ERP package s like eresource is it is easily adopted industry best practices. It is also well proven and stable with better system documentation. Having its own upgrade roadmap it is also a system that is easier and cheaper to maintain with readily available round the clock customer assistance.

As there is a myriad of ERP appli­cation packages available in the market with a range of deployment options, selection of right ERP package a complex exercise. It is a fact that cannot be denied. Moreover most ERP package s claim to offer comprehensive, but similar, functionality. There is no harm if Decision makers are given little more sleeping time to decide the selection of the right ERP package for their organization. Selecting an inappropriate ERP package is like inviting troubles. An ERP Manufacturing System that is not a right fit tends to weigh down the entire organization. Wrong selection of an ERP package s can compromise security and audit requirements and have a debilitating effect on employee morale.

We have come across some cases where companies spending substantial amounts of time and money on ERP Implementation is only to realize that a different ERP System would have been a better fit. On the other hand we would like to emphasize the fact that once a right ERP package is implemented it can bring handsome benefits to the organization. When implemented effectively, ERP can improve alignment of processes with organiza­tional strategy, reduce costs and improve pro­ductivity.

Also Read – Cheap ERP for Manufacturing

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Exclusive ERP for every Industry

Exclusive ERP for every Industry

The main advantage of an eresource ERP system is to provide the accurate information across different sections and departments that makes the system so valuable to to the organization. With the implementation of ERP system in companies, earlier system of manual process have been replaced by more accurate and flawless way of operations. As you know the manual process was prone to errors and delays as till the order was entered into the application of a particular department, the goods could not be manufactured or shipped.

With eresource ERP system functioning of all departments made easy and error-free. With this system, a customer order is entered only once, and this information is available to all the applications across different departments. Once the order is entered, the application checks if goods are available in the inventory. If the goods are not available, it raises a purchase order which is subsequently used by the production team to manufacture goods, and by the finance team to issue an invoice.

The produced goods go back into inventory, where they then become available for shipment. This single view of demand and supply enables organizations to better understand the needs and demands of the customer – and actually anticipate their requirements. This information can then be used to forecast future demands. This shortens lead time, reduces the overall cost of manufacturing, and ensures enhanced customer satisfaction.

When an information is updated in the ERP system, all the people working in different departments will be able to see the same information, and update relevant information. As soon as one department finishes its part of the order, the ERP system forwards it to the next concerned department, which is defined in the workflow. To understand the status of an order, anyone in the organization can simply login to the ERP system. And being an Web-based ERP system, access can also be provided to customers who want to track down the order status.

As ERP system became more popular and every organization started depending their working process on latest technology advancement, enterprise solution applications have became part of every industry. However, ERP applications being a standard business application, usage of the system for different industrial process demanded lot of customization in the application itself. For example, every industry has its own working method with different department and its sub divisions.

Therefore, the ERP system that has been developed for manufacturing industry won’t fully suit for a company which is working in the Project-based industry. This is the reason why eresource has found a novel idea by separating each industry verticals as per each and everyone’s working process and developed separate ERP system that will suit them perfectly.

Recently we have introduced number of ERP systems that could provides an exclusive ERP for every industry verticals. eresource Xcel ERP for Manufacturing, eresource LifeScience ERP for Process Manufacturing, eresource nfra ERP for Project-based Industry, eresource eTrade ERP for Trading, Sales and Distribution industry, eresource 3GL for Logistic and Transport Industry, ersource PMS for Preventive Maintenance System, eresource ACCT for Accounting Package and eresource HRMS for Human Resource department.

eresource executives will provide live demo of these ERP system as per your requirement at your office premises, that too as per your convenient date and time. A closer look at the functioning of the system will help you to arrive at a right decision whether the system is right for your working process, and how it will help improve your business growth. Write to us if you would like to have touch and feel of the system. Rest can be decided as per your opinion.

Mail Us at sales@eresourceinfotech.com for Live ERP Software Demo

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eresource Xcel ERP helps manufacturing industry overcome business challenges

ERP for Manufacturing Business Growth

When an organization deploys ERP solution expectations are bound to run high as all the manual processes are automated, production scheduling is more efficiently managed and inventory is more accurately assessed.

We have time and again emphasized the objectives of eresource ERP. Our prime objective is to give the Midmarket organizations an effective ERP solution which after implementation can measure the business performance more holistic fashion than ever before. Our system gives executives real-time visibility into all business processes, enabling them to make better strategic decisions. In short, with eresource ERP system, a midmarket company can compete more aggressively in global markets.

Implementation of eresource ERP can reduce costs in three primary categories such as inventory costs, manufacturing operating costs and administrative costs. Our system has its fingers in all aspects of running a business; its benefits are myriad and go beyond tangible cost reductions. It can improve an organization’s customer service and response time when solving issues. It can solve issues of interoperability among multiple manufacturing locations. It can standardize and accelerate manufacturing processes in all of a company’s manufacturing sites. It can streamline a manufacturer’s order-fulfillment processes. It can facilitate connecting with partners’ and suppliers’ enterprise systems.

The biggest advantage of eresource ERP is that it is fully web-enabled ERP system. eresource allows software capabilities to be easily connected and reused, making it quicker and cheaper to assemble, deploy and sustain enterprise-grade technology. With eresource, organizations can more quickly adapt to changing business processes. Several midmarket enterprises have already implemented eresource ERP started enjoying the benefits out of it.

The latest and greatest thing to hit midmarket ERP is on-demand delivery of ERP applications. eresource ERP also offer on-demand in addition to filtered ERP options. Filtered ERP or subscription-based pricing of eresource ERP solution will be particularly appealing to midmarket organizations with minimal IT budgets and on-site resources. They can also help organizations react more quickly and with less disruption to structural changes within the company and changes in the market.

What is to be cautious about the selection of an ERP system is, before you commit to any ERP system, you should first evaluate the system such as what your organization needs and wants to accomplish with its ERP strategy. The outcome of this evaluation will help you determine which applications and what kind of functionality your organization requires as well as go a long way toward easing the implementation

Also Read – ERP for Trading company

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eresource Xcel helps manufacturing industry on increased productivity

ERP in Manufacturing Industry

ERP system provides invaluable services to manufacturing industry and its users in various forms. The system helps improve companies’ performance to its optimum level and increase the confidence level of users which brings double benefit to the business process and the organization all together.

The Accounts Department depends its ERP system to obtain reports and maintain compliance with regulations. The Customer Relationship Management modules in an ERP system helps Sales and marketing division serve customers, pull reports and measure their performance based on the report the ERP system has been generated. Supply chain professionals, shipping and customer service units use ERP to serve customer needs. With hundreds or thousands of active users, even small improvements in ERP productivity and user experience add up over time.

Looking at the changing business environment and the industry requirement, eresource has innovated its manufacturing ERP system that will serve the users effectively and efficiently. The exclusive ERP software for manufacturing industry, eresource Xcel, is unique product developed eresource Infotech in recent times. eresource Xcel has been innovated with more-easy-to-use interface. The system has increased productivity and better user engagement which can be counted as other main benefits. The latest improvements reduce the processing time to minutes or seconds. For service and support departments, that productivity improvement provides excellent benefits.

The mobile ERP software, the ongoing trend in ERP market provides powerful mobile interfaces. eresource Xcel has been developed with a fully Mobile application compatible interface. Having said that, when it comes to improving usability, there is no need to make the system more complicated. eresource always stick to the point where we make the user experience simple and intuitive. It is because, we know any hard to use consumer apps rarely last for very long.

eresource demonstrates commitment to its customers

eresource Xcel Manufacturing ERP system demonstrates its commitment to all its customers and willing to serve them with any required enhancement for the existing eresource ERP solution to bring greater efficiency and improved performance. eresource is always on its mission to deliver a suitable solution to help manufacturers achieve greater profitability and improved business decision.

A normal scenario in the ERP market is that many manufacturing companies that are planning to implement an ERP system is not guided properly. Not knowing which ERP system to choose, they end up selecting the wrong one which not only turns out be useless but also lot of money going into the doldrums.

eresource helps its customers with a thorough evaluation and selection process to identify the ERP system that would best enable their future business requirements and corporate growth objectives. eresource gathers primary data to measure our whole system in general and modules in particular against your unique business and technical needs. We also identify the total cost of ownership to our customers. The result helps our customers to make a clear capital budgeting decision with an affordable ERP system implemented in their organization.

For more information and a live demo, please contact at +91 77389 72222 or email us at sales@eresourceinfotech.com