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eresource Bpro ERP brings higher efficiency and improved performance in process industry

Pharmaceutical, chemical, fertiliser, pesticide, and other process manufacturing industry sectors are faced with new opportunities and challenges as they work to stay up with the swift changes occurring throughout the globe in the information technology sphere.

Here are some of the difficulties the process industry sector is facing:

  • For these businesses, the forecasting process is highly complicated because it depends on the season, market segment, brand, etc. The business application has a great need for a sophisticated forecasting system that can do demand planning with the aid of several statistical models.
  • Items that have both dependent and independent demand are common in the processing business. Organising the manufacture of those things is really difficult.
  • The quality at the source is crucial. ERP can be useful in this area by integrating sophisticated quality management modules that keep track of quality through the use of control plans in manufacturing and purchasing.
  • The need for an extensive “yield monitoring system” is quite real. Here, the usage of ERP is particularly efficient since business applications may carry out online yield monitoring with drill down capabilities to swiftly diagnose causes of deviations (such the primary cause of low yield and scenario design for determining the most appropriate improvement projects).
  • Projects for developing new products may take years to complete. Business apps’ capacity for concurrent engineering and effective project management would not only speed up such projects’ creation but also aid in their close monitoring.
  • Process industries, which rely heavily on assets, have a big need for business tools that will aid in implementing contemporary maintenance management strategies. This will improve the general health of the machinery while enhancing equipment uptime.
  • From the delivery perspective, they are typically distinguished by a complex distribution network, such as having numerous depots, dealers, etc. By reducing stock outs and overall inventory levels, the new generation of business apps can have an impact on how stock is managed at various stock points. The distribution network’s stock levels can occasionally give organisations serious anxiety. The logistics of both the inbound and outgoing; journeys become a major concern.

Also Read – Cloud Manufacturing ERP Software

Eresource Bpro ERP system has the necessary modules to address any issue that the process industry sector faces.

Benefits of eresource Bpro ERP Software in the Pharmaceutical Industry

Software for enterprise resource planning is becoming important for businesses to integrate all of their business activities. The advantages of eresource Bpro enterprise resource planning (ERP) software in the pharmaceutical industry are elaborated here.

 Enterprise systems are necessary for pharmaceutical manufacturers and businesses to streamline their business operations. Pharmaceutical business must constantly modify their business procedures if they want to compete in fiercely competitive business environments.

Over the past ten years, changing market conditions have given modelling business processes a significant boost. Examples include:

  • Product expansion
  • Sales conditions those are competitive
  • Global distribution network development
  • Well-informed customers
  • Businesses that are focused on meeting consumer expectations

As a result, business process reengineering is frequently used, and IT is the best method for doing so. Business procedures and communications between people who use these processes are the main focus of contemporary information technology.

eresource Bpro ERP system integrate and automate an organization’s core operations, facilitating information exchange between those operations and enabling information sharing across organisational units regardless of their physical location.

Also Read – Best ERP Software in Nigeria

A boon for SMBs in pharma business

Projects meant to progress specific modules served as the foundation for the creation of this ERP system to support these company processes. Two important areas of profit and cost centre accounting, which enabled improved control of financial resources, projections, and a new style of analysis, were implemented as part of the system.

A highly competitive market as a result of the constant demand for new and improved pharmaceutical products puts a lot of pressure on pharmaceutical manufacturers. It is also becoming a big challenge for Small and Medium Businesses in this sector to keep up with the demand for the production of such drugs in large quantities. Additionally, they must adhere to strict rules established by the government. Pharmaceutical businesses need the appropriate ERP support to streamline raw material procurement, shorten procurement and delivery cycles, track receivables and payments to suppliers for managing credit facilities, provide a collaborative portal for supply chain management, and support management analysis.

In order to determine the optimal resources for ERP, consider the four Ms: money, man, material, and machine. Higher efficiency and improved performance are the results of making the best use of these resources. Undoubtedly eresource ERP software aids businesses in making the most effective use of their personnel and resources. It serves as a connecting connection between all of the company’s departments. We hope that this knowledge will make it easier for pharmaceutical companies to comprehend the advantages and benefits of adopting eresource Bpro ERP software in its organisations.

Also Read – ERP for Power Industry

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6 Features a Food and Beverage Processing Company Needs in a Tailor-Made ERP

Now that the food and beverage processing industry is highly competitive, it’s crucial for businesses to remain agile and leverage advanced innovation to meet consumer needs and gain a competitive edge in the market. 

An erp for process manufacturing industry, such as the food and beverage processing sector, can help companies not only achieve these goals but also thrive in the ever-evolving market. In this article, you will learn a few crucial features your food and beverage processing ERP must need. 

  1. End-to-End Solution

The food and beverage manufacturing business must look for an end-to-end business-wide solution. Implementing a proper solution allows you to eliminate data silos and unite all major data in one centralized place. Besides tracking customer data, an end-to-end ERP system can optimize the finances, supply chain, and other vital aspects of the business. Moreover, the system should allow seamless data flow across all departments. 

Food and beverage processing ERP solutions are mechanized to collect, analyze, and provide valuable insights to key stakeholders, enabling data-driven decision-making.

Also Read – Why do pharmaceutical companies need an ERP system

  • Real-Time Inventory Management

The food and beverage manufacturing chain comprises multiple ingredients and products with different shelf lives and storage conditions. Usually, products used are perishable; thus, there are always chances of wastage and spoilage. And elevated levels can increase costs substantially, resulting in a negative impact on the company’s bottom line.

Food and beverage processing ERP can control waste and spoilage by tracking inventory in real time at each phase of the supply chain. The system can help reduce stockouts via transparency and real-time visibility across multiple channels. You can order and optimally allocate inventory while keeping a real-time count by deploying industry-specific ERP software. 

  • Real-Time Order Management

Order management is another critical feature that a food and beverage manufacturing ERP must have, particularly for companies with multi-location and multi-channel procurement and distribution. Order management is crucial to determine which locations can fulfill orders based on availabilities, lead times, demand, and service levels. It includes the native capability to purchase, return, and fulfill orders from a specific location while tracking orders. 

An ERP with real-time order management features will help food and beverage companies expedite product movement to desired locations. Moreover, it will allow business customers to purchase the desired products without delays created by stockouts.

Also Read – 7 benefits of ERP in logistics and transportation business

  • Recipe and Ingredient Management

Since customer taste changes constantly, food and beverage processing companies need an ERP having in-built recipe and ingredient management capabilities. As new recipes become popular, companies can set up the systems and processes to manufacture those recipes. An ERP for food and beverage processing businesses can bring innovation to the facility by enabling recipe creation and adjustments. 

In addition, such systems provide quality control mechanisms by tracking the lot serialized. Moreover, ERP for food and beverage processing also optimizes recipe development while equipping with necessary documentation consisting of manufacturing instructions.

  • Omni-Channel

Nowadays, almost every food and beverage company sells its products through multiple channels, including retailers, eCommerce platforms, franchise partners, and other distribution affiliates. Businesses can efficiently manage all these customer touchpoints with a high-performance process manufacturing ERP. 

The ERP system can track demand for the full mix of the company’s Stock Keeping Units (SKUs), helping food and beverage businesses to scale across multiple channels. With such systems, you can provide customers with the right products at the right place and time. 

  • Seamless Financial Management

Food and beverage processing units often operate in different geographic with different language, culture, and currency differences compared to headquarters. And each location will have its own regulations and tax system. 

The industry-specific ERP must manage these differences appropriately, including generating accurate consolidated financial reports. Moreover, such applications must automate collections, billing, and invoicing processes. The food and beverage processing ERP can integrate different business departments to streamline financial processes while reducing the time required for the close financial process.

Also Read – ERP software in trading distribution companies in Dubai

Key Takeaways 

With food and beverage manufacturing businesses requiring advanced technologies, tools, and systems to meet market demands, ERP for Manufacturing Industry is an ideal solution to unlock agility and actionable insights. However, not all ERP systems can provide the same benefits. Therefore, a company must look for customized solutions that can help it meet its unique needs. The features mentioned above in the tailor-made food and beverage manufacturing ERP can streamline all crucial business processes and drive growth. 

Also Read – Best ERP Software in Nigeria

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Flexible ERP system called eresource lets you work how you wish

In India, the ERP landscape is changing quickly. For a considerable amount of time, the main vendors controlled one of the segments of the software business. Due to their dominance and significant financial commitment, small and medium-sized industries were excluded from using an enterprise resource planning system. But now it’s a whole different story thanks to the development of web-based systems like eresource ERP.

There are several solutions available for mid-sized businesses when it comes to eresource. Executives from these mid-sized organisations are currently in need of advice to assist them make the best decision. With complete video demonstrations, business CEOs and finance managers can receive thorough instruction. To assist midsize enterprises in making informed decisions on the purchase and implementation of the ERP system, eresource sales executives will be available at any time for advice and demonstration.

Eresource ERP system has been developed keeping in mind all the requirement of business process and it has been termed as most flexible ERP system which could be configured and as per your business needs. Any modification, adjustment, deletion, and addition can be accomplished which fits into business requirements. This will enable your ERP system to function the way you desire rather than, as is typically the case, the way the ERP system wants you to.

Read More – ERP software in Dubai UAE

Studies shows eresource ERP improves business prospects

Numerous case studies show that when the eresource ERP system was introduced, businesses were able to process 25% more orders per day, without adding any extra workers. Additionally, the businesses were able to lower their inventory by 30% to 35%. It has also significantly contributed to a decrease in consumer complaints.

Web-based eresource ERP may expedite business operations, cut expenses, boost sales potential, enhance quality and customer happiness, and continuously track results.

A misunderstanding of eresource ERP’s support and product updates is not acceptable. With its service support product updates, eresource has unequivocally demonstrated that it can compete with any major players in the ERP market. On the other hand, many large vendors in the market avoid doing business with midsized businesses directly and attempt to convey that their products are only appropriate for large-scale firms.

Read More – Best ERP Software for Manufacturing in India

Enhance your ROI (Return on Investment) with eresource ERP

Without a doubt, one of the benefits for businesses working with eresource ERP is that they will have direct access to our executives and technical support staff for any kind of assistance. It will make it possible to quickly fix any system-related problems, whether they are technical or not. We stand out from other players in this market with our 24-hour customer care service.

The web-based application used by eresource ERP solutions aims to reduce total cost of ownership. eresource is aware of the importance of well-established procedures and an integrated strategy for utilising technology for the development of any business unit. A company’s core and auxiliary business functions can be effectively handled by the eresource ERP solution. Enhancing its ROI (return on investment) can also make a significant difference.

Read More – Best ERP Software for Construction in India

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Understanding project vigilance for ERP

Following are the important process to go through before you plan to implement ERP software for your business organization.

The experts and company representatives will gather to create a work plan prior to the ERP deployment. Each and every task that must be completed is listed together with the appropriate time in this plan. The process of creating the work plan should be led by the consultants because they have expertise implementing the same package under similar circumstances.

The internal team should identify the problems that are unique to the business and assist the constants in developing a work plan that is realistic. The work plan serves as the framework for tracking and evaluating projects. Numerous actions, the number of people needed to do them, and the materials needed to complete the tasks are all included in the project plan.

Also Read – Discrete Manufacturing ERP

Typically, a project management tool is used to create the project plan. This tool enables one to concentrate on planned activities from many viewpoints, including the chronological order or timetable, specific activities, and who is responsible for them. Utilising such a tool during the project planning process improves the plan’s quality and makes updates and revisions simpler. Once the project has started, the plan can be regularly updated, and reports on planned vs. actual performance can be generated in various levels of detail and in many formats, including graphical ones.

The only thing to keep in mind is that the plan’s contents should be agreed upon by all parties involved, including the executive officials, vendor, consultants, and in-house team, whether the plan is developed manually or with the use of a software program.

Also Read – Best ERP Software for Manufacturing in India

What should the executive officials’ monitoring frequency be?

Depending on the circumstances. There will be a natural oversight of the project’s daily operations if the organisation has truly assigned its top employees to the task. In a position to assess how things are progressing, the company professional designated to serve as the project owner or sponsor.

The company executives meet once every week or once every two weeks is quite acceptable given that the ERP implementation process lasts for months. A meeting can also be held after a milestone’s planned completion date has passed. This method involves setting up milestones in the project plan. However, there are no stipulations as to how frequently the executive committee must convene. The committee may need to meet more regularly to go over the potential difficulties during the project’s final stages, when the system is being tested.

Also Read – Transportation ERP

The project management team’s responsibility is to report to the executive committee and deliver the data. The project management team should prepare a presentation that summarises the problem in depth suited for the audience because these meetings will be of a managerial nature. Every technical subject can be taken into account, and unnecessary jargon usage can be avoided. It is a good idea for the presentation’s supporting materials to also act as a record of the project’s current status. This is crucial because it may be required to remember the points raised at a prior meeting in order to track the progress at later meetings and to explain why the evolution of the work has taken a particular note.

The work plan or project plan is therefore of utmost importance in an ERP implementation project. Following the plan exactly, monitoring the project constantly, and taking the necessary corrective action before it spirals out of control will therefore guarantee the project’s success. Please write to us or give us a call right away if you’d like to learn more about them and see a eresource ERP Software LIVE DEMO.

Also Read – Best ERP Software for Construction in India

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eresource ERP gets rid of discrepancies and mistakes in crucial corporate data

Many mid-sized businesses are finding that web-based eresource ERP is the finest instrument for maximising operating efficiency, reducing overhead expenses, and competing more successfully in the market. Many midmarket organisations have begun to efficiently manage their businesses utilising this newest technology with the advent of an inexpensive, low-cost ERP from eresource ERP.

An ERP software should ideally give a business a strong foundation by incorporating all of the essential facets of managing a business. Expectations are also raised when a business implements an ERP solution. Only if the ERP system is a good fit for the business will the company benefit from it. And eresource is unquestionably the most dependable ERP system for any business process.

Automation streamlines business process 

The automated routine tasks performed by eresource ERP systems eliminate all manual tasks that take up staff time, are prone to error, and need rework. The fulfilment of daily tasks is ultimately more successfully accomplished as a result. The system gives the workers the tools they need to conduct their tasks with greater efficacy and effectiveness. In addition to this, businesses may use the best practises and organised, formalised processes that will further increase employee productivity by using the eresource ERP system to identify which workflows are efficient and which ones are not.

A manufacturer’s order-fulfillment procedures can be streamlined with eresource. Connecting to the business systems of partners and suppliers may be made easier. The use of eresource ERP can even assist a company in remaining in compliance with legal requirements, such as those governing recruiting procedures and environmental legislation.

Also Read – Best ERP Software for Construction in India

Maximise profits by lowering operational costs

A single, consolidated, central repository of up-to-date, correct business information is created by the eresource ERP system and is accessible to all personnel inside the company. A single system handles, records, and manages all of the data from all of the transactions carried out by each individual in each department, eradicating all discrepancies and mistakes in the vital business data.

Companies must run as “lean” as they can in order to gain and keep a competitive edge and maximise profits. Mid-sized businesses can significantly lower their operational costs by utilising ERP solutions to improve productivity and remove duplicate and overlapping back office chores and operations.

What all businesses must keep in mind is that without an ERP system in place, it will frequently be difficult to establish formal goals and KPIs, as well as to effectively track and analyse performance throughout the entire organisation. Strategic planning is improved by the eresource ERP system’s pre-defined reports and executive dashboards, which make it simpler to set goals and track progress.

Also Read – Best ERP Software for Manufacturing in India

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What is the significance of construction ERP software in UAE and India?

construction erp software

Enterprise resource planning (ERP) cites a type of software that different companies use to manage their regular business activities, including accounting, procurement, project management, risk management, compliance, supply chain operations, and adhering to the people’s demands.

ERPs for construction help for better project cost control, thereby reducing IT costs and unnecessary downtime, which is why you do not have to worry about your time and budget. With 4PS Construct, you get the advantage of the perfect solution for construction.

There are numerous benefits of eresource ERP. ERP system helps from optimizing processes to managing different sectors along with benefiting the relations of the customer and the business.

Here are the significance as well as benefits of utilizing ERP.

Improved Procedure

One of the best sides of eresource ERP software for construction is that it provides the provision to the companies to automate manual and routine functions. It helps the employees to focus on more critical work, as well as standardizes common business processes. The improved process of the organization leads to enhanced demand forecasting, lessened production issues, reduced lead times, and a responsive supply chain. Also, it contributes to business growth and the ability to stay ahead of competitors.

Great Mediator

ERP systems act as a mediator to connect teams, improving relations and employee productivity. With an ERP system, every employee has instant access to operational data, and lets them understand the company’s moving parts and their role. Real-time project updates and reduced errors further enhances the efficiency leading to smoother workflows and cost savings.

Proper Data Management & Enhanced Reporting

ERP software for construction gives the advantage of managing the data. An ERP system helps you to efficiently manage data and store it in a particular location for future use. That centralized data is always available for business and can be used by the system whenever required. It can compare functions across departments without too many spreadsheets or data sources and monitor business prospects like inventory levels daily to control capital more acutely. Data is the most important thing, and technological advances are integrating data with smart AI systems for improved analytics reporting, potentially providing insights on demand with voice commands for the system.

Built-in Conformity

Your business has to have regular compliance, and then it will be effective. A powerful feature of ERP systems is that it helps to figure out if you have missed something in the data. This lets the businesses to stay on top of and comply with relevant laws, guidelines, specifications, and regulations.

Access to Cloud

With the help of eresource ERP systems, we can get on-premise solutions; cloud ERP software has become more prevalent in recent years and is very useful. The significance of ERP software for construction is that cloud ERP includes lesser dependence on IT staff and mobility. Using a cloud-hosted system of eresource ERP solution means that the system can be accessed by the employees anywhere, anytime on mobile devices as long as there’s an internet connection as it is safe to use. It gives faster results and does not require the whole team to be present.

Meeting the needs of the customers

A part of the data ERP keeps the data of the customers. With centralized customer data, multiple departments of the organisation can easily access and collaborate on customer needs for faster response times and fast delivery. The sales team can make good relations with the customer and focus on improving relationships.

Adjustable and convenient process

The best part of it, like today’s ERP systems, is its convenience. A company can pick and choose which applications best suit its business needs without having to purchase what it doesn’t need.

The construction and real estate industry operates in a complicated and disorganized ecosystem, especially in countries like India. 

Moving faster than other businesses, real estate has made remarkable growth despite facing many obstacles in all aspects of its operations. From organizing, incorporating, and cost to ensuring conformity with regulations and cash flow visibility, businesses in this industry can beat the competition only if they properly manage multi-capability real estate and construction ERP software in India to automate them.

Conclusion

Modern scenarios have more straightforward solutions. To manage operations and tasks, ERP software for the construction industry is the best way to beat the problems. The ERP software for the construction industry in India has helped manage all the resources in the industry and its growth. Construction ERP software in India widely looks at all the operations. Eresource ERP software creates a combination of different sectors and divisions to make the exchange of information way easier. This enables the industry to get information conveniently and no longer depend on regional conditions or any other barrier.

Also Read – ERP Software in Nigeria

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eresource ERP is extraordinarily wide in scope and extremely useful business tool

erp software

For some companies ERP may be a new concept and it is little difficult to convince the users about the benefit of a new system. It is normal for anyone to understand the situation that the people who are used to work on an earlier system for years will not accept the changes that easily. This can overcome by proper training of the ERP system. This training is a core subject of our implementation process. That is because a regular training session will help the users of the new ERP system understand the benefit of it. It can bring a lot of benefit to the users as well as the organization. Working methods will become much easier for the users. This will make the users getting more time to concentrate on their job instead of breaking their heads to carry out their usual routine work.

eresource ERP system is extraordinarily wide in scope and can be extremely useful for many organizations. Though there may be some changes required in the work practice it can be effectively done with the proper training of the users. Our effective training sessions can make your users very comfortable with the system and our easy to use interface can be added advantage for them to use the system in a proper and professional manner.

The key to eresource ERP is integration. Its main goal is to integrate data and processes from all areas of the organization and unify it, to provide ease of access and an efficient work flow. There is also another factor why you must work with eresource ERP. It is fundamental to work with the best software suppliers, because in this way you can be sure that your investments are not going to be wasted.

Also Read – ERP for Steel Industry

Guaranteed on-time implementation

erp software

In the earlier times implementation of an ERP system was a complex issue and there was a fear among the investors whether it will do any good for their business. The reason for this fear was the total time taken to implement the system successfully as many of the system took long time to get an ERP system implemented and set the whole process into action.

However, ally the fear of our customers; we have earlier introduced a Guaranteed On-time implementation process for on-premises deployment, which makes the system ‘go live’ without a single day’s delay. Also with the advent of our cloud deployed ERP system the implementation has become a non-issue.

Also Read – Project ERP

ERP installation and implementation

ERP installation and implementation are two different things. It is very important that users must be able to differentiate these two concepts. As installation is the mechanics of changing from one software package to another, implementation is the method a company uses to achieve their goals by transforming the way they carry out operations.

Implementation process ensures that the software is not only installed, but also meets operational and strategic goals. A successful installation must guarantee that the ERP system will achieve company goals over a sustained period of time.

The installation process begins with making the computing environment that will host the ERP system. In the case of a hosted ERP system, the system providers will handle the details of making the system available to the customer based on the terms of the contract.

As far as the implementation part is concerned organizational change is a very important factor as there is going to be some changes in the process. It is a false idea to think that the successful implementation only depends on the services that the ERP solution provider can offer you.

Also Read – ERP Software for Construction

Next-gen ERP system from eresource

However, with the next gen hi tech ERP solution like eresource has solved all these implementation and installation problems. With the web-based and cloud-deployed eresource ERP system there going to be no issues about implementation and installation matter.  Companies internet connected computers can ready implement our ERP system. And once the application is installed and the cloud server has been configured your ERP application goes live.

What is the important is the training of employees to handle the new ERP environment successfully. As the eresource ERP software has been developed with easy to understand and quick to operate interface, getting trained in this ERP system is not going to be a big task and a couple of days training will make your employees well versed with the system.

A live demo of eresource ERP system will reveal how easily you can manage all business process from anyhere anytime with just a computer with an internet connection. Being a web-based ERP solution eresource ERP is becoming most-sought after business system for every industrial organization.

Also Read – ERP Software for Manufacturing

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eresource ERP in Hyderabad

eresource gets closer to Hyderabad industries – eresource Xcel ERP, one of the best enterprise solutions, has been helping manufacturing organizations in Hyderabad with efficient process management and precise planning. eresource Infotech Pvt. Ltd. The developers of eresource ERP products, has appointed its own channel partner in Hyderabad recently to work close with our customers for an unerring service and assistance.

For more than a decade eresource Xcel 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.

Hyderabad, hive of business activity:

Hyderabad is a place that cannot be ignored by ‘eresource’, a leading ERP firm that has its base in financial capital of India, Mumbai. Because Hyderabad is the largest contributor to the GDP, tax and other revenues of the Indian state of Telangana, and the fourth largest credit centre nationwide. From small tea stalls to large Indian enterprises, Hyderabad is a hive of business activity.

Hyderabad is also home to some of the world famous landmarks and heritage buildings, showcasing marvelous relics of a diverse array of architecture styles. Inheriting a rich culture, it is famous for its literature, arts and handicrafts, pearls and jewels, music, films, and above all, its cuisine. The place has also earned the title of the gateway of south central India, bringing in pharmaceutical and electronics industries, among the others to easily expand their business empire. ‘eresource’ can help these industries many steps ahead with its ERP solutions that can assist with seamless management of all your work process.

Also Read – EPC Software

eresource can bring excellent benefits:

Over the years ‘eresource’ has proved its reliability and today it has been ranked one of the best ERP software in India. eresource ERP solutions are well known for its precision with data recording and report generation. Our system befits the need of accuracy in all the industrial verticals that we serve which includes, manufacturing, pharmaceutical, construction and infrastructure, chemical, fleet management, trading and distribution as well as automotive.

Looking at the changing business environment and the industry requirement, eresource has innovated its ERP systems 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.

Latest technology: The mobile ERP, the ongoing trend in ERP market provides powerful mobile interfaces. eresource Xcel has been developed with a fully Mobile application compatible interface. However, 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 is always on its mission to deliver a suitable solution to help its customers 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. 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 our sales division in this email mail ID sales@eresourceinfotech.com or call us now.

Also Read – Fire Safety Software

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ERP is a powerful tool

ERP is a powerful tool – An ERP system is a very powerful computer tool and organizations can gain a lot of competitive advantage by implementing an ERP system. Unfortunately, it is observed that many ERP projects have not been effective and hence unable to achieve the results envisaged.

As the cost of an ERP implementation project is high, it is critical for an organization to make the project a success and start deriving benefits out of it as far as possible. But what is it that makes an ERP implementation project successful?

>> A well-defined project organization structure that details the project planning, execution and monitoring mechanism.

>> An attitude that stresses on business transformation instead of process automation.

>> An approach that brings about the proper integration of people, process and technology through effective management of change.

Companies need a well thought out, comprehensive process to help plan, guide and control the entire ERP implementation effort. Before the entity-gritty of software selection begins, management should know how current strategy, process and supporting system work and if any changes should be made before the new information system is introduced. The pre-implementation stage is the time to re-consider the way you do business and to make a detailed analysis of the requirements and the expectations of the new information system.

Optimization of business process rather than technical innovation should stand in the focus of an ERP implementation project. Start defining software needs by examining current process that govern your flow of information and material throughout the order-to-delivery process and ultimately the entire supply chain. There is a common tendency to shortcut this very important activity but you will pay – sometimes dearly – in time and money for avoiding this essential step.

Take the time to evaluate your ERP plan before you commit to software acquisition and installation. Doing it right the first time is the only way to go. There are many people eout there who wish they had taken a brief pause to evaluate their direction.

Also Read – ERP for Project Based Industry

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ERP in India

ERP in India – Some of the first Indian companies to have adopted ERP practices are HLL, ONGC, ESSAR, Godrej Soaps, Cadburys, BASF, Telco, Maruti Udyog Ltd., Century Rayon, Citibank, ACC, ANZ Grindlays, German Remedies, Blue Star, Mahindra & Mahindra, Rallis India, Sony India Pvt. Ltd., Ceat Ltd., Indal, Ford Motors, Kirloskar, Knoll Pharmaceuticals, and Glaxo.

First tier companies (those with a turnover greater than Rs.10 billion) implement ERP to increase internal efficiency and external competitiveness. Once ERP is established at this level, these large companies begin to desire similarly increased efficiency from their suppliers. Hence, second tier companies are pressured to implement ERP, and a trickle-down effect ensues. Powered by the axiom that a chain is only as strong as its weakest link, Indian industry quickly has recognized that in order to work at maximum efficiency, ERP must be implemented at all levels.

Initially, the majority of ERP solutions have been marketed to companies with greater than Rs. 2 billion, and generally, according to industry reports, the total cost of deploying ERP has ranged between 1 and 2 percent of companies’ gross sales. Lower cost solutions are available for comparatively smaller sized companies.

Though the market seems to be very encouraging for ERP implementation, the time-frame for deployment may be an issue. However, since many companies that have not yet implemented ERP are leaders in their markets, it reasonably can be assumed that they will go for it within next five years. In fact, the ERP market should grow at a rate somewhere near the industrial growth rate.

Some industry categories, such as Automotive, Steel, Consumer Durables, Engineering, and Textiles have shown a very high ERP penetration. This means that these categories represent the greatest potential markets in next two years – other industries will follow. Figure 1 illustrates the market across various industries.

Also Read – ERP Software for Construction

>> Survey of Industry ERP Implementations

ERP implementations completed between 1995 and 1998 in India can give a sense of specific hurdles that companies may encounter in ERP deployment. Several companies were surveyed, and numerous ERP professionals were interviewed in order to assess the state of ERP in India. The results indicate that Indian companies are moving forward with ERP implementation primarily in response to thrusts from parent collaborators, to revamp in order to meet increased load, or to reduce lead times and inventory levels, and improve customer satisfaction.

Resistance to change – in the form of fear of the unknown, reluctance to learn new techniques, or IT department reluctance to change due to attachment to its product – was a major hurdle faced during many ERP implementations. Additionally, the duplication required in the initial stage, and the intense pressure exerted on manpower proved to be problematic, as did the level of customization necessitated by disparities between company requirements and solutions offered by ERP software. This problem is diminishing due to advances in the software facility models.

Cost overruns also proved to be a pervasive problem with ERP implementations. Since most consultants charge on a man-hour basis, project time overruns substantially inflate incurred costs. To avoid this problem, top management must develop the necessary commitment to ERP, and all employees should be prepared for the change before the ERP implementation process is started. This model should help to eliminate needless project time and cost ballooning.

>> ERP in the Service Sector

Transportation, medical care, hospitality, courier service, telecommunication, banking and financial services, and entertainment represent the major components of India’s service sector, and on probing into the various needs of these groups, it becomes apparent that the courier, transportation, and entertainment industries do not have specific current needs for ERP. Banking and telecommunication each have very specialized requirements that the manufacturing-inclined software solutions on the market would not effectively address. The same holds true for the medical care and hospitality industries. The service sector has the potential to become an important ERP market within a few years. At this time ERP implementation in the services sector is very limited – only a few hospitals and banks have done small-scale experiments. New software and processes will need to be developed to meet the specific demands of the service industries, so ERP players should begin now to prepare themselves for the tremendous potential of this future market.

>> Assessment

The Indian economy has reached a level of maturity that demands advanced technology. Although the Indian agricultural sector has not yet mechanized and there is little potential need for agriculture-based ERP in the foreseeable future, the services sector offers a largely untapped potential. With the pace of developments in the services sector continuing at 7 percent, there is a large scope for ERP in these markets.

Many Indian industries already have realized the need for ERP solutions, and the industry-related market growth should match the expansion of the sector as a whole. The maximum potential growth of the ERP market rests with companies that have a greater than Rs. 2 billion turnover, with smaller companies positioned to follow directly.

India is developing its infrastructure, ERP manpower requirements can be met, and the Indian mindset is changing with the times. Certainly, if the national railways could computerize operations, ERP does not seem an insurmountable challenge. In fact, the Indian ERP market looks very much like a $7.5 billion opportunity that has decided to take the plunge.

Also Read – ERP Software for Manufacturing