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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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An ultimate guide to implement ERP software in a Construction company

Implementing an Enterprise Resource Planning (ERP) software in a construction company can revolutionize its operations and drive efficiency across all aspects of the business. ERP systems streamline processes, enhance project management capabilities, improve financial reporting, and provide real-time insights. However, the implementation process can be complex and daunting.

In this ultimate guide, we will walk you through the key steps to successfully implement ERP software in your construction company.

Define Objectives and Requirements:

Before embarking on an ERP implementation, it is crucial to define your objectives and requirements. Identify the specific goals you aim to achieve, such as optimizing project management, streamlining procurement processes, or integrating financial data. Conduct a thorough analysis of your current business processes, pain points, and future requirements. This will enable you to define the features and functionalities you need from an ERP system and guide your selection process.

Read More – Construction ERP software in India

Research and Select the Right ERP Solution:

Research various ERP software vendors that specialize in the construction industry. Look for solutions that offer industry-specific features, scalability, ease of use, integration capabilities, and ongoing support. Evaluate the reputation and track record of vendors, and request demos to assess how well their solutions align with your requirements. Additionally, seek feedback from other construction companies that have implemented ERP systems to gain valuable insights.

Form an Implementation Team:

Establishing a dedicated implementation team is crucial for a successful ERP implementation. This team should include representatives from different departments, including project management, finance, operations, and IT. Appoint a project manager who will oversee the implementation process, ensure effective coordination among team members and stakeholders, and act as a liaison with the ERP vendor.

Plan the Implementation:

Develop a detailed implementation plan that outlines the project scope, timeline, resource allocation, and key milestones. Break down the implementation process into manageable phases to ensure a structured approach. Identify potential risks or challenges that may arise during the implementation process and create contingency plans to address them. A well-defined plan will serve as a roadmap and provide clarity and direction throughout the implementation journey.

Also Read – Manufacturing ERP in Dubai

Data Migration and Cleanup:

Assess the quality and integrity of your existing data and perform necessary data cleanup activities to ensure accurate migration. Identify relevant data sets, including customer records, project data, financial information, and employee details. Develop a data migration strategy that includes data mapping, cleansing, and testing to ensure a smooth transition from legacy systems to the new ERP system.

Configure and Customize the ERP System:

Work closely with the ERP vendor to configure the system based on your specific business processes and requirements. Tailor the system to align with your construction company’s terminology, workflows, and reporting needs. Customize the system to accommodate industry-specific functionalities such as job costing, change order management, and subcontractor management. Conduct thorough testing to ensure that the system meets your expectations and supports your business processes effectively.

Training and Change Management:

Effective training is essential to ensure successful user adoption of the new ERP system. Develop comprehensive training materials and conduct workshops to familiarize employees with the system’s functionalities. Provide hands-on practice sessions to reinforce learning. It is equally important to implement change management strategies to address any resistance or concerns among employees. Communicate the benefits of the ERP system, involve key stakeholders, and create a culture that embraces change.

Integration and Testing:

Integrate the ERP system with other software applications used in your construction company, such as project management tools, CRM systems, and financial software. Conduct extensive testing to validate the system’s functionality, data integrity, and integration capabilities. Perform user acceptance testing (UAT) to involve end-users in the testing process and gather feedback for further improvements.

Also Read – Why is ERP software important for construction management?

Go-Live and Post-Implementation Support:

Develop a go-live plan and schedule the actual deployment of the ERP system. Monitor the system closely during the go-live phase to address any issues or glitches promptly. Provide post-implementation support and training to ensure smooth operations and address any concerns or challenges that may arise. Establish a support system with the ERP vendor to resolve any technical issues and ensure a seamless transition.

Continuous Improvement:

ERP implementation is an ongoing process that requires continuous evaluation and refinement. Establish a process for monitoring and evaluating the performance of the ERP system against the defined objectives. Regularly review system usage, user feedback, and key performance indicators (KPIs). Identify areas for improvement and optimize the system to further enhance efficiency, productivity, and the overall effectiveness of your construction company.

Also Read – Trading ERP Software

Conclusion:

Implementing ERP software in a construction company can be a transformative journey that streamlines processes, enhances collaboration, and drives growth. By following this ultimate guide, you can navigate the implementation process effectively. Remember to define your objectives, select the right ERP solution, form a dedicated implementation team, plan meticulously, migrate and cleanse data, configure and customize the system, provide comprehensive training and change management, conduct thorough testing, and ensure a smooth go-live and post-implementation support. With careful planning and execution, ERP software will empower your construction company to achieve operational excellence and thrive in a competitive market.

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

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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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Business intelligence software is known as ERP

In order to achieve integration, ERP (Enterprise Resource Planning) uses sub-systems that include hardware, software, and a shared database to store the data for various functions found throughout the organisation. ERP is a way to combine the data and processes of an organisation into a single system.

The term enterprise resource planning (ERP) used to refer to how major industrial organisations planned to employ organisational wide resources. Nowadays, ERP is utilised by practically all sizes and types of businesses, regardless of their industry or size. How do we determine which software applications qualify as ERP? It must, first and foremost, give an organisation functionality for at least two or more systems.

But many of today’s ERP systems are able to incorporate more than two functions into a single unified Data Base. Modern businesses use the ERP system, which unifies operations including human resources, supply chain management, customer relations management, financial management, manufacturing management, and warehouse management.

Integrating ERP is essential. Its fundamental objective is to integrate and unify processes and data from every part of the organisation in order to facilitate easy access and a productive work flow. ERP systems often achieve this by using a single database that makes use of numerous software modules.

The ideal setup would be for an organisation to have a single ERP system, but very large organisations have been known to develop an ERP system and then add external interfaces for other stand-alone systems considered to be more powerful or capable of better meeting the needs of the organisation.

Also Read – ERP for Construction Industry

The Perfect ERP Solution

The ideal ERP system would have a single database for the entire business and include all of the information for different software modules, including:

  • Bills of materials, quality assurance, the production process, engineering, etc.
  • Fixed assets, general ledger, and accounts (payable and receivable).
  • Payroll, time and attendance, benefits, and training.
  • Order input, purchasing, inventory management; claim processing, and supply chain planning.
  • Activity management, billing, costing, and time and expense tracking.
  • Phone Centre Support, commissions, client interaction, sales, and marketing.

Also Read – ERP Software in Ghana

Productivity and ERP

Prior to the advent of ERP systems, the majority of organisations used separate operating systems, databases, and data for each department. The issue was that many of those systems were unable to connect with one another. For instance, a company’s financial data would have been stored on a different computer system than its human resources data, which would have complicated the completion of several tasks.

An ERP system enables an organisation to have a seamless operation across all areas. The organisation benefits from higher productivity as a result, and software usage may be reduced.

Also Read – Best ERP Software for Manufacturing in India

Putting an ERP system into practice

An ERP system’s implementation is a difficult task. It necessitates extensive planning and consultation. An ERP implementation can take anywhere from three months to more than a year to complete.

ERP systems can be very sophisticated for many organisations and have an incredibly broad scope. For instance, adjustments to personnel and working procedures can be necessary. It is better (and more economical) to utilise consultants with specialised training in ERP implementation rather than just “in-house” IT staff.

One of the most crucial characteristics an organisation should have when deploying an ERP system is project ownership. It is crucial to ensure that everyone is on board and will contribute to the success of the new ERP system because there are so many changes that occur and that practically every person in the organisation is affected by them.

Employing ERP suppliers or consulting firms, organisations can implement their customised ERP system. When putting an ERP system into place, consulting, customization, and support services are required.

The earliest phases of ERP deployment, training, workflow, etc., are the responsibility of consulting.

Customization: extending the new ERP system’s use or altering its use by developing unique user interfaces and/or underlying application code. For an organization’s particular requirements, some items might still need to be constructed or customised. Support: Technical upkeep and support for ERP systems.

Also Read – ERP Software in Nigeria

The benefits of ERP systems

The benefits of deploying an EPR system are numerous:

  • All of it is integrated.
  • It has the capacity to simplify various procedures and operations.
  • Sharing data between different organisational departments is simple.
  • It raises productivity and efficiency levels.
  • Better tracking and forecasting are provided.
  • It is less expensive.
  • It offers better customer support.

Read More – How does ERP drive the transportation industry

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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 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

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eresource ERP joins Intel Software Partner program

We have great pleasure in announcing that eresource ERP, India’s leading web-based Enterprise Resource Planning solution provider, has become an Intel Software Partner.

Intel Software Partner Program provides access to whole number of tools for business planning, demand forming, technical and marketing resources, which help to expand business along with involving new customers and efficient track of new market trends. Program allows its participants to develop software solutions together with Intel’s processor technologies.

eresource is the only Indian ERP firm, which bagged many prestigious awards such as Business Excellence Award, Udyog Rattan Award, Business Leadership Award for its outstanding performance and extensive contribution in Product Innovation, Quality Management and Customer Support to the Small and Medium Enterprise Segment.

We are extremely thankful to our customers, well-wishers, channel partners and all others who have supported us in achieving this marvelous success. We are dutiful to extend our co-operation and service to all our customers and well-wishers. We promise you that our services and products can only get better with our Intel Software Partner program.

Also Read – ERP Software for Manufacturing

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EPC and MEP contracting firms needs a strong ERP system

EPC and MEP contracting firms needs a strong ERP system – eresource Nfra helps fulfil your commitment

As the construction companies in the world over showing a rapid growth in their business activities, the industry is becoming the main revenue source for a large number of sub-contracting firms that manages MEP contracting work. Majority of the major construction companies in India, UAE and many African countries have the practice of sub-contracting Electrical and MEP work for a easy and quick work flow.

However, many a time lot of these sub-contracting companies are finding it difficult to make their contracting agreements fulfilled due to illogical planning methods in their work strategy. The reason for their inability to fulfillment their commitments are due to lack of a business application like ERP system that could take care of their work schedule punctually. A sub-contracting firm has commitment to many big constrictions firms at the same period of time and managing all their work efficiently is not a easy task. The best way to address all its customers efficiently is to have an intelligent ERP system that could match with every types of work that these companies are demanding for.

eresource Nfra, one of the most sought-after ERP solutions that has been developed exclusively for construction industry, is the one and only best suited ERP system for Electrical and other MEP constructing firms. eresource Nfra for Mechanical, Electrical, and Plumbing (MEP) is an innovative business management software solution specifically designed for MEP management and contracting industry.


Tailor-made ERP for SMBs

eresource Nfra ERP system has been developed within the right parameters under the construction industry. Apart from its working methods increase in popularity of eresource Nfra holds another reason too, its price. eresource Nfra is also one of the most affordable ERP systems in the ERP market today. The system can be deployed in large to small and medium business organizations. Most flexible and customizable ERP system, eresoure Nfra is becoming first choice among many big construction companies as well as medium sized sub-contracting firms in the Electrical and MEP segment.

eresource Nfra ERP system will allow seamless workflow across the processes, resulting in greater operating efficiency and increased profitability. Apart from making your workflow smooth, the system can save your time that ultimately saves money. Contracting companies will have a tool to reduce estimating and other costs, which can have a dramatic impact on your business’s bottom line. This ERP system empowers contracting companies to make critical planning and other management decisions with a heightened confidence. With this system everyone in the company will have easy access to the timely and accurate data as per the request.

Also Read – ERP Software for Construction industry

System highlights

>> eresource Nfra system allows Schedule, deploy and ensure higher utilization of manpower with effective project management.
>> Integrating Project management activities with material management, purchase, subcontracting and transportation solutions allows the companies to reduce delays due to shortage of material and equipment.
>> Real-time visibility >> Accurate Budgeting & Accounting that Improves profitability.

EPC and MEP Contracting Model View

    >> Admin & Master
    >> BOQ Management
    >> Billing & Contract
    >> Customer Relationship (CRM)
    >> Project Budgeting
    >> Account & Finance
    >> Inventory & Stores
    >> Material Requirement Planning
    >> Purchase Management
    >> On-Site Engineer Portal
    >> Sub-Contractor Work order
    >> Project Planning & Control

Also Read – ERP for Manufacturing Industry