ERP for Industrial Manufacturing sector: eresource ERP Complex equipment manufacturing organization comes under Industrial Manufacturing sector, which is very technology and price sensitive market. Needless to say the challenges faced by this sector for the steady business process are numerous. As it is known that manufacturing is based on customer specification in Make to Order situation and translating customer specification into bill of material and bill of routing is a big challenge. There are even separate departments have been set up in some organizations to handle this activity. The ERP system have configured to order (CTO) functionalities where the design rules can be configured. It will be geared to handle any amount of complexity in design rule. Once the customer specifications are put into the system, the same should be automatically transformed into bill of material and routing. ERP Manufacturing industries have a strong requirement for analyzing at the quotation stage. Normally the customer specifications are complex and lead time for manufacturing is high. It is a big challenge to quickly quote the right price and promise the delivery date based on material and capacity availability. The ERP system will greatly help in this regard. Since design rules can be configured through the ERP system, it will be possible to quickly translate customer demands into manufacturing requirements and hence, reduce the cost of making the product. Also it will help in keeping the due dates to the customers based on organization capabilities. Since technologies are changing at a fast pace, the customers demand short delivery times from the Original Equipment Manufacturer (OEM). It is a real challenge to provide customer specific products at a short notices. The ERP system should be able to handle hybrid manufacturing scenarios (mix of make to stock and make to order) where they will take advantage of making the final product using Make to Order Scenarios (MTO) and reduce total time for delivery using the strong planning features of Make to Stock (MTS). The technology sensitive market requires close collaborations between vendors, contractors and subcontractors at the design level. Design level collaboration between different parties using the B2B interface of the business application will be of special help. Without use of sophisticated ERP systems, such collaboration cannot be effective. The management of spare parts is also important. Spare parts are characterized by both Independent and Dependent demand. While the former coming directly from the market and the later from the manufacturing of the final product. These scenarios are normally characterized by strong after sales service. ERP systems can really help in devising the service schedules, collating the service information from the market and providing the same as feedback to the design and manufacturing department, quick diagnosis and rectification of faults through knowledge management and managing after sales contracts with customers. The whole process of manufacturing has to be taken up as a project with demand pegging throughout the manufacturing structure. This indicates there is a strong need of information exchange across the manufacturing project and at all levels. Also Read – ERP Software in Mumbai
Indian ERP Market eresource ERP helping many small and medium business enterprises in India gain maximum benefits from its ERP implementation and also edge over their competitors by successfully integrating its key business operations. eresource ERP system links the sales, purchase, manufacturing, order, inventory, supply chain and warehouse management modules in an enterprise for fast and accurate information access to every single person. This is because every single operation and action taken at any place by any person depends on consistent and updated information. Whatever a person required can be immediately accessed by him provided he has the legitimate access to the system. ERP Modules at a glance The integration of the business processes improves coordination between bodies, streamlines workflows and processes and benefits them in terms of retaining and satisfying customers by delivering their orders ‘on dot’. eresource ERP also helps keeping the customer informed about their orders’ current status rather than keeping them waiting for information. eresource ERP makes an organization more time-sensitive. The manufacturing enterprises can also benefit of better marketing opportunities through eresource ERP. It also penetrates section-wise to addresses solutions to many shortcomings existing in an organization. eresource ERP also further enhance the decision making by highlighting future projections about sales during a certain period of a certain product. It helps the management take appropriate decision on the production plan and also helps the executives to introduce new value added features to the existing product. This way the product quality could be checked on time which will enhance the sales process. Listing of benefits from eresource ERP also includes reduced inventory costs by better planning and forecasting of requirements. Ultimately eresource ERP system helps getting higher return on investments (ROI) quickly. Finally, there are no two opinions that ERP system has a great importance and it has become the need of the hour for the survival of organizations especially in the manufacturing sector. Irrespective of their strength, whether they are the big players in the field or the SMEs, their success will depend on the way they are dealing with the current business process environment. With this note we would like to remind them that an ERP system is part and parcel of that successful formula. eresource ERP for Manufacturing industry consists of following modules. Sales and Distribution Management This Module comprises of Contact Management and Sales Order Processing Management. It is an integrated solution comprising of marketing and sales activities. Organization can act immediately to improve sales, service and marketing effectiveness by using this Module. eresource Sales Management module is all about retaining customers, improving customer loyalty and gaining customer insight Purchase Management Module Purchase Management module in eresource ERP streamlines procurement of required raw materials, packaging material, sub assembly and other non-inventory materials. It automates the processes of identifying potential suppliers, Supplier Evaluation, Supplier Quote Evaluation, awarding purchase order to the supplier, and billing processes. Purchase module is tightly integrated with the inventory control and production planning modules. Manufacturing, Planning and Control Manufacturing, Planning and Control Module in eresource ERP optimizes the utilization of manufacturing capacity, parts, components and material resources using historical production data and sales forecasting. Total Quality Management Module eresource ERP Quality Control Module not only monitors quality by control plans in purchasing and manufacturing but also provides real-time process capability index for quick review. Quality Control in eresource facilities are versatile and offer support for every phase of your operations, from receipt and acceptance of raw materials, through production of intermediates, to inspections of finished goods before shipment to customers. Inventory and Material Management Inventory Management Module in eresource ERP provides a powerful and flexible set of features to help you manage and report your inventory information. eresource Inventory Management facilitates processes of maintaining the appropriate level of stock in a warehouse. The activities of inventory control involves in identifying inventory requirements, setting targets, providing replenishment techniques and options, monitoring item usages, reconciling the inventory balances, and reporting inventory status. Plant and Machine Maintenance The time has changed, machine breakdown and idle repair is no more accepted practice. The plant maintenance module in eresource ERP provides an integrated solution for supporting the operational efficiency. The plant maintenance module covers all equipment / machines of the plant. Excise Management The Excise module in eresource ERP will enable the organization to ensure Excise compliance to manage all transactions of Sales, Purchase, Production, Warehouse Transfer etc., This module will help the organization fulfill its statutory requirements according to latest government regulations. Human Resource Management Human Resource module in eresource ERP streamlines the management of human resources and human capitals. It comprises of four broad sections, mainly Training, Recruitment, Payroll and Attendance. HR module in eresource routinely maintains a complete employee database including contact information, salary details, attendance, performance evaluation and promotion of all employees. Finance Resource Management Finance Resource Management in eresource ERP gathers financial data from various functional departments and generates valuable financial reports such as Balance Sheet, Trial balance, General Ledgers, Quarterly Financial Reports, Account Statements, Gross Profit Analysis, Cost Center wise Analysis, Branch wise Profit Analysis, profitability report, Asset and Depreciation Management, Tax Management, ABC Analysis and many more. Also read – erp for trading company
Web-based ERP Software for Manufacturers : Many of the Indian manufacturers, who have implemented eresource ERP recently, has started showing a steady growth in their business which in turn has helped to bring a considerable return on investment (ROI) in a short period. eresource ERP, India’s leading and exclusive web-based ERP solution aims to bring a software revolution in India’s small and medium scale industry. ERP for India’s SMEs who are limping behind the leaders in their respective fields required a strong foundation for their functional process. Till recently an ERP solution was a distant dream for many of them. But with the introduction of eresource ERP the situation has been changed and many of these manufacturing organizations have implemented our low cost ERP which falls within their budget. As far as the Indian SMEs are concerned the customer is demanding fast turnarounds, which force the planning modules to be much smarter. A small mistake can be very costly. Therefore the ERP solution has to be flexible to accommodate changes and manage the process. With eresource ERP your business process to be more transparent, which ultimately helps add more customers to your client list. The best lesson to be learned by the small and medium scale enterprises in India is you can’t just compete on price and quality alone anymore. To keep pace with the competition you required a system. You need to have the ERP system on place. It will be too late if you don’t realize it at the right time. Also read – ERP for Packaging industry
Pharmaceutical ERP (Enterprise Resource Planning) software system is the most effective way to identify and track every single raw material from receipt through processing, packaging and shipping, to the exact customer location. If that is the case then what prevents from many small and medium Indian enterprises keeping away from implementing this effective tool. The ground reality points to cost factor. ERP is costly, that’s what some of the feedback we have received. eresource Infotech thought of an alternative. An affordable for ERP from eresource ERP for Indian market has been found its way through many of our customers who have started taking advantage of this effective tool in a very successful manner. The advantage of eresource ERP for pharmaceutical manufacturers are that it can effortlessly track lot properties while optimizing and improving other business processes like batch production, sales functions, inventory control, purchasing, quality assurance, accounting and finance, regulatory reporting etc. Best ERP for Pharmaceutical Industry It has been proved beyond doubt that implementation of eresource ERP systems not only gives more transparency to your business process but also it allows your business to operate more efficiently, predictably and more profitably. Implementing an industry-compatible eresource ERP system will not only meet the traceability requirements, but also seamlessly link all departments, resulting in streamlined operations, maximized productivity, and increased profitability. While choosing an ERP system you should consider both its ability to track every raw material from receipt through finished product delivery, and its adaptability to your unique manufacturing process. eresource ERP helps you to oversee every area of your business without the necessity for separate software packages or expensive customization. Also read – Manufacturing erp software in uae
ERP Software for SMEs The first and foremost reason being that it has been designed by an Indian software solution company exclusively for the Indian manufacturing industry, especially the Small and Medium scale Enterprises. Needless to say that the contribution made by the SME’s in the Indian manufacturing industry incomparable. What is more appreciable is that all these years they were contributing largely into the growth of Indian industry with their limited resources and infrastructure facilities. Growth of any industry depends on what basic environment they work with. An advanced work environment will not only boost morale of their employees but also the outcome will be reflected in the quality of their product. Also Read – ERP for Electronics Industry eresource ERP Software for SMEs (Small and Mid-size Enterprises) There was a time when implementation of ERP solution was a long lost dream for many of the SME’s in India. They never imaged implementation of ERP could be within their reach in near future. But introduction of an affordable low-cost ERP by eresource Infotech was a dream comes true for the Indian SME’s. The reason why we have come out with this kind of a solution is that if Indian SME’s could perform tremendously with the limited resources they have, they can also bring miracles in the industry if they are armed with right working environment. We were sure that the implementation eresource ERP will definitely change the way they work and also it can make the impact on their production sector, in both quality and quantity wise. Another matter of success with eresource ERP is its quick implementation. The ERP system should be implemented quickly, efficiently, on time and on budget and with no interruption to the business. As far as Indian SME’s are concerned time factor is very important and fully understanding this scenario eresource ERP gives maximum priority in implementation process. Over and above, eresource Infotech serves all our ERP customers directly, unlike some ERP vendors who have a strategy to serve the large client directly whilst, directing SME’s to their re-sellers or consultants. Though our client list too include many large enterprises, when it comes to business we are impartial. That’s our policy practice, indeed. Also Read – Best ERP for Automotive industry
ERP Software Training it was discussed earlier how an ERP implementation could turn success or failure depend upon the user. There are different views expressed by Indian users towards ERP, but mostly it is based on organizational culture. The word ‘culture’ is used here to connote the average IT acquaintance of the overall users. In India, normally four different cultural transformations prevailed during ERP implementation. From no system to ERP system From manual system to ERP system From computerized system to ERP system From ERP system to ERP system In the normal circumstances at least two scenarios do exist in most of the Indian companies and sometimes all the four types exist in one organization itself. As the characteristics of the users differ in all the four cases the situation must be managed accordingly. An assessment of ERP by the users is that ERP is a ‘job killer’; hence attempts are made to kill ERP first. Most of the users of this school of thought found successful in their mission but unsuccessful in retaining their job. ERP has nothing to do with the downsizing of employment, but it may possibility recommend redeployment of people in appropriate areas. We have to agree on certain issues like so many years the organization had built a mentality of not owning responsibility in the employees, which immediately cannot be changed within a year or so. ERP expects boundary-less flat organization structure where every employee is a decision maker and not a mere follower. Secondly, the decision-making must be scientific than based on ‘gut feel’. Thirdly, ERP assumes that the user has an in-depth knowledge of the process he is associated with. He has to work in a team as a key resource element. The objective of the user is to pass maximum value to the customer than to create his own convenience. The user must be analytical in his thinking and be able to use information generated through data iterations for more effective and informed decisions. eresource ERP plays successfully when it comes to the training part and our hardcore training session makes the user fully equipped with handling of the system independently. The solution provider must pay attention while providing training to the user in the right manner. To become a good user, one has to get trained and trained well, and later self trained. But what is the disappointing factor is, unlike eresource ERP, most of the ERP training in India is more of software training rather than going deeply into the functionality and technicality of the ERP system. Normally the user is shown various screens of the ERP system and taught how to enter what he was doing previously. Actually the trainer must explain to the user why he should enter there, what are the repercussions of his entries in other modules, how to use the best out of multiple settings, why a particular setting is made like that, etc. In fact, the reality that every entry is the financial entry and ultimately gets posted into General Ledger and posted in turn into Profit & Loss Account or Balance Sheet is never realized by the user during training or even after ERP implementation. This feel of responsibility is extremely essential for the user to become a mature ERP user. To enhance the interest of users Indian companies must make a point of user training, focusing on ERP software functionalities and not merely on tools for ERP. Ideally, the training program should be designed to cater to individual needs and hence carefully planned. Secondly, the empowerment has to be planned slowly but positively over a period. This should include removing ridiculous and conflicting targets, thus helping the users to participate in making ERP a success. Also Read – Benefits of ERP in Construction Industry
Ways to ensure ERP success: In our last article we have discussed what makes a business grow. It was explained in details the basic qualities, applications and dedicated efforts are necessary to succeed in a business field. What we would like emphasis in coming series of articles are that just implementing ERP solution won’t make your business grow. To make ERP implementation sensible, we have to consider some other elements along with its focusing styles and then formulate the overall plan of actions. There are five important elements that have been identified and these are analyzed in details in the following articles. The Client: The first and foremost element The client is, who suggests focusing on the organization’s main line of business. As ERP implementation is more of business strategy than IT strategy, one has to analyze the key business driver’s specific to the industry and also for the company. It is customary to redefine the business processes with proper synchronization of these drivers along with improved customer interactions. The term ‘customer ‘ includes internal as well as external. The organization must plan for leaving traditional functional set-ups and re-configuring its resources across pull type process set-ups where every transaction has specified supplier, customer, and the activities known in all aspects. What is happening in most of the Indian companies is that even after adopting ERP, the organization continues with traditional functional style of departmentalization. This is mainly because of the absence of customer driven strategic plan or its incomplete ERP implementation. In such set-ups or typically in make-to-stock environment, we find the traditional atmosphere of rivalry between various functional departments. For example, Marketing is the main ‘culprit’ for the production planning inefficiencies because of the dynamic, non-standard requirements which do not make sense. Also Read – Eresource plays big role in global ERP market Similarly, production planning department is regarded as the ‘worst’ ever planner by the purchase department. The accounts department is the common enemy of all. Such culture is the outgrowth of the multi-hierarchy organization structure in which cohesive and common language for business performance is missing. The organization is operating with fragmented departmental optimum results and no orientation is observed for the integrated business strategies. ERP completely fails to address such environment the underlying reason being misunderstanding and lack of coordination between different departments. ERP cannot ‘fulfill’ the requirements of these users. For example, a sudden change in released marketing plan without consent of planning and purchase will create complete nervousness in the organization. Also, the targets given to purchase will conflict with production and maintenance targets. Such local optimum objectives lead to overall fragmentation and under utilization of organizational resources. ERP never supports these practices and the corresponding deviation between the Sucessfull ERP software concept and the organization practice will make ERP a costlier affair for the organization. If the client is not able to switch over to lean products and still wishes to eliminate these problems, then S&OP (Sales and Operations Planning) must be followed sincerely. It is the only way out for the Indian companies to improve their existing ERP performance. A few organizations already started this, but it should become a general feature across all sectors. The main idea of SOP is to collaborate internally and find out workable and naturally optimistic plans for particular planning horizons. Participating regularly in such meetings will boost the morale of participants for driving ERP towards success. An important point to be noted here is that this recommendation is applicable to each and every industrial sector including manufacturing and service. Also Read – Major benefits of ERP in production planning
Indian currency this is the one question many businessmen ask themselves. What makes the business grow? We have the answer. It is the Planning. Planning makes a business grow and yield good profit. You may think it is simple. But is it? No. Do you want to find out why it is not simple? For a good planning in business you need to get proper guidance. Are you getting proper guidance or you being misguided? Let us begin from the beginning. It is said that, well begun is half done. This punch line best suited as far as a business enterprise is concerned. In today’s hyper competitive markets, small and midsize companies are faced with ever-growing challenges and they could overcome these challenges if only they are fully prepared. Business enterprises must be occupied with the infrastructure, whether it is in the form of man power strength or the software system, which could streamline and handle the workload successfully and help deliver the result in a desired manner. Success of a business lies in the faith their customers keep with them. To gain the customers’ faith, organizations must fulfill their commitment. Is your organization able to keep the commitment? If not, why? You must have searched for the reasons many a time without getting an answer. Also Read – Manufacturing ERP Software In spite of having dedicated personnel who are ready to carry out orders successfully and enough man power strength to bring out required product from the factory, most of the time you have failed to achieve the desired result. You have failed to deliver goods to your customers as per the commitment made. What went wrong when everything seems going right? We can say nothing went wrong. But you failed in your planning or things weren’t turned out as you and your personnel anticipated. Production department need the raw material to produce the product. You need to provide the raw material. Have you made sure your production department had enough stock in their hand? Have you made arrangement of these materials with your delivery sources? No. Isn’t? And because of the some human error you failed to deliver the goods and you could not keep the promise made to your customers. Will these customers approach you again for their requirements? Can your business survive if the customers don’t come back? But you could have avoided this entire scenario if you had implemented eresource ERP in your organization. eresource ERP identifies the requirement of production in advance, from the raw material requirement, stock available, stock to be ordered, delivery time, production details, man power required, time required for production and all that need to bring out the product on time on a required manner and also it intimates the concerned departments though email alerts. It is just a small example of how eresource ERP could contribute to your business function. eresource ERP, a reliable and affordable ERP solution from eresource Infotech, identifies and supports every function of an organization including its branches, departments and its sub-sections. What is more exciting about eresource ERP is, it not only addresses all your day to day business challenges, you will also get a healthy return on your investment quickly and faster than you probably thought. Also Read – ERP Software for Project Industry
Deliver Return On Investment with ERP software of eresource: A flexible ERP, a reliable ERP, a user-friendly ERP, an affordable ERP, these are some of the features that make eresource ERP stands out from the rest. It is a known fact that due to the economic slowdown it has become a question of survival for majority of the small and medium scale industries in India. The rapid functionality changes in the business environment forces them to be more aggressive, competitive and intelligent. To keep pace with the rivals in the field every organization need to make some smart moves to take their business ahead and help yield a pre-conceived profit. A good resource planning system required to support any smart move to make the desired results. This is the juncture where eresource ERP plays a major role by conceiving and implementing a most reliable and suitable ERP system in place, which obviously results in good ROI (Return on Investment). It is not surprising that eresource ERP has bagged the prestigious UDYOG RATTAN AWARD for Excellence for its services. We are very proud to be the number one in our field in the country. Being the only exclusive home-grown WEB-BASED ERP, our customers are bound to yield a good return on their investment and tremendous growth in their business without any worrying factors. What is more exciting about eresource ERP is, it not only addresses all your day to day business challenges, you will also get a healthy return on your investment quickly and faster than you probably think. eresource ERP can yield higher net profits by: 1. Streamlining your supply chain 2. Improving customer relationship 3. Reducing operational cost 4.Allowing real-time access to information 5. Providing foundation to growth Also Read – ERP Software for Infrastructure Industry
ERP implementation and ROI it is not only the successful implementation of ERP is the prime objective of eresource project management team, but also to help achieve a return on investment (ROI) in the shortest possible time. Return on investment does not just imply in terms of financial gain. It can be in terms of the growth in productivity, efficiency, or in terms of overall improvement in the performance of the company or even to the extent of better transparency in the operations being carried out by the firm and of course, the satisfaction of the users. eresource ERP implementation also results in bringing together various sections of the organization like personnel, material and processes. This may help change the organization’s working culture. Also Read – Construction ERP Software in UAE Issues in ERP implementation Every organization has its own cultural or organizational structure. In this situation, it is natural for them to be sceptical about ERP, since it is felt that their businesses are unique, organizations varying and cultures different. However, there is no need of such concern as eresource ERP package has been designed and is being continually upgraded to incorporate the best industry practices to suit most industry segments. With thorough and dedicated BRP study and adapting those changes in the business process well before implementing the eresource ERP shall help make things smoother. It is therefore recommended that this methodology is followed; otherwise there is chance that most of the time users are left frustrated. This leads to poor participation and costly delays. It is important to understand that an ERP packages not necessarily fit in completely with the existing business practices of most organizations and hence, the onus is on the users to appreciate this fact and to work with the implementation consultants in trying to adapt to the package. In doing so, they don’t have to feel that they are compromising on their business effectiveness; rather, by accepting the package, they are adopting the best of breed business practices and ensuring the successful implementation of new system. Also Read – ERP Software Company in India The other important factor is that the users do not expect a reduction in their workload immediately after the implementation of ERP and should not look for a miracle to happen. An ERP package is only an enabling tool and improves the flow of information and formalizes all the business processes and workflow that exists in an organization. It helps users to do their jobs better, which may call for additional efforts. If one has to have more information in a system, it entails more work for more users, but the benefit is that this information is properly stored and can be fruitfully uses by other users in making better decisions. As the flow of information throughout the organization improves, the company starts performing better and this in turn benefits the users who have collectively improved their way of working. The package design and the architecture facilitate the availability of information to all authorized users in a useful way. Also Read – Manufacturing ERP Software in UAE
eresource ERP Payroll Software: eresource ERP for Human Resource Management is a suite of integrated solution, designed to facilitate HR operations by reducing time-intensive administrative tasks and lowering costs by deploying self-service applications. This module equipped with a complete payroll solution. This simple to use, web-based ERP package can handle complex payroll requirements. eresource ERP payroll software consists of Salary management, statutory reporting and attendance management for salary calculation. eresource ERP solution offers many different sub-systems under the HR module. Listed below are some of the most common sub systems. 1. Personnel Management: The personnel management comprises of HR master-data, personnel administration, recruitment and salary administration. 2. Organizational Management: Organizational management includes, organizational structure, staffing schedules & job description. 3. Payroll System: Salary management, statutory reporting, attendance management for salary calculation. 4. Time Management: Time management includes shift planning, time recording, absence & leave management. 5. Personal Development: This section comprises of training and event management, additional training determination and training assessment. Also Read – ERP System for Construction Industry
Indian ERP Market growth – ERP has changed the way businesses were conducted in India. More and more organizations are implementing ERP solution. Integrated ERP solutions optimize resource utilization by providing up-to-the-minute information on demand for quick decision making. Industries that successfully implement ERP can enjoy an overall cost reduction for business, an increase in per capita productivity, quick response times, lower inventory levels, and better customer orientation, all of which lead to higher customer satisfaction. ERP implementation has also helped many organizations in India achieve great improvement in their management and operational control. ERP, which is much more than computer software, has changed functioning of the business environment in India and ERP solution is becoming indispensable in today’s business set up. India’s economic growth, in terms with the country’s exposure to intense global competition, has demanded the necessity for the implementation of ERP; of course, certain operational, financial, and psychological resources are required to satisfy these needs. Earlier, the majority of ERP systems have been focused on larger establishments. It was due to the high cost involved in the implementation of ERP system. With the introduction of low-cost ERP systems such as eresource ERP the smaller organizations also started benefiting from the advantages of this enormous business solution. As the Indian market seems to be very encouraging for ERP implementation, the organizations must pay attention to the time-frame deployment. The structured implementation programme can speed up system deployment and return on investment. (Read: eresource ERP’s On-Time Implementation). Though there are many big companies yet to implement ERP system, it can be assumed that that they will go for it in a near future. That will surely lift the Indian ERP market growth rate somewhere near the industrial growth rate. Automotive, Steel, Consumer Durables, Engineering and Manufacturing industries have shown a very high ERP penetration, which shows that these industries represent the greatest potential market in the coming days and we are optimistic that others will follow. Also Read – ERP Software in Nigeria
ERP Market in India ERP Market growth in recent times, the ERP scenario in India is witnessing rapid growth. Several manufacturing firms, automotive, steel, oil, textile and pharmaceutical companies have already implemented ERP solutions thus making ERP dominate the overall picture in these organizations. For the early adopters of ERP solutions, Finance and Accounting, Sales and Distribution, Materials Management/Purchase, and Manufacturing are the most popular ERP modules implemented. In recent times Plant Maintenance, HR, Transportation and Service modules are also growing in popularity. We find different industrial sectors like the cement sector, power sector, and food sector are going for ERP solutions. The construction or project companies have also implemented different ERP solutions suitable to their needs. Currently, the SME segment in India has been one of the most aggressive adopters of ERP software. In fact almost 60 per cent of companies in the SME segment have already implemented ERP. This substantial increase in the penetration level in the SME segment is attributed to the introduction of low cost ERP solutions such as eresource ERP which also caters the country-specific localizations and the availability of a large pool of skilled functional and technical talents. The primary objectives that the SMEs have for switching to ERP is to get aid in smooth inventory management, timely scheduling of production cycles and shipment of goods, managing human resources and online data communication. According to estimates, the ERP market in India has witnessed a growth rate of 70 per cent in the last decade. As a result, the market has leapfrogged over the years to a tremendous volume in terms of monetary gains. Many reports underlined the tangible quantitative benefits accrued by Indian companies in the post-ERP implementation era. Most of the time these benefits are difficult to prove on statistical grounds as soft benefits like comfort in work life, maturity in planning, attitude changes, transparency, visibility etc are either practically impossible to measure or correlate such improvements to ERP implementation. Companies are supposed to set their objectives before implementation followed by measuring the achievements after implementation, and only then should they conclude about the effects of ERP. Call +91 77389 72222 or Email us at info@eresourceinfotech.com for FREE Online ERP Software demo!
Demand grows for ERP there is no doubt that the Enterprise Resource Planning (ERP) systems are in great demand today. Industry analysts are forecasting growth rates of more than 30% for at least the next five years. According to a study conducted on ERP solution, corporate growth has been indicated as the most compelling driver for adoption of ERP amongst senior management respondents. Improved customer service, efficient distribution system, and reduced operation expenses are some of the other important business imperatives that are driving top management to implement ERP solutions. Majority of CEOs/Senior managers share the same view that ERP is an important tool to achieve competitive advantage. Following are some of the major factors of ERP popularity. ERP enables improved business performance through cycle time reduction. Cycle time is the time available at each station for the performance of the work allocated or the time elapsing between completed units coming of an assembly line. It also helps in increased business agility, inventory reduction and order fulfillment improvement. ERP supports business growth requirements through new products/product lines, new customers, global requirements including multiple languages and currencies. ERP provides flexible, integrated, real-time decision support in improving responsiveness across the organization. ERP eliminates the limitations of the legacy system such as fragmentation of data and process, inflexibility to change and insupportable technologies. ERP takes advantage of the untapped mid-market (medium size organizations) through increased functionality at a reasonable cost. These are some of the reasons for the explosive growth rate of the ERP market. As more and more companies are entering into the market, the ERP solutions providers are facing a competitive market which brings out the best in them. Initially the huge cost involved in the implementation of ERP solution has kept many medium scale industries away from it. However, with the introduction of affordable ERP solutions like eresource ERP, which is basically intended to serve the small and big players in the field alike, is bringing good benefit for Indian SMEs. This also contributed to the growth of ERP demand in the Indian market. Also Read – ERP system for Construction Industry
eresource ERP for Manufacturing is a Global Business : Speed of information flow has made manufacturing a global business. Coupled with advertising, the ability to move information at the speed of light has opened up all corners of the globe to makers of all products. The computer has changed the way we conduct our businesses. It has also allowed small companies to become giants in their industries by giving them the greatest. Mid-sized companies have access to the same quality of information as the giants in their fields. The question is no longer, where can I get the information I need? The question is now, what do I do with all the information I have? There are many computer programs designed to convert data into information, usually for a specific purpose or function. Shop floor workers need one level of information, in real-time, about the process or production; executives need a different view of that data for long-range planning and short-term deployment. Same data; different information. Data mining and data warehousing applications involve this aspect of information development. Databases are becoming larger and larger as companies find more and more data to store. Answering that call, software developers have looked for ways to bring many divergent requirements under a single, if huge, umbrella program called enterprise resource planning or ERP. What ERP strives to do is combine the needed functions of every application a company requires to do its job and integrate them all together. Also Read – Best Trading ERP Software ERP allows companies to balance customer demands impacted by multiple interrelated items and multiple plant locations. ERP adds applications for financials, supply chain, and distribution and requirements planning for multiple sites. It facilitates intelligent resource planning in the face of rapidly changing constraints such as materials availability, market readiness, plant capacities, personnel certification and business costs per location. In short ERP systems will allow decision makers to champion ‘an intelligent, agile and responsive organization in the global marketplace of the next century.’ In modern manufacturing operations, information starts at the top and the bottom simultaneously. Data originates at the machines, the process and the workers. It indicates what is being made, how and where, when it will be done, and why it won’t be on time. ERP also can make a difference at the shipping and distribution end of a company. Shipments can go direct, and are therefore smaller and cheaper. In addition, there’s no need to stock materials or finished units, so stocks don’t become obsolete and have to be written off. Even before the manufacturing operation gets involved, information is necessary, such as in the sales effort. As the pace of the typical sales cycle increases and the ability to access more information increases, information systems must be able to keep pace and even improve the process. The most valuable information to our overseas people is product and customer information. It is exceedingly important for all sales people to have a complete view of all activity that occurs with a customer. This would typically include sales history, but now must include trouble calls, service requests, repairs and any other activity from general questions to product inquiries. ERP is not confined within the walls of a single entity. With the web-enabled ERP such as eresource ERP, data flows go out to suppliers and vendors, customers and prospects. What you find out can be shared with another person or even millions of people at the same time you learn it yourself. Design and product development can be a collaborative process without barriers of space and time. Groupware, data management and communications combine to allow everyone to sit in the same office, regardless of where they are physically located. eresource Infotech’s web-based ERP and its e-mail alert capabilities have exploded onto the scene as mandatory business requirements. It has helped even the playing field to a point where the size of a company is far less apparent and in some cases unimportant. The Web-based ERP offers a great resource and network capability that allows to puts more product information and customer service information in the hands of customer. The organization can also offer direct ordering of products and services and traditional order management services through the Web-based ERP Software Solution and improve the customer interaction. This should ultimately lessen the cost per order and allows the organization to focus more on customer grievances and less on traditional tasks. Thanks to the emergence of cutting-edge global IT solutions such as ERP, manufacturers have a better-than-ever chance of keeping up with the increasing demands their customers are putting on them. Also Read – ERP for Plastic Manufacturing Industry
ERP software for Process Manufacturing sector such as Pharmaceutical, Chemical, Fertilizers, Pesticides and others are faced with new challenges and opportunities as they strive to keep pace with the rapid changes taking place worldwide in the Information Technology field. Here are some of the challenges faced by process industry sector: The process of forecasting for these industries are quite complex as the same depends on season, market segment, brand etc. There is a strong requirement from the sophisticated forecasting system from the business application, which will be able to perform demand planning with the help of numerous statistical models. Process industry is characterized by the presence of items, which have both Dependent and Independent demand. Managing production of those items is a big challenge. Quality at source is extremely important. ERP can help in this regard by making integrated sophisticated quality management modules, which monitor quality by use of control plans in purchasing and manufacturing. There is a strong requirement for a comprehensive ‘yield monitoring system’. Here, the use of ERP becomes very effective since, business application can perform online yield monitoring with drill down facilities to quickly diagnose causes of variances (like root cause of low yield and scenario creation for identifying the right improvement initiatives). The completion of new product development projects may take years. The ability of business applications to help in concurrent engineering and efficient project management will not only help to crash the development time but will also help closely monitoring such initiatives. Being asset intensive, process industries are in great need of business applications, which will help in incorporating modern maintenance management techniques. This will increase the uptime of equipment’s while increasing the overall health of the machineries. From the delivery side they are normally characterized by an extensive distribution system such as having many depots, dealers etc. The new generation business applications can influence the management of stock at these stock points by minimizing stock outs and reducing the overall inventory levels. Sometimes, the stocks in the distribution network are a cause of considerable worry for the organizations. Managing the inbound and outbound logistics becomes a key challenge. eresource ERP is equipped with suitable modules to meet all the challenges faced by process industry sector. eresource ERP software meets its customers’ need by providing cost-effective solutions without any compromise on quality, performance and functionality. Also Read – ERP system for Construction Industry
ERP for Industrial Manufacturing sector: eresource ERP Complex equipment manufacturing organization comes under Industrial Manufacturing sector, which is very technology and price sensitive market. Needless to say the challenges faced by this sector for the steady business process are numerous. As it is known that manufacturing is based on customer specification in Make to Order situation and translating customer specification into bill of material and bill of routing is a big challenge. There are even separate departments have been set up in some organizations to handle this activity. The ERP system have configured to order (CTO) functionalities where the design rules can be configured. It will be geared to handle any amount of complexity in design rule. Once the customer specifications are put into the system, the same should be automatically transformed into bill of material and routing. ERP Manufacturing industries have a strong requirement for analyzing at the quotation stage. Normally the customer specifications are complex and lead time for manufacturing is high. It is a big challenge to quickly quote the right price and promise the delivery date based on material and capacity availability. The ERP system will greatly help in this regard. Since design rules can be configured through the ERP system, it will be possible to quickly translate customer demands into manufacturing requirements and hence, reduce the cost of making the product. Also it will help in keeping the due dates to the customers based on organization capabilities. Since technologies are changing at a fast pace, the customers demand short delivery times from the Original Equipment Manufacturer (OEM). It is a real challenge to provide customer specific products at a short notices. The ERP system should be able to handle hybrid manufacturing scenarios (mix of make to stock and make to order) where they will take advantage of making the final product using Make to Order Scenarios (MTO) and reduce total time for delivery using the strong planning features of Make to Stock (MTS). The technology sensitive market requires close collaborations between vendors, contractors and subcontractors at the design level. Design level collaboration between different parties using the B2B interface of the business application will be of special help. Without use of sophisticated ERP systems, such collaboration cannot be effective. The management of spare parts is also important. Spare parts are characterized by both Independent and Dependent demand. While the former coming directly from the market and the later from the manufacturing of the final product. These scenarios are normally characterized by strong after sales service. ERP systems can really help in devising the service schedules, collating the service information from the market and providing the same as feedback to the design and manufacturing department, quick diagnosis and rectification of faults through knowledge management and managing after sales contracts with customers. The whole process of manufacturing has to be taken up as a project with demand pegging throughout the manufacturing structure. This indicates there is a strong need of information exchange across the manufacturing project and at all levels. Also Read – ERP Software in Mumbai