Every manufacturing business operates with a unique set of systems and specifications, and has its own unique problems and challenges. The thing every business has in common is the need for control and visibility across their various processes. Be it any business, of any scale, it needs an ERP system to not just sustain in the market, but also to thrive. Hence, one should look for tailor-made ERP software for their discrete manufacturing enterprise. A good system can give you an edge over your competitors. Here’s how:
Saves time and efforts
A lot of time is wasted when a shop-floor personnel has to move from the work area to a terminal and manually update the number of units completed. The practice of putting all the data manually is not only time consuming but is also prone to mistakes. Having an automated way wherein the specifications can directly be read from the source document would save a lot of time and avoid errors.
A good discrete manufacturing ERP will help you manage a real-time inventory, which is helpful for getting accurate leads and feedback from work-in-process. It will give you the confidence for purchasing leads and will show you the production time estimates. It will also avoid surplus inventory by notifying you as soon as inventory conditions change.
ERP systems can also be directed to inform or remind you of the tool required to perform a certain operation, helping you ensure the same is in the right place at the right time. You will know when the tools, instruments, or the machines need to be calibrated, serviced, or changed with the help of tracking its usage.
Cost Reduction and Improved Profitability
The two ways an ERP can help you achieve a better ROI over time is by reducing costs and improving profitability. The system helps you and your employees in being more productive, and finds a way to decrease the production costs. It reduces errors and saves a lot of man-hours by automating the basic, tedious tasks.
Manufacturers often lose their business to a competitor due to insufficient time or the lack of quality. This situation arises when there’s a lack of production capacity, expertise, or sometimes, it is just the short sightedness of the manufacturer. Hence, the more data you have, the more effective your scheduling and planning can be, which, at the end of the day, makes your business more profitable.
Improve internal and external collaboration
The system forms a collaborative environment that optimises data sharing. The process views and workflow systems help manufacturers adopt the best practices for their businesses with surety.
At SourcePro, we offer smart ERP solutions for the manufacturing industry. Our solution, the New Horizon, provides an all-in-one ERP solution that automates your business processes, and helps you achieve maximum efficiency and quick ROI.