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Implementation of ERP in Manufacturing Industry

The implementation of modern ERP in manufacturing industry is not a new idea. However, with the introduction of new-age technologies and fresh challenges that industries currently face, the designers and developers of ERPs try to make their solutions more effective than before.

How To Make The Implementation Successful?

There are two key components of this implementation process. One is the company that designs and provides the implementation service, and the other is the company that obtains this service. A perfect balance and professional approach between these two companies is the key element of successfully implementing ERP for the manufacturing industry.

  • The company that designs and develops ERP solutions must understand the requirements of the companies that will use the technology.
  • The company should have ideas about the general work process of the manufacturing business and the current trends.
  • Their knowledge regarding the needs of people involved in the manufacturing business will help them produce perfect solutions.
  • There must be a combination of knowledge about the software and knowledge about the manufacturing industry.
  • Both entities need to understand each other’s requirements to make the implementation work and be long-lasting.

ERP in Manufacturing Industry

Functionalities of ERP in Manufacturing Industry

A wide range of functionality is typically included with the successful implementation of ERP, but some of the major ones are;

  1. Inventory management, raw materials, logistics, material movement, and transportations, warehouses
  2. Serial number management of products and raw materials or boxes, material requirements planning, and physical inventory counts
  3. General accounting solutions like general ledger, accounts payable, accounts receivable, cash flow management, fixed assets
  4. Engineering, routings, bills of material, outside services, engineering change control
  5. Integration with CAD systems, quality management, configuration management
  6. Sales orders, forecasting, quoting, shipping, and invoicing
  7. Event management, tracking of workflow, reporting, business intelligence tracking

Steps for ERP in Manufacturing Industry Implementation

Project Initiation:

It is necessary to set up the project’s infrastructure, including identifying the team, setting the budget, and project management tools to monitor the progress of the entire project.

Training and Data Conversion:

The team present at the manufacturing company should get baseline training regarding the ERP solution they will use. At this same step, the initial data conversion process will also start.

Process Development and Testing:

Development and testing of the process is the next step in the implementation program. Two teams will start working together to make the implementation process well-developed and test it to ensure seamlessness.

Go Live:

Once all the testing procedures are done, the project will go live to daily operations in the manufacturing industry.

Biz ERP offers complete ERP solutions for manufacturing companies. Please get in touch to know in detail about our solutions.

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The Role of Cloud-Based ERP Solutions in the Growth of SMEs

The demand for Enterprise Resource Planning or ERP solutions is huge in the current scenario. The proper use of this application can ensure a better and effective way of doing business and handling daily operations. ERP solutions have become almost indispensable for various businesses, including Small and Medium Enterprises (SMEs)

However, in India, one can notice reluctance among SMEs to adopt this technology. One of the reasons is that you have to spend a lot of money to buy and manage ERP software and hardware. But that is not true in all cases. Many small and medium-sized businesses have found that using cloud-based ERP is a cost-effective and flexible alternative. There are many benefits of availing ERP Solution for SMEs, which make the price of this solution reasonable, even minimal on some occasions.

Benefits of Cloud-Based ERP Solutions for SMEs

Custom Made Solution

When you approach the top ERP Software Company in Kolkata, you can obtain custom applications to match the specific needs of your business. Hence, you can get what exactly you need within your budget. The flexibility of the software will allow you to expand your daily operations to achieve your goals easily.

Minimize Initial Investment

Instead of getting on-site ERP solutions, you can opt for cloud-based ERP for your business and save a good amount of initial investment cost. Cloud-based ERP system offers great assistance to small and mid-sized businesses by saving them from the substantial initial investment.

Cloud Based ERP Solution

Better Security

Companies that design and develop ERPs always pay attention to the security matter of their clients’ data. It will monitor the entire process and will keep the data securely in the cloud network. The integration between the application and supported process and data is not an issue.

Reduce the Application of In-House Technical Staff

The use of cloud-based ERP solutions for SMEs means minimizing the need to hire on-site technical staff. It will save a good amount of monthly expenses for small and mid-sized enterprises, which is a big matter. With the cloud, there is no need to install and maintain additional hardware, eliminating the need to hire an in-house technical team.

Low Maintenance Cost

Most of the companies offer one-year free maintenance for their ERP solutions for the first year. Later also you can enjoy flawless and regular maintenance of your cloud-based ERP system at a competitive cost.

Biz ERP offers state-of-the-art technologies for new and smart businesses. We are a reputable ERP Software Company in Kolkata. For all your queries, please get in touch with us.