Digital Transformation is altering the manufacturing sector with IoT technology and industry 4.0. A popular solution is ERP for manufacturing which integrates different business functions.
2. Digital Transformation is altering the manufacturing sector with IoT technology and
industry 4.0. A popular solution is ERP for manufacturing which integrates different
business functions.
Introduction
ERP For Manufacturing: Importance, Features, and Benefits
3. • ERP manufacturing module is beneficial to all manufacturing companies.
• ERP enables the management and integration of different processes.
• ERP for manufacturing provides the latest information to all business departments or
processes.
Why do Manufacturing Companies Need ERP?
ERP For Manufacturing: Importance, Features, and Benefits
4. • ERP solutions have multiple modules with functionalities.
• Manufacturing modules provide a real-time view of manufacturing operations.
• The inventory management ERP module helps manufacturers get complete control over
inventory stock and streamline inventory purchases.
• Automation of manual processes will decrease human effort and errors.
Key Features of Manufacturing ERP Systems
ERP For Manufacturing: Importance, Features, and Benefits
5. • Helps to make sure that finished products meet the quality standards and regulations.
• Track financial transactions, boost profits and lessen business expenses with the accounting
module.
• Supply Chain and Distribution modules enable tracking of the real-time movement of
products across the supply chain.
Key Features of Manufacturing ERP Systems
ERP For Manufacturing: Importance, Features, and Benefits
6. • Improving Productivity
• Elimination of Process silos
• Decreases Business Costs
• Improvement in Forecasting and Reporting
Benefits of Manufacturing ERP Systems
ERP For Manufacturing: Importance, Features, and Benefits
7. • ERP solutions are categorized based on the deployment method
• On-premise ERP solutions are expensive and have limited scalability.
• Cloud-based ERP offers more flexibility than on-premise and is more cost-effective.
• Hybrid ERP combines both on-premise and cloud ERP.
Choosing the Right Manufacturing ERP Tool
ERP For Manufacturing: Importance, Features, and Benefits
8. • Digitalization of operations should be continuous in manufacturing companies.
• ERP for Manufacturing like SAP enables manufacturers to achieve process efficiency and
agility in operations.
• SAP B1 enables general manufacturers to decrease operational costs and boost productivity.
Conclusion
ERP For Manufacturing: Importance, Features, and Benefits
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