This document discusses ERP modules and benefits for manufacturing industries. It outlines key ERP modules like financials, sales, purchasing, inventory, and production. It also summarizes the main challenges manufacturers face in achieving growth and key benefits of ERP systems like streamlining processes, improving decision making, enhancing customer satisfaction, and increasing productivity and revenue while reducing costs. The document provides an overview of ERP constraints and important factors for successful ERP implementation such as management commitment, change management, and project management.

1. ERP - For MANUFACTURING INDUSTRY VELCOM ERP IT SOURCING PVT LTD An Independent ERP Consulting & Talent Sourcing Company 1

2. ERP MODULES - OVERVIEW Financials Sales & Receivables Purchase & Payables Inventory & Warehousing General Ledger Fixed Assets Cash Management Budget & Forecast Cost Accounting Inter-Company & Consolidation Receivables Invoicing Order Management Return Order Management Pricing & Discounting Tax Payables Invoicing Order Management Return Order Management Pricing & Discounting Tax Stock Keeping Unit & BOM Substitution & Cross Reference Item Tracking & Cycle Counting Logistics – In & Out Bound Multiple Locations Barcode HRMS Planning Production CRM Marketing Automation Telemarketing Sales Force Automation Sales Management Service Management Email Integration R&D Supply Planning Capacity Planning Finite Loading Demand Planner Production Order Bill of Material Routing Shop Floor Control Lean Manufacturing Recruitment Performance Management Compensation Training & Development Attendance System Payroll Add-on’s Web Portal Analytics Administration Projects Quality Enterprise Asset Management Balance Scorecard Travel Compliance & Governance Industry Solution Employee Customer Sales Person Vendor Consultant Business Analytics Business Intelligence Report Builder User Management Configuration Tool Business Connectors Backup / Restore 2

4. Continually strive for following to grow & be profitable

5. Reduce Production & Supply chain costs

6. Improve Process efficiencies & Product quality

7. Satisfy an avalanche of Customer demands & Regulatory requirements

8. Drive to optimize manufacturing processes in order to increase agility & to ride the efficiency curve to serve the customer better

9. Other Key Challenges

10. Better Customer Service

11. Business Integration

12. On-time Delivery3

15. Model production capabilities, quickly share engineering information & adjust product mix for changes in demand to capitalize on new opportunities

17. 360-degree visibility on accurate forecasts, effective budgets, proper resource allocation & goals

18. Combine operation & financial analyses to optimize day-to-day operation4

21. Increase information worker productivity through realistic, appropriate business roles

23. Support multiple manufacturing modes & a hybrid or mixed-mode environment

25. View real time client, contract & project details for an accurate accounting of profitability5

29. Automate sales & purchasing processes, track & locate inventory items quickly & help ensure accurate pricing & discounts to improve customer satisfaction

30. Deep visibility & control over the supply chain, increase order fill rates, reduce risk of stock out or inventory excess & enhance overall responsiveness to customers6

32. Improved cash flow by more efficient & accurate billing procedures, lower inventory levels & quick turnaround

33. New opportunities identified through continuous, real-time monitoring of KPIs

35. Lower transportation costs through consolidated orders & combined shipments

36. Reduced warehouse costs from optimized utilization of resources & assets

37. Reduced cost of sales from use of profitable sales interaction channels

38. Sustained cost savings for all spend categories due to a standard approach to both strategic & operational procurement

39. Reduced IT costs because administration & usability have been improved, fewer interfaces are used & IT resources have been freed up to focus on value-adding strategic projects

40. Lowered TCO (total cost of ownership) by leveraging technology for facilitated exchange & interoperability with non-ERP systems7

42. Exchange data across multiple systems & gain visibility into business processes to improve decision making & control at every level of the supply chain

43. Connect inventory, production, purchasing & sales processes to gain accurate, real-time view of the entire supply chain.

45. Integrate partners of all sizes to release data throughout the chain that’s accurate, complete & available up to the minute

46. Costs reduced, processes speed up & smooth flowing operations throughout the supply chain8

48. Integration of supply chain processes with other business processes e.g. Sales & Operations

51. Enhance Material & Product Traceability

52. Implement effective recall procedures & maintain complete forward & backward traceability of any material

53. Track materials from purchase through production & sale with lot & location control9

55. Manage items from design through assembly, testing, shipping, installation & maintenance

56. Meet specific customer needs by configuring build-to-order items easily & effectively

57. Help efficiently produce & deliver products that follow custom formulas or recipes & take full advantage of manufacturing & supply chain capabilities

59. Forecast machine & resource requirements for strategic scheduling & precise delivery times by analyzing project cost & order processing time10

61. Personalize portal to meet business users specific needs

63. Maintain high production levels & on-time delivery rates by sharing portal-based, real-time information about specifications, order status & quality control testing among key departments & trading partners11

65. Business Process Re-engineering to fit the "industry standard" prescribed by the ERP may lead to a loss of competitive advantage

66. ERP is sometimes too rigid or difficult to adapt to the specific workflow & business processes

67. Many integrated links need high accuracy in other applications to work effectively. This should be done on a phased manner for smooth transition.

68. Once established, ERP switching costs are very high

69. Resistance in sharing sensitive internal information between departments can reduce the effectiveness of ERP

70. ERP once implemented is the lifeline of the business and downtime costs are very high & impact the business critically12

72. Clear Goal Setting & Budget Planning (TCO)

73. Business Process Re-Engineering

74. Change Management

75. Effective Project Management

76. Good Project Team - Client & Vendor

77. High Communication Standards

78. Scope Creep Management

79. Data & Approvals on Time

80. Education & Training13

81. THANK YOU! 14