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Reduce Cost of Production and Increase Sales with ERP Solutions for Manufacturing Industry

Reduce Cost of Production and Increase Sales with ERP Solutions for Manufacturing Industry

Every organization needs to possess a robust selling and business department that may facilitate them in competitor their counterparts within the market. A comprehensive selling and sales module plays an energetic role in creating a corporation competitive and streamlining selling and sales activities. ERP system additionally permits such activities that area unit essentially the pre-sales tasks and necessary for corporations. Business franchise and partners area unit the common development of today’s world. Latest ERP applications associate the selling man to business franchises and partners for trailing and observance the employees’ performance. Some fashionable modules of ERP area unit service management, CRM, SCM, sales and financial, production etc.

Manufacturing ERP systems are all about processes and procedures and the tight integration of far-flung global supply chains. But as competitive pressures and narrowing windows of opportunity force manufacturers to partner up to optimize design, manufacturing and distribution, another side of ERP emerges: It becomes the collaboration engine, the glue that enables employees and partners to share data and knowledge and combine energies and intellect to achieve more with less. Empowering employees by giving them timely information simply boosts productivity.

Here are some ways Manufacturing ERP systems address today’s business challenges.

Product innovation

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Information flows so freely and rapidly in an integrated ERP environment that new product definition, development and launch becomes a highly collaborative process, bringing together marketing, sales, design, engineering and the entire internal and external supply chain. That ensures that you are working on the right product, with the right specs and customer benefits and that it’s build able and marketable. Sharing and ease of eliciting information from others makes innovation smarter and more responsive to market and customer requirements.

Transitioning from push to pull

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In manufacturing, inventory management software is like a millstone around your neck. It not only consumes administrative time, facilities, production capacity and working capital, it makes the organization less agile, less responsive and more insular. The visibility ERP systems provide into actual demand, existing inventory, scheduling and forecasts empowers employees to make decisions that transition the organization from a push mode, building for stock, to a pull mode, building to order. It is a much leaner, meaner, more productive mindset.

Supplier collaboration

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Supply chain partners can be granted access to manufacturing ERP information that enables them to be proactive rather than reactive, anticipating your needs and exceeding your expectations. Less time is spent on back-and-forth messaging, time consuming formalities and smothering paperwork.

Responsive customer service

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With manufacturing ERP systems, customer service representatives have at their fingertips the information to solve customer problems and answer their questions in seconds, not days. In fact, customer portals enable them to find the answers they’re looking for themselves. That can yield a huge productivity boost on your side of the ledger and enhanced customer loyalty as well.

Cleaner, quicker financials

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There are so many ways folks in the finance department can add value when they aren’t spending all their time chasing down numbers and rooting out errors to close the month’s or quarter’s books. Financial Management is one of the functional modules of ERP software. Integrating all activity with standardized procedures and reporting mean finance can spend more time on analysis, decision making and planning and less time counting beans.