ERP To Manufacturing and Production Industry: Automate Your Business with the latest technology
In today’s highly competitive business environment, the industry of production and manufacturing is constantly under demand to produce high-quality goods and reduce costs, boost efficiency, and ensure total transparency. This is the point where Manufacturing ERP can be a game changer.
An ERP (Enterprise Resource Planning) system integrates all of your essential business processes, including inventory production planning, procurement, sales, quality control, and finance, into one platform. No matter if you’re a small company or a huge company, the best ERP software for production industry can streamline your business processes and enable you to keep ahead of the competition.
What is ERP for Manufacturing?
ERP software for manufacturing industry is a specialized program specifically designed to oversee every aspect of a manufacturing company. From sourcing raw materials until the delivery of final products, ERP ensures that all operations are integrated, simplified and efficient.
For an manufacturing business ERP can help:
- Real-time production monitoring
- Management of warehouses and inventory
- Quality assurance and conformity
- Supply and purchase management
- Processing and dispatch of orders
- Cost and financial accounting
- Planning for resource and workforce
No matter if you’re in the business of processes manufacturing or discrete manufacture or made-to order/custom manufacturing, ERP brings all your departments together under one umbrella.
Why ERP is Essential for the Manufacturing Industry
Let’s see how ERP for the manufacturing industry can add value to the modern production environment:
- Real-Time Visibility
- Monitor every single order in the inventory status, delivery process, and production–live and in real-time.
- Improved Planning and Scheduling
- Automatically create production schedules that are based on the quantity of inventory, customer orders and time-to-delivery.
- Reduced Wastage and Cost
- Reduce downtime, identify bottlenecks and ensure that material efficiency is maximized.
- Quality Control at Every Stage
- Monitor quality checkpoints, create compliance reports, and cut down on errors or Rework.
- Integrated Financial Management
- Control spending, budgeting and analysis of profitability.
- Scalability and Growth
- No matter if you’re a small-scale startup or a growing enterprise, ERP evolves with your company’s needs.
Core Features of ERP Software for Manufacturing
1. Production Planning and Control
- Manage and create production orders
- Check machine efficiency and monitor work centers
- The Bill of Materials (BOM) and routing
- Planning capacity and scheduling jobs
2. Inventory and Material Management
- Stock updates in real-time
- Raw material and tracking WIP
- Barcodes and RFID-based technology
- Tracking serial numbers and batch numbers
3. Procurement and Vendor Management
- Alerts and levels of reorder
- Automated RFQs, purchase orders and purchase orders
- Multi-vendor comparison
- Supplier performance tracking
4. Sales and Order Management
- Integrated CRM
- Invoicing and quote
- Order lifecycle tracking
- Logistics and delivery plan
5. Finance and Accounting
- Multi-level cost center management
- Profitability tracking for each job or product
- GST/VAT compliance
- Management of assets and payroll
6. Quality Management
- In-process, in-process, and final products Inward, in-process and finished goods
- Dashboards and inspection reports
- Compliance audit trails
- Non-conformance monitoring
ERP Software for Production Industry: Tailored for Indian Businesses
ERP Software Designed for the Production Industries in India must address local issues, such as the rising cost of raw materials as well as a wide range of product offerings local labor issues and stringent standards of compliance (GST, ISO, MSME standards).
Modern ERP systems provide industry-specific modules that can be used for:
- Automotive & Auto Components
- Electronics & Electricals
- Engineering Goods
- Chemical & Plastic Manufacturing
- Textile & Garments
- Packaging & Printing
- Furniture & Steel Fabrication
With these customized modules, manufacturers in India are able to use a pre-built system that requires only minimal modification.
Manufacturing ERP for Small Business: Big Benefits on a Small Budget
You thought ERP is just for big companies? It’s not anymore.
Nowadays, there are effective and affordable manufacturing ERP systems for small-sized business alternatives available on the market. Cloud-based systems that are easy to implement can assist MSMEs get the capabilities of a large-scale business without large upfront costs.
Benefits include:
- Pricing based on subscription (pay-as-you-go)
- Speedier dispatch (within weeks)
- Mobile access is available for staff on site
- Simple interfaces with easy learning curves
- Support and upgrades integrated
If you’re the owner of an enterprise of a medium or small size it’s moment to implement ERP and introduce digital transformation to your workplace.
Best ERP for Manufacturing Industry: What to Look For
Here are the most important elements that determine the ideal ERP system for manufacturing industries:
- Industries-specific modules (BOM and routing shop floor tracking)
- The ability to scale up with the growth
- Cloud deployment or on-premise deployment
- GST TDS, GST, and eInvoice ready
- Integration of third party software (e.g., Tally, Zoho, SAP)
- Assistance to Indian language and formats for regional languages
- Support for after-sales and user education
ERP for Manufacturing Industry Free: Is It Worth It?
Many companies are exploring ERP solutions for the manufacturing industry. free alternatives, like open-source software or freemium versions. Although these tools can be useful for the most basic requirements, they typically do not include:
- Secure data protection that is robust
- Advanced analytics and reporting
- Options for customizing
- Customer support that is dedicated
Free ERP could be a great starting point however, as your business grows and expand, you must consider a flexible and reliable solution that’s aligned with your goals for the future.
Top ERP Software for Manufacturing Companies
Here are a few widely-used ERP solutions used in India to manage manufacturing
- SAP Business One
is suitable for large and mid-sized manufacturers, SAP offers a comprehensive range of tools as well as advanced analytics. - The TallyPrime software with manufacturing add-ons
The most very popular choice for small Indian manufacturing companies with financial control at the heart of it. - Marg ERP
Affordable and GST-ready, ideal for trading-cum-manufacturing companies. - Odoo
Open-source ERP system that allows manufacturing workflows that are modular and flexible. - Accent 9 ERP
designed for Indian SME’s that supports multi-user, mobile and cloud-based capabilities.
Introducing Speetrance: Powering Digital Growth in Manufacturing & Production
Speetrance is an ERP leader and solutions supplier in India with a focus on ERP software designed for the manufacture as well as production industries. We provide scalable, customizable and cost-effective ERP solutions designed specifically for the needs of businesses across India.
If you’re operating a huge production facility or a smaller manufacturing facility, Speetrance delivers unmatched value by automating your company increasing efficiency and enabling digital transformation.
Why Choose Speetrance?
- Expertise in the Manufacturing Domain
We are aware of your challenges, be in managing your raw materials or monitoring quality or cost. - Industry-specific ERP modules
The ERP we offer includes the entire shopfloor management, to the billing of vendors and financial analytics. - affordable pricing
Affordable Pricing offer low-cost solutions that do not compromise on features. They are ideal for SMEs or startups. - Cloud and On-Premise Option
Select the best deployment model for your company’s needs and IT capabilities. - local support and training
Team members collaborates closely with your team to ensure a smooth transition as well as after-deployment success. - Data Security and Compliance
Speetrance ERP is designed with the most up-to-date security protocols and encryption to make sure your information is secure and your company is in compliance.
Speetrance ERP is Ideal For:
- Companies in engineering and fabrication
- Furniture and interior designers
- Production of rubber and plastic goods
- sheet metal, CNC workshop and
- Electrical equipment unit of assembly
- Industries of food processing, packaging and the production of foods
Whatever the size or the complexity of your manufacturing company, Speetrance has the equipment, the people and the expertise to make your business thrive.
Final Thoughts: Your Manufacturing Business Deserves the Best ERP
The production and manufacturing industry is advancing rapidly. In the era of industry 4.0 to intelligent factories, automation and digitalization are not an option, they are vital.
If you’re looking for the most efficient ERP solution for the manufacturing industry or require an manufacturing ERP for a small business or looking into ERP applications for the manufacturing industry Now is the moment to make the investment in your company’s digital backbone.
With a reliable partner such as Speetrance the path towards efficient, intelligent as well as scalable production is only one step away.
Ready to Digitize Your Manufacturing Business?
Call Speetrance today to schedule a demonstration and consultation. Let us assist you in choosing the best ERP to support the growth of your business and help you make your operation future-proof.
