Enterprise Resource Planning in ... - Workplace Communication

Article by Manish Kumar

Enterprise Resource Planning (ERP) solution can significantly improve the productivity of the manufacturing sector. Use of ERP should not be looked at as a tool for automation of the transaction system. The major objective of ERP application should be improvement of business process.

ERP system has been defined as a packaged business software system that allows a company, to automate and integrate the majority of its business processes, and share common data and practices across the enterprise. Through integration of various functions in the organization, managers and staff alike can use timely information to make better decisions and to perform activities, which add value to the company. The biggest problem area for any manufacturing enterprise is fragmentation of information, ERP solution for manufacturing unit integrate all the functional area of the enterprise in real time and information available to all. ERP systems are designed to address the problem of fragmentation of information in manufacturing organizations. ERP systems integrate an entire business with a suite of software modules covering all cross functional processes of manufacturing sector.

Modules in ERP to integrate cross functional business processes are:Sales and Distribution Management ? This Module comprises of Contact Management and Sales Order Processing Management. It is an integrated solution comprising of marketing and sales activities. Organization can act immediately to improve sales, service and marketing effectiveness by using this Module.

Inventory and Material Management -Inventory Management Module in ERP provides a powerful and flexible set of features to help you manage and report your inventory information. ERP defines raw materials, work-in-process, and finished goods in terms of any unit of measure with automatic conversion from one unit to another.

Purchase and Order Management Module -Supports the entire purchasing process, from securing quotations to receiving and issuing vouchers for materials, to updating inventories. The sales utilities allow to enter Sales Orders, ship from finished goods, generate an invoice and transfer a transaction to Accounts Receivable.

Production-ERP supports the simultaneous launch of a series of production projects for all components within a batch. You can size a batch based upon a finished weight or volume, or on the availability of component materials. Raw Materials are issued while the finished goods are posted in real-time on batch closureMaster Production Scheduling ?Mps? & Materials Requirement Planning ?Mrp?- Provides the versatility of planning materials and resources across an extended timeline. MPS transform business plan into an efficient product-manufacturing schedule; while MRP integrally plans raw material requirements to meet commitments.

Quality Control Module-Quality Control of materials at purchase receipt, production or sales shipment. This flexible approach harnesses the QC tests as they are created, and allows for a range of test types.

Excise Management-Excise module maintains each client`s Central Excise records efficiently and thoroughly. It also meets your documentation needs as laid down by the Central Excise Department, and does so very economically by saving the company`s labor and time costs. This software adapts itself to new excise notifications very quickly, thus keeping the user ready for Excise Audits at any given time.

Human Resource Management-Human Resource module in ERP streamlines the management of human resources and human capitals. It comprises of four broad sections, mainly Training, Recruitment, Payroll and Attendance.

Finance Resource Management-Finance Resource Management in ERP gathers financial data from various functional departments and generates valuable financial reports such as Balance Sheet, Trial balance, General Ledgers, Quarterly Financial Reports, Account Statements, Gross Profit Analysis, Cost Center wise Analysis, Branch wise Profit Analysis, profitability report, Asset and Depreciation Management, Tax Management, ABC Analysis and many more.

Some of the generic ERP benefits in the manufacturing sector:

* ERP can transform unstructured processes into routine transactions such as electronic approval of purchase orders based on predefined company policies. * ERP can replace or reduce the human labour involved in processes, like matching of supplier invoices based on accepted purchase receipts. * ERP can transfer information rapidly and with ease over large distances. It is now possible for various offices and factories of an organization to perform transactions and analysis on the same server, reducing geographical distances. * ERP can bring a vast amount of detailed information into the process. * ERP can enable changes in the sequence of task in the process, often allowing multiple tasks to be performed concurrently.* ERP allows the capture and dissemination of knowledge and expertise to improve the process. * ERP allows detailed tracking of task status, inputs and outputs.

To workout cost effective ERP solution for manufacturing unit the best way is to analyze the ERP solution and check out if it can work well for the enterprise at present. Also check whether it is scalable and adaptable for future requirements or not. Business and market will keep on changing, so will be expected from the solution that is integrating the enterprise, a scalable, adaptable and based on latest technology ERP solution will prove to be cost effective in longer run for users of manufacturing sector.

ERP Selection:In india Sage ACCPAC ERP is appropriate ERP solution for Manufacturing industry in India. You can visit http://www.sagesoftware.co.in to know more about ERP solutions

Source: http://www.crawley.biz/enterprise-resource-planning-in-manufacturing-industry-in-india

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