Difference Between ERP and MRP: Major Benefits

Overview- We don’t give a second thought about where our things come from. We usually buy and use them, rarely thinking about how & where they are made. We even don’t consider the fact that hours and hours of effort are put into making everything that we use. It’s a matter to think that when […]

Back to Basics: ERP Software for Production Planning & Management

Imagine this- you have received a big customer order, and you’ve started working on it to deliver the products on the set deadline. But, you somehow failed in delivering the order on committed date. Reason: Poor planning, that lead to insufficient raw materials, production halts and thus, delayed delivery. RESULT: Lost Sales | Unsatisfied Customers | […]

Back to Basics- ERP for Financial Management

Manufacturing is a capital-intensive sector. Being capital-intensive relates to the companies that are constantly facing huge capital expenditures. To give an example, an Food processing manufacturing company would require heavy equipment for continuously producing products. This makes such industries capital-intensive. A manufacturing company incurs a variety of expenses. Right from purchasing inventory, investing in expensive machinery, procuring […]

Back to Basics: ERP Software for Lot Control and Traceability

Overview In the times of global marketplaces and disruptions like COVID-19, quality & safety are the most important characteristics of a manufactured product. In highly-regulated process manufacturing industries like food & pharmaceuticals, any inconsistency in these virtues can potentially threaten the well-being & health of the consumer. To avoid any such mishaps, supply chain managers […]

Back to Basics- ERP for Compliance Management

Overview – To produce and market products, manufacturers need to comply with industry-specific technical, legal, and corporate regulations. Adhering to business-relevant laws proves to be the main key to a company’s success. But failing to achieve this results in hefty penalties that might ruin the corporate reputation and financial performance of the organization. A steady […]