Many retailers, who also manufacture their own products and sell them through multiple channels, face difficulties while managing both aspects of their business. They need to take the seasonal demands into account, besides worrying about a lot of things while manufacturing, such as R&D, BOM, planning, costing, etc. All this is virtually impossible without the help of an ERP. BatchMaster Retail Management Software takes care of all the aspects of manufacturing, and at the same time, provides the support retailers require while selling their products at multiple fronts – both online and offline. Take a look below at its different components:
In order to meet the demands of the fickle consumers, who want products customized to meet their needs, retail manufacturers strive to achieve the right physical, or specific characteristic, and specific packaging based on the nature of that particular product. BatchMaster Retail Management Software makes it possible through its dedicated R&D feature that offers a playground to perform what-if analysis to achieve the targeted properties and cost. Its comprehensive sample management module enables innovating, creating, costing and tracking samples based on customer specifications while also keeping a record of all the communications.
Each business needs an effective and accurate formula/recipe for their products and also the manufacturing Bill of Materials (BOM) in order to seamlessly carry its manufactured products through from concept to customer. It is the most important component of the manufacturing process which states what will be the final product. With an inaccurate formula and BOM, a business could be in for very costly delays, or even at the risk of bringing the entire manufacturing chain to a complete standstill. BatchMaster understands this, and hence its Retail Management System is equipped with a solid Formulation and BOM functionality, which helps manage hundreds, may be thousands of formulas/recipes, their versions, substitutes, approvals, multiple packaging and more with complete ease.
BatchMaster’s planning module helps retail manufacturers determine the least possible time to produce goods, purchase materials and add manufacturing value. It assists in the generation of an accurate, detailed plan for batch production orders down to the various process cells within the production lines. Planning and scheduling takes into account the demand and supply from various sources, rates and capacities of different process cells, QC lead time as well as equipment maintenance and changeovers. To ensure these batch jobs yield their expected results, demand planning also generates the required procurement plan to avoid shortages or rescheduling. These plans can be converted to the production/purchase order with a click.
BatchMaster Retail Management Software allows managing cost estimates of materials, WIP, labor, packaging and finished product right during product development of product formulas/recipes, including intermediate bases, and packaging BOMs. Intermediate costs are rolled up based upon last purchase price, standard costs, or projected costs and so are fixed, tiered and scalable labor costs. Actual costs, yields and other KPI's are captured during production, and can be compared against projections in a variety of analytic reports.
Retailers’ manufacturing needs differ based on their nature of business. BatchMaster, thus offers numerous production capabilities like SuperBatch (that allow producing a finished good and its intermediates in the same batch), Batch Runs, Batch Sizing, Actual Vs Expected Yield Analysis, EBT, Critical Material analysis and more to streamline and simplify their complex production process. Through a series of instructions, SOPs, in-process Inspection plus Quality Control, lot allocation, restricted lot movement, etc. help ensure that production is done as per good manufacturing practices.