Posted on 5th Jun 2023
Collaboration is nothing new in the manufacturing industry; it has always been the standard. Top manufacturers' most successful sources for producing new possibilities include group problem-solving, troubleshooting, and idea development. Today, as manufacturers need more highly trained workers while still seeking to develop without increasing headcount, open discussion and successful collaboration are more important than ever.
Employees may be required to split responsibilities, coach new hires, or take on new jobs. Communication among the workforce becomes even more critical in these situations. We've often emphasized adhering to software best practices when beginning an Enterprise resource planning (ERP) project. Entering into implementation without following established procedures will result in a solution that does not achieve the anticipated ROI and benefits.
Software success depends not just on ERP best practices but also business best practices. Manufacturers who choose a platform that doesn't align with their goals, procedures, and industry standards will realize that they've wasted their money on a system that has yet to be used.
Globe3 ERP is a system developed to assist manufacturers in implementing and maintaining best practices to achieve corporate success. Continue reading to see how ERP may help establish manufacturing tactics.
How Can ERP Improve Your Organization's Interconnectivity?
ERP systems use Application Program Interfaces (APIs) to combine several software systems into one extensive system. It enables users to employ microservices to create custom-built apps that simplify every company function. This provides the user with several features for connecting multiple data sources to expose hidden data patterns and trends that will assist data analysts in addressing what the company lacks and how to achieve what the business requires.
The ERP's synchronization capabilities are excellent. It linked diverse data sources, such as databases, mainframes, apps, websites, Relational Database Management Systems (RDMS), data lakes, cloud-based solutions, data warehouses, and numerous other components of any IT system. This interconnection results in a single perspective that allows for insights based on historical and real-time data.
Why is better coordination via ERP so necessary?
ERP software's integrative capabilities are unparalleled, but why is this so important? For example, a sales representative from your organization has to call the marketing manager immediately to create a brochure for a product.
Rather than meeting with the manager in person or contacting and stressing him out, the ERP allows the sales representative to observe the marketing department's tasks. He can communicate with an agent via the communication site and submit a comprehensive request to the marketing team. With traditional corporate procedures, this process would have taken a few days, if not a week.
You may save much money by automating communication inside your company.
✔ Decrease paper use, storage, mailing, archive retrieval, procurement, etc.
✔ Increase the speed with which your customers and partners receive information.
✔ Increase data quality by eliminating data input mistakes, document loss, etc.
✔ Decrease wait times and order-to-cash timelines with real-time data visibility across the supplier chain.
Automating Sale, Purchase, and Inventory Management
Manufacturers manually maintain track of inventory and update it regularly in a typical setup. When a sales order arrives, they check for a good list and decide whether to place a buy order for new stock or a work order. Due to physical inventory inspections and extensive paperwork, this takes a significant amount of time.
An ERP examines prior sales trends, current sales orders, inventory levels, and the stock needed for future orders. It initiates raw material re-ordering based on the analysis and demand forecast by issuing a Purchase Order (PO) or Request for Quotation (RFQ) to designated suppliers.
Its automated procedure guarantees optimal inventory levels are maintained at all times, decreasing the need to overstock and avoiding related storage and maintenance expenses. Furthermore, Material requirement planning (MRP) integrates data from production schedules, inventory, and the bill of materials (BOM) to calculate purchasing and shipping schedules for the parts or components required to build a product. Thanks to MRP innovation, you can now take full advantage of all resources, enhance productivity and reduce costs.
Automating Supply Chain Management
Keeping track of items, packages, shipments, and delivery is one of the most challenging issues in supply chain management. You may significantly improve supply chain visibility by integrating an ERP with tracking technologies.
Using Barcode and Labeling technologies, you may digitize your physical assets such as raw materials, semi-finished and finished goods. Integrating them with ERP allows you to trace their movement at all times, focus on a specific part/product/sub-product it will go into, and identify the client to whom it will be supplied. Heat numbers, material composition data, and mill certifications may also be tracked and attached to lot numbers. You may anticipate the delivery of materials/goods from your suppliers by following them online and planning production appropriately.
A few workflow automation activities may be automated using an ERP and other associated apps. The manufacturing software in an ERP are tightly integrated and gives a real-time picture of production progress, material movement, resource availability, and financial health at all times.
How Globe3 Manufacturing ERP Software Solutions help?
Globe3 ERP is the best ERP software solutions in Singapore for ensuring complete control over your organization's operations. Its multi-modular system supports 100+ microservices to handle your specific operational needs spectacularly. This solution will optimize three significant areas of your business: management, processes, and administration.
With Globe3 ERP, you can instill excellence from the executive office, factory, or warehouse to your shop floor. It may be accessible online, offline, or through the cloud. Connect with Globe3 ERP to discover how this ERP system may improve your organization's cooperation and interconnection.