ERP for Process Manufacturing:Benefits and Barriers
If your manufacturing company is interested in enterprise resource planning (ERP) software, you’ve come to the right place.We’ve compiled a list of benefits to consider, as well as some common challenges, so you can decide whether now is the time to invest and make the buying process easier.
With this information at your disposal, you’ll be able to find the best-fit process manufacturing ERP software solution by better understanding your company’s requirements.
As process manufacturing ERP specialists, PMTRACK understands first-hand the added value that industry-specific technology provides. Do you want to learn more?
Here are the Top Five Advantages of Using an ERP for Process Manufacturing.
1.Consistent Batch Quality
The availability of a process or formula management feature makes process manufacturing ERPs preferable to generic software. This makes it possible for your company to determine the precise amounts of ingredients required for reliable batch manufacturing, regardless of the measurement systems or order sizes.
Unlike manual method calculations, ERP technology allows you to automatically adjust the volumes and quantities needed, eliminating the risk of human error. This makes it easier to consistently produce and scale batches to the same high standard, reinforcing your reputation as a dependable process manufacturer.
Process manufacturing ERP also allows you to track recipe and formula revisions, ensuring that changes to customer orders are reflected in your manufacturing processes and stored in a central, secure location.
2.Complete Data Visibility
Data is the foundation of strong business performance, as we discussed in our recent whitepaper on the four pillars of future-ready manufacturing. You cannot make coordinated decisions if you lack organizational-wide insights.
Manufacturing in batches ERP software is essential for providing your company with 360-degree visibility. It consolidates data streams into a single reporting system, improving the accuracy of information provided to your workforce and securely delivering it in real-time.
3.Faster Production
Data insight and automation benefit more than just employees; they are critical to improving batch process manufacturing operations.
Investing in a process manufacturing ERP allows you to eliminate time-consuming procedures, redundant processes, and manual methods, all of which increase your production rate.
ERP also enables integration between previously siloed parts of your business, improving manufacturing workflow.
4.Closer Inventory Control
It is not enough to order some components and then reorder them when stocks run low in the process manufacturing sector. The raw materials you’re working with are frequently perishable, which means they must be stored properly and may have a limited shelf life.
With a process manufacturing ERP, you can incorporate these details into how you source, manage, and use ingredients for better inventory control. In the chemical industry, for example, hazardous substances will require specific handling procedures, which will be outlined in a Safety Data Sheet (SDS).
The right process manufacturing ERP software can ensure that your Safety Data Sheets are available online to all members of staff, ensuring that they are handling and storing them correctly. And, for a fully integrated approach to process manufacturing, safety information is available alongside all of your other operational data and processes.
5.Easier Industry Compliance
Safety Data Sheets are one example of the stringent regulations that process manufacturers must adhere to. Whether you work in automotive, chemicals, cosmetics, or food and beverage manufacturing, the ingredients you use will be subject to strict regulations to ensure that your products are safe to use or consume.
ERP for process manufacturing incorporates compliance requirements into production workflows to ensure that every product that leaves your factory meets industry standards. And, if sector regulations change (which they frequently do), you can centrally update data sheets and quality checks to ensure that every team member is working from the most recent legislation.
Here are a Few of the Most Common Challenges and Barriers when Considering an ERP for Process Manufacturing.
ERP Software Has a High Initial Investment:
There’s no getting around the fact that new technology necessitates capital outlay, which will have an impact on your company’s cash flow. While ERP does come at a cost, the resource savings and production improvements you’ll realise result in a significant ROI within the first six months of going live.
It’s also worth noting that manufacturing ERP solutions come in a variety of price points. However, keep in mind that the cheapest option may not always meet your needs and may necessitate additional customizations, incurring additional costs down the road. If you’re looking to save money, consider a cloud-based ERP solution that allows for remote deployment and maintenance, lowering your service costs.
Employees Need to Buy-in and Skill-up:
In a busy process manufacturing environment, pulling staff members away from their regular duties to train them on your new ERP software can be inconvenient. The skills they are learning as a result of technology enablement will ultimately increase their motivation and productivity, it is important to keep in mind. This is especially true if your technology provider guides you through the implementation and training process while imparting suggestions for using their ERP software that are recommended by the industry.
Your Software Could Require Customization
While it may seem like the safest bet and will undoubtedly deliver new capabilities that add business value, the scope of an off-the-shelf, all-purpose ERP solution may be constrained. It’s possible that you’ll need to modify your technology to meet the demands of your industry in order to digitally transform your process manufacturing operation.
As opposed to a generic manufacturing ERP system, a specialised process manufacturing ERP is more affordable because it has already been customised to meet your unique requirements. With a generalist platform, you won’t have access to industry-specific features that would otherwise require custom development.
The best fit for your process manufacturing ERP technology may still require some adjustments, but doing so will be quicker and less expensive than customising broad-based software. Additionally, by deciding on industry-specific technology, you will be working with a provider who is well-versed in your market and capable of making any customization from a position of strong industry knowledge.
Choose PMTRACK ERP for Process Manufacturers
As process manufacturing technology specialists, PMTRACK ERP recognises that many aspects of batch production are unique to your industry and that general ERP software cannot address all of your daily challenges. Which is why we created a process-specific solution for your top priorities?
The PMTRACK ERP for Process Manufacturers is designed to assist you in making data-driven decisions. From increasing accuracy with real-time inventory to ensuring regulatory compliance, we’ve got you covered. As a result, you can use our cloud-ready platform to boost production, increase profit, and reduce your environmental footprint.
PMTRACK ERP provides the Best ERP solution for the manufacturing industry to schedule a free demo, get in touch with our team at info@pmtrackerp.in
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