ERP for Factory

ERP for Factory Management

Published on : 04 March , 2021

Publisher : Akshay L.

ERP software or Enterprise Resource Management software provides a backbone to the industries. Manufacturing industries has myriad of processes and operations that needs to be taken care of. ERP for factory management makes it possible to handle all the operations. ERP software gives complete control over these operations and processes. The software helps in monitoring all intricate operations, and smoothen the workflow. The software meticulously utilizes all the resources in the industry and ensures absolute solution for all the requirements.

ERP software for factory management can be implemented in steel industry, manufacturing industry, and plastic industry. These industries have plethora of operations, and a complete control is necessary to avoid losses. There are various departments in the industry, and ERP software connects all these departments through modules. ERP software relies heavily on its modules. These modules connect the divisions and departments in industry, forming a interconnected network for seamless communication. This gives easy access to information and data at any instance.

Why ERP for Factory Management?

Managing huge factories can be tedious. Proper flow and management is utmost necessary for managing operations in factory. ERP software makes this task simple. ERP software can completely transform how the industry functions.

The best ERP software can be a boon for the manufacturing industry. ERP software implementation can deliver outstanding results and contribute to profitability. A need for ERP software arises in industry when the operations are not controlled properly.

ERP software stores all the information and data on centrally located server. This makes access and fetching the information easy. The software communicates via modules, and sharing of information through modules help the industry to gain various insights. The information is analyzed and proper decisions can be taken based on the information and statistics. Business intelligence and data analytic makes the ERP software powerful. Automation is another feature of ERP software for factory management which is advantageous.

Modules in ERP for Factory Management

Finance & Accounts

Finance and accounts modules helps the ERP software to keep track of financial status of the industry. Maintaining finance and accounts can be tough, and properly keeping books balanced is also a tedious task. ERP for finance and accounts makes these operations simple. Accounts module manages accounts receivable and accounts payable.

Inventory Management

Inventory management is the modules that keeps the track of material and inventory. Procurement of raw material, production, and shipment of material or product handling is the responsibility of inventory management module. This module easily handles all the operations and tasks related to inventory.

Production Planning

Production planning module handles the scheduling of production. Production planning and scheduling module in factory management helps the industry in various stages of production. This module makes sure over or under production does not occur. Due to this, it is one of the crucial module in ERP software for factory management.

Sales and Dispatch

Sales and dispatch module helps the industry in managing sales related operations. Sales is an important function in every manufacturing industry, and can be sometimes tough to handle. With sales and dispatch module and automation, it becomes easy to tackle all the challenges occur during sales and dispatch process. This module also notifies the team of any error during sales and dispatch process.

Conclusion

All these features and advantages makes ERP software for manufacturing industry a perfect solution. ERP software helps the factories sustain for long, and drastically improves efficiency of the industries. Efficient workflow translate into profit. This is ERP for factory management is the best solution for all factories that are into manufacturing business. Lighthouse ERP is the best ERP software for manufacturing industries in India.


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ERP
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ERP Modules
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CRM
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Industry
Industry 4.0