Do you know about the advanced features offered by ERP production modules? To stand out from competitors, businesses need to integrate systems that can improve their efficiency, and productivity while reducing costs. The top ERP software in Kolkata has the exact features that will help streamline your business and unlock the best potential of operational outputs. Read more on this blog to find out how:
What Is Enterprise Resource Planning (ERP)?
Enterprise Resource Planning (ERP) software integrates different business processes within a single system. This includes processes like inventory control, account reconciliation, and supply chain management. ERP for production helps you to centralise data and enhance collaboration within manufacturing processes.
What are ERP Production Planning Modules?
Production planning modules in an ERP system allow manufacturers to plan, manage, and control the manufacturing process. According to a survey in 2023, manufacturers, retailers, and distributors have reported that implementing a new ERP or business system helped them achieve a success rate of 85%.
Manufacturers require an advanced system to streamline production processes. Starting from material requirement planning (MRP) to the final delivery of finished goods, having increased visibility of every process allows manufacturers to reach their business goals without any hurdles.
What are ERP Production Planning Modules?
Recommended: How Does ERP Help in Inventory Management? Guide To ERP Inventory Management
Features of the Production Modules in ERP System
The production modules in an ERP system equip manufacturers with advanced features that help streamline the operations of the production process. The modules of ERP for manufacturing industry are:
1. Procurement Module
The procurement module or the purchasing module is used by organisations to acquire essential raw materials, goods, and products required for manufacturing processes.
2. Inventory Management Module
The inventory management module provides manufacturers with advanced features to track inventory levels. This includes demand forecasting and tracking present quantities of items in real time.
3. Warehouse Management Module
ERP modules allow manufacturers to manage warehouse processes with ease. This includes processes such as picking up finished goods and delivering the finished products to customers. Overall, this helps to improve customer satisfaction.
4. Supply Chain Management Module
Manufacturing businesses often struggle to keep track of production processes in every stage. The supply chain management module helps you to gain visibility over the movements of goods and supplies in the supply chain.
5. Sales Order Management Module
After customers place orders, these orders become sales orders to manufacturers. A sales order management module tracks such orders starting from the receipt till the product is delivered. These modules prevent manufacturers from losing the order and help them keep track of the process.
6. Customer Relationship Management Module
The customer relationship management (CRM) module stores all important information of customers. This includes the purchase history, date and time of calls or messages, and other forms of communication. For example, if your company sends newsletters to customers, then the date and time of the email and the names of the recipients will be stored within the CRM module.
7. Human Resources Module
The Human Resources management module is designed to help manufacturers manage their workforce. It records the details of all employees, such as offer letters and performance reviews.
8. Finance Module
The finance module of ERP allows you to plan, execute, and analyse various integral parts of your finances. The features of this module include automation of tasks related to cash management, billing, vendor management, and account reconciliation.
9. Business Intelligence Module
The Business Intelligence (BI) module of the ERP system helps to track every transaction in all modules. This module also helps manufacturers assess data to make smarter and better decisions through its advanced analysis and presentation.
10. E-commerce Module
The ERP e-commerce module helps manufacturers sell online with more ease. Every management tool for processes in an e-commerce business is available, such as inventory, payment, and order information.
Features of the Production Modules in ERP System
Read Also: Understanding Customisation in ERP: Needs, Benefits & Importance Explained
Benefits of Production Planning Module in ERP Software
The ERP Production Planning Module helps manufacturers of every industry with a wide range of benefits, such as:
Improved Efficiency
Manufacturing companies often struggle to find a system that offers them customisation features to adapt to their workflow. ERP production modules not only help you with production management but also completely adapt to the workflow of your business. Moreover, features such as automation allow you to enhance your overall productivity.
Cost Reduction
Identifying areas for cost reduction can prove to be quite difficult when the data of all business operations are not centralised within a single platform. Production planning in ERP modules eliminates such hurdles and allows your business to find crucial areas to optimise the financial management of your business.
Better Decision-Making
Having an overview of all business operations in real time is vital for decision-making. Quick and timely decision-making can only happen when you have advanced reporting tools at your disposal. ERP software for production planning helps you to gain actionable insights into key performance indicators (KPIs), allowing you to make the right and informed decisions for production schedules.
Enhanced Collaboration
ERP software solutions enhance collaboration between departments such as HR, finance, and sales. By having a centralised database, employees can access important information from other departments immediately. This also helps to improve communication, reduce potential errors, and help everyone stay aligned with the production schedule.
Increased Customer Satisfaction
With improvements in production planning and control, you can ensure that the demands of your customers are duly met without any delays. This allows your business to deliver quality products faster, and build a strong brand reputation and strong customer relationships.
Conclusion
Implementing ERP production modules in your business helps you to streamline production processes. Its advanced features help manufacturers improve profitability, reduce errors, and deliver timely results.
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ExpandERP Team