If you are running your processes manually or through disconnected systems, you will struggle to track your inventory, which results in inventory losses, component shortages, or meeting customer expectations with delivery.
If you don’t have a manufacturing ERP system in place, you might struggle to maintain compliance standards such as ISO or industry-specific. You will also work in maintaining the quality standards required by your customers and regulatory bodies.
Without the devices installed on the shop floor, you will find it challenging to report labor hours accurately, manage schedules for your jobs, and gather accurate data to help with your planning.
If you don’t have a manufacturing ERP system in place, it’s hard to plan how much inventory you need to purchase to ensure production and how much stock you need to produce to avoid stock-outs.
The disconnected and on-prem systems are likely to have lagged in receiving critical business information in the form of reports, and you need the help of your IT to get essential data.
Without a manufacturing ERP system, you will find it challenging to get insight into accurate and detailed job costing, which leads to inaccurate pricing, lower profit margins, and incorrect tracking of costs.
Without a manufacturing ERP system, your warehouses are likely to be inefficient as it’s harder to implement efficient processes such as batch or ware picking. Without barcode readers, your manual methods will be highly slow and inefficient.
If your processes are currently manual or use siloed systems, you will be spending a significant amount of time resolving discrepancies. You will plan based on inaccurate data, and the information can’t be real-time.
Without a manufacturing ERP system, you will have challenges meeting schedules for your orders, estimating your production capacity, and optimizing production runs for optimum efficiency.
Without a global manufacturing ERP system that supports a multi-entity organization’s operations, your disconnected sites might prevent you from getting a centralized view of your customers, vendors, and inventory.
By connecting all your processes and streamlining them, you can predictably commit and deliver to your customers. Without manual intervention, your customers will receive consistent experience through automated processes.
A modern manufacturing ERP system will provide you the end-to-end traceability, whether you need a consolidated view of your sales or operations or debug a KPI through the process. You may need this traceability for your internal tracking or regulatory bodies.
By eliminating manual and inefficient processes, you can lower the costs to produce your products, which will help you with reduced product costs, higher profit margin, and increased sales.
Through a modern ERP system, you can plan your inventory and production better, which will help you plan your cash flow better. An ERP system will also ensure due notices to your customers for a timely collection of your revenues.
By eliminating manual and inefficient processes, you can lower the costs to produce your products, which will help you with reduced product costs, higher profit margins, and increased sales.
Enabling lean processes is nearly impossible unless you have a manufacturing ERP system that can support lean processes that you desire to reduce excessive stock levels and optimizing production runs..
You have unique challenges in forecasting your demand and scheduling your volume runs. You also have unique distribution model, such as collaboration with your resellers or integration with e-commerce that adds to unique operational challenges.
Suppose you are a project-based manufacturer such as trade show management companies or lighting project installers. In that case, your operations require a system that can handle project-based manufacturing needs, including integrated financial and purchasing within the project.
Your operational challenges are unique, as you might need to design your expensive parts, collaborate with your customers more often, and plan your orders so that you don’t miss your delivery deadlines. These operational challenges are unique for MTO manufacturers.
If you are a job-shop manufacturer, you will require an ERP system that is strong in job costing functionality and can help you plan and schedule your jobs. Your needs are going to be different than your other counterparts, such as volume or precision manufacturers.
Your business model and operational needs are unique as you need to spend a significant amount of time in engineering and collaborating with your customers. Additionally, your BOMs could be more complex and require a system that can handle such complexity.
If you are a process manufacturer, your processes are entirely different from discrete manufacturers. They require a system that can support a process manufacturer’s needs, such as recipe management, version management, and process production.
You have highly configurable products, which increases the complexity of your quoting processes. These configurations also require your system to be able to support such needs throughout the process, which increases operational complexity and product design assumptions.