Empowering decision-makers with ERP technology concepts
WE have, time and again emphasized the importance of having ERP system to run businesses in successful way in today's competitive economic market. As there are number of big and small vendors in the Indian ERP market, selection of a proper system that suits your business needs are very important. To place the matter straight forward, what the decision makers must understand is having an ERP system just can't help your business process. What is important is which system you have implemented.
A rightfully conducted ERP workshop could provide you the guidelines of what your requirements and expectations should be, including hands-on experience with the most successful ERP solutions available in India today.
ERP workshop can also empower CEOs, COOs, CFOs, accountants, controllers, business owners and key decision-makers with ERP technology concepts.
CRM or Customer Relationship Management, the backbone of any business has been integrated as an important module in the ERP system. Sales and marketing teams from companies can benefit from attending the workshop that will help them gain knowledge in marketing plans. The knowledge gained through from workshop can put into practice by the sales or marketing team with the approach to the customers that could help improve your revenue and market share growth and minimize expenses - all of which leads to higher profitability. The workshop will also debate on all areas of an ERP system, its advantages and disadvantages. When it comes to benefits of ERP there are many arenas which are unknown to many. ERP expects boundary-less flat organization structure where every employee is a decision maker and not a mere follower. Secondly, the decision-making must be scientific than based on 'gut feel'. Thirdly, ERP assumes that the user has an in-depth knowledge of the process he is associated with. He has to work in a team as a key resource element. The objective of the user is to pass maximum value to the customer than to create his own convenience. The user must be analytical in his thinking and be able to use information generated through data iterations for more effective and informed decisions.
ERP system will work successfully if the users are training to handle the system to the optimum usage. Proper training makes the users fully equipped with handling of the system independently and this will contribute the success of all the business operations.
The solution provider must pay attention while providing training to the user in the right manner. To become a good user, one has to get trained and trained well, and later self trained. But what is the disappointing factor is most of the ERP training in India is more of software training rather than going deeply into the functionality and technicality of the ERP system. Normally the user is shown various screens of the ERP system and taught how to enter what he was doing previously.
The trainer must explain to the user why he should enter there, what are the repercussions of his entries in other modules, how to use the best out of multiple settings, why a particular setting is made like that, etc. In fact, the reality that every entry is the financial entry and ultimately gets posted into General Ledger and posted in turn into Profit & Loss Account or Balance Sheet is never realized by the user during training or even after implementation. This feel of responsibility is extremely essential for the user to become a mature ERP user.
To enhance the interest of users Indian companies must make a point of user training, focusing on ERP functionalities and not merely on tools for ERP. Ideally, the training session should be designed to cater to individual needs and hence carefully planned. ERP workshop will have a separate session to discuss and elaborate the training method of ERP extensively.
Looking at the way it is getting organized, the workshop on ERP on July 31, 2011 at Wagle Estate in Thane, will be very informative and useful event for the people who are connected with IT world. We are also eagerly looking forward to that event.
For more information kindly visit: http://www.eresourceerp.com/Workshop-on-ERP-to-guide-how-to-run-successful-business.html
Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775/+91 22 65130234
Sunday, July 10, 2011
Monday, July 4, 2011
What are the main advantages of a web-based ERP solution
This is the one common question asked by companies when they plan to implement an ERP system and also want to choose the right one. Though there are many advantages of a web-based ERP solution, here are some of the important points.
A Web-based ERP solution ensures a lower outlay and predictive spread of cost over time. You will be able to make a substantial saving in cost and that money can be invested in your other business process.
A web-based system needs less time to implement and you do not need to upgrade your network for Windows/Exchange Server and SQL Server database. Security concerns about a web-based application that companies had in the past seem to have subsided as the technology has improved.
Web-based ERP system eliminates the worries about any technical problem as online help from the vendors will able to solve any such issues within a short period
Web-based ERP solution such as eresource makes the implementation process very easy and operational methods are also easy. Users can be easily trained and work can be commenced as soon as the system is ready after implementation is completed.
Web-based ERP system can be accessed from anywhere and at anytime from a simple browser. Remote users like executives and sales reps can access the company system with any browser.
For more information kindly visit: http://www.eresourceerp.com/advantages-of-a-web-based-ERP-solution.html
Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775/+91 22 65130234
A Web-based ERP solution ensures a lower outlay and predictive spread of cost over time. You will be able to make a substantial saving in cost and that money can be invested in your other business process.
A web-based system needs less time to implement and you do not need to upgrade your network for Windows/Exchange Server and SQL Server database. Security concerns about a web-based application that companies had in the past seem to have subsided as the technology has improved.
Web-based ERP system eliminates the worries about any technical problem as online help from the vendors will able to solve any such issues within a short period
Web-based ERP solution such as eresource makes the implementation process very easy and operational methods are also easy. Users can be easily trained and work can be commenced as soon as the system is ready after implementation is completed.
Web-based ERP system can be accessed from anywhere and at anytime from a simple browser. Remote users like executives and sales reps can access the company system with any browser.
For more information kindly visit: http://www.eresourceerp.com/advantages-of-a-web-based-ERP-solution.html
Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775/+91 22 65130234
Manufacturers can increase production cycles and reduce raw material
Automation of the system also has many other benefits
Manufacturing and distribution companies are mainly depending on ERP system to improve profitability and productivity. eresource ERP has many features that can help these companies reduce expenses and by that way they can get the potential ROI.
Inventory reduction is one of the main features that eresource ERP can provide to the companies. This helps the companies make the right assessment of purchasing. The companies need not stock the products before it is in use as excess stocks can increase wastage and the companies have to make an extra storage space and proper maintenance. eresource ERP system, when implemented, can decide where to store the inventory after completing the process of purchase as the latest data of every department is updated in the system.
Another feature is the easy to view workflow system. With this facility the complete analysis of data can be viewed through automated systems, which helps the management to continue work and to have better plant utilization. eresource ERP system increases production cycles and helps in reducing raw material. This way manufacturing units can schedule tasks easily and effectively. These features in eresource ERP help in reducing raw material inventory. This will also help the expenses on storage of finished goods is reduced.
Automation of the system also has many other benefits such as increased plant utilization, productivity and customer service, and these features in the eresource ERP helps organizations to get the required competitive edge over their competitors.
As everyone will agree that the customer service holds key to success of an organization. When the customer service is improved it helps the products to be delivered to the customers on time. Being a web-based ERP system eresource's real-time functional facilities help customers in a big way and it also enables the buyers to submit their complaints and problems directly to the manufacturer, if required.
Organizations must take effective and timely decisions to improve business. eresource ERP helps organizations to act in time to overcome any complex matter as everyone in the organization can be interlinked through its real-time online facilities and decision could be made without any delay. eresource ERP system can also define the accounting period in minutes and the management can take decisions based on information which can be fully trusted.
From the case studies we have from our clients, it has been proved beyond doubt that most of them have around twenty five to thirty per cent of reduction in inventory cost after implementation of eresoure ERP system and the cost on manufacturing has been reduced by twenty to twenty five percent.
For more information kindly visit: http://www.eresourceerp.com/Manufacturers-can-increase-production-cycles.html
Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775/+91 22 65130234
Manufacturing and distribution companies are mainly depending on ERP system to improve profitability and productivity. eresource ERP has many features that can help these companies reduce expenses and by that way they can get the potential ROI.
Inventory reduction is one of the main features that eresource ERP can provide to the companies. This helps the companies make the right assessment of purchasing. The companies need not stock the products before it is in use as excess stocks can increase wastage and the companies have to make an extra storage space and proper maintenance. eresource ERP system, when implemented, can decide where to store the inventory after completing the process of purchase as the latest data of every department is updated in the system.
Another feature is the easy to view workflow system. With this facility the complete analysis of data can be viewed through automated systems, which helps the management to continue work and to have better plant utilization. eresource ERP system increases production cycles and helps in reducing raw material. This way manufacturing units can schedule tasks easily and effectively. These features in eresource ERP help in reducing raw material inventory. This will also help the expenses on storage of finished goods is reduced.
Automation of the system also has many other benefits such as increased plant utilization, productivity and customer service, and these features in the eresource ERP helps organizations to get the required competitive edge over their competitors.
As everyone will agree that the customer service holds key to success of an organization. When the customer service is improved it helps the products to be delivered to the customers on time. Being a web-based ERP system eresource's real-time functional facilities help customers in a big way and it also enables the buyers to submit their complaints and problems directly to the manufacturer, if required.
Organizations must take effective and timely decisions to improve business. eresource ERP helps organizations to act in time to overcome any complex matter as everyone in the organization can be interlinked through its real-time online facilities and decision could be made without any delay. eresource ERP system can also define the accounting period in minutes and the management can take decisions based on information which can be fully trusted.
From the case studies we have from our clients, it has been proved beyond doubt that most of them have around twenty five to thirty per cent of reduction in inventory cost after implementation of eresoure ERP system and the cost on manufacturing has been reduced by twenty to twenty five percent.
For more information kindly visit: http://www.eresourceerp.com/Manufacturers-can-increase-production-cycles.html
Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775/+91 22 65130234
Monday, June 27, 2011
ERP implementation is a 'User Driven' project
ERP helps users to do their jobs better
Every organization has its own cultural or organizational structure. In this situation, it is natural for them to be sceptical about ERP, since it is felt that their businesses are unique, organizations varying and cultures different. However,
there is no need of such concern as an ERP package has been designed and is being continually upgraded to incorporate the best industry practices to suit most industry segments.
With thorough and dedicated BRP study and adapting those changes in the business process well before implementing the ERP shall help make things smoother. It is therefore recommended that this methodology is followed; otherwise there is chance that most of the time users are left frustrated. This leads to poor participation and costly delays.
It is important to understand that an ERP package not necessarily fit in completely with the existing business practices of most organizations and hence, the onus is on the users to appreciate this fact and to work with the implementation consultants in trying to adapt to the package. In doing so, they don't have to feel that they are compromising on their business effectiveness; rather, by accepting the package, they are adopting the best of breed business practices and ensuring the successful implementation of new system.
The other important factor is that the users do not expect a reduction in their workload immediately after the implementation of ERP and should not look for a miracle to happen. An ERP package is only an enabling tool and improves the flow of information and formalizes all the business processes and workflow that exists in an organization. It helps users to do their jobs better, which may call for additional efforts.
If one has to have more information in a system, it entails more work for more users, but the benefit is that this information is properly stored and can be fruitfully uses by other users in making better decisions. As the flow of information throughout the organization improves, the company starts performing better and this in turn benefits the users who have collectively improved their way of working. The package design and the architecture facilitate the availability of information to all authorized users in a useful way.
Another important factor is the role of the consultant. The consultants by virtue of their industry experience and package expertise can help set the expectations of users at various levels keeping in mind the overall business objectives of the client. But it is also important to remember that a consultant is an external agent and all the business process of the organization is more akin to the management team and the users than the consultant. The consultant however, can work closely with key users, understanding their needs, analyzing the business realities and designing solutions that meet the basic objectives of the company.
They, then, have to impress upon the users that individual needs can be met by keeping the organization's needs in mind. It is the responsibility of the consultants and management team from the organization to guide them in this task and facilitate the overall implementation process. In essence, ERP implementation is predominantly a 'User Driven' project.
For more information kindly visit: http://www.eresourceerp.com/ERP-implementation-is-a-User-Driven-project.html
OR Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775, e-mail (Sales): sales@eresourceerp.com, e-mail (Help Desk): helpdesk@eresourceerp.com
Web site: www.eresourceerp.com.
Every organization has its own cultural or organizational structure. In this situation, it is natural for them to be sceptical about ERP, since it is felt that their businesses are unique, organizations varying and cultures different. However,
there is no need of such concern as an ERP package has been designed and is being continually upgraded to incorporate the best industry practices to suit most industry segments.
With thorough and dedicated BRP study and adapting those changes in the business process well before implementing the ERP shall help make things smoother. It is therefore recommended that this methodology is followed; otherwise there is chance that most of the time users are left frustrated. This leads to poor participation and costly delays.
It is important to understand that an ERP package not necessarily fit in completely with the existing business practices of most organizations and hence, the onus is on the users to appreciate this fact and to work with the implementation consultants in trying to adapt to the package. In doing so, they don't have to feel that they are compromising on their business effectiveness; rather, by accepting the package, they are adopting the best of breed business practices and ensuring the successful implementation of new system.
The other important factor is that the users do not expect a reduction in their workload immediately after the implementation of ERP and should not look for a miracle to happen. An ERP package is only an enabling tool and improves the flow of information and formalizes all the business processes and workflow that exists in an organization. It helps users to do their jobs better, which may call for additional efforts.
If one has to have more information in a system, it entails more work for more users, but the benefit is that this information is properly stored and can be fruitfully uses by other users in making better decisions. As the flow of information throughout the organization improves, the company starts performing better and this in turn benefits the users who have collectively improved their way of working. The package design and the architecture facilitate the availability of information to all authorized users in a useful way.
Another important factor is the role of the consultant. The consultants by virtue of their industry experience and package expertise can help set the expectations of users at various levels keeping in mind the overall business objectives of the client. But it is also important to remember that a consultant is an external agent and all the business process of the organization is more akin to the management team and the users than the consultant. The consultant however, can work closely with key users, understanding their needs, analyzing the business realities and designing solutions that meet the basic objectives of the company.
They, then, have to impress upon the users that individual needs can be met by keeping the organization's needs in mind. It is the responsibility of the consultants and management team from the organization to guide them in this task and facilitate the overall implementation process. In essence, ERP implementation is predominantly a 'User Driven' project.
For more information kindly visit: http://www.eresourceerp.com/ERP-implementation-is-a-User-Driven-project.html
OR Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775, e-mail (Sales): sales@eresourceerp.com, e-mail (Help Desk): helpdesk@eresourceerp.com
Web site: www.eresourceerp.com.
ERP to meet the need of customers across diverse industries
WHILE choosing Enterprise Resource Planning solutions, mid-sized enterprises must balance their long-term needs for innovative solutions to drive the next level of growth with their existing resources and short-term trends for quick return on investment, low-cost of ownership and minimum disruption to current operations.
SEMs must also ensure integration into their corporate and partner/supplier ecosystems, often requiring the complete replacement of legacy systems.
With the complexity and global reach of today's business environment, SMEs are also under increased pressure to monitor business processes and financial operations more closely. Stricter accounting and corporate governance requirements intensify this challenge thus, placing growing pressure on businesses of all sizes for greater transparency, timeliness and accuracy in reporting and managerial control.
eresource ERP with its expertise in providing vertical and micro-vertical solutions has nearly half of its software implemented in the SME sector. Monitored through a highly qualified implementation team, eresource ERP solution is affordable, easy-to-deploy and proven business solutions to better meet the needs of customers across diverse industries.
Access your business-Anytime-Anywhere Web-based eresource ERP simplifies back-office process automation for mid-sized and growing business. It provides real-time information about finance, order management, purchase, inventory, employee management, e-commerce and much more. With web- based eresource ERP solution, you can accelerate business cycles, improve productivity and reliability, and provide higher levels of service to customers, suppliers and partners.
Our Enterprise solutions include inventory control, warehouse management system, manufacturing software, invoice tracking, software sales module, production planning, logistics software, HR, purchase management, accounting module etc.
The integrated and cost-effective eresource ERP solution allows small and mid-size companies to maintain, a low total cost of ownership and the scalability and the flexibility to support current and future business needs.
With eresource ERP system in place organizations can have the following advantages:
Staff will be able to interact with other staff and keep record of their work sharing and reporting - to speed up jobs.
Give regular instructions to staff from any part of the world
Get reports from them from any part of the world
Customers will be able to login and know the status of their job and they will be able to send specific communications about specific orders without any delay.
For more information kindly visit: http://www.eresourceerp.com/ERP-to-meet-the-need-of-customers-across-diverse-industries.html
OR Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775,Web site: www.eresourceerp.com
SEMs must also ensure integration into their corporate and partner/supplier ecosystems, often requiring the complete replacement of legacy systems.
With the complexity and global reach of today's business environment, SMEs are also under increased pressure to monitor business processes and financial operations more closely. Stricter accounting and corporate governance requirements intensify this challenge thus, placing growing pressure on businesses of all sizes for greater transparency, timeliness and accuracy in reporting and managerial control.
eresource ERP with its expertise in providing vertical and micro-vertical solutions has nearly half of its software implemented in the SME sector. Monitored through a highly qualified implementation team, eresource ERP solution is affordable, easy-to-deploy and proven business solutions to better meet the needs of customers across diverse industries.
Access your business-Anytime-Anywhere Web-based eresource ERP simplifies back-office process automation for mid-sized and growing business. It provides real-time information about finance, order management, purchase, inventory, employee management, e-commerce and much more. With web- based eresource ERP solution, you can accelerate business cycles, improve productivity and reliability, and provide higher levels of service to customers, suppliers and partners.
Our Enterprise solutions include inventory control, warehouse management system, manufacturing software, invoice tracking, software sales module, production planning, logistics software, HR, purchase management, accounting module etc.
The integrated and cost-effective eresource ERP solution allows small and mid-size companies to maintain, a low total cost of ownership and the scalability and the flexibility to support current and future business needs.
With eresource ERP system in place organizations can have the following advantages:
Staff will be able to interact with other staff and keep record of their work sharing and reporting - to speed up jobs.
Give regular instructions to staff from any part of the world
Get reports from them from any part of the world
Customers will be able to login and know the status of their job and they will be able to send specific communications about specific orders without any delay.
For more information kindly visit: http://www.eresourceerp.com/ERP-to-meet-the-need-of-customers-across-diverse-industries.html
OR Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775,Web site: www.eresourceerp.com
eresource: A scalable, flexible and affordable ERP solution for SMEs
Quick return on investment and low-cost of ownership
FOR any organization, success depends on having the ability to keep pace with rapidly changing customer and industry demands and execute in a short amount of time, the ability to quickly seize new opportunities and the flexibility to achieve sustainable business growth.
Today small and mid-size enterprises (SMEs) are facing greater competition than ever across diverse industries. With the increasing power of large rivals in some segments and the pricing pressure and they have a critical need to optimize business processes, cut operational costs and improve customer acquisition and retention rates.
With the complexity and global reach of today's business environment, SMEs are also under increased pressure to monitor business processes and financial operations more closely. Stricter accounting and corporate governance requirements intensify this challenge thus, placing growing pressure on businesses of all sizes for greater transparency, timeliness and accuracy in reporting and managerial control.
Small and mid-size enterprises are recognizing integrated business management solutions as essential for growth, scalability and keeping up with competitors as the solutions become more affordable, easy-to-implement and adept at addressing industry-specific business processes.
While choosing their software solutions, SMEs must balance their long-term needs for innovative solutions to drive the next level of growth with their existing resources and short-term trends for quick return on investment, low-cost of ownership and minimum disruption to current operations. Many SEMs must also ensure integration into their corporate and partner/supplier ecosystems, often requiring the complete replacement of legacy systems.
eresource ERP with its expertise in providing vertical and micro-vertical solutions has nearly half of its software implemented in the SME sector. Monitored through a highly qualified implementation team, eresource ERP solution is affordable, easy-to-deploy and proven business solutions to better meet the needs of customers across diverse industries.
The integrated and cost-effective eresource ERP solution allows small and mid-size companies to maintain, a low total cost of ownership and the scalability and the flexibility to support current and future business needs.
For more information kindly visit: http://www.eresourceerp.com/scalable-flexible-ERP-solution.html
OR Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775, Web site: www.eresourceerp.com
FOR any organization, success depends on having the ability to keep pace with rapidly changing customer and industry demands and execute in a short amount of time, the ability to quickly seize new opportunities and the flexibility to achieve sustainable business growth.
Today small and mid-size enterprises (SMEs) are facing greater competition than ever across diverse industries. With the increasing power of large rivals in some segments and the pricing pressure and they have a critical need to optimize business processes, cut operational costs and improve customer acquisition and retention rates.
With the complexity and global reach of today's business environment, SMEs are also under increased pressure to monitor business processes and financial operations more closely. Stricter accounting and corporate governance requirements intensify this challenge thus, placing growing pressure on businesses of all sizes for greater transparency, timeliness and accuracy in reporting and managerial control.
Small and mid-size enterprises are recognizing integrated business management solutions as essential for growth, scalability and keeping up with competitors as the solutions become more affordable, easy-to-implement and adept at addressing industry-specific business processes.
While choosing their software solutions, SMEs must balance their long-term needs for innovative solutions to drive the next level of growth with their existing resources and short-term trends for quick return on investment, low-cost of ownership and minimum disruption to current operations. Many SEMs must also ensure integration into their corporate and partner/supplier ecosystems, often requiring the complete replacement of legacy systems.
eresource ERP with its expertise in providing vertical and micro-vertical solutions has nearly half of its software implemented in the SME sector. Monitored through a highly qualified implementation team, eresource ERP solution is affordable, easy-to-deploy and proven business solutions to better meet the needs of customers across diverse industries.
The integrated and cost-effective eresource ERP solution allows small and mid-size companies to maintain, a low total cost of ownership and the scalability and the flexibility to support current and future business needs.
For more information kindly visit: http://www.eresourceerp.com/scalable-flexible-ERP-solution.html
OR Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775, Web site: www.eresourceerp.com
ERP system and reduction of lead time
eresource ERP system helps reduction of lead-time
Plays a significant role in purchasing and inventory control
THE non-availability of an item that is required for production can result in several problems like missing delivery schedule,losing customer goodwill due to the delayed delivery or even losing the customer to competition. One can avoid the situation by requesting for the materials well in advance of when they are actually needed or by keeping a large buffer stock or maintaining a very high re-order level.
But all this means that large inventories must be kept, which is money blocked. Also the practical consequences of allowing longer times for delivery seems to be that the present lead-times just grow to take up whatever slack is allowed. So, the company should find out the minimum lead-time and should attempt to context supplier's delivery delays instead of automatically increasing allowed lead-time.
The elapsed time between placing an order and receiving it is known as the lead-time. It plays a significant role in purchasing and inventory control.
So, in order to reduce the lead-timers the organization should have an efficient inventory management system, which is integrated with the purchasing production planning and production departments. In this era of just-in-time manufacturing the knowledge of the exact lead-timers for each and every item is of paramount important for uninterrupted production. For a company dealing with hundreds and thousands of raw materials and components, keeping track of the lead-times for each and every individual item manually is a practically impossible task.
eresource ERP system helps in automating this task and thus makes inventory management more efficient and effective. Since eresource ERP system is integrated and the materials management module is integrated with other modules like sales, marketing, purchasing, manufacturing and production planning, the demand for a particular item can be known as early as an order is received. Since all the records are kept in the system's database and since everything is up-to-date, finding out the items that are to be ordered takes no time.
So once the items that are to be manufactured are identified and once the production planning system prepares a production plan, the materials management module will prepare purchase orders for each and every item making into account the led-timers and when the items are required for production. If the purchasing process has to go through the invitation of quotations, vendor selection etc. the system does that also.
Since most suppliers are also connected to the organization's system, as soon as a purchase order or requisition is issued, the supplier's system is updated with that information. Thus, the supplier knows what items are to be supplied, and when. Since activities like preparation of contracts, issuing of purchasing orders and payments, etc. happen through the system electronically, the savings in time are phenomenal.
So eresource ERP system by virtue of their integrated nature and use of latest technologies reduce the lead times and make it possible for companies to have the items at the time they are needed.
For more information kindly visit: http://www.eresourceerp.com/erp-and-reduction-of-lead-time.html
OR Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775,Web site: www.eresourceerp.com
Plays a significant role in purchasing and inventory control
THE non-availability of an item that is required for production can result in several problems like missing delivery schedule,losing customer goodwill due to the delayed delivery or even losing the customer to competition. One can avoid the situation by requesting for the materials well in advance of when they are actually needed or by keeping a large buffer stock or maintaining a very high re-order level.
But all this means that large inventories must be kept, which is money blocked. Also the practical consequences of allowing longer times for delivery seems to be that the present lead-times just grow to take up whatever slack is allowed. So, the company should find out the minimum lead-time and should attempt to context supplier's delivery delays instead of automatically increasing allowed lead-time.
The elapsed time between placing an order and receiving it is known as the lead-time. It plays a significant role in purchasing and inventory control.
So, in order to reduce the lead-timers the organization should have an efficient inventory management system, which is integrated with the purchasing production planning and production departments. In this era of just-in-time manufacturing the knowledge of the exact lead-timers for each and every item is of paramount important for uninterrupted production. For a company dealing with hundreds and thousands of raw materials and components, keeping track of the lead-times for each and every individual item manually is a practically impossible task.
eresource ERP system helps in automating this task and thus makes inventory management more efficient and effective. Since eresource ERP system is integrated and the materials management module is integrated with other modules like sales, marketing, purchasing, manufacturing and production planning, the demand for a particular item can be known as early as an order is received. Since all the records are kept in the system's database and since everything is up-to-date, finding out the items that are to be ordered takes no time.
So once the items that are to be manufactured are identified and once the production planning system prepares a production plan, the materials management module will prepare purchase orders for each and every item making into account the led-timers and when the items are required for production. If the purchasing process has to go through the invitation of quotations, vendor selection etc. the system does that also.
Since most suppliers are also connected to the organization's system, as soon as a purchase order or requisition is issued, the supplier's system is updated with that information. Thus, the supplier knows what items are to be supplied, and when. Since activities like preparation of contracts, issuing of purchasing orders and payments, etc. happen through the system electronically, the savings in time are phenomenal.
So eresource ERP system by virtue of their integrated nature and use of latest technologies reduce the lead times and make it possible for companies to have the items at the time they are needed.
For more information kindly visit: http://www.eresourceerp.com/erp-and-reduction-of-lead-time.html
OR Please Contact us at:
TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775,Web site: www.eresourceerp.com
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