Gone those days when India was considered as a country of cheap labors. The new India believes in upgrading the operations and processes with technology and automation. India is a booming IT hub of the world and the epicenter of revolutionary technology. We, at Vritti Solutions, are innovating technologies to drive operations in a hassle-free way at the manufacturing units. In simple words, we are developing solutions that ease out complicated or long winding processes. We call that product as ‘Ekatm ERP’. ERP Solution Providers in India should focus on smoothening the operations and get a clear picture of your set goals and achieved goals. So, the question is how an ideal ERP solution is connected to delivering ROI? We’ve listed a few pointers that an ideal ERP software in India should perform in order to achieve the maximum Returns on Investment- Visibility of Inventory- Inventory is the biggest asset of a manufacturing company and therefore, its visibility at every level is crucial. From vendor to customer warehouse, the inventory should be tracked on fingertips. Even location-wise inventory should be identified and to go beyond this, inventory at the shelves of the warehouse should also be identified for easy access and application of FIFO/LIFO process. Do you think, this is possible manually? Manual tracking of inventory is a challenge in the manufacturing industry. It takes a lot of efforts, time and manpower. Also, manual recording or tracking of inventory can lead to errors. A little here and there with the numbers in the inventory, your whole business revenues goes for a toss. To avoid such a dreadful situation, a manufacturing unit should hire an ideal ERP system in India, which is capable of recording the incoming and outgoing of inventory by using advanced technologies like barcode scanning etc. Agile Material Planning- Material Planning is an important aspect of the manufacturing business. Usable material, non-usable material and quarantine material needs to be segregated. Any change in the demand, customer needs and supply, availability of materials and delays should be quickly identified and the corrective measure should be suggested by a smart ERP system in India. Moreover, right dates, quantity, right order quantity should be adjusted to the market norms to enable agile material planning. Enhanced Communication with Vendors, Internal Team and Customers- Communication is the fuel to keep each and every process in a manufacturing unit streamlined. This does not mean taking meetings every day, making hundreds of phone calls or writing emails for everything. It involves communication of ‘change’ with the help of technology. Changes in processes need to be notified via emails or SMS to the internal team. An ideal ERP software should equip a manufacturing unit with a better understanding of vendor requirements and maintain long-lasting relationship with them. Even the vendors should communicate with the manufacturing unit via a vendor portal or vendor app. Moreover, communication keeps the hierarchy updated and promotes transparency in the team. A user-friendly ERP solution will speak to the user by enabling visible records and assignments of tasks across operations, which will not only maintain a workflow, but also ensures working in cohesion. With the help of Ekatm ERP, you can avoid manual intervention; thus reducing errors and duplication of work. After all, a better collaborated and transparent workforce delivers greater output. Calculate the Cost of Operations and Variances: An ideal ERP system in India should be capable of calculating the operating expenses- utility, inventory, machinery and resources and creating a variance report. A variance report is important to compare planned financial outcome with actual financial outcome. This will give you a detailed picture of what your cost of operations is, and where and how you can cut it down to run a cost-effective manufacturing business. Intuitive Dashboard- ERP system in India lets you integrate your core business data into a one, enterprise-wide solution. Your software should go beyond keeping records or data entry for which an intuitive dashboard is required. This not only helps in streamlining all the processes and averting disorganization in operations, but also aids the decision making process; thus saving a lot of time associated with coordinating information from different systems, dealing with data redundancy and straining additional resources in the process. System that Speaks– Advanced ERP solutions in India allows you to build a customized intuitive/ intelligent dashboard as per your role in the company that helps you to tell you what your next action is/should be. Users love the experience of a proactive dashboard that triggers communication and decisions. For instance, your machinery is down for 2 hours. So, the Maintenance Department should get an alert via email or SMS. Futuristic Capability to Support Industry 4.0- Ensure that whichever technology you choose today should be futuristic, which means it should be capable of keeping par with the latest innovation in technology. As of now, your ERP solution should be capable of supporting Industry 4.0 related integrations. Ekatm ERP is dedicated to improving your day-to-day operations and increasing productivity through automation of routine processes. Small strides can make a bigger difference. Focus on smaller automations in daily work lives to make a big difference and in this way, pave way to boost your ROI in the manufacturing business. Wish to know more? Write to us at enquiry@vritti.co.in <!– 1645444376624 –>
