Benefits of Odoo ERP for Manufacturing

1
Benefits of ERP for Manufacturing Industry
www.pptssolutions.com
2
OVERVIEW
ERP has been in the industry scene for quite some
time now, but the magnitude of its existence was
only felt when companies started to face
struggles in managing business costs that
quadrupled when many processes were included.
This was just the beginning of how necessary ERP
was going to be. It eventually took up mammoth
importance along the way.
The ERP stats could not be more promising!
Its estimated that ERP implementation has led to
business process improvement for 95 of
businesses. This is for the most part as compared
to the 5 companies that are yet to incorporate
ERP into their business plans.
www.pptssolutions.com
3
Here are 6 factors that stand out in terms of
providing an Advantage to businesses in the
manufacturing industry.
Better automation and management of work orders
1.
Businesses can now take advantage of an automated
work order system with the implementation of ERP
and thus improve efficiency to a greater extent.
These work orders include the date and time of
the execution, the sales order, customer name,
staff details etc. These work orders will have a
routing code which makes it easy to monitor and
maintain.
2. Integration of all departments
ERP can bring together all departments of a
company without having to forfeit for any
management decisions. Businesses can now
incorporate all aspects of its businesses
steadily and without much effort. This way will
also allow for managers to get a real time view
of the different aspects to a business.
www.pptssolutions.com
4
3. Streamline supply chain order management
Through this feature, the company can now run a
full-fledged supply chain management system that
allows procurement control, stock management,
delivery of goods etc. this will also aid in
better logistic strategies along the way.
4. Overall Inventory Control
This is an important factor that allows for any
manufacturing business to bring out the best that
it can offer. By using ERP software for
Manufacturing, businesses are then able to tackle
external issues that can alter the business
climate as well as monitor stock movements that
flow in and out of the company.
www.pptssolutions.com
5
5. Secure data storage
As soon as businesses bid goodbye to the regular
paper based system of filing and report keeping,
companies have come to understand that they are
able to make the most of their businesses when
effectively having an ERP cloud-based system in
place. This way, there will be access rights to
all managers to handle data, anytime and anywhere.
6. Improvise data accuracy and decision making
ERP softwares enables businesses to get complete
control over all its operational aspects such as
sales performances, customers, stocks and
finances, profit and losses etc.
All the data provided will definitely benefit the
company and its stakeholders in deriving exact
estimates and lead to faster business decisions.
www.pptssolutions.com
6
Overall, businesses that are in the manufacturing
industry tend to face the biggest advantage with
the implementation of the ERP and this will only
add value to the company if implemented at an
early stage. While all these benefits are just
some of the many factors on what is ERP? How ERP
can contribute to the companys growth, the
manufacturing industry on the whole has still got
a long way to go in terms of accuracy and
efficiency while automating the business using
ERP.
www.pptssolutions.com
7
FAQs
What are the Key Features of Manufacturing ERP?
1.
Some of the features include

• Efficient inventory tracking
• Active quality control
• Complete and integrated process automation
• Well-structured project life cycle

2.
Why is ERP necessary for Manufacturing Industry
With the integration of ERP, businesses are able
to keep track of their processes and operations
without much effort. This automation helps the
manufacturing industry work more efficiently.
www.pptssolutions.com
8
Follow us on
Contact Us
business_at_pptssolutions.com
Facebook
www.pptssolutions.com
Instagram
91 422-4037111
Linkedin
7th floor, KGISL SEZ Tech Park, Saravanampatti,
Coimbatore - 641035.
Twitter
Youtube