ERP is all about control. An ERP system creates a clear picture of the flow of materials, labor and equipment utilization across the enterprise. This improved communication allows the organization to fine-tune processes, identify and eliminate waste, and streamline scheduling. Below are four specific places where effective use of ERP can capture real savings.
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Manufacturing processes have evolved significantly over the last 40 to 50 years. Gone are the days when it was common practice to produce items in bulk, only to be stored in inventory until they were needed.
The primary objectives of a production facility during that time were:
- To keep employees busy
- To keep production up
- To minimize variations in standard products
- The industry has changed quite a bit since then. Today's environment of rapidly changing and variable products recognizes that excess inventory means reduced liquid capital and obsolete materials. Why have money tied up in products that aren't being used?
The industry has shifted towards dramatic reductions in work in process levels, avoiding the wasteful expenditure of resources and increasing manufacturing efficiency. A key feature in these improvements is the Multi-Level Bill of Material.
You can make faster, better business decisions to improve profits and cash flow with NGRERP. By integrating your accounts with your orders and inventory you can get real-time revenue and profit analysis. Our clear, easy-to-access reports show you where you're making money (and where you aren't) by SKU, channel and customer.
Accounts and bookkeeping tend not to be everyone's favourite aspect of running their own business. That's why we are bringing you the top five accounting mistakes which you can avoid.
When deciding to implement new ERP or Business Management software, a lot of consideration goes into selecting the correct solution. Key factors would include:
- Ensuring all processes and requirements are fully catered for
- Verifying all critical information is easily accessible/retrievable from the system
- Determining the longevity of the system for the future of your business
In addressing and fulfilling these points, you will be in a significantly better place for making the right choice than if you were to rush into the "easiest option".
There is however another important factor that is often overlooked - the end-user. So, much time can go in to choosing the right solution that businesses often forget to consider the people who will be using the software on a daily basis.
In some cases, the end user's opinion and involvement in the decision are bypassed altogether. This can lead to the rejection of the new system in favor of outdated, but tried and tested options, such as the old reliable spreadsheet!
End user opinion should not be ignored or taken for granted but should be acknowledged from the outset.
One of the single biggest challenges dairy producers face is the set up and maintenance of how they pay their milk suppliers. As part of our ongoing commitment to the dairy industry, we are releasing new milk procurement functionality that is fully-integrated with the NGRERP platform.