Transformation in Steel Manufacturing starts with ERP
ERP is no doubt a wizard software tool for all manufacturing industries including steel. In the past years, when steel industry witnessed a towering rise in the steel production, the real brunt was seen on the enterprises or plants due to the skyrocketing costs for operations and maintenance.
Integrated ERP systems have been helping industries in a large way to turn optimise and automate their operations keeping a check on the costs.
Benefits bestowed by a robust ERP software
Supports company-wide integration that helps manufacturing units to streamline all critical processes, from materials procurement to finished goods shipment.
Saves up time by cutting down the production and sales cycle
Helps users to keep track of the multiple planning processes
Provides 360-degree view of all processes across the enterprise
Engages in market trend analysis that helps businesses in demand forecasting
Imperative features/modules to incorporate into a tailor-made steel ERP
Inventory Management
ERP’s inventory module will help enterprises to track product quality, shelf life period, lot controlled items and expiry dates. Inventory module allows manufacturers to keep tight control on inventory, reducing the wastes.
Formula and R&D
Formula module is essential to help manufacturers manage, approve, revise, secure or archive for future uses.
R&D module will empower them to accurately calculate for achieving the targeted physical composition or specific characteristics, and get specific packaging depending on the nature of products.
Quality Control
The module for quality control is imperative too as it helps in integrating different quality checkpoints in the production plants to assure the quality standards of the steel products.
Regulatory compliance
This module helps manufacturing units to monitor the real-time activities of production to see whether they are in line with CGMP norms. Besides, it helps in identifying any non-conformance with the decided standards and perform CAPA for rejected products.
Compliance with GST
While GST is the latest revolution in the taxes in India, manufacturers are struggling to have GST compliant ERP solutions for simplifying their tax calculations. Thus, GST compliant is one of the most sought-after modules in ERP for steel manufacturing.
Summing it up!
These prerequisite modules when properly integrated into an ERP solution, it will help businesses in steel manufacturing to easily deal with challenges of the dynamic industry.
If you are getting an ERP solution developed for your manufacturing unit, make sure you integrate these modules which will let you sail smoothly on the path towards success.
Envertis: Assured Partner for Outright Steel ERP Solutions
Get in touch with Envertis, a preeminent ERP solutions provider in India that has proven expertise in ERP development and is also the Trusted Odoo Partner. Its eminent team of Odoo experts builds well-versed ERP software for the steel industry and will thus provide you with a rightful solution.
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