With a current ERP system, manufacturers stand to gain from a lot of core benefits that improve planning and scheduling as well as increase business visibility for all stakeholders. A powerful solution such as Microsoft Dynamics NAV can deliver an effective response that makes businesses, even those small-to-midsized, effective competitors over the long term. However, just using a baseline implementation, even one that is customized specifically to company needs, may not be enough to stay flexible and agile. It may be worth looking into investing in modules for ERP solutions from independent developers that are specific to a business.
Moving things around
One of the primary benefits of modern ERP systems, as TechTarget notes, is that they’re modular. Rather than utilizing one program that covers an entire array of services that a manufacturer may or may not need, current solutions are made up of a series of modules that are designed for one specific purpose, which are then connected to a hub module that manages everything and allows data to move throughout the system.
For example, there can be general programs used, such as those for warehouse management systems. This particular module can be used to follow the materials being used from production all throughout their roles in the supply chain. That goes from entering inventory from a particular supplier for stock replenishment to its use in the creation of a finished good, all the way to its shipping and order fulfillment. The primary benefit of this software is that it allows the office and accounting to have a better grasp on what materials they have on hand to complete current and future orders. This gives them a chance to improve efficiency and handle changes in order frequency more adeptly.
There are also specific programs that can be used for manufacturers to improve how orders and manpower are handled on the shop floor. For example, there is timekeeping software available for use as a NAV module. What this does is perform time tracking at several different levels, including the length of an order from start to ship. It can also accurately provide the amount of time an employee worked on a shift and can deliver that data directly to accounting software within the system. This allows for accurate payroll and automated data entry, which can save money over the long term and guarantee accurate and quick payback.
Learn more about the benefits of automated time collection by downloading the free white paper entitled “Justifying the Switch to Automated Time Collection” from DMS today.