Supply Chain Management (SCM) software is designed to enhance communication, collaboration, and coordination with vendors and suppliers, transportation and shipping companies, intermediaries, and other partners by enabling faster bi-directional information sharing.
With a supply chain management software in place, a business can manage its entire network more effectively by overseeing all activities across all suppliers, production plants, and storage and distribution facilities.
It becomes easy to streamline and centralize their distribution strategy, and eliminate the logistical errors and lack of coordination that can lead to delays.
SCM increases visibility and enhance collaboration across the entire supply chain by sharing valuable information such as demand trend reports, forecasts, inventory levels, and transportation plans with suppliers and other partners.
It can also minimize storage costs and improve cash flow by better managing inventory levels and it also helps improve logistics tracking, corrects break-downs, inefficiencies, or problems in the supply chain before they become unmanageable.
for more information check this link : http://www.eresourceerp.com/Supply-Chain-Management-software.html
Showing posts with label real-time. Show all posts
Showing posts with label real-time. Show all posts
Thursday, June 2, 2016
Friday, May 27, 2016
ERP reduces cycle time, improves efficiency
ERP reduces cycle time, improves efficiency
AMONG the other benefits that eresource ERP can bring, reduction of cycle time is an important an aspect. Before getting to know the benefits of reduction in cycle time, it is better to understand what cycle time is meant. Cycle time is the time between placement of the order and delivery of the product.
At one end of the manufacturing spectrum is the make-to-order operation where the cycle time and cost of production are high. This is because in a make-to-order situation the manufacturer starts making the product or designing the product only after receiving the order. The manufacturer will procure the materials and components required for production only after getting the order. On the other end of the manufacturing operations is the make-to-stock approach, where the products are manufactured and kept in the finished goods inventory before the order is placed.
In both cases the cycle time can be reduced by the ERP systems, but the reduction will be more in the case of make-to-order systems. In the case of make-to-stock, the items are already manufactured and kept in warehouses or with distributors, for sales. Here the cycle time is reduced not in the shop floor, but during the order fulfillment. In the earlier days, even for the made-to-stock items, the cycle time used to be high. This is because the process was manual and if computerized, was not integrated.
Here is a typical example of old working system. Suppose a customer places an order. The order entry clerk has to check whether the ordered product is available in the warehouse nearest to the customer. If it is not available there, then he will have to check whether it is available in other warehouses or with any of the distributors. Then he will have to process the order, inform the concerned warehouse or distributor to ship the item and then inform the finance department to raise the invoice and so on.
All these used to take time, days and sometimes week. But with eresource ERP system, as soon as the order is entered into the system, the system checks the availability of the items. If it is not available at the warehouse closest to the customer, then the warehouse that is closer and which has the item in stock is identified. The warehouse is informed about the order and the shipment details are sent t the distribution module, which will perform the necessary tasks like packaging, picking and so on, so that the goods are delivered on-time.
The finance module is also alerted about the order so that they can raise the invoice. All these actions are triggered by the click of a button by the order entry clerk. Since all the data, updated to the minute, is available in the centralized database and since all the procedures are automated, almost all these activities are done without human intervention. This efficiency of the eresource ERP system helps in reducing the cycle time.
eresource ERP system has proved that it can produce goods at the flexibility of make-to-order approach without losing the cost and time benefits of made-to-order operations. This means that the customer will get individual attention and features that they want without spending more money or waiting for long periods. With t web enabled eresource ERP system, customers can place the order, track the status of the order and make the payment sitting at home.
http://www.eresourceerp.com/ERP-reduces-cycle-time-improves-efficiency.html
AMONG the other benefits that eresource ERP can bring, reduction of cycle time is an important an aspect. Before getting to know the benefits of reduction in cycle time, it is better to understand what cycle time is meant. Cycle time is the time between placement of the order and delivery of the product.
At one end of the manufacturing spectrum is the make-to-order operation where the cycle time and cost of production are high. This is because in a make-to-order situation the manufacturer starts making the product or designing the product only after receiving the order. The manufacturer will procure the materials and components required for production only after getting the order. On the other end of the manufacturing operations is the make-to-stock approach, where the products are manufactured and kept in the finished goods inventory before the order is placed.
In both cases the cycle time can be reduced by the ERP systems, but the reduction will be more in the case of make-to-order systems. In the case of make-to-stock, the items are already manufactured and kept in warehouses or with distributors, for sales. Here the cycle time is reduced not in the shop floor, but during the order fulfillment. In the earlier days, even for the made-to-stock items, the cycle time used to be high. This is because the process was manual and if computerized, was not integrated.
Here is a typical example of old working system. Suppose a customer places an order. The order entry clerk has to check whether the ordered product is available in the warehouse nearest to the customer. If it is not available there, then he will have to check whether it is available in other warehouses or with any of the distributors. Then he will have to process the order, inform the concerned warehouse or distributor to ship the item and then inform the finance department to raise the invoice and so on.
All these used to take time, days and sometimes week. But with eresource ERP system, as soon as the order is entered into the system, the system checks the availability of the items. If it is not available at the warehouse closest to the customer, then the warehouse that is closer and which has the item in stock is identified. The warehouse is informed about the order and the shipment details are sent t the distribution module, which will perform the necessary tasks like packaging, picking and so on, so that the goods are delivered on-time.
The finance module is also alerted about the order so that they can raise the invoice. All these actions are triggered by the click of a button by the order entry clerk. Since all the data, updated to the minute, is available in the centralized database and since all the procedures are automated, almost all these activities are done without human intervention. This efficiency of the eresource ERP system helps in reducing the cycle time.
eresource ERP system has proved that it can produce goods at the flexibility of make-to-order approach without losing the cost and time benefits of made-to-order operations. This means that the customer will get individual attention and features that they want without spending more money or waiting for long periods. With t web enabled eresource ERP system, customers can place the order, track the status of the order and make the payment sitting at home.
http://www.eresourceerp.com/ERP-reduces-cycle-time-improves-efficiency.html
Thursday, May 26, 2016
'Real-time' inventory system in eresource ERP is 'real'
When we talk of real-time inventory system, there may be some eyebrows raised and questions asked about the existence of a 'real' real-time inventory system in ERP. But without any hesitation we can assure our customers that eresource ERP is a genuine manufacturing ERP system with a 'real' real-time inventory module.
eresource ERP system has been developed with all the needs of a process manufacturing unit in mind. In a process manufacturing organization receiving raw material "just-in-time' is an important factor. Profit of the product also depends on being able to sell them immediately with certainty as to the cost of what has been produced, based on the cost of materials consumed and the added-value of the manufacturing process.
What is the most important matter concerning an efficient ERP system is managing the cost. Managing costs is a critical requirement of ERP implementations, and delaying cost adjustments disables that needed benefit. Eresource ERP provides its customers with a efficient way of managing the costs through its system.
In today's business environment, Real-Time Inventory has been termed as a very important requirement. However, unlike eresource ERP, all the ERP systems are not capable of doing this work efficiently. For any manufacturer, inventory is placed on-hand both via purchase and via manufacture. The working method for inventory also differs depends on varies manufacturing industries. For example the discrete manufacturer making large runs to stock has ample time to record all costs after the production run completes, and before delivery where as the process manufacturer like Food and Beverage industry is usually making to order for same day delivery.
The real-time inventory can become only real when it includes the updating of costs as well as quantities. Eresource ERP has been doing this for years that continually evolve to meet the most discerning requirements of the modern industry.
eresource's web-based ERP system scores in many ways. In eresource ERP, any Inventory item, or Item type, can have its valuation method set independently. Irrespective of the valuation method set for an item, eresource maintains all the values for all valuation methods for every item. When all valuation methods are maintained for all items, it is possible to change the valuation method for any item if required, and eresource will automatically calculate and post the adjusting journal to the Inventory Control Account in the General Ledger. If the Standard Cost is changed, eresource will post that valuation change also to the General Ledger.
eresource ERP, has the ability to automatically update data between related process and functions. The beauty of eresource ERP system is that information updating happens instantaneously. So you get up-to-the-minute information at your fingertips through our effective web-based ERP system.
The data entered in the eresource ERP system instantly can be viewed by all the users on-line and in real-time. All the members of the organization have access to the same information for planning and control purposes. This can facilitate more consistent planning and control, in contrast to many other ERP systems.
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