Manufacturing ERP Software | Here’s What You Need To Know

Choosing and implementing a broad-reaching system can feel like such a high-stakes commitment, whether you’re a producer looking to substitute outdated software, turning to a new provider, or just getting started on your ERP journey.

Manufacturing ERP is a refined version of a standard ERP system that focuses on streamlining and automating all manufacturing-related activities. Manufacturing Resource Planning (MRP) can significantly aid in the expansion of your business.

To assist you in tackling the dilemma of investing in or optimising your ERP software, we’ve put together a guide to manufacturing ERP: what it is, when you need it, what it should do, and when it’s time to upgrade to manufacturing ERP software.

What Exactly Is Manufacturing ERP?

Manufacturing ERP is a form of Enterprise Resource Planning software that is only used by businesses whose principal objective is manufacturing. Production companies frequently have highly specialised needs. These include modules like management and planning, procurement, and so on. Manufacturing ERP systems are designed to meet these requirements.

In other words, Manufacturing ERP software is a refined version of a standard ERP system with a laser-sharp focus on implementing automated manufacturing-related activities. It employs the same time-tested ERP principles to increase the efficiency of manufacturing companies significantly.

Why Do We Need Manufacturing ERP?

Standard ERP systems include modules such as Customer Relationship Management, Human Resource Management, Sales, Finance Module, and so on. While these are important aspects of any business, a production company requires ERP software that addresses some of its more specific requirements.

The most basic solution to this issue is to create a type of ERP that includes all of the essential modules of a standard ERP as well as a few other modules tailored particularly to a manufacturing company. Aside from standard ERP modules, production applications ERP software includes modules such as processes and strategic product planning, stock control, control hazards, and so on.

What Kinds of Manufacturing ERP Are There?

Manufacturers can choose from three different types of ERP solutions.

Broad Manufacturing ERP Systems

This can be applied to any sector. These outperform generic ERP software in terms of value because they include features designed specifically for the needs of manufacturers. For example, tools for managing shop floor process changes and machine servicing scheduling capabilities.

As previously stated, general manufacturing ERP provides greater value than software intended to function in any industry. Even so, if you choose a generic or broad ERP solution, you may end up requiring to add extra software or personalise your platform to receive the exact features you require, which complicates launching and running your ERP software and reduces ROI.

For genuine investment value, your company should look for ERP technology that provides functions tailored to your industry. 

Generic ERP Software

This can be used by businesses in a variety of industries, not just manufacturing. These provide the majority of the features discussed above, but they are not intended for production use. While it may be enticing to select generalist software if you’ve never used an ERP system before, you’ll overlook valuable features if you do. And if your company is already using a general production ERP solution but it isn’t providing the specific functionality you require, it’s time to modernise it to something more specialised.

Industry-Specific Manufacturing ERP Solutions 

Discrete manufacturing ERP, process manufacturing ERP, and food manufacturing ERP are examples. These are the most famous options for manufacturing companies because they offer you the functionalities you need to run your business effectively.

How Can ERP For Manufacturing Industry Help?

ERP systems are a kind of manufacturing software solution that improves a manufacturing company’s current organisational productivity by enhancing and coordinating how company assets are used. Enhancing and reducing the number of resources required while maintaining quality and productivity are critical components of effectively boosting business development and profitability. Manufacturing businesses can use ERP software to manage crucial elements of everything from shop floor processes to produce and stock management.

Benefits of ERP For Manufacturing Industry

A modern, integrated production ERP system provides numerous operational and economic benefits at both the micro and macro tiers. The following are the most notable advantages of ERP for manufacturing industry:

  • Reducing redundancy and automating mechanisms to boost efficiency;
  • Boosting inventory, warehouse, supply chain, and transportation control;
  • Increasing productivity by maximising manufacturing operations;
  • Risk reduction and increased compliance confidence;
  • Acquiring real-time reporting for your processes that you can access rapidly;
  • Offering exceptional customer support;
  • Boosting visibility and communication by consolidating operational and financial data;
  • Getting rid of the requirement for multiple systems that don’t interact with each other;

An ERP for manufacturing industry, in a broad sense, simplifies operations and offers support to manufacturers, allowing them to grow their business and boost revenue while enhancing quality.