How ERP Software Solves 5 Top Common Manufacturing Problems
Manufacturers face various challenges every day. Some of the challenges may vary from one manufacturer to another. However, there are many common problems facing all manufacturers alike. Some of these issues can be addressed or completely eliminated by implementing a good ERP system.
Here are the Top-5 manufacturing problems that can be solved by using an ERP:
1. Lot Traceability
Without an ERP system, manufacturers have to manually enter inventory numbers into Excel spread sheets. Manual data entries bring inaccuracies while trying to keep track of raw material lot numbers used in multiple finished goods and shipped to numerous customers. An ERP system offers both forward and backward lot tracking where information can be accounted for from the beginning till the very end of the process.
2. Managing Inventory Levels
Maintaining the right quantities of the correct inventory ensures the supply adequately meets the demands of your customers. Inventory management in an ERP system provides manufacturers the transparency and inventory counts needed for improved Production Planning. The system accounts for the inventory starting with a customer’s Sales Order and any shortages are flagged immediately.
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