The manufacturing industry is probably one of the most useful industries which lay the foundation of every other business. Whether you are running a retail business, pharma, construction, automobile, packaging, trading or any other business, this is certain that the manufacturing industry is involved in one way or the other. So, with so much stake and dependency on this business coupled with ever-rising complex challenges, there comes a need for all manufacturers to stay agile and leave behind the excel sheets and step in the world of the digital era.
There are many operations taking place in the manufacturing business so there should be a centralized system instead of a disparate system to manage it all. From procuring to production to shipping and delivery, it becomes tough for you to manage and record everything precisely. Even if you own a bookkeeping accounting software, you can not manage everything. It becomes difficult to keep a record of inventory, production planning, scheduling, evaluating bills of materials and so much more with bookkeeping software.
Moreover, if you are managing it with excel sheets or so, it becomes difficult to scan information faster and make confident business decisions. For example, if you want to know how much stock you are in hand, which inventory is becoming obsolete and nearing expiration, how much stock a particular inventory holds and so much more. Alongside, how can you know which of the production units is incurring maximum bottlenecks in production? and which of the manufacturing units is being more profitable and running successfully?
You may also find bottlenecks in examining sales trends and forecasting. How best can you know which product will incur the maximum profit in the long run? Which product is consuming maximum raw materials but not bringing major profits? This could be the cause of concern if you are running a multi-manufacturing unit. Apart from that, how can you stay compliant and file your tax and ensure you are filing it the right way? You must have a comprehensive software in place that can help you juggle all responsibilities and eliminate the probabilities of errors and improve supply chain visibility and so much more.
There comes a software which is specially designed for manufacturers which is not only affordable for all small and medium-size enterprises but also feature-packed. Trusted by over 60,000 customers across the globe, SAP Business One is the best software that helps all manufacturers to win big in the complex market. The software that has all inbuilt modules such as accounting and finance, purchasing and operations, sales and service, inventory and distribution, production and MRP and so much more. It pays to partner with ERP companies in Mumbai for the successful deployment of SAP Business One Manufacturing.
The legacy mode won’t work anymore. It’s an era of intense competition. The chances of success multiply if you can rest your decisions based on facts and figures rather than basing it on mere guesswork and instincts. SAP Business One for Manufacturing plays a vital role in automating everything. From inventory and warehouse management, supply chain management, quality control, services management, customer management, purchasing and procurement, you can manage it all.