The manufacturing industry is one of the largest industries in the world, serving as one of the most significant contributors to the global economy. Manufacturing companies employ millions of people and provide for billions of people. 

With that much riding on the industry, it’s critical to implement a good ERP (enterprise resource planning) system for your manufacturing company.

What Is Manufacturing ERP?

ERP is a type of software that can be used to manage an organization’s data. It is a system that helps with the management and coordination of business operations.

ERP software helps companies manage every aspect of their business. For example, with a Manufacturing ERP, you can:

  • Manage your inventory: Keep track of your stock, raw materials, finished products, and product status.
  • Estimate manufacturing costs: You won’t have to go into projects blind when you have data from similar projects at your fingertips to review and analyze.
  • Schedule production: With real-time data, you’ll be able to see your materials and demand at a glance to optimize your production timeline.
  • Ship and receive orders: An ERP can help revolutionize your ordering process by automating processes you had to do manually before, like ordering labels.
  • Manage risk and compliance: Keeping up with regulations is part of the game with manufacturing. Have all the rules at your fingertips with ERP software.
  • And more! A manufacturing ERP can perform dozens of functions to enhance your business.

Why Are Manufacturing ERPs Important?

The best manufacturing ERP software will help you streamline your processes and make them more efficient.

Manufacturing ERPs have become an integral part of the manufacturing process for many companies. 

ERP systems are not just for large corporations anymore but also for small manufacturers who want to grow their business or start one from scratch.

Manufacturing ERP helps manufacturers with all the aspects of their business – from production and inventory management to sales and customer service. It also provides data analytics, which is crucial for any company that wants to improve its performance.

Why Your Business Needs a Cloud-Based Manufacturing ERP System

When deciding on a manufacturing ERP, you’ll be confronted with a few choices. One is whether or not to choose a cloud-based ERP or a site-server ERP.

The on-site option seems cheaper upfront, but it can be more expensive and less valuable in the long run. 

Cloud-based ERP systems are more flexible to the needs of different businesses. They also tend to be more efficient and cost-effective for companies since you only pay for what you need. 

In addition, cloud-based ERP systems are easier to integrate with other platforms and can be updated more regularly with less risk of data loss. Finally, since the cloud is a service, it is easier to implement and doesn’t require a costly IT department.

Conclusion

ERP systems can help manufacturing companies improve their efficiency and productivity by automating many administrative tasks. ERPs help with inventory management, forecasting, production planning, quality control, and more.

If you want all the advantages an ERP offers but don’t know where to start, we can help! Our team at StackBench can help you through every step of implementation. We are one of the top Open Source ERP Implementation company in the United States! Contact us today to get started!

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