Digitalization brings about a whole new range of possibilities which allows you to master current and future challenges in the industry. In this regard, the manufacturing industry is no different. In spite of the challenges faced by the industry at large, the disruption that is brought about by digitalization can bring about revolutionary changes to the industry. A digital transformation in the manufacturing industry reduces time to market, increases flexibility and improves the quality of production, all leading to increased efficiency and profitability.
Optimizing the Value Chain
To achieve the full benefits of a digital transformation in the manufacturing industry, organizations must modernize and optimize their IT practices and portfolios. Whether it’s product design, production engineering, production planning or production execution, digitalization allows manufacturers to extend and integrate the benefits of digitalization not only internally, but to external business partners as well. Streamlining the flow of orders, tracking the transformation of goods, from raw materials to semi-finished and, eventually, to finished goods and evaluating product quality, plant utilization and resources all require a system that integrates different aspects of the manufacturing industry.
Streamlines Inventory Management
Inventory management encompasses products and materials inventory.
Product inventory comprises the products, which are produced through the manufacturing process cycle and how they are delivered/transported to the customers.
Materials management is the string of processes, which ensure that a manufacturing enterprise has the appropriate materials in the right quantity to complete the manufacturing process.
Predicaments can arise if these two systems don’t go hand in hand together.
By incorporating the ERP software, various processes like BOM (billing of materials), inventory management and tracking materials can be upgraded automatically. For small-scale manufacturers, the update of these processes is a result of manual labor through spreadsheets. This method is obviously prone to human error.
Implementing an ERP system can facilitate in reduction of these human mistakes and automate inventory requirements; hence eliminating human intervention. This ensures that the materials always arrive on time when they are required.Valuable space is not occupied unnecessarily inside the warehouses, which can instead be used for other important purposes.
Enhances Product Quality
Quality control plays a pivotal role in manufacturing. An effective Enterprise Resource Planning System helps a business monitor its production quality very efficiently. If a problem does occur, it is spotted quickly and duly rectified. Furthermore, appropriate adjustments can be made to enhance whatever aspect of quality has faltered.
Organizations are now spared from the trouble of finding of quality-related issues too late. Courtesy to an ERP System, a manufacturer, has the benefit of responding to problems as soon as they arise.
How YGL BeyondERP can help SMEs in manufacturing industry to adopt and implement Industry 4.0?
We Help Manage Industry 4.0 Implementation via ERP Transforms in the Manufacturing Industry
With YGL, you’ll be working with the most experienced professionals in the ERP industry. Whether you need short-term support or resources for a long term engagements, our ERP Consultants have the expertise to help you implement and integrate the ERP system requirement for Industry 4.0. With a core team of functional and technical ERP consultants that are both skilled and certified, we can quickly implement a robust ERP System to maximize the value of your investment.
YGL BeyondERP system applications allows you to enable a seamless workflow from your finance to warehouse and right down to your production efficiency by providing you the essential management dashboard which allows you to have a clear visibility.
As an industry leader in ERP system Implementation, we can be sure that each YGL consultants have the highest qualifications. We provide a wide range of ERP System Integrations with experience ranging from IOT(Internet of Things) right down to Data analytics on OEE (Overall Equipment Effectiveness), supporting all functional modules to complete project management for your project needs. All of our consultants are fully vetted for the project they’re submitted for, which means you’re only reviewing the most qualified consultants who do what you need done.
We Can Help to implement ERP Transforms in the Manufacturing Industry System Integration under Industry 4.0
We look forward to hearing from you. Contact us today so that we can help you with our YGL BeyondERP which is strategy Industry 4.0 ready implementation needs heading towards Industry 4.0.
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