Do You Know ERP Usages
in Your Industries?
Enterprise
Resource Planning (ERP) is the most crucial solution for any industry. An ERP system is designed with numerous
business applications which are then integrated within the system, but with
each individual tool managing specific operations of the organizations.
It is helpful
for handling day-to-day activities and managing all the aspects of businesses
including Production, Distribution,
Planning, Purchasing, Manufacturing and sales, Accounting and Customer Services.
It facilitates
handling various business functions on single platform and can be easily
integrated with all your existing Microsoft office module.
Multiple
industries face various challenges which can be resolved by using Microsoft
Dynamics NAV ERP solution.
Beneath
mentioned are few major challenges found in industries like Manufacturing,
Pharmaceuticals, Logistics, Finance and Education:
v Challenges in MANUFACTURING Industry:
Manufactures faces various
challenges every single day. The challenges may vary from one manufacturer to
another.
·
Inventory Control: Balancing between too much
or too little inventory is a big headache for most manufactures. Having the
right inventory means the supply adequate meets the demands of your customers.
You also need to look at the lead time it takes to get your materials in.
Microsoft Dynamics NAV ERP system
comes with an Inventory Control
Application that offers the manufacturer the visibility and inventory
counts needed for more efficient production planning. The system accounts for
the inventory right from the customer sales order and any deficiencies and
flagged immediately hence alerting the manufacturer.
The solution allows you to implement manufacturing
processes in a short timeframe which can be measured in weeks and not years.
·
Shipment Tracking: Lot Traceability is done for
both raw materials and finished goods. Manual data entries bring inaccuracies
in tracing specific raw ingredient numbers utilized finished products which are
then shipped to different clients.
Companies regulated by the FDA have no option but to
adopt ERP for cradle-to-grave traceability which helps to isolate any source of
food safety issues.
·
Single Source of Data: Any manufacturing company
utilizes multiple applications, but with ERP,
you’ll only need a single source of data. You don’t need to pull together
several bits and pieces from multiple spreadsheets, batch tickets, accounting
sources, sales orders or other sources to know the status of business.
You will save time by eliminating the need to carry
out data searches from various platforms as well as getting rid of re-entry of
information.
·
Reporting: Sorting huge quantities of
data is very time consuming and problematic task to manage for the
manufacturing companies.
Manufacturing ERP provides the right reporting
capabilities by visualizing all the data integrated in the system. Reporting
tools like financials, documents, and the process is made easy and accurate.
The Reporting Database is automatically updated with
each transaction in the system, hence ensuring greater data accuracy.
v Challenges in PHARMACEUTICAL Industry:
Pharmaceutical
companies faces many business challenges like complex operations, quality
management, and compliance with regulatory requirements.
· Inventory Management: One of the most important as
well as difficult aspects of Pharma companies is managing the inventory. It
involves a lot of resources to manage the inventory efficiently.
Distribution Management:
The manufactured products need to be disturbed through different channels
across a nation. Manual tracking of the entire distribution process is quite
taxing and human error is inevitable. This is where the ERP comes into play.
This software comes with the feature of lot tracking and batch.
· Production Management: Another very important
aspect is the production of various pharmaceutical products. Keeping a check on
the quality of products to maintaining the machinery, production involves a lot
of aspects.
Microsoft Dynamics
NAV ERP Solution consist a Pharmaceutical Application that proffers
the healthcare companies for more efficient operational planning. It permits companies
to implement the processes in a short timeframe.
v Challenges in LOGISTICS Industry:
The Challenges faced by logistics are the lack of
integration in transport networks, information technology and warehousing &
distribution services.
·
Inventory Inaccuracy: Using paper, excel or any
manual process to track inventory and you are inviting mistakes. Manual
inventory management does not allow for real time information leading to
inaccurate inventory counts as the inventory numbers may be different at
different time zones.
·
Improper & Inadequate
software usage: For the companies that understand of automating, the next challenge
they may come across is finding reliable warehouse management software (WMS).
·
Unreliable Supply Chain
Resolution: Unreliable suppliers or uncertain supply chain is often out of your
control. You may have a supplier that consistently misses their scheduled
delivery date or that occasionally delivers wrong orders.
Microsoft Dynamics NAV ERP Solutions
consist a Logistics Application that
proffers to track the inventories and consignments in more resourceful manner. It
permits companies to implement the processes in a short timeframe.
v Challenges in FINANCE Department:
To maintain and handle the statistics in an
organization is difficult in today’s business world. Challenges &
complexities continues to grow and increasing in the global marketplace.
Microsoft Dynamics NAV is an integrated business
management solution that provides financial management, customer relation
management (CRM) and supply chain management.
·
Cash Management: Cash Management is used to
manage the company’s bank accounts and the improvements are in the area of Bank
Reconciliation and Electronic Payments.
·
Payables & Receivables: Microsoft Dynamics NAV
feature can be used to track and manage accounts payables & account
receivables.
·
Security: Data Security is the biggest
threat for any organization. It can be achieved by assigning different
permissions sets to users.
·
Traceability: Dynamics NAV provides for
very robust serial number and lot Number tracking. This helps user for tracking
the serial number of order placed.
v Challenges in EDUCATION Department:
Excessive paper work for
data collection: In order to build reliable statistics, school and district
administrations ask that teacher compile large amount of data, such as grades
and student growth. Teachers have difficulty with this because of the
additional time it requires and didn’t get the quality content for their
students.
Not
enough time to plan: Teachers frequently complain the lack of time
they are given to prepare, plan and execute all the tasks that are demanded of
them.
Microsoft Dynamics NAV ERP system
is best solution for companies working in education segment to boost the
organization’s long term competitiveness and adaptability. With Microsoft NAV organizations
can-
·
Lowered total-cost-of-ownership.
·
Reduced purchase order approval time by 80 percent.
·
Improved adaptability and transparency.
·
Better reporting strengthened compliance.
To modernize your divisions and increase efficiency & productivity
of your branches get Microsoft Dynamics NAV today.
SAN Dynamics is an authorized partner of
Microsoft & provides services to its customers through varied platforms
across the Globe.
Comprising of skilled and dynamic professionals, SAN Dynamics have
helped customers reach their ERP requirements using Microsoft Technologies. Team
consisting of one of the finest developers available in the market having
collective experience of more than 100 implementations in the domains like
manufacturing, retail, logistics, service etc. SAN Dynamics have presence in
US, Australia and India.
We help companies to buy new Licenses, Upgrade their exiting software’s
and also help companies in collaborating the software with their existing
processes. For all your software needs please contact us today at:
Contact us -
Australia: 11 Mount Vista, Close Berry,
NSW 2535
M (AU): +61 478 816 350
USA: 600B San Diego, California,
USA
M (US): +1 (619) 634-3826
India: 741, B Wing, iThum Tower,
Sector-62, Noida, Uttar Pradesh
M (IN): +91 920 534 2400
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