Failure Mode and Effect Analysis (FMEA) in Manufacturing Industry
What is failure mode and effect analysis ? Failure Mode and Effect Analysis (FMEA) is a feature in Enterprise Resource Planning (ERP) systems that helps organizations identify potential risks and prioritize them based on their severity and likelihood of occurrence. FMEA is used to identify and analyze potential failure modes […]
Why is traceability important in manufacturing ?
What is traceability in manufacturing ? Traceability is an important factor in manufacturing that ensures better productivity of quality goods. Traceability as the name implies, is a system that tracks each and every item, parts and raw materials right from the entry till packing of items. This process greatly helps […]
Importance of Manufacturing Production Scheduling in ERP
What is production scheduling ? Production planning is a phase that determines the most important function of production like what and how much of materials need to be produced. The scheduling part decides who performs the operations and when. It allocates all the resources with respect to employees, materials and […]
Quality Control (QC) vs Quality Assurance (QA) in Manufacturing Industry
What is Quality Control (QC) ? Quality control is the process of checking the quality standards assigned for the product and contributes in improving the product quality further in the sequence. This quality control activity is done through manual inspections where the product is physically examined for defects or inconsistencies. […]
Why Business Intelligence (BI) in ERP ?
Business Intelligence and ERP are often confused to do the same job. Should companies prefer either ERP or Business Intelligence or both together ? This question can be common nowadays as people start to explore more technologies for their business growth. So lets see the connection between these two software […]
Role of ERP in digital transformation for manufacturing industry
What is digital transformation ? Digital transformation is nothing but utilizing the digital platforms and tools in the organization thus helping in greater optimization, process improvisation and customer satisfactions. By digitalization, you can open up to a wide range of possibilities to face the future challenges. With this new era […]
Successful data migration in ERP system
ERP plays a vital role in any business operations. Without an ERP system the organizations suffer with more complications. Recent survey shows a major migration of companies into ERP systems. Whether they are using a legacy system or an older version of ERP system, in both the cases it is […]
Signs that says you need an ERP for your business
So do you really need to invest in an ERP system ? This is a very common question among every business person. Many start up manufacturers use spreadsheets to track the business operations from sales,inventory till payroll. This can be simple to handle at the initial stage but as the […]
E-invoicing under GST – How it works
What is GST return ? The businesses registered under GST have to file returns through the GST portal of the Indian Government. A GST return is a document containing details of all the income & sales vs expenses & purchases of a taxpayer. This is submitted to the tax administrative […]
Capacity Planning in Manufacturing
What is Capacity Planning ? Capacity planning refers to the process of determining the production capacity needed by an organization to meet changing demands for its products. In the context of capacity planning, design capacity is the maximum amount of work that an organization is capable of completing in a […]