Manufacturing Industry

cost estimation in indian manufacturing industry

The Role of ERP Software in Cost Estimation for the Manufacturing Industry

In the manufacturing sector, precise cost estimation is crucial for maintaining profitability and staying competitive. Whether it’s the cost of raw materials, labor, machinery, or overhead, manufacturers need an accurate breakdown to ensure they can meet project budgets and timelines while maximizing margins. ERP (Enterprise Resource Planning) software has become a game-changer in this aspect …

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types of leaves in indian industry by freedom erp software development company

Types of Leave in Indian Industry

In the Indian workforce, employees across both government and private sectors are entitled to various types of leave. Companies recognize the importance of offering diverse leave options, which help employees maintain a healthy work-life balance. While the specifics of leave policies can vary by organization and state, including rules, types of leave, and eligibility. According …

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ERP for automobile industries

ERP for Automobile Industries

The automobile industry faces several pain points or challenges that can impact its operations, profitability, and growth. Here are some common pain points and how ERP for Automobile industries helps them overcome those challenges: Challenge 1: Changing Consumer Preferences: Consumer preferences and demands in the automobile industry are constantly evolving. Manufacturers must keep up with …

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How digitization is transforming manufacturing industries ?

What is digitization ? To explain what digitization is, first let us clarify the difference between digitization and digitalization. These two terms are often confused together. Digitization is a term that refers to transforming your manual process into digital formats using certain tools but without changing the actual process. Whereas digitalization refers to changing the …

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Top 10 Challenges faced by Manufacturing Industries

COVID-19 has impacted almost all the industries and still the situation prevails this year also. The pandemic has affected every business operations most importantly the supply chain, disrupting the travel of goods and materials. This caused a great impact from small to large scale Manufacturing Sectors. It is a hard time for everyone to adapt …

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