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 given period. Effective capacity is …
ERP Software for Rubber Industry Rubber manufacturing is seeing a continuous rise in demand. The use of rubber products is always increasing and hence creating good opportunities for import and export businesses in India. Our country has become the largest exporter of rubber products inclusive of many small scale industries. But there is always a …
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 …
How digitization is transforming manufacturing industries ? Read More »
In a manufacturing industry, the inventory refers to the finished goods, raw materials and other processes/unfinished items kept in the store. These are valuable goods that need to be handled with care for an uninterrupted production process. A manufacturing inventory control is a process with several techniques involved with respect to the nature of business …
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What is an ERP Software ? ERP is a software that integrates all the departments in an organization which in turn helps to maintain a standard work-flow, giving complete details on day to day activities. ERP benefits in optimum utilization of the resources and thus improves the overall efficiency in delivering quality products. An ERP …
Manufacturing industries deal with many complex processes and maintaining an efficient inventory control is the most mandatory thing to focus on. Inventory is a major part of investment that a company could make. Hence most of the money in the form of stock lying in the store should add value to the business process. The …
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Manufacturing Industries always strives hard for quality production of goods. Time is money for every industry and it is important to consistently keep an eye on each and every asset’s performances. Hence the term OEE exists. OEE (Overall Equipment Effectiveness) is the key performance indicator metrics that is used to calculate and analyze the performance …
What is OEE (Overall Equipment Effectiveness) in manufacturing ? Read More »
What is Manufacturing Waste ? Manufacturing waste not only refers to the material scrap after the production process, but also the unnecessary expense and the use of time that does not result in a quality product to the customer. Every business owner faces a significant loss of money if this manufacturing waste is not checked …
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ERP Software plays the most important role in handling manufacturing processes. The process behind the production of any items involves a series of complicated tasks to form a final product. This product is not produced as a single one but a huge number of items or goods are being manufactured each and every day against …
What is Production Planning in Manufacturing ERP ? Read More »
What is Business Intelligence (BI) ? Business Intelligence is the process of using historical data from your business operations, to represent a meaningful illustration that could help you analyze and improvise business strategies to meet customer’s demand as well as out-perform the competitors. Every business undergoes a challenging phase in this ever changing business environment. …
How Business Intelligence helps Manufacturing Industry ? Read More »
Founded in the year 2014, Freedom Software Solutions has positioned itself as a leading entERPrise software provider for manufacturing industries in India.
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