Saturday, June 5, 2010

ERP for Manufacturing Industry


ERP is a comprehensive enterprise resource Planning system that offers best-practice support for multi-mode manufacturers in a broad range of Industries. ERP integrates internal and external management information across an entire organization, embracing finance/accounting, manufacturing, sales and service, customer relationship management, etc. ERP systems automate this activity with an integrated software application. Its purpose is to facilitate the flow of information between all business functions inside the boundaries of the organization and manage the connections to outside stakeholders.

In today's aggressive business environment it is essential to be prepared to face a vast and competitive world. In this time of diminishing global economic situation, the most worried sectors are the small and midsize businesses (SMBs). They are challenged by the requirement of the customer and compliance mandates, effective management of supplier, costs control and finding new customers to grow the business especially in manufacturing industry.