Benefits of SAP Business One ERP for Manufacturing Industry
SAP Business One is an ERP software developed by SAP. It is specifically designed to help small and medium-sized business owners achieve their business objectives. It comes with features and functionalities that a lot of these companies use on a daily basis. A company can implement SAP Business One either internally or by taking the help of an SAP Business One consultant. The software provides efficient resource planning which can help your business realise several benefits.
Thousands of companies from across the globe are using SAP Business One as their primary ERP software. These companies serve different industries and have different objectives. SAP Business One can be easily moulded for the type of industry you are dealing with and what you aim to achieve.
How SAP Business One Can Help the Manufacturing Industry
Manufacturing companies can employ a lot of employees responsible for performing several different tasks right from procurement to final delivery. With an ERP solution in place, manufacturing companies can increase the visibility into every business operation and make sure that everything is running smoothly and at the highest capacity.
SAP Business One has several functions that are very useful for the manufacturing industry. It comes with integrated solutions for supply chain management, production planning, EDI, shipping logistics and more. Here are some of the key features of using SAP B1 for manufacturing companies.
Features of SAP Business One for the Manufacturing Industry
1. Warehouse Management
Almost every manufacturing company manages their own warehouse. With SAP B1, warehouse management becomes a lot easier as compared to manual ledgers and spreadsheets. It can help you effectively track the movement of stocks to and from the warehouse and across multiple warehouses as well. This way you can stay on top of inventory count always and prevent situations like deadstock or overstock. This helps in reducing overall management costs, improved delivery time, and enhanced overall warehouse efficiency as well.
2. Planning and Consumption
Staying a step ahead of the competition will help you attract more customers and generate more revenue. With the help of a robust ERP solution, you can plan stock deliveries in advance based on the shifting market trend and customer demands. This will give your company an upper hand when something viral starts selling quickly and you have sufficient stock available long before anyone else did.
3. Actual Estimates and Costs
SAP Business One has an inbuilt analytical tool that can calculate your company’s profit margins, overall expenses, and the amount of profit you can earn. The interactive software is easy to work with and works exceptionally great in updating the records in real-time. This way everyone has access to what they want to see and can easily figure how and where the business is lacking and what we can do to improve it.
4. Machine Planning Processes
If you are a small company with a limited number of assets, it becomes important to choose a person that won’t take up too much time on one machine and lets others use them as well. This is a great way of reducing overspending on your business even if you don’t need it. It also reduces inefficiency as you can plan machine processes better with the help of accurate resources.
5. Quality Control
Quality control is one of the most important processes for a manufacturing company. You can tie up with SAP Business One consultants to build preset conditions that will improve the entire supply chain seamlessly. It will follow international standards to hand out certificates in order to show the authenticity of the brand and the products they are producing. For FMCGs, inefficient quality control can lead to bad products being circulating in the market and can even pose serious health issues for a number of users.
6. Interactive Dashboard
SAP Business One has an interactive dashboard that provides much-needed visibility and control to manufacturing companies. The dashboard provides all the data in a single place which is easy to read and analyse as well. With this important business data, you can zone into the most critical processes of the business and improve them to make better decisions.
7. Production Project Management
Got multiple projects running at the same time in different locations? With SAP Business One, you can easily take care of the projects and see their progress in real-time. The ERP solutions integrate with the project management and have the capability of cross-functional reporting. This includes cost accounting, controlling, manufacturing and logistics management, packing, labelling and more.
8. Advanced Planning and Scheduling
SAP Business One provides greater control of bill of materials, viewing order times, capacity allocations, availability of resources, batch grouping and more. With this level of advanced planning and scheduling, you can stay on top of whatever’s happening in your business.
Benefits of SAP Business One ERP for Manufacturing Companies
Utilizing these features will provide several benefits to manufacturing companies. Some of these are:
- Ability to stick to delivery times by optimizing processes and reducing lead times.
- Helps in improving the planning and communications process so that you can keep up with the ever-changing requirements and start projects faster.
- Enhance customer satisfaction by ensuring that they receive only the best quality products from your company.
- Efficiently manage your resources, materials and employees. Provide accurate quotes for the project and reduce wastage of time or money.
- Drive higher utilization rates for machines and labour.
- Keep projects running on schedule even after a customer changes their order. Adapt quickly with the help of clear data sharing.
Investing in a robust ERP solution like SAP Business One can be one of the best decisions you can take for your manufacturing business. If you don’t have the technical expertise in-house, you can procure the help of an SAP Business One consultant to do the implementation for you. They’ll communicate with you to understand your business objectives, analyse the current system in place, assess the solution required, and suggest SAP B1 pricing quotes as per your business needs. SAP Business One has a lot of features and third-party modules that makes it one of the best enterprise resource planning solution available in the market right now.