What should industrial manufacturers look for in ERP

Regardless of the size of the plant, it is difficult for industrial manufacturers to find a one-size-fits-all ERP solution. New technologies in industrial manufacturing are an everyday occurrence. Given the ever-changing industrial manufacturing environment, how will your ERP keep pace and

Look at the four Cs: customers, components, companies, and competitors
In industrial manufacturing, sales are mainly B2B. It would be most beneficial to have an ERP that focuses on all 4 C's simultaneously (customer, component, company, and competitor). When choosing an industrial ERP, consider the relationships that exist between your company (company), customers, suppliers (components), and competitors, and how your system will affect these touchpoints.
Companies, customers, and components
When a new customer is acquired, or an existing customer has additional needs or requirements, it should raise several questions: Can your existing supplier meet these additional needs? Or is it necessary to find a new supplier? Are you confident that you will be notified and able to respond quickly if there is a supply disruption? To respond positively to these situations, industrial ERP should have:
1) Good CRM (manage, maintain, and track customer relationships).
2) Good SRM (manage, maintain, and track supplier relationships).
3) An easy-to-use workflow engine - when something changes, you can see it immediately.
4) Functions of a customer portal, supplier portal, and supplier self-service.
5) Good visibility of customer and supplier metrics on the dashboard.
Company and customers
In the case of a customer launching a new product or entering a large number of orders, other issues to consider arise: What is the inventory process for inventory and factory capacity to meet demand? Do you know your costs well enough to quote effectively and competitively? To proactively address these situations, your industrial manufacturing ERP capabilities should include:
1) Powerful real-time inventory management, which can provide inventory cost, inventory value, number of turns, shelf life, and SLOB (slow and obsolete).
2) Plant capacity management provides a clear understanding of plant capacity, allowing you to add resources and increase capacity, look at your constrained resources, see how much work you can take on without putting in new investments, and consider how and where to reduce plant capacity.

 
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