ERP Solutions, Intrinsic Software

Use of ERP Software has many Benefits . . . ERP Solutions

• Better control of inventory –

• Full inventory tracking and stock movements history

• Control of inventory by batch numbers, serial numbers, or date

• Proper location control, in one or multiple warehouses

• Controlling the movement of goods between warehouses

• Appropriate rules to govern inventory reordering

• Full inventory audits

• Better planning of despatch –

• Allow the system to identify what you can ship, to whom, the delivery location, the urgency and so on

• Take into consideration your important customers, and their special needs

• Plan your shipments so that you can ship in full, first time, every time.

• More sophisticated pricing of sales orders –

• General discounts by customer, product, customer group or product group

• Volume and value discounts

• Pricing by branch or location

• Tighter purchasing control, including full landed costing –

• Three-way matching of purchase order, delivery and invoice

• Automatic updating of latest costs

• Alternative suppliers with their own costs and lead time

• Landed cost processing for imports

• The ability to plan production, considering capacity and materials availability –

• Considers all sales orders, forecasts, current purchases. and manuf. orders, and current stock holding

• Suggests: what to make, when, and in what quantities

• Plans production using shop calendars

• Prepares the manufacturing orders awaiting your final approval

• Identifies manufacturing orders that will be late

• You will never be held up for components that have not been ordered

• You will be able to reduce stock levels to a lower safe level

• Planned purchasing so that you buy what you want when you need it –

• Planning of purchasing considers stock holding as well as manufacturing and sales requirements

• Re-ordering rules control suggested purchasing quantities

• Suggests: what to buy, when, and in what quantities

• Easy conversion of selected planned orders into actual orders –

• Planned orders are presented for your approval

• They can be approved individually or in bulk

• Purchase orders can be faxed or emailed

• Conversion from planned to actual orders can be as required – perhaps daily.

• Real time control of activities on the Shop Floor –

• Formally initiate jobs on the shop floor

• Print all shop papers, labels

• Identify materials used or produced by batch number or serial number

• Record actual times by operator, machine, shift

• Use bar coding or touch screens (or manual timesheet entries)

• For each job, compare actual material and labour used with that budgeted

• Print/display sequence of (today's) operations through each of the work centres –

• The definition of a manufactured product contains the material and operational components

• Operations are recorded by work centre, and include setup, machine time and labour time

• You can see where jobs are, and which work centre is next

• You can see the expected time and the actual time for each operation at each work centre

• Analysis of the impact of possible cost changes –

• The definition a manufactured product includes all labour and overheads costs

• Costs prepared using standard costs, latest costs, average costs, or a combination

• Ability to run “What if” costing

• Detailed Inventory and Work in Progress costing

Eventually, when you require more flexibility in GL reporting, and budgets, you will move to the financial modules.