One of the most important things to evaluate when you are purchasing a chemical ERP software are the tools and functionalities that are built into the software tools. These are the features that will add improvement and efficiency to your manufacturing process and give you a competitive edge. Some of these functional areas to be evaluated include the following:
Sales Analysis Features: A good manufacturing software should have sales tools built into it. It needs to generate standard reports to be used in sales analysis based on various categorizations including sales volumes, transaction sizes and frequency amongst others.
Production forecasting: Forecasting tools generally give business a great boost in their productivity and efficiency. A good software tool should be able to calculate what you need to produce in order to meet your demand. It should give you an indication of the production requirements.
Bill of materials: A good chemical ERP software should have the capability to create a bill of materials or BOM. This is generally a standard requirement in all manufacturing software. Check if it is built with edit tools that will allow you to drag and drop, copy, cut and paste and also make amendments to the bill of materials. Some manufacturers generally need to create phantom parts in order to break off subparts.
Routing: Routing refers to the manufacturer’s production plan as the product moves through every work centre. In order to ensure that the work centre is utilized in the most efficient way, good ERP software should enable routing to be set up manually or automatically.
Capacity Planning: Every manufacturer needs to accurately determine the capacity of the manufacturing operation. A good ERP solution for the food and beverage process manufacturing industry should give you the capacity plan that will be based on both current as well as future orders. This can then be used in the creation of the master production schedule that can be used in the scheduling of all orders.
Vendor Matrix: The vendor matrix will track information about a particular vendor such as the cost, orders, damaged goods, performance and on-time delivery amongst others. The ERP for food and beverages should maintain all this information and also assist purchasing agents in setting up purchasing requirements.
Work Status: It is important to keep track of the processes in progress. This is one of the most important elements of shop-floor control.
Job Cost: Job cost is used the collection and identification of both costs and materials in a manufacturing process. Because projects generally span several months or even years, this functionality allows the tracking all the costs associated with a process.
Barcode Inventory Tracking: This is also another important standard functionality for any manufacturing software. It will reduce the mistakes that typically occur during the tracking of the inventory. It also offers real-time information on inventory.
GHS Compliance: A chemical ERP software can easily assist you with GHS Compliance requirements. The ERP software tool should enable a seamless integration of GHS compliance into the existing process manufacturing systems.