Manufacturing ERP software in Pakistan is a backbone for any manufacturing concern. Such ERPs consist of many modules including sales, distribution, production plan, MRP, inventory, supply chain, financial accounts, fixed assets, costing, maintenance management etc. All these modules have their importance in their respective functional domains. These modules receive and send information to each other to avert data redundancy, which is one of the prime objectives of ERP.
Financial.Partners – A tested ERP Solution
Financials.Partners an ERP for manufacturing concerns is a robust and tested ERP solution and in successful operation in industries. Another version of Financials.Partners is for trading concerns. However, ERP for manufacturing concerns have larger functions at one platform, breaking the departmental approach of executing business processes and maintaining information. Financials.Partners has been developed considering these aspects, making this an ERP for manufacturing as well as for trading concerns.
Taking the example of the supply chain, where the need of the required material is determined on the basis of a production plan and applying a complex algorithm Material Requirement Plan i.e. MRP is generated. This MRP renders the basis for material procurement requests and multiple such requests are automatically generated.
There are many considerations while MRP is generated like available inventory, the need of material on the basis of batches to be produced relating to the Bills of Material (BOM) for the product. This is considered that materials inventory is maintained at an optimum level to reduce funds involvement, on the other hand, there shouldn’t be any material shortage so that manufacturing could be compromised.
Availability of finished goods stock and floor stock (work in process) and products in quarantine are also to be considered. The ultimate objective is to maintain precise inventory availability all the time without any excess quantity. Batches when produced on the floor, gradually add in the finished good stock, ready for selling and distribution activity.
Financials.Partners, the Manufacturing ERP Software in Pakistan is a carefully thought software, which can be implemented in any manufacturing concern.