Buyer’s Guide to Manufacturing ERP Software
With manufacturing software like an ERP, you can better plan production to anticipate customer demand and supplier cycles. Manufacturing ERP software improves production cycle planning with functionality like capacity planning, Bill of Materials (BOM) management and shop floor controls.
Business leaders can also utilize performance tracking and financial reporting features to create production plans that accurately consider lead times, material requirements and supply delivery.
Overstocking materials and supplies due to market fluctuations can be extremely costly. Manufacturing ERP software includes features and best practices that help optimize inventory levels and closely track all inventory movements – including at the lot, sub-lot and serial level – throughout your supply chain.