In a global digital transformation, packaging companies must maintain a coordinated system of packaging that, protects, transports, informs, and sells. The ERP in packaging industry has a vital role to play for efficient management of all products and their packaging requirements while reducing excessive waste and time. The solutions for optimising the efficiency and costs of packaging companies are efficient packaging and minimal waste.
Packaging Industry makes up one of the important links in the supply chain. Packaging plays an essential role in a variety of industries from food, chemicals and manufacturing to automobile. Flexibility and fast maneuvering capabilities are crucial for all of these industries. The plastic and packaging industry, which is a very important part of that chain, must have the ability to respond to the customers quickly as well as be able to take costs and profitability into account. With digital economy, production processes are conducted in different capacities and volumes for customers with different needs. In order to respond to new needs, it is of critical importance that all variables are managed in a real-time and integrated method.
Rapid change and fierce competition characterise the packaging sector. Manufacturers should be flexible and ready for new conditions and opportunities, due to the constantly evolving supply chains and a number of routes into the market. For critical decision making, your firm needs simplification of operations, effective production processes and accurate information at all times. It is the only way of achieving flexibility, reducing costs and winning over competition that relies on cheap labour.
According to a study conducted by Forbes, 90% of businesses have importance for technology, and 40% don't believe the best tools are available. Packaging manufacturers must ensure that they choose SAP Business One which simplifies their business processes, enhances productivity and efficiency while growing with the changing economic environment. There is also a need for more flexibility in response to increasing consumer demand for more personalized products. With more opportunities, organizations need excellent visibility into their supply chain, lead time information, inventory levels, production capacity, and delivery capabilities
The following are the keys to manage challenges:
Automation of core processes, saving time and moneyReducing operational costs with more effective inventory and production managementStreamlining and facilitating data managementAnalyzing performance in real-time so that you can optimize production processes and be more competitiveImproving customer satisfaction to ensure that good quality products reach them on time.Assure that right quantity and quality of raw material, equipment, etc., is available during production. You can efficiently perform sample development, evaluate batch costing and net profit with SAP Business One for packaging industry.
Packaging ERP Software ensures hassle-free procurement process with tolerance limit & purchase price validation, approval management, and QC process.
Take a proactive role in monitoring and moving inventory with auto mail and SMS. With SAP Business One ERP for packaging industry, you can manage the locations of your packaging industry on the go.
Keep a continuous tab on sales figures region wise, product, value, period, and quantity wise. Productively manage sales with SAP Business One ERP for packaging industry.
Gain access to all the reports from day based pending sales order, consumption, batch costing and daily production report at your fingertips. See the reports in real-time with SAP Business One ERP for packaging industry.
Here are a few processes that can benefit this software for packaging businesses:
In the production process, it is essential to ensure that there are quality raw materials in sufficient quantity . The use of planning and scheduling for machines, workers, tools and other items will allow you to optimize floor capacity and improve the process productivity. With SAP Business One ERP for packaging industry, you can also easily executing sampling activities, calculate the batch costs and the profit.
One of the key areas for your packaging business is calculating the costs for any work order. There are more fixed and variable costs that manipulate the net effect on the profitability, but knowing cost by item, work orders, and batches can equalize the work. With an automated system, you can create BOMs, profit summary, loss statement, and so on.
No process is 100% danger and no person work with their 100% focus. It means that you make split seconds decisions, stay in touch with the process all the time and have actionable & real-time data at your disposal.
Advantage with CBS - The quality you provide to your clients is a fullness of your reliability, your brand’s identity, and the scope of future business opportunities. Therefore, having a stringent quality control process is not necessary for getting your material accepted, but also for your business’ growth. With automated software, you minimize the risk associated testing and quality. On the basis of the set parameters, the systems let you perform QC on the go without any hassle.
No matter how well your packaging business is running, generating reports is important for timely audit and verification. You can view all the reports at once with SAP Business One in your packaging business. The systems are recording all the operations and providing you with a report for every parameter that you specify considering consumption reports, batch costing, daily production reports, and so on.
Inventory module facilitates tracking of stock levels across multiple sites and multiple stores. Users are enabled to issue and receive goods as well as transfer, return or even discard of goods in various unit conversions. It is possible to check the part from a warranty claim or safety concerns and isolate which production runs or batches contain the incorrect item, before returning it back to the correct supplier.
It gives enterprises the possibility of planning and delivering raw materials in time for their optimum production cycle, providing them with a degree of certainty. Allows you to maintain secure locations and reorder levels so as not to understock or overstock but in turn reduce the expenses of holding stock.
In addition to eliminating siloed data by ensuring that purchase requests are made within the defined lead times, you can gain a more accurate insight into production yields and supply bottlenecks in real time.
Sales module includes the processes of sales booking, sales order and delivery and dispatch. It allows the sale of goods and services with the help of customer-wise order management. This module is connected with the inventory module so inventory levels are updated after every successful sale. The integrated POS system assures timely sales order billing. With Pick and Pack, it is possible to plan the route and dispatch to ensure that the goods are delivered on time.
Accounting module helps users in keeping track of all their accounting transactions and allows them to make better decisions. Improved financial reporting with real-time information from all departments covering costing, profitability, credit exposure, cash flow, trends, budgeting, fixed assets and period end reporting.
Updated sales information enables production team to see which order is for which customer, while historical sales information aids the marketing team on what initiatives to design for which customer and proactively engage them. Customer account information is crucial to predict demand.
Analytics module can play a major role in transforming your data into powerful decision making tools. With AI-based predictive analytics, this module can aid in employing the right procedures to improve efficiency and productivity. The provision of complex metrics in the form of data visualizations can also enable users in better decision-making.
Quality control module enables you to create your own quality parameter templates and define various quality control stages for your production processes. In order to improve quality control, interface with the weighing bridge and scales.
You can also finalize the re-work / re-blend / re-grade process, stage-wise yield calculation, define routing/sequence for operations or stages, and undertake the stage-wise revaluation of product costing and its calculation including WIP. Combine business data with industrial IoT(Internet of Things) data to increase manufacturing efficiency, improve sustainability, and reduce costs.
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