There are both tangible and intangible benefits of InteGREATZ - ERP.
For any company to survive and grow, the following key parameters have to be under control
- Inventory
- Product cost
- Productivity
- Rejection control
- Customer satisfaction
InteGREATZ provides extensive analysis and reports of inventory. By effectively using MRP II planning optimum quantities can be procured.
Effective planning and procurement of right quantity can reduce up to 10 % of the inventory expense per annum depending upon the nature of industry. The Work in Progress stock is an important element of Inventory which is overlooked because of non availability of data. WIP control will give a 2 to 3% reduction.
With InteGREATZ ERP, product costing can be done with ease. WIP value can eb arrived at. Also with cost of goods sold logic, marginal profit in each invoice can be verified.
Overall Equipment Efficiency report will help to know the productivity percentage and reasons for loss of productivity. This is critical as productivity loss is a huge contributor to product cost.
Measurement of cost of poor quality is a must to control rejection at every stage of manufacturing.
Proper rejection control, reporting on customer outstanding and also handling all defect analysis with CAR and CAPA enhances the customer satisfaction to higher levels.
Customers will be delighted and also retained if companies adhere to higher levels of on-time deliveries.
Intangibly, functional employees will concentrate doing more productive jobs as they all will have online data about customer delivery outstanding, supply pending, stock on hand, stock with vendor etc to name a few. These will give better working atmosphere and pave the way for reaching greater business targets.