ERP Software – MIE Trak Pro

Improve Your Business with An Efficient ERP Software Solution

The Enterprise Resource Planning solution seems to mean different things to different people. However, one version of an ERP solution can be very different from another. ERP Software is designed to improve business processes for various types of organizations and firms. These software solutions allow to access information from a single database shared by users in different departments. For instance, the sales department will get the same information used by the shipping department, customer service, and the accounting department. Well managed centralized modules would enable employees to manage their tasks without switching from one application or screen to another, even when they are working with tasks grouped with other departments. All of the information they need is stored in the same part of the system. Reports generation takes less time because information is integrated into the same database.

ERP’s HR module allows to process tasks related to managing your employees, including payroll, timesheets, benefits, on-boarding, and off-boarding. It would automate payments, including allowances, deductions, other benefits and taxes, and the net pay is automatically deposited into bank account. The CRM module in an efficient ERP Software for Manufacturing can store data related to customers and prospects, giving employees insights that can improve sales and marketing processes. Business Intelligence module in an ERP solution can help business leaders make well-informed decisions based on meaningful and timely needed data from any department. It can practically analyze any business process and provide reports without any excess information. Point to be noted that reports can be in a visual format or presented in tables, depending on the manager’s preferences. The ERP solution’s inventory management system module processes order fulfillment and tracks warehouse inventory.

This module is useful to manufacturers or companies with their own distribution centers where tracking inventory can become extremely complex. A financial management module is a key part of an ERP for every type of businesses or companies. This tool works in collaboration with the other ERP components to track money flow from the purchase of new supplies to paying employees and issuing invoices to customers. If you are looking for a best ERP Software solution for your business or company, the MIE Solutions would be the best option. We are offering the Best Manufacturing Software ERP solution for various types of companies and industries. The software solution is actually a suite of different applications, but the centralized database and access from anywhere is one of its unique features. The financial management tool in an ERP can also help you budget, produce financial forecasts, and finding cost effective factors.

The supply chain management tool in an ERP software solution traditionally works with an inventory management system to improve the efficiency of a company’s supply chain by using real-time data to optimize manufacturing and distribution processes. It would enable you to intervene when a problem occurs, instead of waiting to find out the next day or later. We also offer a highly effective and adaptable Machine Monitoring Software system. However, it is designed for automating manufacturing production data collection. This can also be used for capturing any other required parameters or for specialized applications. This system can connect to any type, make or age of machine or asset. Its flexible options would allow connection from an existing point on the machine such as a switch, via standard communications and software protocols such as OPC or integration with third party system.

Manage your Business activities using a Centralized ERP Software

The ERP or Enterprise Resource Planning is a software solution related to business process management. It can optimize processes of an organization or company by providing an efficient system of integrated and centralized applications. These applications can help manage and automate a plethora of business operations including accounting, human resources, sales, inventory management, and others. The modern ERPs can be considered among the most comprehensive, powerful type of data management solutions available on the market. Best ERP Software systems have the ability to connect multiple business processes together and promote the flow of data between them. It would reduce data duplication and improves the overall data quality of an organizations ‘ system. There are various organizations, firms, and companies enjoying with enhanced efficiency, profitability, and reliability using a centralized database ERP solution.

The enterprise resource planning is essential and ideal software solution for data analysis, automation, and full-scale infrastructure integration for various types of businesses. An efficient ERP solution can facilitate internal work and improves customer relations. The MIE Solutions is one of the most reputable ERP software providing platforms among many different ERP system providers in the market. The selection of right ERP Software for Manufacturing has its own importance because each ERP solution often developed for different type of manufacturing industries and specifications. Your selected software solution should be modern and well adaptable to the latest available technologies to remain sustainable. A modern ERP solution provides functionalities geared toward increasing the profitability of companies by optimizing all their processes. However, there are a few core capabilities or modules every ERP should offer.

An efficient integrated ERP software solution has the ability to unlock your team’s full potential. We also provide a complete ERP solution allows your employees the accurate information and functions they need. Your different departments can get benefit after implementing our valuable ERP solutions. It would enable you keeping entire processes and data under a centralized database system. The latest Manufacturing Software Systems are mainly focused on streamlining different operations to enhance efficiency, drive profits, increase sales and profitability, and deliver high-quality products to customers in a timely fashion. The perfect and accurate selection of a manufacturing software solution would provide more benefits to your business or company. Our remarkable ERP solution streamlines various business processes and drives automation for manufacturing firms and companies. Your entire data will be available in a centralized location with complete visibility in all areas of your business after streamlining processes.

Our best ERP system solution would enable you to monitor your production status in real-time, without having to depend on anyone else. You can easily fulfill your orders and commitments to customers after implementing our best software solution into your system with improvement in production. Manufacturing Management Software allows your business to automate processes and reduce your dependency on manual operations. Our software solution for a manufacturing company is designed to manage the purchasing, pricing, payment of raw materials, staff scheduling, machine operations, maintenance, and many other processes to boost your production. It would connect the moving parts of your supply chain and let you gain visibility into each area of operation. Moreover, our ERP software solution would enhance your company’s supply chain visibility and performance in order to better monitor entire processes being done in your various manufacturing and operation departments.

Best ERP Software Is Essential for Businesses and Companies

Now the progressive companies are looking for the efficient enterprise resource planning software. ERP Software is the best way to collect and standardize raw data into comprehensive form. It can manage your business information and help the company to run smoothly. That application can develop business process and presents understanding and underlying control in different departments of your company including manufacturing, accounting, human resources, supply chain, sales and marketing. Once information is grouped in the central data base you can get cross-departmental outlook. It can enable us to examine different scenarios, observe process improvements and initiate major efficiency gains. ERP software solution is specially designed to full fill the needs of an individual business and helps in making it a necessary tool for several types of industries and companies. At this point an efficient software solution can be arranged to full fill the needs of every business.

There are many prominent features in Business ERP systems which are specially designed for manufacturing companies. The MIE Solutions is the best system for innumerable types of organizations and companies. The utilities of our ERP Software for Manufacturing are more logical and well organized. It is helping several companies in their materials resourcing, production planning, production control, quality assessment, process synchronization and product forecasting. It has the capacity to make manufacturing process more efficient through smart planning, scheduling, fulfillment, speed up manufacturing process and exactness. Many prominent features of our software solutions are working to analyze the IT environment which ensures a more transparent and successful business process. Built-in quality sureness features are available in modern ERP systems.

In the past decade, the automotive industry has qualified an attractive growth with the help of many developing trends. These emerging trends declared for a change in automobile industrial practices, including boosted safety requirements (related to CO2 emissions), the arrival of new technologies, raised need for lucidity and good control from automotive industries. Our Manufacturing Software Systems provides cohesive view of all activities from production planning to purchasing and billing. It can update your business to make it able for absolute forecast sales quotas and operating budgets. To gain cost efficiencies and boosted profits, our Best ERP Software also gives you improved production flow. The supply chain conduct of our ERP software approves manufactures to smarter manage their product flows from their various departments.

An ERP is also an advantage when it comes to coordination and planning. Our Manufacturing Management Software guides to predict any upcoming problem in work time availability or in record and making indispensible changes for gentle operation. An efficient supply chain advances manufacturing developments to improve original products, reduce costs and stay ahead of the competition. You can organize and classify the record, product-moment and manage detailed warehouse data skillfully with the use of material management functionality in our ERP software. Our Best Manufacturing Software assists companies to develop record, cut down inventory levels and reduce the cost of delivery. Our software solution also provides combined services with supply chain management and record segments.

Reasons to Avoid Excel Based Multi-Level BoMs

Setting up and using a bill of material (or product structure) in excel or google sheets is quite easy if it is single-level. In contrast, creating a multi-level BoM in excel could be frustrating and error-prone, especially if you are not familiar with the rules. Even if rules are known, managing BoMs in excel spreadsheets could be overwhelming. Don’t let it happen.

There are manufacturing software systems like MIE Trak Pro that are designed to help you manage your product bill of materials with easy addition of potential product variants or any changes to the product assemblies.

Manage your BoMs beyond formula-laden sheets:
We all know that the majority of the businesses start out managing their data in spreadsheets. So, when you are having flexible and easily accessible tools like Microsoft Excel and Google Sheets then why do you need a data management system? Well, your first release of product structure using spreadsheets might be successful, but later you may encounter product growth and scaling issues. Moreover, it will turn into a bigger issue when you need to release additional products or add in product variants. You cannot experience fast and smooth growth because these apparently simple issues can impact your business operations and profitability in big ways.

You may keep using excel for a little longer with a minimum number of products or when you need to manage single-level BoMs only. However, considering your company’s need to grow, drive product development, improve current processes, and share product designs based on BoMs and other related details with your strategic partners or clients you must switch to another, more effective solution. Yes, you need a modern, scalable ERP system that will help you manage all aspects of your business, including BoMs.

Let’s take a look why you need an easy-to-use and powerful tool and why excel isn’t the best option for BOMs management.

Difficult to add product variants:
If you have a product with multiple variants, then it will be quite difficult for you to manage it in excel. It is complicated to keep up with the additional variants and deal with the exponentially growing resolved BoMs.

Data is more prone to error:
Manual errors are quite common in excel spreadsheets from copying/pasting to more complex script issues. It makes BoMs inefficient in excel due to data inaccuracy. Moreover, you need to constantly update the data and, again, manually that will take up a lot of your time and resources compared to ERP software.

Inaccurate costs and quantities:
Cost calculations against material quantities seem too simple to handle in excel, but only for single-level BoMs. It becomes complicated in case of a multi-level bill of materials because it requires you to deal with extensive set up and complex formulas. Again, besides taking your valuable time away, it may result in inaccurate calculations.

Complicated level of hierarchy:
Multi-level BoMs involve a complex level of hierarchy that’s a complicated thing to manage using excel. It’s not impossible to create a multi-level bill of materials in excel, but a complicated process because you may need to keep adding/removing any parts from the existing BoM. Also, if you are manufacturing several products that often use similar parts, but at different levels of BoM hierarchy, it may trouble you in the production process for even a single wrong input.

Final Thought:
For all these reasons, excel spreadsheets is not the best option to manage and track your manufacturing BoMs. It’s not a reliable solution and once inaccurate data entry or calculation could bring you a huge loss. Therefore, it’s always recommended by industry experts to invest in a modern bill of materials management tool to avoid all these problems. Get more control over your BoMs with MIE Trak Pro. Let’s schedule a demo.