Equipment Manufacturing ERP

Equipment manufacturing is the process of creating machinery, tools, and other types of equipment. It’s an essential part of many industries, from agriculture to construction and beyond. However, equipment manufacturing can be complex and challenging, with many moving parts and variables to consider. That’s where an Equipment Manufacturing ERP system comes in.

ERP (Enterprise Resource Planning) is a type of software that helps businesses manage their day-to-day operations, including finance, supply chain, and manufacturing. In the equipment manufacturing industry, implementing an ERP system can help solve some common problems and bring a host of benefits.

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    Common Problems in Equipment Manufacturing

    Equipment manufacturing can be a highly competitive and fast-paced industry. If you are in this space, you are likely to already know of the following common problems faced by:

    • Lack of visibility into production processes and inventory levels
    • Issues calculating costs to provide the most accurate quote
    • Difficulty managing complex supply chains & supplier relationships
    • Poor communication between departments and employees
    • Inefficient scheduling and production planning
    • Inaccurate or outdated data and reporting
    • Difficulties in precise forecasting due to a lack of correct data
    • Problems with quality control and traceability
    • Difficulties maintaining increasing environmental control

    Key Benefits of an Equipment Manufacturing ERP

    Let’s get into the good stuff. We know about the problems, but what are the solutions? Is an ERP necessary or do I just need to organize my data?

    By implementing an ERP system designed for equipment manufacturing, you are giving yourself a competitive edge. Especially since our Equipment Manufacturing ERP is tailored to benefit this industry and everyone within it. Our plethora of apps within our ERP system can help solve problems you may be facing and can help bring a range of benefits to your business. Some of the key benefits include:

    • A centralized network for tracking raw supplies, arriving and outgoing shipments, and scheduling.
    • Increased visibility into production processes, inventory levels, and supply chain activities
    • Improved communication and collaboration between departments and employees
    • Streamlined scheduling and production planning, leading to increased efficiency and productivity
    • Access to accurate and up-to-date data and reporting for better decision-making
    • Reduced risk of errors and delays in production and supply chain management
    • a multi-location business structure, allowing you to better manage your global operations
    • Helps in extracting more value from customer connections.
    • Aggregation of data from several sources to reveal customer and equipment insights
    • Improvement of inter-departmental communication and collaboration

    Our Modules for Equipment Manufacturing ERP system

    By leveraging Odoo ERP (which is known for its intuitive dashboard, cost-efficient capabilities, and effective applications), our team has built tailored equipment manufacturing solutions. The best aspect of our ERP is that it is open-sourced; so if your concern is that our ERP may not meet your needs–our team can (and will) incorporate everything your business needs to run smoothly. We believe an ERP should fit the company, not the other way around. Some of our core applications include the following:

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    Inventory

    This app helps companies manage their inventory levels and stock movements across multiple locations. For companies in the equipment manufacturing industry, this can be particularly useful in tracking raw materials and finished goods as they move through the supply chain.
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    Manufacturing

    This app allows companies to plan and schedule production orders, track work orders, and manage bills of materials. This is essential for companies that need to track the production of complex machinery and other types of equipment.
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    Project Management

    The Project management app allows companies to manage projects from start to finish, including tasks, deadlines, and resources. This can be particularly useful in managing large-scale projects related to the development of new machinery or equipment.
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    Quality

    The Quality app allows companies to ensure product quality with inspection plans and quality control checks. This app is critical for equipment manufacturing companies that need to ensure that their machinery and other products meet rigorous quality standards.
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    Purchase

    The Purchase app helps companies streamline procurement processes, manage supplier relationships, and track purchases and receipts. This can be particularly useful in managing the sourcing of raw materials and other supplies.
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    Accounting

    The Accounting app provides companies with tools to manage financial transactions and generate financial reports. This can be useful in tracking the cost of materials, labor, and other expenses related to production.
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    Sales

    The Sales app helps companies manage customer orders, track sales activities, and generate quotes and invoices. This can be particularly useful in managing customer orders for custom-made machinery and other products.
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    CRM

    CRM allows companies to manage their complete sales process. It helps to manage pipeline, sales force, quotations, conversion rate, and forecast future demand.
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    Supply Chain Management

    Our Supply chain management is the management of the flow of goods, raw materials, data & finance related to products or services. It controls end-to-end processes related to supply chain.

    And More: If you’re looking for a specific application, we are likely to have it–otherwise are able to build it. Just connect with our experts in this space, and let us know what you are looking for. Some other applications include:

      • Product Lifecycle Management (PLM)
      • Production Planning & Scheduling
      • Employees
      • Recruitment
      • Payroll
      • Helpdesk
      • Marketing
      • Timesheets
      • And more

    Should You Implement an Equipment Manufacturing ERP?

    Now that you know what it is, and what we offer, you are probably weighing the pros and cons of implementing an ERP system (or replacing the current system you have). Before you make any decisions, ask yourself the following questions to see whether the choice you are making is in line with your company goals.

    • Am I or have I faced any of the common problems listed above?
    • Does the ERP system I will choose help in streamlining manufacturing processes and the overall efficiency of the production line?
    • Is it going to help in cutting the labor costs associated with data administration and analytics?
    • Does it help in better management of acquisitions, procurements, and inventory?
    • Does it provide real-time visibility across all the departments allowing for better collaboration and faster reaction times?
    • Are there any additional concrete benefits in terms of cost reductions and profit gains after adopting the ERP system?

    If any or all of the answers are yes, then an equipment manufacturing ERP is worth considering. If you are unsure, simply connect with one of our expert team members. They will be able to offer you a free consultation, where your problems will be heard and tailored solutions will be discussed.

    Bista Solutions: Your Equipment Manufacturing ERP Consultants

    Implementing an ERP system designed for equipment manufacturing can bring a host of benefits to your business. By streamlining processes, increasing visibility, and improving communication, an ERP can help you stay competitive and efficient in a fast-paced industry.

    At Bista Solutions, our team has over 4 decades of experience implementing ERP solutions for companies across all industries, around the world. Additionally, we are Odoo’s oldest and most accredited Gold Partners, with 5 wins for the Odoo Best Partner across North America award. This means, we know the system and since it is open-source, you can be sure that if we do not have what you need, we can still get the job done. Beyond our knowledge, expertise, and services, you’ll be getting a team that is dedicated to helping you grow your business. Just take a look at our customer testimonials here and see what our clients have to say about us.

    Connect with our team to accelerate your equipment manufacturing business today.