Integra ERP Production is proven software for manufacturers of different verticals in small and medium segment. It is an advanced purpose-built solution by which companies can manage their complete operations, from raw material procurement to finished goods dispatching. Integra ERP provides material planning and cost control mechanism, easy production lining for semi finished and final product. Raw material stock and costing will automatically affect as per the standard consumption ratio when entering a production voucher. Each production line costing is most important factor for the manufacturing companies due to process involves various functionalities that incurring additional cost in each stage. After each stage of production line, deriving a semi finished product or a working progress with added cost of consumables and factory overheads, hence will reach the final product and its cost of production without any manual costing calculation. More over each production stage raw material related to the product automatically updating stock and any time stock position in raw material storage will be correct.
In a process oriented manufacturing industry, real time costing is an important elements as it directly affecting the profitability of the organisation. Cost accountant has to gather enormous information on cost of raw materials involved in the different levels of production line and has to calculate operational overheads in each stage to reach in to the product costing. This is not possible without proper automation through the reliable ERP solution and IT infrastructure. Integra ERP provides the flexibility in automated production costing addition throughout the production line and helps the management formulating pricing policy. Day to day or batch wise costing is an important element to deriving proper pricing policy and helps to maintain the margin ratio.
Raw material procurement is also a Himalayan task for a manufacturing industry. Market search, product and price comparison, rejection ratio analysis, quality checking mechanism, stock level management, lean time calculation etc are the most important factors in material management department. Automatic vendor grading and finding preferred vendor for raw material considering various factors like deliverability, proper timing, low rejection ratio, credit and flexible payment conditions will be helping hand to management.
Style and nature of production process will vary product to product according to the nature of production process and management policies of the production unit. Market conditions and marketing policies will also to take care for selecting production process. Generally there have 4 types of production methods namely line production, batch production, job production and piece work production methods. In a purely process oriented industry and where performing continuous production normally selecting line or batch production method. Integra ERP has considered various production methods that can be flexibly configured according to the need of management. At the time of implementation considering the product lining, production and management process we can derive which method has to be implemented.