Engineering is one of the most data-heavy industries with complex processes and codings, the management of which is undoubtedly complex. This is where Enterprise Resource Planning (ERP) comes into play for engineering industries. These industries often require customized solutions that cater to their complex operational requirements, and it would be quite challenging to operate without ERP systems.
Engineering industries face various challenges in day-to-day operations, such as managing the complexity of client requirements, inventory management, accounts, billing, reporting, miscellaneous or unexpected expenses, etc.
With increasing technology and software advancements, industries are directed towards using ERP automation. If we talk about engineering industries, creating a Bill of Materials(BOM) is one of the most crucial and data-driven tasks, which requires the department to develop a list of necessary parts from a CAD drawing and then create a BOM.
ERP systems that work with CAD can ease this BOM painstaking process and streamline the flow, saving time and effort for the engineers. Other benefits of ERP software include easy maintenance of customer requirements, increased efficiency by on-time delivery of products/services, and management of heavy data.
We provide customized ERP solutions and ERP systems to engineering industries which act as a powerful management tool to control their complex business activities.
MindQuad Solutions hold the credibility of facilitating Engineering industries with ERP solutions to regulate their smooth operations. These ERP systems bring all the data and processes under one platform, easing the engineer’s liability of scrolling through their systems to find relevant resources.
ERP Features for Engineering Industries
- Customers, Salespeople, Customer Pricing, Customer Discounts, Sales Prices & Discounts.
- Sales Quote, Sales Orders, Sales Shipments, Sales Invoices, Sales Return Orders, Sales Credit Memo, Workflows.
- Item Masters, Vendors, Requisition Worksheet, Planning worksheet, Order Planning Worksheet, Purchase prices.
- Purchase Quotation, Blanket Purchase Orders, Purchase Orders, Purchase Receipts, Purchase Invoices, Purchase Return Orders, Purchase Credit Memo, Workflows.
- Production BOM, Routing, Work Centres, Machine Centres, Calendars, Shifts.
- Item Make to Stock, Make to Order Manufacturing Policy, Planned Production Order, Firm Planned Production Order, Release Production Order, Finished Production Order Statistics.
- Subcontracting Order, Delivery challan, Subcontracting order receipt, Rejection at Vendor side, Customer side.
- MPS and MRP planning, Reordering policies, Fixed Reorder point, Maximum inventory, Lot-for-Lot, Order.
- Items, Variants, Multiple Units of measures, Item Substitutions, Stock keeping units, Bin Management.
- Purchase Receipt, Warehouse receipt, Sales Shipment, Warehouse shipment, Transfer Order, Physical Inventory Journal for stocktaking.
- Inward QC (Before GRN, After GRN) in both LOT and Serialized tracking, In-process QC at a different level of production orders, rework and rejection management, Before Dispatch QC for sales, Internal QC for non-moving items.
- Purchase Requisitions, Request For Quote, Quote Comparison, Item Transfer Requisition, Item Requisition, item Returnable Requisition, Advance Expense Requisition, Expense Reimbursement requisition.
- Purchase Force Closure, Purchase Tolerance.
- SalesForce Closure, Sales Tolerance.
- Manufacturing and planning enhancement, Item tracing with cost & prices, bulk consumption console.
- Enhanced approval workflow with dimensions, approve documents from email.
- Document attachment Module, Master Mandatory fields configuration, Auto Update Batch to allow posting to & from user setup.
- Easy access to ERP data – CAD users get direct access to the ERP data from the CAD system. CAD users have access to related information on the item. Allowing everybody to work in the same system.
- Optimize engineering productivity – By minimizing the time spent on clerical tasks, such as manually transfer product data to other teams, the engineering team can spend time where it is most valuable: executing projects and perfecting designs.