Year: 2022

Manufacturing-ERP adoption for companies in Malaysia

Manufacturing-ERP, Manufacturing Execution Systems (MES) & Manufacturing Resource Planning (MRP) Solutions Today, manual operations are no longer the solitary way to run a business. With the rise of technology, more and more manufacturing companies are turning to enterprise resource planning (ERP) solutions to meet their operational needs. Hence, selecting a reliable and efficient ERP solution is necessary to manufacturing companies across Malaysia. In this blog post, we try to explore the various benefits of adopting a manufacturing ERP and the differences of MRP and MES solutions for Malaysian manufacturing businesses. In addition,  we will discuss about why manufacturing firms should adopt ERP solutions as a way to achieve their business goals. Common issues faced by manufacturing businesses in Malaysia are such as an overload of repetitive manual work, reporting limitations in existing systems, outdated legacy systems,  siloed systems, poor cybersecurity, among others. If you are a manufacturing business owner in Malaysia facing the issues mentioned and looking for ways to streamline your operations and increase efficiency, an Enterprise Resource Planning (ERP) system is the answer. An ERP system can help your manufacturing business in Malaysia to manage in-house operations and resources more effectively. It can provide real-time data and insights to help you make informed decisions and maximise productivity. In a nutshell, an effective ERP software can help you save time, money and resources across your entire organisation.   ERP vs MRP – What is the difference? Enterprise resource planning (ERP) is an extension of MRP systems. While MRP or Manufacturing Resource Planning is a planning and control system for resources within a company, ERP is a system for the enterprise as a whole. ERP systems provide advanced functionality for financial management, customer relations, and sales order management. It is possible to use MRP as a standalone application or as part of an ERP, so that it meets the needs of all areas of the business, not just those related to resource scheduling.   Manufacturing-ERP Manufacturing ERP software is a business solution specifically designed to streamline processes within the manufacturing industry. It provides a comprehensive view of all operations, resources and processes. Thus, allowing you to make better decisions for optimal business performance. With ERP software for manufacturing, you can integrate your financials, supply chain and other core processes into a single system. This can provide you with greater visibility on your entire operation, enabling you to better manage your resources and operations. Manufacturing Resource Planning (MRP II) is one of the core components of manufacturing ERP evolved from early Materials Requirement Planning system. It includes the integration of additional data, for instance employee and financial needs. The system helps manufacturing businesses to plan and manage the materials, money and other resources associated in manufacturing. MRP softwares can help you reduce costs, optimize scheduling and better manage inventory! Another component of a ERP software for manufacturing is Manufacturing Execution System (MES), It provides a comprehensive view of the entire production process, allowing you to monitor and control all operations. Furthermore, MES ERP can help you increase production efficiency and reduce costs. There are various ERP systems in the market, including Microsoft Dynamics 365, Epicor, Plex System, Oracle ERP Cloud, Odoo to name a few. When you are considering to get a ERP system or switching to another ERP system for your manufacturing firm, you should consider factors such as the size and complexity of your business, the type of industry you are in, the current systems and processes in place, your budget, and the specific features and integrations needed. In a nutshell, ERP adoption for manufacturing companies in Malaysia can bring many benefits. With the implementation of an ERP system, businesses can gain greater control over their operations, improved efficiency, cost savings, improved customer service and more accurate and timely data. Professional advice should be sought in order to get the most out of an ERP system.   Talk to Our Consultant Now

ERP

Is Cloud-Based ERP Solution Suitable For My Business?

Is cloud-based ERP solution suitable for my business? Business owners always struggle to match the budget of technology with their growing needs. Cloud ERP is the perfect solution to boost productivity and efficiency because it’s reliable, affordable, and easy to use. We’re introducing cloud ERP and highlighting the benefits of implementing one for your small business, so you can see whether it can improve your operations and help your business to grow.   What is Cloud ERP? Cloud ERP is a software-as-a-service (SaaS) application. It offers a complete business management solution that is hosted in the cloud and can be accessed from any computer or mobile device with an Internet connection. The famous and most applied Cloud ERP in the market included Microsoft Dynamics 365, NetSuite, Odoo, SAP Oracle and more.   Microsoft Dynamics 365 Microsoft Dynamics 365 is one of the most widely used ERP systems on the market today. It is a feature-rich platform that combines CRM with ERP capabilities to deliver an all-in-one solution for your business. The platform is cloud-based which means it can be accessed from anywhere and on any device as long as you have an internet connection. It also offers a user-friendly and flexible user interface that makes it easy to learn and use. M Odoo The Odoo Enterprise Resource Planning (ERP) system is designed for all sizes of companies from all industries and fields, such as manufacturing, distribution, services, retail and more. Top successful companies are using Odoo, including Toyota, Hyundai, The World Wide Fund for Nature, Qatar Investment Authority(can change to Malaysia firm) and more. With over 8 million users growing their businesses with Odoo, you can fully trust Odoo ERP can help you to achieve your business goal.    Cloud ERP VS. On-Premises ERP  Cloud ERP provides all of the standard functionality found in traditional on-premises ERP solutions but costs significantly less and requires less maintenance than a traditional on-premise ERP system. Cloud-based solutions also come with fewer upfront costs and are easier to implement and maintain than traditional on-premises systems. In addition, you can access your system from anywhere as long as you have an Internet connection rather than having to use a physical server or computer. It is cost-effective as most of the required hardware and software are provided by the service provider. This is a major advantage for small businesses that want to implement an ERP system but lack the resources to purchase and maintain the software and hardware required for on-premise systems. It offers all of the standard functionality found in traditional on-premises ERP solutions but costs significantly less and requires less maintenance than a traditional on-premise ERP system. Here are 9 Advantages of implementing an ERP solution for your small business:- 1.Reduce operating costs : An ERP solution offers cost savings by eliminating the need to maintain expensive servers and reducing management costs. By using a cloud-based platform you can easily scale your business as your revenue grows without having to invest in new infrastructure or equipment. 2. Improved efficiency : With all of the data you need in one place, your staff will be able to spend less time searching and more time analysing your data to make better decisions for your business. 3. Increase productivity : With a centralised database, employees can easily access the information they need without relying on external vendors or manual data entry which can lead to costly mistakes. 4. Gain valuable insights : By integrating all of your business’ data into a centralised system you will be able to gain valuable insights that can help improve your business and drive growth. 5. Offers unlimited scalability : An ERP solution can easily accommodate the growth of your business without any additional investment or effort on your part. If you need to add new users or change user roles it can be done quickly and at little to no cost to your business. 6. Improves collaboration : With an ERP solution, your employees can have access to up-to-date data and real-time reports wherever they are located. This can enhance team collaboration and drive productivity across your organisation. 7. Offers enhanced security : Because data is securely stored in the cloud, it can be accessed from anywhere at any time without the need for on-site servers which reduces the risk of data theft and security breaches.  8. Flexibility : Cloud-based solutions offer your employees the mobility to work remotely while providing them with access to the tools they need to do their job effectively. So they can work from either on-the-go, on site or anywhere. 9. Improve customer experience – A cloud-based solution can allow you to provide customers with self-service options which can improve response time and help to reduce customer wait times. In addition, by centralising customer data you will have a better understanding of your customers which can help you to target the products and services that best meet their needs and provide a better overall experience. Conclusion : Having an integrated ERP solution will enable you to streamline operations by eliminating duplicate processes, improving efficiency, and increasing productivity. This will allow you to focus on growing your business rather than spending time on administrative tasks that can take away from your core business focus. If you are considering which ERP to implement, we are a professional ERP consulting team that can customise solutions to your business needs.  Talk To Our Consultant Now!