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ERP Solutions 101: ERP Basics for Manufacturers

ERP stands for Enterprise Resource Planning. It’s a term that is used as a catch-all for a variety of different business tasks in manufacturing settings, including:

  • Quoting/estimatingERP Systems for Manufacturing
  • Work orders
  • Purchasing
  • MRP (Manufacturing Requirements Planning)
  • Stock Control
  • Scheduling
  • Reporting
  • Shop floor data capture
  • Accounting

Most ERP software has the ability to do all of the above, but not every company chooses to use their ERP to handle all of the listed tasks. For example, EVS Metal has used MIE Solutions’ MIE Trak Pro software for more than two decades, and it has provided our precision sheet metal fabrication and manufacturing business with an excellent “all-in-one” ERP solution. MIE Trak Pro has grown with us over the last two decades and through our expansion to four locations across the U.S.

What are the features of a good ERP?

A typical “out of the box” ERP solution should include at least a core set of standard financial management and accounting tools, operational management functionality, sales-related features and HR/payroll modules. Some systems cover a broader range of needs as well, including business intelligence, document management or EDI integration.

Why are ERP systems valuable?

When used intelligently, ERP software can streamline the entire manufacturing business process from RFQ through product delivery.  It also can offer a window into any area of the company via the transmission of data, from inventory levels to timesheets. This means less manual inputting and tracking, leaving more time for business development and customer engagement.

Come back next week when we continue discussing the value of ERPs in manufacturing environments.

 

EVS Metal is an American precision metal fabricator headquartered in Riverdale, NJ. We utilize the latest technology to cut, bend and finish stand-alone items as well as parts for integration or assembly into more complex products. Our four ISO 9001:2015-certified locations comprise over 250,000 square feet of vertically-integrated manufacturing space and feature the most modern equipment available, from welding robots and laser cutting solutions to automated powder coating lines. We serve a diverse customer base across North America, providing a range of services from ITAR-compliant, quick-turn prototypes to high-volume production runs. Request a personalized metal fabrication quote online, or call (973) 839-4432 to speak with a specialist today.

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