4 Ways Cloud ERP Supports Modern Manufacturing

Cloud Enterprise Resource Planning (ERP) solutions are designed with the modern manufacturer in mind. These powerful tools allow for the leveraging of technologies and data, the transformation of manufacturing operations, and more efficiency and productivity.

As seen in the recent post, Top Enterprise Cloud Computing Trends of 2018, cloud ERP solutions are poised to have even greater impacts on manufacturing in the near future. Understanding how cloud ERP supports and enhances your organization is the right starting point.

Here are 4 ways cloud ERP support modern manufacturing.

1. Improved Automation

Automation provides the opportunity to more efficiently handle production and back-office functionality. ERP is, above all else, a way to integrate applications and data. When one considers the power of data and system in one centralized, accessible, and actionable space, the possibilities skyrocket.

Using the tool embedded in your ERP, often without the need for customizations, allows businesses to adopt new processes that drive more efficient operations. Business process rules embedded in your ERP can automate procurement decisions, match invoices with bank statements, and reduce the number of spreadsheets and manual interventions to process routine paperwork.

2. Streamlined Production Processes

Production management is complex and multivariable. With an integrated cloud ERP solution, many aspects of your production processes will improve, including:

• Resource management, with integrated HR management functions that show what resources are available, training certifications, and skill sets.
• Single source of truth with production data that integrates plant floor activity, inventory, quality, labor, and production output. This information, in real time, allows for better decision-making and safer production processes.
• Maintenance and monitoring that uses real-time reports, dashboards, and alerts from sensor- and wireless-equipped machines that notify workers of needed maintenance or repairs.

3. Enhanced Supply Chain Management

ERP allows for powerful internal and external collaboration. Collaboration tools embedded in ERP solutions today allow for real-time dialogues among key internal players. As a result, order questions are resolved faster, inventory challenges are distributed to all necessary staff, and status tickets for customer service issues can be shared and resolved faster.

Supply chain partners can be involved in decision-making by providing data transparency and encouraging collaboration. Business intelligence programs can spot trends, preferences, and demands and allow for faster and more accurate decisions.

Cloud ERP platforms provide more accurate information about deliveries, contents, batches, and quality levels that can be used to price and distribute, reducing latency.

4. Better Regulatory Compliance

Your ERP solution needs to be responsive and proactive to the regulatory needs required by your industry and governmental oversight agencies. With ERP solutions, measurements and reporting can be automated, making compliance a less labor-intensive and accurate process. In the case of a recall, track-and-trace functions can quickly identify scope and limit the damage to people, profits, and corporate reputation.

At Denovo, we offer services that provide comprehensive cloud ERP solutions to manufacturers of all sizes. As a recognized Oracle Platinum Partner, we provide Oracle ERP Cloud solutions that are complete solutions and support migration strategy and execution. To learn more, schedule a free consultation.

See how cloud ERP solutions help modernize manufacturing through automation and efficiency gains @DenovoCloud #CloudERP