Webinar on Manufacturing ERP

“Consumerizing ERP for Manufacturing”An integrated enterprise solution beyond the licensing tangle

By:Knowledge Matrix, Inc.www.knowledgematrixinc.com

Presenters

Sree KaruthodyDirector – Business DevelopmentKnowledge Matrix, Inc.

Anand DesaiExecutive Director & Chief Technology OfficerKnowledge Matrix, Inc.

© 2013 Knowledge Matrix Inc.

Agenda

• Identifying Pain Areas in Manufacturing Industry

• Aligning ERP with your business objectives

• Benefits of embracing an Integrated ERP for your organization

• Tips to make your ERP implementation more successful

• Selecting the right Solution

• How can Knowledge Matrix help?


• Incorporated in 2004.

• Headquartered in California with offshore Development Centers in

Hyderabad, India.

• Knowledge Matrix is one of 30+ subsidiaries of the $600Million

conglomerate, Kapil Group.

• Delivered custom built solutions to 100+ clients across the globe, including

close to 40 customers in North America.

• Served industry verticals such as Energy & Utility, Technology, Logistic and

Transportation, Manufacturing & Distribution, Construction, Media &

Entertainment, Healthcare, and Pharmaceuticals.

About Knowledge Matrix


How Manufacturing Industry Differs from Other Industries?

• Needs to address production facility concerns more than any other industry

• Tightly integrated flow of information

• Proper planning of raw materials is mandatory

• Monitoring process efficiencies and raw material consumptions

• Keeping track of market demands and gearing up the production accordingly

• Integration of all the partners and vendors information

• Negligible process transparency due to number of operational activities


• No Access to complete and Integrated Information

• Lack of standardized enterprise-wide procedures for procurement, cash

collection, and financial reconciliation

• Inability to automatically and immediately notify decision makers when certain

conditions occur

• Multiple software applications resulting into licensing tangle

• Lack of information for measurement of accuracy of demand planning and

forecasting in the legacy applications

• Requirement gathering from customers’ to set proper expectations

• Complex Inventory management, Reporting and decision-making

Pain Areas in Manufacturing Industry


Current Industry Scenario

Users Site manager

CEOProduction Manager

Other Users

SystemsInventory

Management

Sales Purchase HRMSFinance Production

Site

Manufacturing Company


Ideal Solution

Users Site manager

CEOProduction Manager

Other Users

Systems

Site

Manufacturing ERP


Manufacturing Company

Aligning ERP With Your Business GoalsGeneral

- Centralized data- Streamline business process- Reduce risk across enterprise- Improve Productivity

Management- Achieve growth objectives- Meet revenue & profit targets- Increase market share- Responsiveness to change

Finance- Manage cash flow- Gain financials insight- Improve data integrity- Manage assets

Sales- Meet sales goal- Reduce sales cost- Better sales forecast- Meet customer demands

Supply Chain- Simplify supply chain process- Streamline & control inventory- Improve responsiveness- Better partner collaboration

Production- Better product quality- Deliver products within budget & time- Manage demand pro actively- Manage planning

IT- User friendliness- Scalability- Dynamic reporting tool- Easy maintenance

Aligning ERP with

Your Business

Goals


What does Panorama Consulting Say?


Benefits of Embracing ERP for Your Organization

• Reduce cost and maximize profits

• Better decision taking capability

• Streamline and accelerate processes to improve

efficiency and productivity

• Standardize business processes

• Provide visibility to business processes across

functions and departments

• Optimize the use of current capacity

• Link global operations to improve interoperability and

collaboration


Selecting the Right ERP Solution

1. User friendly interface for the ERP

2. Tightly Integrated Modules

3. Single click report generation

4. Easily Customizable

5. Minimum costs for support and maintenance

6. Easy Decision making based on critical parameters

7. Alerts that enable the users to monitor specified parameters in the application


10 Tips to Make Your ERP Implementation More Successful

1. Focus on business processes and requirements first

2. Take measures to achieve a healthy ERP ROI

3. Strong project management and resource commitment is key

4. Commitment from organization executives

5. Take time to plan up front

6. Ensure adequate training and change management

7. Make sure to understand why you are implementing ERP

8. Focus on data migration early in the process

9. Chart the course

10. Patience – The key to success


Knowledge Matrix

ERP System

Sales & Distribution

Inventory Management

Purchase Management

Production Management

HRMS/Payroll

Fixed Asset Management

Now access ERP dashboards through Smartphones & Tablets

How Knowledge Matrix Can Help?


*Integration with any third party accounting software possible

Key Features of Our Manufacturing ERP

SALES & DISTRIBUTION

• Sales Register• Customer Invoice Register• Customer Outstanding Register• Pending Sales Order List• Daily Dispatch Program• Sales Day Book

INVENTORY

• Stock Ledger• Stock Movement Analysis• Inventory Issues List• Material Indent List

PURCHASE

• Purchase Order List• Material Receipt Note List• Pending Purchases• Purchase Day Book

FIXED ASSETS MANAGEMENT

• Asset Group• Asset Location• Opening Balance Voucher• Capital Budget• Asset Transfer• Depreciation• Generate Asset• Process Depreciation• Asset Revaluation• Asset Disposal• Capitalization Voucher

PRODUCTION

• Consumption of Raw Materials Report• Daily Production Report• Performance Report• Production Summary

HRMS

• Pay Sheet• Pay Slip Report• Salary Statement• Tax Reports• Attendance Check List• Leave Balance List Report


Case Studies


ERP Software for Medical Glass tube Manufacturer

The client is a leading manufacturer of neutral borosilicate glass tubes, producing flint and amber varieties of glass tubes. The client has a global presence, serving customers in both domestic and international markets.

The Client

The Challenge• Need for a complete enterprise software solution that would satisfy unique operational requirements.• Addressing manufacturer’s critical processes, including: supply chain management, procurement of materials, production of glass, accounting, and distribution.

The Solution• The web-based ERP software that Knowledge Matrix developed for the client was designed to accommodate all core functions and operational requirements that are unique to the glass manufacturing industry.• New system gave client the heightened visibility of the intertwined manufacturing functions and offered features that enabled the software users to easily produce reports, manage the production and distribution of the glass products, and generate comprehensive accounting statements, including profit & loss sheets.

• The client was able to reduce 30% of the licensing cost incurred in purchasing multiple software for multiple users.• Integrated modules enable management to monitor the overall performance more efficiently.• As the ERP was integrated with smartphones, the status on any query could be checked on fly.

The Outcome


ERP Software for Glass Sheet Manufacturer

The client is a leading industrial glass company with a large distribution network. It serves customers around the globe in multiple verticals, including the construction, automobile, pharmaceuticals, consumer goods, defense, and railway industries. The company employs close to a thousand workers in its manufacturing and state-of-the-art R&D facilities.

The Client

The Challenge• The client’s existing software lacked a way to track inventory and monitor stock levels, which led to significant problems in procurement and warehouse operations.• The legacy system was missing a metrics-based reporting function. Data was not extractable, making it impossible to generate critical sales reports.

The Solution• Knowledge Matrix’s team recommended replacing the existing system with a web-based ERP application that would integrate multiple business activities, including SCM, finance, inventory management, purchasing, and sales.• The solution focused on streamlining these various processes in a way that would enhancing operational efficiency and enable multiple departments to communicate more readily and synchronize their respective activities.

• The custom, Web-based application that Knowledge Matrix delivered to the client effectively simplified the program’s interface, making it more user-friendly.• The entire manufacturing process, from production to sales, was streamlined. Inventory levels and packed and unpacked stock could be easily tracked for effective sales and purchase planning.• New customized reports provided valuable sales data and gave new the Management new insight into the performance of its multiple departments.

The Outcome


Thank You!

Q & A

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OrCall (650) 565-8600


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