Modern enterprise resource planning solutions are intelligent, secure, and data-driven systems playing an important role for various types of businesses and companies.

Companies and organizations of all sizes use ERP systems to maintain day-to-day business activities, such as procurement, project management, financials, purchase, and sales operations.

MIE Solutions is one of the most reputable software solution providers providing more powerful and secure software systems.

These modules contain sets of applications to focus on the unique requirements of manufacturers and distributors.

We provide a more competitive business model with the ability to compete with national and international businesses.

Best Manufacturing Software amazingly improves the way they design, build, store, test, sell, and distribute their products.

The ERP or enterprise resource planning system solution has become a more powerful tool for businesses over the last couple of decades.

The software solution intelligently pulls data from a set of modules designed to help a number of departments to perform their individual functions.

Moreover, ERP solution can automate various tasks including reducing errors and comforting employees to focus on other essential work.Most ERP modules offer better support for back-and front-office functionalities such as accounting, finance, procurement, order management, inventory management, manufacturing, supply chain management CRM procurement, and staff management.

The accounting module creates and stores important financial documents such as payment receipts, tax statements, and balance sheets.

It has the ability to update status of goods processing to help companies tracking accurate output against estimated production during the manufacturing process.

You can see a real-time picture of the shop floor with collecting real-time information about items in progress and finished products.The supply chain management module efficiently tracks each processing movement of supplies and goods throughout the supply chain.

ERP normally referred to the Enterprise Resource Planning.

It is actually a combination of software and systems used to plan and manage the entire core supply chain, manufacturing, services, financial, and other essential processes of a firm or company.

The ERP software can be used to mechanize and streamline individual activities across a company or organization, such as accounting and procurement, project management, customer relationship management, risk management, compliance and supply chain operations.

The MIE Solutions provides the best mechanism to improve efficiency of your firm or company.

These ERP for Manufacturing Industry software solutions can be used to effectively communicate and bring together business processes to enable a flow of data between the applications, traditionally through common databases either on-site/on-premise or in the cloud.An efficient ERP software system connects every aspect of an enterprise and allows for better performance and project management.

It offers a considerable amount of help to plan, budget, predict, and accurately report on an organization’s financial health and procedures.

The key task for your company is to select an enterprise resource planning (ERP) or a warehouse management system (WMS) to make your work more efficient.

It is necessary to know the authentic facts related to each of these solutions.

The ERP and WMS have some similar functions, but you will find some differences between the two that you should need to consider before making your decision.

It would allow you to decide what services your enterprise needs and accurately analysis what sort of ROI you may have with either solution.

Warehouse Management App efficiently handles the movement and storage of your enterprise’s record.

It is remarkable that warehouse management systems use barcode scanners, mobile computers, wireless LANs, and radio frequency identification (RFID) technology to successfully track the movement, and storage of products to central storage locations.

Managing supply chain and logistics is not an easy task.

It is indeed, especially if you are a discrete manufacturer because you also need to focus on production management.

If you don’t want anxiety and restlessness in your business regime, you have to do everything possible that helps you keep your business running – with resilience and sustainable growth in the long run.

If you want your business to go beyond the expectations, you need to embrace the fact that logistics management is one of the determining factors that you cannot overlook at any cost.

It will help you ease your business growth and ensure sustainability because the entire process will be automated and real-time data will provide you better insights into weaknesses and strengths related to your logistics department.It is an open secret that the companies which properly manage their business operations by implementing the best suitable management practices and solutions successfully achieve their goals.

It’s your market shares that define your growth and theirs withstanding in the stock exchange even during the time of crises like economic fluctuations or downfall.

Initially, an MRP (manufacturing resource planning) like any other software solution has limited use.

To begin with, an MRP is used for sales forecasting and creating bill of materials in order to develop an elementary material requirement plan using inputs from a range of additional sources.Today, digital transformation has induced advanced technologies in every sector and so do modern MRP solutions become more extensive, flexible, and accurate.

This means all information related to your business operations contributes to the effective and seamless functioning of your MRP system integrated across all departments and is instantly reflected in your company reports and statistics.Make Well-Informed Manufacturing Decisions with an MRPThe MRP system gives you optimal control on all your manufacturing processes, including sales order, procurement, inventory, production and even supply chain and logistics.

You will get the most optimized results that will help you in managing and tracking order size, demand forecasting, bill of materials, inventory levels, shop floor reports, production routings and costs, etc.

Having much more accurate results from the system will allow you to make well-informed decisions for increased manufacturing rates and profit margins.Moreover, when you have real-time information in your quick access, you can easily take all precautionary measures to decrease production bottlenecks.Now, here you must ensure that your staff from all over the organization contribute accurate input info because what you feed into the system, it will give back the results accordingly.Apply Customized Approach in MRP System Implementation:Implementation of an MRP system software needs you to comprehend why it is necessary in the first place.

Despite some manufacturing companies being exactly alike in terms of producing the same items such as automobiles or pharmaceuticals, etc., every MRP deployment requires a specific level of customized approach.For example, you may need its cloud version because you find it’s on-premise deployment far beyond your capital.

The ERP or enterprise resource planning commonly referred to a software system used to manage and maintain the business functions of an organization or company.

An efficient Best ERP Software can gather data, store, manage, easier access, and interpret the data for use by different departments of a company.

If you are running a business and looking for specific software according to your need, MIE Solutions would be a much better option to meet your requirements.

Our Manufacturing Management Software handsomely manages core processes of a company, such as financials, HR, production, manufacturing, inventory control, supply chain, and others.

It would enable businesses making data-driven decisions to streamline daily operations, drive efficiencies, and manage complexity.

The software solution fully manages your IT environment, including security, updates, SQL maintenance, and regular backups.Our ERP manufacturing software isn’t just an accounting system, but a powerful system designed to help financial leadership analyze their performance and make innovative changes to improve efficiencies, cut costs and increase in profit.

With a production management module, it will give you greater insight into your manufacturing business.

Any business management solution can help you handle all your departments, but an enterprise resource planning solution with sales, financials, analytics, CRM, inventory and shop floor management, etc., is the right partner for your manufacturing system.

Production management system & capacity resource planning:Production management simply refers to planning, organization and optimization of your manufacturing operations – from raw materials and components into finished goods.

It needs you to determine the right quantity, time and cost to produce quality products.The ultimate goal of production management systems is to help you optimize your manufacturing plant’s efficiency with the current production capacity.

This could be done through:Production Control ServiceShop Floor SchedulingCost and Quality ControlMaintenance of MachinesCapacity Resource PlanningPerfecting your production management is challenging, capacity resource planning makes it less tricky for manufacturers.Here, we bring you some tried and trusted recommendations to use capacity planning for improved production management.

Not necessarily all of your tangible and intangible resources, but you need to look into the most critical resources that have high demand.

Enterprise resource planning is a solution to integrated management in real-time, moderated by technology and software for main business processes.

The MIE Solutions also provides the best software according to the specific requirements of your business or company.

Using common databases managed by a database management system, we provide an integrated and continuously updated view of core business processes.

Our efficient ERP systems track business resources including cash, raw materials, production capacity, and the status of business commitments such as orders, purchase orders, and payroll.These applications enable the system to share data across various departments such as manufacturing, purchasing, sales, accounting, and others.

An efficient Manufacturing Management Software facilitates information flow between entire business functions and maintains connections to outside stakeholders.

Enterprise system software is a multibillion-dollar industry that creates components to support a wide range of business functions.

It is considered a unique business solution to work on a centralized database and allows easy and efficient handling of large amount of information with improving correct decision making.

The early ERP software solutions were mainly focused on accounting management.

However, most options and functionalities have expanded as managing your money is always a key concern of your enterprise resource planning.

We offer more effective ERP solution system to help you pull together your legacy and current accounting software in order to track and monitor your workforce and entire business processes.

It can organize information and allows you to look at the available analytics in any system to ensure getting the information you need.It is noteworthy that human resources management is one of the key functionalities of any ERP solution.

Most business owners and manufacturers understand that an effective organization works for reasons that go beyond accounting spreadsheets.

Modern businesses need modern solutions to expand their operations and earn profits.

These modern solutions rely on trillions of gigabytes of data.

It's a big deal for companies that depends on data (regardless of size, all businesses have to deal with data in one way or another).

Modern businesses generate massive amounts of data and even more, as their customer bases grow.

A reliable ERP system not only automates and streamlines your business processes but also manages data in a single unified repository.

You can easily gain the unprecedented insight into your company's performance since ERP leverages the big data.Let's take a dive into key benefits you can gain by using an ERP software to manage and monitor your business data.1.

I talked previously about job cost estimating setup time.

The four areas that were spoken about where staging time, setup time, transit time and tear down time.

Each one of these 4 processes actually would add costs to an estimate.

Lag time does not add costs to an actual estimate under most circumstances.When there are dependencies between operations, delays in handling, transportation, transmission or thinking time, etc.

between operation steps we refer to this as lag time.

Lag time does not usually add costs to a operation step because there is no activity actually being performed except for taking up space on the manufacturing shop floor.

Enterprise resource planning software integrates complex interfaces with other modules to perform operations.

The solution enables companies to collect, store, manage, and interpret data in real-time and use the data to manage business activities.Key Modules of ERP System SolutionERP systems offer different modules including Accounts, Finance, HR, CRM, Inventory, Sales, Manufacturing, Project Management, and others.

Modern ERP system solutions are available on the cloud as Platform-as-a-Service and (SaaS) Software-as-a-Service from leading vendors.Modern ERP solution systems are more beneficial for various types of manufacturing industries.

ERP Software for Manufacturing enables companies of all sizes to streamline entire business operations, boost efficiency, and reduce costs.Benefits of ERP Software for ManufacturersEnterprise resource planning system offers many benefits to meet the needs of a growing enterprise.

ERP system can provide major benefits in the manufacturing sector and some of them are below:Production Management OptimizationEnhanced Workflow VisibilityImproved Inventory ManagementPowerful Data SecurityOverall Cost ReductionProduction Management OptimizationMost manufacturing companies are looking for a perfect solution to meet strict product timelines to keep up with customer requirements.

Manufacturers need custom ERP tools to easily track on-site activities, automate process scheduling, and streamline all production processes.Enhanced Workflow VisibilityThe coordination process between multiple workplaces took considerable time and effort before the invention of ERP systems.

Every business owner feels more secure and satisfied with reduced time and overhead costs.

One thing that can help them in this regard is to reduce waste.

If you overlook the management of your shop floor and assembly line machinery it will result in wasting your time, materials and even the resources.

It usually happens when you need to move your machinery any time.

It will result in wasting time and money.

The inefficient use of time will make you lose production efficiency and profitability.The right ERP system will help you plan and execute your production workflows more efficiently, reducing material waste, and controlling time lag by giving your workers quick access to accurate details and information.

The enterprise resource planning software aimed to manage and integrate the functionalities of key business processes in a single system like finance, accounts, purchase, HR, supply chain, and inventory management.

The software solution is widely used in businesses of all sizes.

Best ERP Software is considered an essential element for large enterprises and is increasingly being implemented in growing small to enterprise businesses.

The current global economy and complex modern customer demands have increased managing and optimizing critical data with streamlining business processes.

MIE Solutions is an efficient platform providing more dedicated and advanced software solutions for various types of companies and industries.

Our ERP system consists of different software modules containing applications, each of which focuses on a distinct business process.Our efficient ERP finance module has the ability to automate basic accounting, financial analysis, invoicing, forecasting, and reporting valuable features.

In order accurately estimate your costs to complete a job you must be as accurate as possible during the estimating process.

If you spend too much time estimating you will be burning a lot of cycles which costs money.

Now its time for the final formula to be realized which includes setup time and cycle time with all its details.The setup formula again is(Staging Time + Setup Time + Transit Time + Tear Down Time)The cycle time formula  is(Handling Time * Run Time) *( Quantity To Be Produced)+(Inspection Time*Quantity Of Parts Inspected)The operation formula becomes(Staging Time + Setup Time + Transit Time + Tear Down Time)+  (Handling Time * Run Time) *( Quantity To Be Produced)+(Inspection Time*Quantity Of Parts Inspected)Cost estimating using good estimating software tools makes producing accurate quotes much simpler.

I will talk about shop rates starting with my next blog.

Shop rates are critical part of an estimate because you may accurately estimate the time it takes, but if you do not have a handle on your shop rates you will not be profitable.http://www.mie-solutions.com/mie/index.php/MIE-QuoteIt/http://www.mie-solutions.com/mie/The mission of MIE Solutions is to apply advanced technology to improve manufacturing productivity and quality in the field of fabrication.

At MIE Solutions, we do not compromise product quality or service.