Have you ever wondered how much tighter you can make your material costs? If you have, the next question to yourself was no doubt, “How can I do it?” Once a sale is generated, procurement processes get added into whole list of things to do to complete the order on time and on budget. To this end, enterprise resource planning software (ERP) helps manufacturers streamline their purchasing and procurement processes. Such automated purchasing is designed to interface with the efficiencies built into other automation introduced to the shop floor for the past half century.
By streamlining purchasing via automated ERP applications, a company can take advantage of the nuances that occur in the procurement process. For example, how convenient, and profitable, would it be to have your entire supply chain at the fingertips of your purchasing manager? With an automated purchasing system as connected part of your whole production system, real-time information regarding raw materials is tied into a single-point presentation and loaded with automated triggers. (more…)