Manufacturing industry needs to deal with numerous issues relating to the industry for the successful running of the business in this dynamically changing environment. In the process of manufacturing, various strategies are used by various firms for achieving their desired goals which includes forming production and design teams, assurance of quality product, reducing order and delivery time, inventory management and research and development program.
For the successful implementation of the above strategies, web-based resource ERP system is required which help companies to save a large amount of cost in the manufacturing and service sectors. ERP (Enterprise Resource planning system) offers support for multi- mode manufacturers. ERP system is also termed as packaged business software system which helps a business to share all the general data of the business process across the enterprise. In this fast growing business environment, it is essential for every business enterprise to stand in this competitive world for the long run which can be possible only with the help of ERP. ERP system is a critical link between among all functional area of manufacturing enterprise and between the enterprises. It simplifies all the business strategies with a software module which includes financial accounting, budgeting, cost management, workflow management, and quality control, bill of materials, recruiting and training. With the help of ERP system, managers and top officials of the enterprise can take timely information to make necessary decisions for the betterment of the firm and also for the accomplishment of organizational goals. Web- based resource ERP system minimize the manufacturing cost of the business with the optimum utilization of the resources.
Generally, in a short span of time the impact of the ERP system can be felt on the productivity of the business enterprise. It helps in the improvement of customer relationship with the organization as it provides call center facility as well as it improves the customer services. It is a vital tool of the organization as it integrates varied organizational systems and enables continuous transactions and production. ERP is primarily a support system of top level management which facilitates them to make faster decisions which save time as well as expense. ERP manages the books of account of the company. It helps to control inventories, sales forecasting, continues supply of goods and production planning.It makes a company more flexible and improves the quality of a business by smooth running of the internal business cycle in the organization.