Manufacturing ERP is software that streamlines and automates core business and manufacturing functionalities. There is various Manufacturing ERP software available in the market. MFG Pro or QAD ERP is one of these ERP software. Manufacturing businesses require Enterprise Resource Planning (ERP) software to manage, automate, track, collaborate, and connect every step of their business process. The software provides manufacturing-specific functionalities that fulfill all the business requirements. It offers a 360-degree view of the entire manufacturing business.
In this article, let’s explore more about what MFG Pro is and how beneficial is this software.
What is MFG Pro?
MFG Pro is the first flagship enterprise resource planning software suite designed to fulfill all manufacturing-specific requirements of the business. This software is built using the APICS principle. APICS is the Association for Supply Chain Management that offers profound knowledge on all the aspects of successful implementation of the ERP software.
The QAD manufacturing ERP software streamlines the manufacturing operations, supply chains, financials, customers, technology, and business performance. It includes features like distributed operations, purchasing, industry-specific vertical market functions, sales order, and purchase order management, inventory, and product assemblies.
How beneficial is MFG Pro in supporting closed-loop Manufacturing Resource Planning?
Recent ERP usage statistics portray that 47% of ERP users are from the manufacturing industry. The industry involves complex processes and is dynamic in nature. The processes are either operational or managerial, but they need to sync with each other. When the manufacturing plant begins to expand, it gets difficult to manage these complex processes and systems.
Managing supply chain risk is a challenge for manufacturers. They need appropriate information on inventory, demand, shipments, and supplier performance to manage global supply chains. Complex supply chains need detailed supply chain planning and digital connectivity with suppliers for proper inventory planning and ensuring product availability. Customers demand unique products which require qualified suppliers to supply raw materials, products & services. With digital connectivity, the supply chain can become more connected, automated, and transparent.
QAD manufacturing module helps manufacturers overcome the challenge of managing complex and unstable global supply chains. QAD Manufacturing ERP module offers a digital supply chain solution that
- Enhances the supply chain performance
- Helps deliver products on-time
- Reduce inventory costs by 25%
- Improve supply chain agility
- Wipeout production delays
- Cut material costs by 10-20%
- Reduce trade compliance risks
- Save transportation costs by 3-10%
