Mx-ERP is a type of enterprise resource planning (ERP) software that is hosted on a cloud computing platform and can be installed on premises within an enterprise's own data center.
ACG Infotech limited is a growing IT offshore services organization based in Delhi, India, providing value-added, software-led IT solutions and services to large and medium-size organizations. ACG Infotech Limited is one of the best ERP software development company which provides ERP software for manufacturing industry in India.
Challenges of Manufacturers and Role of an ERP
Manufacturing ERP software is a specialized solution designed to streamline and optimize the operations of the manufacturing industry. It provides a comprehensive suite of tools and functionalities that enable manufacturers to effectively manage various aspects of their business, including inventory management, production planning, supply chain management, and financials. By integrating all these core processes into a centralized platform, manufacturing ERP system enhance operational efficiency, facilitate data-driven decision-making, and improve overall productivity. In the competitive manufacturing landscape, investing in the best ERP for the manufacturing industry is crucial for businesses looking to stay ahead and achieve sustainable growth.
When it comes to selecting an ERP for the manufacturing industry, several factors should be considered. The ideal ERP should have a robust manufacturing module that caters specifically to the industry's unique requirements, such as bill of materials management, production scheduling, and shop floor control. Additionally, the best ERP software for manufacturing will offer advanced features like real-time reporting and analytics, allowing companies to gain valuable insights into their operations and identify areas for improvement. In India, where the manufacturing sector plays a significant role in the economy, choosing the right ERP for manufacturing industry in India becomes even more important. By opting for a localized solution that understands the specific needs and compliance standards of the Indian manufacturing sector, businesses can optimize their operations, enhance productivity, and drive sustainable growth.
Customer demands are greater than ever before. It is no longer enough to simply sell the products you want to – you need to sell the products that customer wants. This requires smart manufacturing capabilities to maintain a competitive edge. To compliment this, you will need the support of an agile and connected ERP solution. In this para, we explore how cloud hostable manufacturing ERP software could be the answer to many challenges in the age of continuous digital innovation.
From the shop floor to delivery and after-sales services, innovation and connectivity have drastically changed the sector. With innovative technologies such as big data, blockchain, the Industrial Internet of Things (IIOT), and cloud technology, the manufacturing industry has experienced huge advances that have given birth to the smart manufacturing concept.
Using these technologies, smart manufacturing presents exciting new opportunities for industrial production – but not without creating business challenges. And when facing these, companies without an advanced ERP system will struggle to keep up with demands.
- Manufacturers can count on ERP to ensure that they have enough integrated visibility to accounting, distribution and manufacturing operations to easily identify and track cost elements and target areas for improvement.
- Labour intensive and time-consuming processes can be automated with an enterprise system.
- ERP tools enable evaluation of detailed actual-versus-expected costs, as well as targets for cost savings and continuous improvement programs.
- A Blanket Purchase Order facility enables pricing to be specified for an agreed quantity of product.
- Avoiding money blocking by way of raw material dumping
- Tools such as Requirements Planning and Factory Scheduling allow manufacturers to implement LEAN principles and ensure contract service levels are met.
- Enterprise software allows you to hedge against unpredictable supply of long-lead-time items using minimum and safety stock levels.
- Accounts Receivable forecasts reflect how different customers pay on different terms and include information such as the average number of days each customer takes to pay.
- Accounts Payable is not only about invoiced purchases. Manufacturers should also pay attention to supplier terms, unapproved invoices and purchase receipts not yet invoiced by suppliers.
In the changing environment presented by smart manufacturing, your company may find itself struggling with the following challenges:
- Too Many Systems, Not Enough Time
- Struggling to Provide Customization
- A Predictive Approach to Maintenance
- Blurred Insights, Slow Actions
- System Hopping Between Departments
- Lacking Vital IIOT Capabilities
- Slow Access to Data; Slow to Innovate
Updating your legacy systems to a cloud-based ERP solution can help you overcome the above mentioned challenges. Mx-ERP based on CAPEX or OPEX model offers scalable and affordable support for manufacturers. Consolidating siloed data into one central system using the cloud ensures complete access to accurate information. Optimizing processes with machine learning, predictive analytics, and automation becomes a possibility.
Explore Mx-ERP
Mx-ERP is proposed to offer Material Management, Planning & Production, Finance & Accounting, Sales & Distribution, Customer Relationship Management (CRM), Payroll and Plant Maintenance module and seamlessly integrated with finance & accounts module. Manufacturing ERP system can also offer, if required, Business Intelligence solution and Mobile Apps. Our e-Procurement solution is already an integrated part of Mx-ERP. It automates and streamlines procurement processes to its best. This enables efficient and transparent procurement of raw materials, consumable & capital items.
Mx-ERP will be customized to accommodate, integrate and streamline critical business processes such as procurement, inventory management, supply chain, logistics, production, asset management & plant maintenance, in order to ensure profitability.
- Sales Force Automation, Client Relationship
- Sales, Dispatch, Supply Chain Order Mgmt,
- Warehouse Mgmt
- Supplier Relationship, Inventory, Procurement
- Production Planning
- BOQ & Project Mgmt, Project Based Material Requirement Planning
- Contracts, Subcontract, Ra Bills
- Sales Order Based Material Requirement Planning
- Quality Control
- Post Sales Service, Trouble Tickets, Spares Mgmt
- Employee Portal, Human Resources, Payroll
- Task Assignment & Management, Document Mgmt
- Conveyance Claim & Reimbursement Mgmt
- Financials, Financial Mgmt Solution, Financial Balance Sheet
- Cost Centres
- Enterprise Asset Mgmt
MX-ERP for manufacturing user has permission-based access to every module in the software. All Modules Included – each user license receives all modules at no additional cost. Fully Equipped Workforce – workers get all the tools and modules to get the job done right; more efficiently and cost effectively. Better User Experiences – intuitively edit screens, fields, and labels to create your own personalized and more efficient user interface, without the need of IT support. Mx-ERP is the best ERP software for manufacturing and it provides a framework for defining work, assigning work responsibility, establishing budgets, controlling and summarizing costs, with respect to planned versus actual accomplishments. Information is provided for all appropriate management levels.
ACGIL will be undertaking SRS to cover three success factors to better prepare the stage for an ERP implementation including: (a) approved solution and (b) user/power user ownership, coach to peer trainings (train the trainer), and (c) documented training with standard data entry procedures OR workflow.
- Scope Under SRS
SRS will provide step-by-step instructions that describe how to perform the workflow-based data entry. It is undertaken during Documentation part, which concludes a perfect operation with full accountability & transparency with complete control of Owners of the business. This document would explain who is responsible for which aspects of the procedure. This is your opportunity to describe any requirements that must be in place before executing the Mx-ERP procedure. Alerts based system, Mx-ERP brings complete control onFinally, well-defined master data migration plan, complete system testing, and knowledge transfer based on “train the trainer concept”.- Optimum staff level (close to zero redundancies)
- Multiple approvals on Payables & receivables
- Approvals based on Quantities & Amount
- Credit limits of dealers/distributors & Credit limit from suppliers
- Instant overview on financials (Reports)
- Approved Solution and User/Power User Ownership
During documentation, your steering committee should be accountable for approving our approach for the implementation, as the future steps hinge on having this roadmap to follow. Power users of the software provide an invaluable resource and should be used in developing the approved solution, as they know how their current operations function OR may have some inefficiencies. The power users essentially aid in making sure all business facets are accounted for in the approved Mx-ERP solution. - Coach to Peer Trainings (Train the Trainer)
Training would be instrumental in Mx-ERP’s success, and “train the trainer” approach is advised. In this method, the power users work closely with the implementation team facilitating a full understanding of the ERP system as well as any modifications. This enables the power users to become the coaches for the company; enhancing their skill set and expanding their knowledge of the system by performing peer trainings.
- Separate Fiscal Year wise data
- Multi-Company
- Multi-Location/Unit
- Role Based Access Control (RBOC)
- Inter-Company/Inter-Unit Transactions
- Audit Trail Management
- Auto Email and SMS
- Batch Management
- Custom Reports
- Standard Reports
- Export of Report
- Import of Masters
- Batch Barcode Label Printing
- Manage multiple Branches, Employee hierarchy
- Lead Pool (add sales lead to central pool)
- Lead Transfer (Branch Wise and hierarchy wise)
- Quotations, Proposals
- Lead Follow-up
- Lead Status management and MIS (from cold call, business maturity)
- Task scheduler and alerts
- Pending task report
- Enquiries convert into order, Generate sales order with Order No.
- Sales Executive Performance Analysis
- Closed enquiry and Order lost report.
- Sales Field Person Daily Conveyance claim
- Conveyance approval & Clearance
- Primary levels
- Secondary levels
- Tertiary Levels
- Creation of organized distributor & dealer network
- Sales order collection form dealers & distributors
- Distributors Schemes, Discounts, Commissions management
- Payment collection and due payments details
- Tracking of all payments with dealers & distributors
- Purchase Indent
- RFQ
- Vendor Quotes
- Quotes Comparison
- Import Purchase (complete documentation)
- High Sea Import as well
- Bill of Entry
- Clearing & forwarding Agents Bill Passing
- Domestic Purchase
- Purchase Order Standard Terms Management
- Order Scheduling
- PO Amendments
- Releasing PO to qualified Vendor(s)
- PO Short Closing
- Purchase Contracts
- Vendor Management
- Evaluation
- Rating
- Multiple locations
- Product Profile (Item Mapping)
- BOM
- Production Word Orders
- Daily, Shift-Wise, Machine-Wise Production Entry (Against Production Work Orders)
- Daily Consumption & Utility
- Batch/Lot Management with Manufacturing/Expiry Dates
- Multiple shop floors
- Plant wise machine capacity management
- Rejection & Re-work
- MRP against PWO
- Production Deviation Management
- Barcode/QR Code
- Goods Dispatch against Job Work Order
- Goods Receipt against Job Work Order
- Job Work Order Challan
- Job Work Order Dispatch register
- Job Work Order Return register
- Job Work Order Register
- Gate Entry with or without PO/RGP/NRGP
- MRN
- Batch Management
- Multiple Warehouses
- Bin Management
- Request for Material Issue or Transfer
- Transfer
- Inter-Warehouse
- Store to Shop floor
- Shop floor to Warehouse
- Physical Stock Adjustment
- Min, Max, ROQ, ROL levels
- Alternate UOMs
- Returnable Challan
- Non-Returnable Challan
- Weigh Bridge Integration
- Material Acceptance & Rejections
- Sales Return
- Schedule - delivery planning
- Vehicle Planning
- Vehicle Gate entry in/out
- Loading Slip
- QA Approval on loading slip for Batch No. approval for loading
- Inter Departmental Notifications
- Material Stock
- Identification of grades for same finished goods
- Allocation of inventory to schedules as per customer specific requirement
- Material transfer from one W/h to another W/h and One Bin to another Bin
- Physical stock adjustment
- Inventory adjustments Increase / Decrease
- Sales Invoicing
- E-invoicing Generation with IRN and QR Code
- E weigh bill Generation
- Gate Pass
- Interface with Weighbridge, Barcode scanner, QR Code Scanner
- QC for Raw material, Chemicals, Packing Materials
- QA for Finished Goods and by products
- In process QC (Interim QC or WIP QC)
- QC plans for each product
- QC test master
- QC deduction master
- COA, Customer specific COA
- Batch carryover to next shift QC
- Customer complaint intimation and resolution documentation
- Internal instrument calibration records
- Retesting of Items (Opening / Normal)
- Interim QC
- Sampling Plans
- Audit and compliance for asset
- Domestic Sales
- Export Sales
- Packing List
- Certificate of Analysis for Export Invoice
- Draft Bill of Entry
- Draft Bill of Lading
- Draft Certificate of Origin
- Draft Health Certificate
- Proforma Invoice
- Tax Invoice
- Commercial Invoice
- Form AI & SAFTA
- IRREVOCABLE LETTER OF CREDIT L/C
- Quotation to Customer
- Sales Contract
- Delivery Scheduling
- Export Commercial Entries
- Customer
- Master
- Feedback
- Discounts
- Integration with E-Commerce
- Credit Management
- By default, schedule should be blocked for credit check. There should be Approval/Validation facility for Schedules to Credit Control Dept. with Approved, Reject & Hold
- The credit control is based on value and payment terms which should be exercised at the time of invoicing.
- Credit Limits & Terms
- Journal Posting
- Payments (Bank & Cash) with bill adjustments
- Receipts (Bank & Cash) with bill adjustments
- Purchase Invoice Posting
- Transporter Invoice Posting (inward & outward)
- Commission Agent Invoice Posting
- Sales Commission Invoice Posting
- Credit/Debit Note
- Travelling Expenses
- Payroll Integration
- Export Expenses
- Auto-Payment from system to bank
- Holding of Payment
- Auto-bank reconciliation
- Commission Tracking
- Payment Receipt from Customer Form
- Budget vs Actual
- Balance Sheet
- P&L
- Debtors/Customer wise Ageing
- Creditors/ Vendor wise Ageing
- RJV (Reversal JV)
- JV passed in one month should get reversed in next month
- TDS JV
- TCS
- Statutory Compliance
- Ledger reconciliation
- Automatic Depreciation Posting
- Different Depreciation Methods
- Groups assets for reporting purposes
- Warranty and Maintenance Cost of every Asset
- On line historical notes for each asset
- Asset Life Summaries
- Gain/Loss Report
- Acquisitions Report
- Project wise Budget vs Actual tracking
- Document tracking from (Budget, PO, GRN, Invoice, Capitalization of assets)
- Interest capitalization
- Both IND-AS and IFRS
- Intercompany/Inter Unit Asset Transfer
Employee Portal (Self Service)
This module will be allocated to all staff members having access through a unique set password. Each of your staff will be able manage below actions on their own.
- Task Management (Task assignment, Task Execution, Task status)
- Follow ups (Follow ups, and schedule for next follow ups)
- Events (Meeting Schedule, Plans)
- Calendar Management
- Personal/Official Document uploading
- Leave Management (Application, Approvals, Remaining Leaves)
- Pay Slip Generation/Printout
- Expenses & Reimbursements
This module is perfect solution for HR manager right from job posting to hiring of candidates with some below listed features.
- Profile management
- Vacancy Posting (Positions Creation, Job Posting)
- Resume Registration and Short Listing
- Interview Results (Result submission, Job Letters)
Fully automated with biometrics integrated and fully backup by policies on leaves, late coming, absents and advance payments and other statutory compliances, our payroll module will make it a perfect solution with minimal manual intervention. Some salient features are listed below:
- Attendance
- Daily attendance Entry
- Monthly attendance entry
- Import from Bio-Metrics
- Over time process
- Salary Process
- Leave application/Leave approval/Leave cancelation
- Loans or advance Management
- Employee Bonus
- Salary Revision
- Arrear Calculation
- Leave Compensation
- Bank Payment advice
- Full & Final Settlement
- Statutory compliance (Gratuity etc.)
Manufacturing ERP Modules:
- CRM (Customer Relationship Management)
- Cost & Estimation
- Sales Management
- Import/Export Management
- Project Management
- Purchase
- Inventory
- Warehouse
- Production
- Job Work (Third Party Outsourcing)
- Quality Control
- Calibration
- Distribution Management
- Service Management
- SRM (Supplier Relationship Management)
- SCM (Supply Chain Management)
- Award Management
- Franchise Management
- Cab Management
- Asset Management
- Finance & Accounting
- Taxation
- HR & Payroll
- EPM (Employee Performance Management)
- ESS (Employee Self Service)
- Event Management
- Electronic Data Interchange
- Software Administration
Our Success Story
