Process manufacturers and discrete manufacturers have completely different manufacturing models. While discrete manufacturers are cutting, assembling or drilling, process manufacturers are mixing and blending based off of very specific recipes and ingredients. Based off these different ways of manufacturing, it wouldn’t make very much sense to be using the same ERP system for both. It wouldn’t be the best decision to try and modify a system to meet your process manufacturing needs either, which is why there are process manufacturing ERP systems on the market made for the industry’s needs.
What are you doing with all the extra shavings and waste from your manufacturing processes? You’ve heard the saying, “one man’s trash is another man’s treasure,” right? If you’re tossing out what you consider to be manufacturing waste, you could be be throwing away potential sales along with it. During the process of manufacturing the products you sell to customers, there are often supplemental products (by-products and co-products) that are also being produced; some of which that can provide significant financial value. In this blog we’ll discuss how your process manufacturing ERP system can help you turn that ‘waste’ into revenue.
ERP has never been a one-size fits all solution and as the manufacturing industry evolves, that fact has never been more important than it is today. A recent industry study shows that many manufacturers, especially mid-market process manufacturers, are experiencing significant struggles because their ERP systems do not support the specialized processes the manufacturers of today require to optimize their processes, increase their profits, better serve their customers, or drive growth. It is becoming more important than ever for these companies to invest in modern ERP systems that offer the features and functions they need for success both now and in the future.
According to the study, mid-market manufacturing companies are experiencing significant functional gaps in their operations due to a lack of support from their ERP systems. Below are some of the major takeaways from the study which illustrates the very real and immediate need for specialized ERP systems for manufacturing organizations today. Continue reading