Financial Management for Manufacturers
A cloud-based ERP software will help manufacturing companies improve their financial management by providing a centralized platform for automating and managing financial processes such as accounts payable, accounts receivable, general ledger, financial reporting, and forecasting. These accounting capabilities will help automate mundane processes and reduce errors, improve management accuracy, and provide real-time visibility into financial performance for your manufacturing business process. Cloud ERP manufacturing solutions delivered by Navigator will also help identify areas of financial waste, helping companies reach their sustainability goals and become more efficient with their processes.
Inventory Management for Manufacturers
Cloud ERP software allows companies to track inventory levels and movements across all locations (across departments, buildings, or countries), making it easier to manage stock levels and avoid supply chain stockouts. An end-to-end manufacturing ERP system helps identify slow-moving products and optimize business inventory levels, maximizing free cash flow. Real-time visibility and reporting are a must for growth-focused manufacturing companies.
Supply Chain Management for Manufacturers
Manufacturing companies need to manage their supply chain more effectively to reduce costs, improve supplier relationships, and ensure that materials and equipment are available for products when needed. Cloud-based ERP solutions with robust supply chain management helps provide manufacturing companies with the operational tools for inventory management, procurement, and supplier management. These manufacturing ERP features will help automate business processes and reporting, reduce costs, improve supplier relationships, and ensure that materials and equipment are available for production teams when needed. All with the goal of increasing inventory turn, lowering time in inventory, and getting products out on the market. With a clear view of the supply chain, manufacturing businesses can make informed decisions about when to order materials, how much to order, and from whom.
Production Management for Manufacturers
Cloud-based ERP solutions will help manufacturing companies manage production more efficiently by providing tools for production planning, inventory management, shop floor management, and production costing. These ERP capabilities can help ensure products are produced on time, within budget, with the required quality and at the right output levels. By providing real-time production updates, SAP ERP software reports help reduce the risk of manufacturing issues and improve customer satisfaction.
Simplify Production Scheduling with Drag and Drop Scheduling for your SAP System
Warehouse Management for Manufacturers
The integration of an advanced warehouse management system (WMS) with ERP can help extend inventory management functions beyond the ERP base inventory management features and help streamline complex warehouse operations. Accurately track inventory levels, manage stock rotation, and improve order fulfillment. Automate manual systems, such as order picking and packing, reducing the need for manual labor. Reduce the amount of capital tied up in inventory by improving inventory holding costs and optimizing order fulfillment.
Learn more about the benefits of WMS here.