Top Features of Automotive ERP Software
Automotive OEMs and parts manufacturers are fighting for survival in an increasingly more competitive global economy. As more substantial players in the industry acquire large companies spin-off parts of the whole and smaller companies, they share one common goal streamlined, efficient operations that maximize profitability.
It’s no surprise then that Enterprise Resource Planning (ERP) systems are booming in the automotive sector.
So let’s look at a few ERP solution features that are most helpful to automotive manufacturers and suppliers.
1. COMPLETE AUDIT-ABILITY
It will provide you the ability to trace parts & components by ensuring that your automotive manufacturing company’s operations are smooth & efficient. Here, you can easily comply with strict government regulations & standards.
You can easily track each sold product & parts, which provides you top-notch after the sale support, identifying & resolving issues if it occurs through the supply chain process.
Automotive ERP system is getting smarter day by day and provides you information on your supply chain activity, inspection, production process, the usage, among others.
In short, the ERP system has a complete track that will tell you everything is happening between deployment & manufacturer of the final product.
2. INTEGRATION WITH MANUFACTURING PROCESSES
Manufacturing support is critical for helping automotive companies and synchronizes their inventory & manufacturing processes.
It will provide you several benefits such as Goal setting by streamlining the production process, Inventory management designed to reduce costs, Expedited production cycles, Inventory reports to track business-critical information.
3. MOBILE COMPATIBILITY
A mobile device is helpful for manufacturing firms in the automotive sector for improving worker productivity & efficiency for staff members to access business information Smoothly through it.
The primary benefit is that you can access the database and business process dashboards remotely — a full-fledged ERP system supported by mobile functionality where your team can access software functions from any device.
ERP products accessible on mobile should come with an application so that the team can communicate & collaborate through the platform when required.
4. FINANCIAL MODULES
A robust ERP system financial modules will help your firm to meet its financial responsibilities from business reports to tax requirements. Generally, you will get all these features in a single system that manages payments, accounting, banking functions.
Many ERP systems offer real-time information and tax contributions. Both can easily enhance your cash flow, will reduce costs, & improve profitability because of clear, timely, & accurate reports.
5. SUPPLY CHAIN MONITORING
A sound ERP system requires to have the ability to provide you real-time data on your entire value chain from production to shipping. It is also able to keep this information in an archive for future reference & audits.
It can easily be integrated into your organization process, allowing quality management features to synchronize & monitor the supply chain process as well.
It can keep a close eye on demand, product supply, logistics, and distribution in real-time can help your company go from being ordinary to remarkably efficient and successful.
6. CUSTOMER RELATIONSHIP MANAGEMENT INTEGRATION
CRM Is one of the important factors that manage to invoice and keep track of the status of all the customers.
A good CRM module will help you out to get information under one roof and allow different teams in different departments such as sales, marketing, customer service support to access the information, enable you to address the needs, preferences, & purchasing habits of your customer.
7. FAST AND SIMPLE INTEGRATION
ERP models need to be effectively integrated with other functions important for the company, such as manufacturing & supply chain. You don’t have to wait for years to begin benefiting from your investment.
Your ERP vendor or consultant must be able to provide a realistic timeframe for an ERP product to be integrated into your company’s business processes and should structure the launch process in such a way as to turn on the faucet for ROI as quickly as possible.
8. ENHANCED INVENTORY MANAGEMENT
Generally, we keep more of the same products in stock that may seem like a good thing for a business, but in the automotive parts business, having excess inventory translates to incurring needless holding costs.
Today’s leading automotive manufacturers are embracing manufacturing approaches that require optimizing inventory & keeping goods with a specific purpose.
Fortunately, the best ERP solutions will have modules for optimizing inventory processes, offering audit ability features for a package, and individual tracking.
You should also check for a feature that enables materials requirements planning (MRP), which allows you to plan the arrival of raw materials just in time for the start of manufacturing or production.
Wrapping-Up
We help you stay ahead of run-of-the-mill automotive solutions by our excellent solutions. We work to enhance the customer experience and make a better customer journey by offering feature-rich solutions.
