Let’s begin with a brief overview of ERP software. Enterprise software assists businesses of all sizes and in all industries with managing and automating day to day business activities. Those activities can including manufacturing, accounting and project management. Because ERP helps employees with tedious tasks, it is important to know what the software offers those who use it on a daily basis.
Both options are truly based on what works best for your company and its employees. Cloud ERP provides flexibility of use. It is hosted by your vendor, so there is no implementation cost or process. You have the ability to access it through any browser of your choice, in any location. All you need is wifi access and you have enterprise resource planning software instantly. This makes it easier for employees who may work outside of your company office.
On-premise enterprise software is all installed and used in the house. This version of the software has a larger price tag because of the implementation process. On-premise software can only be used within your place of work, so there is no option to use it outside of the office like there is in the cloud.
ERP gives you the option to decide which works best for your company culture.
The planning suite allows users to plan capacity and material requirements, manage production schedules and generate accurate statistical forecasts. Here is just what the planning suite can do.
Here is what ERP has to offer within the engineering realm.
With this feature you have the ability to simplify the production of engineered, ordered, planned and controlled products that are uniquely configured or assembled for each customer order.
The bills of material ERP application includes every style of BOM and is integrated with all functions in the supply chain from customer order processing through production costing.
The routings application provides tools that are needed for accurate and flexible scheduling, the basis for work loading and the source of planned cost for direct, indirect and overhead costs.
With this feature you are able to deliver a stand out customer service experience with quoting, estimating, order management, returns, and warranties. Additional information on those features are as follows:
Create and maintain accurate estimates which gives you a better understanding of the relationships between the manufacturing process, costs, and pricing.
Manage your customer-facing applications which include, web collaboration, catalog content and inventory management as well as credit card processing.