eresource Infotech

Inventory & Material Management Module in ERP

Press Release   •   Feb 02, 2016 10:13 IST

Valve manufacturing industry in India is witnessing rapid growth which is very encouraging news for the people who are working on this field. As per the latest statistics as of today the Indian valve industry is pegged at Rs 4,500 crore (with exports contributing about Rs 1,000 crore) and growing at 10-15 per cent annually. Demand for Valves is growing from all sectors, including oil and gas, energy, water, waste water and infrastructure development. Thus, making the industry very competitive. Given the competition for Valves Manufacturers, it is extremely important for manufacturers to have a unified integrated ERP solution that would help them gain operational excellence and help them stay ahead of competitors.

Challenges

Generally, work orders of value are extremely complex in nature with all the orders have different parameters such as its Types, Size, Class, and other measurements. This make the manufacturing of values a complex procedure with lot of customization which need to be engineered and then produced. Outsourcing of Casting work is yet another factor that leads to delay in deliverables.

Stores Module in eresource ERP provides a powerful and flexible set of features to help you manage and report your inventory information. eresource Inventory Management facilitates processes of maintaining the appropriate level of stock in a warehouse. The activities of inventory control involves in identifying inventory requirements, setting targets, providing replenishment techniques and options, monitoring item usages, reconciling the inventory balances, and reporting inventory status. For details:http://goo.gl/LOYiln