The primary agenda for auto component industry is to leverage their growth through a streamlined integration of different processes in the manufacturing set-up. The modern systems have helped enterprises automate their processes to yield productivity in less time consumed. However, as requirements are topping up, auto component manufacturers are seeking solutions that not only automate processes or integrate firmâ€™s production facilities or meet delivery schedules but do all of them at the next level.
With the economy taking the cloud route, the IT solutions are being designed today keeping in mind the micro-macro requirements of auto component industry. Ramco OnDemand ERP is one such solution on cloud that reduces the soaring operational costs of ERP solutions.
There is no doubt in the fact that auto component manufacturers frequently face challenges that require smart and fast access to pertinent business information. The businesses in this vertical come with the incongruent processes that slow down real-time decision-making inaccurate data.
The inventory is one more area of concern for these manufacturers that cause lack of visibility of stock and an insight of delivery schedules.
Ramco OnDemand ERP fills that gap in the existing ERP set-ups by providing the manufacturers with a well implemented ERP on cloud that covers the entire spectrum of automation in - Inventory Tracking, Order Management, tracking WIP, tracking pending shipments, schedule-based dispatches, customer and supplier portal, material requirement planning, capacity planning, inventory analysis and inward subcontracting.
A recent study suggests the Indian automotive industry has been estimated to be a $145 bn industry by 2016 with projected contribution of 10% to Indiaâ€™s GDP. With aspirations peaked at such a high, the sector needs to look at IT as a key-enabler to reduced cost that aptly aligns with the present growth trajectory.
Posted by: Garima Sinha