The availability of open-source has benefitted many people. Manufacturing ERP open-source integrates many main business verticals in real-time. Open-source ERP for manufacturing plays a key role in managing the productivity and growth of manufacturing companies. When you combine the open-source technology with the ERP in the manufacturing business, it results in an integrated process that saves a lot of time and expense. With this combination, you can carry out many important manufacturing tasks such as:
· Sales forecast
· Order forecast
· Inventory management
· Maintaining transaction history
· Order tracking
· Revenue tracking
· Matching purchase orders
Open-source ERP software can efficiently manage the departments such as HR, financial, managerial, marketing, sales, etc. Big and small manufacturers can use ERP and optimize the resources. Using this technology, they can integrate multiple systems into a single planning and forecasting system.
By installing the open-source ERP manufacturing solution, a manufacturer can:
· Optimize the processes
· Increase margins
· Improve profitability
· Improve productivity
· Better efficiency
· Strike a link between business actions and profit
· Delightful customer experience
· Assured compliance
One of the best parts of open-source is to use the cloud. Most of the manufacturers migrate their business to the cloud and experience benefits of the cloud service providers such as improved speed and more reliance. Due to this, there is a considerable decline in the expense and at the same time, there is improvement in the efficiency. Modern open-source ERPs are based on cloud technology. So, the manufacturers can access ERP from anywhere, at any time, using any device such as laptop, camera, PC, etc. in the verticals CRM, sales orders, inventory, purchasing, accounting, reporting, etc.
The best benefit of having an open-source ERP system for manufacturing also called Open-source manufacturing ERP is that you don’t need to have a separate system for manufacturing, as you can integrate it all into one platform. So, you can execute tasks quicker and with better efficiency.
Some people think that open-source manufacturing resource planning cannot work for complex procedures and calculations like MRP analysis, forecasting, and advanced techniques. But you must know that in the current open-source world, there are tools that can handle complicated tasks. In the open-source, there are many additional features too that are capable of analysis and efficiency.
While choosing open-source ERP for manufacturing, the manufacturers must consider the following:
· The software the company is already used for manufacturing
· What technologies are being to support the company
· What are the future goals of the company like expansion, upsizing, downsizing, etc?
· What is the kind of budget you have for software installation and maintenance?
· The business processes of the manufacturer – whether it is complicated or it needs a special or technical expertise