Iron and steel enterprises are continuous process-oriented industries. The production of steel is a process of continuous and discrete mixing, undergoing physical and chemical changes. There is a high complication in the overall process. The production premise is severe; having more production equipment, the level of automation is higher. Likewise, there are numerous active equipment, data acquisition systems, and inspection systems. Implementing ERP software for the steel industry will enhance the management of the overall system.
Enterprise Resource Planning (ERP) has been successfully applied in the manufacturing system. With its strong management philosophy and management functions. Consequently, providing strong support for enterprise Informatization.
Why ERP for Steel Industry?
ERP in the steel industry helps companies upgrade and transform. ERP software for the steel industry is one of the important factors driving the transformation of the steel industry. The development of the steel and iron industry has encountered a “bottleneck”. Factors affecting the development of the industry include fair competition in the market. There is an urgent need for enterprise self-development, mainly because the total steel production capacity is greater than the production release. The industrial concentration is low, and the disorderly competition is serious. The innovation ability is insufficient, resulting in poor overall business conditions. Some companies even face difficulty in operating. The Iron Industry ERP can enhance the innovation capability of enterprises. Also, improve their competitiveness, and improve their business operations. The steel manufacturing ERP changes the traditional business model and upgrades the steel industry.
What are the benefits of the ERP system?
- Improve the problem of poor internal information flow
- Establish an integrated information resource management system
- Realize internal resource sharing
- Improve service level and quality of customers to customers
- Improve customer satisfaction and loyalty to enterprises
- Manage sales Cost control
- Improve corporate profitability
- Manage corporate risk control and market forecasting capabilities
- Form scientific management and decision-making system
- Optimize procurement processes and supply chain principles
- Save procurement time and costs
- Integrate procurement management business processes
- Automatically Anomalies in the procurement management of early warning reports
The ERP system in the steel industry is of great benefit to enterprises.
There are many ERP systems on the market today, so what kind of software is suitable for the steel industry?
The ERP of the steel industry has high requirements for the ERP system itself. There are many enterprises involved in the steel industry, and the business scope of each enterprise is different. The conventional ERP system cannot meet the requirements of the industry. As a result, Odoo ERP is one of the widely used cost-effective ERP. Odoo ERP can be customized to meet the requirements of the steel industry. The software can be completely customized according to the nature of the enterprise. The on-demand configuration is done in order to meet the individual needs of all management. Choosing the right ERP Vendor will help in the customization process.
What are the modules of ERP for Steel Industry?
To ensure the full isolation of customer information and to centrally control centralized resources. Guide enterprises to focus on developing high-value customers. Support to Improve customer conversion rate. Centrally control and analyze customer sources, industries, regions, departments, etc. Similarly, it helps the leaders to conduct customer targeted advertising, marketing, and other decision support.
Managing customer handover information. Managing the list of scattered customers and communication records in the past.
The operation planning software assists the enterprise to scientifically control the sales process. As well as quantify the process evaluation mechanism. Subsequently, eliminate the drawbacks of the result evaluation. Establishing a sales control system based on the actual situation of the enterprise is necessary. And systematically enhance the team’s sales combat effectiveness.
To improve the profit of the steel industry enterprises, it is necessary to control the expenses in the “open source and throttling”. The expenses must be closely related to the customers and business traces, and do a good job of “pre-application and post-examination”. In combination, each cost is clearly and clearly used on the cutting edge.
To record the sales to keep track of whether you have received the money and how much you are still owed. Similarly, the sales ledger will always have an account for every customer.
Record customer feedback, complaints, consultation, handling, etc. in a timely manner, continuously improve product service quality, and improve customer satisfaction. Establish a knowledge base of various problems and solutions for after-sales service. So, the steel industry customer service staff can quickly respond to customer service requirements.
The steel industry company manages documents, announcement notices, records, etc. So, this will ensure timely and accurate delivery and feedback of news.
A series of human resource management, such as recruitment, training, use, assessment, incentive, adjustment, etc. To mobilize employee’s enthusiasm, fully utilize the potential of employees. Moreover, creating value for steel industry enterprises and ensure to achieve strategic goals.
Managing sales remittance, receivables, sales invoicing, purchase payment, payable, purchase invoices, etc. Analyzing various financial data to maximize the profits of the steel industry enterprises.