Supply Chain Management: Building the Future with ERP

The digitization of supply chain management is inevitable, with more and more manufacturers and distributors looking to take advantage of the revolutionary advantages ERP systems offer.

Supply chain management is the process of overseeing the flow of goods from raw materials to finished products. It’s an incredibly complex system that includes all of the steps it takes to get a product from the factory floor to the customer’s doorstep.

Today’s supply chain managers are tasked with optimizing every step in this process while maintaining high levels of quality control, which can be challenging when there are so many variables involved.

The supply chain is traditionally managed by a variety of software tools and spreadsheets, which requires manual data entry, often with some degree of human error and lots of room for improvement. With the right ERP system, you can streamline your entire supply chain and gain efficiencies along the way.

Modern ERP systems are more integrated, more flexible and better able to communicate with other systems. As a result, they can handle complex supply chain management issues, from forecasting and demand planning to safety stock optimization.

ERP systems are also being used to manage procurement and inventory. They can establish new business rules around when orders are placed, using sophisticated algorithms and predictive analytics to determine the most efficient way to maintain inventory levels.

The supply chain is one of the most important pieces of the puzzle when you’re considering your business strategy. If you can’t deliver on time or make your customers wait, you’ll lose their trust and potentially their business as well.

A modern ERP system will give you the data-driven tools to stay ahead of your competition. Here’s how:

An ERP system can help you predict demand and optimize production

An ERP system is a valuable tool for predicting demand, optimizing production, and reducing inventory costs across the board. Modern machine learning algorithms let you forecast demand, automate material planning and replenishment, and set up optimized cost-based production plans with real-time data that’s synchronized across all systems within your company.

When you have a handle on what’s happening with your inventory, it becomes easier to predict demand and plan for future orders.

Increased productivity with cloud based sap business one

An ERP system can significantly improve efficiency and inventory management

If your inventory isn’t organized, every step in the process becomes more difficult and time-consuming — not just for employees, but for your customers as well. The longer they have to wait, the less likely they are to stick around!

When everything is in one system, it’s easier for everyone involved in the process to manage inventory, manage logistics, plan production schedules, and track orders and payments. This real-time visibility helps prevent bottlenecks that slow down operations or lead to underperformance from any part of the company.

An ERP system streamlines your business processes by consolidating data from multiple departments into a single platform that saves time and minimizes human error.

You can also use an ERP system to manage inventory levels in real time, minimizing labour costs while maintaining an accurate view of your inventory levels at any given time across multiple locations or warehouses.

Increased efficiency with cloud based sap business one

A modern ERP system can streamline your regulatory compliance process

Regulatory compliance is a major concern for most companies. And it should be. One misstep can lead to enormous fines and even cause your company to lose its license to trade.

The typical supply chain management process is complicated, involving a number of companies, each with their own set of rules and regulations. Adding to that complication, the regulatory landscape is changing constantly, often with little warning.

To add to this complexity and challenge, achieving compliance is critically important — it could be the difference between being able to ship products and losing thousands of pounds in potential revenue.

A modern ERP system can streamline your regulatory compliance process. As rules and regulations change, you need an ERP system that can adapt quickly, ensuring that your business remains compliant at all times. This is one area where a traditional ERP system falls short — it lacks the flexibility needed in a constantly changing regulatory environment.

Supply Chain Management with ERP

A modern ERP system offers Just In Time processes, inventory management, and tracking technology.

In supply chain management, better information leads directly to better decisions.

Just-in-Time (JIT) processes, built into a modern ERP system, allow you to monitor inventory levels on an ongoing basis, giving you data that helps determine when you need to reorder materials so they arrive when you need them — not too early or too late — which improves efficiency and minimizes waste.

With JIT processes in place, you are also less likely to run out of supplies because these processes keep your inventory at optimal levels at all times.

ERP and Intelligent Enterprise

The distribution industry is approaching a major paradigm shift. Many distributors are still using outdated technology, and they’re feeling the pressures of increased competition, tightening margins, and new consumer expectations.

Your customers have come to expect real-time tracking on their packages. They want to know exactly where their order is, at any given time—and they should. But traditional warehouse management systems are not designed for this kind of visibility, making it difficult for you to meet these expectations.

>Upgrading to a modern ERP solution allows you to provide the kind of service your customers demand while driving down costs and increasing efficiency in your business.

The supply chain industry is evolving rapidly. With the rise of ecommerce, factories are under pressure to keep up with increased demand.

To stay competitive, distribution companies need to adopt the latest technology and digitize for the new economy.

A modern ERP system is the only solution that can keep up with this evolution. Today’s leading ERP systems are integrated solutions that combine normal business functions like accounting and inventory management with industry-specific features (like compliance and quality control). These systems enable companies to automate processes, optimize production, and manage everything from anywhere.

With a modern ERP system, supply chain companies of all sizes can take advantage of the latest technology to streamline operations. These systems allow for better collaboration between departments, as well as between companies in a supply chain. Businesses can also take advantage of powerful analytics software that provides insight into every aspect of their operation – from suppliers to customers and beyond.

All of this means increased productivity and better customer service, which translates into higher profits, lower costs, and more satisfied employees.

ERP is no longer just a nice-to-have—it’s a must-have if you want to survive in today’s market.

To discuss SAP Business One for manufacturing for your business, please contact one of our friendly industry experts today!

ERP software for Chemical industry

Chemical companies need to get the best out of their processes with the least investment to maintain profitability and market share. To achieve these objectives, many companies implement specific ERP Software for Chemical Industry.

Chemical production is a dynamic, complex operation. Your goals are to remain competitive in the marketplace and increase profit margins. You need an ERP that goes beyond ERP and helps handle multiple challenges. An ERP software solution that knows your industry is key to remaining competitive and increasing profit margins. — objectives, regulations, compliance — all of these are part of your mission when manufacturing chemicals or products using chemicals or in the chemical industry.

Challenges faced by chemical industry manufacturers:

Today the chemical industry is going through unprecedented change and transformation. The opportunities are vast, but so are the challenges facing manufacturers.

The growth of consumer markets has created new opportunities for the supply of high-value-added chemical products. This growth is being driven by rising population, rapid urbanization, increasing disposable incomes and growing health consciousness. However, this growth has also created new challenges to manufacturers:

Cost pressures: With increased competition pressure, customers are looking at lower-cost products that require less processing and fewer chemical inputs, while at the same time maintaining consistent quality, performance and regulatory compliance.

Production efficiency: To maintain their competitive advantage and increase shareholder value, manufacturers need to improve operational efficiency, increase production output and reduce energy consumption without compromising on product quality or customer satisfaction.

Manufacturing integration: Increasingly stringent regulations are forcing manufacturers to integrate operations so that they can be managed in a more integrated manner and meet heightened expectations from customers.

Business discipline: Manufacturers need to put in place business disciplines to manage the complexity of their operations effectively to remain competitive in the future.

Chemical industry is one of the largest industries, which helps in fulfilling the basic needs of human beings. It also provides different types of chemicals in various industries. The manufacturing companies and chemical plants have to deal with a large amount of raw materials, equipment and finished goods. It is essential for them to manage their inventory effectively so that they can lower down the cost of production.

Lack of transparency across different processes: Due to lack of transparency across the process, it is difficult to manage the data at different stages i.e., while accepting orders, executing orders, delivery and payment processing.

Unstructured data, high manual work: Chemical industry deals with lot of data but most of the data is unstructured like invoices, purchase orders, shipping documents and bills; which leads to high manual work and time consuming for all stakeholders involved in this process like customers, suppliers and government bodies.

Time consuming and prone to errors: Most of the time employees working in chemical plant have to do manual entry and there is possibility for errors.

Unauthorized access and revenue leakage: When data is stored on paper or unorganized system it gives room for unauthorized access and further leads to revenue

With the help of ERP software, you get to manage all these challenges effectively and make a mark in an otherwise competitive Industry. ERP solutions remove the boundaries between functions and allows process integration.

Why the need for ERP software for Chemical Industry?

ERP Software for Chemical Industry is a crucial business application that helps to automate your business operations. It boosts the productivity of your business by providing integrated data and enabling you to work in real-time. Whether you’ve already adopted ERP or are still evaluating software for your manufacturing business, now is a great time to reflect on the best practices for implementing an ERP solution. This will help you save time and money as you plan ahead for implementation.

An ERP system can help you manage the flow of materials, parts and other resources throughout your organization. It enables you to track inventory and production processes in real-time.

In order to choose the right ERP system for your business, it’s important to consider a number of factors, including:

1) The size and complexity of your business

2) The need for scalability over time

3) Your IT infrastructure

4) Your budget

5) The available software solutions tailored to meet your needs

6) The level of expertise that is needed to implement the solution

Why choose SAP Business One as your ERP for Chemical Industry?

SAP Business One ERP for chemical industry deals with innumerable number of formulations, tests, samples, results etc. which need to be recorded and refined for large scale productions.

The quality of raw materials is of prime importance for desired quality products. Strict government and environmental regulations call for additional compliance in the entire production process.

SAP Business One ERP offers you best-in-the-industry tools to drive effective quality management at every level. Here are some features that contribute to smooth functioning of your overall business processes within SAP Business One ERP:

Compliance to government regulations: SAP Business One helps companies fulfil the regulatory requirements such as those mandated by industry and government agencies.

Batch/lot wise inventory management: The batch/lot-wise inventory management feature enables chemists to maintain separate inventories of raw materials, intermediates and finished goods, while ensuring that they are available at all times.

Formula management to track quality: The formula management feature of SAP Business One allows companies to keep track of every chemical formula and its ingredients.

Quality Control at various stages of production: SAP Business One’s Quality Management module enables users to track the quality of inputs, processes and outputs throughout the production cycle.

Accurate cost accounting for products and by-products: Companies can use this functionality to create cost accounts for every raw material used in production.

Shelf-life tracking of raw materials and finished goods: The shelf-life tracking feature allows companies to keep track of the expiry date of raw materials used in production and alert employees when it is time to replenish them.

Complete visibility of critical business parameters in form of drill down dashboards: Users can easily access key information related to their business at any time.

SAP Business One provides modules that are designed, configured and integrated with step-by-step ease, as per the unique requirements of Chemical Industry. SAP Business One for Chemical manufacturers helps to integrate and streamline critical business processes such as Procurement, Inventory Management, Supply Chain, Logistics, Production, Asset Management & Plant Maintenance in a cost-effective manner.

SAP Business One ERP can help you streamline your business processes and reduce cost significantly. You will be able to produce high quality products at lower costs, thereby increasing your profitability.

Signum Solutions is as SAP Business One Gold partner that offers solutions across a broad range of industries. Our business solutions empower you to make the most of your SAP investment and transition your business into the future. Contact us today for more details on how we can help.

Food ERP – Fuelling Your Business

Food ERP software has been growing in popularity over the last decade as the need to reduce the time spent on petty tasks, maintain regulatory compliance and ensure food safety have become more attractive.

Today’s leading food and beverage professionals need a platform that provides them with valuable insights into their business. And they need it all in an easy-to-use form at the push of a button so they can quickly respond to the largely unfixed challenges of this demanding industry.

Food and beverage can be one of the most complex industries. The food and beverage industry is intricately wrapped up in product design, production, marketing, business management, finance and much more.

In order to fuel the progressive engines of your business, you will need a specialized ERP platform that can manage all these processes seamlessly together so they work in perfect harmony to fuel your business from the inside out.

You’ll find a comprehensive guide in this article that will teach you everything you need to know in order to begin leveraging a food and beverage ERP for your organization today!

What is Food ERP?

Food ERP stands for Food Enterprise Resource Planning, which can be roughly translated into English as “food ERP allows food manufacturers to better satisfy customers and increase profitability amid an unpredictable market.”

A food ERP system is a suite of integrated software that manages and analyses all aspects of your business, from manufacturing and storing products to production and sales. It allows you to streamline processes, implement new technologies and optimise managers’ effectiveness so everyone has accurate, up-to-date information at their fingertips. Food ERP solutions collect data from anywhere in the supply chain – from your factory floor to your checkout point.

Food ERP solutions provide businesses with everything from your shipping and receiving, offset label design and printing all the way through to tracking inventory and managing point of sale transactions. This type of system enables you to digitize and automate every process in the supply chain so you can scale your business 24/7. Through its data-analysis capabilities, food ERP also allows you to gain valuable insight at every step in the process so you can align your operations to increase efficiency and product quality—fostering a culture of quality that boosts attention to detail and customer satisfaction.

Who can benefit from a Food ERP solution?

Food ERP solutions are great for businesses of all sizes, including but not limited to fresh produce, meat and seafood, dairy, bakery, confectionery, sauces and dressings, spices and ingredients, frozen and prepared packaged foods and all beverages.

There’s no doubt that ERP systems help businesses achieve their strategic objectives. However, if you need to get on board with an ERP solution, whether you’re a growing SME or a midmarket company with hundreds of employees, you’ll quickly realise that there is no substitute for experience in this field.

Food ERP software has been developed by industry experts with years of experience implementing and running successful solutions…which means that your food ERP system will have all the bells and whistles you need to maximise productivity and profitability.

Signs you need a ERP solution

One of the biggest reasons small food and beverage businesses often fall short in efficiency is because they don’t have an efficient way to track their business data. Having an electronic system to manage your records keeps things straight, helps you make faster decisions, and allows you to focus on focusing on what it is you do best – running your business.

If your business is encountering any of the following issues, then you should put a food ERP solution in place:

Poor customer satisfaction

If your product quality is slipping or shipments are delayed or missed, you’ll lose customers. If you don’t have the right data, you can’t find out exactly why things are broken, and what needs to be fixed

poor customer satisfaction

Decreased sales

Low sales productivity and lack of motivation can hinder your ability to achieve your company’s objectives and implement the necessary processes. Salespersons need an efficient and effective resource that provides all the data and resources they need—data that is readily available, delivered in an ERP solution.

Food ERP dashboard Sales chart

Data discrepancies

When the answers to critical questions are different depending on where you look and who you ask, there is a problem.

Data chart

Low yield, high waste

If your company’s core process is producing less value than it should, there are likely inefficiencies. You need to zero in on the root causes and make sustainable improvements.

Food ERP blog Recycling logo

Lack of demand forecasting

Without forecasts, you can be forced to deal with unsold products that will go bad. Without forecasting done ahead of time, you’ll face the same problem repeatedly.

Food ERP Demand Forecasting

The longer your company relies on outdated processes, the further behind you will fall. If you use outdated methods, you’ll have trouble keeping up with other companies and will lose the attention of your customers

Benefits of Food ERP

If you put a food ERP system in place at your food and beverage organization, it will allow your employees to carry out their responsibilities with precision, in alignment with your key initiatives.

Here are some of the benefits of implementing a food ERP in your business:

Higher yields

Food ERP helps you maximize the efficiency of your production lines. In practical terms, this means running more of what you’re making and working on less of what you aren’t. Food ERP lets you take control over recipe creation and item utilization to gain a greater focus on maximizing product yield rather than amassing hours spent managing manufacturing schedules.

Better consumer experience 

It will give you more visibility into key metrics, which should make it easier to produce consistent, high-quality products.

Assured regulatory compliance 

your business must meet the latest of food safety regulations. Successful ERP solutions can track all of your processes, ensure your food always meets your customers’ expectations, and give you the extra capacity you need to do all that.

Excellent food safety and recall readiness 

ERP makes it easier to track and manage your inventory, and that means you can quickly and effectively create and manage a recall so you can avoid losses from accidental spoiling.

Streamlined processes 

More than 90% of food companies use automated processes. Use automation to simplify workflows and accomplish more in less time. Automating your processes can reduce human error, increase productivity, and result in cost savings.

Greater efficiency 

Identify the shortcomings of your processes and correct them with robust data.

Why choose SAP Business One as your dedicated industry ERP

SAP Business One Food and Beverage Industry Edition is a powerful, full-featured solution that’s especially designed for food and beverage companies. It also simplifies the design and operations of these companies by streamlining tasks, centralizing data, and eliminating unnecessary time-consuming processes.

SAP Business One is the ideal platform for food, beverage, and produce companies that need to carry out food safety programs. With powerful inventory controls, warehouse management, and recall features, SAP Business One helps operations run simple and boost profits.

SAP Business One also helps ensure food safety by processing critical data, organizing parts of the supply chain into standardized processes, identifying threats to food safety, and making senior executives aware of all of this information

Get your business growing with SAP Business One

Food Manufacturing Software: What Makes it Unique?

Food manufacturing software is becoming increasingly important. As consumers become more informed about where their food comes from and how it was produced, they are becoming more demanding. As a result, businesses need to find ways to become more agile and efficient in their production.

Food manufacturing software is designed to help manufacturers manage every aspect of the process from recipe development to supply chain management. The challenges involved in producing food are vast and complex. A food manufacturing software system must be able to address all of these issues and more in order to streamline your operation.

The right software can help you save time, money and resources, as well as improve the quality of your finished goods.

Let’s take a look at five reasons why your business needs food manufacturing software:

Organic food - raspberries and vegetables

Ingredient Declaration and Allergens

Food allergen management is a large part of food safety management. A lack of accurate ingredient declaration can cause confusion among both consumers and staff, leading to product recalls. Food manufacturing software offers a solution that stores allergen data and generates ingredient declarations for pre-packaged goods.

Selection of sweets, food manufacturing

Batch Traceability and Recall

Food manufacturing is complex. With multiple ingredients, suppliers, and people involved in the process, food recalls are almost inevitable. What’s more, sometimes they happen without anyone realizing what happened or how it happened!

This is why organizations need to make sure they have the right systems in place to manage their products at every step in the process.

Food manufacturing, Cheese

Recipe Management

One of the key parts of working in the food manufacturing industry is product variation. This is because there are different ways that ingredients can be combined to create a finished product. When creating formulations, the recipe management software should therefore be able to manage this variation.

However, it’s not just good enough to be able to record recipes, what you also need is recipe management capability so that you can create percentage-based recipes which include scrap and yield, co-Product, by-product, and scrap management so that you can manage product variation as a result of the production process.

Bottles in manufacturing plant

Quality Control

Food manufacturing in the modern world is a complex business requiring different departments working in tandem to produce top quality products with maximum efficiency. Quality control management needs to be an integral part of the overall business strategy to ensure product quality.

Quality control in food manufacturing software is used by manufacturers to ensure that products reaching the marketplace meet their unique standards in terms of taste, appearance, texture and safety. When the quality control process is performed properly it helps to reduce costly recalls due to faulty products reaching the consumer.

Food manufacturing, Cakes

Batch Date and Quality Status Control

Food manufacturers are looking for software to automate their processes. As manufacturers often have to meet several global or regional regulations, these companies are constantly looking for ways to improve management of food safety and quality.

One of the most crucial processes in food manufacturing is the date control process. The primary purpose of batch date control process is to ensure that foods are safe, useful for consumption, not adulterated, free from deterioration, and do not require further processing or disposal due to spoilage after the target shelf life.

Software helps to manage all the data related to Food Batch Data Management, Expiry & Shelf-Life control, Quality Control Inspection and Certification with customer, supplier and production batch number numbering.

Choosing the right software to bring your business to the next level can be tough. With so many options out there, it’s important to evaluate each software based on its functionality and price.

A good software solution will optimize your business process and streamline operations. Here are our top 10 requirements to look for when choosing a software solution for your food manufacturing business:

Batch Traceability and recall

Ingredient declaration and allergens

Batch date and quality status control

Material consumption

Quality control

Recipe management

Yield planning and analysis

Compliant management

Scheduling

Certificate of analysis

Top 10 ERP Manufacturing Requirements for Food and Beverage

Food manufacturers like you are unique business owners. Food manufacturing businesses deal with the unique challenges of consumer concerns, regulations and sustainability reporting.

But, by using SAP Business One for Food and Beverage Industry Edition from Signum Solutions, food manufacturers like you can gain visibility into your processes and product information. You can then better manage your inventory and costs, optimize your production cycle times and monitor food safety regulations to ensure compliance.

As a result, you improve profitability while providing safe products for consumers.

To discover how food manufacturing software, like SAP Business One can benefit your food business, contact us for a no-obligation consultation. Telephone 01244 676 900 today!

Distribution ERP for Efficient and Effective Performance

Distribution ERP is a vital part of distribution business and helps distributors in increasing the efficiency as well as effectiveness of their business.

In today’s fast-paced world, efficiency and effectiveness are now expected of all distribution systems at all times. Many distributors already use ERP (enterprise resource planning) systems to manage their shipments, inventory, accounting, CRM (customer relationship management), and more.

ERP software is commonly viewed as a mainstay of industry as well as something that should be useful in optimising operations across the board. Thus, it’s easy to assume that most distributors will take advantage of this technology as part of their operations.

Here are five reasons why you need ERP software if you’re in the distribution business:

Increased Demand Planning Capability

Today, most distribution ERP solutions are delivered with a built-in demand planning module that allows you to do demand planning at a very low cost. The module provides built-in reports that show forecast accuracy, the deviation from the actual forecast and how it affects your inventory.

An inbuilt forecasting module assists you to make educated decisions regarding inventory levels and potential purchase orders. Planning with actual historical information from your sales team will help you improve your forecasting ability.

Inventory Management

As important as efficient operations are in a business, effective inventory management is key to sales and success. Companies may think that advanced forecasting and sophisticated reporting means they can make accurate decisions about the inventory they carry.

Inventory that is not aligned to demand can lead to a drop in sales turnover and the need for more space in the warehouse. Moreover, over- stocked inventory results in increased costs and lost profit potential.

Distribution ERP maximises inventory efficiency. It makes sure that you find the right product in the right place at the right time.

Supply Chain Management

An ERP software streamlines the supply chain and automates various processes, creating efficiency and reducing wastage, as well as tracking the stock. This removes all the human errors, adds transparency, reduces time spent on data entry and reconciling and speeds up your business processes overall.

Without an ERP, it can be difficult to trace a product from its origin to each stage of its lifecycle. Distribution Enterprise Resource Planning (ERP) software is very important in today’s world. This software plays a major role in growing businesses through increased productivity and lowering operational costs.

Reduced Operating Costs

Bringing down the operational costs by adopting an ERP solution can result in significant benefits for any business. In wholesale and distribution businesses, where a large number of transactions are taking place daily, processes require to be automated across different functions like financials, operations, logistics and warehouse management.

The cost savings from implementing a distribution ERP solution are many. It also makes running a business easier as all critical functions are integrated into one system that is easily accessible on-the-go.

Enhanced Quality Control

You can manage your inventory with an ERP solution, keeping a detailed record of all your products. By tracking and reporting lot numbers, batch numbers, and serial numbers, you’ll be able to identify issues as soon as they arise.

With a comprehensive view of your entire warehouse, you can keep an eye on quality control across all your products.

Conclusion

No matter what kind of distribution business you operate – from wholesaling to e-commerce – the goal is to sell and deliver products efficiently and effectively.

Of course, survival requires both, but efficiency is the name of the game since distributors that waste money are more likely to see shrinking margins in an ultra-competitive landscape.

ERP software can help distributors save money and improve efficiency, allowing them to run and grow their businesses more effectively.

Our Distribution ERP system is a proven and scalable solution for your business. If you want to maximize your profits and minimize your costs, then act now—we can help you reach every goal with the most effective, user-friendly platform available.


Contact us today! 

How chemical manufacturing ERP solves industry challenges

Chemical Manufacturing ERP – the solution that combines proven technology with a flexible structure.

As an industry, chemical manufacturing faces unique challenges. You need to make important decisions fast with so much on the line. Though each chemical manufacturing business has different needs, most have similar software challenges.

Here’s how a chemical manufacturing ERP solution can meet your business challenges.

Managing the supply chain

Having a clear framework for gathering and sharing information about the entire supply chain can help you prepare for disruptions and quickly respond to changing customer needs. Using a chemical manufacturing ERP helps you prepare for any disruptions and gives full visibility across your entire supply chain.

Adhere to compliance and demand

Chemical manufacturing companies can expect to face a variety of changing regulations and customer demand. Failing to comply with global laws and regulations is a serious matter that could jeopardize the success of your supply chain, reputation, and bottom line.

By implementing a holistic view of your operation, you can be sure your supply chain is meeting all regulatory requirements in a safe, secure, and optimal manner.

Data management

As a chemical producer, you need to generate accurate reports quickly, ensuring that your business can respond to the requirements of its customers in just the right time. That is where an ERP system can help you.

Chemical Manufacturing ERP software enables companies to maintain a comprehensive, real-time view on relevant business processes and make their data more flexible and informative.

Recall and quality audits

It is really not a simple job to manufacture chemicals. Every step of that process is crucial in producing the desired product in the required quality. It deals with chemicals, which are inherently unpredictable.

Chemical companies must rely on data from operational processes accurately and capture it correctly. If they must recall products, they must be ready for it.

To be prepared for a quality audit, chemical companies must integrate traceability data across the business that should be made accessible to various stakeholders such as suppliers and customers during the

Using a chemical manufacturing ERP software solution with good controls can help lessen the burden of auditing for many organizations.

In today’s competitive business world, every business leader is aggressively searching for a way to gain an edge on the competition. One underutilized strategy is to streamline and automate your company’s information technology capabilities.

By investing in a chemical manufacturing ERP solution for your company, you can improve efficiency, reduce costs, get better data analytics, and increase overall profitability.

With access to advanced manufacturing analytics and the power of real-time data, you can stay ahead of the competition by getting closer to customer buying trends, vendor relationships, and industry regulations.

The SAP Business One solution for chemical manufacturers and distributors is an integrated industry platform. With it, you can track the entire shipment cycle—and beyond. You can also streamline many processes involved in running a business and integrating your enterprise systems. Find out more here

Key benefits of ERP for Food and Beverage

There are a number of benefits as to why the food and beverage industry should be using an ERP system for their business.  These are a few reasons as to why every Food and Beverage company should have an effective ERP:

Regulatory Compliance and Reporting

There are numerous food safety risks that regulatory regulations are trying to control. Capturing and maintaining data involves different sets of people in your organization, especially from the production side. It’s important that you have a system that tells you how, when and where of safety-related information.

With the right software, managing food safety compliance is a breeze. ERP systems for Food and Beverage must have the capability to record real-time data in various aspects of supply and manufacturing during production and be able to store data for future retrieval.

Remaining compliant is vital to protecting your reputation, your customers, and your team members. Using an ERP solutions that’s integrated throughout your business helps to ensure communication and compliance.

Quality Management

Quality management is a crucial element of compliance. ERP systems for Food and Beverage must be able to record real-time data in various aspects of supply and manufacturing during production and be able to store data for future retrieval.

Food and beverage manufacturers must follow strict safety protocols when preparing their products for consumption. Only an ERP solution that provides real-time quality, regulatory compliance, traceability, and collaboration can ensure that these issues are properly handled.

Process Manufacturing

A food and beverage process manufacturing ERP system will help you track every step from the preparation of raw ingredients to the finished stage of production. The menu management, product tracking, portion control and factory line automation capabilities of a quality ERP system for food and beverage will increase efficiency and maximise profit. In addition, you can increase responsiveness to customer orders by improving flexibility with accurate inventory controls.

With ERP integration to the back-end operation, food and beverage manufacturers can streamline workflows, increase data transparency, and make more-informed decision at every step of the value chain.

Sales And Inventory Management

Food and beverage businesses typically also need to manage inventory in a highly complex way. Whether processing a single transaction or millions, the ERP must support the nuances of regulations concerning food safety, drink quality and control. The software must also provide advanced capabilities for managing both raw materials and finished goods across a network of suppliers and distributors.

Supply chain visibility and the proper goods-to-person distribution system are two must-have features for a food and beverage ERP solution. These functions meet both food safety standards and efficiency goals, not only in terms of time but by eliminating waste

Integrated Financials

Integrated financials are the key to successful business management. Besides providing for better informed decision-making across your business, they safeguard against unscheduled exposures and contribute to an increase in profitability.

An ERP system for food manufacturers can also include capabilities for collaborate planning, inventory management, supply chain management, and business intelligence. The food manufacturer solution in an ERP platform will typically reveal high-level data about the company’s sales figures, materials management, production levels and inventory levels to enable better decision making — for the benefit of the entire business.

Food manufacturing companies don’t have to guess when it comes to big-picture management. Proper food manufacturing ERP can provide all of the information you need to make the right decisions — now and in the future.

The ability to integrate your financial information across different divisions of your business is key to success.

In Summary

Acquiring and keeping a lead in the highly competitive food industry is beyond difficult. ERP is a tool to view and manage multiple aspects of your operations from multiple perspectives, time periods, and locations.

The right food manufacturing software can make all the difference between a successful and failed enterprise. Without the right tools, you won’t be able to compete, grow, or respond effectively to changing conditions. Without the right ERP for food and beverage production, you’re taking on a nearly impossible challenge.

To learn more about how a Food & Beverage ERP solution can help you stay ahead of the competition, click here.

Benefits of ERP for the chemical industry

There has been a lot of talk about the benefits of ERP for the chemical industry as it is heavily dependent on inventory and financial management. If you are looking for more information on ERP for the Chemical industry, then keep reading this article where we discuss the key benefits of ERP for chemical companies.

Today the chemical industry is facing global demand, development of new technologies and regulations. These stringent demands for efficiency and cost control make it imperative for chemical companies to streamline their business processes, use appropriate technology assisted decision-making, and handle a greater volume of data in a quick and efficient manner.

In this scenario, they need to choose the right enterprise resource planning software for their needs.

Obviously, every industry has its own unique challenges and requirements, though the chemical industry is particularly unique. These companies face the highest degree of volatility because their end products are so dependent on demand. The dramatic swings make for a high-stress environment, in which their ability to control business operations is severely limited by flexibility challenges in legacy systems that become an impediment to being nimble and agile.

This article looks at some of the features and functionality an ERP solution for the chemical industry must have to help your enterprise stay competitive in the face of a challenging business environment. It also contains valuable insights into benefits obtained by implementing an ERP system in your chemical business.

Lot Traceability and Recall Management

Traceability and recall management are very serious concerns in the chemical industry. You could be held legally liable for any harm that your products cause to people or the environment if you do not have a solid traceability plan in place.

The process of importing and exporting chemicals can be difficult, especially if your company deals with multiple countries spreading over several continents. It is essential for organizations in the chemical industry to have software tools that can support their complex supply chains and help them meet strict regulations.

A Chemical ERP system that supports full life cycle tracking of chemicals and materials is critical for companies working with multiple suppliers, raw material consolidation and large inventories.

Having the ability to track your chemicals and materials from shipping point to end application will help you comply with these regulations.

Optimise Supply Chain and Production

Chemical manufacturing is a demanding industry. A lack of transparency and visibility from the supply chain to the production line can slow down business processes making it difficult to meet customer demand.

A lack of supply chain transparency and visibility is the cause of many production problems within the chemical industry. This can be addressed by using a robust ERP system that delivers real-time data, such as materials resource planning (MRP) and product lifecycle management (PLM).

Using an ERP system is a great way to improve the efficiency of your production processes. An ERP solution is designed specifically for the chemical industry and allows you to have a real-time view of your production performance and assets, resulting in less bottlenecks and increased visibility. This results in meeting customer demand much faster and better.

Regulatory Compliance

The chemical industry needs to comply with numerous local, national, and international regulations. Due to the high safety risks involved in chemical production and handling, technology has been a vital part of how the industry operates since its inception.

Compliance is particularly important given that industrial accidents in this sector potentially have immense consequences for public health and safety.

Chemical manufacturers need to have solutions that ensure public and worker safety. They also need regulatory compliance modules, which can test temperature, warehouse conditions and other factors of ingredients, mixes and final products. They must gain reporting capabilities to meet compliance requirements.

Today’s enterprise resource planning systems (ERP) leverage automation tools that use robotic techniques to maintain compliance with rules and regulations. Like any business involving hazardous materials, the chemical industry must be in compliance with strict rules governing the transportation, storage, handling, usage of chemicals and their proper labelling.

Formulation

The biggest challenge in the chemical industry is having accurate measurements, concentrations, potentices, qualities and reactions of raw materials.

However, with a Chemicals ERP Solution, you gain the ability to establish and maintain a formula management system. You can track both the quantity of raw materials on hand and in order to minimize material costs while meeting strict production deadlines.

When it comes to manufacturing and distribution of chemicals, you can’t afford to be off by even a fraction of a percent. That’s why the right ERP solution is so important.

To learn more about how a Chemical ERP solution can help you stay ahead of the competition, click here.

Increase supply chain transparency with ERP

Supply chain transparency is a business process that involves increasing the flow of information across an organisation from any stage of the supply chain. The aim is to increase your transactional integrity with customers, suppliers, and external partners.

This can be achieved by implementing an Enterprise Resource Planning (ERP) system which can help you achieve organisational growth and profitability.

ERPs can have many positive effects on the transparency of a supply chain such as:

  • Inventory management
  • Complete lifecycle, field to fork traceability
  • Real-time reporting
  • Materials Requirements Planning (MRP)
  • Ensuring compliance and quality

Supply chain transparency requires visibility, which comes from managing all aspects of it in one area. With an integrated enterprise resource planning (ERP) solution in place, your business can have a single source system to manage order details, shipping and tracking information, finances, and invoicing.

This not only gives you better visibility into your orders, but it also gives you the ease of talking to your customers with greater confidence about their orders. Plus, managers and upper management executives have a greater oversight into every part of the supply chain with an integrated ERP solution so they can identify issues and find solutions much faster.

When it comes to supply chain management, your company has a lot of different variables to track. If any one piece falls out of the equation, you can easily end up losing profit. The best way to make sure that doesn’t happen is with ERP, or enterprise resource planning. By automating your supply chain and freeing up employees’ time for other tasks, you’ll be able to cut costs — and enhance profitability.

Supply chains are extremely complex, and businesses traditionally have had little access to data surrounding them. This makes it extremely possible for companies to track and trace materials, finished products and services from source all the way through to destination, wherever they are in the world.

Gaining transparency in your supply chain represents a real step forward towards enabling your business to achieve greater levels of operational efficiency.

ERP software has been the best solution for businesses looking to increase their supply chain transparency in order to make more informed decisions in real time.

Summary

Transparency is one of the most important benefits companies receive when they implement a solid ERP system. It’s easy to understand why supply chain transparency can be beneficial, but there are many unique ways in which it offers value. By automating the way an organization processes orders and manages inventory, supply chain transparency is achieved. Regardless of if a company sells through retail stores, online, or both channels, supply chain transparency allows them to comply with customer demands and industry regulations in the most efficient method possible.

Signum’s SAP Business One solution is an Enterprise Resource Planning (ERP) system that allows you to stop being in the dark about your supply chain. We help you connect your enterprise to suppliers and customers seamlessly, contact us for more details

Food Manufacturers: 5 Ingredients For A Post Pandemic Business

Post-pandemic, food manufacturers will have to turn their attention to providing a safe supply of food, improving the health of their employees and meeting customers’ demands for more sustainable products.

While many companies have suffered immense financial and reputational loss during the COVID-19 pandemic, those that have had reliable safety standards in place have been able to sustain normal operations through timely implementation of technological advances.

But with the global pandemic of COVID-19, it’s fair to say that every food manufacturer in every country has had a bit of a rethink about their priorities.

There are five key ingredients that can help food manufacturers in the post-pandemic market: Demand Planning, Food Safety, Employee Health, Digital Technology, and a Resilient Supply Chain.

Demand planning

Today’s food manufacturing companies need to know how to harness the power of data and technology. How can you keep up with changing consumer purchases so that your company thrives? One solution is to utilize new technology and tools for analysing data and finding trends. Today, there are many companies specializing in supply chain and enterprise resource planning (ERP) software solutions. These systems offer businesses a great opportunity to monitor market conditions, make critical decisions, and stay ahead of the curve on production.

Food Safety

Food safety is a clearly vital component of all food manufacturing businesses, and it’s also something that plays a huge role in the minds of potential customers. And that emphasis is only going to continue: Businesses will have to be able to source their ingredients, and then track the movement of these ingredients as they move along the supply chain, before being cooked up and delivered to an end customer.

When utilizing an ERP system, food manufacturers can improve performance and operate more effectively. An ERP system can help to ensure product quality through the proper storage and preparation of ingredients. Food borne illnesses are also reduced, which helps to ensure the safety of the consumer.

Employee health

Early in the pandemic, with a little common sense, the workplace could be kept safe and employees healthy. However, during the height of the pandemic, when widespread school and business closures were being considered, everyone—public, organizations, or private parties—looking to minimize employee contact and exposure will have to rethink how they deliver employee health services and seek solutions that rely on training and education rather than tools to protect you from transmissible diseases.

With an ERP solution, when a worker falls sick, you have complete visibility into the products, equipment, and other employees he/ she came into contact with, allowing you to understand the risk involved and take preventive steps.

Digital technology

Working from home is now necessary for many employees, and that places a greater need on the ability to manage your systems remotely via cloud-based solutions. Whether your business had already begun the process of embracing these new tools, a ramp up is likely still in order.

The potential of a workforce working from home is both exciting and, in some cases, concerning. While the benefits of a distributed workforce are significant, there needs to be a comprehensive strategy to ensure everyone has access to the systems they need from any location. The availability of cloud-based ERP solutions makes it possible to manage resources and track productivity from anywhere

Resilient supply chain

The world is going through a period of unprecedented food crisis; one which has gripped us with fear as to how this will affect household economies, and in particular, the ability to provide daily bread to our families. The recent restrictions during the coronavirus epidemic have greatly affected the flow of food from the farm to the fork.

As a way to better provide for their customers, food manufacturers are work with ERP solutions to determine the best way to proactively meet customer demands. By streamlining order-to-cash processes companies can stay flexible and keep their customers happy.

Now more than ever, food and beverage corporations are accountable for satisfying their customers. At Signum Solutions, we understand your challenges and can help you build a solid information technology foundation so your organization can deliver the best products and services to meet consumer demands.

Signum’s SAP Business One Industry Edition for Food and Beverage manufacturing provides everything you need for inventory management, production scheduling, decision, result tracking, reporting, and more – visit our Food and Beverage Industry page to learn more.

 

Avoid Food Fraud by Keeping Track

Food fraud is the deliberate substitution, addition, or tampering of food with the intention to deceive consumers. Food fraud can be used as an umbrella term covering different types of food crime offences which covers all organisations that are part of the production process – growers, manufacturers, suppliers, and retailers. Such offences include the substitution of ingredients, lowering the quality of ingredients, additions to foods such as water or fats which have no nutritional value or passing off a product as organic but not meeting organic standards.

Food fraud occurs when discrepancies are found in food supply chains, including harvesting, processing, storage, and transport. These discrepancies often go unnoticed because most companies use outdated methods to ensure the quality of their products.

Top food and beverage companies are increasingly demanding traceability as a way of preventing food fraud. While the focus of traceability is on specific ingredients, lot identification technology can allow companies to track not only ingredients but also the final packaged product in the supply chain, from the farm through to consumption on the retail shelf.

Implementing a capable enterprise resource planning (ERP) system is the best way for food companies to identify food fraud. In an ERP system, all aspects of food production are connected together. If a discrepancy is found in one part of the system, it will be reflected in other parts of the system as well. This integration makes it easy for companies to detect fraud and prevent liability lawsuits from occurring.

By joining forces with an ERP system, food companies can better identify fraud at any point during production, processing, or delivery. If the database is integrated with a scanning system, every time a product is scanned, the details of the transaction will be cross-referenced against the wholesaler’s pricing structure for that inventory item. As a result, audits that were once painful and difficult to conduct can now be done without significantly impacting productivity.

Food fraud is a real problem and one that must be solved if food companies are to regain the public’s trust. By adopting an ERP system (enterprise resource planning system), food companies will know instantly where their products are at any point in time.

By adopting the latest ERP solution, food fraud and contamination can be eliminated through real-time data analysis and automated alerts, providing peace of mind for both manufacturers and consumers.

Designed with your industry in mind, Signum’s SAP Business One Industry Edition for Food and Beverage enables you to trace the path of ingredients, assets, and other movements from supplier to consumer. Our food and beverage solution helps you identify food fraud issues from the ground up.

SAP Business One provides food companies high quality information to help them manage and understand the risks associated with their business. With complete traceability, safeguarding the authenticity and quality of products becomes much easier as records can be tracked back to suppliers and prior lot information. SAP Business One helps you maintain optimum levels of stock to eliminate waste and ensure competitiveness in the marketplace.

Make food fraud a thing of the past. Get the most efficient software and the most experienced team in the industry. Contact us today to get started.

Are You Alerted to Food Recalls?

Food recalls are devastating. They can tarnish the reputation of your organization, expose your company financially, and even put lives at risk. The food safety industry is constantly evolving to keep up with the latest technologies that are impacting the way we grow, harvest, process, transport, and distribute food products.

It’s safe to say that many Food and beverage brands have learned the hard way: It’s easier to prevent contamination than to recall and repair contaminated products. Although recalls affect a relatively small minority of food and beverage businesses, they are more costly to business operations than you might think.

Unfortunately, Food recalls are often the cost of doing business. They hurt your brand, your customer’s health and can damage your bottom line if customers stop trusting your brand altogether. For these reasons, food recalls must always be on the top of your mind because you must always be able to: Share, Track, Automate and Respond (STAR)

S – Share information with vendors in your supply chain

T – Track your products

A – Automate and collaborate

R – Respond quickly to changes in regulatory compliance

Traceability has never been more important in the food and beverage industries. Over the past decade, high-profile recalls and foodborne outbreaks have educated consumers about the importance of knowing where our food is coming from.

So, when it comes to food, your customers expect nothing but the highest quality. Recalls are an unfortunate reality that businesses must be prepared to handle. Whether or not your company has had any recalls, ensuring you’re ready if this scenario occurs is a priority.

A product recall can have a devastating impact on a company. No one wants to have to remove a product from the shelves. By implementing stricter standards during production and utilizing ERP software, food producers and suppliers can ensure that they are producing and supplying the highest quality products for their customers.

Good companies need to be ready for anything. That’s why forward-thinking manufacturers can help prepare for and reduce recall risks by utilizing several important features in ERP software—including supplier management, inventory control, and reporting. Using the tools at their disposal, a company can mitigate liabilities and protect their brand to turn a potential crisis into a future filled with opportunities.

By implementing systems that ensure the mandatory checks and balances are met, food and beverage companies can avoid costly product recalls and with the right ERP (Enterprise Resource Planning) solution in place, you’ll be able to spot contamination and handle recalls much quicker.

Most industries have specific software, and the food manufacturing industry is no different. As one of Europe’s most trusted enterprise resource planning (ERP) solutions, SAP Business One provides all the software you need to run your business, including functionalities like stock management, production management, purchasing, and accounting that are particularly useful for food manufacturing businesses.

With SAP Business One Industry Edition for food and beverage, you give yourself the tools you need to see and track products all the way from the farm, through manufacturing, and on to delivery. You will be able to respond quickly if a foodborne illness or laps in government inspections occurs, and remain confident in your ability to provide safe, quality products to your customers.

To better understand the benefits of implementing an ERP solution in your food business, contact us today!