Manufacturing Agility is the ability to respond to market changes in a swift and nimble manner. Manufacturing Agility is the key ingredient for survival of any Manufacturing business which is prone to changes in market demands. Manufacturers who can adopt to market changes in a jiffy without compromising on the quality of production often rule their respective industries.
ERP Software can help manufacturers forge Manufacturing Agility in almost every kind of industry having virtually any kind of demand. ERP Solutions can also help manufacturers reduce the lead time of various processes, optimize inventory and forecast market demands.
Most of the small to mid-sized manufacturers rely on their accounting software as the only system to manage everything in their company. Although it works well for some of them, but it clearly fails to offer insights required for Strategic Planning and Forecasting market trends. On the other side a well-integrated ERP Solution can churn data from different departments and Big Data to produce valuable insights into future market demands and can help the management to take informed decisions.
An ideal Agile Manufacturer possesses the ability to quickly respond to market demands like increasing Production due to an upcoming festival or decreasing the Production due to fall in demand due to rise in inflation. The Agile Manufacturer is even able to make changes to the product based on the feedback of the consumers. It is only an integrated ERP Software that can enable manufacturers to have this kind of flexibility and agility in handling sudden demand changes. A modern ERP is loaded with all the necessary features which forge agility such as Capacity Planning and Materials Planning.
Most of the small and mid-sized manufacturers fail to innovate as their human resource is stuck in tedious processes and hardly gets time for enterprising activities like Product Design or Sales. An effective ERP Solution can pull out manufacturers from such stagnation by automating processes and functions that don’t necessarily require any human element. Also, the agility of the manufacturing operations is compromised due to the manual tracking processes, as they bring up unwanted occurrences like data duplication. A comprehensive ERP Solution can provide an integrated ecosystem which can help enterprises avoid data duplication, thus ensuring data integrity.
Manufacturing Agility not only prevents losses due to changes in the market demand but also helps to serve a variety of customers with different types of demand by customizing the manufacturing process. In yesteryears organizations could run well even without an ERP System since market demands were regular and standard. For some financial applications could fulfil the work of an ERP whereas some opted for much specific MRP (Manufacturing Resource Planning) Solutions. However in today’s volatile markets, every manufacturer needs to have a robust and highly integrated ERP in place which enables them to sail swiftly through any kind of market turbulence.
About the author:
Harshit is a PGDM in Marketing and a B. Tech. in Information Technology. He started his carrier with Eastern Software Systems as a Marketing & Communications Executive and has over the years evolved into a seasoned marketing professional with expertise in Digital Marketing, Conventional Marketing and Social Media Marketing. Harshit loves cooking and is always eager to create unique culinary for his friends.