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The transition from the Industrial Age to the Information age has made a revolution in both the Industrial Sector and the Information industry. Both have become complimentary and mutually exclusive. Though both have different growth strategy one could see each industry assisting the growth of the other and subsequently sustaining a parallel growth path.
Monopoly in the course of time could a unheard of. Competition is the real buzz word which will decide our presence in the map and how do we react to market situation. Constant update and up gradation of technology is the only way to retain yourself lest you are an easy predator for the competitor’s growth plan.
Proving yourself on the basic parameter of the competition theory like Quality & Pricing one has to be well informed about the customer needs. A strong decision can be made through dissemination of various factors like cost of input, man power cost, manufacturing cost, inventory holding, marketing expenses and cost on after sales service. Inventory holding is a major risk for companies of huge investment. More thrust on the application development was envisaged in Production Planning. Cutting plans, WIP requirement management and Production Process planning to accommodate multi companies and multi department was developed.
We need strategy in every activity to be more competitive.
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Product Sourcing Strategy |
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Make of Buy Decisions |
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Production line strategy |
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Increase in Cycle time |
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Reduction in Man power |
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Optimum utilisation of Resources |
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Time Management and Deliverables |
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Inventory Holding strategy |
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Sales and Marketing Strategy |
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Customer retention Strategy |
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An overall ERP solution has been provided to ensure seamless capture of information of resources from all sources. This not only enhanced the efficient time management and effective risk management but also gave an impetus to the management through Smart Decision Support System for Minimum Holding Quantity and Make or Buy decisions
Production planning will enhance the decision making process more efficiently and effective expected output. Constant review of Production planning through PERT will provide the management at various level to have an over all view of the entire production process. Commitment to Customer and communication to the Suppliers can be easily maintained through alert mechanism which is an inbuilt feature of the system.
This pervasive system will be suitable for any industry or manufacturing unit. Though specialisation is being done in Textiles, Steel industry, automobile industry, fabrication units and Milk dairy farming Industry the basic concepts can be easily extrapolated to accommodate into any type of Industrial sector.
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