How to automate production with ERP system development

Whether you are in the manufacturing or service industry you've likely thought about reducing production costs. It's the main task of any company management, and ERP software helps meet the challenge.

Previously, such systems were standalone software or software packages that worked independently. Being isolated systems they did not actively exchange data with one another. Each independent system had to be supported and developed further separately , which is both troublesome and costly and this fact stopped many company executives.
In contrast, modern ERP systems integrate several processes into one flexible platform. By combining data from multiple resources, companies can improve their analytics and reduce production costs. Moreover, the development of a custom ERP system has many other advantages, which are shown in the table below.
Designing and planning
Operation
Production
Preventive diagnostics based on Big Data
ERP system support
Product quality analysis
Automated monitoring of key product/service parameters
Using sensors and machine learning for accurate forecasting
Control of the execution time of operations
Analysis of quality indicators of product / service and processes
Supply chain / project management
Human resource management
Automating scheduling
Inventory management and resource planning
Choosing suppliers for efficient collaboration
Building a pricing policy
Creation and modification of new products and services
By creating new production technologies, adoption and use of best practices and industry standards
Taking advantage of digital marketplaces and platforms
Using a set of methods, statistics and methodologies
Based on customer experience and analytics
Measurement of quality indicators at each stage of the production chain
Setting and monitoring tasks using a single digital system