Inventory Management Software: This module deals with the material handling and management process in the Organization and covers tasks like receipt and storage of raw material, issue of the raw materials to production, receipt and proper storage of finished products, and completion of finished products against sales orders. Inventory management also handles the physical inventory tracking process
It Includes a Product Catalog that maintains comprehensive information on all products that are sold by the company. The system keeps a complete history of transactions made on an item and keeps track of item quantity at each individual location within the warehouse. As items get moved around the warehouse the system updates the location quantity.
As goods get received into the warehouse, the system will immediately reflect the stock change and make the items available for sale.
Inventory Demand Planning Software handles the recording of forecasted demand and processing the forecast to plan for the availability of materials and distribution & warehousing capacity to deliver the finished product to meet the forecast demand. The module processes three planning types, including Materials Requirements Planning, Min-Max planning, and Reorder Point Planning.
Inventory Purchasing Software also known as Inventory Procurement, handles the purchase of raw materials. The application takes the recording of a requisition, approval of the same, converting the requisition to a purchase order (PO) and sending the approved PO to the Vendor, and following up till the material is received at the distribution center.
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Ximple ERP offers Customer Technologies for Growth.
Do business anytime and anywhere to improve sales and reduce cost.
You pick a solution that suits your business as Ximple Cloud ERP will integrate other systems with ease.
In an On-Premise ERP, the Customer manages both ERP Software and the technology infrastructure (Hardware). This level of control enables the Customer to customize the software to suit their unique supply chain processes. This flexibility comes at the cost of managing the unfamiliar terrain of managing the IT infrastructure.
In a Cloud ERP, the ERP Vendor manages Cloud-based ERP, both software and hardware. The Customer can configure the ERP Software to meet their business requirements. There is limited flexibility in customizing the application to meet the unique business processes. In some cases, the Customer will need to modify their business processes to suit the operations supported by ERP.
The main benefits of Cloud ERP are reduction in cost and complexity of managing the IT Infrastructure. Irrespective of Cloud or On-premise ERP, the key is to understand the critical business requirements and ensure that the ERP system that you choose can quickly meet those requirements.
• Does your ERP Software meet your Business Needs?
• Does your ERP solution aligns with company goals?
• Will ERP Software Integrate/compatible with existing systems?
• Have partner Network/Availability?
• What type of training/support options offered by the ERP Solution provider?
• Have references and recommendations from customers?
• Does your ERP provider invest in tomorrow’s technology?