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Plastics

Due to the intense global competition, the survival of the Plastics Industry today greatly depends upon Customer deliveries on time, managing cash flow, check on credit control, managing dealer/agent commissions, managing inventory, finite capacity planning of its manufacturing processes, minimizing transportation costs by effective truck/container load planning, product/batch costing and finally not forgetting the transactional and historical data available at fingertips at any given point of time.

Challenges faced by the Plastics Industry

  •    On Time Delivery
  •    Credit Control
  •    Shop Finite Capacity Loading/Planning
  •    Mould Management
  •    Dealer Management
  •    Truck Volume Dispatches
  •    Competitive Pricing

Key Functions addressed in ERP

Marketing

  •    Company Price List with versions
  •    Competitor’s Price List
  •    Discount structure applicable on Products/Product Groups/Customers, etc
  •    Dealer commission
  •     Agent commission
  •     Available To Promise
  •    Capable To Promise
  •    Sample Handling

Sales

  •    Sales order authorization
  •    Sales order booking taking truck load into consideration
  •    Sales order priority
  •    Kit Handling

Purchase

  •    Purchasing Process
  •    Vendor Performance rating system
  •    Purchase Amendments
  •    Imports
  •    Purchase returns

Dispatch

  •    Dispatch Planning and Stock Booking

Plant Engineering

  •    Maintenance and Calibration schedule
  •     Preventive maintenance / maintenance schedule

Tool Room

  •    Maintenance of mould/die specification
  •    Maintenance schedule
  •    Various reports including trial success reports

Compounding

  •    Incorporate all the specifications of the Chemicals and Raw materials

Production

  •    Machine and Item combination on Priority and Efficiency basis
  •    Decision on high priority combination and an option to change the priority in the planning worksheet
  •    Action messages
  •    Location specific Planning
  •    Order planning according to sales order priorities
  •    Consumption journals to pick the material from the different silos
  •    Planning engine
  •    Tool/mould life tracking
  •    Machine efficiency reports

Quality Control

  •    Incoming Inspection
  •    In process Inspection
  •    Final Inspection
  •    Rejection Handling

Statutory requirements

  •    Country specific Statutory compliance and reports

Financials

  •    General Ledger
  •    Accounts receivable / Accounts payable
  •    Cash Management
  •    Budgeting
  •    Fixed asset tracking including depreciation and insurance

Key Benefits after ERP Implementation

  •    Sales Order volume in the form of truck load and hence a win-win situation at the time of Order booking / Negotiation
  •    Gain an overview of Manufacturing Resources
  •    Take Control of Chemicals in Compounding
  •    Plan and Control Maintenance Schedules
  •    Gain Sights of Dealer Network and Commissions
  •    Define Discounts per State for each Item
  •    Dispatch Planning with Truck Volume functionality

Finally, to survive and efficiently face the global competitive environment, the Plastics Industry today requires an integrated solution which takes care of all its Critical Business Processes right from Customer Relationship Management, Supply Chain Management, Manufacturing Processes, Quality Control, Plant Maintenance and additional functionalities viz. Multilevel Authorization & Workflow which would help for efficient and paperless processing of documents, Business Intelligence and Reporting Tools which would help for slicing & dicing of data helping generation of user defined reports on a real time basis which in turn would help the organization management to take informed decisions.

 

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