A manufacturing ERP software is an integrated system to manage all business operations from the shop floor to the top floor. This includes resource management, production management, planning and scheduling, inventory level monitoring, reporting, sales and purchase management, accounting and finance etc.
BI (Business intelligence) and IoT are integral to modern cloud-based ERP systems for manufacturing and they significantly enhance shop floor productivity. Cutting-edge IoT technologies monitor production processes and devices, and communicate warnings on challenges with any process, preventative maintenance, etc.
Firms of all sizes achieve more significant ROI using ERP solutions for manufacturing with a generic ERP.