A common technique for making plastic objects is injection molding. The operations of the injection molding sector are complex, and industry-specific software might be essential for managing these activities. One such software is ERP software. Enterprise resource planning is known as ERP. The eresource Xcel plastics ERP Software for Injection molding is built to meet all needs in the fastest, most accurate, and most effective manner possible. It makes it easier for the three stages of the injection molding process—product design, mold design, and production process—to coexist.
The commercial, sales, and strategic business workflows are integrated with all industry-specific production processes supported by eresource Xcel ERP, from scheduling and capacity planning to optimizing maintenance and setup operations to full batch tracking. Our quality management helps you improve supplier connections and deliver daily quality assurance. Logistics processes can be directly networked with the business logic of your company solution thanks to mobile storage management. Additionally, thanks to our automotive solution, you can map the unique needs of your clients and vendors in the automotive sector.
Problems faced while dealing with plastic injection molding products:
- Price variation for raw materials due to changes in the price of petroleum.
- The unpredictable nature of raw material availability.
- RM Variations in color and quality, as well as product batch control.
- Keep the Tools and Dies in good condition.
- To understand and keep control of FG costs, manage activity-based costing.
- How to control subcontracting activities and cut manufacturing expenses.
ERP software benefits the injection molding, disposables, and film industries:
- The main benefit of ERP software for the injection molding, disposables, and film industries is efficiency in managing all activities smoothly, thanks to automation.
- Reduces the time it takes to obtain information because of distance and human intervention because all information and data are centrally kept in ERP software.
- As the finance and accounts module analyses the data and statistics and provides an accurate picture of accounts and the production budget, finances and reports are easily controlled.
- Automation and business intelligence helps the organization by facilitating the examination of records to gain a more comprehensive understanding of accounts, which leads to proper strategic decision-making.
Eresource Xcel ERP software has Custom Production Screens for Blow Molding and Injection Molding. It helps in calculating the production efficiency based on the item, mold, and machine combinations, which helps you keep track of waste, rejection, productivity, and efficiency. It also keeps track of the consumption and output of grinding waste and blow pinch-off. Further, it also keeps track of the consumables and spare parts used on each machine. It offers maintenance costs through mold usage and engine running history and sends SMS alerts when a specific machine or mold malfunctions.
Accounts for labor orders, raw materials received, finished goods supplied, and raw materials consumed; adjustments are made based on BOM, agreed-upon burning loss percentages, and actual item weight by the eresource Xcel ERP system. Further, if contract manufacturing is carried out between group firms, annexure can be automatically punched, saving time and preserving inventory.
Our software offers a bill of materials-based vehicle material requests by calculating existing inventory on the machine before deciding on the number to be issued and by accounting for runner weight when deciding on the number to be given. It spends less time calculating, creating, and issuing slips for material requirements. It facilitates the formation of the need for an assembly item as a bought-out item if not processed in-house, which designs the necessary raw material planning based on the client delivery dates and internal production plan. Additionally, the Stock of Alternative Grade considered for Material Planning considers the Minimum Stock Quantity of an Item and Pending Purchase Order Schedules to be Delivered by the Suppliers.
Purchase orders can have multiple schedules and be released in advance. So, by looking at previous PO prices while creating an order provides notice of price increases and calculating the discounts offered by polymer suppliers based on MOU. eresource Xcel ERP system software assists you with purchase registers, tax data, drill-down purchase reports per vendor, by item, and other words.
Conclusion
Enterprise resource planning software serves to improve the profitability and efficiency of manufacturing enterprises. A complete manufacturing ERP software package that will decrease unwanted downtime while boosting production efficiency, quality, and profit margin. Take the initiative to track and move stock with qualities that shorten its shelf life, such as moisture content, potency, pH, and color by implementing eresource Xcel ERP. Manufacturers of plastic products can oversee finished goods costing, production, planning, and invoicing with sophisticated ERP software. Nevertheless, businesses can access their mission-critical applications using cloud ERP.
