5 Signs That Your Manufacturing Business Needs Odoo ERP
When your manufacturing business is experiencing growth, it can be a little difficult for you to manage your manufacturing processes using those outdated methods and manual resources. Keeping a track of the operations, manufacturing, supply, etc., can become tough for you and your employees at that point of time. You also may feel exhausted while managing the financial calculations and accounting tasks. Meeting the huge consumer demands can become impossible for you as well. And here comes the role of an all-in-one solution like Odoo ERP for streamlining a manufacturing business. Hence, in order to support the growth and expansion of the manufacturing companies, the business owners need to quickly adapt the software and look for a reliable service provider for Odoo in Australia or anywhere else to get the software implemented and boost business efficiency.
Implementing Odoo into a manufacturing business can offer great flexibility required to overcome all the challenges that inevitably come with its growth. But how to identify when to implement the software? Well, here’s the answer.
Cannot access the data easily and in real-time:
Having immediate access to the daily business data is crucial for running a profitable and well-managed manufacturing business. Do you have real-time access to all your data? If not and if it takes a long time to retrieve the required data and if you have to make several calls to the other departments to fetch the data you need, then it’s time to get Odoo implemented into your business. Complete visibility over all the aspects of your manufacturing business and all data in real-time is necessary and this is what Odoo can ensure to offer.
Lack of collaboration and communication between departments:
Your manufacturing business may have different departments and each department focuses on a different aspect. However, if you get to see there’s no collaboration and communication between these departments then your business may face problems like improper data flow, poor work transparency, etc. And implementing Odoo ERP can be the best solution to these issues. Odoo actually centralises all business data in a single database and gives access to it to all the employees of all the departments, thereby increasing transparency, data flow, and collaboration between the departments.
Inventory counts are not accurate:
If one of your business departments shows 400 pieces of finished products, another department shows 405 products, and again another department shows 390 products, then your business is in trouble. Inaccurate inventory data can adversely affect your business, from customers deliveries to working capital. But these problems can disappear with an ERP like Odoo. Odoo comes with an inventory management module that efficiently and effectively helps in managing the inventory counts of a manufacturing business. The software can help in effectively tracking the inventory throughout the journey from the suppliers to the customers. This tracking system also offers enhanced visibility and accuracy of the inventory data counts.
Continuous production scheduling problems:
Your business should be able to manufacture and supply products on time no matter what the quantity of the products and what are the consumer demands. And if you do not know what raw materials you have and what machines are available, you may constantly face production scheduling problems. And here’s when you will again need Odoo as it comes with the MPS or Master Production scheduling module to optimise the process of using the right materials in the right way to ensure delivery of the required products on time.
You are still relying on spreadsheets for reporting and keeping records:
Running a modern manufacturing business is difficult without a comprehensive software system for recordkeeping. Keeping the details and records of all your business activities can ensure your business is running efficiently and is operating at its maximum capacity to give the best results. Having well-planned resource management helps you to allocate the right employees and use the right software systems to increase efficiency, stay on budget, and reach your desired outputs.
If you are running a growing manufacturing business, you cannot reply to those conventional methods of keeping and maintaining the records and use spreadsheets. Reporting, accuracy, and consistency can be questioned when you are replying to spreadsheets. You need to get an ERP as Odoo implemented into your system now to efficiently manage your reporting, for keeping records and get real-time visibility of all your business operations.
Hence, it can be concluded that implementing Odoo into your manufacturing business can increase flexibility and agility, provide a path to scale, ensure enhanced productivity and efficiency, provide accurate information, centralise data, and increase collaboration between departments, streamlining the overall business manufacturing workflow.