Undoubtedly, the Lighthouse ERP software is a potent instrument, particularly for the industrial sector. The manufacturing sector is a platform where numerous activities and tasks are carry out simultaneously. The manufacturing sector has a wide range of tasks to complete, from production to the exchange of raw materials to finished items. As a company expands in size, the operations of the manufacturing sector become more complicated. The steel industry in India uses tech cloud ERP software as a wizard tool to manage the full process without difficulty or strain.
To produce the finished product, the steel production sector must also go through a number of difficult procedures and processes. The steel makers are frequently under strain and face intense rivalry to compete in the competitive market and maintain their long and successful run due to the shortage of raw materials and power combined with growing expenses. It is crucial for small- and medium-sized manufacturing firms to consistently have a 360-degree picture of their business activities.
ERP for Steel Trading:
Lighthouse ERP has almost fifteen years experience in providing high-quality ERP for Steel Trading solutions to its customers belonging to a range of manufacturing and service Industries. We have successfully accomplished 200+ implementations across 50+ industry types. Our Business Process developers’ expertise in understanding the complexities and unique challenges involved in the Steel Industries. Workflow enables us to constantly enhance our ERP software’s functionality to efficiently streamline the business processes of Steel Industries. Lighthouse ERP for Steel Trading packed with best practices and world-class capabilities yet with ease of use even for smaller and mid-sized companies.
Lighthouse ERP is designed specifically for the steel industry is a market leader in providing services to the sector through Heat Number wise Stock Maintenance, Chemical Composition Formulation Management, Test Certificate Management, Production Management, Inventory Management, Procurement Management, Logistics Management, Plant Maintenance, etc. It also maximises throughput with effective production scheduling to meet customer schedules and just-in-time orders. Such industry-specific elements of our ERP, along with more general features like Scheduling & Capacity Planning, improve Production capacities, which are then supported by the steady flow of resources and supplies to produce the desired product quality. Clear visibility into the workflow enables knowledgeable real-time WIP monitoring, aids in reducing lead times, and ensures that all requirements are met on time.
Steel is a vital element utilise in a wide range of industries, including building, infrastructure, transportation, shipping, cars, equipment, appliances, packaging, energy, and many more. Major obstacles that the steel industry must overcome to stay competitive include a lack of available raw materials, their rising price, high operating costs, and high maintenance costs. Overcoming these difficulties will be made easier by utilising the capability of steel manufacturing ERP software.
Broadcast ERP for the Steel Industry:
Lighthouse ERP offers modules for Plant Maintenance, Customer Relationship Management (CRM), Finance & Accounting, Sales & Distribution, and Planning & Production. Mobile apps and a business intelligence solution are both include in Lighthouse ERP. Tally Software and Lighthouse ERP can be smoothly link. Our e-Procurement technology streamlines and automates the procurement procedures for SMEs in the manufacturing sector. This makes it possible to efficiently and transparently buy capital, consumable, and raw material goods.
Key Steel Industry Modules for Lighthouse ERP:
The modules in the Lighthouse ERP for Steel Trading were created and set up to meet the specific needs of the Steel Industry. In order to assure profitability, Lighthouse ERP assists steel makers to integrate and optimise crucial business activities including procurement, inventory management, supply chain management, asset management & plant maintenance, improve logistics, and control production costs.
Specific Order Management for the Steel Industry:
The Order Management Module in ERP for Steel Trading Software was specifically. Create to fit the procedures used in the steel industry. It has a system in place for keeping track of information concerning contracts, orders, dispatch plans, and agent details. Our order management module also enables the definition of material properties like gauge and thickness and assists in the automatic calculation of invoice price. In accordance with the base price specified in orders.
It can manage the daily price swings and pricing patterns in the steel sector. The different terms and conditions of payments relating to freight, letters of credit, bank guarantees, etc. can also be handle by it.
Features of Raw Materials for the Steel Industry:
Lighthouse ERP has been specifically set up to take into account the requirements for raw materials peculiar to the steel sector. It enables you to specify quality requirements at the item level, specify the quality range that is acceptable at the order level. Track the actual quality of raw materials received, and produce deviation reports. Based on the created variance report, it also aids in the generation of debit notes.
For the transportation of raw materials, both by rail and by road, the steel industry is subject to particularly rigorous logistics. It also covers a variety of tasks, including loading and unloading products from various locations, insuring raw commodities, and many more. You may keep track of all such logistics-related tasks with Lighthouse ERP in one place. Sometimes it’s necessary to process raw materials outside of the factory. This activity is support by Lighthouse ERP. It also informs you of the raw materials’ final landing cost after accounting for all logistics, conversion, and storage charges, etc.
Logistics: Because of the nature of the industry, moving raw materials, completed items, etc. requires dependable logistical operations. In order to manage bulk shipping, freight orders, and freight invoicing, we offer logistics-related tools. All transactions involving rail and road transportation are record with the use of Lighthouse ERP. It aids in recording accounting needs and compliance standards for logistics.
Planning for Material Requirements: The steel industry uses a lot of raw materials. Stock out or overstock conditions must be avoid at all costs in the steel industry. Planning for material requirements and inventory management are therefore crucial for the steel industry. Demand planning using manual forecast, historical consumption data, fixed level stocks, and ad hoc material requirements is support by Lighthouse ERP. In order to plan and carry out material need planning. We also offer various types of material classification, such as ABC, XYZ, and other analytical reports. Our material need planning makes sure that there are enough materials on hand at all times when they are require.
Advantages:
- You can start working right away.
- Low cost of investment.
- Comprehensively integrated global ERP solution.
- Created specifically for the steel and metal industry.
- Easily extensible, having the ability to customise.
Company-wide Integration is the primary advantage of an ERP deployment in the steel production sector. This stands out as an ERP Solution feature. It makes it possible for sectors like the steel industry to simplify all of their essential production processes, from raw material processing through manufacture and shipping of these manufacturing orders.
The supply chain management in the steel production sector is made fluid and simple with the adoption of Lighthouse ERP. It supports the forecasting and measurement of the appropriate quantity of supply chain needed for production. Lighthouse ERP facilitates real-time inventory information, which synchronises the demand cycle.
Secondly, an ERP for the steel manufacturing sector includes a variety of planning techniques that aid in intelligently and successfully managing the production process. To effectively use its resources, the steel manufacturing business must go through a number of planning processes. Better inventory management, accurate demand forecasting, clever production scheduling, and timely product delivery are all features of Lighthouse ERP.
