The UK manufacturing industry has faced a significant downturn over the past two years. Several factors contributed to this decline ranging from the impacts of Brexit, rising costs, labor shortage, etc.
However, signs of improvements can be seen in the UK manufacturing market now. But, manufacturers need to be on their toes to strengthen their presence, boost profitability, and ensure long-term sustainability.
This is particularly crucial for the manufacturers operating in the chemical manufacturing industry, where along with ensuring safety, driving continuous product innovation and enhancing operational efficiency are equally paramount.
Addressing this will require investing in industry-specific chemical ERP software which could meet the unique needs of the chemical manufacturing industry.
However, it is necessary for a chemical manufacturing ERP to possess these following industry-specific features-
- Easy Formulation Management- Developing chemicals requires extensive research, and research demands formulating and testing. So, good specialty chemical manufacturing ERP software should offer robust formula management and computerized R&D capabilities that enable manufacturers to optimize their formulation process by facilitating innovation, storage, approval workflow, collaboration, version control, retrieval and real-time access.
- New Product Development- Having this excusive feature is a sign of a competent chemical manufacturing ERP software, that goes beyond R&D, empowering manufacturers with capabilities like project management, sample management, cost & physical property analysis, and more.
- Adherence to Regulatory Compliance- Ensuring compliance with stringent regulatory standards like REACH, GHS, etc. is paramount in specialty chemical manufacturing. So, capabilities like advanced quality control, HMIS/WHMIS, SOP management, automated alerts and notifications, etc. are required to be present.
- Managing Inventory Efficiently- In addition to comprehensive inventory tracking, forecasting, and replenishment capabilities, a specialty chemical manufacturing software should enable material classification based on factors such as hazardous, potency, expiry date, etc. This ensures that materials are stored in the warehouse according to these classifications, optimizing inventory management and maintaining safety as well as product quality.
- Costing- Industry-specific ERP software for manufacturing should provide detailed costing capabilities that differentiate between formulas and packaging materials, allowing for better and precise cost control.
- Handling Production- A chemical manufacturing ERP must have a robust production module which could perform operations like-
- Define & maintain batch number for materials
- Ensure traceability of the batches including the materials used, WIP. processes applied, quality test results, etc.
- Create a master recipe and use it for various production activities, and many more.
- Size and substitute batches to accommodate last minute requirement
However, numerous ERP options are available right at your door step but, selecting the one that offers exactly what you require is the real struggle.
If you are a chemical manufacturer and looking for a solution that could enhance your working potential with its robust functionalities then, BatchMaster ERP for chemical manufacturing is undoubtedly a perfect choice.
Get in touch with our team of experts to know more about it.
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