ERP Software For Plastic Industry

A Robust Solution for all of your Plastic Manufacturing Operations

Plastic manufacturing is becoming a very important and large industry of business with several potentials and uses. ERP software is required for the plastic manufacturing business to manage all activities properly and without the possibility of errors. O2b Technologies provides the best ERP solution that makes overall operations easier and simpler.

Why is Plastic Manufacturing ERP Software required?

Plastic is a word that we hear a lot in our daily lives. In simpler words, there will be no area in the globe where plastic will not be utilized. Plastic is a substance that can be turned into a variety of different materials. As a result, a single sector will deal with multiple plastic-based products.

There are also cases of small-scale plastic enterprises that produce plastic granules and sell them to other firms. Controlling an industry like plastics through offline means and human support is the biggest mistake any business can make.

Plastic manufacturing ERP software for business covers all aspects of the production process, including development, manufacture, forecasts, accounting, and good customer resource management. With this advanced level of integration, making plastic to match the needs of the customer becomes extremely simple!

As a result, can we meet such a massive demand for plastic materials and products with real-time consumer requests in the manufacturing and processing plastic sectors without a resource planning system? That is a significant question.

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Challenges of the Plastic Industry

Eco-friendly Plastic Manufacturing Eco-friendly Plastic Manufacturing

Even if there is a high demand for plastic products all over the world, manufacturing the necessary amount of plastic is a huge responsibility. It is extremely difficult to meet the rising demand for plastic products. In the current pandemic situation, the need for plastic products has increased significantly, and keeping up with this demand is challenging.

Meeting the Standard Meeting the Standard

When there is a strong demand for a product, the quality and efficiency of the product are compromised. However, producing error-free items becomes difficult, which is a bad indicator for a plastic manufacturing company. Products with quality issues appear to increase production costs. Automation in the manufacturing system could help in resolving this issue.

Ecosystem Concerns Ecosystem Concerns

The government has banned the use of plastics multiple times. However, there is no substitute material for plastic, which is why there is such a high need for its manufacture. Non-biodegradable wastes such as polythene and plastic bottles can be noticed as a result of their constant use, which is quite harmful to the environment. All of these aspects are challenging for plastic manufacturers.

Rising Competition Rising Competition

Most businessmen choose to open a plastic production plant because it is a simple way to make money. However, with so many competitors in this field, it is becoming increasingly difficult to stand out and produce creative plastic products with growing technology. Furthermore, to attract customers, manufacturers must develop unique features that will assist them in remaining compliant in this market.

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ERP Features for the Plastics Industry

Production of high quality

The plastic manufacturing industry's output should be of good quality. Any failure in the primary plastic form known as granules will have an impact on the overall manufacturing and quality of other materials created from it. ERP for plastic manufacturing can be used to ensure product quality. Plastics are mostly made of mineral oil, so the quality of the mineral oil should be examined while buying it.

We can thus ensure the quality of the main material using the ERP software. There are also possibilities in the ERP software for plastic manufacturing to activate notifications at any point of production so that workers are reminded when quality requirements decline or are ignored.

Production of high quality
Keeping the warehouse clean and clear

Keeping the warehouse clean and clear

It is important to remove all types of misunderstandings in a warehouse since they are directly related to misleading and other errors in warehouse operations. Any errors in warehouse operations cause significant disturbance, resulting in major economic, material, and time losses. Thus, an ERP for the plastics business supports the efficiency and maintenance of warehouse operations.

It provides information on items purchased as raw materials as well as detailed facts on the finished goods. In short, an ERP for the plastics business ensures inventory control, balance, and resourcefulness.

Business analysis and accurate manufacturing

ERP software for the plastics industry can also be utilized for business analysis. The business intelligence feature is used for this. Thorough business analysis can be performed by evaluating production and work center performance. If any errors or lack of performance are identified in that area, alternative techniques can be employed to correct them utilizing the ERP software.

The inventory will also be secure with this capability in the ERP software. Thus, by using ERP software for plastic manufacturing, we can ensure that no financial damage occurs while also saving time.

Business analysis and accurate manufacturing
Complete product tracking

Complete product tracking

Tracking is necessary for any industry to have a clear picture of what is going on within the business. It is essential to have transparency in an industry like the plastic production business, where several actions must be carried out. The traceability capability is supported by Odoo/Open ERP software for plastic manufacturing. The ERP software provides all important information regarding the raw material receipt, production, shipment to clients, internal transfers, and so on.

Furthermore, traceability enables knowledge of the products stocked in the warehouse, products transferred out of the warehouse, and so on.

Customer satisfaction is important

The customer's opinion on any business area is important. A satisfied customer is a benefit to the industry, whilst a dissatisfied one is a danger. As a result, it is critical to establish a positive relationship with the customer. The ERP software for plastic manufacturing includes all of the capabilities required for effective customer relationship management. With the help of ERP software, we can deliver products based on order priority, deliver products within the periods specified by the customer, and so on.

There are also facilities in the ERP software for thanking loyal clients, rewarding them with discounts, and so on. Thus, good customer relationship management is also achievable while implementing ERP software for plastic manufacturing.

Customer satisfaction is important
Invoicing and shipping the goods

Invoicing and shipping the goods

Shipping is utilized to get the finished product into the hands of the client. The shipping module in the ERP software for the plastic sector is used to control and maintain the right time in shipping. The shipping companies, routes, and so on can be fixed using the ERP software module.

The invoicing capability in the ERP software for the plastic manufacturing business makes the product cost and transaction information available. This is beneficial in maintaining transparent communication between the consumer and the manufacturing industry.

Benefits of ERP Software in the Plastic Manufacturing Industry

Decreased the Chances of Error

O2b Technologies’ ERP for Plastic Components or Production enables you to input and track critical information and details throughout the design stage to make correct calculations that do not affect product quality or profits.

Control the Machinery and Equipment Process

The ERP Software for the Plastics Manufacturing Industry manages the tracking of the equipment's and tools' lifespans, allowing you to reschedule the allocation of tools and services or retool as needed.

Raw material monitoring and evaluation Inventory

It assists plastic manufacturers in pre-planning the number of raw materials to be obtained and reducing material waste throughout the manufacturing process of a plastic product. They can set correct production costs and waste targets with reliable data in hand.

Ensure the quality control process is in place

It handles the quality control process by storing batch-specific data and performing digital quality control. Backward and forward tracking or retracing must be smooth and distinct.

Storage of immediate documentation

ERP System software allows the secure storage of vital information such as manufacturing, machinery or equipment specifications, product configurations, and packaging requirements, as well as all communication (bills of material, sales orders, emails, purchase orders, and customer or supplier specifics) with external parties or stakeholders.

Effectively Managed Production

O2b Technologies is the best ERP Software Provider for the Plastic Production Industry, assisting you in planning the most appropriate method of creating a given design or product. Allow you to schedule work, manage resources, and store essential information for instant reproduction.

Integrated Modules

Production Planning

  • Material Requirement Planning (MRP)
  • Master Production Scheduling
  • Production Process Definition
  • Machine Efficiency
  • Work Center Management
  • Demand Management
  • Batch Manufacturing Practice

Production & Quality Management

  • Bill Of Material
  • WIP Tracking
  • Lot Manufacturing Practice
  • Tools and Equipment Tracking
  • Process Quality Check
  • Finish Goods Quality Check
  • Document Management
  • Quality Assurance Management

CRM & Order Fulfillment Processing

  • Lead Management
  • Opportunity Management
  • Order Management
  • Pricing and Discount Matrix
  • Sales Forecast & Territory Management
  • Account Management
  • Campaigns and Event Management

Accounts and Finance Management

  • Automatic Tax Calculation
  • Multi-Dimensional Reporting
  • Fund & Cash Flow
  • Accounts Payable and Receivable
  • Debit & Credit Note
  • Audit Trails and Other MIS
  • Cost Management

Purchase Management

  • Supplier Evaluation
  • Request for Quote
  • Quote Comparison
  • Project-based Purchase Management
  • Purchase Budget and Approval
  • Procurement Automation
  • Supplier Order Management

Inventory Management

  • Inventory Planning
  • Warehouse Management
  • Stock Management
  • Material Incoming and Outgoing
  • Physical Inventory Adjustment
  • Multiple UOM
  • Inventory Costing and Valuation

Why O2b Technologies for ERP Software For Plastic Industry?

Choosing O2b Technologies as your plastic industry ERP solution provider allows you to work with a solution team that has domain expertise and years of experience in providing the best software for the manufacturing sector.

  • Reduced costs with increased revenue
  • Better output and productivity
  • Measure and improve product quality with ease.
  • Reduce machine and labor costs
  • Enhanced inventory visibility
  • On-time delivery of high-quality products
  • Customer satisfaction
ERP Software For Plastic Industry

O2b technologies has a solution available for every Industry, addressing the specific needs and challenges faced by businesses within those sectors.

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Can we access ERP from any location?

Yes, this ERP is a cloud-based system that is available from any location.

Can we use our mobile devices to access the ERP software?

Yes, you can use any device to access the ERP software.

How can inventory management benefit from ERP software?

Here are a few examples of how ERP software controls inventory: Inventory automation, Business process integration, Forecasting, and restocking

Does the ERP system result in a reduction in manpower?

Yes. Because ERP software automates the overall business process.