Implement ERP Software For Steel Industry

Streamline Production Order Processing With Steel ERP Software

The steel industry is currently facing the challenges of high maintenance and operational costs due to an increase in demand for steel or iron. The implementation of Odoo ERP for steel manufacturing industry enables you to improve interdepartmental communication, which leads to greater profitability and growth.

Steel Manufacturing Industry

With a comeback in many countries' economies, the steel sector is entering a new phase. Another encouraging development is the growing demand for steel products used in the production of various goods. Numerous industrial facilities and small enterprises have also started to emerge internationally as a result of the rising demand for steel-based machine components and other instruments. Small business units produce machinery for the manufacturing sector, store metal-based equipment, weld various items, manufacture various products, and manufacturing by-products. The metal sector is supported by the goods' durability and affordable accessibility.

We all are familiar with steel as we see steel-made products every day, from tin cans to vehicles driving on the road, everything is made of steel. The whole process of making steel from iron ore and removing unwanted components from it and then manufacturing items from this steel needs proper management of its production and manufacturing processes.

The use of Odoo ERP for steel industry enhances the economies of a nation by increasing industry performance and workflow. Also, Odoo ERP for steel industry helps companies to handle production order processing effortlessly while reducing manual errors. O2b Technologies' Odoo ERP for steel manufacturing industry allows you to control the movement of materials during the production process.

Features of Steel Manufacturing ERP

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
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Benefits of Odoo for Steel Manufacturing Industry

Manage Industrial Products Simply

Using the Odoo metal fabrication module, users can quickly enter product information and create new items. With just a few clicks, the product can be managed. The product price, unit price, lot number, and other information can all be entered.

Manage Industrial Products SimplyManage Industrial Products Simply
Bill of Material

Bill of Material

A bill of materials is simple to create for a user in metal fabrication Odoo ERP. Users can enter product details, variation details, and quantity. Use the BoM to create a form for the metal industry. Under the component tab, the raw materials or components required for manufacture can be added.

The Lot and Serial Number

For manufactured goods, the lot and serial numbers assist in the industry's professional operation. Along with the product name and the manufacturing date, the user can receive a lot of other details for the said serial number in Odoo ERP for steel industry.

The Lot and Serial Number
Plan Production

Plan Production

Manufacturing orders and work orders are managed seamlessly with the support of O2b Technologies’ Odoo for steel manufacturing industry solution. Using the timeframe for manufacturing a product or providing the product as a guideline, the user can plan the manufacturing process. Depending on the need, the manufacturing speed and capacity can also be changed.

Plan the Work Center User

To accomplish the manufacturing process, the metal sector will require the support of multiple work centres. The bill of materials stage is where this can be handled. For each operation, work centres can be created in Odoo ERP for steel industry. If your company demands welding, assembly, and painting units, we can set up three separate work centres with ease.

Plan the Work Center User
Manufacturing Order Management

Manufacturing Order Management

The main function of Odoo ERP for steel manufacturing industry is manufacturing order management. The dashboard will allow a user to scan all production orders quickly. Here, it is clear what kind of product and how many goods need to be produced. Calculating a product's delivery date and unit of measurement is also possible.

Check the Availability of Raw Materials

A feature of Odoo ERP For steel industry that facilitates determining the availability of production-related raw materials is the availability check. The user will know about the product availability when they create a production order. You can check availability under manufacturing orders.

Check the Availability of Raw Materials
Generate Report

Generate Report

The Odoo for steel manufacturing industry facilitates the generation of reports. The management will be able to analyse the performance of the work centre with the support of a well-written report. We help with the development of reports on work centre activities, work orders, and manufacturing orders. These reports will help the business by boosting growth.

Easy routing

Coordination of the operations at several work centres is simple. This is possible at the Bill of Materials stage in the steel industry Odoo ERP. A manufacturer can place the workstations here where the tasks need to be finished.

Easy routing
The Manufacturing Process Traceability

The Manufacturing Process' Traceability

Product routing makes it possible to track a product at various production phases in the steel industry Odoo platform. Additionally, systems that offer lot and serial number management make it possible to trace a product long after it has been finished. With the support of this technology, product movement can be tracked from the acquisition of raw materials through the delivery of the final product.

Cost Evaluation

Any business' success depends heavily on sound financial management. The cost analysis tool of Odoo ERP For steel industry helps businesses calculate the cost related to manufacturing a product and its byproducts. This facilitates more effective budget planning and product pricing.

Cost Evaluation

Why O2b Technologies?

O2bTechnologies is the official Odoo partner and Odoo ERP for steel manufacturing industry service provider, serving all industries worldwide. This Odoo ERP for steel industry is ideal for small to medium-sized businesses. For your steel manufacturing business, we provide the best ERP system i.e. Odoo for steel manufacturing industry that provides a wide variety of manufacturing processes, including material control, delivery, production, planning, and so on.

  • Get Company-wide Integration
  • Gain full transparency and detailed analysis
  • Better decision-making and forecasting
  • Improve customer satisfaction and retention
  • Increase operational efficiency
  • Quickly respond to customer queries and doubts
O2b Technologies

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

FAQs

How does Odoo for steel manufacturing industry smoothen business operations?

Odoo ERP for steel industry facilitates the integration of business operations and the streamlining of various procedures in your steel business.

Why do I need an ERP for my steel manufacturing business?

To automate the overall steel production and business processes.

Why does the manufacturing industry need the steel ERP system?

The understanding of the various varieties of composite raw materials, ongoing production, batch picking based on order, production schedule based on shipment, and rapid change in the development of new products—all of these are important in the steel industry and are all made possible with the support of ERP software.

What is the cost involved in the implementation?

Depends upon the functionalities of the modules opted.