Industrial Equipment and Machinery
The industrial equipment and machinery industry struggles with complex engineering requirements and a need to tightly track and control capital expenditures. As such, industrial equipment and machinery manufacturers need ERP software solutions with strong software functionality that is designed for their industry. This industry specific software functionality includes product engineering and product life cycle management, forecasting and budgeting, inventory management and quality control, as well as robust cost accounting and financial management.
Industrial Equipment and Machinery Software Requirements
- Budgeting
- Demand forecasting
- Advanced manufacturing resource planning (MRP)
- Automatic scheduling
- Standard costing
- Product engineering
- Product lifecycle management (PLM)
- Engineering change notices (ECN’s)
- Online product configurations
- Inventory management
- Consignment inventory
- Quality control
Panorama’s ERP consultants are aware of the potential pitfalls of ERP selection projects and can help hedge against project cost overruns, software that is misaligned with business needs, and lack of return on investment. The ERP team has industry specific expertise that helps facilitate a successful ERP selection project and measurable business improvements.
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