The Gross Value Added (GVA) at basic current prices from the manufacturing sector in India grew at a CAGR of 5% during FY16 and FY20 as per the annual national income published by the Government of India.
The expenditure can include elaborate upgrades, new customization, and high annual fees. Efficient maintenance and support can help to keep the ERP system in line with business requirements.
For the enhancement of productivity, providing all the required information to the manufacturing workforce plays a crucial role. If done otherwise, it can become a pain point for the organization in different ways. Employees may be missing work instructions for the task at hand, have accumulated an abundance of data that cannot be easily operationalized, or are simply unable to trust the quality of information due to the numerous versions.
Part of the issue is that many manufacturers are relying on reactive rather than proactive management, resulting in difficulties diagnosing problems, rising maintenance costs, and lower productivity.
With the expansion of the company come a number of problems. Management of multiple records due to the increased number of facilities. Companies that expand their manufacturing capacity will have to deal with complex supply chain systems involving multiple plants. This can result in manufacturing data and financial statements being duplicated.
Product Lifecycle Management (PLM) is often offered as a solution apart from ERP. However, the PLM features are often lacking in terms of functionality. This can be difficult for organizations that require complete visibility in the ‘concept to completion’ product life cycle.
Many businesses choose custom ERP systems that were created to address specific challenges in the manufacturing process. However, if the solution creator lacks experience, using custom ERPs can result in a company becoming "hardwired" with the system.
Our primary goal is to develop long-term relationships with our clients and partners based on trust, professionalism, and enjoyment of what we do. One of Citta Solutions' core philosophies is to keep things simple. Our processes are designed to address your needs and satisfaction with your requirements. We know the value of human relationships.
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