SAP Business One – The Backbone of Growing Chemical Businesses
The Indian chemical industry is a powerhouse. Ranking 6th worldwide, it is expected to reach $300 billion by 2026, boosted by strong domestic growth, global supply chain shifts, and government support. This opportunity must be harnessed by chemical manufacturers by switching to a sophisticated system at the earliest.
An enterprise resource planning (ERP) solution, SAP Business One is the ideal choice for chemical manufacturers. Equipped with tools and functionality that go beyond the obvious, it is the ideal platform for new and seasoned players in chemicals looking to strengthen their footing.
Indian Chemical Industry Market Size:
The Backbone of Chemical Industry:
The chemical industry functions on the backbone of,
- Formulations
- Yield
- Hazard Compliance
- Batch Profitability
SAP Business One from SoftCore Solutions gives:
- Recipe management
- Real-time yield analysis
- Cost leakage control
- Environment & safety tracking
Why SAP Business One is the Backbone of the Chemical Industry?
1. Formulations: In the chemical industry, the slightest deviation can lead to a huge miss in the efficacy of the final product. SAP Business One helps chemical manufacturers gain control and consistency across batches and individual items. SAP Business One enables:
- Accurate Bills of Materials with version control
- Approved formulation changes with full traceability
- Standardized recipes across production runs
Outcome:
- Consistent product quality
- Controlled formulation changes
- Reduced rework and rejects
2. Reduce Yield Loss: Yield loss can often manifest as a hidden problem in the paperwork, as scrap is not documented or as processes are not followed. SAP Business One provides real-time visibility into what’s actually being consumed versus what’s actually produced. It helps with:
- Track Actual vs Standard Consumption at the Batch Level
- Early identification of abnormal variances
- Monitor Wastage and Rework
- Increasing accountability in each production stage
Outcome:
- Reduced material loss
- Better process control
- Higher operational efficiency
3. Hazard Compliance: Chemical compliance is absolutely crucial, a way of operational survival. SAP Business One integrates safety features that ensure regulatory compliance without impacting production efficiency in a negative way. SAP Business One supports:
- Hazard Class-Based Handling
- Control of storages and movement of hazardous substances
- Complete audit trails for regulatory inspections.
- Approvals based on role and documentation
Outcome:
- Safer Operations
- Audit-ready compliance
- Lower regulatory risk
4. Batch Costing: Without proper batch costing, the profitability of the concerned item becomes a matter of guesswork. SAP Business One calculates the actual cost per batch through the consolidation of the costs of material, labor, overhead, and losses. It facilitates,
- Real-time batch-wise cost visibility
- Margins according to product, formula, or customer
- Early detection of cost overruns
- Data-backed pricing decisions
Outcome:
- Accurate margins
- Better pricing control
- Profitable scale-up
Get the Future Now – SAP Business One for Chemicals!
In order to be a part of the Indian chemical growth, manufacturers need to switch to SAP Business One at the earliest. It is an ERP that delivers ROI swiftly as SAP Business One can be implemented in 8-12 weeks. Don’t allow your business to fall onto the forgotten page of the Indian chemical story. Implement SAP Business One and strengthen the backbone of your growing chemical business.
SoftCore Solutions Builds the Chemical Backbone of India!
SoftCore Solutions’ approach towards ERP is different. We don’t just implement SAP
Business One ERP, we ensure it helps you reap the maximum out of it. We,
Audit: Your current business state and draw a clean SAP B1 blueprint.
Accelerate: We’re agile at SAP Business One ERP implementation to get your business live faster.
Scale: We ensure your ERP grows fast, we want you to rise stronger in Pharma.
Support: We always have your back, trust us to guide you in case of any need.
A quick discovery call, and we’ll get you running quickly with SAP Business One ERP.
ERP implementation is done under various stages. It begins with gathering requirements and ends with the ERP solution going live for users. Learn more about the 12 stages of ERP implementation.
Top ERP systems include SAP, Oracle, Microsoft Dynamics, Sage, and others. SAP Business One is the industry leader with over 83,000+ businesses globally relying on it for their daily operations.
SAP Business One is an ERP solution recognized for delivering exceptional efficiency across industry verticals. Be it manufacturing, pharmaceuticals, textiles, chemicals, etc – SAP Business One is for Everyone.