Discover how SAP B1 can help the Textile, Fabric & Apparel industry overcome its challenges and improve management.
India is the 3rd largest textile industry globally, and the government’s initiative of “Made in India” scheme benefits the sector. This industry contributes 2% – 3% of the total GDP and 12% of the manufacturing GDP. The textile industry operates on a small and large scale and uses varied technologies and fibers for design purposes. The most significant component in the textile industry is the Yarns, fabrics, power looms or machineries. A good variety of hand-spun and hand-woven textiles is produced in the country. Along with some positive points, this industry comes with a few shortcomings. Let’s discuss how SAP Business One ERP for Textile industry can help textile Industry to ease work.
The textile industry faces various challenges, including raw materials cost, export-import differences, complex production planning, infrastructure, lack of visibility on production status, environmental problems, high wastage, and labor shortage.
SAP Business One features and modules for the textile industry:
- Finance: Helps in managing all the incoming and outgoing processes to streamline your accounting operations.
- Inventory: This module keeps track of the list of items and prices along with keeping a check on the availability of the product.
- Production: The module helps in knowing the amount of production to be done by providing accuracy of the data present in the inventory.
- Operations: Helps in understanding the management of raw materials by assisting you in giving real-time updates on various manufacturing processes. It keeps check on the resources, BOM, routings, sub-contracting, and advance manufacturing.
- CRM: The customer relationship management tool of SAP B1 is the best to keep in touch with your clients constantly, by managing opportunity, pipeline, and services by understanding their feedback, which helps in maintaining loyalty.
- Logistics: The overall product lifecycle from creating a product to purchasing raw material is done in the logistics module of SAP B1. It takes care of the project management, warehouse management as well as procurement and sales.
- Report: The complete business performance can be established, analyzed, and measured with the help of SAP B1 Reports and analytics tool to make better business decisions. It helps in exporting and formatting documents, along with MIS reports.
- Business Intelligence: This tool helps in gathering information from predefined reports. It also generates queries and has the functionality of drag and relate to help make users work easier.
SAP B1 assists the textile industry in functions like pick and pack, barcode scanning, WIP tracking, supplier’s and vendor’s payment management, product cost and budget, inventory and warehouse management, MRP and production management, forecasting, batch management, and much more.
Benefits seen by the textile industry after implementation of SAP B1:
- Real-time access to the data is possible for the users, which allows them to check reports of their business operations, due to which they can save time and effort.
- SAP B1 ERP system can easily manage transfers between different warehouses, making it less difficult for users.
- Flexible tracking of goods through the inventory management tool in SAP B1
- This sector has a significant need for supply chain management, and SAP B1 SCM for the textile industry helps businesses increase their operational efficiencies.
- All the critical business processes can easily be integrated into this centralized SAP B1 ERP, so there is no need to use different applications for different uses.
- Work-in-progress (WIP) tracking helps understand stock production based on the orders placed.
- The built-in CRM in the SAP B1 software has helped businesses in this sector to keep in touch with their customers and deliver orders in time to maintain customer loyalty.
Concluding Lines:
The textile industry is growing day by day with more demand than supply. The future of this sector looks promising. Many of the manufacturing businesses require more components for the product manufacturing but make lesser final products while in the case of textile industry it is seen to be vice versa. This industry makes more finished goods from very little raw material availability.
Customer satisfaction is a win for the textile industry, which is achievable with the help of SAP B1 software once the vendor company fulfils timely deliveries and offers the best support. The web / mobile application will allow your customers and suppliers to integrate with SAP Business One in order to view, place orders, review status, and ledger. Companies looking to invest in SAP Business One software for their textile business can reach to SoftCore Solutions; the top SAP B1 partner for companies in Ahmedabad. We have a vision to provide the best specific solution for the textile and fabric industry. We have the best support team to help you whenever you need.
For more details on SAP B1, contact us today!