Whenit comes to designing, marketing, selling, producing, distributing, and
servicing cutting-edge products at a reasonable cost, high-tech and electronics
firms have unique business needs that can only be met by ERP software with
specialized features. A high-tech electronics manufacturer risks creating
inefficient manual workarounds or sophisticated, hard-to-maintain programmable
interfaces if it purchases an ERP system that doesn't meet its needs.
Essentials of ERPfor the High-Tech & Electronics Manufacturing Industry
Analysis, Design, and Pricing of Products
Theengineering control process and multi-level bills of material are two examples
of complicated product structures that need to be supported by your ERP support.
Costingand manufacturing simulations involving alternative components and routings are
essential for facilitating good and effective product design and production.
Projects
Youcan think of ERP's project functionality as the glue that connects all the
different data and business activities, such as engineering, marketing,
planning and control, supply chain, distribution, manufacturing, service, and
accounting.
Youcan think of ERP's project functionality as the glue that connects all the
different data and business activities, such as engineering, marketing,
planning and control, supply chain, distribution, manufacturing, service, and
accounting.
Theycan use project invoicing strategies (such as phase and percentage of
completion billing) and project revenue recognition procedures, comparing
actuals to budgets and projections across time, cost, and profit dimensions.
The Complexity of Supply Chain Management
ü DeterminePotential Back-Up Supply Options
ü Makeuse of some different retailers.
ü Youshould probably revise your timelines.
ü Constructa supplier performance scorecard.
ü Createa customer-facing dashboard
In addition to the features above, youmay like to have the ability to seek quotes from numerous suppliers in your ERP
supply chain capabilities. You can do the following with the help of an RFQ
module built into your ERP system:
ü Sendout a request to various service providers,
ü Submita bid and ask suppliers for their pricing, delivery estimates, quality
assurance measures, and other information,
ü Picka victor,
ü Manufacturerrecommended buys automatically, and
ü Transmitrejections mechanically
Monitoring and EnhancingQuality Assurance
APCB/PCBA failure, or that of another electronic component, might have a high
financial impact. Your ERP system must support inspection, and test plans that
enable you to capture quality data and handle corrective and preventive action
plan to remedy problems, regardless of the type of testing you perform
(burn-in, functional, visual, optical, and probing, etc.).
Qualitycontrol test plans should be supported at a minimum, allowing you to create
quality tolerances for product attributes and record quality data (both
quantitative and pass/fail) against those attributes. Some companies place a
premium on having their quality modules work with test jigs and other testing
equipment to eliminate the need for time-consuming and error-prone manual data
entry.
It'scrucial to evaluate the ERP system's quality modules by gauging their
performance in areas such as:
ü Strategyfor testing and regulating
ü Storageand separation of goods according to quality
ü Boardfor Review of Materials and Handling of Deviations from Standards
ü Optionsfor Disposal: Rework, Using As-Is, Scrapping, or Returning to Vendor
Industry4.0 & Internet of Things in the Industrial Sector (IIoT)
Manufacturing companies in the high-tech and electronicsindustries are increasingly interested in integrating the ERP integration services and EAM (enterprise asset management) software systemswith the smart manufacturing systems (MES) and production equipment they use.
This project aims to design a closed-loop system that is both flexible and capable
of making rapid adjustments in response to changes in operating conditions.
Integration with ERP systems that are as close to real-timeas possible for tracking material consumption, executing work orders, and
changing production schedules can help businesses become more operationally
responsive. It is crucial to evaluate the operation of ERP systems for
production planning, production management, EAM, and materials management. The
functionality of these modules varies based on the functions you wish to
incorporate into your system.
Features offered by ERP systems can be advantageous tocompanies operating in the high technology and electronics industries for a
variety of reasons, some of which are as follows:
Manufacturers shouldconsider ERP functionality for the following reasons:
ü Indemnification and GuaranteeAgreements
ü Revenue recognition and billing forsubscription services.
ü Management of Field and Technical Services
For furtherdetails, please visit our ERP consultant
