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>> Business Challenges
>> More Business Challenges |
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Is there a way to manage and grow business
more smoothly?
Do
our "Integrated Business Management
Software / Systems" target some specific
"Business Challenges"?
You may click the link to find enlisted
some of the day to day Business Challenges
faced in any business.
Some more "Production Bottlenecks",
"Purchase Challenges" and "Other Key
Issues" are enlisted below:
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More Business Challenges
(Continued from:
Day to day Business Challenges)
(PS: Some enlisted business challenges
are specific to production environment
and may / may-not be applicable in your
business.)
Purchase / Vendor Management Issues
* Buying more because
untracked i.e. dead / non-moving stock
cannot be moved from some other location
* Higher raw material price due
to unplanned purchases
* Non timely purchases => Added Costs
* Purchases not as per specifications (e.g.
not properly "cut to length") leading to
more rejections / wastage / scrap
* Raw material: Delivery delays / quality issues
* Buying much more than required quantity (various reasons)
Production bottlenecks
* Not sure whether current raw material /
resources would suffice for say, next
month’s deliveries?
* Not able to give prior notice to customer
for delivery delays – Affects future
business and brand image
* Deliveries not planned well, especially
for multiple line items of a single order
(leading to delayed delivery of full order)
* Machine problems / overload / breakdowns
* Quality issues in some in-process step
* More rework (various reasons
that are avoidable)
* Inconsistent production quality
* Low margin business
Other Key Issues
* Lot of pressure on management and staff
(e.g. due to promised delivery dates)
- Management
dissatisfaction / worker dissatisfaction * No choice but to sell stored stock at a
discount
* Reusable / sellable scrap lying in
warehouse /
store, but is not known
* Priorities not clear amongst various
departments - leading to confusion / losses
/ time wastage
* Valuable time lost in tracking various
aspects and issues in a cycle of
sales-production-purchasing-quality-deliveries-invoices-payments
* No time, hence no focus on how to
- reduce
delivery time, reduce rejections, increase
profit margins, etc.
- increase
productivity by optimum utilization of
resources (machinery, tools, skilled labor,
etc.)
* Healthy Order book for next quarter but
mind still occupied with various concerns - low profit margins, lost opportunities
for bigger / more-profitable orders, high
inventory levels, etc.
* Marketing / Sales becomes reactive rather
than proactive in tracking trends and
demands because of not having enough
business visibility: e.g. which sector would
have higher demand in next 3 months, etc.
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So, how do we take care of these issues? Can
we avoid some of these pitfalls?
Are there some ready-frameworks that
facilitate in reducing delivery time and
increasing profit margins?
Can these frameworks accelerate business
growth and productivity?
Do
these frameworks work for all sizes of
business - small, medium or large?
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YES. There are
frameworks / software systems to manage and
grow business more smoothly.
Simext's BizInt
is a set of such frameworks / software
systems.
BizInt integrates business processes with
functionality spanning inventory
management,
warehouse management,
manufacturing / production
planning,
MRP (Material Resource Planning),
customer
relationship management, vendor managment
system / VMS, Invoice Tracking, HR,
tracking orders / invoices /
shipments / payments / stocks, sales /
marketing, purchases / suppliers,
retail / Point of Sale /
POS Software, supply chain management, BOM
(Bill of Material),
business analysis/ performance, financial
management, accounting, etc.
The systems are highly customizable as
per unique needs of an organization.
Specific processes / modules can
be implemented in phases.
For
"Benefits and an introduction" of BizInt
Suite, click here >>
Refer
Enterprise Solutions - A Journey [PDF],
a document that should help in your
endeavor to understand the various factors
to be considered. It enlists:
- various business, implementation and technical
perspectives;
- the steps that an enterprise should take; some evaluating
factors and
- TCO considerations (Total Cost of Ownership).
To know more, reach us at
info@simext.com
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