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The Perks of Implementing ERP Systems in the Industrial and Manufacturing Industry

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Enterprise Resource Planning is a business management solution that uses a common database for all the core business processes. In other words, it integrates the different areas of a business under one single platform. ERP systems were initially used for big enterprises. But slowly and steadily, these systems saw an entry in many business organizations, cutting across different sectors. People are coming to realize the importance and benefits of incorporating this system in business management. Why do manufacturers need ERP solution? -          Decision making When a business expands from its home base, it becomes difficult to make crucial decisions for the good of a vast business. By using ERP System for Industrial and Manufacturing , there is instant access to different types of data through which decision making became easier and faster. -          Expansion Expansion is an ul...

A Brief Insight on Enterprise Asset Management (EAM) Solution

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To start with, Enterprise Asset Management (EAM) is the management of the physical assets of a company such as Buildings, Facilities, Plant, Equipment, etc… for the entire lifecycle of the assets. It oversees the design, construction, handing over, commissioning, maintenance, replacement as well as liquidating of assets and facilities. Then What Is Enterprise Asset Management (EAM) Software Solution? Enterprise Asset Management Solution is computer software that helps in managing and running an Enterprise’s assets. A good EAM solution has features like total asset management, maintenance, portal-based user interface, proper scheduling, and product warranty care and consolidated remote wireless handheld solutions. How is it different from ERP software solution? Enterprise Resource Planning (ERP) software solution is a resources, financial and data management tool that uses a series of components to organize the company's business operations and processes. ERP combi...