ERPNext for Chemical Industry
Finbyz is a leading provider of chemical industry ERP software based in Ahmedabad, Gujarat, India, serving both engineering and chemical sectors. If you're considering integrating ERP software for your engineering or chemical company, we offer complimentary consultations to identify the best solutions tailored to your requirements.
ERP Software for Chemical industry
For businesses involved in manufacturing chemicals and allied products, Finbyz's ERP for the chemical industry offers a comprehensive solution to manage complex operations. From manufacturing and distribution to exports, our experience with chemical industry ERP helps streamline operations, improve efficiency, and increase overall productivity.
The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency – Bill Gates
The primary goal of every business is to reduce costs and enhance productivity and efficiency through automation. However, it's essential to understand that ERP for the chemical industry requires specific considerations:
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Strict compliance with regulations
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Batch/lot wise inventory management
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Formula Adjustments to improve efficiency or quality
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Rigorous quality checks at various production stages
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Managing complex manufacturing with variation in product quality/quantity.
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Accurate cost accounting considering by-Products & recycling.
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Shelf-life and Reformulation
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Research and development tracking
Key features of ERP for Chemical Industry:
Manage chemical formulation:
Chemical manufacturing companies invest significant time in research and development for better formulations. Our ERP's lab module records all lab activities, including various formulations and the chemical parameters of resultant products. It also provides expected costs for new formulations based on current raw material prices.
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Track all research for new chemical formulas and recipes
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Generate reports to stay ahead of the competition
Manage samples and quotation:
Understanding that many chemical industries operate based on sample orders, our ERP includes a unique CRM tailored for chemical companies. It manages all samples sent to prospects, tracks courier details, and records client responses.
Supplier Samples
Store supplier samples with details of price fluctuations in quotations.
Automated Follow-Up
Automated follow-up emails based on tracking details to maximize business opportunities
Chemical manufacturing ERP process:
The chemical manufacturing ERP process encompasses two main operations: reaction and blending. Our ERP system facilitates both activities efficiently. Recognizing that raw material consumption can vary from standard BOMs, the ERP allows production entries with actual batch quantities defined by the user, comparing them against BOM standards. It calculates key parameters such as yield, handling loss, and costing based on actual raw materials consumed.
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Alerts management on subpar production outputs
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Ensures end-to-end traceability from raw materials to final products
Robust Chemical Inventory Management:
Effectively manage your chemical inventory with features like:
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Batch/lot number tracking with chemical properties (e.g., concentration, yield).
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Tree-structure warehouses and item groups.
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Management of item variants and their use as alternatives.
Comprehensive Quality Assurance & Control:
Define and enforce quality inspection criteria for all items – at raw material receipt, during any manufacturing stage, or before delivery. Reduce wastage and improve the quality of finished chemicals.
Benefits of Implementing Our Chemical ERP Software
Apart key from these key benefits for chemical industry, there are variety of other benefits offered by the ERP software for the chemical industry if you are looking to automate your processes.
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Enhanced Operational Efficiency: Automate processes, reduce manual work, and improve workflow.
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Improved Regulatory Compliance: Simplify adherence to complex chemical industry standards.
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Superior Inventory Control: Minimize waste, track shelf life, and optimize stock levels.
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Data-Driven Decision Making: Access real-time analytics and reports for actionable insights.
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Increased Productivity: Streamline manufacturing, quality control, and supply chain operations.
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Better Cost Management: Accurately track costs and identify areas for savings.
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Enhanced Traceability: Full lot and batch traceability from raw materials to customers.
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Scalability: A flexible system that grows with your business needs.
Give your chemical business an upgrade with automation and technology and use the ERP software for managing all your business processes. Get an edge over your competitors and grow your business to heights with increases efficiency and strong insights. All the other key functions such as finance, procurement, delivery and marketing of the product is also handled by in-built modules of the ERP. A well-integrated ERP system can help bring in the simplicity to manage complex operations of the chemical industry.
Finbyz, offers specialized ERP solutions tailored for the chemical industry. Our chemical ERP service is designed to meet the unique challenges and requirements of this sector. By integrating key processes such as inventory management, quality control, regulatory compliance, and supply chain optimization, our ERP software for the chemical industry ensures streamlined operations and enhanced efficiency. We understand the critical importance of precision and safety in the chemical sector, and our ERP solution reflects this with robust features for tracking and managing hazardous materials, maintaining strict quality standards, and adhering to industry-specific regulatory requirements.
Other Modules of ERP
Account
Accounting is the language of Business - Warren Buffet.
Accounts module delivers insight into the key account needs of your organization and lets you manage the organizational expenses by delivering valuable insights. It allows you to automate financial and accounting activities such as Sales Invoice, Purchase Invoice and Payment Entries. You can also manage your assets with automated depreciation entries at selected period.
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Multi company accounting with possibility to get combined accounting reports.
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Automated payment reminders for your receivables.
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Easy Integration with CRM Software.
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Multi-currency accounting for export/import and hedging.
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Manage term loans with scheduled automated ECS accounting entries.
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Detail analytical reports on sales, purchase, gross profit.
CRM
If you are not taking care of your customer, your competitors will. - Bob Hooey
The CRM Module of ERP solutions allows you to optimally manage your relationship with the customers by providing you a broader range of functionalities that are specially designed to improve your customer service. Say no to searching multiple platforms like mails to accounting software to get 360 degree view of customer, you can get conversations, orders, invoices, deliveries and payment details all on single page.
Features:
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Manage full conversion cycle from Lead ->Inquiry ->customer management.
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Never forget to do follow-up calls on time through system reminders.
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Time line feature like Facebook for each customer/lead allows you to view all mail/phone conversations on single page.
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Make delegation and monitoring of tasks task more efficient through system generated escalation mails.
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The CRM's Meeting Management feature helps organize and streamline meetings efficiently with objectives and outcomes.
Inventory
Inventory is money sitting around in another form. - Rhonda Adams
Stock Inventory management is heart of any ERP. Here you can not only check the current stock levels with valuation, but you can also see projected quantity of stock based on purchase orders, sales orders and production orders in hand. The versatility of this ERP makes stock management module highly suitable for all forms of businesses.
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Manage exact location storage space though Tree structure of warehouse.
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Possibility of Serial No/Batchwise inventory management.
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Generate product bundles selling multiple items together.
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Create multiple price lists for each item, including multi-currency price list.
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Allow seasonal discounts or offer special pricing to loyal customers through Pricing rules based on customer, Customer Group, Territory or Season.
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Strong quality control based on predefined inspection criteria to be filled in quality check before receipt of delivery of item.
Purchase
You sell on Emotion, But you justify a Purchase with Logic. - Joseph Sugarman
Manage the purchase through workflow of material request. You can create request for quotation and send it in mail to multiple suppliers with the click of a button. Ensuring multiple quotation are received for the requirement and choosing the best quote for purchase order, you can improve efficiency of your purchase department. In fact, this can improve your bottom line by bringing down your cost of goods.
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Manage your sourcing activities by comparing quotes of multiple suppliers.
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Send request for quotation to multiple suppliers on click of a button.
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Item-wise or supplier-wise purchase price analytics.
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Rate suppliers based on various factors from delivery time to quality of product.
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Maintain buffer stock with automatic purchase requisition if available quantity in warehouse is below defined level.
Manufacturing
This is where the real work gets done.
The Manufacturing part of the ERP has been designed to serve businesses in diverse industry backgrounds. The versatility of the software allows SMEs to manage their manufacturing activities with minimal data entries. The system is capable of managing cost of manufactured goods based on raw materials consumed and operational cost based on manufacturing activity time.
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Manage workstations and standardize operations to be performed with benchmark timing.
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Allows Multiple Bill of Materials(BOM) for single item with variation in manufacturing formula.
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Manage not only inventory but also operational cost and workstation availability through BoM.
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Production planning tool for scheduling manufacturing activities along with sub-assemblies.
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Production analysis for each batch against the benchmark for getting possible areas of improvement.
Human Resource
You don't build a business. You build People and then people build the business. - Zig Ziglar
Human resource is most important for but ignored part of most of SMEs. The reduction in time wasted in non-core activities and goal-oriented approach increases the productivity of employees. Automation of attendance, payroll and expense claim allows better tracking and reduced redundancies.
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Manage Employee attendance.
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Automated Payroll Processing.
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Leave/holiday management.
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Expense claim management.
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Job openings and applicants.
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Professional Appraisal system.
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Training and feedback.
Asset
Know what you own, and know why you own it. - Peter Lynch
ERPNext simplifies asset management from procurement to disposal, including IT infrastructure and equipment, all through a centralized system. With multiple capabilities integrated into a single application, managing assets has never been easier.
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ERPNext offers a centralized system for asset management.
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The platform facilitates managing assets from procurement to disposal.
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IT infrastructure and equipment can be managed through the system.
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Multiple capabilities are integrated into a single application to make asset management more efficient.
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Asset masters can be created and managed.
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Depreciation and maintenance can be tracked.
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Real-time reporting and analytics are available to assist with decision-making.
Project
A goal without a plan is just a wish. - Antoine de Saint-Exupéry
ERPNext project management assists in the planning, organization, and administration of the various tasks and activities involved in managing a project, ensuring that they are documented and tracked.
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ERPNext project management assists in planning, organizing, and administering various tasks and activities of a project.
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It helps to break down a project into smaller tasks and assign responsibilities.
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Project timelines, budgets, and progress can be tracked and monitored.
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Communication among team members can be managed through the system.
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Project templates can be created and reused.
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Real-time analytics and reporting are available to monitor the project's progress.
Support
Delivery Excellence for creating magical customer experience.
Poor customer service and support costs companies billions of dollars each year. According to Customer Engagement Index by almost half of consumers will stop buying from a company and move to a competitor within one day of having poor customer service. Best brands are known for their best in class service and support. ERP helps you create a system for tracking and resolving customer issues. You can also manage guarantee/warrantee of your products.
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Ticketing system for issue recording, where tickets can be automatically created through customer email.
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Possibility of assigning issues to relevant person for resolution.
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Automated email/sms to customer on resolution of issue.
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Manage invoicing for maintenance/repair service for items out of warrantee or AMC.
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Take customer feedback against service to maintain quality standards.
Exim
The Foreign Trade Should be Fair Rather than Free. - Lyn Nofziger
Given the complex nature of export import business we designed special module, which will allow you to manage your requirements more effectively. As you must deal with many regulations the accuracy of the documents is most important for the organization. There are also local lows providing special benefits to exports like Duty drawback, MEIS, etc which require special accounting treatment. Import / Export finance is also has multi-currency nature and many times it come with fixed repayment date.
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Generate all export documents like Draft BL, Shipping Invoice, Customer Invoice, Packing List, etc on single click.
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Manage export/import finance with maturity date.
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Letter of credit facility with drawn amount, conditions and maturity.
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Manage forward Contract in system and check your hedging ratio.
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Calculate RODTEP Claim, MEIS and IGST on exports and make accounting entries for these receivables.
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Manage calculations of Export and Import against Advance Authorization license.