“We develop ERP solution that meets the unique needs of pharmaceuticals, chemicals, cosmetics, food, beverages, paints and coatings, nutraceuticals and other process industries.” – The statement that is claimed by almost every ERP manufacturer.
But, we know it is undoubtedly, hard to swallow!
How can one solution meet the requirements of such a large number of industries? Though they all belong to Process Manufacturing clan, their processes are not identical. If an industry manufactures Paints and Coatings, its unique requirements cannot be same as the requirements of the other industries that fall under the Process Manufacturing category. In reality, no two industries are similar and so cannot be their solutions. Your industry needs an ERP software that actually meets its specific requirements, right to the day-to-day level of operations!
Talking of Paints & Coatings, it is a highly regulated industry due to its impact on the environment. A broad portfolio ranging from big industries to OTC (Over The Counter) products on retail side puts pressure on them to constantly innovate greener, customer-specific, cost-effective and safer products while also making them available in multiple packaging. With the introduction of Globally Harmonized Systems, the need for printing SDS (Safety Data Sheet), identifying hazardous materials, and generating labels for the safety of users and workers alike, has increased the pressure on Manufacturers by leaps & bounds. The key to meet these challenges lies in automation and control over the entire process through an ERP. But not any ordinary ERP!
The need is for a tailor-made, Paints and Coatings ERP. Keeping this in mind, here are some must-have features in a Paint and Coating ERP Software. If you are looking to purchase a Paints & Coating ERP Software, you should surely check these out!
1. Managing Formulas
Formulas are life-blood for the Paint and Coatings industry. The ERP should be able to systematically record, maintain, and retrieve every formula. It should offer the flexibility of Percentage Formulation, Formula Sizing as well as anytime Batch Sizing to meet customer’s varied requirements without needing long lead times.
2. Gripping Compliance
Printing Globally Harmonized Systems (GHS), Safety Data Sheets (SDS) and labels in the specified formats is a striking feature for the customers and offers a winning edge over your competitors. The ERP should completely shoulder the management of health and regulatory compliances. The Hazardous Materials (HAZMAT), Bill of Landing, and Superfund Amendments Re-authorization Act (SARA) reporting can be made a cakewalk with the help of an ERP.
3. Executing Efficient Planning
The market trend is shifting from “Make to Stock” to “Make to Order”, and thus, the industry is turning intensively raw-material based. So, you need to have robust planning, through the ERP, for the product and co-product management along with the calculation of Demand Forecast and raw material procurement.
4. Meeting Customer Specifications
It is more important than ever to meet the growing trends and frequently changing consumer demands. The ERP should be able to offer the speed, power, and reliability of computerized formulation. It should be able to perform interactive analysis of the properties of the products you develop and manufacture by considering every material in your formulation, including their specifications and relative quantities. Laboratory calculation capabilities of the ERP, such as Solids percentage, Pigment Volume Concentration (PVC), and Volatile Organic Compounds (VOC) is a bonus!
5. Assuring Quality
The ERP for Paints and Coatings industry should provide you the option to apply Quality Checks at every required point in your value chain, be it inventory received from vendor, kept in warehouse, issued to production, or being delivered to customer. An added advantage would be the option to manage, track and cost samples. This not only ensures the right quality of the end-product but also helps you meet the targeted color, desired yield and concentration levels.
6. Meeting Multiple Packaging
The concept of containerization is widely used in this industry. Hence, the ERP should support multiple Units of Measure (UOM) with automatic conversion from one UOM to another. This would lessen the burden of performing complex calculation and will ensure that exactly the quantity required in production is being issued.
So, implement an ERP equipped with above features to obtain improved efficiency and increased productivity. It not only helps you accelerate new product development but also assures effective meeting of regulatory compliance. Ultimately, what you would relish is- Assured greener products with improved customer service levels which in turn will help you retain and gain a trustworthy customer base!
Know of any other feature that a Paint and Coating ERP Software should incorporate to meet the unique challenges? Please share your recommendations in the ‘Comments’ section below!