Tag Archive: manufacturing

Indian Economic Growth with Stainless Steel Manufacturing Industry

There are various reasons that have lead to India’s economic growth. According to various studies and analysis done on this domain it has been projected that the future of the economic boom pattern in India which is clearly visible lies on the nature of its manufacturing sector which includes the Stainless Steel manufacturing company.

There is a possibility that the growth rate of Indian economy rises from 8-9% per annum in the coming decades. This growth pattern would definitely generate jobs for the skilled and the unskilled labors in the next couple of decades. To maintain a consistent growth rate it very important for the manufacturing sector to develop at 14-15% per annum on a regular basis.

The Indian based Stainless Steel manufacturer and the Stainless Steel Exporters in India have now started extending their industrial branches in other countries. According to the recent developments many Stainless Steel manufacturers such as SAIL and other such companies have extended their base of operation to Afghanistan.

These developments give a clear picture as to the various activities of the Indian Stainless Steel manufacturer. It can be clearly seen that the Stainless Steel Exporters in India are increasing its resources by stretching towards Afghanistan.

The National Manufacturing Policy (NMP) formulated by the Indian government has aimed to increase the share of the Indian manufacturing industries from 16% to 25% by 2021-22 and create additional employment opportunities in the steel industry.

This implies that the manufacturing sector must grow at rates of 16% per annum on a sustained basis between 2012-13 and 2022-23. Taking into account the steel industry, the stainless steel manufacturers have categorically divided their operations and channelized their plans by further elaborating their domain of expertise. One such domain is the manufacturing of the Stainless Steel Sheets.

There has been an acute growth in the Stainless Steel Exporters in India and Stainless Steel Sheet Suppliers. It’s being projected that the quality standards and the price levels would be far better then that of its European and American counterparts. As more awareness is developing, more and more manufacturers are trying to incorporate the use of latest technologies and equipments to survive in this cut throat competition.

There is an array of hope that in the years to come stainless steel manufacturers will ensure that it learns from their experiences and improve their overall positioning in the global market platform.

There has been an acute rise in the steel imports into the U.S which has risen by 18.8% during the first quarter of 2012 mainly due to the increasing demand from the automobile and manufacturing industries established there.

Need of Eresource ERP System in Manufacturing Firms

Manufacturing firms need to address several key strategic issues if they want to successfully compete in this dynamically changing business environment. Global competitive pressures putting a strong pressure on manufacturers to reduce product cost and at the same time exerts pressure to significantly improve product quality and all other aspects of customer services.

A common strategy used by firms for achieving this goal is to significantly tighten all aspects of the manufacturing process, which includes coordination strategies such as just-in-time and quality improvement programmes.

MRP & MRP II Workflow in eresource :

Another key strategic issue is design of the product for manufacturability. This involves forming integrated design teams, pulling together product design, engineering and manufacturing. This strategy also must be kept in mind about — Reducing order-to-delivery cycle time; High level of after -sales customer support for maintenance Shorter design and cycle time; Globally coordinated flexible manufacturing and Globally coordinated research and development.

Therefore the presence of an effective ERP system is required to successfully implement the above strategies.

Web-based eresource ERP system is designed to address the problem of fragmentation of information or ‘islands of information’ in manufacturing organizations. eresource ERP system promise to normalise the entire business strategies with a suite of software modules covering activities in all areas of the business. Furthermore, eresource ERP is used as a desirable and critical link for enhancing integration between all functional areas within the manufacturing enterprise, and between the enterprise and its upstream and downstream trading partners.

We-based eresource ERP system can also be defined as a packaged business software system that allows a company to automate and integrate all of its business processes and share common data and practices across the enterprise. Through integration of various functions in the organization and making the facility available online, managers and staff alike can use timely information to make better decisions and to perform activities, which add value to the company.

The impact of eresource ERP system in an organization could be felt in a short span of time and the significant improvement in the productivity could be clearly visible. We must also say that the implementation of eresource ERP should not be looked just as a tool for automation of the transaction system. The major objective of eresource ERP system is to improvement of business processes.

For more information kindly visit:

mathi.eresourceinfotech@

Please Contact us at:TMA House, 1st Floor,Road No 16, Plot No. 6,Wagle Industrial Estate,Thane (West) 400 604, Maharashtra, Tel: +91 22 25827692/+91 22 25828775/+91 22 65130234