A friendly ERP Solution for Apparel Industry. Industry Overview.
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Transcript of A friendly ERP Solution for Apparel Industry. Industry Overview.
![Page 1: A friendly ERP Solution for Apparel Industry. Industry Overview.](https://reader036.fdocuments.net/reader036/viewer/2022070306/5517c2b755034616658b482f/html5/thumbnails/1.jpg)
a friendly ERP Solution for Apparel Industry
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Industry Overview
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Single largest foreign exchange earner for India.
Accounts for about
8 % of GDP
20 % of the industrial production
30 % of export earnings of India
only 2-3 % import intensity.
Source : www.apparel.indiamart.com
Our IndustryOur Industry
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2nd largest employer, Next to Agriculture
Employs about 35mn people
Textile economy is worth US $37bn
Global share about 5.9% Aspires to grow its revenue to US $85bn, its export value to US $50bn and employment to 12 million by the year 2010 - Texmin 2005
Source : www.apparel.indiamart.com
Our IndustryOur Industry
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Today not only is the export business growing, enthusiasm in the minds of the foreign buyers is also at high.
Today many leading fashion labels are being associated with Indian products.
India is increasingly being looked upon as a major supplier of high quality fashion apparels
Indian apparels have come to be appreciated in major markets internationally.
Source : www.apparel.indiamart.com
Overseas MarketOverseas Market
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Indian textile industry has performed remarkably well during the last one decade
Still needs to carve a competitive edge through quality output and high value addition especially when today India is on the fast track of globalization.
Source : www.apparel.indiamart.com
GlobalizationGlobalization
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The Industry is based on fashion and invariably goes through short fashion cycles.
To be in the market, there have to be regular innovations in color, style, design, fabric, finish and fit.
Automated machinery and IT solutions are key in such a scenario to be competitive and improve business results.
Pace of the MarketPace of the Market
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۩ Accurate Delivery
۩ Communication Gap
۩ Cost Factor
۩ Integration Issues
۩ Multiple Orders
۩ Overall Efficiency
۩ Competition - External
Growing Needs & Challenges
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۩ Integrated System
۩ Time & Action Planning
۩ Resource Planning
۩ Decision Support System
۩ Management Information System
Solutions Available @ PresentSolutions Available @ Present
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o u r s o l u t i o
n s
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۩Merchandise
۩Export Orders
۩Order Scheduling & Follow up
۩Production Planning … Contd
Modules in our ERP SolutionModules in our ERP Solution
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۩Production Monitoring
۩Inventory Management
۩Costing
۩Payroll
۩Financial Accounts
Modules in our ERP SolutionModules in our ERP Solution
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Merchandiser ProcessMerchandiser Process
ProtoProto PerfectProto
PerfectProto
SalesmanOrder
SalesmanOrder
BulkOrderBulk
Order
ProductionSample
Approval
Shipment & Realization
Enquiry
Fabric & Accessories Approval
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Approval SystemApproval System
BuyerEnquiryBuyer
Enquiry
DevelopmentRequest
DevelopmentRequest
ReceiptReceipt
Sent ToBuyer
Sent ToBuyer
DevelopmentProcess
DevelopmentProcess
In-House
Outsource
Not Approved
Go Ahead
Appro
ved
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Merchandiser MenuMerchandiser Menu
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Merchandiser SnapshotMerchandiser Snapshot
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Merchandiser SnapshotMerchandiser Snapshot
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Export Order ProcessExport Order Process
Export DCExport DC ExportInvoiceExportInvoice
Post ShipmentInvoice
Post ShipmentInvoice RealizationRealization
Packing ListPacking & Weight ListDraftsCovering LetterBank Negotiation DocumentsConvey Letter
Export Order
Production Activities
Orders On Hand
Formal documents generatedduring the process
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Export Order SnapshotExport Order Snapshot
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Order Scheduling & Follow upOrder Scheduling & Follow up
• Order Scheduling is core area for any industry that includes Multiple activities with follow ups
• Day to day activities reminders are mailed automatically to respective merchandiser.
• Weekly Calendar of action plan is also generated by the system
• Deviations are intimated to the respective higher officials
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Order Scheduling & Follow up SnapshotOrder Scheduling & Follow up Snapshot
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Production PlanningProduction Planning
Order size Breakup
Order size Breakup
Style DefinitionStyle Definition
Production PlanProduction Plan
Workplace AvailabilityWorkplace Availability
Man-hour AvailabilityMan-hour
AvailabilityMachine
AvailabilityMachine
Availability
Data BankData Bank
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Production Planning SnapshotProduction Planning Snapshot
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Production Planning – Operation ListProduction Planning – Operation List
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Detailed Availability
Checkup
Detailed Availability
Checkup
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Overall PlanningOverall Planning
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Production MonitoringProduction Monitoring
Production PlanProduction Plan
Production MonitoringProduction Monitoring
Day Plan Day Plan
Plan Vs Actual
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Production MonitoringProduction Monitoring
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Inventory ManagementInventory Management
PurchaseOrder
PurchaseOrder StoreStore Issue to
ProductionIssue to
Production
ConsolidatedRequirements
(BOM)
ConsolidatedRequirements
(BOM)
Export OrdersExport Orders
Work OrderWork OrderAuthorizationAuthorization
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Inventory Management – BOMInventory Management – BOM
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Inventory Management SnapshotsInventory Management Snapshots
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۩Costing consolidation for an Order
۩Style wise costing statement
CostingCosting
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۩Employee History
۩Attendance
۩Incentive Calculation
۩Advances & Loans
۩Wages Calculation
۩ESI & PF Calculation
۩Pay Slip Generation
۩Disciplinary Actions
PayrollPayroll
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ConfigurationConfiguration
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۩Journal
۩Receipts
۩Payments
۩Contra
۩Debit Note
۩Credit Note
۩Trial Balance
۩Profit & Loss Account
۩Balance Sheet
Financial AccountsFinancial Accounts
۩Cash Flow Statement
۩Fund Flow Statement
۩Cost Centers
۩Budgeting
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۩ Object Level Security – Each user can be assigned
for specific objects
۩ Function Level Security – Functions are limited for
each object.
Application SecurityApplication Security
Separate security engine provided to achieve the maximum control of application users.
Levels of security
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Interactions are geared up.
Decision-making becomes much faster.
Communication gap reduced.
Maximum utilization of resources by Effective Production Planning
Minimizing the Inventory.
On-time In-house of materials assured
Answering ChallengesAnswering Challenges
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Administrators will have the control
On-time Rectification of problems in production by Online Production Monitoring System
With the same execution capacity the business can be increased to a significant level.
Right employee get right incentives
Achieving On-time Shipment
By doing this naturally profit margins are increased.
Answering ChallengesAnswering Challenges
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۩Highly Customizable to any requirement
۩Huge Data Handling Capability
۩Secured System Access and Data Storage
۩Latest Web Technologies
۩Multi Skilled Professionals
۩Systematic Approach
Our Core CompetenceOur Core Competence
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Temple City Technologies (P) Ltd