Material Management Solution for Manufacturing SMEs

Spectrum ERP’s Material Management module helps manufacturing companies manage raw material, work in progress, and finished goods inventory. It helps optimize material flow, reduce wastage and ensure good visibility across procurement, material storage, material issue, and production.

Over 100 businesses of all sizes trust our Material Management Solution to maintain optimum inventory

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Implement business discipline

Put your material management process in action, implement checkpoints and validations. Establishing business discipline that is process dependent, not people dependent.

Improve coordination, communication, and visibility for better productivity

Establish a digital nervous system for your organization. Receive and share relevant data with all concerned departments and users to improve coordination. Automate your communication within and outside the organization. Share stock details, procurement position etc. with relevant people for better visibility of material management.

Never run out of stock and never miss a deadline

Define and monitors stock or critical items. Define and maintain reorder level, reorder point, safety stocks and lead time. Material requirement planning as per production schedule. Alerts and follow up for pending PO. This will ensure optimum inventory levels and that there are no situations of overstocking or out of stock

Balanced stock, better cash flow, better profit

Material Management solution offers features and reports to keep inventory under control. Define and implement the budget, procurement as per production plan, identify non-moving and slow-moving items. Implement a lean inventory, free up your working capital and improve profits.

Keep a tab on consumption

Capture all areas of expenses e.g. Capital, Revenue, Divisions, Departments, Cost Centres, Repairs, Maintenance etc. Reports and insight on various consumptions.

Provide right information to right people at right time

Separate dashboard for store, purchase, and management. Alerts for various events e.g. documents for approval, material received, PO prepared and many more. We provide information in form of dashboards, reports, alerts, messages, emails and notifications. Information can be provided to internal stakeholders and external suppliers. This ensures right people have the right information required to make the right decisions

Manage by exceptions

There may be some unusual activities in your material management. We discuss and define alerts for such activities such as sudden change in consumption, change in rate and many others. So you can manage by exceptions.

Gain insight into inventory trends

Your material management data can give you a lot of insight into your business and operation. We provide tools and reports which give you such insights about your business and can help you in taking meaningful actions.

Integrate with Tally

Our ERP solution can be integrated with Tally. All relevant vouchers e.g. Purchase Invoice, Freight Invoice, Service Invoice can be exported to Tally.

Save time, stay organized

Time of your people is precious. We help in eliminating all duplicate and redundant task, generating all reports and automating all possible communication and hence saving precious time of your resources.