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Top 10 ERP Solutions for Manufacturing Industry in 2023
· 9 min read
Explore the list of top ERP systems, best software solutions and vendors for the manufacturing industry, and know which suits your business to increase productivity today!
Introduction to ERP software
In today’s fast-paced and competitive landscape, manufacturing ERP software is the super catalyst for worldwide transformative growth and operational excellence. With seamless integration of core business processes, ERP systems have successfully empowered manufacturers with enhanced visibility, streamlined business operations, data-driven decision-making and increased productivity.
The top ERP systems, revolutionizing the manufacturing industries, have been playing a key role in handling operations, like procurement, inventory management, production planning and distribution. With real-time insights, efficient resource allocation, and compliance with industry regulations, ERP has become the cornerstone of success, propelling businesses to new heights of productivity, profitability, and customer satisfaction.
Here is the list of the Top 10 ERP Systems that have come up with superlative functions to elevate your business success:
ERPNext
ERPNext is among the top 10 ERP solutions preferred worldwide by manufacturers for achieving business success with increased profit rate. It is the world’s top 100% open-source smart cloud ERP software which supports manufacturing, trading, retail, distribution and education.
This web-based world’s best ERP software comes up with an easy and user-friendly interface. From the production cycle to material consumption tracking, capacity planning to subcontract, payroll to inventory control, and supply chain management to distribution, you will get the best modules to plan all business operations on one platform.
ERPNext: an all-in-one ERP solution, comes up with 1000+ objects and covers every aspect of bookkeeping to centralize all manufacturing processes in one place. Loved by leading brands like BlinkIt, DFM, Zerodha, Swastik, Elasticrun, Iftas, and Methodex, ERPNext has established a huge network of more than 10,000 companies across the world.
Oracle NetSuite
Oracle Netsuite is the best-unified business management suite, encompassing ERP/Financials, CRM and e-commerce for many industries. It has been providing the best ERP system for medium and large-scale businesses.
This ERP solution helps companies to manage their key business operations with a single, fully integrated cloud-based system. Oracle Netsuite ERP solution has proven to be a global solution for multi-entity and multi-currency manufacturing businesses. It also handles the diverse needs of international firms that use different currencies, languages, tax laws and reporting requirements.
Oracle
Oracle is one of the scalable top 10 ERP vendors dealing in different types of businesses. This best ERP for large businesses comes up with an extensive feature set. Oracle has a list of different modules for manufacturing industries: Inventory, Business Intelligence, Reporting, Customer Service, Customer Relationship Management, Human Capital Management, Financial & Asset Management, Sales & Order Management, and Procurement. Oracle’s robust and scalable platform empowers manufacturing companies to adapt to changing market demands, drive innovation, and achieve operational excellence.
Odoo
Odoo is an open-source, all-in-one business management software suite that offers various applications and modules to help manufacturing businesses streamline their work functions. It can be hosted on two types of servers- on-premise and cloud. It is a holistic business solution capable of supporting several industrial operations with its vast integration and powerful features.
This ERP system has a free (open-source) community and an elite enterprise variant which support small-to-medium and large-scale industries. Its integrated approach enables seamless collaboration among departments, enhancing visibility and communication throughout the manufacturing unit.
IFS Cloud
IFS Cloud is a cloud-based ERP software, offering end-to-end enterprise asset management solutions (EAM). IFS Cloud is designed for medium and large-scale industries. This best ERP software provides services for five major sectors: construction and engineering, manufacturing, utilities and resources, energy, aerospace, and defence services. With its robust capabilities, IFS Cloud empowers manufacturers to navigate market dynamics, achieve sustainable growth, and stay competitive in today’s evolving business landscape.
Infor Cloudsuite
Infor CloudSuite is an enterprise resource planning (ERP) software built for enterprise-sized companies to optimize employees’ work. This manufacturing ERP software suits SMB manufacturing companies and provides end-to-end planning systems for manufacturing industries.
It connects manufacturers and suppliers, 3PLs, brokers, and banks to the supply chain process. Infor Cloudsuite also ensures business continuity and growth within the cloud ecosystem by eliminating the need for upfront infrastructure investments, reducing IT costs and providing access to the latest software updates and enhancements.
Sage
Sage ERP is a cloud-based financial management and accounting manufacturing ERP solution that helps small- to medium-scale businesses to increase overall productivity to a great extent. This ERP solution provides a clear insight into the growth parameters, highlighting the areas for improvement and ensuring financial regulation compliance at one platform.
It operates on on-premise and cloud hosting. Sage provides clear and consistent account formats and easy software maintenance services. This ERP software has variants with additional features, such as Sage X3 and Sage 300.
Acumatica
Acumatica is a SaaS Cloud ERP distribution management edition that allows companies to manage all logistics activities and supply chains into a single platform and link these activities to sales and financial data. It covers modules such as inventory, warehouse, and order management (sales/purchasing of orders). Acumatica provides flexibility and scalability, enabling businesses to adapt and grow while maintaining data integrity.
With its real-time reporting, user-friendly interface, and customizable dashboards, Acumatica enables companies to streamline their operations, enhance decision-making, and increase overall profitability. This manufacturing ERP software provides remote access so that users can manage their business from any location. Acumatica’s cloud-based nature ensures seamless updates and data security and eliminates the need for expensive infrastructure.
Epicor
Epicor ERP is among the Top ERP software vendors designed to streamline and optimize all business operations. This ERP solution is one of the oldest manufacturing ERP software with both SaaS cloud and on-premises offerings.
Epicor reinvents itself using new technologies such as the Industrial Internet of Things (IIoT) and smart shop floor with data notifications in its Advanced manufacturing execution system (MES) software. This ERP software empowers medium-scale businesses to drive growth, enhance customer satisfaction, and increase productivity with features like advanced analytics, reporting, and collaboration tools.
SAP
SAP ERP provides operational excellence by planning, scheduling and executing asset maintenance activities with seamless integration processes. This ERP software is designed to manage complex business processes of large-scale industries. SAP S/4 HANA, with embedded machine learning, provides additional features such as MRP cockpit, MRP live, and MRP prediction for assessing huge volumes of data and improving inventory levels. It allows on-premise, cloud, and hybrid deployment to streamline all workflows of the manufacturing industries at one place.
Conclusion
Choosing the right ERP is a challenging task for manufacturers and industrialists, who want to grow at a fast pace. Considering every aspect of ERP software solution, ERPNext has come up as the Best ERP system in 2023 for small-scale to mid-sized and large-scale manufacturing industries. By getting ERPNext manufacturing software implementation, manufacturing industries can bring a revolutionary change in their production, and distribution units, and step forward to achieve higher profitability, in terms of increased revenue stream and ROI.
Why is NestorBird the Best ERPNext company to get manufacturing ERP solutions?
NestorBird is the leading company to provide the best ERP consultation and ERPNext development services to overcome different industry-specific challenges. We have vast experience in discovering the need of ERPNext customization in manufacturing industries. With our core skills, and market analysis, we guarantee to provide the best ERPNext solution to suit your business needs.
We have a track record of 200+ successful ERPNext implementations in leading industries in different domains like healthcare, retail, education, food, wholesale, and manufacturing.
If you are looking for ERPNext manufacturing solutions for your business, contact our team of experts at sales@nestorbird.com or call/SMS/Whatsapp at +91-9878990102 to book a free demo today!
Frequently Asked Questions (FAQ’s)
Getting ERP software for your industry can help you streamline all business operations, increase efficiency and productivity on a large scale.
NestorBird is one of the best ERPNext solution providers in the world. We have a skilled team of consultants, developers and ERPNext experts who can help you get the best customization as per your business needs.
ERPNext is the world’s best 100% open-source ERP system for manufacturing, retail, education, food and wholesale business. Its customization feature allows companies to get tailored ERP solutions according to their work models.
ERPNext, Oracle NetSuite, Oracle, SAP, Epicor, Acumatica, Sage, IFS Cloud, Odoo, and Infor Cloudsuite are among the top ERP software vendors.
