A friendly ERP Solution for Apparel Industry. Industry Overview.

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a friendly ERP Solution for Apparel Industry

Transcript of A friendly ERP Solution for Apparel Industry. Industry Overview.

Page 1: A friendly ERP Solution for Apparel Industry. Industry Overview.

a friendly ERP Solution for Apparel Industry

Page 2: A friendly ERP Solution for Apparel Industry. Industry Overview.

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