Month: November 2022

Technology is advancing by leaps and bounds every day, and business needs can be easily supported by ERP software that efficiently adapts to a rapidly changing environment. ERP software for discrete manufacturing is necessary because it helps you build an integrated system to efficiently manage fragmented operations by defining critical processes on the go. The best ERP solutions are those that significantly reduce the amount of work required to deliver value to customers. This effectively directs people’s efforts and resources, increasing the net workflow value at every step of the process. Finding the right ERP system for discrete manufacturing is the usual starting point for this journey. This is one of the key decisions you face when implementing ERP. SAP S/4HANA Cloud has the basic functionality that every ERP system in discrete manufacturing should have. This includes product life cycle management, material requirements planning, barcode scanning, production planning and supply chain tools. SAP S/4HANA Cloud enables discrete manufacturing to run advanced operations, provides best-in-class support, and paves the way for new technologies for cloud integration with AI and real-time analytics. Highlighted below are the capabilities of SAP S/4HANA Cloud for discrete manufacturing industries: Production Engineering – Simplify the product design process and manage change throughout the product lifecycle. Efficiently manage all details of product production by managing master data such as materials, routing, BOMs, and recipes. Production Planning – Get ready to start the procurement process by identifying the products and components you need. Plan and schedule production with a real-time view of capacity bottlenecks. With MRP simulation, you can identify and predict bottlenecks, optimize planning, and pivot quickly. Production Operations – Improve operational efficiency in any type of manufacturing operation, including discrete, process, or repetitive industry-specific variations and extensions. Eliminate silos from design to production by centralizing operations. SAP S/4HANA Cloud offers complete data transparency so you can be confident in your production performance. Manufacturing Options – Whether discrete, process, iterative, project, outsourced, Kanban, or just-in-time manufacturing models, choose the right manufacturing model based on your specific capabilities and industry needs. Quality Management – Today, more than ever, companies are demanding rigorous quality control and end-to-end transparency in all manufacturing operations, including his network of external suppliers and partners. AI technology and in-memory database capabilities help you quickly identify and respond to quality control issues. Manufacturing insights – Analyze disparate datasets and run real-time reports to get deep insights into your operations anytime, from any device. Streamline processes, make better decisions, and improve document accuracy with AI-powered manufacturing analytics. Environment, Health and Safety – Protect your people and your brand with intelligent systems and responsive solutions. Detect and mitigate risks, manage incidents, evaluate real and hypothetical scenarios, and create custom security protocols that best fit the needs of each team and function within your organization and around the world. Let us now have a closer look at how SAP S/4HANA Cloud can benefit the discrete manufacturing industries: Total Control of the Supply Chain: Planning is the key to a company’s supply chain. SAP S/4HANA cloud allows you to take control of the supply chain. Gaining valuable and accurate insight into demand is critical to ensuring optimal productivity at all times along with being able to respond quickly to change. By automating processes in warehouses and streamlining transportation management, logistics networks can operate effectively and also flexibly adapt to external changes. Optimizing Manufacturing Processes: With SAP S/4HANA Cloud, you can manage and control your operations more efficiently and ensure compliance with health and safety standards in all areas. The simplified process of material requirements planning makes it easier to respond to short-term fluctuations in supply and demand. The integration of operational and manufacturing systems enables efficient and high-quality production, always maximizing production capacity levels. Supporting Sales and Marketing: Attracting and retaining customers drives business growth, and delivering long-term value increases customer satisfaction. With SAP S/4HANA Cloud, gain a 360-degree view of the customer’s business needs, conduct targeted marketing activities, and provide the sales team with an integrated solution for handling complex orders and improving the overall experience throughout the purchasing process. Improved Customer Service: Customer service is critical to the continued success of your business. With SAP S/4HANA Cloud, now build long-term relationships with your customers and secure future opportunities. From capturing valuable feedback on the service received, to field equipment installation, to managing spare parts, cover all customer service areas to provide the ultimate customer experience. Conclusion: Get better control over your core business processes in order to respond to customer demand effectively. Our discrete manufacturing solution supports the whole product life cycle from R&D through to customer service, helping you get innovative products to the market quickly. With Vestrics Solutions, you can streamline your entire operation, gain visibility, and make confident decisions from the boardroom to the factory floor. Your search for best discrete manufacturing industry ERP solution ends here. To know more about SAP S/4HANA Cloud benefits, write to us at sales@vestrics.in or call us at +91 99510 53333.

SAP Business One dashboards are a user-friendly and highly intuitive part of the SAP Business One software. Through data visualization, these dashboards provide quick access to your selected company data. Business users can easily create and customize their own dashboards to suit their tasks. SAP Business One, with data analytics powered by SAP HANA platform enables the business owners to experience in-memory computing technology for faster turn-arounds. Users can personalise their dashboards and quickly pull-out relevant information, as and when needed. Business owners can now leverage the power of SAP Business One dashboards and quickly get an overview of the critical business data and combined with the help of powerful inbuilt visualisation tools, an overall picture of the business operations can be easily visualised. Dashboards offer a high degree of customization with drag and drop elements, thus enabling smart data driven business decisions to be quickly taken. SAP Personalized Dashboards help users perform a variety of tasks. Let’s look at some of its benefits: Get an overview of your organization’s quarterly and annual results. The overview includes key financial indicators such as turnover, net profit and profit margin. Whether you want to see updated financial data, records or reports, the results are at your fingertips. Now make more informed financial decisions with customized SAP Business One dashboards, with faster access to real-time information at the touch of a button. Identify promising leads faster, predict results more accurately and get everyone on the same page. Enable your sales team to get actionable information from any device. Help the seller communicate better with their customers and close deals faster. With SAP Business One Personalized Dashboards, keep a close eye on productivity and sales. Now your team can perform monthly analysis of complaints and priority analysis. You can now stay a step ahead of your competition by having access to data rich and predictive insights which are relevant to your industry. Analyze purchases by month, supplier, user, product, category, warehouse, and other categories. Keep an eye on and evaluate each and every purchase you make. Keep track of your business’s cash flow. SAP Business One Personalized Dashboards help your business gain greater control over the purchase flow and reduce bottlenecks. Get real time visibility to your inventory status and monitor sales movement across warehouses. Data is now visible on a real time basis providing useful information on units sold vis a vis stocks held at a given point of time. Allowing employees to create their own customized dashboards will help them work more efficiently. Giving them access to data enables them to carry out tasks more effectively. Increase employee productivity and efficiency with SAP Business One Personalized Dashboards. Also read: https://www.vestrics.in/resources/sap-business-one-backbone-of-it-industry/ Let’s now check out the commonly used dashboards in SAP Business One: Sales Analysis Dashboard The sales manager can use this dashboard to learn and understand about customer buying patterns, sales pipeline and performance, buying price, important customer status, and how to improve sales performance throughout the days, weeks, and months. Customer Receivables Ageing Dashboard This dashboard helps finance professionals identify current or potential financial issues and provides business users with a comprehensive view of the company’s accounts receivable. Purchase Quotation Dashboard Management of open purchase quotations is now simple. This dashboard lets you see how vendors are reacting to your quotes. You can compare and close quotations as you receive responses to quotations. Cash Flow Forecast Dashboard The cash on hand of a company can be predicted with the assistance of this dashboard. Mobile Dashboard Users today expect more mobile functionality. They want all of their information at their fingertips, whenever and wherever they want. They don’t want to be confined to one location. Organizations can connect, interact, analyze, and visualize any data from virtually any data source on any device with the help of SAP Business One mobile functionality. Conclusion: Now with SAP Business One Dashboards get a comprehensive view of the data across your organisation. Get valuable insights through user friendly intuitive dashboards which enable you to make accurate and faster decisions. Any queries can be now readily resolved through effective visualisation tools and analytics. So, if you are looking for a one-stop solution, reach out to us at sales@vestrics.in or call us at +91 99510 53333.

The SAP ERP Central Component, commonly known as SAP ECC, is soon nearing the end of support. Over the next five years, SAP will encourage all ECC customers to migrate to the 4th generation of his ERP, S/4HANA Cloud. SAP S/4HANA Cloud is a significant upgrade from traditional ERP solutions, empowering businesses to step up their game with advanced capabilities like AI and built-in predictive data analytics. In line with today’s trend to provide customers with the best available technology, SAP has differentiated itself from the competition with its intelligent ERP platform, SAP S/4HANA Cloud. S/4 HANA Cloud will be the flagship product for enterprise resource planning. This led to many discussions about new features and other business benefits of migrating from SAP ECC to S/4 HANA Cloud and a technology roadmap to ensure a smooth transition. With more and more companies moving to SAP S/4HANA Cloud, is it time to consider doing the same? With its many benefits, SAP S/4HANA Cloud can significantly add value to large and small businesses. Let’s look at the top reasons why you should move to SAP S/4HANA Cloud 1. Increasing User Experience and Business Value If you are an existing ECC customer or working with SAP GUI, you would know the flow and transaction codes. This system is not very customizable and is primarily limited to desktops or laptops, giving users little flexibility. On the other hand, SAP’s new interface SAP Fiori provides access to cutting-edge hi-tech innovations such as real-time analytics, faster response times, and improved performance for a great user experience. SAP S/4HANA Cloud can also increase your business value with hundreds of new features and seamless functionality. SMEs can use this solution in finance, supply chain, and various business applications and verticals. New and innovative technologies like ML and AI can be easily integrated into cloud-based solutions. Upgrading to a new software solution can be stressful, but the value it brings to your business justifies the move. 2. Support Growth Strategy Many organizations today are built on delayed reporting data. Though your organization will be able to make decisions this way, S/4HANA Cloud has much more to offer. Whether your business is surviving or expanding, you need the right growth strategy. SAP S/4HANA Cloud enhances this strategy by helping you develop and enter new markets. Build new storage and production facilities that adapt as you grow. You can make informed decisions based on actionable insights and always have access to critical company information at any given point in time. 3. Investing in Future The longer you take to invest in your legacy ERP, the more complex it will be to make a move and add more integrations, making more customizations and developments. Migrating to SAP S/4HANA will be an added advantage as it prepares your company for future trends and challenges. The ever-changing business needs and requirements can be easily fulfilled with the help of the advanced cloud-based solution. It also provides an excellent user experience with SAP Fiori and provides a consistent look and feel across ERP systems, improving both employee satisfaction and productivity. 4. Bridging the Gap SAP makes dynamic releases of SAP S/4HANA every quarter. Each release makes the solution safer, more secure, and more intelligent while fixing bugs and glitches. In short, SAP S/4HANA Cloud is essential for bridging the gap between existing business models and customer expectations. With SAP S/4HANA Cloud in your business, you can quickly meet the changing needs of your customers. 5. Leveraging the Resources Implementation of the SAP S/4HANA solution has an overall positive result on all the functions of your organization. It leads to a more informed and planned coordination across functions like sales, marketing, finance, inventory, production, etc. The resources can be better planned and utilized for more productivity and a positive ROI over a period of time. Thus, at an overall level, the efficiencies are improved, and better productivity is achieved, at the same making the processes seamless. 6. Planning before the deadline It could take months or years to plan, implement and migrate to a new solution. As said, “It’s better late than never.” An organization should consider migrating to SAP S/4HANA Cloud immediately. And this can be achieved by relying on an SAP service partner like us for planning and executing the migration to the SAP S/4HANA Cloud solution. Remember – SAP has given the deadline for the year 2025. SMEs can make the most of advanced cloud-based solutions after implementing and making necessary improvements. The process, as said earlier, is time-consuming, and therefore, the earlier, the better for, the better. So, do not wait until the existing system reaches the end of life. Migrate now and plan before the deadline. Conclusion SAP S/4HANA Cloud is designed to meet the diverse and complex business needs of Small and Medium Sized Businesses. Therefore, migrating your existing ERP system to SAP S/4HANA Cloud is and will be an intelligent decision for your company. We are a globally renowned and reputed SAP Gold Partner. Our holistic and systematic approach allows us to provide our corporate customers with excellent technical support from sales engagement to after-sales and operational stages. Regardless of the business model, modern enterprises can now leverage SAP S/4 HANA cloud solutions to achieve their business goals. Mitigate your ECC-to-S/4HANA risks by choosing Vestrics as your partner in the smooth transition from ECC to SAP S/4HANA Cloud. Contact us at sales@vestrics.in or call us at +91 99510 53333, and we will be glad to take you through the right path.