Steel Manufacturing ERP

Cloud Based ERP Software for Steel Industry

Steel industry is increasing day by day because it provides a large amount of profit to the business owners & obviously provides a great success to them. Get control over every aspect of your steel business with Steel Manufacturing ERP software such as Purchases, Inventory, Workforce, Production, and everything else that matters!

As you know steel industry contains various activities i.e. beneficiation & palletizations. Basically, these are the process of removing various impurities from the product to make it use for the end user.

ERP solutions for steel manufacturing industry offer advanced technologies. You can control the management of your entire business at your fingertips. You can access the latest purchase order reports, inventory reports, workforce utilization, and productivity reports, dispatch reports, and much more on your laptop or mobile anytime and anywhere. Therefore, to overcome all the manual acclivities, implement steel manufacturing ERP system.

Basically, ERP stands for Enterprise Resource planning so, as its name suggests the software are being proving the help to the steel industry to manage their all tasks without any errors & they can make strategies for their future to execute easily and extend their business to the new heights and in fact with less human errors & manual effort.

Manufacturing ERP

Challenges faced by Steel Manufacturing Industry

1. Improper planning for the requirement of Raw Material: It is quite difficult to make strategies to avoid situations of stock out or overstocking in every possible way. Inventory management and raw material requirement planning are very critical points for smooth production process. Here's Manufacturing ERP software helps in Steel Industry to create the demand planning, based on manual forecast and consumed data, fixed level inventories, as well as other required materials.

Also, ERP system for helps to manage the material classification at different levels and other analytical features to plan the material requirement planning.

This feature is very useful to manage the inventory of all required raw materials at all levels so that all required materials are available at the time when they are needed for smooth execution of business process.

2. Stock Management: Proper stock management is crucial for timely delivery of the project. Every business owner must have a clear idea of the availability of raw materials in right quantity in their stock. If at any moment, it is found the available stock is just sufficient for one more day and the supply of the delivery takes two or more days, then it creates a big problem for manufacturing units.

3. Waste of Raw Materials: Most steel manufacturers are often concerned about waste of raw materials in their inventory. They want the best use of the raw materials in their stock so that waste of raw materials should not impact their profitability.

4. Quality Check: Quality is the supreme thing to deliver. No company can survive in the market for long without meeting the expectations of their clients. When your dealers receive complaints from their clients regarding the quality of your steel, they skip you because they have many other options to consider for.

So, it must be ensured steel quality is as per the market demand. For it, the manufacturing process must be well-organized, and the steel must be tested for quality before delivery, and only those steel sheets should be sent to dealer which meet the quality parameters.

5. Low Productivity: It is obvious that if the investment is not being utilized in the required fields, then no business can grow & achieve its desired goals. So, to change these mindsets & grow your business to new heights, all steel owners should bring Automation to their business activities.

Key Features of ERP for Steel Production Industry

backed with ready-to-use software, easily integrable modules Customization of software has never been this easy before!

  • Multi-Level BOM
  • Production Schedule
  • Workstation/Machine Planning
  • Multiple Production Houses
  • Job-Work/Outsourced Management
  • Requisition & Approval System
  • Multiple Warehouse Management
  • Batched Inventory
  • Quick Stock/Inventory Balance
  • Quality Check/Control

ERP Modules of Manufacturing Industries

Planning & Production

  • Material Requirement Planning
  • Master Production Scheduling
  • Production Process Definition
  • Machine/Mould/DEA Efficiency
  • Work Centre Management
  • Demand Management
  • Batch Manufacturing Practice

Production & Configuration

  • Bill Of Material
  • Engineering Change Request
  • Engineering Change Note
  • WIP Tracking
  • Job Work Management
  • Lot Manufacturing Practice
  • Tools and Equipment Tracking

Total Quality Management

  • Process Quality Check
  • Finish Goods Quality Check
  • Material Inward Quality Check
  • Document Management
  • Quality Compliance Management
  • Quality Characterization
  • Quality Assurance Management

Dashboard and Alerts

  • Department-wise Dashboard
  • Business Intelligence Tool
  • Document Management System
  • Alerts and Notifications
  • Over 200 Reports
  • Multi-Dimensional Report

CRM & Order Processing

  • Lead Management
  • Opportunity Management
  • Order Management
  • Pricing and Discount Matrix
  • Sales Forecast & Territory Management
  • Account Management
  • Campaigns and Event Management

Finance Management

  • Compliance with Sch VI & IFRS
  • Automatic TDS & Tax Calculation
  • Multi- Dimensional Reporting
  • BS/TB/P&L/Fund & Cash Flow
  • Payable/Receivable/JV/Contra/
  • Debit Note/Credit Note/Cost
  • Audit Trails and Other MIS

Purchase Management

  • Supplier Evaluation
  • Request for Quote
  • Quote Comparison
  • ProjectWise Purchase Management
  • Purchase Budget and Approval
  • Integrated with Planning Function
  • Supplier Order Management

Inventory Management

  • Inventory Planning
  • Warehouse Management
  • Bin Management
  • Material Inward/Outward
  • Physical Stock Verification
  • Multi UOM
  • Stock Costing and Valuation

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ERP Solution for Steel Manufacturing Business

As we’ve already stated, we are the leaders in providing services related to ERP solution for steel industry. ERP Software for Steel manufacturers, developers invest their valuable time to knowing about the pain areas of the target audience & then only we’ve developed steel manufacturing ERP solutions.

Our ERP system helps you in planning and production with following features:

Material Requirement Planning

This feature aims to boost productivity, allowing the planning of the right amount of raw materials required for your production needs and ensuring timely deliveries. Using this feature, you will be able to estimate the demand from you and the number of raw materials you will need to meet these expectations.

1. Estimating demand and the materials required to meet it. The initial step of the MRP process is determining customer demand and the requirements to meet it. Utilizing the bill of materials—which is simply a list of raw materials, assemblies, and components needed to manufacture a product—MRP breaks down demand into specific raw materials and components.

2. Check demand against inventory and allocate resources. This step involves checking demand against what you already have in inventory. The MRP then distributes resources accordingly. In other words, the MRP allocates inventory into the exact areas it is needed.

3. Production scheduling. The next step in the process is simply to calculate the amount of time and labor required to complete manufacturing. A deadline is also provided.

4. Monitor the process. The final step of the process is simply to monitor it for any issues. The MRP can automatically alert managers of any delays and even suggest contingency plans to meet build deadlines.

A. Sets up an integrated data management system.

B. Ensures the smooth flow of internal information.

C. Enhances the productivity of your workforce.

D. Improves the quality of your products/services.

E. Creates a loyal customer base.

E. Effective management of cost control.

F. Helps you to trace batches.

G. Helps you track and manage your inventory.

I. Our steel manufacturing software integrates data in one interface.

J. Easy handling of supply chain management.

K. Improve business profitability.

Our Key Clients

  • KJS Concrete
  • SHH Industries
  • ATC
  • Arth

Frequently Asked Questions (FAQs) about Steel ERP Software

Steel manufacturers have to deal with many operational challenges and processes which involves inventory management, quality control, sales, distribution, material management, and freight management, etc, and steel products are such stainless steel, wire rods and bars, stainless steel, fine wires, and welding wires. Steel ERP software helps your steel company to streamline different processes and integrate the business operations.

All the steel manufacturers who has small/medium size of business, they all need a good steel ERP software for their business to automate the steel production processes.

An ERP software helps to understand the different variety of composite raw materials, current production, batch picking based on order, production schedule based on shipment and make the rapid change in development of new products that all are important in steel industry.

Here are the benefits of using steel ERP that help manufacturing industries-
  1. Multiple-planning
  2. Saves time
  3. Cross-company integration
  4. Visibility of important data and processes
  5. Accurate business forecast
  6. Product variations
  7. Control the expenses
  8. Variable production process
  9. Tracking & Traceability of inventory
  10. Integrated IT model

Here are a list of key modules of steel ERP that you can find below-
  1. Warehouse management
  2. Stock movement
  3. Order management
  4. Waste management
  5. Production management
  6. Logistics
  7. Cost control and costing
  8. Quality control
  9. Dashboards for reports and analytics
  10. Shop floor scheduling
  11. Integrated fleet management
  12. Integrated payroll and HR management
  13. CRM
  14. Asset management and maintenance

Absolute Steel ERP software has proven budget-friendly and it is fully-customizable software, that enables to trigger your pain areas in steel industry. To know more about the actual cost please visit our website and book a demo, our sales team will definitely understand the requirements of your industry and quote the cost as per the customization.

Steel ERP software facilitates countless features such automation, business intelligence to reduce latency in the steel industry that take place in various conditions. Steel industry is always occupied with extremely labour intensive, and included of heavy work. Steel ERP software lets you monitor all the operations and track the steel production process in steel industry.
Steel ERP software helps companies to gain various insights that will help to make a strategic decision. Absolute Steel ERP offers the full control over budgeting and finance by analyzing different statistical reports and records.

Absolute is one of the best that offering steel ERP software for steel manufacturing industry. Absolute focuses on specifically in stock movement, material management, finance and accounting, quality control, cost control, to run your steel business smoothly and take your industry to new heights.

You can find various ERP vendors for your steel manufacturing industry. Here are a list of steel ERP software vendors.
  1. Absolute ERP
  2. NetSuite
  3. Lighthouse
  4. BatchMaster
  5. SAP

You can find Absolute ERP, one of the best steel ERP software for steel manufacturing industry. Absolute has a simple and quick implementation process and upgradation application. Absolute determines to understand your industry requirements and involve with stock movement, material management, finance and accounting, quality control, cost control, to run your steel business smoothly and take your steel industry to new heights.


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