Best ERP Software for Knitting & Dyeing Industry

Why ERP for Knitting and Dyeing Industry?

The textile industry has undergone tremendous changes in the last few years. This industry is highly concerned with the manufacturing and design of clothing and also the use of textiles.

Flexibility and quick response have become essential for any effective textile business. Companies must re-examine their business processes and deliver high-quality products at very low costs to maintain a competitive advantage.

Most companies now outsource manufacturing for less labor. Globalization has increased competition and quality awareness. So integrating with information technology has become very important for the textile industry to survive.

Here ERP comes as a blessing. ERP (Enterprise Resource Planning) is an integrated system. It allows data to be accessed at a single point in the process. And then, it updates a single shared database for all functions that rely directly and indirectly on this information.

Simply put, it integrates all departments and functions of a business into a single system and meets each department's specific needs. ERP provides an outline to textile industries to organize business and manufacturing expertise.

So, it can create a vital management resource. The ERP software is intended to save time and which it does by automating processes. This software may not be beneficial for some industries as not all companies may need all the features of ERP.

Those businesses can get the most of this who deal with multiple tasks daily using a variety of software solutions. Undoubtedly, ERP systems are essential tools for those businesses requiring various tools for various operational tasks.

What Does an ERP System Solve?

Countless businesses worldwide are providing top-notch services with their exceptional products but are not profitable enough. They cannot witness a hike in sales even after their best services.

The main reasons they lag behind their competitors in solving day-to-day challenges, streamlining processes, reducing costs, and improving productivity. In such cases, ERP comes to the rescue by solving the followings;

• Difficulties gathering information
• Eliminate miscommunication and data aggregation
• Accessing data
• Time-consuming inventory management
• Unorganized team organization
• Removal of inconsistencies
• Automate repetitive tasks
• Elimination requirements of physical presence
• Customer tracking
• Cash-flow disorders

Read Also: Best Merchandising Management Software of Garments Industry

How does Knitting ERP Software help in Knitting and Dyeing Industry?

ERP has been in the knitting and dyeing industry for quite some time. The need for ERP came when the industry required a more innovative way of working and reducing data redundancy. The knitting and dyeing industry consists of countless operations.

Knitted fabric goes through lots of chemical procedures and actions such as bleaching, dyeing, softening, padding and scoring. This process has a significant impact on the knitted fabrics' quality.

However, several parameters affect the quality of knitted material. The fabric must be loose before the dyeing. The dyeing process begins after knitting. Besides, industries use winch dyeing machines where dyeing are treated.

After dyeing, fabrics are treated and delivered in tabular form on streams. ERP software plays an essential role in continuing smooth workflow in the knitting and dyeing industry.

Moreover, ERP has automation and business intellect which help the textile industry to achieve perceptions and reports. It enables the companies in planned decision-making.

ERP software also has numerous modules for knitting and dyeing to communicate. So, they can interconnect to build an all-in-one network for exchanging information.

Besides, ERP software stores data centrally for a smooth and integrated workflow. Since the data is located centrally, it eliminates any delay that happens because of geographical conditions. Anyone can get the information from any distance.

PrismERP: The Best ERP Software for Knitting & Dyeing Industry in Bangladesh

prismERP can help run the businesses smoothly in the most practical, efficient, and precise way. If you're in knit dyeing, knitting, finishing, or treating sectors, prismERP has the best ERP software solution.

PrismERP can help in the following ways with their industry-specific ERP modules and comprehensive resolutions for the textile industry.

Operative Production Planning & Control

• Production planning: Scheduling monthly production, billed according to the stage of management of raw and packaging material at every stage.
• Production scheduling: Plan to have the machine as per the order, date plan, and details of supervisor allocation.
• Production according to process: Transformation of wholesale raw material to consignment roll.
• Production management according to process: Greige fabric inspection, fabric turning, batching, pre-treatment, dyeing, dewatering, drying, compacting, final inspection, etc.
• Lead time analysis: Dashboard for tracking all starting and ending points according to each order of each step.

Operative Supply Chain

• Conversion of bulk raw material to consignment roll.
• Fabric procurement - Preserving the details of raw fabric material like weight, quality, etc., inside the plant.
• Batching of roll inventory
• Capture final product with roll number and box number.
• All internal and external activity is tracked at Security Gate, Quality Lab, Weighbridge, and Store locations.
• Movements in the plant: Different scenarios like internal, external, store-related, sales return, etc.
• Ability to trace throughout the manufacturing processes; track a lot by order, labdip no, color or shade.

Quality Control

• Prior-production: Apprehending color percentage, Dye color composition depending on reading found in the lab.
• Checking sheds while production of dyeing: Connecting bar code once an operation is completed.
• Item search based on item probability.
• Linking fabric, features by means of ISO standard parameters in items.
• Apprehension of fabric and color or shade details sequentially.
• Connecting customer-defined labdip specifics.

Controlling the Whole Finance

• Manage division-wise and combined finance books costing, ledgers and profitability. Inter-division sales and purchases on a real-time basis.
• Cost analysis for sub-contracts, production, etc.
• Approve accounts and pass bills for purchasing, service, or Freight transport.
• Different costing like material costs, process-wise costs, overhead costs, detailed product costing, etc.

Product Catalogue Management

• Managing Item Code
• Item code creation for raw material, semi-finished material, and finished goods.
• Creating item name and item code depending on features
• Bill of material creation of input material
• Export management
• Pre-shipment and post-shipment
• LC management

Production Scheduling

• Planning order-wise
• Machine, date plan, process routing, and supervisor allocation
• Order management
• Batches creation for roll issue

Sales and Dispatch of Goods

• Invoice sales transactions: Invoice stock transfer for an invoicing agent. Then, run according to actual sales.
• Investigation and quotation are followed by sales contract, order confirmation, and D.O (deliver orders).
• Generating e-invoicing of sales by connecting to Weigh slips and D.O.
• Flexible pricing systems including quantity discounts, cash discounts, credit control, given period sales contracts, etc.

Sales and Dispatch Management

• Finished goods which are to be captured in the packing list
• Connecting packing list with the invoice

Finished Goods Management

• Packing according to the finished product order with barcode tagging of each roll
• Packing of export box

Conclusion

The trend of using ERP in Bangladesh is dominating the software market. The knitting and dyeing industry is not far behind. Like other industries, the knitting and dyeing industry also hopes to find the most tech-savvy ERP system.

Luckily, knitting ERP software is here to meet all your business demands. With the versatile ERP modules, prismERP can operate and manage administrative, managerial business plans.