Best Textile ERP software in Bangladesh

ERP stands for Enterprise Resource Planning. It is textile software that indicates a program dedicated to the management of companies and the planning of corporate resources.

As it is more commonly called, the management software is a program dedicated to the management of companies. It is also associated with the planning of resources within them.

Furthermore, in the ERP, there are also activities related to-

· Customer relationship management (CRM),

· The management of human resources,

· Financial planning and marketing.

The management ERP then allows it to centralize information and processes. It ensures the quality of the data, which is never duplicated between systems. As a result, it reduces confusion. This improves the flow of communication, and internal collaboration becomes more efficient.

Which Software Is Used In Textile Industry?

The textile industry requires a textile management system with some specific functionality. They must integrate information from the processes of textile manufacturing, clothing, home products, fabrics, etc. So, based on these functions, there are various textile industry software available globally. Among them, some notable are:

• NetSuite,
• Oracle ERP Cloud,
• FinancialForce ERP Unit4 ERP and
• Acumatica Cloud ERP

As for a country like Bangladesh, where we are the second largest textile producer, ERP has an enormous role. And for this reason, leading ERP software like PrismERP is in demand.

Read Also: Best Small Business Accounting Software

Why Is ERP Needed In Bangladesh?

Today, the textile sector of Bangladesh is in the second position globally. However, with the increasing competition and other factors, it is getting difficult to keep the position.

The critical points can be described as:

• Reduced orders
• Extreme product variability
• Reduced lead times

Quality: it has never been an aspect to be underestimated. But today, it has become an essential aspect that also impacts on

• Sustainability,
• Green production and
• The production site of the same garment;

Competition: Far East, Africa, Eastern Europe, South America absorb most of the productions. They leave the crumbs (the most complex to digest) to the Bangladeshi producer for years. But at a technological level, China (a low-cost country) is now years ahead of Bangladesh.

When we think about these points, it becomes inevitable that we need proper use of ERPs.

Key Benefits of ERP for Textile Industry

ERP software is the best way to standardize, digitize and share information within the company context first and best.

This is because they are based on unified databases. It allows, first of all, managing information correctly, reducing or eliminating the use of paper management.

Here are the key benefits of Apparel & Textile ERP Software:

Efficient Supply Chain with quality maintenance:

• Manage the maintenance of the machines;
• It keeps the quality level consistently high and
• Updates the documentation constantly.

Complete Financial Control

• Eliminates possible manual errors;
• Ensures cost and waste reduction;
• Reduce errors, improve information management and avoid creating unnecessary and additional costs;
• Simplifies the work of the administrative department and management of the financial situation.

Effective Production Planning & Control

• Allows controlling and managing the various activities through a single program leading to greater productivity;
• Shows all the production processes: input of raw materials, treatment, cutting, dyeing, packaging, etc.;
• Offers the possibility to identify steps that need more attention and the aspects to improve;
• Can increase the productivity of your production plant.

Sales & Dispatch

• Generates estimates, enters orders, and make collections with an ERP management system;
• Manages orders with the supplier;
• Capable of detecting when it is necessary to place orders due to lack of materials.
• Knows the products in stock and their status (The size and color variants, the minimums for reorders, the excesses of stock to take out, etc.).

Human resources

• Offers you to manage personnel or even all the information on the productivity of your employees;
• Manages the organization of shifts and the attendance, absences, overtime counting, or payroll calculation.

What does Your Business Need: What to Look for in An ERP Solution for The Textile Industry? 

To improve productivity, you need complete software with features suited to the needs of your business. Furthermore, certain characteristics must be sought when selecting a good ERP. Following are the two aspects that we want to underline:

1.   Scalability

As your textile manufacturing business grows and changes, the management software needs changes too. It needs to adapt to changes in the simplest way possible. ERPs are modular solutions. It allows a single application to integrate the concrete applications that a company needs, even at different times.

2.   Simplicity

Make sure your ERP system is easy to use. A new system can never be immediate, but it should be as simple as possible. Most employees will need a training period to use the implemented solution effectively. But there are ERP systems that are easier to use than others. Applications must be simple enough for all staff to use.

Contact Us for Best Solutions

At PrismERP, we work with ERP management software for the textile industry. Our platform has many functionalities at the accounting, financial, inventory management, entry/exit, etc.

In addition, it also covers textile production. For that reason, we can manage the entire plant and increase productivity through the implementation of ERP management.

The textile industry requires management software with some specific functionality. Our ERP management system for companies in the textile industry allows the control of the different areas of the company to be integrated under the same program.