Steel industry, the business of processing iron ore into steel, which in its simplest form is an iron-carbon alloy, and in some cases, turning that metal into partially finished products or recycling scrap metal into steel. Steel is an important commodity in many areas like construction, automobiles, machine making, infrastructure, packaging, energy, transportation etc.. The challenges in metal industry or steel industry is also growing along with it's high demand. In order to survive in this competitive environment something that can manage all the issues of this industry need to come.As a result, today the steel industry grew out of the need or our thoughts for stronger and more easily produced metals. There are many technological advancements in steel making during the last half of the 19th century. It played an important role in creating modern economies dependent on rails, automobiles, girders, bridges, and a variety of other steel products. An erp software in steel or metal manufacturing can enhance the economies of a nation by increasing the industry performance or work flow.With a great sky rocket in the demand for steel or iron, organizations operating in this industry need to face high maintenance and operational costs. With an ERP for metal industry, it has a huge advantage in facilitating improvements as well as receiving relevant information in real time. A reliable ERP software shall increase operating efficiency, reduced costs, & helps in better decision making, improved communication which leads to greater profitability and growth, once it is implemented in a timely, cost-effective manner.
The requirements of steel or metal industry are unique. Our solutions are also unique therefore Technaureus decided to develop an erp software in a unique way namely CATCHW8. Our ERP was designed utilizing the experience of the founding and leading pioneers of the Metal Industry. Thus, you could know about the availability of database related to Finished, Semi-finished, Stores & Spares and Raw Materials, Vendors- Suppliers & customers, Services etc. Moreover, CATCHW8 ERP offers you timely online information in the form of standard reports for decision making. With our efficient ERP, it is possible to prepare the cost estimate easily. Reconciliation of raw material and scrap is easy with our erp for steel manufacturing industry. In addition, increase efficiency and cost savings by reducing scrap, setups, and manual sheers, demonstrated to eliminate almost all scrap, dependent on the size of the operation.
Some Basic Key Modules for CATCHW8 ERP for Steel Business
Inventory Tracking System
Effective stock movement
Quality Control Dashboard
Multi company Management
Reports & Analytic Dashboards
Integrated HR and payroll Management
Sales and shipment processing
Integrated Fleet Management
Interactive dashboard for better KPI
Integrated Calendars and Schedulers
Advantages of CATCHW8 ERP for steel industry
⊗ Improved coordination among different departments.
⊕ A centralized framework for all business processes.
⊗ Minimize expenditure. Maximize results.
⊕ Increased operational efficiency.
⊗ Saves time and lower production, marketing and help desk costs.
⊕ Online availability of stocks in the system to help in maintaining right inventory levels.
⊗ Unlimited users support with zero license fees.
⊕ Multi-company support.
⊗ Multi currency support .
⊕ Multi language support .
⊗ OS independent support .
⊕ Can deploy in cloud and on premise .
⊗ Integrated with all operational modules.
⊕ Customizable for scalability.
⊗ High level security.
⊕ Enables better decision making and forecasting.
⊕ Scalable and flexible solutions for future changes.
⊗ Better inventory tracking.
⊕ Unlimited users support with zero license fees.
⊗ Boosts business growth.
⊕ Improved customer satisfaction and retention.
Indian steel industry:
The Indian steel industry has entered into a new development stage, with the effective ERP implementation. India was the world’s second largest steel producer, as of 2018. However, with an excellent erp implementation, any of the enterprise or country can occupy the initial positions in steel manufacturing. The steel manufacturing industry is one of the essential industries for the development of any community. In fact, it is really the base for numerous industries that could not have been established without steel industry. Both large and small sized companies in India is using steel products in one way or other way.
Whether you are a single steel manufacturer, producer or a producer of custom-specific steel products, you need a solution that seamlessly integrates your operations and brings you the best of business practices in Steel and Steel products manufacturing.