Manufacturing businesses in Singapore face various challenges, including supply chain disruptions, labor and skills shortages, and the need to optimize equipment and resources. According to Statista, the manufacturing market in Singapore is projected to grow by 2.37% (2023-2028), resulting in a market volume of US$75.32bn in 2028.
To address these challenges, manufacturing software can be a valuable tool. Manufacturing ERP software, in particular, can help improve efficiency, reduce waste, and increase profitability.
This article will explain everything you need to know about manufacturing software, from its definition, benefits, and key features, to what differentiates it from manufacturing ERP software. Check out the full discussion below!
Table of Content:
Table of Content
Key Takeaways
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What is Manufacturing Software?
Nowadays, smart manufacturing systems are as necessary as machines and heavy equipment used to produce goods. Therefore, it has been used by large-scale manufacturing companies and by new, small and medium-scale manufacturing businesses. This software is also intended for those of you who have a factory business like import-export transactions. Manufacturing systems play a vital role in modern industries by streamlining production processes. Financial investment highlights how advancements in automation and technology impact stock markets and investment trends. Efficient manufacturing systems lead to cost reductions and higher profitability, making them a key focus for investors on FintechZoom.
The Benefits of Manufacturing Software for Manufacturers in Singapore
To find the answer to the question ‘what is smart manufacturing software?’, you need to know how it works and its benefits for manufacturing businesses in Indonesia. Here are some of the main benefits.
1. Accelerated Production Process
Manufacturer software simplifies production planning, including resource allocation, workforce preparation, time management, and production routing. Thus, this software can accelerate the production process and shorten the production time so that the order fulfillment can be processed and the company can do earlier and more valuable activities.
2. Increased Product Quality
In addition to accelerating an enterprise’s production process, Manufacture Software can also enhance product quality because this system can make it much easier for businesses to monitor product defects and problems. Manufacturer Software can also pinpoint exactly where in the design or production process the issue is occurring and take the needed steps to ensure products are of the utmost quality. These features, in turn, will boost sales including customer satisfaction, and ultimately can generate increased profits.
3. Reduced Unplanned Downtime
Manufacturing systems allow manufacturers to measure the overall equipment effectiveness (OEE) at any time through real-time reporting tools, which can enable manufacturers to identify problems earlier and prevent severe damage to various equipment, so there will be no space for unplanned downtime.
4. Unprofitable Process Reduction
Manufacturer software can also identify bottlenecks earlier to determine which processes provide profit for the business and which ones do not. As a result of the elimination of unprofitable operations, manufacturers can focus more on improving the quality of their products and services.
5. Production Monitoring Made Easy Across Multiple Locations
Advanced manufacturing software enables manufacturers to monitor production processes across multiple manufacturing plants, from the duration, the number of employees involved, costs incurred, materials used, the product life cycle, and the internal and external transfers. As a result, cloud-based manufacturing systems can help manufacturers review processes from anywhere on mobile devices.
6. Waste Reduction
The optimization of production planning can minimize waste. Some of the areas that most often contribute to waste in manufacturing include inventory management, equipment and machinery maintenance, labor, and scrapped products.
The manufacturer’s software makes it easy for manufacturers to plan production schedules and durations. It can also help manufacturers to determine the quantity and type of materials needed, measure OEE, and schedule preventive maintenance. Manufacturing integrated technology can also help manufacturers to plan the number of workers needed for production, distribute tasks, and take immediate action for discarded products. This will eventually lead to the reduction of waste in all factories.
Main Features of Manufacturing Software
Now you understand what a manufacturing system is and its benefits for manufacturing businesses in Indonesia. To understand the functionality of this software, you must know its main features. Here’s their explanation:
Manufacturing software plan
Through the manufacturing plan feature, manufacturers can easily manage production activities. This production activity consists of a production schedule, determining product manufacture, and selecting a deadline for completion. The manufacturing plant is the initial stage of the production process.
Making software orders
The manufacturing order feature allows manufacturers to determine the number of goods produced. Not only that, the manufacturer can determine what materials are needed, the person in charge of the process, and the production route. Simply put, the manufacturing order feature contains a summary of the production process.
Work order
The work order feature makes it easy for manufacturers to record various needs to continue the work in the process production process. This includes the materials already used and the time it takes to make them into finished goods.
Work center
Manufacturing companies use code when performing manufacturing activities. With this feature, manufacturers can create multiple work centers or organizational units. This allows manufacturers to measure efficiency, production capacity, and OEE. Through this feature, manufacturers can also determine the time required for one production and analyze losses caused by downtime.
Bill of Materials (BoM)
A Bill of Materials (BoM) is a list containing all materials and components used for production. It also includes cost and quantity. With the Bill of Materials (BoM) feature, manufacturers can calculate materials and production costs automatically using this software. Manufacturers can also specify which route the BoM belongs to.
Route
Routing is a place where producers can arrange the steps needed to produce finished goods. The build process depends on the routing. This is because routing will determine the production time. Through this feature, manufacturers can also determine the work center and duration required for each stage of production.
Reporting
Manufacturing integrated technology should have an advanced reporting tool. The reporting tool allows manufacturers to gain real-time insights into the availability of raw materials and finished products, product transfers, production processes, and OEE across multiple locations.
Quality Control
Enhanced quality control in manufacturing systems is achieved through precision technologies and automated inspection processes, ensuring high standards of product quality. These advancements play a crucial role in modern manufacturing by allowing for the consistent production of items that meet stringent quality criteria.
Automated quality control systems reduce the reliance on manual inspections, which can be prone to error, and increase the speed of the production cycle without compromising the quality of the final product. This not only improves the efficiency of the manufacturing process but also significantly elevates the reliability and reputation of the products in the market.
By incorporating cutting-edge technologies for quality assessment, manufacturing systems ensure that each product adheres to the highest standards of quality, meeting both regulatory requirements and customer expectations.
IoT Integration in Manufacture Software
Automation in manufacturing systems revolutionizes production lines by increasing efficiency, accuracy, and reducing manual labor, leading to a significant boost in overall productivity. This transformation is further empowered by the integration of the Internet of Things (IoT) in manufacturing software.
The integration of the Internet of Things (IoT) in manufacturing software marks a significant advancement in the capabilities of these systems. IoT technology enables real-time data collection from various devices and equipment on the manufacturing floor, providing deeper insights into production processes.
This integration facilitates predictive maintenance, enhances supply chain transparency, and improves overall equipment effectiveness (OEE). The integration of IoT in manufacturing systems offers real-time monitoring and data analysis, enabling predictive maintenance and smarter decision-making in production processes.
The concept of the smart factory and Industry 4.0 represents the future of manufacturing, leveraging advanced technologies like AI and machine learning to create highly efficient, interconnected production environments.
This not only boosts efficiency but also supports more informed decision-making, ultimately leading to increased productivity and reduced operational costs. The convergence of IoT with manufacturing software represents a leap forward in smart manufacturing, paving the way for more responsive, adaptive, and connected production environments.
What is the Difference between Manufacturing Software and Manufacturing ERP Software?
You may be questioning yourself, what is the difference between manufacturing systems and manufacturing ERP software? And why do the manufacturing systems work similarly to ERP software? Here is a simple explanation.
Manufacturing software is a module or part of manufacturing ERP software to simplify production or operational processes on the factory floor. Whereas, manufacturing ERP software is helpful to automate all business processes, including finance, employee management, customer management, asset maintenance, and many more.
Commonly, large manufacturing companies will need more than one ERP module since there are many other needs to be fulfilled other than shop floor activities. Therefore, in addition to manufacturing systems, several other necessary ERP modules for manufacturers. The modules include Accounting, HRM, CRM, Inventory Management, Asset Management, and Transportation Management.
How Can HashMicro’s Manufacturing Application Help?
The human error usually happens in manufacturing businesses that are still managed manually—for example, miscalculation of production and material costs. As a result, efficiency is brutal to improve. Computer-integrated manufacturing program enable businesses to monitor production processes, automate material usage calculations, and minimize manufacturing machine downtime.
Choose the complete solution for your manufacturing business needs with various cutting-edge features. Starting from the procurement of inventory, the calculation of production cost reports to the analysis of machines and materials can be done automatically. The following are some examples of features of the HashMicro manufacture system:
- BoM Management: Define the Bill of Materials for each material and calculate BoM in the finished goods bill automatically using the manufacturing system.
- WIP Calculation: Integration with the Accounting System automatically calculates and reports the overall Work in Progress (WIP) cost.
- Gantt Chart Display: This feature displays all the details of tasks scheduled to be completed each day. Monitor your production performance on one screen.
- Manufacturing Kiosk: Manufacturing Kiosk for workers to manage production time and track employee performance.
- Production Scheduling: Manage production and resource planning, assemble, and monitor processes in real-time.
HashMicro’s manufacturing program helps you manage production planning to make the manufacturing process more optimal and effective. Here are some comparisons of the advantages between our products and others.
- Consultation with experts: HashMicro’s professional team of business consultants and technology experts will help adapt the system to the company’s operations until the implementation process is complete.
- Localized: HashMicro’s ERP system features have been localized by Indonesian government regulations and focus on each industry, such as e-Invoice creation and PPh 25 calculation.
- Client-oriented: It is common to find that most ERP systems do not come with a user-friendly design, are difficult to operate, and can only be configured by IT experts. HashMicro ERP manufacturing software has a user-friendly UI/UX design. Even for those using an ERP solution for the first time, it only takes a few training sessions.
- Can be integrated: Customization is easier because the system is developed in-house. As previously explained, users can integrate HashMicro’s manufacturing software well with other modules, other systems you are currently using, and even different software. Increase business efficiency without losing all old software.
- Customizable: Customizable manufacturing solutions allow businesses to tailor their production processes to specific product requirements, offering the flexibility to adapt to changing market demands.
Conclusion
Apart from AI, IoT, and robotics, manufacturing software is also one of the critical automation technologies manufacturers should consider in Indonesia. Besides being easy to implement, this software is also a more affordable option for manufacturers.
In addition, with the ongoing development of manufacturing systems, manufacturers can combine software with the latest machines and equipment. Thus, they will get optimal benefits from their hardware and software.
In conclusion, manufacturing software significantly helps optimize efficiency and productivity on the production floor. However, if you want to automate your entire business process, ERP software creation will be more suitable for your business. You can start HashMicro’s Manufacturing Automation Software demo for free now.
