Enterprise resource planning (ERP)
is the integrated management of main business processes, often in
real time and mediated by software and technology.
ERP provides an integrated
and continuously updated view of core business processes using
common databases maintained by a database management system. ERP
systems track business resources cash, raw materials, production
capacity and the status of business commitments: orders, purchase
orders, and payroll. The applications that make up the system
share data across various departments (manufacturing, purchasing,
sales, accounting, etc.) that provide the data. ERP facilitates
information flow between all business functions and manages
connections to outside stakeholders.
There is no "Silver Bullet". In ERP Solutions, there is
nothing called a silver bullet, which is the reason why Custom ERP
Solutions are gaining prominence. While there are standard
operating mechanism within various areas of manufacturing
industries, what stands out is the Process followed by each
companies. Thus it becomes essential for creation of Custom ERP
solutions for accommodating the custom process each company uses
to differentiate themselves.
If you have a custom
process involved in your manufacturing and you are looking at
building a system to complete manage end to end operation of your
business, then building custom ERP solution is for you.
What should I do, build Vs buy?
This is probably the
biggest question you have in mind, when you approach finalizing
the right solution for you, along with the budget.
Buying an off shelf ERP
solution would most likely be a cheapest option, but it comes with
its own disadvantages. If you are looking for growing your
business, expanding and wanting to have personal time for yourself
while you are growing, then Custom ERP would be ideal choice for
you, than off shelf ERP solutions.
Disadvantages of Off Shelf ERP Solution
Looks cheap, but usually comes with caveat where there is per
user fee, upgradation fees and so on.
Cannot be customized to your need.
You may end up paying a fortune, if you wish to customize the
You may end up buying multiple softwares to manage your
Advantages of Custom ERP Solution
Fixed cost, no limitation on number of users
You can customize your reports, dashboards as you wish
Possible to incorporate data analytics and IOT at a later
Add more features as need arises
Fully customized process management as it suits your company
Tools like mobile apps to be used as demanded by the situation
IP owned by you
How does Minebrat create Custom ERP
solutions so fast?
Minebrat over time and
experience has created several components which are re-usable in
nature, which we call as enabling layer. Thus we are not
developing ERP from scratch, but we are developing your process
and customizing the workflow to create an ERP Solution only for