The chemical manufacturing industry is not only one of the most important industries worldwide, but it is also one of the largest. Subsequently it is one of the most heavily regulated as well. If you are using an old or outdated ERP production planning program, you could potentially miss out on key updates that will help your company stay up to date on new safety regulations, environmental impact reports, lot and batch information, and more. Not to mention you could be missing out on new formulas and research that could save time and money. With new and ever-changing safety regulations, it is imperative that your organization has access to the most current global safety rulings and studies. An outdated system could mean that you miss these key updates that could potentially set your company back. Updating also means that all of your labels and safety data sheets are current and in compliance.
How Can Updating Your Legacy ERP Benefit Your Business?
It is estimated that 6,500 chemical companies world wide utilize SAP software. This means that there are software solutions that are tailored specifically for your business needs. Old and outdated ERP can lack customized formula options, the latest government regulation information, material safety, as well as environmental impact reports necessary to keep your product safe. An ERP system for chemical manufacturing can help your team organize enterprise planning to better align financial and operational goals across the board, as well as relevant safety information, government regulations, and product formulation. Upgrading can also integrate the Globally Harmonized System of Classification and Labeling into your programs. This translates to your product being compliant in multiple markets across the world, which means that if you were looking to expand sales globally, you are better able to do so.
Production can be streamlined with recipe development and analysis. Risk assessments can be made in real time based on ingredients, safety, and usage. A simplified process for creation, validation, approval, and the publishing of safety instructions means less time and manpower is used which can equate to a higher profit margin. Research and development can be optimized while greener ingredient solutions and lower cost options can be tested. This means that market needs can be addressed without interrupting production. Another feature traces each and every ingredient used, the lot and batch it is from, and what product it was used in ensuring government compliance at every step in the process.
Converting Your System
Updating your legacy program to a newer system is made that much easier with the help of a SAP service partner. They can go over options such as SAP Business One or SAP S/4 HANA, and make the integration with your current system go smoothly, with limited interruptions to your daily operations. They will also have unique insights that are relevant to your needs as well as industry standards. Partners will also provide system design, consulting, solution integration, and project implementation with new SAP solutions. An added benefit of switching over to a program like SAP S/4 Hana is the inclusion of dangerous goods management and alerts which could save your company time, money, and protect you from potentially hazardous accidents or lawsuits.
Modernizing your business ERP production planning software utilizes historical manufacturing information, modern demands, and sales forecasting to help maximize profits while allowing your company to step into the future. Cloud solutions help team members download information necessary to run reports and risk analysis. This information can then be accessed by anyone within the organization. Keeping up to date on government regulations and safety information ensures that your organization stays compliant while the updated ERP keeps track of any and all changes. There is also the added benefit of streamlining sourcing, procurement, sales, and supply chain.
If you are ready to modernize your chemical manufacturing company, then SAP has the tools you need to upgrade.