6 Crucial Capabilities of Production Management Software That Will Skyrocket The Performance

Successful project managers have tons of responsibilities. Scheduling, planning, running meetings, budget management, resource management, and report analysis are just a few. The workload becomes quite overwhelming on a busy day. While it would be our pleasure to install a magical tool that covers all of our requirements and implements all the tasks, the plethora of available options makes it a daunting task to discover an all-power production management tool.

To ensure that you do not miss out on crucial aspects while searching for the new production management software, let us look at some must-have capabilities of the best manufacturing software.

Team Collaboration

A large project team may include hundreds and thousands of people, each with specific expertise and work on particular tasks. Project team members must collaborate effortlessly. Hence such manufacturing ERP systems should have such a module that helps team members in sharing files, customer data and communicating with each other.

Project Budget Management

Large projects need more expenses, and management of those expenses is not an easy task. Excel spreadsheet is not a good option for efficient expense management. Your preferred production management software should include a budget management module that provides:

User-friendly project budget dashboard

Budget reports

Time billing

Automated invoicing

Time tracking

Planning and Scheduling

It is extremely crucial that every person’s responsibilities are visible and outlined during team management. The best production management software allows task assignment to team members and sets deadlines as well as priorities.

Ensure that your preferred production management system contains the following:

Task prioritization feature

Agile task management tool

Task scheduling tool

Planning tool

Shared team calendar

Resource Management

Only tracking the team’s time is not enough. Tools for production resource management are also required, such as the material used in the project process, meeting rooms, etc. A remarkable production management system includes resource management or inventory tracker app, outlining all the planned resources and estimating their utilization cost. It helps in the prevention of over assignments and all other possible conflicts for lacking resources. With the help of production management software, you’ll be able to notice the over-utilization of resources instantly. You can also decide whether to define new guidelines or to limit their use.

Documentation

Managing all of the production data on excel spreadsheets is extremely tedious and prone to error. Are you familiar with the fact that 88% of the spreadsheets contain errors? Production management software helps in the following ways:

Data is accessible effortlessly even if a team member is offsite.

All data is accessible in one place.

It helps in developing a transparent relationship between customers and manufacturers.

Production management software provides invoice automation.

Choose Wisely

Indeed, choice plays a pivotal role not only in our daily lives, but also in business growth. Businesses and manufacturing industries are backed by the choices they make throughout their journey. It is necessary for manufacturing industries and all other businesses to make appropriate choices to generate profits and leads. Choosing the best ERP software with a suitable production management system is one of the most critical decisions for a business.

All of the above-mentioned crucial production management software capabilities boil down to only one reliable product - MIE Trak Pro.

If there’s a word that can efficiently define this ERP for the manufacturing industry, that would be ‘flexibility’.

Along with all of the capabilities mentioned above, MIE Trak Pro offers a wide range of additional features such as barcoding, CAD converter, cloud-hosted (AWS), electronic RFQ import, electronic sales order, project management, product configurator, preventive maintenance, and multi-division capabilities.

So, if you want to make the best choice, stop procrastinating and visit MIE solution’s official website before it’s too late!