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ERP Product Comparison
ERP Product Comparison

ERP for Electronics Manufacturing

Optimize order-to-ship times with Advanced Planning and Scheduling (APS) and Material Requirements Planning (MRP).

 

ERP Software Built for Electrical Manufacturing

Manufacturers operating in the electronics industry depend on their innovation and change management capabilities to be successful. They face the continuous challenge of maintaining their margins while managing supply chains that span the globe, overcoming obstacles related to cross-border shipments, dealing with material shortages, and managing costs. The ERP software and solutions offered by Aqurus are designed to assist electrical manufacturers in meeting these challenges while complying with industry standards and regulations.

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What is Electronics ERP?


Electronics ERP (Enterprise Resource Planning) software delivers industry-specific functionalities to meet the needs of manufacturers under constant pressure to create innovative, reliable and cost-effective products. Electronics manufacturers continually face challenges to automate increasingly complex supply chains to shorten time to market, coordinate cross-border shipments to manage global trade, and develop accurate forecasting processes for ensured material availability, all while lowering costs and meeting the traceability requirements of their customers. Utilizing an ERP system designed for electronic manufacturing helps alleviate many of these pressures by providing real-time, start-to-finish visibility into supply chains for increased product development and coordination flexibility.

How Acumatica ERP Manufacturing Edition Can Work for You

Streamlining your business processes & reducing operational costs

Components, controls, switchgear, motors, and generators vary widely in design and production requirements, but they frequently share parts, assemblies, and manufacturing resources. Balancing supply and demand are critical in one operation or across multiple facilities, particularly when making standard and custom products on the same lines and work centers. Acumatica supports a wide range of competitive strategies, from make-to-order to a master production schedule (MPS), as well as combinations. It is an ERP system that includes customer relationship management (CRM), a warehouse management system (WMS), and complete financial management. Acumatica runs in the cloud so it is accessible from computers, phones, and tablets. Plus, you can add secure access for your customers and suppliers.

Here are some ways how it can be utilized:

Product Management: Acumatica can handle all aspects of product management, from creation to obsolescence. It can manage revisions, BOM changes, and engineering changes. In electronics manufacturing, this is particularly important because products often go through several revisions before reaching the market.


Inventory Management: Acumatica can manage raw materials, work-in-progress inventory, and finished goods. It offers real-time tracking, which helps in minimizing stockouts and overstocks. This feature can help electronics manufacturers manage their parts and reduce costs associated with excess inventory.


Quality Management: Quality is a key aspect of electronics manufacturing. Acumatica allows manufacturers to monitor quality parameters, manage non-conformances, and track corrective actions. This can help to improve the overall quality of products and reduce rework costs.


Manufacturing Operations Management: Acumatica can track real-time production activities, manage work orders, and schedule operations in the production line. This can improve efficiency and productivity in the manufacturing process.


Supply Chain Management: Acumatica provides comprehensive tools for managing the supply chain, including procurement, supplier management, logistics, and distribution. This can ensure timely availability of components and smooth production processes.


Advanced Planning and Scheduling: Acumatica can help electronics manufacturers to plan their production activities better. It takes into account available resources, material availability, and customer demand, helping to reduce lead times and improve on-time delivery.


Customer Relationship Management (CRM): The CRM module in Acumatica can assist in managing customer relationships, handling sales orders, and providing after-sales support. This can improve customer satisfaction and foster long-term relationships.


Business Intelligence and Reporting: Acumatica provides a range of reporting and analytics tools. These can be used to measure performance, identify trends, and make data-driven decisions. In electronics manufacturing, this can help to identify bottlenecks, inefficiencies, and areas of opportunity.


Financial Management: Acumatica integrates financial data with other business operations, providing a comprehensive view of the company's performance. This can aid in financial planning, budgeting, and forecasting.


Integration Capabilities: Acumatica can be integrated with various other systems such as CAD, PLM, eCommerce, etc. which are widely used in the electronics manufacturing industry.

 

The Acumatica Manufacturing System Evaluation Checklist provides a starting point to evaluate ERP requirements, including financial, purchasing, sales, inventory, customer management, retail point of sale, commerce, and business  intelligence applications. The checklist below provides a shortlist of critical ERP features specific to electrical and electronics manufacturers.

Acumatica ERP features checklist image

Acumatica for Electronics and Electrical Products Manufacturers

Acumatica Manufacturing Edition includes core manufacturing, distribution, financial, and reporting applications with optional, connected applications to tailor the system to your unique business needs.

Discover why so many electronics and electrical product manufacturers rely on Acumatica Manufacturing Edition to maximize resources, reduce costs, and improve profits. An extensive suite of connected business applications provides unparalleled manufacturing depth for production, estimating, engineering, material planning, scheduling, product configuration, and manufacturing data collection.

Solutions for Your Electrical Equipment Manufacturing Company

Manage budgeting, inventory, change orders, time sheets, billing, profitability, and reporting for individual business initiatives. Projects are included in company-wide financial reports with full multi-currency support.

Project Accounting Management Applications

  • Project Cross Tracking
  • Advanced Billing
  • Time Management
  • Advanced Expense Management
  • General Ledger
  • Accounts Payable
  • Sales Order Management
  • Purchase Order Management
  • Inventory Management

View Product Sheet

 

Take advantage of real-time insights, quick month-end closing, continuous compliance, and so much more.

Financial Management Tools

  • General Ledger
  • Accounts Receivable
  • Accounts Payable
  • Cash Management
  • Currency Management
  • Tax Management 
  • Deferred Revenue Accounting
  • Multi-Entity and Intercompany Accounting
  • Recurring Revenue Management
  • Fixed Assets
  • Time Management
  • Advanced Expense Management
  • Bank Feeds
  • Project Accounting
  • Payroll Management
  • Reporting, Dashboards, and Data Analysis Toolkit
  • Mobile ERP Applications
  • Acumatica Global Financials
  • Payments

View Product Sheet 

 

Manage production orders, release and schedule orders for the shop floor, and track material and labour costs. Compare standard and planned production costs to the actual costs of the production order.

Key Benefits of Production Management for Your Company

  • Critical Materials
  • Labor Tracking
  • Backflushing
  • Material Tracking
  • Production Performance
  • Event Audit Trail
  • Production Order Changes
  • Production Control Points
  • Lot and Serial Tracking
  • Barcode Integration
  • Multi-Site
  • Pre-Assign Lot/Serial Numbers
  • Outside Processing
  • Production Dashboards
  • Side Panels
  • Multiple Base Currencies
  • Prevent Over Completions
  • Cost Accounting Controls
  • Optional Quality Management

View Product Sheet

 

Streamline accounting and reporting across multiple entities, and dramatically reduce errors and inaccuracies in financial statements.

Key features of Acumatica Intercompany Accounting

  • Account Based Controls
  • Company Bank Accounts
  • Asset Transfers
  • Account Allocations
  • Support for Different Financial Calendars
  • Cross Company Sales
  • Restrict Access

View Product Sheet

Efficiently plan and manage inventories, costs, and manufacturing processes as well as full revision control. See both engineering and financial views of product structure in the multi-level Bill of Materials software (BOM)/Routing module, part of the Acumatica Manufacturing Edition.

Important features of BOM and Routing
  • Effectivity and Expiration Dates
  • Production Steps
  • Where Used
  • Phantoms
  • Reference Designators
  • Multiple Sites
  • BOM Cost Rollup
  • Flexible Copy BOM
  • Mass Change
  • Attributes
  • Revision Control
  • Visual BOM
  • Optional Engineering Change Control
  • Engineering BOM Synchronization

View Product Sheet

 

Generate time-phased manufacturing and purchasing plans for optimal inventory availability tied to forecast and customer demands.

Important features of Material Planning Software

  • Forecasting
  • MRP Detail
  • Bucketless System
  • Multi-Site
  • Multi-Warehouse
  • Queue, Finish, and Move Time
  • MRP Days Supply
  • Manage by Exception
  • Transfers
  • Blanket Sales Orders
  • Order Quantities
  • Order Lead Times
  • MRP History and Audit

View Product Sheet

 Configurable to Custom Products

Quickly and cost-effectively manage orders for standard, configure-to-order (CTO), and specialty products requiring engineering, estimating, complex bill of materials (BOMs), and detailed routings.

Supply Chain Management

Streamline order management, purchasing, distribution, and fulfillment with planning, eCommerce, EDI, and document management. Equip customers and suppliers with secure, controlled access to critical workflows.

Keep Your Team Up-to-Date

Details can change quickly in every part of the business, and Acumatica keeps everyone in synch by using cloud technology that keeps data current across the system and provides alerts to key changes.

Benefits of ERP Software for Electrical Manufacturing 

 

  • ERP solution helps to generate work orders and purchase orders automatically.
  • Easy handling of multiple locations at a time.
  • Record genuine expenses of works requests and analyze the estimates and expected cost or material usage.
  • Get complete and accurate information of your business via real-time tracking.
  • Easy identifying bottlenecks and areas of improvement for smooth production operations.
  • Manage warehouse centers with updated stock data, utilizing Barcoding abilities.
  • Electrical ERP software helps to reduce the time to market the product, enhance products with the addition of services, and synchronize the complete supply chain in real-time with all partners to respond to market changes.
Electronics

Acumatica Resources

Learn more about Acumatica with our additional manufacturing cloud ERP resources

Partners in Success

Unlocking Your Success Through Our Partnership

You possess the expertise in your business, while we excel in software implementation.

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Electronics and High-Tech at Business Speed

The electronics and high-tech industry has never needed to move faster than today. With product life cycles dwindling to six months or less and competitors emerging from every corner of the globe; staying ahead requires optimizing every facet of your operations, from planning and production to sales and post-sales service. It's not just about being fast; it's about being the first to market, securing that crucial edge in profitability.

At Aqurus, we recognize the urgency inherent in your industry. We understand that your focus lies in perfecting your products, and you require a software partner capable of seamlessly supporting your entire enterprise across the supply chain. Whether you're subcontracting one week, selling finished goods the next, or evolving into OEM technology and products in the future, we've got you covered.

Our expertise extends to the global landscape of the electronics and high-tech sector, where short product shelf lives intersect with the demands of after-sales support, shaping the entire market. To thrive in this environment and keep pace with the relentless speed of business, look no further than Aqurus for Electronics and High-Tech solutions.

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Acumatica ERP Implementation

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