The Gross Value Added (GVA) at basic current prices from the manufacturing sector in India grew at a CAGR of 5% during FY16 and FY20 as per the annual national income published by the Government of India. The sector’s GVA at current prices was estimated at US$ 397.14 billion in FY20PE. The Gross Value Added (GVA) at basic current prices from the manufacturing sector in India grew at a CAGR of 5% during FY16 and FY20 as per the annual national income published by the Government of India. The sector’s GVA at current prices was estimated at US$ 397.14 billion in FY20PE.
The expenditure can include elaborate upgrades, new customization, and high annual fees. Efficient maintenance and support can help to keep the ERP system in line with business requirements.
When it comes to enhancing productivity, ensuring that manufacturing workforces have the information they need to be successful is crucial. This pain point comes in many different forms. It may be that employees are missing work instructions for the task at hand, have collected an abundance of data that cannot easily be interpreted and used, or are simply not able to trust the quality of information due to a profusion of versions.
Unexpected repairs that result in unplanned downtime are major drains on manufacturing productivity. With production depending on sensitive and widespread machinery, one malfunction can slow down an entire production flow in just minutes. Part of the issue is that many manufacturers are relying on reactive rather than proactive management, resulting in difficulties diagnosing problems, rising maintenance costs, and lower productivity.
Company expansion is always a celebratory event. However, with expansion comes a whole new problem. Multiple facilities mean a rise in the number of records to manage. Companies that are increasing production capacities will have to deal with complicated supply chain systems from multiple plants. This can lead to duplication of manufacturing data and financial statements.
Product Lifecycle Management (PLM) is often offered as a solution apart from ERP. However, the PLM features are often lacking in terms of functionality. This can be difficult for organizations that require complete visibility in the ‘concept to completion’ product life cycle.
Many organizations opt for custom ERP systems that were designed to meet certain specific challenges in the manufacturing process. Unfortunately, utilizing custom ERPs can lead to a company being ‘hardwired’ with the system if the solution creator lacks experience.
Our primary objective is to build long-lasting relationships with our clients and partners - relationships based on trust, professional approach, and enjoying what we do. One of the core philosophies at Citta Solutions is to keep it simple. Our processes are designed to address your needs and satisfaction with your requirements. We know the value of human relationships.
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