The cosmetics industry has emerged as one of the unique industries holding huge potential for further growth. Cosmetics Industry can be defined as skin care, hair care, color cosmetics, fragrances and oral care segments. The industry is making tremendous growth for the last couple of years and growth trend is going to increase in the coming years. What is more significant analyses is that the herbal cosmetics industry is showing a encouraging growth in the beauty business and is expected to grow at a rate of 7% as more people opt for organic ones.
The high demand of cosmetic products has made rise in variety of products offered by the large and medium industry players in this segment. The cosmetic manufacturing companies are compelled to go for product expansion with specialized products to stay in the market. As there are many new products are emerging in the market, companies should equip with latest hi-tech enterprise solution to manage their business effectively.
Countries like India are very price sensitive market and the cosmetics and personal care product companies, especially the new entrants have had to work out new innovative technologies to suit manufacturing, marketing and sales strategies. An ERP system like eresource Bpro – Process Manufacturing ERP, has been developed in keeping with working pattern and marketing strategies in mind. The system helps cosmetic industry to streamline all their business process efficiently and intelligently.
Quality Control and Batch Traceability
Digital Batch Manufacturing Records’ functionality provides full lot traceability from the source raw material batch, through production to the finished product batch and delivery to the customer.
Improve Efficiency
Enables optimized production scheduling. Eresource Bpro ERP system could eliminate all manual work and automates all manufacturing and administration work which makes all your work procedures error-free and saves time.
Reduce Costs
Optimizing inventory levels reduces the value of stock held and consequently reduces the opportunity for out-of-date and other unusable raw materials stock. This ultimately reduces the manufacturing cost.
Improve Decision Making
Eresource Bpro ERP system delivers more accurate and timely information enabling cosmetic manufacturers to make decisions with confidence.
Automation and Streamlining Processes
This system can help save time and maximise productivity by automating everything from order confirmation emails and reports to stock rotation and raw material purchasing.
Scalable
With the deployment of eresource Bpro ERP as your enterprise solution an organisation can grow efficiently without a significant increase in overhead.
Reduce Compliance Costs
Erespirce Bpro ERP system helps cosmetics companies operate and manufacture products in a consistent and compliant manner.
In a process industry ERP system, factory floor is always on the focus, specifically on the operator/user who is the most intelligent agent in a manufacturing environment. With an ERP system implemented, automatic data capture provides real-time updates to your inventory, improving the speed, ease, and accuracy of data capture. Each operator/user is connected through the ERP system, to everyone else in the plant floor, and to all plant floors within the organization. This operations-centric manufacturing environment-where information is shared within and between plants and planning in real time – is truly the efficient supply chain.
Innovations and developments over the past few years in the Information Technology have resulted in a reduction in labor, and the widespread use of process control instruments. These developments have increased information flow between the plant floor and the ERP system. ERP provides required support to business process in a smooth and steady manner. And the system also enables the real-time, plant floor information to control information in a manufacturing environment.
By leveraging eresource Bpro ERP for Process Manufacturing companies can boost their competitive position. Through benefits such as optimizing production, ensuring compliance and presenting a more environmentally conscious brand to their customers, companies can attract more clients while also gaining revenue through increased efficiency. eresource Bpro ERP system’s automation capabilities and reduced spoilage are just a few of the many factors that can make your day-to-day processes easier while also optimizing opportunities for revenue.
The bread and butter of any business is ensuring that your efforts are generating a profit. With cost tracking and profitability measurement tools, you can use the often complex information regarding the cost of materials for recipes and formulas to measure revenue and other financial factors. eresource Bpro ERP Process manufacturing system could track ingredient costs based on chemical characteristics such as potency and the quantity that’s used. Additionally, the system enables to measure and calculate how much wasted ingredients and raw materials cost your business.
Following are some of the prime benefits of eresource Bpro,
• Optimizes the inventory
• Easily accessible
• Provides a more precise overview to help make business decisions quickly
• Improves planning of production
• Reduces administrative costs
• Keeps the process regulatory compliant
• Handles all the accounts and finance reports
