Best Production Planning software to use in 2022

Jun 12, 2022 in Purchase and Production

5 MIN READ

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Whenever we talk about manufacturing industries, production planning workflows come into mind as an essential part of the management system. These software systems are necessary for the overall smooth functioning of the organization. In today's world, where technology has given us access to almost all the information we can possibly need, it is necessary to make sure that company management and its customers are getting access to the correct information at the right time.

Production is one of the vital steps in manufacturing processes. It involves planning, forecasting, and scheduling. The software or tools that are used for scheduling are referred to as Production planning software. The production schedule is a process that is responsible for allotting resources and determining the capacity needed in the marketplace.

Read more - Production Planning and Control - Ultimate Guide for SMEs

What is Production Planning and Scheduling software?

Production Planning and Scheduling software is a program that aids in the planning, scheduling, manufacturing, and distribution of commodities produced in a factory.

With its automated scheduling mechanisms and quality control loops, production planning software provides the perfect foundation for tracking, analyzing, and optimizing the manufacturing process. The software may also include inventory management, vendor management, and process rescheduling to meet demand.

Overall, production planning software eliminates manufacturing bottlenecks caused by manual processes and guarantees that resource load capacity and deadlines are perfectly aligned.

I am listing down all the production planning software solutions that are an excellent choice for any company to use in business. These will also help companies become efficient as well as increase their profitability by simplifying processes.

Best options for Production Planning and Scheduling Software.

Here is a list of the best production planning and scheduling choices.

1. ERPNext(https://erpnext.com/)

ERPNext software

ERPNext, as the name implies, is an open-source ERP software that provides production planning and scheduling features. The production planning module of ERPNext includes tools for managing numerous job cards, production schedules, and inventories.

  1. ERPNext assists with multi-level Bill of Materials management, push and pull logistical rules, and advanced routing.

  2. ERPNext gives real-time inventory alerts to keep you ahead of any shortages.

  3. ERPNext Production Planning software integrates seamlessly with the Purchase, Sales, and Inventory modules to quickly connect multiple operations and provide real-time order status.

  4. ERPNext also assists with inventory management, such as inventory warehouses, inventory values, and stock management by batch or serial number. The Production Planning Tool aids in the planning of production and materials.

  5. ERPNext has some complex workflows regarding approvals and permissions, and it involves some issues with upgrading functionality in the customized versions.

2. Fishbowl Manufacturing.

Fishbowl software

Fishbowl Manufacturing is a software solution for production planning and scheduling as well as an ERP system. It is a great alternative for medium-sized businesses because it increases the production efficiency. This platform is capable of handling a wide range of manufacturing requirements, from the most basic to the most complicated.

  1. Fishbowl helps in creating the Bill of Materials with multiple levels. Multiple phases, sophisticated units of measurement, and sub-assemblies can be created in the Fishbowl software. It applies to a variety of industries, including food production and modern electronics.

  2. Fishbowl provides the Job and labor tracking modules.  To track hours, vacation time, and over time, use the cloud-based timekeeping option. You can track where employees clock in and leave using the GPS capability. You can also include labor costs in the overall cost of your work orders.

  3. Fishbowl offers Business Intelligence options. The business intelligence tool allows you to calculate the cost of manufacturing and commodities. Depending on your requirements, reports can be generated hourly, daily, weekly, or even yearly. The efficiency of production, order fulfillment and sales data is then measured.

3. TranZact.

TranZact Production Planning and Scheduling software

TranZact is an easy-to-use digital transformation platform that automates the whole sales process, from sales inquiry to dispatch. It is a cloud-based platform that provides an Inventory Management solution for small and medium-sized enterprises and manufacturing businesses.

TranZact offers the Production Planning and Scheduling modules, which help the business owners manage multi-level Bill of Materials (BOMs) and other related workflows.

  1. TranZact helps you take the first step in the planning process is to knowing about the demand for your products. With its BI dashboarding and reporting feature trend analysis of historical data can be done regarding the products and customized reports will be generated which will help you understand and forecast the demand for your products.

  2. TranZact with its Material Requirement Planning (MRP), and Multi-level Bill of Materials (BOMs) modules, helps you streamline the whole manufacturing planning process. And it will aid you to make better data-driven decisions for your business.

  3. TranZact is an inventory management solution that allows you to effortlessly track and manage inventories on a real-time basis. Furthermore, with its warehouse management module, you maintain appropriate inventory levels in your warehouses to support the production process.

  4. The TranZact team is providing their software on a Freemium model with the idea of empowering Indian SMEs and manufacturing businesses to digitalize and automate their whole business to take a step ahead in their growth.

Read more about - The Ultimate Guide to Bill of Materials (BOM) Management for SMEs

Way Forward.

So, at this point in time, you've probably realized that it is a lot of production planning software available online and most of them promise to deliver all the bells and whistles you need for successful business planning. And as I mentioned earlier, your choice of production planning software should not be made lightly. It can be an excellent investment if done properly, but it can be confusing if done carelessly.

The best production planning software will enable the user to identify how the company is going to be more effective, and efficient and help their organization grow. In the case of manufacturing businesses, if you are using multiple applications, it gives the hassle to work with those multiple tools at once while they are not integrated together. Integration helps eliminate the need to switch between those different tools which makes it easier for the company's employees.

After doing good research, the tips that we have mentioned above can help you to make a good decision in selecting the right production planning software for your business. There are several benefits of using production planning software, such as saving time and money, increasing productivity, and also improving efficiency. But you need to focus on the budget that you have already set aside so that you will not exceed your allotment and waste valuable time afterward.


TraZact

TranZact is a team of IIT & IIM graduates who have developed a GST compliant, cloud-based, inventory management software for SME manufacturers. It digitizes your entire business operations, right from customer inquiry to dispatch. This also streamlines your Inventory, Purchase, Sales & Quotation management processes in a hassle-free user-friendly manner. The software is free to signup and gets implemented within a week.