For SME manufacturing businesses, it is important to work on the best efficiency. Many times, SME manufacturers struggle to plan a smooth workflow in production. This can impact their operations and cash flow. To solve this, they can use Product tracking software in all stages of manufacturing. It helps you reduce material wastage, identify bottlenecks, and improve productivity.
In this blog post, we will explore the details of production tracking software, including its benefits and key features. We will also discuss why it is important to modern manufacturing and the best practices for using this tool.
What Is Production Tracking Software?
Production tracking software helps you keep an eye on the whole manufacturing process. It keeps track of the production process and gives you an update on it at every stage. It also has the capability to create a multi-level bills of material (BOM). It is a valuable tool that many SMEs use to increase their operational efficiency.
- It keeps a record of orders.
- Its most important feature is to identify loopholes and take correct measures to solve them.
- It also helps you keep an eye on the resources and inventory in real time.
- It helps you easily overcome the problems that arise during the process of manufacturing.
Leaving them unattended will slow down production and cause you to miss deadlines. With the help of this tool, you can better manage all the stages of product production.
Why Is Real-Time Production Tracking A Must Have In Modern Manufacturing?
A real-time production monitoring system is a must-have in modern manufacturing for many reasons.
- It reduces downtime while maintaining production schedules.
- It helps meet customer demands by delivering orders on time.
- This system plays a role in optimizing resource utilization. This is because it provides real-time data is provided to the supervisors at each level.
For example, if a machine breaks down and is not tracked on time, then production will be delayed. This will make the manufacturing companies miss the deadlines and suffer losses. If there is a shortage of certain raw materials in the inventory, then the production will not start in time.
With real-time production tracking software, problems can be fixed on time, and smooth operations can be carried out. When a machine breaks down suddenly, the maintenance team can be informed, and they will address the issue accordingly. Similarly, if the real-time data is updated as soon as possible, the purchasing team can restock the inventory in time.
Key Features Of Production Tracking Software
Production tracking software is beneficial for the manufacturing industries in increasing their efficiency. Given below are the key features of production tracking software that make manufacturing easier.
- Insights into raw material usage
- Real-time data of all levels of production
- Help with quality control
- Mapping of strategy for efficient workflow
Benefits Of Using Production Tracking Software
One of the primary benefits of production tracking software is a systematic and smooth workflow. Apart from that, some other notable advantages of tracking software are:
- Real-time data entry
- Faster production
- Better inventory management
- Control over quality and quantity
- Improves planning and scheduling
- Production performance analysis
- Record of raw materials and products
- Reduces costs and improved profitability
- Customer satisfaction on timely delivery
How Can Real-Time Manufacturing Tracking Software Improve Your Efficiency?
Manufacturing tracking software can help you with decision-making. You can get real time feedback from different levels of production. This will lead you to streamline the manufacturing process in a better and more functional way. You can improve your planning and take up more orders if you complete them on time with the help of this software.
Your inventory will always be restocked on time, maintaining the balance between demand and supply of the products. Many problems arise when product manufacturing. Manufacture tracking tools help you reduce downtime by solving the issues on time. It lets you take care of everything from the initial to the final stage of production.
How To Choose The Right Production Tracking Software?
Knowing the importance of production tracking is not enough. You need to be able to choose the right one accordsing to your business requirements. You can follow these factors while selecting the right manufacturing tracking software:
- It should have industry-specific features.
- It should be user-friendly and easy to navigate.
- It should integrate with other manufacturing operation systems, i.e., ERP, MES, and CRM software.
- It should have a live dashboard, alerts, and notifications feature.
- It should be flexible to adapt to your changing requirements.
- It should protect your data and privacy.
Best Practices To Maximise Production Tracking Software
Following the best practices of production tracking software can maximize your workflow. Here are the best practices you should be aware of when using this tool in manufacturing.
- Make sure to have all important features in manufacturing tracking software.
- Change the data fields and reporting formats according to your requirements.
- Set the user permissions needed within the tool.
- Cross-check and verify the data entered into the tracking software to prevent errors.
- Train your employees and make sure it is easy for them to use the software.
- Monitor and evaluate the performance of the software regularly.
- Stay updated on new upgrades and features released by the software providers.
Production Tracking Software and TranZact
In manufacturing, meeting deadlines is very important. The key to this is the use of effective tools. With the help of production tracking software, you can cut downtime and production costs while meeting delivery dates. TranZact allows you to monitor the inflow and outflow of materials and finished goods.
Specially designed for Indian SME manufacturers, TranZact helps your team and supervisors to work together and easily get real-time updates on all processes. This adaptability makes TranZact an ideal solution for small to medium-scale businesses. It lets businesses pay only for the features they need, providing a budget-friendly solution. Use TranZact to streamline operations to meet production deadlines and improve demand management.
FAQs
1. What is production tracking software in manufacturing?
Production tracking software is a tool that helps you monitor and manage the activities of manufacturing. This includes monitoring inventory, tracking the orders, and analyzing production efficiency.
2. How do you track production in manufacturing?
A few ways of tracking production in manufacturing are manual entry, barcode reading, and tracking the progress of individual work. It includes machine performance, resource utilization, and inventory checking.
3. What are the methods of tracking production?
The most used method of tracking production is Enterprise Resource Planning (ERP). Manufacturing Execution System (MES). Quality control and inspection, and manual tracking are some of the methods that are considered by the industries.
4. What is a real-time production monitoring system?
A real-time production monitoring system means collecting data on the entire production process. What work is going on, how much raw materials have been used, how much-finished products are ready, etc., are monitored.
5. What software is used in manufacturing?
In manufacturing, software such as Enterprise Resource Planning (ERP) systems, Material Requirements Planning (MRP) software, and Computer-Aided Design (CAD) and Computer-Aided Manufacturing (CAM) tools are widely used. These tools help in managing resources, planning production, and designing and manufacturing products efficiently.
6. What is WIP traceability?
Work in Process (WIP) traceability means tracking each item that is used in the production until the final product is ready. It is the ability to trace the movement and status of materials, components, and products as the manufacturing process progresses from one stage to another.
