Top challenges faced in Plastic Molding Industries

Inefficient mold tracking

Production delays caused by the inability to efficiently track and manage molds

Purged material tracking issues

Lack of insights into material purging leads to waste and inefficiencies

Gaps in Production tracking

Limited visibility into production activities hampers decision-making and agility

Limited quality parameters

Monitoring limited parameters can result in being non-compliant to quality standards

How TCS iON ERP helps solve challenges of Plastic Molding Industries

Optimized Real-Time mold tracking

TCS iON ERP optimizes mold lifecycle management and scheduling which helps in improving production efficiency and reduced downtime

Maximized resource utilization

Better insights into material usage and disposal patterns can help businesses make informed decisions. This approach optimizes resource utilization, leading to significant waste reduction

Real-Time production visibility

Continuous monitoring of production activities throughout all stages of Plastic Manufacturing enhances operational visibility

Enhanced quality assurance

Comprehensive monitoring and analysis of every quality parameter ensures compliance and strict adherence to Plastic Manufacturing standards.

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Key ERP Features for Plastic Molding Industries

  • MRP for forward and backward planning

    Enable both forward and backward production planning, along with min-max inventory control, to streamline and optimize operations.

  • Comprehensive inventory management

    Track inventory across lifecycle stages and locations with detailed insights into stock movements

  • Detailed cost and financial analysis

    Analyze costs of Finished Goods (FG) and Semi-Finished Goods (SFG), including detailed cost breakups

  • Scrap and waste management

    Effectively manage and track scrap to ensure reduced waste and optimized resource usage

Flexible pricing for your Plastic Molding needs

  • Subscription model
  • Transparent pricing
  • Zero capital investment
  • Auto upgrades

Frequently Asked Questions

01.

How does TCS iON ERP help in managing raw materials in Plastic Manufacturing industries?

TCS iON ERP has both a Planning module and an Inventory module which helps set optimal inventory levels. This helps in tracking Raw Materials at different locations and monitors consumption accordingly.

02.

What role does TCS iON ERP play in Quality Control for Plastic Manufacturing industries?

TCS iON ERP offers a comprehensive Quality Module which allows Quality Control at multiple levels (Incoming Quality, Quality during Production, Quality in Finished Goods) against quality specifications and parameters. Also, various Quality Test reports and certificates can be generated.

03.

Can TCS iON ERP handle multiple types of Plastic manufacturing processes?

Yes. TCS iON ERP can handle Plastic molding processes like Injection Molding, Blow Molding, Roto Molding, Thermo Forming, etc.

04.

How does TCS iON ERP help improve Production Planning and Scheduling in Plastic Manufacturing industries?

TCS iON ERP offers two Production Planning engines – Material Requirement Planning (MRP) and Min-Max Planning, wherein detailed and thorough insights into production, procurement, setting minimum/maximum inventory levels, reorder levels, safety stock, etc. can be planned with respect to Made-to-Order and Made-to-Stock scenarios. 

05.

How does TCS iON ERP handle maintenance activities of molds, tools and equipment used in Plastic Molding?

TCS iON ERP offers a Plant Maintenance module which supports scheduled, unscheduled, periodic, and planned maintenance activities.

06.

How does TCS iON ERP help manage Plastic Molds and tools?

TCS iON ERP has a Mold Tracking system where the life of the mold along with the changeover can be tracked.

07.

Does TCS iON ERP help in Compliance and Reporting in Plastic Manufacturing Industries?

TCS iON ERP offers a comprehensive Compliance module covering GST filing / Reconciliation, E-invoice and E-Way Bill generation.

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