July 18, 2024
Compliance Management Is Tough! But Not With ERP

From achieving standard compliance to operational efficiency, ERP is helping businesses in all of it. For big industrial units and mainly the manufacturing businesses, compliance with standards is highly crucial. It is only when manufacturers comply with the set of rules and regulations specified for the industry, they can strive for attaining operational excellence. Further, with unstoppable expansion in the production scales, strong compliance becomes more indispensable for the manufacturers.

However, sticking to the regulations and compliances in all stages of production is exhaustive and causes an immense delay in the delivery of finished products. ERP software gives out a flawless solution to businesses for this! It is designed to cut all the complexities involved in compliance and aids in timely crisis management. Following points describe the compliance capabilities in an ERP software that help businesses to certify their products to the quality regulations and legislation.

Product Quality Management

ERP takes care of the product quality using SPC (or Statistic Process Control) to define the quality parameters, perform analysis and come with results. Further, the component of quality management in the ERP is integrated with the warehousing, procurements and production processes for follow-ups and analysis.

Unmatched Traceability

An effective compliance module of the ERP helps businesses to signal all of their auditors that compliance is their major concern. Besides, showing their commitment ethical standards, it helps them to trace and monitor their products bi-directionally. Thus, recall is easier in case of failure to compliances and they can take actions to meet the quality standards faster.

Document or Data Management

For all manufacturers, it is essential to assure the safety of important documents and data, including certificates, safety instructions, material substitution, formulas, sensitive details, customer information, etc. ERP ensures the security of docs with effective features like restricted access, server-based processing, Audit trails, and data encryption. It also keeps the records of the approval process and revisions with exact time and date.

Risk Management

Risk identification and mitigating it immediately are crucial processes for businesses to prevent any harm to their corporate reputation. ERP system empowers them with complete upstream and downstream batch and lot traceability across all the stages of the bill of materials as well as the supply chain. This helps in finding out any threats in the quality and evoke their supplies immediately.

Besides the above capabilities in maintaining quality compliance, ERP aids in the calculation of environmental footprints through the life-cycle of the products. It’s industry-specific analysis module help in estimating the environmental impact of production, transportation, consumption and even decommissioning of the product.