Discrete Manufacturing – Steel Manufacturing

Steel has become one of the vital components of our civilization. Lately, several companies are involved in the manufacture and trade of steel and other steel-related objects. In fact, some steel manufacturing companies in India have attained prominent positions amongst manufacturing units, worldwide.

Steel manufacturing companies are engaged in diverse business lines such as construction, manufacture of structural steel, power transmission, manufacture of telecom towers, manufacture of precision engineering components, manufacture of domestic appliances, and international trade. They cater to the product requirements of some of the most reputed companies in fields such as construction, infrastructure, and other associated sectors. They are involved in the production of light, medium, and heavy structural steel of varying shapes and dimensions, for the construction and infrastructure sectors.

Business Challenges

• Improve data accuracy
• Facilitate quicker data availability
• Track information from the source of action
• Improve operational efficiency and control

RODE Benefits

• Availability of customized online, as well as offline reports across locations
• Effective data separation across the sister organizations and their sub-units
• Availability of consolidated level-trial balance for the Steel Division
• Improved traceability of financial transactions
• Access to consolidated data from multiple locations
• Availability of a holistic view of processes
• Availability of information on stocks; this helps planning timelines for new orders
• Better management of statutory taxes like Excise, VAT, and TDS, in the Payables and Receivables cycle
• Up-to-date/Online availability of financial data, including fund flow and cash flow analysis

RODE Features

• Concept Control Units, which bring in Data-Level Security in the Production Planning and Shop floor production reporting
• Individual Production Calendars mapped to every resource; this gives the benefit of planning based on the calendar availability of each resource
• Multiple Bill of Materials for an item
• By-products with Primary Output Item of the Product Structure
• Attribute mapping to Product Structure
• Multiple levels of planning for each item, at the warehouse level, plant level, and business unit level
• Planning based on multiple sources of Item, which include purchase, production, subcontract, and stock transfer
• Features to generate Work Orders manually or through planning process
• Machine-wise production reporting
• Product costing based on production and overhead expenses
• Variance calculation based on planned vs actual cost