Startup Idea: ERP Software for Textile Industry

Startup idea to develop an ERP software solution for textile industry that integrates all its processes. The system should manage procurement, manufacturing, distribution, channel management, sales, quality control, etc. Functionality should also include effective tracking of manufacturing processes, material requirement planning, and master production schedule, among others.

I am the owner of start-up textile industry that has grown from 1- 300 people now. But there is no specific software for track this entire thing and i suffered lot. Later i came to know that ERP will help for this.

Textile Industry generally involves not only the procurement, manufacturing and distribution of the product but also channel management and sales generation. Quality control is also a very important part of the industry where, like any manufacturing company, the quality of the raw material to the finished good is important. Good quality leads to a better extended shelf life which is an important criterion for the consumers to buy the product. An apparel and textile solution makes it easier for the vendors to manage all the processes from one place while keeping their quality control in check. A good ERP for Textile Industry helps the helps the ERP solution to maintain their inventory, quality control, manufacturing process, distribution and finance. A textile company usually faces a problem while tracking their manufacturing processes like production tracking, Material requirement planning, and master production schedule. A good ERP for textile industry provides a single portal for various modules like Manufacturing, sales, purchase, stock, AP-AR Accounting, General ledger, asset register. This will help these types of industries to easily maintain their manufacturing process, stock, distribution process, financial accounting, budget and assets.

An ERP for textile industry provides better quality control of RM as well as the finished goods. It will help to monitor product defects. Thus it will help customer expectation and improve organization sales. ERP for textile industry helps the management to take better business decisions on the go. With a very efficient ERP system, the company can easily manage supply chain process and their administrative process while reducing costs. Identification of duplicate data and data leakages become easy and will help in avoiding over estimation or lower estimation of sales forecast.