Tectura’s novel IT solution for beverage market
Tectura, a worldwide provider of business consulting services in software and IT implementation, is now gearing up to expand its reach in India with its novel information technology-driven Beverage Solution, which increases operational efficiency at production plants of fruit-vegetable, soft drinks, packaged water and breweries.
Tectura, a worldwide provider of business consulting services in software and IT implementation, is now gearing up to expand its reach in India with its novel information technology-driven Beverage Solution, which increases operational efficiency at production plants of fruit-vegetable, soft drinks, packaged water and breweries. The company has a successful track record of global as well as local implementation of the Beverage Solution.
Beverage Solution improves quality tracking and tracing, allows handling costing and real-time data for reporting and business awareness. It is a comprehensive functionality that supports beverage industry. It is available on Microsoft Dynamics ERP/CRM Platform. The software is highly flexible and extendible. Being Microsoft Gold-certified partner, the company has the expertise to deliver increased efficiency, project acceleration and a competitive edge.
It is reported that the Indian beverage industry is valued at Rs 1,500 crore of which the fruit-based drinks are Rs 700 crore.
Cost pressures
Currently the beverage industry is facing intense competition. This has led to substantial cost pressures on the manufacturers, forcing companies to produce and market their goods more efficiently, and offer high quality products at competitive prices. This is where Tectura’s Business Solution for beverages and industry will help maintain high levels of operational efficiency, many breweries, distilleries have implemented Integrated Supply Chain & ERP Solutions to provide the competitive edge, according to Ranjani C, food & beverage, CoE head, Tectura India.
The key features of the solution address different requirements for beverage manufacturers. These are provision of Full Tax Management, National and across States. There is a complete portfolio of management solutions covering bonded and non-bonded warehouses, transportation with full pallet tracking,
Under the sales and marketing segment, the IT solution focuses on deposit, sales and marketing, discount and loyalty management, shop and merchandise.
In the research and production space, the software helps to develop a formula/recipe and offers streamlined procurement planning.
In addition it is viewed as an indispensable solution for production, planning and manufacturing. There is considerable competence in the departments of quality management and reporting, sponsorships-event management, internal and external contract management, plant maintenance management besides, business intelligence dashboards and reporting.
Additional characteristics
The additional characteristics of the Beverage Solution are process manufacturing, subcontract manufacturing & contract manufacturing operations, empty goods management, commissions to retailers, promotions and discounts management.
Beverage manufacturers must find ways to satisfy customers yet operate profitably in spite of fluctuating consumer demand, strict government regulations, raw material variability and capacity constraints. This feature of Tectura’s Solution delivers the capabilities needed to achieve compliance, efficiency and quality requirements, plus meet customer satisfaction and profitability goals. The competitive advantage for companies in the process industry stems from the uniqueness of the products manufactured. Several important requirements arise in this context, which cover formula management. Under this, the composition of the formulae may need to change from time to time, due to market demands, cost considerations, etc. The ability to revise the formula without losing history information, and switch production from one revision to the next (based on several considerations) is critical.
“Then there is the formula security where the information on formulations needs to be under strict control, with access to formulae being a security privilege. The ability to grant rights to people at the level of each formula is extremely important. It helps tracking, shelf life and expiration dates, quality control, fully integrated lot traceability functionality,” states Ranjani.
Product costing
Tectura’s Beverage Solution also offers product costing feature. There is accurate determination of the cost of finished products considering materials, labour, activities and overheads are essential to determine the correct profitability levels of various products. The cost of products needs to be re-established on a periodic basis to keep it consistent with current market conditions. Tectura’s solution also supports Activity Based Costing (ABC Costing) techniques to accurately roll-up the cost of the product from the cost of raw material, labour and activities. The entire process of cost simulations, cost roll-up and inventory revaluation at the new standard cost is supported.
Subcontracting and contract manufacturing operations, whether in part or in whole, is fundamental to the breweries and distilleries industry. While subcontracting bottling operations is extremely common, the subcontracting of the brewing operation is not a rare occurrence either. The dual need to track the stock of your customers at your company’s premises and the ability to track your stock in the premises of subcontractors is important. Tectura’s Solution handles the subcontracting processes extremely well, and supports planned and instantaneous decisions to subcontract parts of the production process. In addition, the ability to track materials at subcontractor’s premises is also available.
The Beverage Solution helps in empty goods management. Users can gain confidence with an accurate listing and account processing of empty bottles, cases, casks and kegs at any given time. They can calculate empty goods, in both sales and purchasing, ensuring the correct value and available stock of empty bottles, both inside and outside the company, is available. Further, they could also manage the charging and crediting of deposits for the empty goods.
For commissions to retailers and promotions, discounts management, companies installing the Beverage Solution will be able to provide one-off, temporary or permanent discounts or promotions to buyers and end-consumers. These include both direct financial reductions and all kinds of free goods, gadgets and incentives.
The planning of raw materials and other consumables are tightly linked to the master production schedule and Tectura Solution enables planned purchases leading to reduction in costs related to over-purchasing and expired inventory.
For Financial Statutory Compliances and Taxation, the solution offers features that can easily handle the various taxation requirement of India (Central Excise and state-wise taxations). In addition, state-wise application of various duties can also be configured easily for instant application in the sales, distribution and purchase transactions.
Strong integration
It is strongly integrated with process distribution and helps lot-wise disposition of goods. Under the telesales, timely customer service is critical. Users can schedule contacting customers to renew their order based on their needs, gain access to current promotions, customer order history, product catalog and information on production, empty goods, deposits, discounts, transportation, accounting, all available on screen and designed to support your telesales team’s sales efforts.
One-off, temporary or permanent discounts or promotions are often offered to buyers and end-consumers. These include both direct financial reductions and all kinds of free goods, gadgets and incentives.
Extensive quality reporting, resulting from user defined in-process, quality measurements in the production process for the intermediate and finished produced goods, including the initial quality testing of ingredients as part of the receiving process, is also provided by the Beverage Solution.
With this solution, the Indian beverage and brewery industry registered the growth and profitability backed by consultative support from Tectura.
It is reported that the Indian beverage industry is valued at Rs 1,500 crore of which the fruit-based drinks are Rs 700 crore.
Cost pressures
Currently the beverage industry is facing intense competition. This has led to substantial cost pressures on the manufacturers, forcing companies to produce and market their goods more efficiently, and offer high quality products at competitive prices. This is where Tectura’s Business Solution for beverages and industry will help maintain high levels of operational efficiency, many breweries, distilleries have implemented Integrated Supply Chain & ERP Solutions to provide the competitive edge, according to Ranjani C, food & beverage, CoE head, Tectura India.
The key features of the solution address different requirements for beverage manufacturers. These are provision of Full Tax Management, National and across States. There is a complete portfolio of management solutions covering bonded and non-bonded warehouses, transportation with full pallet tracking,
Under the sales and marketing segment, the IT solution focuses on deposit, sales and marketing, discount and loyalty management, shop and merchandise.
In the research and production space, the software helps to develop a formula/recipe and offers streamlined procurement planning.
In addition it is viewed as an indispensable solution for production, planning and manufacturing. There is considerable competence in the departments of quality management and reporting, sponsorships-event management, internal and external contract management, plant maintenance management besides, business intelligence dashboards and reporting.
Additional characteristics
The additional characteristics of the Beverage Solution are process manufacturing, subcontract manufacturing & contract manufacturing operations, empty goods management, commissions to retailers, promotions and discounts management.
Beverage manufacturers must find ways to satisfy customers yet operate profitably in spite of fluctuating consumer demand, strict government regulations, raw material variability and capacity constraints. This feature of Tectura’s Solution delivers the capabilities needed to achieve compliance, efficiency and quality requirements, plus meet customer satisfaction and profitability goals. The competitive advantage for companies in the process industry stems from the uniqueness of the products manufactured. Several important requirements arise in this context, which cover formula management. Under this, the composition of the formulae may need to change from time to time, due to market demands, cost considerations, etc. The ability to revise the formula without losing history information, and switch production from one revision to the next (based on several considerations) is critical.
“Then there is the formula security where the information on formulations needs to be under strict control, with access to formulae being a security privilege. The ability to grant rights to people at the level of each formula is extremely important. It helps tracking, shelf life and expiration dates, quality control, fully integrated lot traceability functionality,” states Ranjani.
Product costing
Tectura’s Beverage Solution also offers product costing feature. There is accurate determination of the cost of finished products considering materials, labour, activities and overheads are essential to determine the correct profitability levels of various products. The cost of products needs to be re-established on a periodic basis to keep it consistent with current market conditions. Tectura’s solution also supports Activity Based Costing (ABC Costing) techniques to accurately roll-up the cost of the product from the cost of raw material, labour and activities. The entire process of cost simulations, cost roll-up and inventory revaluation at the new standard cost is supported.
Subcontracting and contract manufacturing operations, whether in part or in whole, is fundamental to the breweries and distilleries industry. While subcontracting bottling operations is extremely common, the subcontracting of the brewing operation is not a rare occurrence either. The dual need to track the stock of your customers at your company’s premises and the ability to track your stock in the premises of subcontractors is important. Tectura’s Solution handles the subcontracting processes extremely well, and supports planned and instantaneous decisions to subcontract parts of the production process. In addition, the ability to track materials at subcontractor’s premises is also available.
The Beverage Solution helps in empty goods management. Users can gain confidence with an accurate listing and account processing of empty bottles, cases, casks and kegs at any given time. They can calculate empty goods, in both sales and purchasing, ensuring the correct value and available stock of empty bottles, both inside and outside the company, is available. Further, they could also manage the charging and crediting of deposits for the empty goods.
For commissions to retailers and promotions, discounts management, companies installing the Beverage Solution will be able to provide one-off, temporary or permanent discounts or promotions to buyers and end-consumers. These include both direct financial reductions and all kinds of free goods, gadgets and incentives.
The planning of raw materials and other consumables are tightly linked to the master production schedule and Tectura Solution enables planned purchases leading to reduction in costs related to over-purchasing and expired inventory.
For Financial Statutory Compliances and Taxation, the solution offers features that can easily handle the various taxation requirement of India (Central Excise and state-wise taxations). In addition, state-wise application of various duties can also be configured easily for instant application in the sales, distribution and purchase transactions.
Strong integration
It is strongly integrated with process distribution and helps lot-wise disposition of goods. Under the telesales, timely customer service is critical. Users can schedule contacting customers to renew their order based on their needs, gain access to current promotions, customer order history, product catalog and information on production, empty goods, deposits, discounts, transportation, accounting, all available on screen and designed to support your telesales team’s sales efforts.
One-off, temporary or permanent discounts or promotions are often offered to buyers and end-consumers. These include both direct financial reductions and all kinds of free goods, gadgets and incentives.
Extensive quality reporting, resulting from user defined in-process, quality measurements in the production process for the intermediate and finished produced goods, including the initial quality testing of ingredients as part of the receiving process, is also provided by the Beverage Solution.
With this solution, the Indian beverage and brewery industry registered the growth and profitability backed by consultative support from Tectura.
Source: Tectura
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