Cutting Tools Manufacturing
Cutting Tools Manufacturing
Pre-Implementation Challenges :
- Limited System Functionality
- Inefficient Purchase Order Management
- Manual Compliance Processing
- Unstructured Employee Expense Management
- Restricted Accessibility
- Financial Compliance & Transparency
The Client
The client is a leading manufacturing plant in India specializing in high-precision cutting tools. With a strong vision and strategic growth initiatives, the company has evolved from a small-scale enterprise to a key player in the Indian manufacturing sector. Today, it produces a diverse range of cutting tools, each designed to deliver superior performance and durability across various industrial applications.
Pre implementation Scenario
The client was previously using a Windows-based system, which was limited to basic billing operations. However, several critical aspects of the business required enhanced digital control and automation.
- Inefficient tracking of purchase/work orders.
- Manual processing of statutory expenses, GST, TDS, TCS, and E-invoicing.
- Lack of streamlined processes for staff advances, salaries, and expenses.
- The existing system was restricted to on-premises use, affecting operational flexibility.
- Meeting the requirements of financial institutions and maintaining transparent records.
The Solution
After analyzing the client’s challenges, our team proposed a cloud-based ERP solution with advanced modules for Store, Production, Sales, Asset, Finance, and Human Resource Management. The client appreciated the depth of our system’s capabilities, as it significantly reduced manual effort and streamlined operations by integrating all departments into a single platform.
The key system attributes provided were as follows:
Procurement & Vendor Management
Purchase Indent
Purchase Order
Purchase
Vendor Management
Sales & Customer Management
Customer Order
Inspection Details
Sale Invoice
Service Invoice
E-Invoice Statement
Bank Stock Statement
Expense
Work Order
Miscellaneous Expense Bill
Statutory Expense Bill
Regulatory Compliance
Finance
Advance Payment to Party
Advance Payment to Staff
Employee Tour Bill
Payment against Tour
Payment against Vendor Bill
Asset & Depreciation Management
Purchase Order of Asset
Purchase of Asset
Disposal of Assets
Calculation of Depreciation
Payroll
Employee Details and Joining
Employee Salary Structure
Payroll Master
Payroll Transaction
Salary Payment
Post implementation Scenario
The cloud-based ERP solution transformed the client’s operations by digitizing and integrating all critical functions, leading to improved efficiency and better decision-making.
The key system attributes provided were as follows:
- Integrated Solution
- Proper management on procurement process of Raw Materials, Spares, Consumables, Finished goods and Assets
- Proper management of Assets and calculation of depreciation
- Complete regulatory & statutory compliances like TCS, TDS, GST and E-invoicing
- User wise single/multiple instance of sign in.
- Tighter control and process orientation with workflow
- Better visibility for top management
- Better coordination between different departments and branches
Enhancing Cutting Tools Manufacturing
Discover how Extrapolix optimized precision, minimized downtime, and streamlined supply chains for a cutting tools manufacturer.