Improve your Productivity with ACTouch ERP, an automation and business integration tool.

Manufacturing ERP For Medical Devices And Equipment Manufacturers

How we help Medical Devices Manufacturers?

Medical Devices Manufacturers ERP should be having a lot of features to address the segment as the products and its manufacturing process is very wide. ACTouch.com is a comprehensive tool for Medical Devices Manufacturers and helps them to control Invoicing, Purchasing, Finished Goods Costing, Production, Planning and Invoicing, Tracking of Materials and machines, its testing status, assembly etc. It also helps to manage the Finances and Taxes. Cloud ERP generally has substantially lower upfront costs, because the month leases computing tools instead of purchased and maintained in your premises. Cloud ERP gives companies access with their business-critical software.

Best Medical Devices Manufacturers ERP Software in India

Simplify your Work, Improve Process and Reduce Cost with ACTouch.com, a Medical Device Manufacturers ERP Software

  • Manage and accounts location of the components on the Machines assemblies
  • Manage the rejections, scrap with reasons during testing. Define test cases.
  • Identify the costs of manufacturing including Subcontractors
  • 100% efficient and easy way to track the materials at Subcontractors location.
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ERP for Medical Devices Manufacturers

Problems Faced by Medical Equipment Manufacturers and what is hitting their profit margins?

As common to many industries, the Medical Equipment Manufacturers also face many problems. But the major of these issues are

  1. Finished Goods cost can be reduced by 10% by controlling the wastage and scraps? Many do not know this. So they loose the market with wrong Finished goods cost that they decided at the beginning of work.
  2. Raw Materials or components tracking and traceability from Finished Goods serial no. How to track these details?
  3. Variation of Price for the Raw materials as it depends on Foreign Currency and exchange Rates. So the RM price is volatile. How to manage the Multi Currency Exchange gain or loss?
  4. Unpredictability of availability of Raw Materials as many are imported.
  5. Same RM could be supplied by multiple vendors. So how you track them with Batches or Serial Numbers to finished goods level?
  6. Manage Activity based costing to know and control the FG Costs.
  7. How to manage Subcontracting operations, reduce the costs of manufacturing.
  8. Manage and control Jobwork and its costs.
  9. Manage the Demands and supplies of the Materials. How to manage Forecasting and confirmed Sales Orders?

In summary Medical Equipment Manufacturing companies need a robust ERP that handles all the above scenarios with one Centralised robust Solution, with an ability to manage the business process and workflows. It should help with tracking of RM, Semi Finished Goods with its Costing, track wastage and scraps etc.

Are you ready to change like some of these customers?

We solved their problems of

  1. Import and Export Business with accurate castings, Invoicing, Purchase etc
  2. Capture customer details and their delivery schedule
  3. Resources, People and their Productivity improvements
  4. 100% accurate Subcontracting Operations – Helped our customers to track all components that’s sent to Subcontractor location.
  5. Medical Devices Batch and Serial no tracking
  6. Managed Product level Batches to track which Vendor supplied these components against which document etc. as the same part numbers are supplied by multiple vendors.
  7. Test results and tracking of Quality results
  8. Tracking of Materials between 5 to 10 levels of Sub Assemblies.
  9. 100% accurate costing with Man power utilization and subcontractor costing
  10. Landing Cost – Multi currency with Landing cost

Multi layer Bill of Materials (BOM) / Product Structures

Multi Layer Bill of Materials (BOM)

Bill of Materials (BOM) is modified at the time of transactions and ensure that no one changes it. For the same item, you can have multiple BOMs and manage the productions. So you can define,

  1. Multiple layers of BOM with each layers with 2000+ materials.
  2. Define Labor, Burden and other costs
  3. Get the products estimated costs.
  4. Control the items that goes into Finished Goods

Advantage of ACTouch.com BOM is, you can find the exact product cost with cost deduction from By-products too.

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Many production managers ask questions like

  1. What is BOM configuration for Chip designs? Each design has 5000 components.
  2. How to create a Bill of Materials (BOM)?
  3. How to Build a BOM

We are trying to address all these questions here with an explanation and what BOM really contains?

What is my Finished Goods Cost? How to get my Cost details Automatically?

FG Costing is an important parameter for the production persons as management is focussed on to reduce the costs. Typical FG cost will contain, RM Costs, Production labor costs, Machine cost sets.

Activity Based Costing for Finished Goods (ABC)

It is sad that many Customers doesn’t know their accurate cost of Finished Goods. Because of this they don’t know at what rate to sell the products. Traditionally, ACTouch.com follows the Activity Based Costing (ABC) approach and it helps to arrive at the minute cost details added to Finished Goods.

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Work Order Dashboard

Work Order and its process

ACTouch.com handles Work Orders with ONE Page activity. You can do

  1. Request for Materials transfer to Production Unit. (Material Request form)
  2. Semi or Finished Goods reporting.
  3. Send the Raw / Semi Finished materials for Subcontracting
  4. Receive the Finished Components from Subcontractor

From ONE page, you can manage the complete Work Order Operations. Now your Boss can see the details at one place.

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Many Business owners frequently ask these questions to their Production Manager.

  1. What is the status of my Production Delivery? Where we are and when we can meet customer demand?
  2. What is Work Order and how to speed up delivery?
  3. How long does this work order takes to complete the work?

Daily / Weekly Production Plan

One of the main problem for Manufacturing companies, we are addressing is, you can plan for the multiple Semi or Finished Goods at a time and collect all the RM for them at one go from Stores. A powerful tool for the production manager.

Daily / Weekly Production Plan

ACTouch.com handles Daily / Weekly Production plan that helps

  1. Prepare the Production Plan for a week or month for 10 to 100 Finished Goods.
  2. Helps to process and generate ONE STOCK list to be collected from Stores
  3. If any Materials Shortages, please raise the Purchase Indents.
  4. Powerful tool for Production Managers.
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How Planning works for Manufacturers with 5000+ items?

Material Requirements Planning [MRP]

MRP is a powerful tool. MRP helps to check the demand (Sales, Forecasting etc) and checks the available stocks. Based on this it plans for the shortage of materials based on the timelines. The output of this is, it helps to generate planned orders for Production and Purchase Indents.

  1. Selective MRP
  2. Regenerative MRP
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Material Requirements Planning or MRP is a powerful tool that helps you to manage your business with Demand and Supply. Click here to read more.

Sales Order Processing

Many managers ask questions like

  1. What is Sales order and its process?
  2. What is the difference between Sales Order and Invoice?
  3. How to do an Export Invoice and collect money?

We are trying to address all these questions here with an explanation.

Sales Order Processing

ACTouch.com has the following modules that helps and streamlines your business

  1. Sales Quotation – Helps to send Quotes
  2. Sales Order – Inventory, Services, Multi Currencies.
  3. Convert SO to Invoice or generate Export Invoice
  4. Handle effective Sales Returns
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Purchase Order Processing

Purchase Order Processing

With ACTouhc.com, you can create the following documents

  1. Purchase order for Inventory or Import
  2. Receive the materials and it updates Inventory
  3. Purchase Returns and its helps to manage Inventory

Its a powerful tool for Purchase Managers

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Many managers ask questions like

  1. What is Purchase order and how it helps?
  2. What is the difference between Purchase Orders and Goods Receipts?
  3. How to do an Import Goods receipts?

We are trying to address all these questions here with an explanation.

Subcontracting Process

Many managers ask questions like

  1. What is Subcontracting Process?
  2. What are the steps to follow in Subcontracting?
  3. How to add the subcontracting cost to Product costs?

We are trying to address all these questions here with an explanation.

Subcontracting Process

ACTouch.com has the following modules that helps and streamlines your business

  1. Raise the Outward DC and send the RMs to Contract vendors
  2. Receive the Finished or Semi finished goods against the Delivery challans
  3. Add the Subcontracting production cost to FG.
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Master Data Processing

Master Data Preparation and Upload

ACTouch.com has the following modules that helps and streamlines your business

  1. You can create the master data like Products, Supplier etc
  2. You can upload the master data and we have provided EXCEL Formats.
  3. Product master can have Units of Base, Alternate or Multi Units of Measurement.
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We try to address the details like

  1. How to create Product master, Customer, Supplier, Multi Currency etc?
  2. How to upload these master data when the records are many?
  3. How to upload BOM, Finished Goods details?