Every manufacturing company needs to have some sort of tracking in place in its ERP system, but the extent to which tracking is required varies based on the type of manufacturing and the regulatory authorities in charge of that specific segment. For the companies that manufacture consumer products such as food products and pharmaceuticals and are regulated by the Food and Drug Administration (FDA), tracking and quality are extremely important and should be reflected in their ERP systems. The transportation industry, including both automobile and airplane manufacturers, has equally as high regulatory standards from the National Highway Traffic Safety Administraton (NHTSA) and the Federal Aviation Administration (FAA).
Quality Managment is an important regulatory compliance item, applications like those shown above allow companies to manage testing and inspection criteria for their purchased and manufactured items.
At Visibility, we focus on serving make-to-order manufacturers. Make-to-order manufacturers span many manufacturing segments, including aerospace and defense manufacturing, high tech and electronics manufacturing, and machinery manufacturing. Although most make-to-order products are not directly used by consumers, make-to-order manufacturers still need to make sure their ERP system has a robust compliance component. Here's why:
Here are the five most important compliance needs to look for when considering an ERP system:
To read more about how Visibility is Sarbanes-Oxley compliant click here.