Viindoo MRP, an integrated production management software, is one of two enterprise management solutions by Viindoo that was honored at the Sao Khue Awards 2023 ceremony on April 28th, 2023. Vietnam Software and IT Services Association (VINASA) organized the ceremony, a prestigious award in the Vietnam IT industry.
Viindoo's representative went up to receive the award at the Sao Khue Awards 2023 ceremony
The context of the manufacturing industry prior to global economic fluctuations
Entering the second half of 2022 and the beginning of 2023, facing global economic decline, low purchasing power from import markets, and many domestic difficulties, industrial production in the first quarter of 2023 decreased compared to the same period last year. On the morning of May 4th, S&P Global published a report on Vietnam's manufacturing Purchasing Managers' Index (PMI) for April 2023, which remained below the average threshold, reaching only 46.7 points.
Manufacturing businesses are facing many difficulties in attracting new orders, with a decrease in the number of orders leading to the need to continue to address the backlog of work. Meanwhile, the inventory of finished goods has increased to the highest level in two years, leading to significant pressure on cash flow, increased warehouse costs, and the risk of damage to goods
The workforce in manufacturing businesses continues to decline, stemming from a shortage of replacement personnel and staff reductions. This has led producers to seek management solutions to optimize employee performance.
Applying technology to production management - a comprehensive solution for businesses to overcome common difficulties
Facing economic fluctuations and industry difficulties, manufacturing businesses need to find solutions. Applying technology to production and business management is the key to helping businesses minimize the risks of cash flow deficits and resource waste and contribute to optimizing sustainable performance.
Being aware of the role of supporting businesses on the digital transformation journey, increasing productivity, and optimizing costs, Viindoo Technology Joint Stock Company, with the integrated production management software Viindoo MRP, has become a solution to meet the production management needs of 4.0-era businesses.
Viindoo MRP - Comprehensive and Lean Software
Viindoo MRP is a fully integrated production management software that meets the specific needs of manufacturing businesses on a single platform, streamlining processes and optimizing performance, including:
- Visualizing and tracking overall production plans
The software helps users visualize detailed production schedules that can be customized in a Gantt chart. It tracks production activities, evaluates resource utilization efficiency, and optimizes production plans and processes.
- Inventory planning and material management
Integrating production planning software with warehouse management software supports accurate inventory planning and demand forecasting on a daily, weekly, or monthly basis. Businesses can incorporate production order management software with procurement management software to automatically create production orders, warehouse movements, or purchase orders to meet inventory plans.
- Product costing
Another prominent feature of the software is the ability to record actual material consumption for each process, and order, compare it with the planned cost, and calculate the actual product cost based on the materials consumed in each process.
- Quality management, warranty, and equipment maintenance
Issues related to quality management, warranty, and equipment maintenance are automated and synchronized with detailed product criteria, providing real-time multidimensional reports.
- Intelligent 4.0 workforce management
The software manages all production resources, from labor to production orders, sets time efficiency, capacity, overall OEE performance, and operating costs for each resource, and builds production processes from general to detailed for each specific help using an innovative 4.0 factory management method.
Viindoo MRP is a reliable solution to solve production management issues and a companion for businesses in the digital age. Viindoo hopes to contribute to the development of manufacturing businesses and the overall economy of the country.