Enterprise resource planning (ERP) is a type of software that helps businesses organize and manage daily tasks and processes, ranging from procurement and supply chain operations to customer relationship and compliance. ERP is an essential tool for industrial manufacturing, helping users stay on top of their orders, inventory, and finances.

Material Requirement – or Resources – Planning (MRP) is essentially about demand planning. Computer-based MRP reporting can forecast how much raw materials a company needs to make the volume of product it expects to sell to customers.

Chemical and process manufacturers need to purchase chemicals to produce products for nearly every industry sector worldwide — from agriculture to automotive to pharmaceuticals and cannabis. Establishing a clear chemical procurement procedure can help your company stay compliant, streamline operations and better serve customers. But where do you start?

For any organization that stores on-site chemicals, one thing is crucial: a reliable chemical inventory management system. But creating and maintaining an accurate chemical inventory can be more difficult than it sounds, and without this, your business can suffer.