As you know, India is a major player producing all types of rubber products whether it is small or large for exporting and also for domestic use. Many of rubber products are produced in large & small industries or the SME sector of the nation. Nowadays, the use of rubber products is increasing worldwide & due to this, the competition is also increasing day by day. Fluctuating prices of raw materials is a big challenge for rubber industries. The major challenges which they are facing are productivity, quality of product & its cost factor. The product life cycle is short & customers are very price sensitive. The profit of the manufacturing industries is totally depending on this only.
Generally, this kind of manufacturing industry has pressure on how to reduce the operational cost, reduce the wastage of materials at the time of production, quickly respond to rapid changes in product development and other challenges. These companies, small or big can benefit majorly with an ERP Software for Rubber Industry in India which will help maintain costs by streamlining processes and tracking inventory.