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Manage your distillery business cost-effectively
The alcohol and distilleries industry is reeling under increasing pressures from all sides, including:
Software solutions will help you automate and manage various aspects of your business. Here are the key features of ERP for the alcohol industry:
Master production scheduling
Monitors seasonal product offerings
Carries out recipe management, approvals, and security
Creates inventory balance reports based on barrels, returns, and damages
Creates a flavor profile for products manufactured in the production process.
Monitors bottle returns and spoilage in real-time
Manages all finance and account-related activities efficiently.
Handles complaints and reports from vendors, suppliers, and distributors.
Controls brightening, blending, fermentation, filtration, and all other stages of beer brewing.
Maintains consistent quality throughout the product manufacturing lifecycle through the quality control module
The first distillery in India was set up in Kanpur in 1805. Today, the Indian breweries and distilleries industry is the third-largest globally, with a market value of USD 5 billion. Country liquor and Indian-made foreign liquor industry is thriving and is growing at a constant rate of 7-10% per annum. Distilleries manufacture neutral alcohol and rectified spirit for both human consumption and industrial use. Out of the total alcohol produced in the manufacturing process, 52% is used for potable purposes, and the leftover 48% is used for industrial use. In India, alcohol is used across several industries, including pharmaceutical and flavoring, beverage, medicinal, drugs, rubber, solvents, and pesticides.
The government is planning to reduce taxes and duties that will give a significant boost to this industry. Industry-specific innovative campaigns like “The Great Indian Octoberfest” and the introduction of pint rooms and beer cafes will increase the penetration in tier-2 and tier-3 cities. The craft beer segment is catching up and is competing with other traditional sectors. The government is also forming strict regulations for eliminating poor quality alcoholic drinks and black-market trading of liquor.
Management software will take care of all business-related activities, from finance & accounting, sales & marketing, and supply chain to handling the manufacturing process, meeting compliance and documentation requirements. Here are a few benefits of ERP software for your business:
a. Attach different product IDs and descriptions, such as UPC, SKU, to each product.
b. Find out the actual cost using the multi-currency feature.
c. Control and manage the processing and fulfillment through the barcoding software.
d. Control and track raw materials and finished goods.
a. Design marketing strategies based on the product profitability for the improvement of ROI.
b. Create a better supply chain strategy by gathering product-level sales information.
c. You can also save costs based on geography, demography, psychography, and behavioral trends.
a. Software solutions will allow you to re-order items as soon as the quantity of raw material goes below the predetermined threshold.
b. Assess purchase quality of each product.
c. Keep minimum stock quantity based on expected demand.
a. Explore detailed customer records.
b. Analyze KPIs and KRAs in real-time.
c. Keep operational expenses for the business under control using historical data.
d. Brainstorm effective strategies by analyzing customer trends.
a. Find out how much payment is due per customer/vendor/supplier.
b. Modify limits for credit-worthy customers.
c. Get automatic reviews of credit status when a new sales order or sales quote is added to the system.
d. Set predefined credit limits to ensure auto-buying of raw materials is restricted above a particular limit.
Sage X3 is the best management software which is specifically built for managing ever-changing demands concerning ale, energy drink, spirits, and malt beverage manufacturers. Our ERP software will allow you to spend more time brainstorming strategies and studying market realities instead of handling the administrative side of the business. You can monitor, analyze, maintain, and make changes to various modules, including accounting, finance, inventory, quality control, process manufacturing, R&D, regulatory compliance, and supply chain modules in a single dashboard.
The following points explain in detail:
Sage X3 manages accounting activities like a pro. It automatically creates journal entries about the products and by-products produced during the process manufacturing activities. It captures the real-time costs of raw materials and finished products and the cost of goods sold. This software also allows monitoring all accounting & financial activities through integrated analytics and reporting tools. You can also control costs using the forecast feature that helps estimate product costs based on market conditions and changing customer preferences.
Sage X3 software will enable you to track inventory from the incoming of raw ingredients to the packaging and distribution of finished products. The Material Requirements Planning (MRP) feature of Sage X3 will assist you with everything from planning and purchasing to scheduling based on past records and future predictions. The MRP module also helps to reduce inventory costs and minimize waste by keeping required inventory levels in the warehouse. This distillery software also maintains daily, monthly, and yearly records of transactions, operations, and physical inventory without any errors.
Sage X3 ERP for distillery ensures top-notch quality for all alcoholic products that you manufacture. It considers various factors, including pH levels, gravity, yeast genealogy, and fermentation levels, to ensure consistent color, aroma, and taste. It helps store customer-specific and in-process test results for fermentation and packaging to ensure consistent quality. It also verifies and manages quarantined materials from vendors and suppliers.
Sage X3 is one of the best distillery solutions in the industry as it helps you adhere to stringent government regulations apart from helping you manage your business. It efficiently handles labels, licenses, permits, taxes, state & country laws, and rules decided by international institutions. Today, governments globally want companies to abide by complicated regulatory requirements. Sage X3 is an industry-specific software that provides top-notch recordkeeping facility and reporting functionality.