TURBO ERP FOR TOY INDUSTRY

I. Present Situations

There are over 8000 toy enterprises and 3 million employees of toy industry in the world. Presently, 75% of toys in the world comes from Mainland China, including plush toys, plastic toys, electronic toys, wooden toys, metal toys, leather toys, toy cars and other sundry toys. Toy has been one of the five most important export commodities in China. However, over 70% of export toys are of overseas brands. As ICTI CARE Process became effective and the price of raw materials is increasing, toy enterprises in China are gradually losing their price advantage. Toy market in Mainland China faces new round of reshuffle. The market share advantage of mainland toys mainly stems from low price advantage and processing trade. The mainland toy industry has long been abnormally developing in the way of intensive labor. Low technology and theme deficiency have been the two main tough problems restricting the development of the mainland toy industry.

In order to predominate in the rigorous market competition, apart from increasing the industry returns, the mainland toy manufacturers now also have to strengthen the management standard with support of good management softwares, strive to exploit self potentials and decrease the production cost.

 

II. Management Keys

-The orders of toy industry are mostly OEM orders which are of great diversity, small quantity and mainly belong to processing.

-A great variety of toy export transactions. Export management becomes increasingly crucial.

-Customers are continuously pursuing toy products having fresh design, entertainment and education. Therefore, only those enterprises which are innovative and stress on R&D can have further room for development in the market. Regular R&D work becomes key management.

-Recycling the plastic-molded runner materials in production process is crucial in management.

-In the financial management, apart from the analysis of agency cost, production cost of goods and job orders should be carefully calculated.  

 

III. Solutions

-How to effectively manage the product inforamtion?

ERP system has provided most of the merchandise information management functions, such as number, name, stock units, classification of goods, accounting classification, bar-coding, loop code inventory, warehouses, major suppliers, lead time, purchasing price, selling price, different pricing, photographs, descriptions and other general information.

 

 

Quotation Management

The considered factors of quotation of toy products are extremely complex. Enterprises often waste lots of human resources during quotation but results are not satisfied. Turbo ERP adapts to different quotation requirements. Users can choose the standard price, the latest price, retail price and customer price, etc. Users can enjoy flexible quotation management information.

 

Product Photo Management

The system supports users to add multiple different pictures for each product.

 

Information

Operation Information: weight specifications, product specifications and weight information

Personnel Information: design, manufacturing orders, operation, audit information

Completion date, users, clients and license information.

 

Multi-Currency Management for Export Business

Users can choose different currencies for quotation. The system automatically get the latest foreign currency exchange rate or default quotation exchange rate as the exchange rate of foreign currency quotation. Users can set the bid rate, offer rate and adjustment rate of foreign currency.

 

Freight Charge and Surcharge Management

The system adjusts the freight charge and surcharge generated by shipment of goods flexibly by quotation information. For daily operations, it can set various default trade informationin, such as rate of commission, the initial port, the port of destination, etc.

 

Default Provision of various Price Terms

Users can choose the FOB prices, CIF price or C & F prices, etc for product quotation and choose whether or not require deposits and other quotation terms.

 

The Cost of Testing

Sometimes, clients will ask enterprises to afford the cost of testing. If enterprises do not take this into consideration, there may be additional troubles or may affect profits of enterprise. TURBO ERP systems can apportion the different groups of testing expenses on the quoted products and adjust the quoted product unit price.

 

Sales Order Information Management

Integrating the characteristics of toy industry, TURBO ERP system imprements effective management in sales order information.

Order Information : order number, customer, price terms, payment terms and purchase order number, etc.

Product Description : define the order number and desciption for each product through the default system. Users can modify the details based on their requirements. Besides, users can give detailed descriptions to each type of products.

Packaging Specifications : maintain product packaging specifications and container volume. The information system is automatically derived from product records. The files can be modified to adapt to different orders for the same product using different packaging specifications

Signs Information: Tag materials management is a major difficulty for toy exports industry. The system can maintain the requirements of the corresponding standard cloth, tag, stickers of sales orders to record specific requirements of each group of order products. It provides complete guidance to the production, sorting and packaging process.

 

Complexity of Sales and Transportation Management

The system safeguards the information for sales documents, including : invoice number, the corresponding shipment number, (sea, air, land) consignment number, letters of credit number, invoice date, manufacturing order date, export date, the consignor, consignee, notifier, the heading of invoice, place of receipt, ship name, port of loading and port of discharge, place of delivery, toy type, quantity of bill of lading, place of advance, place of delivery, place of issue, trade mode, permit number, the approval document number, contact information, annex to invoice, bills of lading number, price terms and, modes of payment, etc.

According to the shipping and sales documents, the system automatically collect all shipment information and print a series of documents 'shipping orders", 'packing list', 'sales invoices', etc. The system can print different reports and statements using metric systems and imperial units based on customers' needs.

Sales and Shipment Management : Sales and shipment management plays an important and complicated role in toy sales management. Due to the characteristics of product sales, during sales and shipping process, enterprises are required to ship out the products in batches, combine different sales orders and sometimes ship different product combinations. This caused the great diversity of transportation of toy production and trade.

 

Bulk Procurement of Special Raw Materials

There are bulk procurement problems in different compound materials, such as plastic, paint, etc.There is the setting of purchasing volume of different products in the additional information column. The system automatically changes the proposed purchasing volume into integral multiples. This prevents PMC staff from altering the purchasing volume of materials and thus largely reducing their workload.

 

Inventory Management

Control of Dead Stock:

From the early warning of dead stock in BOM R&D, to MRP/ORP reasonable production and purchase plan, to the proposal of substitute material in production, and further to dead stock analysis report after production, TURBO ERP provides total analysis and control of dead stock, cuts down inventory and reduce the comsumption of fund.

Product durability warning : In order to solve the problem of color variation of raw materials due to long time of storage, the system imprements durability management and set an automatic list of material durability. Besides, the system can offer management based on other materials as well.

 

Under the powerful production and shop floor control, the integrated material requisition and returns method enables a variety of joint material requisition as well as the flexible and practical methods of material requsition (depends on goods, warehouse, stock level and process, etc). Besides, it supports the backflush method which is critical in electronics industry. This facilitates the preparation staff to prepare the material required in production rapidly and accurately. The system analyses the stockout in job orders and thus enables production staff to accurately manage the material information and sensibly arrange the production progress. The useful analytical reporting and referring function enables production staff to accurately manage the progess of all production tasks in time and therefore instantly monitor the whole production process.

 

Plastic nozzle materials management

Plastic nozzle materials management plastic beer against the nozzle material can be used system-product management functions.

 

QC

According to different category of products, users can set different inspection tasks. Quality control products based on different categories of products that can set different items tested. "The amount of production alone", "procurement storage lists", "outsourcing storage lists" were the product testing.

 

Product Structure Management

According to the complicated and various requirements of color, size and characteristic in toy industry color, TURBO ERP provides customers the BOM function, which ensures the accuracy of information of diferent classesas well as the highly diversified production requirements. take color management as an example, since color largely varies, there will be hundreds of color if we set a BOM on every color. Utilizing the BOM function, color required by customers can be easily added into the system when issuing sales orders instead of additionally making a new BOM. Productivity can be thus largely enhanced. The high flexibility of the system enables staff to timely meet the customer needs.

 

Cost Accounting Management

Toy products belong to labor-intensive products. Manuel operation is more frequent than the utilization of machines in production. Therefore, sensibly utilizing the human resources and machinery can effectively increase the productivity. TURBO 'Cost Accounting' can collect the actual working hours of every working process and calculate the accumulation of working hours of different working centers. This can accurately calculate the actual cost of working centers.

 


Back to Home...

 

 

replace with your keywords replace with your keywords replace with your keywords replace with your keywords replace with your keywords replace with your keywords replace with your keywords replace with your keywords