Lucrum, a textile-specific solution, embodies Industry 4.0 principles, which are crucial for data-driven insights and smart manufacturing. Its Production Planning & Control (PPC) module optimizes resource allocation across the supply chain, particularly in spinning and weaving. Simultaneously, the Manufacturing Execution module provides real-time visibility into operations, ensuring efficiency and control at every step. Lucrum's Product Lifecycle Management (PLM) module sparks product innovation through digital twin technology – simplifying product development from start to finish. The precise costing module provides clear financial insights across textile processes. By implementing Industry 4.0 principles of IoT, AI, and real-time analytics, Lucrum empowers textile businesses with a future-ready platform, securing their success in the digital age.
Discover Lucrum's Accounts Management – your go-to solution for weaving financial efficiency in the textile industry. It includes a variety of features, such as general ledger tracking, accounts payable and receivable management, and fixed asset management. The controlling module can help businesses track their costs, price their products, and analyze their profitability. Real-time data processing and advanced analytics ensure compliance, robust reporting, and seamless digital transformation – all geared towards cost optimization and profitability improvement in textiles.
Lucrum simplifies capacity planning in the textile industry, aligning material requirements with production schedules. Furthermore, this ensures that the company has the right materials and resources in the right place at the right time to meet demand. Additionally, our system optimizes resources through real-time market responses, offering deep insights into capacity utilization and KPIs. Similarly, advanced analytics offer deep insights into capacity utilization, ensuring adaptability to changing market needs and scalability with business growth.
Lucrum ERP can help textile companies take their production planning and control (PPC) to the next level. It does this by integrating product lifecycle management (PLM) with PPC, allowing for comprehensive management of the manufacturing process. Lucrum ERP streamlines master data and enhances real-time MRP, while adeptly balancing production planning and capacity. It incorporates PLM insights for product development and lifecycle tracking, and Modular Solutions include monitoring shop floor activities and integrating quality management. Advanced Planning and Scheduling align with real-time inventory control, while Lucrum BI analytics offer deep insights into production performance, comparing planned versus actual time and budget. All of this is accessible via an intuitive interface, creating an efficient, data-driven production environment.
Ever wondered how Lucrum gets things done in manufacturing? Let us break it down. Our Production Execution Process (PEP) handles three types: Discrete, Repetitive, and Process Industries. Before production begins, PEP helps you set planning quantities and generates planned orders based on the bill of materials (BOM) and routing details for each product. PEP then helps you manage the five critical steps of the production process:
PEP also includes specific configuration settings to ensure that you have the materials and capacity you need to meet your production schedules. Each step follows specific settings, like order types and parameters, making sure we have what we need and stick to our schedules. And here's the fun part: Backflushing. It automates component issuance during confirmation, making everything run like clockwork.
Lucrum's enhanced Sales Order Lifecycle simplifies the process from start to finish. It begins with pre-sales activities, such as inquiries and quotations, followed by the creation of sales orders. An Availability to Promise (ATP) check ensures product availability before order fulfillment. For credit purchases, a credit check is conducted, followed by pricing, tax calculations, and delivery scheduling. Warehouse picking is guided by the generated picklist, leading to delivery processing, goods issue, and inventory level updates. Shipment and tracking then commence, including the generation of Bills of Lading for legal shipping compliance. After goods are issued, billing documents are created, accounts receivable are updated, and payment is processed. The cycle concludes with comprehensive after-sales service and detailed reporting and analysis.
The company provides customized textile-specific PLM software solutions. From initial concept and design to production and distribution, our comprehensive platform simplifies the entire production lifecycle. Additionally, our suite has advanced and high-tech tools for material and supplier management, sample and prototype development, and others. Other than this, our key features include sustainability tracking, inventory management, and integrated supply chain operations. With Lucrum PLM solution, textile companies can enhance their efficiency, reduce costs, and ensure compliance adherence. Moreover, the platform offers powerful analytics and reporting capabilities – with improved decision-making and a competitive edge in this ever-growing textile market.
Lucrum ERP is here to transform the textile sector with its Workforce Operations module. The system seamlessly integrates HR, recruitment, and payroll functionalities to streamline human resource operations. Furthermore, the system is intelligent enough to assist in talent acquisition – from strategic hiring to efficient onboarding. Additionally, the system helps provide a platform for employee growth through customized training and personalized career pathways. Moreover, this ERP system effectively tracks performance and aligns individual objectives with broader business goals. For workforce planning, our advanced analytics feature provides valuable insights, while our payroll management system is intelligently linked with performance metrics to create a motivated workforce. Our comprehensive system enhances employee engagement, adheres to safety standards, and ensures compliance with labor regulations. Lucrum ERP improves operational efficiency – providing a skilled and motivated workforce – with flexible scheduling and shift management that adapts to the ever-changing challenges of the textile industry.
Lucrum ERP is changing the dynamics in textile manufacturing with our integrated ERP and Industrial Automation, utilizing IoT and Industry 4.0. Our integrated ERP and Industrial Automation solution make spinning, weaving, printing, and stitching more efficient with IoT-enabled machinery. We expertly handle production data, resource allocation, and inventory to boost productivity and cut costs. Apart from reducing costs, this system helps in reducing waste, improving efficiency, and making better decisions. Designed specifically for the textile industry, Lucrum ERP supports strategic decision-making and optimizing supply chains. Moreover, this ensures regulatory compliance, making manufactures successful in today’s tech-driven market.
The world is transforming, and so is the textile sector. However, Lucrum ERP adapts to this progressive change. For the textile industry, the company provides inventory and procurement management systems that integrate not only Just-In-Time (JIT), but also Economic Order Quantity (EOQ), and ABC analysis – optimizing stock levels and efficiency. The system streamlines the entire purchase cycle by improving supplier relations and order processing. It uses advanced real-time tracking and predictive analytics for accurate inventory forecasting – incorporating procurement with production demands and market trends. This approach provides better insights into procurement activities and inventory management. Moreover, it promotes strategic, cost-effective, and agile supply chain management operations. This comprehensive approach of Lucrum ERP also focuses on sustainability and compliance, essential for navigating the progressive textile sector.
Lucrum's Global Trade module provides a centralized solution for managing international trade processes and ensuring compliance with global trade regulations. It encompasses compliance management, which screens trading partners and handles export/import licenses, and customs management for automating customs documentation and procedures. Risk management features are also included, along with EDI integration for efficient document exchange. Product classification according to tariff codes, preferential trade agreement management, and trade finance tools are additional functionalities. Lucrum ERP's Letter of Credit management enhances trade finance capabilities, mitigates risk, and streamlines international trade processes.
Lucrum's Global Trade module provides a centralized solution for managing international trade processes and ensuring compliance with global trade regulations. It encompasses compliance management, which screens trading partners and handles export/import licenses, and customs management for automating customs documentation and procedures. Risk management features are also included, along with EDI integration for efficient document exchange. Product classification according to tariff codes, preferential trade agreement management, and trade finance tools are additional functionalities. Lucrum ERP's Letter of Credit management enhances trade finance capabilities, mitigates risk, and streamlines international trade processes.
As always, Lucrum ERP introduces something special for the textile sector – a dedicated CRM module – designed to enhance customer engagement and optimize sales operations. This textile-specific CRM module is powered by features like automated quote generation and customizable templates. Additionally, Lucrum ERP provides precise cost card management for designing accurate pricing strategies, taking into account various production elements. It is smartly integrated with sales and order management, enabling smooth transitions from quotes to confirmed orders. Furthermore, Lucrum ERP's CRM capabilities include comprehensive customer data management, multi-channel communication, and insightful analytics. This intelligent system empowers textile businesses to augment their sales processes, strengthen customer relationships, and achieve strategic growth.
Lucrum ERP offers a comprehensive solution for Asset Procurement, Maintenance, Depreciation, and Capital Work in Progress (CWIP) management. It streamlines the procurement process from requisition to purchase, optimizes vendor management, and ensures cost-effective acquisitions. The software schedules and tracks asset maintenance, extending asset lifespan and preventing failures. It automates depreciation calculations for accurate financial reporting and compliance and manages CWIP by tracking construction and development costs. Additionally, it offers seamless integration with financial systems, comprehensive lifecycle management of assets, analytics for insightful decision-making, document management, and is customizable and scalable, all accessible through a user-friendly interface.