Home / Knowledge / News / Textiles / Gangwar launches NHDC's ERP system
Gangwar launches NHDC's ERP system
21
Dec '15
Textiles Minister Santosh Kumar Gangwar launched the Enterprise Resource Planning (ERP) system for the National Handloom Development Corporation Ltd. (NHDC) in Varanasi on Sunday. NHDC has thus become the first PSU under the Textiles Ministry to have an ERP system. Its decision to implement an ERP system is in line with the Government's Digital India initiative, according to a Textiles Ministry statement.

The ERP system will significantly benefit the weavers, who are the primary beneficiaries of the yarn supply scheme of the Government. Weavers will gain from quicker delivery of NHDC material. The system will also result in higher transparency and accountability, making the corporation's activities visible for all stakeholders.

All processes - such as indenting, purchase order generation and invoice generation - will be performed through the ERP system itself. This reduces the lead time and also makes the system transparent. Any delay in the chain can be identified by the weaver, and by all other stakeholders. The elimination of paperwork and streamlining and transparency of the process will improve the efficiency and responsiveness of the supply chain. Procurement, inventory management and demand forecasting will also improve, resulting in high quality customer service, the statement said.

Some of the key benefits from implementing the ERP system include the availability of yarn at the best price to the weavers across the country by making the procurement process transparent, facility for weavers to access information anytime through a mobile app and saving time by not having to visit the NHDC office.

Mills will also be integrated in the system, in order to ensure that indenting and order confirmation are a part of the online ERP system. Weavers will be able to access the status of the despatch of the material from the mills such as the name of the transporter, freight, LR No etc.

In addition to NHDC, all other stakeholders such as mills, transporters, societies, weavers, Office of Development Commissioner (Handlooms), will have direct access to the information in the ERP system. The system will provide real-time information on NHDC activities occurring in all the parts of the country, the statement said. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X