Enterprise resource planning (ERP) brings together the myriad of data flows in a cement company, enabling staff to make informed decisions on how to manage operations. This article provides an overview of the benefits to be gained. By Karthikeyan Selvarathinam, Ramco Systems Ltd, India.
With the cement sector expected to show a CAGR of 5.4 per cent in the next five years, the industry is forecast to supply a US$498.23bn market by 2028. However, significant socio-political, macro-economic and operational challenges exist: the Russia-Ukraine conflict, unstable inflation, rising fuel prices and a stringent regulatory environment, to name a few. Cement producers who can navigate these challenges have a chance to tap into the huge opportunity the cement market offers. To meet these challenges, a robust enterprise resource planning (ERP) solution could equip manufacturers by offering tangible and timely insights into their operations, enabling them to make swift strategic and tactical adjustments.
