Steel die manufacturing—especially for transformer components—is a sector full of operational complexity and fluctuating material costs. Businesses face real challenges with profitability, cost tracking, and timely decisions. That’s where ERPNext, customized by B2Grow, delivers major impact.
Real Problems Solved by ERPNext
1. Steel Price Volatility
Steel is the primary raw material. Price fluctuations affect project costs and profit margins. B2Grow implemented a dynamic steel pricing engine integrated with ERPNext, allowing real-time BOM and quotation adjustments.
2. One-Off BOM Complexity
Every die has unique specifications. Traditional ERPs lack flexibility. B2Grow built a shape-driven BOM generator that allows engineers to create dynamic BOMs based on die shape, size, and steel grade.
3. Scrap Tracking Deficiency
Untracked scrap leads to material loss and profit leakage. ERPNext was customized to track scrap yield at each workstation, enabling variance analysis and cost control.
4. Missing Contract Labor Costs
Manual finishing work by contract labor wasn’t included in COGS. B2Grow linked job cards to vendor work logs to include accurate labor costing.
5. Inaccurate Quotation Estimates
Quotations were based on assumptions. ERPNext’s rule-based quotation engine now factors in real steel specs, quality control cost, scrap estimate, and labor time.
6. Third-Party QC Integration
Quality testing by third parties wasn’t traceable. B2Grow integrated QC logs into ERPNext, including cost and time impacts on project profitability.
7. Lack of Real-Time Cost Visibility
COGS and margins were only known post-billing. ERPNext’s real-time dashboards show per-job cost metrics, with alerts for cost overruns.
8. Delayed Reporting
MIS reporting was Excel-based and delayed by days. Auto-generated dashboards now deliver instant insights on margin trends, scrap %, and quotation success rates.
Bonus Innovations by B2Grow
- Quotation reuse tracker
- Full die lifecycle tracking from raw steel to dispatch
Conclusion: From Chaos to Control
If you’re managing a shopfloor with steel as your primary input and quoting complexity is eating into profits, ERPNext can give you back control—with visibility, accuracy, and efficiency.