Industry
Manufacturing, Energy and Utilities
The manufacturing sector has been the bedrock of economic development across the world.It comprises of various sub groups like Automobiles, Oil and Gas, Mining and Metals, Cement, Energy / Utilities, FMCG, Consumer Durables, Engineering, Transport and Logistics, Pharmaceuticals, Textiles and Chemicals. The contribution of the manufacturing sector to the National GDP of developed or developing nations has slowly been declining in relative percentage terms as the services sector grow at much greater speed. Having said that, the sector still remains at the center of all economic activities as it is one of the largest employment generators. We have seen the rise of new economic power - China - based on their focused approach towards developing manufacturing sector.
The business concerns and priorities of various sub groups within the manufacturing sector like Automobiles, Oil & Gas or Mining & Metals. are different. But in a larger context the themes around efficiency of internal and external processes, cost leadership, customer intimacy and business analytics are universal and cut across industry segments. The sector has seen a huge adoption of IT in the last few years. Enterprise Resource Planning (ERP) has become the core engine which makes the industry move. Applications related to Supply Chain Management (SCM) helps bring in time, cost and material movement efficiency across organizations or locations. Customer Relationship Management (CRM) applications have helped organizations organize their activities around their target segment and serve their customers better.
Enterprise Applications like ERP, SCM and CRM. have become the lifeline of manufacturing organizations. Information technology usage has, in a sense, become a tool for competitive advantage as it imparts more flexibility and nimbleness to organizations who can then effectively respond to market stimuli. Netsoft solutions help manufacturing organizations build reliable, efficient and cost effective IT infrastructure (hardware and software) to support all aspects of functional requirements and to meet business objectives.