For a manufacturer, profit is decided on the factory floor. The price of raw materials changes, recipes get adjusted, batches produce more or less than planned, and finished goods sit in stock. If costing lives in a spreadsheet updated once a month, the owner learns too late which products actually make money. A production ERP connects raw materials, production and sales, so the cost of every product is known as it is made.

Why spreadsheets break down

  • Raw material prices change with every purchase, but the costing sheet uses last month's price.
  • Wastage and yield are estimated instead of recorded.
  • Stock of raw materials and finished goods is counted by hand, and rarely matches.
  • Only one person understands the formulas.

What a production ERP should cover

Raw material tracking

Purchases, suppliers and stock for every raw material, with the actual cost of each purchase.

Recipes and production flow

The materials and quantities each product needs, and production batches that consume them from stock as they run. Planned and actual output side by side show wastage at once.

Production costing

The real cost of each batch and each unit: materials at their actual price, plus labour and overheads. When a material price changes, the product cost changes with it.

Finished goods stock

Output moves into finished goods stock, and sales and deliveries move it out, so the stock figure is always current.

Profit tracking

With cost and sales in one system, profit per product, per batch and per period is a report, not a project.

What our clients say

Food manufacturers in Bangladesh run their production on our iProduction ERP:

"We started with iProduction ERP and now our production costing and profit tracking is fully automatic. Great job iSoft!"

Misti Chaya

"The automation power of iProduction ERP is impressive. It tracks raw materials, finish goods, and profit perfectly."

Miazi Agro Food Industries

What to check before you choose

  • Your units of measure. Buying in sacks, producing in kilograms and selling in boxes should all convert cleanly.
  • Multiple recipes and versions. Products change, and old batches should keep their original cost.
  • Accounts. Purchases, sales, dues and expenses should flow into the books without re-typing.
  • Ease of use on the floor. If entering a batch takes too long, it will not happen.

Frequently asked questions

What is production costing?

Production costing works out what each batch, and each unit, really cost to make: the raw materials at the price you actually paid, plus labour and overheads. Compared with the selling price, it shows the true profit of every product.

How is a production ERP different from accounting software?

Accounting software records money: purchases, sales and expenses. A production ERP also follows the goods: raw materials going into production, batches, wastage and finished goods coming out. Costing needs both, which is why they work best in one system.

Is iProduction ERP only for food manufacturers?

Our current clients are food manufacturers, and the system is designed for manufacturers in general: raw materials, production flow and costing in one place.

Custom manufacturing software

Every factory has its own process. Where a standard product does not fit, we build ERP and business software around your workflow, from purchasing and production to sales and accounts.

See iProduction ERP and our ERP and business software service, or tell us how your factory works.