ERP for the Furniture Industry: Simplifying Processes and Maximizing Profitability
December 27, 2024by
admin
ERP for the Furniture Industry: Simplifying Processes and Maximizing Profitability
Overview
Classy, the renowned brand name of Kottakkal Wood Complex, was established in 1985 and quickly gained recognition for its world-class furniture, establishing a position of professional leadership in a short period of time.
Over the past 37 years, Classy has developed a unique Quality Management System (QMS) for manufacturing premium wooden furniture. The company invested in advanced, high-precision machinery that enabled them to achieve exceptional perfection in every product. During this time, the design team has created over 1,000 unique furniture designs, blending modern aesthetics with the timeless appeal of antique and traditional styles. Since its inception, Classy has remained dedicated to the pursuit of perfection in every piece of furniture it produces.Previously, they were using Busy Accounting Software for their accounting needs.
Locations : Kochi, Kottakkal, Calicut
Business Challenges
As Classy’s operations grew, they faced significant challenges in managing their expanding business efficiently. Manual processes for purchasing, inventory, manufacturing, and sales were time-consuming, error-prone, and hindered their ability to scale. Additionally, their previous software offered limited customization and had an outdated user interface. Recognizing these limitations, they understood the need for a comprehensive ERP solution to streamline operations and support their continued growth.
Solution
Classy partnered with ZestyBeanz Technologies, a leading provider of ERP solutions, to implement Odoo ERP and optimise their furniture manufacturing business. ZestyBeanz worked closely with Classy to customise the Odoo platform, tailoring it to meet their specific needs and of the business processes.
The following Odoo modules were implemented to streamline and enhance Classy’s operations:
Sales: Automating the sales process to track orders, manage quotations, and streamline customer interactions.
Retail & Wholesale
Quotation & Order Management
Margin Checks & Approvals
Multi Stores Sales
Integration to CRM, Inventory & Accounts
Purchase: Simplifying procurement workflows and ensuring better control over supplier management and purchase orders.
Requests for Quotation
Purchase Approval & Orders
Goods Receipts & Batch generations
Billing & Purchase Returns
Accounting: Automating financial transactions, bookkeeping, and reporting to improve accuracy and ensure compliance.
Account Receivables
Account Payables
Cheques Management
Voucher Management
Journal Entries
AR & AP Reconciliation
Configurable Payment Terms
Chart of Accounts
Multiple Journals
Advance Payments & Set off
GST Management & Integration
Trial Balance, P&L & B/S
All Statutory reports & compliance
Inventory: Real-time inventory management to track stock levels, manage warehousing, and improve supply chain efficiency.
Stock Taking & Inventory Valuation.
Multiple Warehouses, Locations & Bins
.End to End Batch/Serial Tracking of Inventory.
Schedule & Tracking of Goods Receipts & Deliveries
.Stock Picking & Packing Workflow with Mobile Support.
Manufacturing: Streamlining the production process, exclusively for the furniture industry.
Bill of Materials & Operations
Semi Finished & Finished Production
Batch/Serial Tracking
Work Orders Management
Integration to Sales & Stock
Contacts: Centralising customer and supplier information to facilitate easy communication and relationship management.
General: Generally we added so many features for the system and it is completely customisable.
Unlimited User License Model.
Cloud & On-premise Deployment.
Multi Companies & Currencies Support.
Inter Company Transaction Automation.
Analysis, XLS, PDF, HTML Reports.
Business Intelligence Dashboards.
Import and Export of Data from XLS.
Alerts – Emails, SMS, Instant Messages.
Exhaustive User Access Control.
User Groups & Roles.
CRM: A comprehensive CRM solution designed to manage customer relationships, track interactions, and streamline sales processes. Boost productivity with powerful automation, analytics, and seamless integration across your business operations.
Sales Funneling
Activities Tracking
Customer Profiling
Follow Ups & Todo lists
Customer Feedback & Review
HR & Payroll: HR and Payroll module simplifies employee management, attendance, and payroll processing with seamless automation. Ensure compliance and efficiency while managing leaves, contracts, and salary calculations in a unified platform.
Employee Masters.
Contracts & Salary Structure
Contract Staff Management
Leaves Allocation, Requests & Approvals
Attendance & Time-sheets
Employee Surveys & Reviews
Recruitment Process
Customer Support: Improves response times, and enhances customer satisfaction. Track, prioritize, and resolve issues efficiently with automated workflows and real-time communication tools.
Complaints Management
Repair & Service Orders
Warranty & Replacements
Custom modules
GST : GST Module helps Classy Furniture easily manage GST on purchases and sales by automatically applying the correct rates to invoices. It generates GST-compliant invoices, tracks input and output tax, and simplifies GST return preparation. This ensures compliance with tax regulations and reduces manual calculations. also provides detailed GST reports, making it easier to track tax liabilities and file returns on time. You can purchase this module from our Odoo Appstore : https://apps.odoo.com/apps/modules/17.0/zb_gst_einvoice_irn
TDS : A custom TDS module in Odoo is designed to manage Tax Deducted at Source (TDS) calculations, deductions, and reporting. It allows businesses to define specific TDS rates, automatically apply them to vendor bills and payments, and generate compliant TDS certificates (e.g., Form 16A). The module integrates with Odoo’s Purchase, Sales, and Accounting modules, streamlining the entire TDS process.
Training and Deployment
ZestyBeanz conducted extensive training for Classy Furniture's employees to ensure a smooth transition to the new ERP system. They managed a seamless deployment process and offered continuous support to address any challenges that arose after the system was implemented.
Results & Impact
The implementation of Odoo ERP transformed Classy furniture operations, producing measurable improvements in key areas.
Scalability and Growth: As Classy Furniture expanded, Odoo’s flexible and scalable platform allowed them to adapt to new business needs and handle increased volume without additional complexity.
Accurate Financial Reporting: accounting features helped ensure accurate financial data, simplifying tax and financial analysis, and improving decision-making.
Streamlined Operations: Odoo integrated various business functions such as sales, purchases, manufacturing, and inventory management into a single system, improving overall workflow and communication across departments.
Conclusion
By implementing Odoo ERP at Classy Furniture, Zesty Beanz could improve their operations by streamlining key processes. By bringing together the Sales, Purchase, Manufacturing, Inventory and Accounting modules into one system, Odoo gave the company better control over its day-to-day activities. This resulted in better inventory management, faster order fulfilment, and more accurate financial reporting. The system reduced manual errors, helped make better decisions based on data, and supported the company’s growth, allowing Classy Furniture to meet the needs of a larger market while maintaining its commitment to quality and service. This implementation led to the introduction of a new product, an ERP Solution Exclusively for Furniture Industry i.e. LogsERP. Contact us for to know more about the product
If you are looking for an ERP implementation partner with diverse industry experience feel free to contact us. Zesty Beanz Technologies is headquartered in Trivandrum Kerala, We have proven track record of successful implementations across the world in various sectors including Odoo for Manufacturing, Odoo for Trading, Odoo for FMCG, Odoo for Oil & Gas, Odoo for Diary, Odoo for Pharma, Odoo for Cosmetic Clinic, Odoo for Contracting Companies, Odoo for HVAC, Odoo for Logistics, Odoo for Automobile, Odoo for Laundry, Odoo for Field Service, Odoo for E-Commerce & many more
ZestyBeanz offers Developer / Consultant outsourcing programs, Chat with us in Whatsapp and Hire Odoo Developers, Mobile Application Developers, Consultants.
