The Top ERP Systems for the Metal Fabrication & Steel Industries
Below is a comprehensive, independent comparison of the top-rated Manufacturing ERP software systems for the Metal Fabrication industry, including Steel ERP Software. Metal Fabrication manufacturers can use the matrix below to compare ERP to determine which systems best fit their business. Use the Free Demos or Best Pricing tool to receive a free demo or ERP software quote directly from the vendor. Read our selection guide.
19 ERP Systems Found
Price Range$4K - $500K |
Price Range$10K - $100K |
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Price Range$7.50K - $50K |
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Price Range$25K - $500K |
Price Range$70K - $1,000K |
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Price Range$25K - $250K |
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Price Range$25K - $500K |
Price Range$6K - $50K |
Cost Per User$125/mo |
Cost Per User$125/mo |
Cost Per User$175/mo |
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Cost Per User$175/mo |
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Cost Per User$40/mo |
Cost Per User$250/mo |
Cost Per User$500/mo |
Cost Per User$150/mo |
Cost Per User$200/mo |
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Cost Per User$500/mo |
Cost Per User$250/mo |
Cost Per User$75/mo |
Cost Per User$2,000/mo |
Cost Per User$150/mo |
Cost Per User$85/mo |
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91%
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78%
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95%
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78%
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95%
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95%
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VersionAlways Current |
VersionRelease 2021.1 |
Version- |
Version2020.1 |
Version- |
Version- |
Version2023 R1 |
VersionAlways Current |
VersionAlways Current |
Version11.0 |
Version10.x |
VersionInfor ERP Feature Pack 6 |
Version6.5.4 |
Version2016.04.02 |
Version6.2 |
VersionV12 |
VersionCloud 2021 |
Version8.0 |
Version5 |
Financing OptionsLease, Subscription |
Financing OptionsSubscription |
Financing OptionsSubscription |
Financing OptionsLease |
Financing OptionsSubscription |
Financing OptionsSubscription |
Financing OptionsSubscription |
Financing OptionsSubscription |
Financing OptionsLease, Subscription |
Financing OptionsLease, Subscription |
Financing OptionsLease |
Financing OptionsLease |
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Financing OptionsSubscription |
Financing OptionsLease, Subscription |
Financing OptionsFinance, Subscription |
Financing OptionsSubscription |
Financing OptionsSubscription |
Financing OptionsSubscription |
User Range10 — Unlimited |
User Range10 — unlimited |
User Range10 — + |
User Range5 — 500 |
User Range1 — Unlimited |
User Range1 — 50 |
User Range5 — Unlimited |
User Range5 — Unlimited |
User Range5 — Unlimited |
User Range1 — 250 |
User Range5 — 1000 |
User Range20 — 2,500 |
User Range1 — Unlimited |
User Range5 — 500 |
User Range15 — Unlimited |
User Range10 — 1000 |
User Range15 — Unlimited |
User Range10 — 1000 |
User Range5 — 300 |
Minimum Fee to Implement$50,000 |
Minimum Fee to Implement$10,000 |
Minimum Fee to Implement$35,000 |
Minimum Fee to Implement$20,000 |
Minimum Fee to ImplementN/A |
Minimum Fee to Implement$2,000 |
Minimum Fee to Implement$10,000 |
Minimum Fee to Implement$2,400 |
Minimum Fee to Implement$20,000 |
Minimum Fee to Implement$10,000 |
Minimum Fee to ImplementN/A |
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Minimum Fee to Implement$25,000 |
Minimum Fee to Implement$100,000 |
Minimum Fee to Implement$75,000 |
Minimum Fee to Implement$25,000 |
Minimum Fee to Implement$10,000 |
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Installs4500+ |
Installs24,000+ |
Installs2000+ |
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Installs7000 |
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Installs1000+ |
ArchitectureSOA, .NET, Native Cloud |
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ArchitectureSOA, Multi-tenant |
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Unique FeaturesAs a suite of cloud-based applications, NetSuite brings together all the systems that businesses need to grow, scale and adapt to change. |
Unique FeaturesRealSTEEL ERP System is designed specifically for steel and metals processing with an intrinsic focus on inventory management. |
Unique FeaturesHeadquarters in The Woodlands, Texas, includes a state-of-the-art R&D facility and Global Shop Solutions training center. Through its offices in the U.S., Mexico, Indonesia, Singapore, Australia, New Zealand, and the United Kingdom, the company supports thousands of manufacturing facilities in over 25 countries and nearly 30 industries. |
Unique FeaturesEOXS is far beyond just an ERP solution. EOXS also allows steel and metal manufacturers to build a customer-forward website without code to showcase products and take payments online. EOXS also offers top-knowledge consultancy services for the entire steel industry. |
Unique FeaturesJobBOSS² manufacturing management software platform is designed to empower small and medium-sized businesses with the tools they need to thrive. JobBOSS2 gives shop owners even more control over how they scale their businesses, grow revenue, and maximize profitability.
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Unique FeaturesUnique consumption-based licensing provides flexibility and facilitates collaboration, enabling all employees and external parties to access information and systems to execute daily activities and long-term strategic goals. Acumatica is the only ERP vendor offering free online training via Acumatica Open University. Acumatica's formal Customer Bill-Of-Rights, a unique commitment in the software industry, ensures fair and ethical treatment of customers and trading partners. |
Unique FeaturesCetec ERP is a single, unified business platform that delivers “tier 1” enterprise-level feature breadth at extraordinarily lower costs than traditional systems, owing to a long history combined with completely modernized cloud/SaaS technology. Their approach is direct, friendly, and transparent: they own the technology (i.e. no “bolt-ons”), and offer the software directly with no markup (i.e. not through incompetent third-party VARs), and offer close, attentive in-house support. |
Unique FeaturesDELMIAworks IQMS also offers a broad choice of deployment options that will allow you to pick the solution that is best for your business: on-premise or hosted Cloud ERP deployment via hosted managed services or SaaS. Providing three deployment options gives you the flexibility to choose the best solution for your company and your budget. |
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Unique FeaturesUnique built-in process modeling tool for quick implementations and user setup |
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Unique FeaturesVAI lowers the total cost of ownership with our unlimited-user license option, which can save customers hundreds of thousands of dollars. It allows organizations to expand locations, add users, deploy multiple sessions, and add RF or Mobile users without paying additional software licensing fees. With VAI, organizations will be assigned an experienced, high-level, domestic support team and direct support from the author, all based within the United States. |
Unique FeaturesSage X3 helps your business thrive and stay competitive by providing users with the information they need to serve their customers better, take back control over the quality, and eliminate inefficiencies across the organization. It streamlines your core processes – from manufacturing to distribution and financial management to business services – while adapting to your industries best practices. |
Unique Features |
Unique FeaturesSYSPRO is a software company that supplies Enterprise Resource Planning (ERP) solutions to manufacturing and distribution companies. SYSPRO’s strength lies in its specialist experience and industry-built approach to technology, which can be deployed as on-premise solutions, cloud SaaS or hybrid, and accessed anywhere, anytime from mobile devices. Key features of the SYSPRO solution include its depth of functionality in Manufacturing Operations Management (MOM), Inventory Optimization & Management, Distribution and Procurement, self-service portals and supply chain extensibility, customization tailoring, and low-code extensibility tools. SYSPRO also supports out-of-the-box integrations, connectors, and business process automation, and customers have the ability to integrate technologies such as AI, ML, and IoT into their ERP system and extend the solution and connect to other systems. By choosing SYSPRO, customers gain access to a team of global industry experts who help them drive maximum value from their business systems and solutions. SYSPRO empowers customers to secure a digital future and enables digital transformation, supporting data & analysis-driven decision-making with integrated solutions to enable visibility and engagement. SYSPRO leads manufacturers and distributors through significant growth. The business also strongly commits to channel partner success and focuses on ensuring a highly successful solution implementation and customer experience. SYSPRO gives customers the confidence to say yes – to the next idea, the next opportunity, the next possibility, and to achieve more. |
Unique FeaturesTotal ETO (Engineer to Order) is the only ERP and MRP designed exclusively for Custom Equipment manufacturers, Machine builders, and System integrators. It’s designed by engineers to address the unique challenges these types of organizations face. Total ETO Integrates with SolidWorks and Inventor to streamline Bills of Material (BOM) information from Design to Purchasing and Manufacturing. |
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LimitationsGlobal Shop Solutions primarily focuses on the needs of discrete manufacturers which may differ from the needs of process manufacturers. |
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LimitationsAcumatica is devoted to the midmarket. It is not a great fit for large enterprises in need of fully global support. |
LimitationsNot ideal for service-based or retail businesses. No “HR” or “Payroll” inside the platform; requires integrating to a third-party payroll system. |
LimitationsDELMIAworks IQMS is not a solution fit for businesses that are not manufacturing environments. |
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LimitationsThe Infor LN solution does not target process manufacturing companies with recipe and blending operations. The solution typically does not target financial or professional services firms such as banks, healthcare, and other service providers. |
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LimitationsCompanies doing business under 10 million or under 10 employees. |
LimitationsNot suitable for companies smaller than 10 million in revenue. |
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LimitationsThis system is not for Repetitive or high volume manufacturers. It’s also not ideal for strictly Machine shops. |
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Metal and Steel Fabrication ERP Selection Guide
In this ERP selection guide we cover
- Snapshot of the Metal and Steel Industry’s Significance
- Advantages of ERP for Metal Companies
- Metal and Steel Manufacturing Challenges and ERP Solutions
- Leading ERP Systems for Metal and Steel Manufacturing
- ERP Features & Requirements for Metal and Steel Manufacturing
- The Relevance of Cloud ERP for Metal and Steel Manufacturers
- Metal and Steel ERP Solutions by Business Size
- Deciphering the Costs of Metal and Steel ERP
- ERP Vendor Evaluation for Metals and Steel
- ERP Implementation: Special Considerations for Metals
- Metal ERP Case Studies
- Future Trends in ERP for the Metal and Steel Industries
Metal and steel companies operate in an increasingly complex global marketplace. Fluctuating demand, rising costs, and new competitors require agile systems that provide complete operational visibility and efficient coordination across departments.
That’s where we see a metal industry-specific ERP helping.
This guide explains how integrated ERP platforms can transform metal and steel businesses.
We’ll discuss the key capabilities to look for in a metal manufacturing ERP and provide guidance on selecting the right system for your needs. With the insights in this guide, you’ll be equipped to leverage ERP as a competitive advantage in today’s demanding markets.
Snapshot of the Metal and Steel Industry’s Significance
Metal and steel are the very backbone of the modern world. From the cars we drive to the skyscrapers that punctuate city skylines, metal and steel are indispensable. As of our last review, over 6 million people globally work for the steel industry, showcasing its immense importance and influence in our daily lives.
Types of Companies in the Metal Industry
The metal fabrication business sector is vast, comprising businesses ranging from small foundries and metal fabricators to colossal steel mills and multinational corporations. Regardless of size, each entity is pivotal in shaping our industrialized world.
Advantages of ERP for Metal Companies
manufacturing businesses today require digital capabilities that boost efficiency, ensure compliance, and enable agility. ERP provides these essential benefits.
By connecting sales, production, inventory, quality, and fulfillment data, ERP software solutions give metal companies real-time visibility and enhanced coordination across the business. This streamlines operations reduces costs through optimized processes, and allows faster adaptation to market shifts based on actionable insights.
ERP also helps metal manufacturers:
- Comply with complex and ever-changing industry regulations through automated tracking and reporting.
- Make well-informed, data-driven decisions due to integrated analytics.
- Identify opportunities to improve quality, throughput, and sustainability through performance metrics.
- Respond quickly to customer needs thanks to end-to-end supply chain visibility.
Metal and Steel Manufacturing Challenges and ERP Solutions
Metal companies must navigate complex challenges at every production stage. This section highlights the key issues ERP helps address across the metal manufacturing value chain.
Key Pain Points in Metal and Steel Manufacturing
- Volatile Raw Material Prices
The ever-changing prices and variability of material origins, like iron ore and nickel, can dramatically influence profit margins — for example, heavy rainfall in Brazil leading to mining operations disruptions and volatile iron or pricing. - Navigating Regulatory Compliance
Adhering to international standards, such as ISO 9001 for quality management, can be intricate. Failing to comply can lead to severe financial repercussions and damage a firm’s reputation. - Managing Complex Supply Chains
When suppliers and consumers are scattered across the globe, ensuring punctual deliveries, upholding quality, and mastering logistics can become an immense challenge. - Addressing Sustainability Concerns
The global push towards environmentally-friendly manufacturing means industries must diminish their carbon footprints and embrace sustainable methodologies.
Enterprise Resource Planning Software as the Answer
- Tracking Prices in Real-Time
With the capability to monitor real-time market trends, ERP software can empower businesses to recalibrate their strategies, safeguarding them from potential setbacks. - Simplifying Regulatory Compliance
Through comprehensive modules, ERP systems can notify firms about impending regulatory alterations, ensuring they remain compliant. - Optimizing the Supply Chain
ERP tools have the prowess to forecast demand, perfect inventory levels, and refine logistics, thereby curtailing lead times and minimizing wastage. - Monitoring Sustainable Manufacturing Practices
Integrated ERP software meticulously tracks variables like energy usage and waste generation, facilitating a transition towards more sustainable production methods.
Leading ERP Systems for Metal and Steel Manufacturing
We have carefully chosen the following ERP systems for metal and steel manufacturing. These systems are proven leaders in this industry and have demonstrated their ability to help companies improve efficiency, reduce costs, and boost profitability.
RealSTEEL
RealSTEEL ERP, built on Microsoft Dynamics 365 Business Central, is designed for steel and metals industries. It automates specialized business processes and provides a unified view of operations. The cloud-based system supports inventory, financial management, sales, and project management, with easy customization and integration across Microsoft platforms.
EOXS
EOXS ERP is a cloud-based solution tailored for steel and metals industries. It integrates with software like Sage, Quickbooks, and Salesforce, aiming to reduce operating costs and improve efficiency. EOXS offers a subscription model, providing a budget-friendly option with digital storefront creation capabilities.
Global Shop Solutions
Global Shop Solutions provides ERP software for manufacturers, covering inventory, CRM, and shop management. Based in Texas and operating since 1976, this family-owned firm offers solutions both in the cloud and on-premise, serving manufacturers in 25+ countries with a reputation for reliability and outstanding service.
ERP Features & Requirements for Metal and Steel Manufacturing
Industry-Specific Software Requirements
- Material Requirement Planning (MRP): MRP systems are crucial for metal and steel companies to plan production cycles and raw material purchases. By forecasting demand and optimizing inventory levels of metals, alloys, scrap, and other inputs, MRP helps balance costs and ensure ample supply for production schedules. This leads to less waste, better resource allocation, and improved cash flow.
- Real-time Production Monitoring: With high-temperature processes like smelting and casting, real-time insights into production metrics like temperature and equipment status are essential. An ERP system that provides live data on furnace health, molten metal quality, and potential safety issues enables quick actions to reduce downtime and quality problems.
- Quality Assurance Tools: Consistent quality is paramount in metal manufacturing, as subpar products can lead to rejected shipments or even safety risks. Embedded QA tools that automatically check tolerances, material composition, and test results at multiple process stages help metal companies deliver consistent, high-quality output.
- Waste Management Modules: Metal production generates substantial scrap and waste materials. To identify waste reduction opportunities, specific waste management tools can track slag, swarf, off-spec products, and other byproducts. This supports cost savings, sustainability initiatives, and compliance with environmental regulations.
Essential Modules Tailored for the Industry
- Supply Chain Management: Efficient supply chain management is critical in the volatile metal market, where material costs fluctuate. Synchronized workflows and strong supplier relationships help metal companies control costs and ensure timely customer deliveries.
- Bill of Materials (BOM) Management: Precise BOMs are imperative to optimize raw material purchases and production schedules. ERP tools tailored for metals that enable detailed BOM tracking by alloy, shape, and volume help maximize yields and minimize material waste.
Metal and Steel ERP Integration with Other Software Systems
Metal and steel ERP systems frequently synchronize with specific software solutions, whether incorporated into the ERP or as separate systems:
- Metal Fabrication Software to manage the specific processes involved in cutting, assembling, and shaping metal components.
- Material Requirement Planning (MRP) for forecasting demand and streamlining the procurement of raw materials.
- Warehouse Management Systems (WMS) for managing inventory and optimizing storage, especially for bulk materials like iron ore or alloy components.
- Customer Relationship Management (CRM) to foster and manage relationships with construction firms, automakers, and other significant clients.
- Supply Chain Management (SCM) to navigate the complex global procurement routes for essential raw materials and to ensure timely deliveries.
- Quality Assurance Tools to maintain the specific properties and grades of the steel being produced.
- Waste Management Modules to strategically recycle or dispose of byproducts like slag.
Large-scale manufacturers might also weave in Manufacturing Execution Systems (MES) for real-time production and shop floor insights, Computer-Aided Design (CAD) Systems for custom steel parts, and Business Intelligence (BI) tools for analytical insights into operations.
Seamless integration of these complementary systems amplifies metal and steel manufacturers’ efficiency, transparency, and decision-making capabilities.
The Relevance of Cloud ERP for Metal and Steel Manufacturers
Metal companies today need flexible technology platforms that provide remote access and quickly scale with demand fluctuations. Cloud-based ERP delivers these pivotal capabilities.
Cloud ERP Benefits for Metal and Steel Companies
- Market Adaptability: Cloud ERP scales resources, users, and features in response to market shifts, aiding cost management during downturns and expansion during demand surges.
- Quick Deployment and Updates: Compared to on-premise ERP, cloud systems deploy and update faster, allowing metal companies to leverage new technological innovations promptly.
- Field Data Access: Remote access enables executives to monitor real-time production metrics and inventory levels at supplier sites or customer locations for better alignment.
- Security and Traceability: Protecting intellectual property like proprietary smelting techniques is crucial. Cloud ERP ensures robust security and traceability, recording all accesses and changes to sensitive data for accountability.
Leading Cloud ERP Systems for Metal and Steel Industries
Through extensive analysis, we’ve identified the top cloud ERP platforms tailored for metal and steel manufacturers. These solutions not only excel at providing the core functionalities expected of any ERP system but also boast features designed specifically to address the unique challenges of the metal and steel industry.
Related: Cloud ERP Selection Guide
Acumatica Cloud ERP
Acumatica Cloud ERP is a versatile system tailored for growing businesses. It integrates accounting, sales, and customer management with industry-specific add-ons and advanced technologies like AI and IoT. With a user-friendly interface and global adaptability, Acumatica stands as a premier, affordable ERP solution.
Epicor Kinetic
Epicor Kinetic, formerly Epicor ERP, is tailored for various manufacturing needs. It offers both cloud and on-premises options and excels in real-time monitoring, quality management, and global financial integration. Its user-friendly design ensures intuitive navigation and robust global support, fostering business growth and efficiency.
RealSTEEL
RealSTEEL ERP, built on Microsoft Dynamics 365 Business Central, is designed for steel and metals industries. It automates specialized business processes and provides a unified view of operations. The cloud-based system supports inventory, financial management, sales, and project management, with easy customization and integration across Microsoft platforms.
Metal and Steel ERP Solutions by Business Size
Understanding the unique needs and constraints of different business sizes can help to pinpoint the best ERP system for your size and budget.
Let’s break down the top ERP systems for the metals industry based on the scale of operations.
Metal ERP Systems for Small Business and Startups
Small metal businesses have unique challenges, particularly startups and niche metal manufacturers. They require systems that are straightforward to implement, cost-effective, and will grow with them.
Revenue Range: Under $500,000 to $10 million
Our Top ERP Recommendations for the Small Metal Fab Sector:
We recommend small metal and steel fabricators evaluate these systems tailored for your segment:
NetSuite ERP
NetSuite ERP is a leading cloud-based solution for managing back-office operations and financial processes. It serves over 24,000 global customers and offers robust financial management, inventory, supply chain, and real-time analytics. This platform prioritizes innovation, growth, and swift decision-making through unified business insights.
Cetec ERP
This affordable ERP offers world-class manufacturing management at an amazing price tag (just $40 per user per month when licensed as a SaaS). Some highlights of the cloud-based Cetec ERP are CRM and sales management, manufacturing quoting, inventory management, mobile warehousing, quality assurance and more.
JobBOSS²
The JobBOSS² business management software by ECI Manufacturing is a fusion of the top features from two renowned industry products: E2 Shop and JobBOSS. Crafted specifically for the unique needs of small to medium-sized manufacturing businesses, it not only streamlines operations but also aids in inventory management, scheduling, customer relationship management, and tracking job costs.
These cost-effective solutions offer powerful features and intuitive design, making them ideal for smaller businesses with limited IT support. They can boost efficiency, clarity, and growth without breaking the bank.
Filter our ERP comparison for small metal businesses.
Critical Modules for Varied Functions in Small Metal Businesses
Small businesses benefit from ERP systems that offer selectable modules to meet immediate needs, helping avoid staff overwhelm and control costs. Key features include:
- Operations: Streamlines sourcing, inventory management, production scheduling, and delivery, enabling small metal businesses to enhance operational efficiency and market competitiveness.
- Finance: Essential for monitoring costs from raw materials to labor, ensuring profitability, especially amidst fluctuating metal prices, and aiding informed purchasing decisions.
- HR: Aids in recruiting, training, and retaining skilled labor crucial for maintaining product quality and operational efficiency.
- Supply Chain: Manages complex supply chains for small businesses, tracking orders, managing supplier relationships, and ensuring timely deliveries.
Other Considerations for Small Businesses in the Metal Fabrication Industry
- Collaboration Tools: Timely inter-departmental communication in metal manufacturing is vital. For small businesses, ERP collaboration tools help maintain coherence, reducing errors and rework.
- Real-time Analytics: Swift decision-making is a competitive edge for smaller metal industry players. Real-time analytics enable immediate trend spotting, promptly addressing demand surges or supply chain disruptions.
- Seamless Integrations: Metal fabricators often use diverse software solutions. An ERP system integrating smoothly with these tools provides a unified platform, eliminating data silos and ensuring operational fluidity.
Metal and Steel ERP Software for Medium-Sized Enterprises (SMEs)
Medium-sized metal and steel manufacturers often outgrow their initial ERP software as their operations evolve. As these companies aim for expansion, they require an ERP that meets current needs and scales for future demands.
The goal is to transition from an outdated system to a flexible, scalable ERP solution that continues to support the business as it grows over time.
Revenue Range: $10 million to $50 million
Our Top ERP Recommendations for Mid-Sized Metal and Steel Companies
We recommend that mid-market metal manufacturers consider the following ERP solutions for their ERP upgrade project:
SYSPRO
SYSPRO ERP is a flexible enterprise solution with 40 years of industry-tailored development. It emphasizes user customization, offers cloud and on-premise deployment, and integrates advanced analytics for real-time decision-making, connecting seamlessly with AI and IoT.
Enterprise IQ
EnterpriseIQ stands out as a holistic ERP and MES solution tailored specifically for the manufacturing industry, addressing the unique needs and challenges faced by manufacturers globally. Notably, its single-source development ensures that the system is less complex and more cost-effective than multi-solution alternatives.
Infor VISUAL
Infor VISUAL ERP is a browser-based suite suitable for diverse industries. It streamlines operations and boosts profitability with features like advanced planning and quality management. Its intuitive interface and modular architecture allow for easy task management and flexible operation.
EOXS
EOXS ERP is a cloud-based solution tailored for steel and metals industries. It integrates with software like Sage, Quickbooks, and Salesforce, aiming to reduce operating costs and improve efficiency. EOXS offers a subscription model, providing a budget-friendly option with digital storefront creation capabilities.
These systems provide the best in ERP to meet the mid-market company’s current needs for business growth and efficiency, including cost-effectiveness, advanced scalability, and customization.
Compare all ERP systems for medium-sized Metal and steel companies.
Key ERP Capabilities for Mid-Market Metal and Steel Manufacturers
- Scalability: Capability to meet the demands of expanding metal markets, facilitating the opening of new manufacturing plants, and introducing innovative metal and steel products.
- Integration: Ensuring that growing teams, whether in foundries, distribution centers, or administrative offices, can collaborate efficiently across various locations. Also, the capacity to seamlessly merge with different software solutions across all departments for a unified, streamlined operation.
- Advanced Analytics: Essential for gleaning deep insights from increasing data, especially when analyzing alloy compositions, understanding fluctuating metal market prices, and overseeing intricate global supply chains.
- Customization: Features tailored to fit EDM, heat treatments, laser cutting, or specific joining techniques provide the foresight to accommodate production changes as the business evolves and diversifies its offerings.
- Global Capabilities: Equipped to handle the intricacies of international metal trade, including understanding global steel tariffs, adhering to regional metal standards, and navigating diverse regulatory environments for composition, strength, or finish.
- Automation: Efficient tools designed to refine processes such as procuring ores and metals to the intricate stages of EDM, heat treatments, and joining technologies.
Global Giants: Advanced ERP Systems for Multinational Metal and Steel Enterprises
Prominent metal and steel manufacturers with extensive global footprints require sophisticated ERP systems loaded with advanced features and equipped to navigate the challenges of transnational operations.
Revenue Range: $50 million to over $1 billion.
Our Top ERP Recommendations for Large Metal Corporations
We recommend that large metal and steel manufacturing corporations and multinational enterprises evaluate these top-tier ERP software systems:
Infor CloudSuite Industrial (Syteline)
Infor SyteLine ERP is a flexible solution for mid-sized and large manufacturers, enhancing efficiency in various manufacturing types. It offers cloud and on-premises options, prioritizes user-friendliness, and promotes smart manufacturing. It's designed for adaptability, operational improvement, and modern business agility.
IFS Cloud
IFS Cloud (previously IFS 10.0) is a versatile enterprise software combining ERP, EAM, and ESM functionalities. Started in 1983, its latest version boasts an intuitive user interface built on a component-based, Service Oriented Architecture (SOA), emphasizing adaptability across core processes like Manufacturing and Supply Chain.
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP is a modern, cloud-based suite offering AI and real-time analytics for manufacturers. It provides automatic updates to streamline processes and improve decision-making. The suite includes modules for financial management, project management, and supply chain management, aiming for faster deployments and lower ownership costs.
SAP S/4HANA
SAP S/4HANA Cloud is an ERP system for manufacturers with AI, machine learning, and analytics. It provides real-time insights into manufacturing processes, facilitates quick adjustments to demand changes, and enables better decision-making. The system supports seamless integration with other SAP solutions and is extendible for enterprise-wide processes.
These systems meet the complex challenges of global operations, providing exceptional scalability, extensive integration capabilities, rich analytical data, and significant fiscal efficiencies.
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Key ERP Features of an Enterprise Metal and Steel Corporation
- Comprehensive Supply Chain Management: For metal manufacturers with global reach, operations entail intricate challenges, such as ensuring consistent raw material quality from diverse sources, navigating fluctuating metal commodity prices, and efficiently distributing heavy and sometimes custom-made products across continents. ERP software should possess adept supply chain solutions tailored to these intricacies, facilitating the seamless flow of materials from foundries to ingots to global customers.
- Multinational Currency and Language Proficiencies: Metals giants operating in multiple geographies need ERP capabilities that allow for real-time currency conversions, especially given the volatile nature of metal prices. Simultaneously, these systems should support multiple languages, accommodating on-ground teams in various countries and fostering unified communications across the enterprise.
- Enhanced Security Protocols and Industry-Specific Compliance: Beyond the general cyber threats large entities face, metal and steel manufacturers often deal with proprietary metallurgical processes, custom client orders, and unique alloy formulations. Protecting this intellectual property is crucial. Furthermore, ERP systems should be well-versed in global metal industry standards, trade tariffs, and environmental regulations to ensure that operations remain compliant in every region.
- Adaptable Deployment Models: Recognizing that the needs of a smelting operation in one country might differ from those of a distribution center in another, the ideal ERP solution would offer a hybrid of cloud and on-premise models. This ensures global synchronized real-time data and localized operational flexibility, catering to specific regional demands while upholding centralized oversight.
Deciphering the Costs of Metal and Steel ERP
Investing in an ERP system constitutes a pivotal financial commitment for metal and steel manufacturers. Beyond the initial acquisition or subscription expense, companies must factor in the subsequent implementation costs, upkeep, and potential system enhancements.
Here’s a deeper look into the elements shaping these costs:
- Software Licensing or Subscriptions: Traditional on-premise licenses may carry substantial upfront costs, but they can offer long-term cost predictability, appealing to well-established metal manufacturers. With their subscription-based pricing, cloud-based systems offer a flexible solution, particularly fitting for the evolving demands of the metal and steel industry. Get a better understanding of how you pay for ERP here.
- Implementation: Implementation costs include covers consultancy fees, the intricate process of data migration from older systems, and training sessions geared towards industry-specific concerns, like metallurgical standards or safety protocols in foundries.
- Ongoing Maintenance & Support: Regular software patches, technical assistance, and problem resolution to ensure the ERP system remains up-to-date with industry advancements.
- Additional Modules or Customizations: As the business diversifies – perhaps into new alloys or fabrication techniques – there may be a need to expand the ERP’s capabilities. Custom modules or alterations to the existing system will generate added expenses, varying based on their intricacy, and we recommend avoiding them.
- Indirect Costs: Recurrent training, possible interruptions during system upgrades, and temporary reductions in output as teams adjust to new or updated ERP functionalities.
- Hidden Costs: These can arise from insufficient training, unforeseen software restrictions, or unexpected charges from the software provider.
We see companies implement ERP to improve operational efficiencies, procurement, supply chain, and production planning. It usually yields substantial advantages that offset the required investment. We have covered the topic in depth here if you’d like to learn more about ERP pricing.
ERP Vendor Evaluation for Metals and Steel
Selecting a suitable ERP vendor is crucial in the metal and steel industry. Here are the critical criteria for the evaluation process:
- Industry Reputation: Choose a vendor with a proven track record in the metals and steel sector. Look for case studies, testimonials, and references from industry peers.
- Vendor Stability: Ensure the vendor has financial stability, a commitment to the industry, plans for future development, and a history of support for past product iterations.
- Industry-Specific Features: Look for features like advanced material requirement planning, metal grade tracking, waste management, and integration with specialized manufacturing equipment.
- Integration Capabilities: Ensure the vendor can integrate their ERP with other software used in your operations, like CAD tools, inventory, and quality control systems.
- Regulatory Compliance & Security: The vendor should be updated on industry regulations and offer advanced security features to protect industry-specific data and intellectual properties.
Evaluating vendors with general best practices and industry-specific considerations helps manufacturers find partners aligning with operational and long-term strategic goals.
ERP Implementation: Special Considerations for Metals
Let’s focus on the unique considerations associated with the actual implementation of ERP software in the metal industry:
- Data Migration: Migrating complex material data (grades, sizes, compositions) accurately to the new ERP is crucial to avoid inventory or order issues.
- Legacy System Integration: Ensure seamless integration with essential legacy equipment and software to maintain production workflows.
- Custom Workflow Design: Tailor ERP workflows to the make-to-order and customization nature of metal manufacturing operations.
- Training: Customize training sessions to cover industry-specific terminologies and operational nuances.
- Pilot Testing: Conduct testing in a segment before full-scale rollout to identify challenges and refine processes.
- Change Management: Adopt a structured change management approach considering the established methods in metal manufacturing.
- Downtime Management: Plan to minimize production downtimes during implementation.
- Safety and Compliance Data: Ensure correct integration of safety protocols, compliance records, and certification data into the ERP.
Due to its unique characteristics, the metal industry requires a specialized approach for successful ERP implementation.
Metal ERP Case Studies
Explore ERP case studies from metal and steel manufacturers to see how their software choices drive success and increase efficiency.
- Metalia MS: Metalia MS in Monterrey, Mexico, replaced its outdated self-designed ERP system with Global Shop Solutions, enhancing inventory control and improving communication within the company since its implementation in April 2016.
- Flexpipe Systems, Inc.: Flexpipe Systems, based in Calgary, switched from Epicor Vantage ERP to IFS Applications 10 to improve flexibility and support growth. The new system optimized inventory management, expedited shipping, and streamlined data entry through barcode integration, enhancing operational efficiency and reducing manual processes.
- American Metal Fab: American Metal Fab, a custom metal fabrication manufacturer, switched to WorkWise ERP from a previous system due to poor customer service. The transition to WorkWise ERP significantly improved their customer service experience and provided them with essential data, removing the clutter of useless information, which positively impacted their operations.
- Bracalente: Bracalente Manufacturing Group (BMG), a U.S.-based precision parts manufacturer, expanded to China in 2009. They upgraded to a newer Epicor ERP system after facing operational challenges due to growth. This system streamlined global operations, improved data analysis and reporting, and enhanced communication between global entities, aiding BMG in managing their expansive operations effectively.
- Racine Metal Fab: Racine Metal Fab (RMF) in Menomonee Falls, Wisconsin, implemented the WorkWise ERP system to streamline operations. The result was enhanced efficiency, significant cost savings, and bolstered customer satisfaction.
Future Trends in ERP for the Metal and Steel Industries
At Top10ERP, we see the advancement in ERP software as a catalyst for the ongoing transformation in the metal and steel industries. These sectors adapt quickly to global demand and manufacturing complexities, making ERP solutions indispensable. Here are the salient trends we are observing in 2023:
- Emerging Technologies Integration: Integration of Artificial Intelligence (AI) for predictive maintenance, inventory optimization, and enhanced production scheduling; and the Internet of Things (IoT) for real-time tracking of raw materials and products, improving efficiency and traceability.
- Industry Innovations Reflection: ERP adaptations to manage unique production processes and track new metal blends stemming from additive manufacturing and advanced alloy development.
- Sustainability and Circular Economy Adaptations: Incorporation of ERP tools for life cycle tracking, recycling processes management, and efficient resource utilization, aligning with sustainability and circular economy concepts.
- Robotics Technology Utilization: Management of robotic automation within ERP for precision welding and material handling tasks, including task allocations, performance analytics, and preventive maintenance scheduling.
- Digital Twins Exploration: Interaction with virtual replicas or digital twins within ERP software to simulate production processes, forecast material needs, and predict potential breakdowns in the manufacturing line.
What is the primary benefit of implementing an ERP system in the metal and steel industry?
The primary benefit is the centralization and optimization of business processes. An ERP system offers an integrated view of core business processes, from raw material procurement to production and distribution. This helps in real-time decision-making, improved traceability, reduced waste, and enhanced productivity specific to the complexities of the metal and steel industry.
How do ERP solutions assist in managing slag and other byproducts in the metal industry?
ERP systems are increasingly incorporating modules tailored to sustainability and waste management. They meticulously track the entire production process, from raw material sourcing to the generation and handling byproducts like slag. By offering insights into resource usage, slag recycling, and efficient disposal methods, these systems empower businesses to minimize environmental impact, make the most of their waste materials, and align with eco-conscious practices.
How can ERP solutions enhance production speeds in the metal industry?
ERP systems boost production speeds in the metal industry by integrating processes from raw material sourcing to final manufacturing, aiding real-time machine performance monitoring and reducing unexpected downtimes. Their capacity planning and advanced scheduling modules efficiently allocate resources, minimizing bottlenecks. By offering insights into demand forecasts and inventory levels, they help align production schedules with market needs, ensuring judicious resource use and reduced lag between production stages.
Can a new ERP system address the skilled labor shortage for metal fabricators?
In metal manufacturing, skilled labor is now hard to find. While an ERP system can’t replace human resources, it can optimize and automate processes to lessen the impact of staffing shortages. Modern ERP software offers routine task automation, workflow streamlining, and real-time analytics to enhance decision-making. This allows existing staff to work more efficiently and reduces the time spent on manual tasks. Additionally, cloud-based ERPs facilitate remote work, potentially broadening the talent pool.
How does ERP software handle the complex inventory requirements of the metal and steel industry?
ERP software for this industry is tailored to handle varied metal grades, shapes, sizes, and other attributes. They provide detailed inventory visibility, allowing businesses to optimize stock levels, reduce carrying costs, and ensure suitable materials are available during production.