Many manufacturing companies are tired of the limitations and headaches caused by manual data entry, scattered information, and outdated or overutilized systems like Excel.
Breaking free from these inefficiencies caused by fragmented or legacy systems can be difficult. With the help of Acumatica, the cloud ERP, our team at CS3 Technology is streamlining our customers’ manufacturing planning processes to achieve greater efficiency and productivity.
In this blog post, we will discuss six key points for companies looking to leverage fully integrated functionality to plan for production efficiently and cost-effectively.
Accurate inventory management is critical for any business that manufactures and sells products. Poor inventory management can lead to stockouts, overstocking, and increased costs. Acumatica's inventory management capabilities are essential for effective manufacturing planning.
With Acumatica, you can track raw materials and finished good inventory levels, receive alerts when inventory levels fall below certain thresholds, and automatically generate purchase orders when inventory needs replenishment. We also maintain excellent visibility into all allocations for inventory. With tools like this inventory summary screen, we can see warehouses, bin locations, and the details of what it has been allocated for. By maintaining optimal inventory levels, you can avoid disruptions to your production process and keep your customers happy!
Inefficient production scheduling causes longer lead times, reduced productivity, and increased labor costs, which can result in missed deadlines and lost sales. Acumatica's advanced planning and scheduling capabilities enable you to optimize your production schedule and maximize the utilization of your resources.
These features enable you to improve efficiency, reduce lead times, and increase on-time delivery. The true finite-capacity scheduling power of Acumatica ensures that you can boost your efficiency even with today’s challenging labor market.
With Acumatica's BOM capabilities, you can create and manage your BOMs, track the availability of materials and components, and monitor the costs (both material and labor) associated with each BOM. This enables you to ensure that you have the necessary materials on hand to meet production demands and to make informed decisions about the cost and profitability of your products. With Acumatica, you have these features and more.
MRP is a critical component of manufacturing planning that enables companies to plan their material purchasing and production requirements by considering all sources of demand, along with lead times. With Acumatica's MRP capabilities, you can create detailed production plans, identify the materials needed to fulfill those plans, and generate purchase orders and production orders. This enables you to optimize your inventory levels and reduce the risk of stockouts or delayed production.
Acumatica's real-time data analysis capabilities enable you to monitor your manufacturing processes and make informed decisions based on up-to-date information. Track production progress, monitor quality control metrics, and analyze production costs with drillable dashboard reporting. Live data lets you spend your time analyzing data and identifying opportunities to improve your manufacturing processes, rather than spending manual effort to compile data from multiple disconnected systems and spreadsheets!
Acumatica is a true end-to-end solution, providing you with all other necessary business functions such as CRM, sales order management, and accounting (AP, AR, GL, banking). Thus, you can streamline your business processes and achieve greater efficiency in all areas of your operations.
For example, you can automatically generate invoices for completed production orders, track sales order progress, and manage your potential sales pipeline within the same system used for purchasing and production. Acumatica's unlimited user capability enables seamless collaboration within your entire organization, ensuring that everyone can access and update the system in real time with live data, fostering efficient communication and synchronization across all departments.
To see how Acumatica can be used to manage all aspects of your business, click here. to view our recent webinar.
CS3 Technology offers systems that provide the crucial requirements for manufacturers seeking to grow and become more efficient in today’s complicated marketplace. If you are interested in transforming your operations with Acumatica ERP and leveraging our decades of ERP and HCM software experience, please contact us.