Evolving compliance concerns in the food and beverage industry demand powerful and flexible ERP solutions capable of both meeting current challenges and managing new regulatory frameworks.
Sage X3 cloud-based manufacturing ERP software can help deliver exceptional results across your organization. Here’s what sets it apart from the competition.
Supply chain and distribution is changing as consumer expectations, inventory management and reporting expectations evolve. Cloud-based wholesale distribution software offers total package potential to overcome key challenges.
While there are often key indicators that it’s time to upgrade your process manufacturing ERP solution, how do you choose a best-fit replacement? In this guide, we’ll cover five best practices for selecting new software
In today’s rapidly globalizing world, manufacturers face a multitude of challenges, ranging from lowered trade barriers and cheaper imports to evolving business and consumer preferences. Consequently, to navigate these complexities, leveraging advanced solutions like ERP Sage X3 has become crucial for manufacturers who are seeking to maintain competitiveness and efficiency.
All businesses face changes on a daily basis. From fickle consumer tastes to changing ways of accessing information, the world changes at an ever-faster clip.
Manufacturers are not immune to the increasing pace of change. Manufacturing today is a far cry from the way it was 30 years ago – or even a few years ago. You don’t have to look far back into the past to see how global, regional, and local changes have impacted the manufacturing industry.
As a result, it is increasingly important for manufacturers to accept, rather than resist, change. Change is happening at every level of the organization. To embrace change is to realize the potential inherent in many of the positive changes taking place in the world of manufacturing.
Manufacturers face four common challenges to the status quo:
As with all things in life, there is a positive and a negative to each challenge. Automation improves the speed with which goods can be produced and drives costs down. However, it does, unfortunately, eliminate some lower-level jobs from the labor pool. On the other hand, innovation means a constant drive to improve and keep pace with changes. Furthermore, it also means that more powerful technology is now available to manufacturers, which can help them address issues of flexibility, globalization, and more.. It’s a constant cycle of change, of ups and downs, good and bad, that keeps the world of manufacturing interesting and challenging.
Information is powerful, and real-time information can help you improve your business. By doing so, tapping into the business information cycle not only helps you understand both the details but also and the big picture in every aspect of your company..
The business information cycle begins with data on the raw materials headed into your company. Next, it extracts data from production, manufacturing, purchasing, sales, human resources, accounting, and warehouse management. As a result, this comprehensive data helps you accurately forecast sales, profitability, and delivery times for your customers.
With better insight into your company’s business information cycle, you can make confident, assured decisions that help your company address the many challenges it faces. Moreover, better insight leads to innovation, and innovation requires flexibility. Furthermore, automation enhances productivity and profits, and this, in turn, addresses globalization challenges. Ultimately, it’s a cycle that keeps boosting your company higher and higher.
However, it not only requires the right information systems but also the appropriate software in place to effectively achieve this.
How can a software like ERP Sage X3 help you address these challenges? Sage X3 is enterprise resource planning, or ERP, software. It addresses the data needs of your company including finance, supply chain, and production tracking, reporting, and analysis.
86% of new technologies can make life easier, and 81% of new technologies improve working conditions. For instance, new software such as ERP Sage X3 provides you with a comprehensive, complete resource to respond to the changes and pressures your company faces.
Although software itself cannot directly fend off pricing pressures brought about by globalization, nevertheless, Sage X3 can provide you with real-time data on your supply chain and production department. With this information, you are better equipped to make smarter, better decisions. These informed decisions can impact and improve efficiencies, performance, and costs, ultimately making your company more competitive on a local, regional, and global scale.
IWI Consulting Group helps businesses gain insights into their operations, inventory, and profitability. We provide software and support for a wide range of industries throughout the Toronto area. For more information, please visit IWI Consulting Group or contact us today.
You spend a lot of time and money in research and development to perfect the products that your customers need. Once you get your new product ‘just right’, you want to get them to your customers quickly. Whether you are in biochemical, petroleum, or process chemicals for other applications, you need to make sure your product is properly mixed each and every time. Control the quality of your products as well as meet compliance and traceability standards with the right enterprise resource planning (ERP) solution.
Developing new products and fine-tuning existing ones isn’t as simple as making a few changes to your formula or recipe and running it through production. It takes a lot of planning, labor, and some level of trial and error to get a product ‘just right’. By the time you are ready for full-scale production, you have a fixed formula or recipe, process requirements, and an expectation for specific product characteristics or specifications. Miscommunication or inaccurate processes during production could result in wasted raw materials and bad batches – an expensive mistake.
Sage® EM (formerly known as Sage X3) offers features that process manufacturers could use to get product ideas from research and design to full-scale production with greater efficiency. In both the planning phase and full-scale production, you can use the Product Life Cycle Management features to monitor the cradle-to-grave details for your product. Strategize your suppliers, inventory costs, and production costs so that you can develop the products your customers want, at a profit that keeps you in business. When you are ready for production, you can use radio frequency tracking with barcodes and scanners to monitor raw materials from the time they are received at the warehouse until they are used in production. Maintaining accurate, reliable inventory levels will help you keep a close eye on the impact to your financials. You can optimize your supply chain and inventory levels as well as keep an eye on profit margins. During production, your team can follow specific recipes and process instructions to meet quality and regulatory standards so that the final products meet requirements.
Get your products from the research phase to production with greater control and accuracy by using better technology. Contact IWI Consulting Group for more information about using a solution like Sage EM (formerly known as Sage X3) to streamline process manufacturing activities.
