Sage X3 Helps Chemical Manufacturers Stay Competitive
Excellent Business Support for Chemical Manufacturers
With over 3,205 chemical manufacturers in Canada exporting an average of $38 billion in products, chemical manufacturing is a vital component of the Canadian economy. Prince Edward Island, Newfoundland, and Labrador are some of the fastest-growing areas of chemical manufacturing. And even though most of the manufacturers or 91% have under 99 employees, some companies have scattered workforces worldwide with offices in multiple countries and continents.
Such a bustling industry needs tools that can keep up with its growth. That tool is Sage X3. Some call Sage X3 a business management tool but others know it as enterprise resource planning software or ERP for short. Sage X3 offers built-in process manufacturing software to help you maintain quality and improve profitability.
Sage X3 enables you to manage every aspect of your company’s business processes worldwide from one central point. It is cloud-based software, which means that you can access it from any internet connection worldwide. An office in London, another office in Paris, and your headquarters in Toronto can all view the same information on the system thanks to real-time data synchronization.
Profitable Businesses Use Data to Make Decisions
The chemical industry is about 73.5% profitable, according to government figures published online. That means there is room for improvement. The usual truism is that to improve profitability you must decrease costs, increase sales, or both. Sage X3 can help with all of this and more.
Sage X3 enables you to manage data across the supply chain. Keep up to date with distribution data, monitor costs, and use this information to negotiate better rates with suppliers. Real-time information on the manufacturing process helps you maintain high quality which in turn satisfies customers. All of this translates into cost savings, increased sales, and higher profit margins.
Product and Process Consistency
Perhaps one of the most important attributes of the chemical manufacturing industry is the necessity to adhere to standard processes and product consistency. Product consistency and quality are essential to producing high-quality ingredients for a variety of applications.
Sage X3 can help you maintain both consistency and quality throughout your product line. Manage procurement, production, and shipping fluctuations using the data from Sage X3. Keep up to date with compliance requirements and other changes, too.
Financial Management Across Multiple Locations
Lastly, Sage X3 can help chemical manufacturers manage accounting and finance across multiple time zones and currencies. It can keep your books balanced across all lines of business and connects sales with accounting, finance, warehouse, procurement and more.
Chemical manufacturing in Canada is thriving thanks to smart business management, hard work, and an understanding of what drives the competitive marketplace. You can maintain your competitive edge with Sage EM (formerly known as Sage X3). For more information about Sage X3, contact IWI Consulting Group today.
IWI Consulting
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 Canada. For more information, please visit IWI Consulting Group or contact us today.