Following some recent analysis, we’ve uncovered how Access FactoryMaster MRP is being used by small and medium-sized manufacturers across the UK to achieve some excellent outcomes, with one reporting combined savings and income opportunities of almost £1m per year.
Everyone knows that an MRP can boost productivity and yield, but there are other, often forgotten, benefits to implementing an MRP system. So, what are 4 additional benefits you can expect when you begin using an MRP?
- Topic:
- Supply Chain
It sounds obvious, doesn’t it? So why are so many manufacturing companies struggling to access the information they need to make fast decisions and run their businesses at optimum efficiency?
Information is power - but only if you can get to what you need quickly and have complete confidence that it’s correct. And that’s the problem for so many manufacturing companies. Despite having invested in software and systems to collate and manage data, it can still be far too difficult to gain access to what is needed quickly and confidently. Separate and unconnected systems are the root cause of data problems with duplication, inconsistent update protocols and lack of formalised data cleansing. It’s easy to see why the mountain of information just gets bigger – and the ability to use the data effectively becomes ever more difficult
- Topic:
- Supply Chain
Continuously improving is key
It’s a stark fact that businesses don’t survive if they don’t improve. Competing for customers is hard work, and every business, especially in the hard-pressed manufacturing sector, must find better ways to win than simply shaving more and more off their margins. One of the most effective ways to enhance business performance is to use technology to reduce the reliance on people. Technology tools and relevant data provide access to the right information whenever it’s needed, empowering the whole team, not just the privileged few.
- Topic:
- Supply Chain
The importance of ROI is well known. Certainly it forms a significant part of the investment appraisal when reviewing new software. But do you ever consider the ongoing improvements that aren’t quantifiable? Have you ever pondered where else you might make more money?
It’s likely your business has tried to tackle this issue in the past, but have you known how to extract this data and more importantly, where to look for it? We often hear manufacturers say, “We know we make money, but we don't know exactly where!”.
- Topic:
- Supply Chain
