In a rapidly changing environment, how can you grow your manufacturing business, control costs and increase profitability?
In the past, Enterprise Resource Planning (ERP) software was very effective. Today, Sage X3 software helps you control business operations, ensure consistent quality and take advantage of new sales opportunities.
Radically simplify your operations to get the most out of valuable resources.
Manage your entire process manufacturing operation faster and more effectively.
Tim Louie, manager
Tsue Chong Company
Recent legislation in many parts of the world has given government agencies greater power to intervene in manufacturers’ operations and more easily demand product recalls and withdrawals.
Moreover, consumers are becoming ever more demanding of manufacturers, ready to react as soon as their expectations are not satisfied and able to raise their concerns instantly, and very publicly, through modern communication technology. As a result of these factors, product recalls around the world are becoming more and more frequent, and manufacturers are facing major disruption, damage to reputation and overall financial liability.
Gaining detailed insight into your business can be challenging in the best of times, and manufacturers who lack complete, accurate and up-to-the-minute data face significant challenges to making timely decisions. Which product is the most profitable? Which supplier experiences the longest delays? How much cash is tied up in inventory surplus, and how much could you invest in growing your business? Without the answers to these questions, many businesses end up making poor strategic decisions and costly mistakes.
Managing supply chains is a constant challenge for manufacturers. In addition to staying on top of key factors, i.e. costs, demand forecasting, production downtime and inventory surplus, supply chain partnerships are continually changing. What happens if your supplier’s shipment has been delayed? What if supply costs increase without warning or quality changes? Without a fast, accurate method to track progress or communicate, you may be unable to avoid production downtime or plan an alternate manufacturing schedule without hurting your business.
When you’re part of a small business, it’s easy to feel like every day is a sprint to the finish line. A breakneck race to complete all the tasks you have planned for the day—plus a hundred other small fires to extinguish. But, if your business is going to flourish in the long term, then […]
How do you make business decisions at your company? If gut instinct is your guiding light, then it’s pretty likely that your business won’t be living up to its potential. And if you’re using data, are you using it in the right way? Or is more time being spent on data entry than analysing the […]
What’s one of your biggest challenges as a business owner? If “being paid” is one of your answers, you’re not alone. When it comes to dealing with getting paid on time and late payments, it helps to know your customers. But how well do you know them? The Art of Being Paid is a useful […]
10 tips to transform your productivity is a guide that will help you reduce the time taken on accounting admin.
Running your own business is rewarding. But let’s be honest, it’s also a challenge. Staying on top of industry trends, being at your clients’ beck and call, finding new clients, juggling meetings, keeping track of cash flow, and filing your tax returns. They’re all competing for your time and attention. In this guide you will […]
