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    MIE Solutions Blog

Quick Tip: How ERP Helps Manufacturing Business Owners

Posted by MIE Solutions on Jul 26, 2016 9:00:17 AM

How ERP Helps Manufacturing Business Owners

 

 

Your staff is talking to you about ERP, it could be about:

 

As an owner, you understand the investment of an ERP system as soon as you receive a proposal. But, how do you quantify the value it will bring to your company?

 

You can quantify the value an ERP system by evaluating how it increases profits, productivity, and cash flow.

 

Decision-makers need visibility to analyze the big picture. One way an ERP system can provide that is through Dashboards, which provide real-time reporting for every department.

 

Rather than waiting until the next management meeting to see how your company is doing, Dashboards can help you see what’s going on in your shop at any time.

 

 

Solutions 

Let's take a look at a few of the most useful dashboards for decision-makers in MIE Trak Pro.

 

Quoting Dashboards for Profits 

How many quotes/jobs are you winning?

Quoting dashboard.png

Quoting dashboards can tell you how high your capture rates are. 

 

 

Productivity Dashboards

Are your employees working efficiently?

Production Dashboard.jpg

Productivity dashboards can help you see how much machine time is being used and the labor time spent by your employees.

 

 

Financial Dashboard for Cash Flow Analysis

Are you sitting on inventory that’s draining your cash flow?

Costing Dashboard.png

Financial dashboards are useful when evaluating cash flow. They can give you information that shows you where you are losing the most money and making the most profit.

 

Automatic data collection and analysis, via dashboards, provide real-time reporting for every department and help identify trends in your company.

 

For decision-makers, the bottom-line benefit of ERP software is that it will:

  • Help owners make informed choices
  • Maximize profits
  • Increase productivity
  • Create strong cash flow

 

Quick Tips: Lean Purchasing

 

Click here to view our other Quick Tips on Quoting, Purchasing, Scheduling, and more!

 

 

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Topics: dashboards, enterprise resource planning, erp, mie trak pro, productivity, profit, profits, Quick Tips

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