Discrete manufacturers have undertaken huge transformation as of late, and for many reasons including the pandemic, the cascading uncertainty, outlandish customer expectations and the pressure of green agenda. It's never east to change and many businesses find it difficult or impossible to evolve. Find out why discrete manufacturers that rely on Sage 100 manufacturing technology (known as Sage Operations Management) have been able to act quicker to enact more sustainable, digital business methods.
Manufacturing change is increasingly driven forward by the green agenda as well as ongoing legislative change. The "circular economy" by definition is a system aimed at eliminating waste and inspiring the continual use of resources. Servitization is a green trend that shifts the focus of a company's offering from products to services. Attaching services to the products you sell adds complexity and new demands out of your systems. It's clear to see how the green movement is impacting traditional and discrete manufacturing.
It's no longer a choice for manufacturers to evolve on multiple fronts, including adopting the latest technology to help make their organization compliant with sustainability regulations, but also other local or industry-specific regulations. The more successful companies have migrated operations to the cloud to gain new efficiencies and flexibility that led to cost savings. The technology helps them fulfill the promise of the circular economy and allows manufacturers to operate successfully and leave behind the restrictive business models that previously hindered their flexibility, scalability, and future growth.
According to research by IDG-Sage, recent legislative changes are predominantly viewed as positive by manufacturers and lead to higher quality standards, competitiveness, profitability, as well as risk management. Despite the fact that the initial investment, technology migration, and the potential for process and cultural inertia they will most likely encounter there is ROI. The cost, efficiency and growth-enabling benefits of cloud manufacturing technology will be worth it.
A comprehensive solution for automating your manufacturing will be the easiest path to establishing your manufacturing KPIs. If your team is drowning in spreadsheets, Sage 100cloud Manufacturing is the automated solution to help with those complex aspects of discrete manufacturing accounting.
There is a virtual bounty of financial insights within your accounting and finance. Often, the data needed for the important financial KPIs already exists somewhere. If you can easily wade through the piles of spreadsheets and standard reports, you can find the insights that are usually difficult or impossible to detect.
Sage 100cloud Manufacturing works seamlessly with Sage 100cloud (formerly MAS 90, MAS 200 and Sage 100c) systems. Small to mid-sized discrete manufacturing companies can have an integrated ERP solution that provides the critical operational and financial information from a single source. Successful discrete manufacturing companies like yours rely on the real-time view the Sage 100cloud Manufacturing solution provides, including:
You no longer have to choose between an on-premise hosted solution or easy cloud connectivity. Sage 100cloud Manufacturing gives you the benefits of both. You can upgrade on your own schedule as well as take advantage of new software innovation. It’s easy to simplify your financials with increased collaboration with Sage 100cloud’s mobile accessibility.
To see how these solutions can increase your discrete manufacturing company’s profitability and streamline your processes by measuring the crucial financial and nonfinancial KPIs, contact the experts that know Sage 100cloud and the manufacturing industry. Contact Vrakas-Blum today.