Custom manufacturing processes are an ongoing challenge. Due to the wide variety of products produced and the varying demand for different assets, forecasting production runs based on previous years becomes more difficult. Because of this, organizations must be more precise and bring in data from a wider range of sources to determine the needs of a particular period.
Extracting information from a wide range of items and identifying common materials used in custom manufacturing processes allows organizations to determine the baseline inventory assets they need on hand and determine the ideal amount of those assets over different periods.
ERP enables a more robust supply chain and real-time inventory management
With all the changes occurring across the business, custom manufacturing software is essential to keeping operations running smoothly. ERP systems make it easier to gather real-time information and communicate with stakeholders in various departments. This enables a more robust supply chain and real-time inventory management. Next, reporting tools built into ERP Settings can take data from a variety of projects and customer and vendor interactions to create reports that give managers and leaders an idea of what's happening at any given time.
All of this data enables organizations to support custom manufacturing without being overwhelmed by the additional overhead of providing adequate supplies, handling accelerated order cycles, and accurately forecasting demand.