It can be easy to agree that ERPs, as with most software, have come a long way, since Y2K. Note the various comments from industry editors and software providers mentioned below:
ERP stands for “Enterprise Resource Planning” and according to Wikipedia is software that integrates internal and external management information across an entire organization, embracing finance, accounting, manufacturing, sales, service, customer relationship management, and more. Continue reading
Proxy Manufacturing, Inc., originally founded as SDF Electronics, an Electronic Contract Manufacturer servicing a vast array of markets and assemblies from military, medical, automotive, RF, commercial, flexible circuits and fully integrated services, recently increased their sales by over 30% by utilizing ProfitKey International’s Rapid Response Manufacturing (RRM) enterprise resource planning (ERP) solution. Continue reading
The days of doing a yearly physical inventory are a thing of the past. Shutting your company down for two days and having all hands on deck at year end during busy holiday season is obsolete. Well, not really…but the time is certainly getting closer. Cycle counting, an inventory auditing procedure done on a specific day (or days), is becoming a more acceptable solution to the year-end physical inventory process. The general idea here is: tackling multiple small projects is more efficient, safer, and now more acceptable than attempting one huge project. Continue reading
ProfitKey International, a leader in ERP software for discrete manufacturing companies for over 30 years, has entered into an agreement with PowwowHR to integrate their Human Resource Management System (HRMS) with ProfitKey’s Rapid Response Manufacturing ERP system. Continue reading
Financial reporting is critical to any business, manufacturing being no exception. Maintaining good, clean financial statements will keep you organized and on top of how your business is performing from month to month, and year to year; however, like with any function in your organization, the information you get out of your system is only as good as what is put into it. Some systems allow you to review all information before it is updated and posted to your general ledger. Other systems are fully automated and others are a combination of both, allowing you to choose what fits you best. Regardless of how your system works, there are key elements to ensure the numbers are clean and accurate every month. Continue reading
Phew! You’ve worked yourself like crazy in order to come up with 5-10 ERP companies that might be able to suit your shop floor’s wants, needs, and pains. Let’s assume you compiled this list from numerous sources: RFI’s, word of mouth, historical research, specific industry reporting, analyst evaluations, community/peer driven sites, etc. etc. You’re still sitting with a pencil in your ear and about 5 strong portfolios in front of you that all look the same from an eagle eye view. Now comes the toughest part; you ask yourself, which one of these will take me to the promise land and not turn into a pumpkin by the end of the day. Continue reading
