Gain an Edge in Project Manufacturing. Source an ERP that leverages people, processes and technology to help keep the chaos at bay and the focus on delighting your customers.
Shave costs from every task and fuel growth with every project. Learn how in our Project Manufacturing 'Orange Paper'
Gain an Edge in Project Manufacturing. Source an ERP that leverages people, processes and technology to help keep the chaos at bay and the focus on delighting your customers.
Shave costs from every task and fuel growth with every project. Learn how in our Project Manufacturing 'Orange Paper'
Experience is key, but data is paramount
There are many similarities between project manufacturing and more traditional goods-producing sectors than you might think — you buy things, make things, sell things and employ workers. Even though it isn’t mass-producing parts, there are plenty of ways your company can apply cost-saving techniques used in the traditional fabrication and manufacturing sectors.
Excellent supply integration is a competitive edge
It’s fun being the company with a reputation for delivering on time and within budget, while still being able to offer competitive quotes. Savings delivered by strong supply integration from an ERP system make this your reality.
Integrate workforce and time management with accounting
Multiple modes of employee time tracking are an important feature. Tracking time and attendance to a project in real time on the shop floor, as well as logging time sheet reporting simultaneously, not only keeps project costs in check but makes life simpler for your accountants and project managers alike.
Reduce the complexity of order fulfillment
This sounds simple, but in practice your bill of materials is going to include all sorts of things that a production-focused company never has to contend with. The right ERP will make it easy to organize it, ship it in the right sequence and make sure everything is in place for start-up.
Profitability in the project manufacturing depends on accurate costing
If your ERP system is not capable of calculating how complete a project is compared to internal and external budgets, your finance team is forced to manage mounds of spreadsheets. However, a good ERP can handle percentage-of-completion, work-in-progress and pre-invoicing while conducting final reconciliation and billing effortlessly.
When you have confidence in the data, meetings are productive
Gone are the meetings spent arguing over who’s data is accurate. When confidence is high, your meetings are spent identifying opportunities for improvement, devising corrective courses of action and monitoring progress.
Project Manufacturers need more than a one-size-fits-all solution
Traditional fabricators can choose an ERP that does the one thing they need. But that won’t work for your project firms, which performs all sorts of different tasks and functions — sometimes only a few times per year. The path a project takes during its lifecycle, from RFP to commissioning, should be completely adaptable to your operation.