Forward-thinking manufacturers strive to be lean – but without detailed cost analysis, based on accurate and up-to-date data, it’s difficult to identify inefficiencies that could be making projects less profitable.
Stay in control of costs
With so many different processes involved, managing costs is an ongoing challenge for manufacturers. ow powerful cloud-based cost management software allows you to quickly understand the profitability of completed jobs by accurately capturing labour and materials costs. With part history for repeat jobs contained within the system, you can also provide realistic re-quotes based on the same or similar parts, and monitor both part costs and profitability trends.
Increase profitability of in-progress jobs
Cost management software allows you to track the profitability of every in-progress job, instead of waiting until it’s complete. Real-time visibility of operations makes it easy for managers to share information about capacity, inventory and equipment downtime with shop floor teams, or rapidly compare estimate-to-actual job costs and understand profitability by customer or job.
With real-time operational visibility, shop floor teams can manage resources more effectively to reduce downtime and ensure production stays on track.
Cost analysis and reporting tools help you understand the costs for work-in-progress and completed jobs, so you can determine the impact on profit margins.
Understand actuals and estimates of every job and address any issues while it’s in progress, and avoid them in the future.
Eliminate spreadsheets by bringing all your data together in a single cloud-based system – saving time and reducing the risk of error.
Accurate data capture, automation and custom configuration allows you to standardise key processes, improving quality control and giving you confidence in your decision-making.
Real-time data, with complete departmental integration, communication, and traceability – helping to ensure on-time, in full (OTIF) delivery and a high standard of customer service.
M1. Get business visibility that powers your growth. Specifically built for small and medium-sized businesses, M1® software integrates critical business processes within a single, robust ERP system.
Find out moreJobBOSS². A complete solution that puts you in control. JobBOSS² software is a shop management system with a range of business-boosting features. Get the flexibility and visibility you need to meet production demands and increase profitability on every job.
Find out moreUse M1 to easily share information about every job with shop floor teams, helping to increase production efficiency and track progress – all in real-time. Data-driven insights allow you to manage capacity, inventory, and equipment downtime.
Managers can keep a close eye on labour and resource allocation, and easily compare a job’s estimate-to-actual costs and understand how profitable every job or customer is.
Save time and increase customer satisfaction with the JobBOSS quick quote function. With complete access to labour and materials costs, you’re able to price every job accurately helping to manage customer expectations and protect your margins.
Since all costs are documented, estimators can be confident they have the most up-to-date numbers to hand, rather than having to make assumptions. JobBOSS Quote Processing enables you to keep quotes competitive, while maintaining profitability.
Other benefits include:
With real-time visibility of the manufacturing process, staff, suppliers and customers are able to track the progress of every job and plan their operations accordingly. Greater efficiency leads to cost savings, higher productivity and increased satisfaction.
Key benefits of JobBOSS include:
Gain real-time insights to help you make informed decisions on what, how much and when to buy from each supplier using M1’s purchasing features. Improve efficiency by ordering materials directly to each job or stock and automatically create backorders. You can also use the Open PO report to keep a record of all outstanding orders.
The software allows you to accurately report on the value of all goods received and easily manage PO receipts for individual, partial, or multiple deliveries.
Manage accounts payable, accounts receivable, payroll, fixed assets register, and credit card processing with the highly-secure, integrated M1 ERP. There’s also the option to add the M1 General Ledger for managing and reporting financial activities. All transactions for production, shipping, receiving, receivables, and payables can be captured and posted.
Ensure OTIF delivery, and drive up customer satisfaction, with automated shipping. M1 ERP gives you full visibility of your shipping activities, with analytics to understand performance. It also integrates with a number of global shipping companies for maximum efficiency.
The software gives you the option to ship various product types from inventory, work orders, and purchase orders, while data-driven insights help you track OTIF performance and make improvements.
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