How Concept Labs Scales Manufacturing With 99.99% Inventory Accuracy
Discover how Concept Labs, a modern manufacturing partner for iconic beauty brands, traced every ingredient by lot, knew its margins before production started, and achieved 99.99% inventory accuracy during a customer audit.
Bigger customers, more complex products
With planning, accounting, quality, finance, and operations working from one source of truth, Concept Labs makes faster, better-informed decisions with less effort. The team knows the real capacity of each line, buys raw materials only when it needs them, and can say yes to brands with more complex supply chains, bills of materials, and production schedules.
It has amplified our ability to go after bigger business, more complex supply chains, more complex bills of materials, more complex planning and scheduling.”
Every ingredient traced to the bottle
Iconic brands expect proof, and Concept Labs delivers it. The team tracks every chemical and component from the moment it arrives to the moment it ships. Incoming materials go through quality control (QC) on receipt, and finished product can't leave until it passes micro, stability, and compatibility testing. When one of its largest customers audited inventory onsite and required 99.5% accuracy, Concept Labs came in at 99.99%.
I can track your chemical from when it comes in the door. I know exactly which bottle it's in.”
Finance focused on strategy
With operations and financials connected, Concept Labs' finance team spends its time on analysis and strategy. Standard costing shows exactly where raw material costs are moving, live data shows how each sale will reach the bottom line, and an automated EDI connection saves accounts receivable about 80 hours a month.
Efficiency equals savings. Savings means cheaper product. Cheaper product means more customers.”
Ready for what's next
For a formulator and manufacturer as inventory intensive as Concept Labs, having planning, accounting, quality, and operations in one place is what makes scale possible. With accurate, real-time data behind every decision, Concept Labs is ready for its next generation of brand partners.
I would absolutely recommend Deacom. This is a system that is absolutely required to scale your business.”
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