Technology is pushing down geographic barriers, which is creating a larger market for all industries, according to Forbes. To maintain a competitive edge in the global marketplace, manufacturing companies must operate as efficiently as possible. ERP software streamlines companies’ operations and ultimately cuts costs.
Global Shop Solutions knows what it takes to compete globally. Our ERP solutions ensure manufacturing companies operate in a very lean manner. To do so, manufacturers must reduce labor costs, which include both direct and indirect labor. Additionally, one of the best ways for manufacturing companies to lead the pack is to reduce cycle time. It takes a significant amount of time to transport materials to other countries, so it vital to have a short cycle time. The most efficient companies cut this time by 50 percent.
Other ways to run a cost-effective company include utilizing ERP software for automated scheduling and on-time delivery. Additionally, instead of managing inventory manually, ERP solutions tell firms when to buy parts. Without worrying about these details, manufacturers have more time to improve quality customer service, price and delivery.
What boosts a manufacturer’s place in the global marketplace is an integrated system. ERP software stores information in a way that is accessible to anyone in the company. With Global Shop Solutions ERP software, companies thrive in the competitive marketplace.