These two manufacturing modes are just what you’d assume. Make-to-stock manufacturing is where finished goods are built to inventory. The demand associated with make-to-stock is typically driven by a forecast. Additionally, a mix of forecasting, inventory quantities driven by planning policies, and actual demand can drive planning and scheduling for make-to-stock manufacturers.
Before I get into the best costing methodology for a work-order-driven manufacturing company, let me define both methods. With standard cost versus actual cost, the discussion centers around how the ERP system values an inventory or labor transaction. Here is how the different costing methods calculate the value of the transactions.
In my years of working with companies looking for Enterprise Resource Planning (ERP) systems, there is usually a lot of emphasis placed on buying the right system along with declarations on how the new system is going to help run the business better. Other companies have achieved this, your company can also.
SAP is a technology company that has been around a long time and offers what is often regarded as the top ERP software in the world. SAP ERP is built primarily for large companies in a variety of industries. Companies that are household names (e.g. BP, Coca-Cola, BASF, Audi, Burger King, and Citrix) very likely use SAP’s ERP software somewhere in their operations.
Visual South sells ERP for manufacturing-centric companies. More specifically, we sell Infor CloudSuite Industrial (SyteLine) and Infor VISUAL ERP. My experience with VISUAL goes back decades: When I was a plant manager, I bought and implemented VISUAL; I was a VISUAL consultant for years; and I’ve taken deep dives into CloudSuite Industrial.
What sign manufacturers have in common with other types of manufacturers is that they have to plan for material requirements, schedule jobs, and execute the production of those jobs. That being said, sign manufacturers have numerous requirements and needs that are unique to their industry. In this article, we’ll review how those unique requirements can be addressed with sign industry software, or sign manufacturing software.
Manufacturing ERP solutions and manufacturing processes go hand-in-hand. Your manufacturing process is typically defined by how you make what you make: the materials needed, the operations required, and the sequence of those steps. An ERP digitally supports any given manufacturing process by giving users a tool to help them execute, track, and analyze results of that process. When the tool used to support manufacturing process planning changes (like replacing Excel sheets with a new ERP), the processes typically change, too.
A mixed mode manufacturer is a company that does not have a single manufacturing process. It is typically a combination of one or more of the following modes of manufacturing:
Discrete manufacturing differs from primary modes of manufacturing in the following areas:
Discrete manufacturers typically have production lines or areas where the finished good is produced in a non-continuous process. In addition, they are often categorized as “to order” manufacturers, with mixed mode components when there is a make-to-stock or forecast demand to be addressed.
The types of consultants are: project managers, manufacturing consultants, finance consultants, and technical consultants. All of these individuals are typically engaged in a new implementation and used for varying consulting and technical efforts. There are a select number of consultants who are versed on the three primary areas of manufacturing, finance, and technology; we are proud to have these rare talents on the Visual South Professional Services Team. Please remember that the team helping you implement the software is just as important as the software itself . Our consultants exist to coach you on how to successfully use the application.
