4 ways an Electronic Manufacturing System can save you time and money
Over 60 per cent of New Zealand’s total exports are accounted for by the manufacturing sector annually. The total exports by the sector were valued at $9.4 billion in the March 2020 quarter.
The manufacturing sector is New Zealand’s 2nd largest sector and is constantly changing. The high level of competition in this sector requires manufacturers to be constantly on the lookout for new and innovative ways of improving processes to meet consumer demands. In order to succeed in this constantly changing sector manufacturers need to be on the lookout for ways to improve and streamline their internal processes.
The introduction of a system such as AMS (Advanced Manufacturing System) will enhance and streamline operations, saving you time and reducing costs.
- Reducing human error
- Sharing information and communicate between departments
- Streamlining supply change management and inventory control
- Productivity monitoring and reporting
Reducing Human Error
Traditional, paper-based methods put unnecessary stress on your staff. There are many possible places to enter data with a paper-based system – ranging from spreadsheets to word documents, emails and much more.
Implementing a Manufacturing Management System reduces manual data entry, giving your staff more time on tasks that add value to your business. Information is only entered into the system once, giving all staff the ability to access it, whenever they need to.
Sharing Information and Communication between Departments
Systems like AMS enable integration of all departments within a manufacturing company, such as inventory, sales, customer service, finance and more. This means, staff no longer need to manually and separately enter data and monitor each department. All the departments can coordinate through one system and share information, resulting in all staff having access to all information in real-time, whenever they need it.
The ability to share information across departments ensures estimates and effective forecasts are maintained, enabling management to make more informed business decisions.
Streamline Supply Change Management and Inventory Control
By introducing a Manufacturing system such as AMS , you can more easily track your product which includes monitoring stock movements.
Implementing a system such as AMS can help you manage materials, when they are ordered and utilise the production schedule as they arrive. Other functionality in AMS includes bill of materials, allowing you to easily manage and view the costs involved in an individual product.
AMS also records component wastage, allowing you to keep track of the amount of product that goes to waste and the reasoning behind it.
The ability to share information across departments ensures estimates and effective forecasts are maintained, enabling management to make more informed business decisions.
Productivity Monitoring and Reporting
The fundamental challenge with a paper-based system is multiple data entry points. Information not being stored in the correct place can be very frustrating to access and is time-consuming for users to manage. This can result in duplication or inconsistent data.
An electronic system enables manufacturers to monitor information which include a range of information such as the date and time, customer name, sales order, quantity and much more. By having all information in one place and not in paper files all information can be reported on with more accurate forecasting. Functionality being available within the system, at the touch of a button.
AMS also records component wastage, allowing you to keep track of the amount of product that goes to waste and the reasoning behind it.
The ability to share information across departments ensures estimates and effective forecasts are maintained, enabling management to make more informed business decisions.
