Consulting for Manufacturing
Growth is great, but it’s only as strong as the foundation it’s built on. We help manufacturers move data seamlessly across the business, giving you the insights you need to make decisions quickly and effectively – no matter the department.
Common Issues
We’ve seen first hand how these common issues can lead to inefficiencies, higher costs, and missed opportunities.
Activity-Based Costing Made Simple
Finding where the profitability is coming from within the manufacturing industry can be challenging, especially with costs being spread across materials, labour and location and with the processes often being convoluted, it adds another layer of complexity. The way that costing is traditionally done for manufacturing can fail at capturing the nuance of indirect costs, so pricing strategies aren’t accurate.
Demand Forecasting and Inventory Management
Trying to guess what the demand for the year is going to be is bloody challenging. Inaccurate demand forecasting leads to overstocks, running out of key inventory, and overall inefficient inventory management. With the inefficiencies comes tied up working capital and disrupted production capacity and schedules.
Financial Reporting Across Product Lines
Multiple locations, varying product lines, supply chain management, and so much more can make doing financial reporting across product lines super complex. With this elaborate and difficult process to try to untangle, it means that financial insights can be delayed and trying to meet regulatory standards unnecessarily difficult.
How we fix things
Activity-Based Costing Made Simple
Using IBM Planning Analytics, we can take the activity based costing and make it easy, simply by connecting the operation and financial data in the system. By doing this, we can streamline the dots between various parts of the business, so you can accurately calculate costs, identify areas of inefficiency and adjust your pricing models to improve productivity and profitability.
Demand Forecasting and Inventory Management
We bring historical data, production schedules and capacity, and market trends together in IBM Planning Analytics, so we can create, or help you create, more accurate demand forecasting based on real time shifts in customer behaviour and feedback. Syncing with COINS ERP, we can help optimise the inventory, reduce waste and more so that your production efficiency and cash flow improve.
Financial Reporting Across Product Lines
We make your financial reporting much easier, just by integrating data from every part of the business into one, centralised platform. With our help, you can automate the reporting so that high level decisions are made much easier. I feel like another sentence should go here.
Tell us how we can help
Book in a chat with our team
Case Studies
Don’t just listen to us, our clients always say it better than we do. We’re just too humble.
