Manufacturing management is an inherently imprecise process due to the presence of overhead costs. The amount of staff time taken to complete any project, for example, cannot be assigned as a specific a number, as can the cost of a nut, bolt or piece of metal. There are a number of ways, however, to ramp up the accuracy of costing estimates using manufacturing software.
The modules built into the M1 manufacturing software offered here at Bowen & Groves include a number of helpful elements that can redefine the ways in which costing procedures are handled. One of the easiest improvements that can be made in the course of cost estimates involves simply tracking all of the costs of a job/project in one place. When costs are dispersed over a number of different departments, inefficiencies can occur when attempting to total such numbers (especially when different departments calculate overhead costs in different ways).
M1 software provides a central repository for all costing data. The program allows all departments to work together to determine actual costs for projects. Changes can be made to bills of materials by anyone along the ordering or supply chain. The software will automatically update the current cost of a job each time a transaction is entered, making it easy to compare projected and actual costs.
Our M1 software also contains tools for advanced inventory management, shipping management, scheduling, and more. You can customize the software to suit your individual needs--add tables or fields, or print customized reports that show all the expenses related to a particular job. You'll have the ability to link a job to one order or several, as well as move any or all of those jobs between work centers. If you have any questions about the software solutions offered here at Bowen & Groves, call us at 866-617-6389 or send an e-mail to sales@bowen-groves.com.