Human error is a common thing to happen in manufacturing businesses that are still managed manually. For example, miscalculation of production and material costs results in a lack of efficiency in the production process. Factory software enables businesses to monitor operations, automate material usage calculations, and minimize manufacturing machine downtime.
Regarding the type of business, there is always room for growth, and cloud-based factory solutions can help you achieve that. When finding the right manufacturing software for business, find out what problems the software can solve and how it can improve business processes.
Some of the essential features of factory software that can help the manufacturing process are
Manage manufacturing time management and track employee performance, material usage, and production output.
Estimated Production Cost
Improve the accuracy of calculating production costs, such as the number of raw materials and labor required to make a product.
Integration with the Accounting System allows the calculation and report of the overall Work in Progress (WIP) cost to be done automatically.
Gantt Chart Display
Displays all the details of tasks that are scheduled to be completed each day. Monitor your production performance on one screen.
Optimize work routes during the production process and appoint the right PIC to ensure production goes according to plan.
Bill of Materials (BoM)
Determine the BoM for each material and automatically calculate the BoM in the finished goods bill using the manufacturing system.
Track thousands of raw material, WiP, and finished goods inventories. Optimize the use of raw materials to match the order quantity.
Automate Overall Equipment Effectiveness (OEE) calculations to avoid machine downtime.
With these essential features, problems that can be minimized by using Factory Software are:
Automating tasks once performed by workers reduces the risk of human error and allows the workforce to focus on other tasks. This makes time more productive and efficient because work is completed in less time and without mistakes.
Manage stock level
Complete control and forecasting of future stock levels can help your manufacturing business save money and make real-time planning. When you have comprehensive monitoring and tracking, then the restocking process is easy to do. The features of setting minimum stock levels and notifications that let businesses know when to reorder can help avoid out-of-stock conditions.
Increase cash flow
With detailed insights into manufacturing operations, task management, and stock levels, you can accurately plan for the future with real-time data. Forecasting your business expenses is simple when you have it to help you.
By controlling stock levels and the ability to store product information such as dates detailing when the product should be sold, you can reduce waste for your business and, in turn, save money. You can also reduce wasted business time by tracking and assigning tasks with automation that allows tasks to be simplified and completed in no time.
Track shipments accurately
Have you ever faced problems with delayed or lost deliveries and felt helpless, with no control over the situation? Automated solutions allow you to accurately track shipments to have complete control over your business logistics, with updates on factors that may affect delivery and accurate delivery time estimates.
Increase factory production capacity, choose the complete solution for your manufacturing business needs with various cutting-edge features. Starting from the procurement of inventory, the calculation of the production cost report, and the analysis of machines and materials, everything is done automatically. HashMicro’s Manufacturing Software helps you manage production planning so that the manufacturing process is maximized and effective.