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Inventory for Manufacturers 

 

You’re great at what you do? The products you manufacture are of the highest quality. How’d you like to create more capacity in your operation? We help manufacturing businesses develop smarter, more profitable ways of working.

Every manufacturing operation is different, but we know that there are some common problems you share. Whether you’re manufacturing complex or simple products we think that some of these might sound familiar.

  • “Why have we run out of that component?”
  • “What’s holding up the production line?”
  • “Why have our manufacturing costs risen so much?”
  • “How much inventory have we lost this quarter?”
  • “Our Bill of Materials isn’t accurate. ”

 

 

Core Challenges

Bill of Materials Visibility

Even the most simple manufacturing business can lose control of their bill of materials. Add any level of complexity and bill of material management can become a nightmare. Losing focus of raw material, labour and overhead costs adds unnecessary risk to any manufacturing operation.

Forecasting Resources

The success or failure of new manufacturing projects relies on your ability to manufacture profitably. That starts by accurately predicting your production materials – do you have enough to make what you need? It’s easier said than done, but without it you run the risk of producing great products at a loss.

Wasting time and money

Creating an efficient manufacturing process maintains margins and protects profitability. Managing and tracking lost, stolen, and damaged inventory, for many manufacturers, is still a manual process. It takes time, is often inefficient, and it cuts into your margins. The result? Lots of small issues create big problems.

Real Problems. Real Solutions.

We believe there’s a smarter way to manage your manufacturing business. An approach that’s about taking back control of your inventory. An approach that helps you increase production capacity and improve your profitability. Through our partnership with DEAR Inventory, we’ll help you deliver smarter ways of working and a more efficient manufacturing business.

 

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Serial and Batch Numbers

Use unique reference numbers to track stock from purchase, through production, and sales, including recalls and expiry dates if required.

 

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Component Availability Tracking

Quickly and easily see your stock on hand ‘state of play’ before producing goods, saving valuable time in the Production process.

 

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Proactive Reordering Logic

Set minimum order levels and lead times to improve margins by using ‘Just In Time’ ordering to keep warehouse stock as efficient as possible.

 

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Multi Currency and Landed Costs

DEAR’s native multi currency exchange and landed cost allocations means a true profit margin on all sales, every time.

 

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Auto Assembly and Dis-Assembly

Remove bottlenecks when selling ‘quick production’ products such as a bag of goods, avoiding unnecessary processes.

 

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Dynamic Reporting

Report on what you want, when you want to – including the ability to customise and schedule reporting for proactive analysis.

 

Waypoint have restored my faith in IT professionals. After openly, honestly and thoroughly assessing the business they objectively proposed the most suitable systems which we now love using. The whole team can see the huge difference that these systems have made in our work.

The customer service has been second to none with Waypoint going out of their way numerous times to assist us in any way that they could. Can’t imagine a better company to work with and entrust my IT needs to. Dina Listmangof

Managing Director, Happygreen Foods

DEAR Stories

The latest stories, news and helpful updates from the team at Waypoint.

Archie Rose – Client Story

Archie Rose – Client Story

The Archie Rose Distilling Co has developed a big reputation for a small, independent distillery. It’s not easy going up against the might of the distilling giants, but the drinking public has shown, that despite economic uncertainty, they will pay for quality and something a little bit different. And that’s precisely what Archie Rose produces from their Sydney base – quality Gin, Whisky and Vodka.

read more
BLK Box – Client Story

BLK Box – Client Story

Belfast based BLK Box is an incredible business that goes from strength to strength. They sell their own brand gym equipment to the public and to gyms across the World. They also design and create complete gym facilities for gym owners that don’t want to compromise on quality. As a result of our work together, BLK Box have solved some very real operational issues.

read more

Get Started

We’ve learned a lot from working with manufacturing businesses over the years. We know how hard it can be to continually deliver consistent production levels.

Our job is to help you develop smarter inventory processes driven by the right inventory management platform.

 

 

If you’re keen to find out more and want to get started get in touch. Or, if there’s a question you have about any aspect of inventory management for manufacturing operations, please click on the link to get in touch.