Manufacturing businesses are constantly striving to enhance efficiency, boost productivity, and deliver high-quality products in a competitive market. To achieve these goals, organisations need a comprehensive solution that streamlines operations, provides real-time visibility, and supports business growth. MYOB Advanced Manufacturing, a cloud-based Enterprise Resource Planning (ERP) system, offers a powerful platform designed specifically for Australian and New Zealand manufacturers. In this blog, we will explore the key features and benefits of MYOB Advanced Manufacturing, highlighting how it helps businesses streamline their operations and drive success.
Streamlining Manufacturing Operations:
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Simplify operations: MYOB Advanced Manufacturing enables real-time coordination of all business activities from a centralised location. By consolidating production planning, shop floor management, financials, CRM, inventory, and sales orders, manufacturers can simplify their operations and gain a comprehensive view of their processes.
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Reduce and track costs: Accurately estimating costs and tracking and assigning value throughout the production process is crucial. MYOB Advanced Manufacturing provides tools to estimate costs, track expenses, and control costs at every step, helping manufacturers reduce waste, optimise resource allocation, and improve profitability.
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Respond effectively to market changes: In a rapidly evolving market, manufacturers need to adapt quickly to changes in demand and supply chain complexities. MYOB Advanced Manufacturing offers real-time and accurate information, enabling businesses to respond effectively to market fluctuations, make informed decisions, and stay ahead of the competition.
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Automate processes: Manual processes often lead to errors, duplication of work, and delays. With MYOB Advanced Manufacturing, manufacturers can automate manual processes, such as data entry, workflow approvals, and document generation. Automation improves productivity, reduces errors, and accelerates overall operational efficiency.
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Optimise inventory management: Effective inventory management is critical for manufacturing businesses. MYOB Advanced Manufacturing provides system-wide inventory control, allowing manufacturers to efficiently manage distribution processes, monitor inventory levels, optimize reorder quantities, and reduce carrying costs.
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Enhance collaboration: Collaboration across teams is essential for smooth operations. MYOB Advanced Manufacturing facilitates effective collaboration by providing real-time updates accessible to all teams across the business. This ensures everyone is aligned, promoting better communication, coordination, and overall efficiency.
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Meet unique business needs: MYOB Advanced Manufacturing offers flexibility and customisation options. Businesses can easily connect other applications from the ecosystem partners to tailor the cloud ERP platform to their specific requirements. This adaptability allows manufacturers to address unique business needs and achieve optimal results.
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Support business growth: As manufacturers expand their customer base, product lines, and locations, they need a scalable solution. MYOB Advanced Manufacturing is designed to grow with businesses, accommodating increased demand, expanding operations, and providing the necessary support to drive long-term growth.
Key Features of MYOB Advanced Manufacturing:
MYOB Advanced Manufacturing offers a range of features that empower manufacturers to optimise their operations:
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Bill of materials & routing: Connect materials, work instructions, and overhead costs to streamline production processes.
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Production management: Capture total manufacturing costs, including material, labour, machine, tool, overhead, and outside processes.
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Material requirements planning (MRP): Gain comprehensive visibility of supply and demand, and create production and purchase orders directly from the planning screen.
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Product configurator: Easily create new configured orders by modifying existing orders or quotes.
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Estimating: Prepare estimates for existing or custom items, whether as a quick summary or a detailed estimate using a bill of material structure.
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Advanced planning and scheduling: Set accurate delivery dates based on resource availability, ensuring timely order fulfilment.
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Manufacturing data collection: Capture shop floor data, including labour and material transactions, using barcode scanning technology.
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Engineering change control: Manage version control and updates to bills of material (BOM) and routings, ensuring effective control over material planning, costing, and scheduling.
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Inventory management: Gain real-time access to inventory information, including availability, costs, and reorder quantities.
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Order management: Streamline sales activities, automate procurement processes, and fulfil orders efficiently for internal and external clients.
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Purchase order management: Centralise purchasing processes, automate procurement workflows, and ensure seamless vendor management.
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Warehouse management: Optimise distribution processes through advanced warehouse operations, including receiving, inventory management, and order fulfilment.
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Service management: Schedule and track fieldwork in real-time, maximizing dispatching efficiency and improving customer service.
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Mobile app: Access MYOB Advanced Manufacturing from any device, enabling teams to capture and enter data from anywhere, be it the warehouse, customer site, or office.
In today's competitive manufacturing landscape, streamlining operations, optimising costs, and adapting quickly to market changes are essential for success. MYOB Advanced Manufacturing offers a comprehensive cloud ERP solution that empowers businesses to simplify operations, reduce costs, respond effectively to market demands, automate processes, optimise inventory management, enhance collaboration, and support long-term growth. With its robust features and real-time visibility, MYOB Advanced Manufacturing provides manufacturers with the tools they need to stay ahead in a dynamic and challenging industry.
If you are ready to streamline your manufacturing operations, boost productivity, and drive growth, consider implementing MYOB Advanced Manufacturing as your trusted cloud ERP solution. Contact our team today to learn more and embark on your journey to operational excellence.
