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Jennie Miller 2021-07-23

This Quick Tip is part of a series on the six rules of a successful ERP implementation.

The first rule is to provide full management support to the implementation, the second rule is to have a system champion, the third rule is to get employee buy-in, and the fourth rule is to have written plans for the ERP implementation.Source: https://www.mie-solutions.com/mie-blog/quick-tips/quick-tip-rules-erp-implementation-develop-training-approach

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Jennie Miller 2021-05-25
The ERP or enterprise resource planning solution is an integrated suite of business applications to help your business manage financials, sales, and other operations. The perfect software solution would enable you to manage supply chain and inventory management. The ERP software can assist everything whether it is planning, developing, sales forecasting or any other essential business operation for a manufacturing firm or company. Our ERP Software for Manufacturing is designed in such a way that provides a cross-sectional view of whole operation after the integration, which eventually reduces the chances of errors and allows taking better decisions. Most of our ERP software solutions have been increasingly gaining popularity among both big and small businesses, because of its centralized approach to business processes. Our ERP solution is used to automate back-office processes and streamline cross-departmental workflows.
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Jennie Miller 2021-04-22

In order to begin a detailed look into quoting and estimating I'm going to start by giving some definitions.Setup TimeSetup time is the time it takes to make the first accepted piece which includes bringing all the tools, jigs and fixtures, setup those jigs and fixtures for a particular batch quantity.

Operation run time or cycle time, is the time spent to complete each unit through the machine.Setup time can be simple or complex and it really depends on the process being performed.

Setup time is usually independent of the actual run time because once a machine is setup it can be continually run without setting the machine up a second time.

Setup time can actually be broken down into a few categories.Staging Time The time required to gather materials, dies or any other equipment required to get the machine running.

Staging can potentially be performed during the running of another job through the machine because it may not actually require the machine to be available.

A simple definition is time spent on a machine or process prior to a manufacturing run.Setup Time The time required to bring this production batch quantity to an actionable state.Transit Time Transit time is the time to move a particular batch quantity to another step in the process.Tear Down Time The time required to remove all the equipment that was required to be setup on the machine making it ready for the next process.

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Jennie Miller 2021-04-09

Do you remember when it was time to quote and you sat down with your specifications, pencil and paper and started to write down how long each processes would take to manufacture the given specifications.

You would add up all the setup time, then go through and add up all the cycle time per process by hand, and if not by hand, an expensive calculator.

Once you finished adding up the estimated time you then did one last calculation like thisLabor Dollars = ((Setup Time)/(Pieces Being Quoted)) + Cycle Time)*(Shop Rate)Shop labor rates a fews years ago usually consisted of a single shop rate for every machine and operation in your shop including machine shops, sheet metal shops to wood working and plastic job shops.

To calculate a quote the shop rate was much simpler when there was only a single rate.

Now with the advent of computers you can have shop rates that are specific to each machine because the  actual calculation is done by a computer now.

A single shop rate had some advantages at that time but those advantages are not applicable in todays advanced manufacturing facilities.Plant-wide versus departmental versus individual machine burden ratesIf overhead does not vary between departments you can use a plant-wide shop rate.

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Jennie Miller 2021-04-09

We are going to spend the next few posts reviewing what an income sheet is and how the income sheet will help you determine you shop rates.From Wikipedia the definition of income statement isIncome statement, also called profit and loss statement (P) and Statement of Operations, is a company's financial statement that indicates how the revenue (money received from the sale of products and services before expenses are taken out, also known as the "top line") is transformed into the net income (the result after all revenues and expenses have been accounted for, also known as the "bottom line").

The purpose of the income statement is to show managers and investors whether the company made or lost money during the period being reported.An income statement is the primary source of information which enables you to calculate your overhead absorption rates.

All expenses that you cannot attribute directly to the manufacturing of a product or service are included in overheads.Here are some common items and definitions of those items on the income statement.These items would not be used in the overhead absorption calculationNet Sales: amount of money made from the goods or the services that you sold.

The gross margin shows you how much money you have available to pay your expenses and still make a profit.Selling and Administrative Expenses: costs involved in getting the product or service ready to sell that are not directly related to the product itself.

It includes salaries for people not directly involved with the making of the product or performance of the service, advertising, office expenses, etc.

This reveals the amount your company has left over after paying it’s own costs to function as a business entity.Dividend and Interest Income: additional money that you receive from ownership and investments externally.

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Jennie Miller 2021-04-08

But it is definitely a wise investment that will help to improve the inventory turnover ratio.

But also about the rate in which your inventory enters and leaves the workshop.

You can make well-informed decisions based on the real-time and accurate data you can have using an inventory tracker software.

Efficient workshops mean you will be having lower inventory levels, but maintaining high sales.

In this way, you can save a huge amount that you may need to spend otherwise to maintain floor space and warehouse.

You need to accurately place monetary values on your raw materials, staff, and production processes.

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0
Jennie Miller 2021-07-23

This Quick Tip is part of a series on the six rules of a successful ERP implementation.

The first rule is to provide full management support to the ERP implementation, the second rule is to have a system champion, the third rule is to get employee buy-in, the fourth rule is to have written plans, and the fifth rule is to determine an ERP training approach that works well for your business.Source: https://www.mie-solutions.com/mie-blog/quick-tips/quick-tip-rules-erp-implementation-prioritize-follow

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0
Jennie Miller 2021-04-20

One of the most difficult aspects of estimating is figuring out what the cycle time may be for a process.

There are many factors which affect the cycle time which are not fixed including skill level of the person running the machine, reliability of the machine, maintenance of the machine, inspection of the parts being run, the quality of the material and others.

In future discussions we will go over these different aspects of estimating but right now we are discussing at the high level, what is cycle time?Cycle time is defined as the handling time + run time.Handling time is the time spent as the operator loads and unloads the part being manufactured from the machine.Run time is the time the operator spends at the machine running the part or the time the machine is running by itself, i.e.

Some operations require the operator to be present during the running of the part and others do not.The basic formula for estimating an operations cost isCycle Time Per Piece(Handling Time + Run Time)Total Estimating Operation TimeSetup Time + Cycle Timeor(Staging Time + Setup Time + Transit Time + Tear Down Time) + (Handling Time * Run Time) * Quantity To Be ProducedEstimating your cycle times is a critical area for any manufacturer to be profitable.

Cost estimating MIE Solutions provides software to help you do this calculations as efficiently as possible through their MRP/ERP systems quoting package.Source: https://www.mie-solutions.com/founders-blog/estimating/manufacturing-estimating-cycle-time

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Jennie Miller 2021-03-24

The ERP or Enterprise Resource Planning is a business process management software solution.

It allows a company or organization to use a system of integrated applications to maintain their business and automate many back-office functions regarding technology, services, and human resources.

The MIE Solutions is also providing efficient and dedicated software solutions for various types of companies and organizations.

Our ERP software typically integrates all types of operations including planning, development, manufacturing, sales, marketing and many others in a single database, application, and user interface.

The enterprise resource planning software shouldn’t be considered just for multinational corporations.

However, recent years have proved that ERP software applications are useful even for the SMBs (small and medium-sized businesses).

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0
Jennie Miller 2021-05-26

The enterprise resource planning is a mechanism used by organizations and companies to integrate and maintain important parts of their business operations.

There are various ERP Software solutions and these solutions contain modules.Source: https://www.bloglovin.com/@erpsystem/manufacturing-software-systems-are-essential-8635139

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0
Jennie Miller 2021-04-13

MIE Solutions is proud to announce their new partnership with Elmo Solutions and the addition of Agni Link as an add-on to MIE Trak Pro for CAD transcription.GARDEN GROVE, April 14, 2021 – MIE Solutions and Elmo Solutions have partnered to bring manufacturers—and, more specifically, MIE Trak Pro users—increased functionality in CAD integration.

This is important for businesses that spend a lot of time creating, entering, and updating Bill of Materials for their parts and products—especially ETO (Engineer-to-Order) manufacturers.“It is exciting that we are partnering with Elmo Solutions to help our customers have more efficient and accurate BoM transfer into MIE Trak Pro,” says Andre Walentowski, Manufacturing Engineer at MIE Solutions.

“Agni Link will be a great tool for many of our ETO and MTO manufacturing customers.”Agni Link integrates Bill of Materials, Quotes/Estimates, Work Orders, Job Management, Change Management, MRO, Asset Management, and more between CAD s MIE Solutions is proud to announce their new partnership with Elmo Solutions and the addition of Agni Link as an add-on to MIE Trak Pro for CAD transcription.GARDEN GROVE, April 14, 2021 – MIE Solutions and Elmo Solutions have partnered to bring manufacturers—and, more specifically, MIE Trak Pro users—increased functionality in CAD integration.

“Agni Link will be a great tool for many of our ETO and MTO manufacturing customers.”Agni Link integrates Bill of Materials, Quotes/Estimates, Work Orders, Job Management, Change Management, MRO, Asset Management, and more between CAD software and MIE Trak Pro.

Users can manage the rules that make up the integration(s) without complex programming.

This gives the user full control of how the data is exchanged between their CAD software and MIE Trak Pro.About MIE SolutionsMIE Solutions is a worldwide leading supplier of advanced technology for the manufacturing community with installations in North America, Australia, New Zealand, Europe, Mexico, and South Africa.

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0
Jennie Miller 2021-05-07

The ERP or Enterprise Resource Planning solutions have become an integral part of many businesses and companies.

These solutions often described an ERP as a central database, shared, and accessible by entire employees of a company, including software to provide for data access, processing, and storage.ERP Software solutions :ERP Software solutions provide help across the chain, control shared inventory, provide for integration with e-commerce to deliver sales and finance analytics.

A perfect ERP solution for manufacturing helps to control the production of entire product lines, forecast demand for supplies, and provides immediate access to sales and marketing teams to check availability among hundreds of other applications.

Point to be noted that ERP replaces individual databases and spreadsheets with combining together and unifies the data flow to provide efficient monitoring and managing entire activities and data flow.There a plethora of ERP Software for Manufacturing industry available in the market, but you will discover the MIE Solutions would be a much better platform offering the best software solutions for various types of organizations, firms, and companies.

The overview offers an opportunity to visualize the entire business activities and to analyze it from various perspectives in order to make predictions and manage the error-free data without risks.A centralized data system creates an opportunity to visualize a business as a whole, analyze it from various perspectives, make predictions, and manage the risks.

This automation of processes and reporting feature enables companies to focus on their main business.

collect
0
Jennie Miller 2021-06-18

Enterprise resource planning or ERP is a collection of integrated software applications.

Modern ERP Software consists of back-office functions like accounting, marketing, and human resources.

Manufacturers from around the world are looking to implement enterprise resource planning systems for their companies.ERP system solution provides a number of benefits to organizations and companies.Major Benefits of ERP Software• Improved Production• Increased Performance• Cost Reduction• Streamline Business ProcessesImproved ProductionPerfect ERP Implementation Strategy can cut down the production time it takes to perform tasks and finish projects.

It enables employees to focus on other essential activities and tasks in order to finish their work easily.

The improved production can reduce administrative and operational costs.Increased PerformanceAn efficient ERP system virtually handles entire operations including ongoing activities and repetitive processes.

The system perfectly facilitates the collection and monitoring of information to make processes more simple and efficient.Cost ReductionA dedicated ERP solution can decrease both administrative and operation costs.

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0
Jennie Miller 2021-07-06

3D model files involved in product development processes require a quick, intuitive, and powerful design functionality.

For this, SolidWorks CAD software is one of the most efficient tools, leaving no room for errors even when users need to transfer the product designs into an ERP system.Source: https://www.mie-solutions.com/mie-blog/tag/MIE+Trak+Pro

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0
Jennie Miller 2021-07-23

Describe how the new system will make their jobs easier and how the company will benefit.

At the same time, explain how difficult it will be for your company to remain competitive without efficient ERP software to manage production.Source: https://www.mie-solutions.com/mie-blog/quick-tips/quick-tip-rules-erp-implementation-get-employee-buy

collect
0
Jennie Miller 2021-02-01

With massive customer information, businesses often encounter certain issues to administer the data in a correct way.

In quest of making your customers satisfied and streamline organizational procedures, using an ERP software becomes mandatory.

You can have an accurate estimation of materials and cost in a swift quoting process.

Besides, you can track the order during its processing with the assigned serial number.

Inventory ManagementMaterial requirement planning and inventory management are always daunting, but not with manufacturing ERP systems.

With all these features, you can strategize your operations easily to manufacture such products which provide value to customers.5.

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0
Jennie Miller 2021-07-23

This Quick Tip is part of a series on the six rules of a successful ERP implementation.

The first rule is to provide full management support to the implementation, the second rule is to have a system champion, the third rule is to get employee buy-in, and the fourth rule is to have written plans for the ERP implementation.Source: https://www.mie-solutions.com/mie-blog/quick-tips/quick-tip-rules-erp-implementation-develop-training-approach

Jennie Miller 2021-04-22

In order to begin a detailed look into quoting and estimating I'm going to start by giving some definitions.Setup TimeSetup time is the time it takes to make the first accepted piece which includes bringing all the tools, jigs and fixtures, setup those jigs and fixtures for a particular batch quantity.

Operation run time or cycle time, is the time spent to complete each unit through the machine.Setup time can be simple or complex and it really depends on the process being performed.

Setup time is usually independent of the actual run time because once a machine is setup it can be continually run without setting the machine up a second time.

Setup time can actually be broken down into a few categories.Staging Time The time required to gather materials, dies or any other equipment required to get the machine running.

Staging can potentially be performed during the running of another job through the machine because it may not actually require the machine to be available.

A simple definition is time spent on a machine or process prior to a manufacturing run.Setup Time The time required to bring this production batch quantity to an actionable state.Transit Time Transit time is the time to move a particular batch quantity to another step in the process.Tear Down Time The time required to remove all the equipment that was required to be setup on the machine making it ready for the next process.

Jennie Miller 2021-04-09

We are going to spend the next few posts reviewing what an income sheet is and how the income sheet will help you determine you shop rates.From Wikipedia the definition of income statement isIncome statement, also called profit and loss statement (P) and Statement of Operations, is a company's financial statement that indicates how the revenue (money received from the sale of products and services before expenses are taken out, also known as the "top line") is transformed into the net income (the result after all revenues and expenses have been accounted for, also known as the "bottom line").

The purpose of the income statement is to show managers and investors whether the company made or lost money during the period being reported.An income statement is the primary source of information which enables you to calculate your overhead absorption rates.

All expenses that you cannot attribute directly to the manufacturing of a product or service are included in overheads.Here are some common items and definitions of those items on the income statement.These items would not be used in the overhead absorption calculationNet Sales: amount of money made from the goods or the services that you sold.

The gross margin shows you how much money you have available to pay your expenses and still make a profit.Selling and Administrative Expenses: costs involved in getting the product or service ready to sell that are not directly related to the product itself.

It includes salaries for people not directly involved with the making of the product or performance of the service, advertising, office expenses, etc.

This reveals the amount your company has left over after paying it’s own costs to function as a business entity.Dividend and Interest Income: additional money that you receive from ownership and investments externally.

Jennie Miller 2021-07-23

This Quick Tip is part of a series on the six rules of a successful ERP implementation.

The first rule is to provide full management support to the ERP implementation, the second rule is to have a system champion, the third rule is to get employee buy-in, the fourth rule is to have written plans, and the fifth rule is to determine an ERP training approach that works well for your business.Source: https://www.mie-solutions.com/mie-blog/quick-tips/quick-tip-rules-erp-implementation-prioritize-follow

Jennie Miller 2021-03-24

The ERP or Enterprise Resource Planning is a business process management software solution.

It allows a company or organization to use a system of integrated applications to maintain their business and automate many back-office functions regarding technology, services, and human resources.

The MIE Solutions is also providing efficient and dedicated software solutions for various types of companies and organizations.

Our ERP software typically integrates all types of operations including planning, development, manufacturing, sales, marketing and many others in a single database, application, and user interface.

The enterprise resource planning software shouldn’t be considered just for multinational corporations.

However, recent years have proved that ERP software applications are useful even for the SMBs (small and medium-sized businesses).

Jennie Miller 2021-04-13

MIE Solutions is proud to announce their new partnership with Elmo Solutions and the addition of Agni Link as an add-on to MIE Trak Pro for CAD transcription.GARDEN GROVE, April 14, 2021 – MIE Solutions and Elmo Solutions have partnered to bring manufacturers—and, more specifically, MIE Trak Pro users—increased functionality in CAD integration.

This is important for businesses that spend a lot of time creating, entering, and updating Bill of Materials for their parts and products—especially ETO (Engineer-to-Order) manufacturers.“It is exciting that we are partnering with Elmo Solutions to help our customers have more efficient and accurate BoM transfer into MIE Trak Pro,” says Andre Walentowski, Manufacturing Engineer at MIE Solutions.

“Agni Link will be a great tool for many of our ETO and MTO manufacturing customers.”Agni Link integrates Bill of Materials, Quotes/Estimates, Work Orders, Job Management, Change Management, MRO, Asset Management, and more between CAD s MIE Solutions is proud to announce their new partnership with Elmo Solutions and the addition of Agni Link as an add-on to MIE Trak Pro for CAD transcription.GARDEN GROVE, April 14, 2021 – MIE Solutions and Elmo Solutions have partnered to bring manufacturers—and, more specifically, MIE Trak Pro users—increased functionality in CAD integration.

“Agni Link will be a great tool for many of our ETO and MTO manufacturing customers.”Agni Link integrates Bill of Materials, Quotes/Estimates, Work Orders, Job Management, Change Management, MRO, Asset Management, and more between CAD software and MIE Trak Pro.

Users can manage the rules that make up the integration(s) without complex programming.

This gives the user full control of how the data is exchanged between their CAD software and MIE Trak Pro.About MIE SolutionsMIE Solutions is a worldwide leading supplier of advanced technology for the manufacturing community with installations in North America, Australia, New Zealand, Europe, Mexico, and South Africa.

Jennie Miller 2021-06-18

Enterprise resource planning or ERP is a collection of integrated software applications.

Modern ERP Software consists of back-office functions like accounting, marketing, and human resources.

Manufacturers from around the world are looking to implement enterprise resource planning systems for their companies.ERP system solution provides a number of benefits to organizations and companies.Major Benefits of ERP Software• Improved Production• Increased Performance• Cost Reduction• Streamline Business ProcessesImproved ProductionPerfect ERP Implementation Strategy can cut down the production time it takes to perform tasks and finish projects.

It enables employees to focus on other essential activities and tasks in order to finish their work easily.

The improved production can reduce administrative and operational costs.Increased PerformanceAn efficient ERP system virtually handles entire operations including ongoing activities and repetitive processes.

The system perfectly facilitates the collection and monitoring of information to make processes more simple and efficient.Cost ReductionA dedicated ERP solution can decrease both administrative and operation costs.

Jennie Miller 2021-07-23

Describe how the new system will make their jobs easier and how the company will benefit.

At the same time, explain how difficult it will be for your company to remain competitive without efficient ERP software to manage production.Source: https://www.mie-solutions.com/mie-blog/quick-tips/quick-tip-rules-erp-implementation-get-employee-buy

Jennie Miller 2021-05-25
The ERP or enterprise resource planning solution is an integrated suite of business applications to help your business manage financials, sales, and other operations. The perfect software solution would enable you to manage supply chain and inventory management. The ERP software can assist everything whether it is planning, developing, sales forecasting or any other essential business operation for a manufacturing firm or company. Our ERP Software for Manufacturing is designed in such a way that provides a cross-sectional view of whole operation after the integration, which eventually reduces the chances of errors and allows taking better decisions. Most of our ERP software solutions have been increasingly gaining popularity among both big and small businesses, because of its centralized approach to business processes. Our ERP solution is used to automate back-office processes and streamline cross-departmental workflows.
Jennie Miller 2021-04-09

Do you remember when it was time to quote and you sat down with your specifications, pencil and paper and started to write down how long each processes would take to manufacture the given specifications.

You would add up all the setup time, then go through and add up all the cycle time per process by hand, and if not by hand, an expensive calculator.

Once you finished adding up the estimated time you then did one last calculation like thisLabor Dollars = ((Setup Time)/(Pieces Being Quoted)) + Cycle Time)*(Shop Rate)Shop labor rates a fews years ago usually consisted of a single shop rate for every machine and operation in your shop including machine shops, sheet metal shops to wood working and plastic job shops.

To calculate a quote the shop rate was much simpler when there was only a single rate.

Now with the advent of computers you can have shop rates that are specific to each machine because the  actual calculation is done by a computer now.

A single shop rate had some advantages at that time but those advantages are not applicable in todays advanced manufacturing facilities.Plant-wide versus departmental versus individual machine burden ratesIf overhead does not vary between departments you can use a plant-wide shop rate.

Jennie Miller 2021-04-08

But it is definitely a wise investment that will help to improve the inventory turnover ratio.

But also about the rate in which your inventory enters and leaves the workshop.

You can make well-informed decisions based on the real-time and accurate data you can have using an inventory tracker software.

Efficient workshops mean you will be having lower inventory levels, but maintaining high sales.

In this way, you can save a huge amount that you may need to spend otherwise to maintain floor space and warehouse.

You need to accurately place monetary values on your raw materials, staff, and production processes.

Jennie Miller 2021-04-20

One of the most difficult aspects of estimating is figuring out what the cycle time may be for a process.

There are many factors which affect the cycle time which are not fixed including skill level of the person running the machine, reliability of the machine, maintenance of the machine, inspection of the parts being run, the quality of the material and others.

In future discussions we will go over these different aspects of estimating but right now we are discussing at the high level, what is cycle time?Cycle time is defined as the handling time + run time.Handling time is the time spent as the operator loads and unloads the part being manufactured from the machine.Run time is the time the operator spends at the machine running the part or the time the machine is running by itself, i.e.

Some operations require the operator to be present during the running of the part and others do not.The basic formula for estimating an operations cost isCycle Time Per Piece(Handling Time + Run Time)Total Estimating Operation TimeSetup Time + Cycle Timeor(Staging Time + Setup Time + Transit Time + Tear Down Time) + (Handling Time * Run Time) * Quantity To Be ProducedEstimating your cycle times is a critical area for any manufacturer to be profitable.

Cost estimating MIE Solutions provides software to help you do this calculations as efficiently as possible through their MRP/ERP systems quoting package.Source: https://www.mie-solutions.com/founders-blog/estimating/manufacturing-estimating-cycle-time

Jennie Miller 2021-05-26

The enterprise resource planning is a mechanism used by organizations and companies to integrate and maintain important parts of their business operations.

There are various ERP Software solutions and these solutions contain modules.Source: https://www.bloglovin.com/@erpsystem/manufacturing-software-systems-are-essential-8635139

Jennie Miller 2021-05-07

The ERP or Enterprise Resource Planning solutions have become an integral part of many businesses and companies.

These solutions often described an ERP as a central database, shared, and accessible by entire employees of a company, including software to provide for data access, processing, and storage.ERP Software solutions :ERP Software solutions provide help across the chain, control shared inventory, provide for integration with e-commerce to deliver sales and finance analytics.

A perfect ERP solution for manufacturing helps to control the production of entire product lines, forecast demand for supplies, and provides immediate access to sales and marketing teams to check availability among hundreds of other applications.

Point to be noted that ERP replaces individual databases and spreadsheets with combining together and unifies the data flow to provide efficient monitoring and managing entire activities and data flow.There a plethora of ERP Software for Manufacturing industry available in the market, but you will discover the MIE Solutions would be a much better platform offering the best software solutions for various types of organizations, firms, and companies.

The overview offers an opportunity to visualize the entire business activities and to analyze it from various perspectives in order to make predictions and manage the error-free data without risks.A centralized data system creates an opportunity to visualize a business as a whole, analyze it from various perspectives, make predictions, and manage the risks.

This automation of processes and reporting feature enables companies to focus on their main business.

Jennie Miller 2021-07-06

3D model files involved in product development processes require a quick, intuitive, and powerful design functionality.

For this, SolidWorks CAD software is one of the most efficient tools, leaving no room for errors even when users need to transfer the product designs into an ERP system.Source: https://www.mie-solutions.com/mie-blog/tag/MIE+Trak+Pro

Jennie Miller 2021-02-01

With massive customer information, businesses often encounter certain issues to administer the data in a correct way.

In quest of making your customers satisfied and streamline organizational procedures, using an ERP software becomes mandatory.

You can have an accurate estimation of materials and cost in a swift quoting process.

Besides, you can track the order during its processing with the assigned serial number.

Inventory ManagementMaterial requirement planning and inventory management are always daunting, but not with manufacturing ERP systems.

With all these features, you can strategize your operations easily to manufacture such products which provide value to customers.5.