ERP BLOG

Transforming Manufacturers

MYOB Advanced Manufacturing 

Streamlining, data access, cost control and other business management benefits for manufacturers.

Searching for solutions in a challenging industry

When it comes to the manufacturing industry, at BusinessHub we know one thing: Manufacturing is all about balance. 

Balancing the incoming supply of materials and parts, production and storage of goods with outgoing orders and shipping is a constant challenge, particularly in a tough market where competition is fierce and margins are slim. 

Too many manufacturers are still using older software systems to manage their staff, workflow and inventory. This can mean: 

  • Slower processes 
  • Problems balancing supply and demand 
  • Wasted time and materials 
  • Lack of visibility 

That’s why more manufacturing businesses are turning to cloud business management platforms.

The right system could help streamline inefficient processes and resolve many of the challenges facing your business. 

Read our guide to find out what that might look like: 

The downsides of disconnection

If you’re using multiple software systems to manage different elements across your business, you probably already understand the problems they can cause.

Disconnected systems, slower processes

Disparate systems can be difficult to integrate and manage as one. For example, if your sales system and financial reporting program can’t share data, it will force staff to compile data manually and slow down your entire reporting process. 

No real-time data

If you want to work efficiently, you need accurate, up-to-date data that’s accessible to everyone working in your business. If you or your staff have to track down the information you need, double-check figures against inventory or transfer information between disconnected systems, your data management isn’t delivering.

Lack of visibility

In an industry as complex as manufacturing, it’s crucial to have a centralised view of business processes, incoming orders, price changes and productivity. If you’re using several systems, it can be near impossible to get a cohesive view. 

Centralise and streamline with MYOB Advanced Business 

Unifying multiple operations with MYOB Advanced Business can deliver a host of benefits. Here’s a look at the top three: 

Streamline and save

Streamline day-to-day processes, automate key tasks and save time, money and frustration for you, your staff and your customers. 

Real-time data on tap

Daily dashboards offer a quick, efficient view of key performance metrics, helping you make short and long-term business decisions. All teams work from the same data, reducing errors. 

Boost visibility, reduce costs

Get a centralised view of operations, including information about fluctuating prices, market changes, orders, productivity and inventory. With this comprehensive perspective, it’s easier to balance supply and demand, reduce waste and deliver great service.

Make the next move

In a competitive market and a challenging industry, it’s essential to equip yourself with the right tools. MYOB Advanced Business is just that – a tool to help you navigate challenges, reduce inefficiencies and maximise performance in your manufacturing business. 

For an in-depth look at the challenges and solutions facing the industry, schedule a discovery session with our team or view MYOB Advanced now. 

STAY IN THE LOOP

Latest from our Blog

Find everything from ERP news, EOFY and EOY guides, to discussion papers, webinar invites, tips and much more.

What Is Acumatica?

What Is Acumatica?

What is Acumatica? Streamline operations, boost productivity, and drive growth with our cloud-based solution.

Solving Business Problems

Solving Business Problems

If the past few year’s have taught us anything, it’s that businesses need to modernise in order to stay competitive.

Netsuite vs MYOB Advanced

Netsuite vs MYOB Advanced

Deciding between NetSuite and MYOB Advanced can be tough. They both appear similar upon first glance, but the differences are vast.