Innovative technology is transforming how Australian manufacturers are managing their business from financials through to production.
Discrete manufacturers today are producing products once thought impossible using innovative manufacturing technology.
If they haven’t already, these manufacturers must use similarly innovative technology to replace entry-level accounting or legacy manufacturing ERP systems to provide custom products to meet the needs of their customers and improve their factory and business operations.
Becoming a progressive manufacturer is an essential component of success in today’s (and tomorrow’s) economy.
Why discrete manufacturers are turning to modern ERP platforms
If you’re using a legacy ERP system to run your discrete manufacturing business, you’re working at a disadvantage. Legacy systems lack the integration and automation growing companies need to maximise their profits and simplify their operations. Running a business using multiple systems means a lack of connectively, siloed data and room for error. Discrete manufacturers are moving towards one integrated business management platform, like cloud ERPs to manage their business – increasing operational efficiency and scalability.
The renewed focus on the Australian manufacturing industry means greater opportunity but also competition. To remain competitive and to keep up with increased demand, manufacturers are shifting to cloud ERP platforms to automate and improve operational visibility.
Discrete manufacturers look to innovate their business to combat challenges and market changes. Supply chain issues and disruptions have impacted mid-market discrete manufacturers in recent times, and the need to react quickly to evolving regulations and changes has become paramount.
To alleviate these pressures and respond effectively to these challenges, digitising their business has been one step discrete manufacturers have taken.
The benefits of going digital
Ensure your business is keeping track of its successes with our guide to Manufacturing Metrics.
Steps to Digital Transformation
It is challenging to modernise operations without a cohesive plan. You have technologies in place today but are they the right ones to take you to the next level? Set a solid foundation by researching options, prioritising activities, and developing detailed plans.
We have trust in the MYOB brand and as it turned out their Advanced solution really did have everything we needed.
The functionality of MYOB Advanced met our many needs including customer special pricing, advanced stock management, a customer portal as well as CRM.
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Balance supply and demand with inventory, sales, and purchasing with MYOB Advanced Manufacturing.
MYOB Advanced Manufacturing supports make-to-stock, make-to-order/assemble to order and configure-to-order manufacturers. Features covering production, estimating, engineering, material planning, production scheduling, and product configuration provide unparalleled manufacturing depth empowering businesses with a scalable, easy-to-use, and easily accessible platform for discrete manufacturers.