Epicor Kinetic 2023.1 Implementation for Renowned Manufacturer of Resistance Welding
Situation
Customer required detailed unit-wise profit details to better understand the profitability of each operational unit.
There is a lack of comprehensive inspection verification data for items, hindering quality control and traceability.
The current system does not provide adequate project-based profit and loss details, making it challenging for management to assess project profitability.
Store management faces difficulties in segregating work when production overlaps with store responsibilities.
Solution
Profit Details by Unit: Implementing Epicor ERP will enable real-time financial reporting and analytics, providing unit-specific profit details with granular insights into cost structures and revenue contributions.
Inspection Data Management: Utilizing Epicor's quality management modules, customer can capture and analyze comprehensive inspection data for each item, ensuring adherence to quality standards and regulatory requirements.
Project-Based Profit and Loss: Epicor's project management functionalities will facilitate accurate tracking of project expenses, revenues, and profitability, offering detailed insights into project performance and financial outcomes.
Work Segregation in Stores: Epicor's manufacturing and inventory management capabilities will streamline workflows, enabling clear segregation of production and store activities, optimizing operational efficiency and inventory management.
Benefits
Enhanced Financial Visibility: Epicor ERP will provide customer with detailed unit-wise profit insights, enabling informed decision-making and strategic planning.
Improved Quality Control: By leveraging Epicor's inspection data management, customer can ensure consistent product quality, enhancing customer satisfaction and compliance.
Better Project Management: Epicor ERP will enable customer to track project profitability accurately, improving project planning, resource allocation, and overall financial performance.
Operational Efficiency: Streamlined workflows in Epicor will help customer optimize store operations, reducing overlaps between production and storage activities, and enhancing productivity.