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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.
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