Compared to large organizations, most small to mid-size manufacturers/businesses (SMBs) have very limited resources which can impact the business. Collaborating with customers, suppliers, software developers, product designers and other industry related businesses enable smaller manufacturers to co-create their business manufacturing processes and the products that result from them.
An example of a SMB turning to collaboration is Impact Converting Systems and Solutions, a conglomerate of manufacturing companies which include Bernal and Midway Rotary Die Solutions, which has chosen to consolidate and manage its multiple businesses onto one ERP, with Global Shop Solutions. The company designs and manufactures a catalog of tools and dies for the medical, automotive and packaging industries and provides customers with innovative and efficient products.
Over the years of managing multiple locations, Impact concluded they were not operating with the same efficiency their products provide their customers. This was realized when they looked at their four distinct businesses operating out of four separate locations with four disparate software systems.
In 2021, Impact made the decision to consolidate all four businesses onto one ERP. Since then, the company has grown from four to eight businesses with all having access to data in real-time via the one ERP system.
Leveraging Global Shop Solutions, Impact has enhanced the overall efficiency across all areas of the business. Some of the benefits include quick identification and resolution of shop floor bottlenecks, minimizing cross-business disruptions, accurate application of labor and materials to jobs, and implementation of a unified chart of accounts across all companies which has simplified financial reporting and the auditing processes.
Consolidating all four businesses onto one ERP enabled Impact to access a more detailed overview of financial health and operational performance which, in turn, will encourage better informed decisions. The increase in data visibility at each Impact business location allows for effective coordination between various areas of the business and a successful consolidation and standardization of processes. Being able to look at the business as a whole and in separate entities streamlines planning and decision-making.
Collaboration makes the world go round, and it’s no different with small to mid-size manufacturers . When dealing with multiple processes, complex data, products and different operation efficiencies, it is important to find an alignment in order to ultimately improve the experience for the end user, allowing them to get the most out of your product or solution.
Explore how you can simplify your manufacturing processes here.
