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The Bespoke manufacturing market can be defined as the production of Individualised or one-off products that are made in limited quantities. This is unlike other manufacturing which is a more mass scale such as the car industry. This type of manufacturing typically relies on a large portion of manual labour rather than relying on automated machines. Bespoke manufacturing is big business with just the Bespoke Kitchen market being valued at £213.9 million in 2018 with forecasts of getting to £357.2 million by 2025. With this growth, demand for Bespoke manufacturing services is ever increasing. An increasing workload requires improved production controls and demand forecasting, to ensure there isn’t a back log of orders, halting revenue. ERP can strengthen your bespoke manufacturing business, delivering insights and helping you keep up with demand and boost profits.
ERP takes your production processes to the next level by bridging the gap between shop floor operatives and the office function. Shop Floor Data Capture modules allow shop floor staff to record their actual production time and record the materials used in real time, ensuing up to date visibility of all jobs on the shop floor. This in turn allows the office function to keep customers update on delivery timescales and react to any issues that may arise.
Features in ERP software such as dashboards and reports ensure you stay in touch with all areas of the business at the click of a button and are able to react in a timely fashion when the need arises. This improves visibility, leads to a better service for customers, increased revenue opportunities for the business and time saved in accessing information. Without ERP software you would be reliant on a manual search for all this information from separate sources and the data collated would be quickly out of date.
ERP makes managing supply chains so much simpler. Many manufacturing companies source their materials from different countries in a bid to find the best price. This can lead to project delays and time constraints affecting not only the reputation of your business but also future profitability. ERP software can tell you: what you need to purchase, from where and when allowing you to stay on top of what is happening in your business at various sites and control cash flow.
Many companies manage an awful lot of inventory which is expensive. Effective stock management helps meet demand, without sitting on lots of inventory. An ERP system will show you all the information you need on stock such as quantity, location and attributes, on demand.
Quality checks are critical when it comes to manufacturing. ERP software allows you to plan in quality checks at each stage of production to ensure your customer ends up with the right product at the right time in the best condition possible.
An ERP system can help your business in so many ways. Specifically looking at Bespoke manufacturers the software helps to accelerate product delivery, control costs and track production through, proactive scheduling and availability of key information. If you’d like to find out more about how ERP can strengthen your bespoke manufacturing business, or indeed, any business, get in touch with our ERP team today. They will be happy to discuss further with you.