19
Jul 2024
15
Financial health

Why Manufacturing Leaders Value a Financial Health Check

Made-to-order and engineered-to-order manufacturers have an important role in the global supply chain, providing products that suit the

Why Manufacturing Leaders Value a Financial Health Check

Blog , , , Ashley Limbers

Made-to-order and engineered-to-order manufacturers have an important role in the global supply chain, providing products that suit the exact needs of their customers and making way for customization and variety. However, without a clear financial plan to guide the decisions made by the company, there are several risks, including falling out of regulatory compliance or having inefficiencies and outdated processes that get in the way of profits. Encompass Solutions has been providing solutions for manufacturing businesses for nearly a quarter of a century, and those solutions start with a Financial Health Check.

The Challenges of Made-to-Order and Engineered-to-Order Manufacturing

There are several challenges faced by the made-to-order and engineered-to-order manufacturing industries that can have deep impacts on a company’s bottom line, such as:

  • Inefficiencies and outdated processes
  • Adding new service lines or expanding product offerings
  • Complying with new regulatory requirements
  • Adjusting business strategies and addressing emerging priorities

While modern manufacturers rely on their enterprise resource planning (ERP) systems to manage their finances as well as their supply chain, human resources, projects, and customer relationships, ERP systems aren’t taking a deep-dive look into the company’s processes and making recommendations. These systems aren’t always giving manufacturing business leaders the information they need to understand whether it is a good time to add a new service line or whether they should focus on different priorities. 

The Importance of a Financial Health Check

There are many key indicators that a manufacturer’s ERP system is working successfully, such as revenue, profitability, customer retention, and more. However, it isn’t always easy to understand which metrics to look at when making major decisions about growing the company or how to change processes to comply with new regulations. A Financial Health Check is crucial for manufacturers as it provides actionable recommendations based on a comprehensive look at all parts of the company’s finances. The Financial Health Check can also help companies manage their risks and develop contingencies to mitigate problems that may occur in the future.

What to Expect During a Financial Health Check

Through Encompass Solutions’ financial health check process, manufacturers can expect a thorough review of their financial configurations and processes, with a special focus on their primary concerns for the business. For example, if your main reason for wanting the check is to determine whether the company is financially prepared to expand its services, that’s what our main focus will be, as well. Keeping your priorities in mind, we will carefully and completely review your financial data to provide strategies for improvement and performance optimization. We will evaluate your ERP system to ensure that it is as scaleable and optimized as it needs to be and provide recommendations on increasing efficiency through system integration. You will be provided with this detailed analysis of our findings and we will personally provide our recommendations to you, ensuring that the questions you have about the analysis are answered thoroughly.

Key Components of the Financial Health Check

The key components of a Financial Health Check from Encompass Solutions are:

  • A thorough analysis of existing financial processes and systems
  • Delivery of findings and actionable recommendations
  • Facilitation of a meeting to review the recommendations made
  • Creation of an implementation plan

With actionable recommendations and a plan for implementing them in hand, manufacturing leaders can improve the financial health of the business and make decisions that are grounded in data.

How to Get Started with Encompass Solutions’ Financial Health Check

Do you feel like outdated processes are weighing down your company’s finances? Are you unsure about whether your financial team and technologies are providing the in-depth information that is needed to guide expansions, changing priorities, or strategies? A Financial Health Check from Encompass Solutions can answer the questions you have about your ERP help you plan for sustained financial health and support business growth. Taking the first steps toward optimized financial processes is easy — simply fill out our online contact form.

12
Jul 2024
43

The Truth about AI in ERP Automation

Artificial intelligence (AI) is a broad term attached to various Enterprise Resource Planning (ERP) services for manufacturing automation.

The Truth about AI in ERP Automation

Artificial Intelligence, Automation, Blog, ERP , , , , Cameron Long

Artificial intelligence (AI) is a broad term attached to various Enterprise Resource Planning (ERP) services for manufacturing automation. These AI-powered ERP solutions aim to enhance efficiency, streamline processes, and provide valuable insights for manufacturing operations. By leveraging machine learning algorithms and predictive analytics, AI-enhanced ERP systems can anticipate potential issues, optimize resource allocation, and automate routine tasks. Integrating AI in ERP technology empowers manufacturers to make data-driven decisions faster, adapt to market changes more effectively, and maintain a competitive edge in an increasingly digital industry landscape.  Having introduced AI’s role in manufacturing automation, let’s delve deeper into its integration with ERP systems such as Epicor Kinetic. 

AI in ERP

AI is a predictive computer model that enables programs to contextualize questions or tasks and generate responses based on trained data. Enterprise Resource Planning (ERP) systems, such as Epicor Kinetic, provide customizable, robust software solutions to track information for manufacturing services, financial systems, and efficiency studies. When integrated with ERP systems, AI broadens the scope, improves accuracy, and enhances the efficiency of individual tools offered.  

This connection between AI and ERP creates a powerful platform for businesses to optimize their operations and make data-driven decisions in real-time. This connection of technologies allows companies to automate complex processes, forecast trends more accurately, and adapt swiftly to changing market conditions, giving them a significant competitive advantage.  

How AI is used in Manufacturing

AI is utilized in various tools that automate manufacturing and enhance data accuracy. It sorts through numerous suppliers using specific parameters to find optimal matches and initiate orders. AI analyzes historical data on submitted orders and inventory requirements to provide predictive insights for company preparedness. Additionally, it improves data collection quality for studying production efficiency and status.   

These AI-driven capabilities enable manufacturers to make more informed decisions, optimize their supply chains, and respond swiftly to market changes. Furthermore, AI integration in manufacturing processes can lead to significant cost reductions and improved product quality by identifying inefficiencies and predicting maintenance needs before equipment failures occur.  

Common Myths Surrounding AI

While AI is developing rapidly and powerfully, its output types and scope remain limited. Accurate, targeted AI models require abundant clean, high-quality data. Many companies overestimate their data resources, lacking the volume or quality needed for effective model training. Contrary to common belief, AI doesn’t create information or expand its understanding independently. It requires extensive data because it predicts actions solely based on its accessible information history. Consequently, the more quality data fed to the model, the more accurately it can predict optimal responses.   

Lastly, due to AI’s novelty, businesses seeking customized solutions face a scarcity of quality information and expert assistance. This challenge underscores the importance of partnering with experienced AI consultants who can guide companies through the complexities of data preparation, model selection, and implementation to maximize the benefits of AI integration.  

How AI Can Automate Your Business

Although there are many conflicts and misunderstandings surrounding AI, when used correctly, the added functionality of a trained model is compelling at bringing automation to your business. Products like Epicor Grow and Prism provide models that can interact with suppliers, offer predictive analysis for inventory and production, and provide insights into potential efficiency improvements. Sorting through the vast array of different products, performing a study to determine what needs to be implemented, and executing the physical implementation steps can be a complex undertaking for a busy company.   

As an Epicor premier partner in this field, Encompass Solutions can provide the expertise needed for Automation Audits to understand better your specific needs, as well as continued support through the implementation process to ensure long-term adoption is successful.

How Encompass Solutions Can Be a Part of Your Journey

Encompass Solutions understands how manufacturing automation provides companies with the know-how and services to implement ever-evolving AI tools that enhance productivity.  

  • Expert Guidance: Leading companies through each stage of the ERP implementation process with expertise and best practices. 
  • Customization: Offering direct customization of Epicor’s AI solutions to meet each company’s unique specifications and requirements. 
  • Training: Providing comprehensive training to equip staff with the necessary skills to fully leverage AI functions and capabilities. 
  • Ongoing Consulting: Delivering continuous support and service to address any post-deployment issues or challenges promptly.

Integrating AI in ERP systems represents a powerful opportunity for manufacturing businesses to revolutionize their operations. While the implementation of AI technology comes with its challenges, the potential benefits of efficiency, accuracy, and decision-making capabilities are substantial. Partnering with an experienced consultant like Encompass Solutions can help navigate the complexities of AI adoption, ensuring a smooth transition and maximizing the return on investment. As AI continues to evolve, businesses that embrace this technology will be well-positioned to thrive in an increasingly competitive and digital manufacturing landscape. For more information on how Encompass Solutions can help automation your AI and ERP journey, visit www.oldencompass.sevenagesdesign.com

08
Jul 2024
24
ERP vs. QuickBooks

ERP Vs. QuickBooks: Choosing the Best Solution for Your Business

Accounting might not be a favorite topic, but it’s essential for your team and business. The days of

ERP Vs. QuickBooks: Choosing the Best Solution for Your Business

Blog, ERP , , , , Ashley Limbers

Accounting might not be a favorite topic, but it’s essential for your team and business. The days of relying on spreadsheets are behind us, and many small to medium-sized companies use QuickBooks, a popular accounting program. However, as your business grows, you may outgrow QuickBooks. When should you switch to a more robust solution like Enterprise Resource Planning (ERP) software? This ERP vs. QuickBooks comparison will help you understand the best option to keep your business moving forward.

What is QuickBooks?

QuickBooks is a widely used accounting solution ideal for sole proprietors and small to medium-sized companies, including some manufacturing operations. It offers invoicing, payroll, financial reporting, and basic accounting capabilities. However, it focuses solely on accounting. If you need software for other functions, such as production planning, you’ll need separate solutions that may not integrate well.

QuickBooks works well for small companies with a user limit of 40. It helps businesses keep track of finances, handle taxes, and plan for the future.

What is ERP Software?

Enterprise Resource Planning (ERP) software, like Epicor, is a comprehensive solution that, although more expensive, becomes cost-effective as your company grows. It is designed for larger teams and complex operations, scaling with your success. ERP software handles multiple locations, currencies, and extensive customization options, and integrates various business functions, including manufacturing processes, supply chain, and customer relationship management.

ERP systems manage all your complex operations, reducing errors and redundancy compared to using multiple systems.

When Should You Consider Switching?

QuickBooks is a good solution for smaller businesses, but as you grow, you might need more robust support. Here are signs that indicate it’s time to consider switching to ERP software:

  • You are approaching or have hit the 40-user cap, and scaling QuickBooks further becomes expensive.
  • You use multiple software platforms to manage different parts of your business, leading to mounting errors and inefficiencies.
  • QuickBooks inventory management can no longer keep up with your needs.
  • Employees spend too much time transferring and re-entering data.
  • Data tracking issues arise because information is scattered across different systems.
  • Inventory problems lead to customer service issues.
  • Demand forecasting relies heavily on guesswork.
  • You engage in made-to-order and discrete manufacturing.

Outgrowing QuickBooks can be subtle, but addressing these issues early saves money and boosts employee morale.

What Does ERP Software Offer?

ERP software is customizable to meet your team’s needs, with modular functionality allowing you to add or remove features as necessary. An ERP consultant, like Encompass Solutions, can help navigate your specific needs and implement a tailored solution. ERP software offers:

  • Accounting in multiple currencies, languages, and locations.
  • Cloud-based solutions for accessible business data.
  • Integration of finance, supply chain, and customer relationship management.
  • Real-time data visibility across your organization.
  • Advanced tools for production planning and scheduling.
  • Real-time inventory management for raw materials, works-in-progress, and finished goods.
  • Demand forecasting without guesswork.

ERP software consolidates multiple functions into one platform, simplifying IT management and reducing the need for multiple integrations.

Will You Outgrow Your ERP?

No, ERP platforms are scalable. You can add features and users as needed, with costs increasing reasonably. A consultant can help future-proof your ERP, ensuring it evolves with your company.

ERP systems are tailored to your needs, whether managing international contractors, supply chains, or peak production periods. They allow for growth without losing data, minimizing the risk of human error during migrations.

Can an ERP Integrate with Existing Systems?

Yes, ERPs can integrate with your existing software, allowing smooth data transfer. They are often cloud-based, compatible with various devices, and support remote work.

What If I Like QuickBooks?

In regards to ERP vs. QuickBooks, QuickBooks is excellent for smaller businesses and is user-friendly. If your business remains small, it might suffice. However, growing businesses with expanding teams and formal manufacturing processes may need more comprehensive features.

How to Choose the Right ERP System?

Choosing the right ERP involves assessing your needs, evaluating vendors, and considering your budget. Encompass Solutions can help with ERP solutions designed to streamline manufacturing processes, support growth, and integrate cross-functional teams.

We assist in selecting, negotiating, and supporting the right ERP system for your team. Our custom development services ensure your ERP system is a perfect match, keeping you ahead in your industry.

If QuickBooks no longer meets your growing business needs, contact Encompass Solutions. As an Epicor partner, we provide ERP solutions tailored to made-to-order and mixed-mode manufacturing companies, ensuring your business thrives with advanced support and integration.

Ready to take the next step? Contact us today to schedule a consultation by filling out a form and discovering how our ERP solutions can transform your business. Understanding ERP vs. QuickBooks is crucial for making the right decision for your company’s future.

28
Jun 2024
7

Unleash Operational Excellence Embrace ERP Automation Audit

For those of us in the made-to-order and discrete manufacturing, we know the drill all too well –

Unleash Operational Excellence Embrace ERP Automation Audit

Blog , , , Ashley Limbers

For those of us in the made-to-order and discrete manufacturing, we know the drill all too well – manual processes, workflows, and systems that just don’t talk to each other. These operational headaches act like dead weight, dragging down productivity and diminishing resources. In our ultra-competitive world, inefficiencies like these can spiral into roadblocks, throwing a serious wrench in your ability to stay nimble and keep that competitive edge.

At the root of so many organizational bottlenecks is an underutilized or misaligned Enterprise Resource Planning (ERP) system. These powerful platforms are well-oiled machines that streamline operations and drive efficiency. But when they’re not properly maintained and optimized? That’s when the problems start – complexity piles on instead of processes getting simplified.

That’s where our ERP Automation Audit comes into play. Think of it as getting your operations on the hydraulic lift for a complete diagnostic workup. Our knowledgeable team will meticulously comb through your current ERP solution, pinpointing areas for automation and process fine-tuning. With a deep dive into your ERP landscape, we can identify bottlenecks, redundancies, and missed streamlining opportunities, then prescribe tailored solutions to get you back to peak operating conditions.

The ERP Automation Audit Uncovered

What is an audit? It exhaustively evaluates your organization’s ERP system and related processes. Our laser-focus? Finding where your business can be supercharged through automation and optimization.

It’s a collaborative effort where our specialists work alongside your team. We’ll immerse ourselves in your unique goals, pain points, and operational processes – because each organization is unique. Only through that deep understanding can we customize the perfect approach.

At its core, the audit zeros in on three main targets: simplifying processes, gaining efficiencies, and reducing costs. We’ll review your existing workflows, data management practices, and system integrations. Our mission? Find opportunities to remove inefficiencies and grease the wheels with leaner, more automated solutions.

Why Your Business Needs This in Its Lifecycle

Manual processes and inefficient ERP utilization can rapidly devolve into complexity. Rather than smoothing operations, they create unnecessary roadblocks. You know the fallout all too well: costs spiraling, efficiency plummeting, errors cropping up, data getting duplicated and triplicated. It’s a scenario that plagues businesses across the industrial spectrum.

But it doesn’t have to be that way. An ERP Automation Audit is about aligning your tech capabilities with your strategic objectives. It’s about ensuring your systems are greased for your operational gears, not bringing them to a halt. By identifying and exorcising inefficiencies, you can refocus resources on what matters: growth, customer satisfaction, and outmaneuvering the competition.

Are you trying to scale or roll out new initiatives without a clear view of your current ERP landscape? It’s like renovating a house without understanding the foundation’s condition. The small cracks and instabilities you miss could eventually compromise the structural integrity. Our Automation Audit fortifies that mission-critical foundation by exposing vulnerabilities early before they can metastasize into existential crises.

The Audit Journey: A Roadmap

Our collaborative audit engagement covers the serious ground:

  1. Initial Consultation: We’ll start by meeting with your team to clearly define objectives – from the frontline user perspective to the executive suite. This allows us to set the audit’s scope and focus areas, tailoring our efforts to your unique needs and pain points.
  2. In-Depth Reviews: With a solid grasp of your goals, our experts will dive deep into your current automation setup. We’ll review your– software platforms, process workflows, data management practices, system integrations, data flows, and reporting requirements.
  3. Analysis and Findings: Once we’ve completed that 360-degree assessment of your operations, our team will pinpoint automation opportunities, prioritize interventions, and project implementation roadmaps – giving you a clear line of sight to an optimized future state.
  4. Collaborative Planning: We’ll regroup with your team to lay out our detailed analysis and customized recommendations. It’s a collaborative session for us to discuss best practices and work together to create an actionable implementation plan aligned with your long-term goals.

Your Dividends through ERP Automation Audit

Investing in an ERP Automation Audit is a long-term investment in your operational future. Here’s why:

  • Actionable insights into your current systems and processes that empower data-driven decisions for real transformational change.
  • Tailored recommendations for automation and process refinement, designed to solve your unique challenges and advance your goals.
  • Blueprints for simplifying workflows and removing inefficiencies, liberating resources you can reinvest into growth and innovation. 
  • Guidance for selecting the right automation tools for seamless integration with your existing infrastructure while minimizing disruptions.
  • Harmonization of your tech stack with high-level business objectives, giving you a sustainable competitive advantage.
  • Empowering your team to lead continuous improvement and cultivating an innovation-driven culture of adaptability.

Imagine an ERP system running like a well-oiled machine – processes flowing smoothly, data flowing between teams and stakeholders without a glitch. That’s the kind of operational engine our audit can help build, transforming you into a lean, agile powerhouse.

The Competitiveness

In today’s business world, operational efficiency is more than an ideal – it’s an existential imperative amid burning competition. By prioritizing an ERP Automation Audit, you’re proactively taking steps to streamline processes, reduce costs, and harmonize your tech stack with your strategic objectives.

Envision an ERP system operating with the precision of a finely-tuned synthetic – processes flowing seamlessly, data flowing between stakeholders without friction. That’s the high-performance operational engine our audit can construct, forging your enterprise into a selectively lean and optimized for sustainable growth.

The pivotal question: Where does your enterprise reside along its automation journey? Find out by taking our ERP Automation Efficiency Quiz at https://oldencompass.sevenagesdesign.com/automation-efficiency/. Ditch those inefficiencies and reset your sights on an optimized future state. 

Initiate Your Growth Today

Ready to kick those operational bottlenecks to the curb once and for all? Getting started is easy – fill out the form to be contacted by our team. We’ll schedule a complimentary consultation to discuss your unique needs and objectives. During this conversation, our knowledge team will immerse themselves in the granular challenges you’re facing today.

Don’t let inefficient processes and underutilized tech constrain you any longer. Seize the initiative – optimize your operations and position your enterprise for growth.

28
Jun 2024
6

Top Benefits of AI in Supply Chain Management

As the manufacturing industry navigates an ever-changing and fast-paced market, leveraging AI in Supply Chain Management optimization has

Top Benefits of AI in Supply Chain Management

Blog , , , , Cameron Long

As the manufacturing industry navigates an ever-changing and fast-paced market, leveraging AI in Supply Chain Management optimization has become crucial for gaining a competitive edge. AI is a computer model that enables programs to contextualize different tasks, make decisions, and generate assumptions that typically require human intelligence. It can “learn” and grow its understanding over time through interaction with its hosting interface.

Transition to Epicor’s AI Solutions

Recognizing the transformative potential of AI, companies are increasingly seeking advanced solutions to enhance their supply chain operations. Epicor, a leader in enterprise resource planning (ERP) software, offers innovative AI platforms designed to meet this demand. Through a strategic partnership with Encompass Solutions, a Premier Epicor Partner, businesses can leverage these cutting-edge technologies to streamline their processes, improve efficiency, and stay ahead in a competitive market.

Epicor’s AI Solutions

Encompass Solutions connects the robust Epicor Kinetic manufacturing software with companies that rely on it to enhance the efficiency of their internal systems. To keep pace with the rapidly changing environment, Epicor and Encompass are working with individual companies to implement generative and predictive AI, streamlining the connection between suppliers and manufacturers. This integration enables efficient and effective operations with minimal human involvement.

Epicor’s specific AI platforms, Prism and Grow, integrate seamlessly with their Kinetic ERP software, providing a conversational approach to system programming and data-driven decision-making. Companies can partner with Encompass to implement, customize, and maximize these AI solutions, empowering their businesses through the implementation process, direct customization, staff training, and ongoing support.

Benefits of AI in Supply Chain Optimization

Generative and predictive AI streamlines the connection between optimal suppliers and manufacturers by automating processes, reducing the need for manual effort. Here are some key benefits:

  • Automation of Supplier Sorting and System Programming: AI automates these processes, cutting administrative costs and time.
  • Enhanced Efficiency: AI-powered demand forecasting, inventory optimization, and bottleneck identification limit delays and boost efficiency.
  • Actionable Recommendations: AI provides customized, actionable recommendations, reducing complexity and required expertise.
  • Data-Driven Decisions: Epicor’s Prism AI facilitates smarter decision-making through conversational programming and data analysis.
  • Predictive Analytics: Grow leverages historical data to forecast future supply chain requirements precisely, enhancing efficiency, agility, and precision with minimal human intervention.

This AI-driven approach allows companies to gain a competitive edge by quickly responding to market changes and customer demands.

Introduction to Epicor AI (Prism and Grow)

Epicor’s core AI platforms, Prism and Grow, offer a powerful combination of generative and predictive capabilities to optimize the entire supply chain:

  • Prism: Integrated into Epicor’s ERP software, Prism provides a seamless user experience with conversational AI. It acts as an action-oriented chatbot, enabling natural language interactions for programming and supplier access.
  • Grow: This platform focuses on predictive analytics, connecting inventory, orders, and sales data to forecast supply chain requirements. It unlocks large-scale data access and analysis, deriving insights from disparate data sources without direct interface interactions.

How Encompass Solutions Can Help

Encompass Solutions Inc., the Premier Epicor Partner, provides comprehensive support for companies adopting Epicor’s AI-powered solutions. Their services include:

  • Expert Guidance: Leading companies through each stage of the AI implementation process with expertise and best practices.
  • Customization: Offering direct customization of Epicor’s AI solutions to meet each company’s unique specifications and requirements.
  • Training: Providing comprehensive training to equip staff with the necessary skills to fully leverage AI functions and capabilities.
  • Ongoing Support: Delivering continuous support and service to address any post-deployment issues or challenges promptly.

One notable success story is Epicor’s partnership with the Visa Cash App Red Bull Formula One Team. They integrated Prism, their generative AI, within the Kinetic manufacturing software to optimize production and supply chain management. Prism connects to the supplier market, allowing the team to reach out to a vast pool of suppliers quickly, sort them based on specified parameters, and independently engage selected vendors. This capability enabled the team to procure highly customized parts rapidly while limiting manual labor.

  • Speed and Efficiency: Weeks’ worth of supplier research and procurement efforts were condensed into minutes through AI-driven automation.
  • Flexibility: Rapid adjustments and flexibility in adapting to evolving production requirements and process changes were enabled.
  • Intuitive Interface: Actionable programming and execution were facilitated directly from Prism’s user-friendly interface.

Leveraging AI in Supply Chain Management optimization with Epicor’s Prism and Grow platforms, supported by Encompass Solutions, empowers companies to streamline operations, reduce costs, and enhance efficiency. This technological advancement positions businesses to respond swiftly to market demands and maintain a competitive edge in the manufacturing industry. For more information about AI and automation in supply chain management visit www.oldencompass.sevenagesdesign.com

19
Jan 2024
8

Encompass Solutions’ Spirit Award: A Tribute to Jonathan Cleveland’s Outstanding Contribution

Blog , , Ashley Limbers

Since the Spirit of Encompass Award was launched in December 2022, it has become a symbol of recognition for employees who consistently exceed expectations in their roles. This year, we proudly present the award to Jonathan Cleveland, our Advanced Support Analyst.

Established by our managing partners, the Spirit of Encompass Award allows peers to nominate their colleagues who truly embody our corporate ideals. It is a testament to those individuals who demonstrate integrity, innovation, and helpfulness in their pursuit of delivering exceptional customer service. By remaining peer-nominated and confidential, the votes shed light on efforts that may not always be apparent through traditional metrics such as accounting and timesheet totals.

Having dedicated three years of his expertise to Encompass Solutions, Jonathan has proven to be an invaluable member of our team. His peers admire his unwavering willingness to assist, regardless of the situation, with comments like, “Always willing to help, always kind and responsive. Highly skilled and dedicated.”

“Not only have I seen Jon go above and beyond with every client interaction, but he has also done the same for me as a colleague in every instance. I may not have been at Encompass long, but Encompass would be a much lesser place without him in every aspect.”

“Every time I have a challenge regarding a customer tech issue, he has been able to either solve it or point me in the right direction. He seems to learn and not forget. His patience is amazing and he never stops until he has a solution.”

“Jonathan embodies many traits that I believe are necessary to be successful (especially in our role as service providers), and importantly, someone people can depend on and will think of positively when they ‘get’ (not have) to work with him! Among many other characteristics, he’s friendly, prompt, courteous, takes ownership of issues, and is thorough and accurate in how he handles his work. That’s not to say others don’t have these and other great traits (they do, that’s what makes our team so wonderful), but Jonathan has done an exceptional job this past year!”

“Jonathan always steps in no matter where needed. He’s on the phone with a customer or leading an internal call with a consultant. He multi-tasks better than anyone I know and deserves the SoE award this year because what he does is not always part of his job description.”

“Jonathan goes above and beyond not only as an employee but also as a human being. He is constantly helping with various tasks and things that are nowhere near his job description and does so without complaint. He’s always friendly, gives just about everyone a reason to laugh, and is truly knowledgeable about what he does. Encompass would be a very different place without him, and getting to know him has been a joy!”

Upon receiving the Spirit of Encompass Award, Jonathan expressed his gratitude, saying, “Being honored with the Spirit of Encompass Award has been an incredibly humbling experience. The individual recognition holds deep meaning for me, and I am truly grateful. I am committed to giving my best to my peers, our clients, and Encompass as a whole.”

Well done, and many congratulations to Jonathan!

18
Jan 2024
10

Closing the Gap: Okeanus’ Epicor ERP Journey to Success

Before embracing Epicor ERP, Okeanus encountered many hurdles. Replying on Quickbooks created silos between finance and manufacturing, hindering

Closing the Gap: Okeanus’ Epicor ERP Journey to Success

Blog, Case Studies , , , , , Ashley Limbers

Before embracing Epicor ERP, Okeanus encountered many hurdles. Replying on Quickbooks created silos between finance and manufacturing, hindering operational efficiency and internal collaboration. Learn how Epicor Kinetic Cloud closed the gap between departments and aligned the parent company and its subsidiaries.

15
Dec 2023
26

7 Reasons Why Manufacturers Recommend Epicor ERP Software

If you work in the manufacturing industry, you understand the importance of staying ahead of the competition. When

7 Reasons Why Manufacturers Recommend Epicor ERP Software

Blog, Epicor , , , Ashley Limbers

If you work in the manufacturing industry, you understand the importance of staying ahead of the competition. When it comes to reliable and efficient enterprise resource planning (ERP) solutions, Epicor Kinetic is the ultimate choice. Created by manufacturers for manufacturers, it is a shining example of innovation and effectiveness. Now, let’s delve into why Epicor ERP software is the preferred solution for manufacturers.

Tailored for Manufacturing

Epicor Kinetic is not just any ERP for manufacturing, but a premier solution that has been designed to the specific demands of manufacturers. With its comprehensive suite of features, Epicor Kinetic is designed to match the complex processes that are typical in the manufacturing industry. From advanced supply chain and financial management to nuanced human resource and inventory control, every component is integrated seamlessly to enhance operational efficiency.

What sets Epicor ERP software apart is its industry-specific focus. This ERP system is not a one-size-fits-all solution, but rather a strategic tool that is fine-tuned to optimize every facet of your manufacturing operation for peak performance. Epicor Kinetic understands the multifaceted challenges of the manufacturing industry and addresses them with seamless integration and functionality that resonates with the day-to-day realities of the industry.

Comprehensive Supply Chain Management

By leveraging the power of Kinetic, manufacturers can overcome the unique challenges they face. Whether it’s managing complex supply chains, ensuring financial stability, optimizing inventory management, or streamlining quoting and sales processes, Kinetic offers tailored solutions that address these specific needs. With its industry-specific design, Epicor Kinetic enables manufacturers to achieve operational excellence and stay one step ahead of the competition.

Advanced Financial Management

The integration of advanced supply chain and financial management modules ensures that manufacturers have complete visibility and control over their operations. By streamlining supply chain processes, Kinetic enables manufacturers to enhance coordination, reduce disruptions, and boost overall efficiency. This not only leads to cost savings but also contributes to improved customer satisfaction and increased profitability.

In addition, Epicor Kinetic’s advanced financial management capabilities provide manufacturers with a clear and controlled view of their company’s financial well-being. By going beyond basic accounting, Kinetic offers streamlined processes and extensive reporting capabilities, enabling manufacturers to make financial decisions based on solid data. With efficient financial tracking and management, manufacturers can reduce risks, improve profitability, and ensure that every decision contributes positively to the company’s bottom line.

Effective Inventory Management

When it comes to inventory management, Epicor Kinetic is a leader in the industry. Its advanced tools provide manufacturers with real-time visibility of stock levels, allowing them to avoid situations of excess or shortage. With precise control and accuracy, manufacturers can strike the right balance between inventory costs and production demands. Moreover, Kinetic enables better forecasting and planning, leading to more efficient resource utilization and reduced waste. By optimizing inventory management, manufacturers can ensure that they have the right materials at the right time, supporting continuous production and timely order fulfillment.

Enhanced Quoting and Sales Features

Quoting and sales are critical functions for manufacturers, and Epicor Kinetic simplifies and enhances these processes. With its intuitive interface and accurate costing capabilities, Kinetic allows sales teams to respond swiftly and effectively to customer inquiries and evolving market demands. Manufacturers can customize quotes to cater to specific customer needs and preferences, improving the overall customer experience and boosting sales success rates. By avoiding underpricing or overpricing scenarios, Epicor Kinetic helps manufacturers maintain competitiveness in the market and achieve sustainable growth.

Robust Analytics and Reporting

The robust analytics and reporting capabilities of Epicor Kinetic provide manufacturers with critical insights into their business performance. By analyzing productivity, profit margins, and operational workflows, manufacturers can make well-informed decisions and identify areas for improvement. This data-driven approach is crucial for staying competitive in today’s rapidly evolving manufacturing sector. With Kinetic, manufacturers gain a deeper understanding of their business, enabling them to identify trends, pinpoint inefficiencies, and uncover growth opportunities.

Flexibility and Adaptability

Flexibility and adaptability are essential in the fast-paced manufacturing market, and Epicor Kinetic excels in these areas. Its flexible deployment options, whether on-premise, hosted, or cloud-based, allow manufacturers to choose a solution that aligns with their operational needs and future growth plans. This level of customization ensures that as businesses evolve, Epicor Kinetic evolves with them, seamlessly integrating with new processes and technologies. Such flexibility is invaluable for manufacturers looking to scale, innovate, and stay agile in a highly competitive market.

Epicor Kinetic: Discover the Difference Today

In conclusion, Epicor Kinetic is not just an ERP system; it is a strategic partner for manufacturers on their journey to operational excellence. With its industry-specific design, comprehensive features, and focus on optimization, Epicor ERP software empowers manufacturers to streamline operations, boost productivity, and drive growth. Discover the power of Epicor Kinetic today and unlock the full potential of your manufacturing business. Visit www.oldencompass.sevenagesdesign.com to explore how Epicor Kinetic can transform your operations and help you stay ahead of the game.

30
Oct 2023
16
business man with tablet in manufacturing

How Epicor Multi-Site Management Streamlines Operations for Manufacturers

If you’re a President, CEO, CFO, or CIO of a company with multiple locations, you know how challenging

How Epicor Multi-Site Management Streamlines Operations for Manufacturers

Blog, Epicor , , , Ashley Limbers

If you’re a President, CEO, CFO, or CIO of a company with multiple locations, you know how challenging it can be to manage numerous sites and companies. The struggle is real—scattered transaction records, resource allocation headaches, and the ever-present need to meet customer expectations.

But what if there was a way to simplify all this complexity? Today, we’re discussing Epicor’s Multi-Site Management module, an add-on to the Epicor ERP software. Let’s dive in.

The Challenge: Multi-Site, Multi-Company Operations

Managing a multi-site, multi-company operation can feel daunting. Let’s break down the complexities:

  • Scattered Records: When your business has multiple locations, your transaction records can end up disjointed. It’s not just about invoices and purchase orders. We’re talking about employee records, customer data, and inventory levels. This scattered information makes it difficult to get a unified view of your operations, leading to inefficiencies and errors.
  • Resource Needs: Allocating resources becomes hectic. You need to consider labor, materials, and even energy resources across different sites. Each site might have its demands, and balancing those needs without a centralized system is a logistical nightmare.
  • Legal Complexities: Each site could function as a separate legal entity, with its own tax obligations, compliance requirements, and contractual obligations. This adds an extra layer of complexity, as you have to navigate different legal landscapes while trying to maintain a cohesive operation.

So, the challenge isn’t just about managing multiple locations. It’s about maintaining financial integrity, legal compliance, and operational efficiency. It’s a tall order, but not impossible.

The Solution: Epicor’s Multi-Site Management Module

Navigating the complexity of multi-site and multi-company operations is no small feat. But Epicor’s Multi-Site Management Module is designed to be your compass through this complexity.

Unified System

Imagine having a single dashboard where you can manage different companies and oversee intercompany operations. That’s what Epicor offers—a unified system that brings all your scattered records into one place. It’s like having a command center that gives you a bird’s-eye view of your entire operation.

Financial Control

Financial oversight is crucial when you’re operating on a large scale. Epicor allows you to exercise financial control across all sites, ensuring that your budgets are adhered to and your financial goals are achieved. It’s like having a financial advisor embedded in your ERP system.

Flexibility

One size doesn’t fit all, especially in the manufacturing industry. Epicor gets that. That’s why they offer the flexibility to choose between cloud-based or on-premises solutions. Whether you’re a cloud expert or prefer keeping things in-house, Epicor has you covered.

Key Features

  • Intercompany Transactions: The module allows for seamless transactions between different companies within your organization. Therefore, no manual reconciliations or data entry errors.
  • Centralized Data: Access all your financial data, from invoices to inventory levels, from a centralized dashboard. This makes data-driven decision-making easier.
  • Customization: Every business is unique, and Epicor understands that. The system can be tailored to meet your specific operational needs, ensuring the solution is as unique as your challenges.

So, if you’re looking to streamline your multi-site, multi-company operations, Epicor’s Multi-Site Management Module is the toolkit you’ve been searching for.

Real-World Applications

Imagine you’re a manufacturer headquartered in Greensboro, NC, with production facilities and distribution centers scattered across the United States. How does Epicor’s Multi-Site Management come into play?

  • Optimize Inventory: First, you can track your inventory in real-time across all locations. Need to shift excess stock from a facility in Texas to meet a surge in demand in New York? No problem. The system allows you to make these adjustments swiftly, reducing holding costs and preventing stockouts.
  • Streamline Accounting: Managing finances across multiple sites can be overwhelming. Epicor simplifies this by consolidating all your financial records into one centralized system. This makes auditing much easier and ensures you’re always in compliance with local and federal regulations.
  • Enhance Profitability: Finally, the goldmine—profitability. With all your data centralized, you can analyze performance metrics, identify inefficiencies, and implement changes. This data-driven approach enables you to make informed decisions contributing to your bottom line.

So, whether you’re dealing with inventory headaches, accounting complexities, or profitability concerns, Epicor’s Multi-Site Management is the innovative solution you didn’t know you needed.

Why Choose Epicor?

So, you’re convinced you need a multi-site management solution, but why go with Epicor? Let’s take a closer look.

Expertise

Epicor isn’t new to the game, manufacturers build their solutions for manufacturers. With years of experience under their belt, they’ve honed their ERP solutions to meet the unique challenges of the manufacturing industry. They understand the nuances and intricacies that come with managing multiple sites and companies, making them a trusted partner in your operational journey.

Innovation

Stagnation is the enemy of progress. That’s why Epicor is committed to constant innovation. Regular updates mean you’re always equipped with the latest tools and features, ensuring you stay ahead of the curve and your competitors.

Support

Even the best systems can encounter hiccups. That’s where Encompass Solutions comes in. As your support network, they’re there to ensure everything runs smoothly. Whether it’s troubleshooting issues or helping you make the most of the system’s capabilities, you’re in safe hands.

Choosing Epicor is like opting for a triple-threat solution—expertise, innovation, and support. It’s not just about managing your operations; it’s about taking them to the next level.

See It in Action

Managing multiple sites and companies doesn’t have to be a logistical nightmare. With Epicor’s Multi-Site Management module, you can bring order to the chaos and focus on what matters—growing your business and meeting customer expectations.

Ready to take the next step? Contact Encompass Solutions for more information or to schedule a demo with our team. We’re here to help you navigate the complexities of multi-site management so you can focus on what you do best—manufacturing excellence.

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Sep 2023
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ERP for Industrial Machinery Manufacturing

Industrial machinery manufacturing is an ever-growing billion-dollar industry. And it’s easy to see why; it has experienced a digital

ERP for Industrial Machinery Manufacturing

Blog , , , Ashley Limbers

Industrial machinery manufacturing is an ever-growing billion-dollar industry. And it’s easy to see why; it has experienced a digital transformation in recent years, driven by technological advances, increased competition, and demand for higher quality products. As a result, many companies have adopted Enterprise Resource Planning (ERP) for industrial machinery manufacturing to manage their operations better and increase efficiency.

An ERP system is a set of integrated software applications that allow for the automation and integration of data, processes, and resources across an organization. This provides an end-to-end view of business operations, from production to finance. And in the industrial machinery manufacturing sector, ERP systems can bring numerous benefits.

How ERP Offsets Various Industrial Machinery Manufacturing Challenges

The industrial machinery manufacturing sector has various challenges, including maintaining high-quality standards, adhering to regulatory requirements, and keeping up with customer demands. ERP systems can help address these issues by providing real-time visibility into operations, enabling companies to identify potential problems before they become costly mistakes.

Here’s a more in-depth look at the challenges and how ERP software can help offset them:

  • Complex supply chain management. Supply chain complexities like planning, forecasting, and inventory management can be challenging in an industrial machinery manufacturing environment. ERP systems can help streamline these processes and provide accurate, up-to-date information on production and deliveries.
  • Multi-site operations. Gaining real-time visibility into operations across multiple sites can be challenging without the right tools. ERP systems provide centralized access to data and allow manufacturers to get an integrated view of their operations.
  • Customization and engineer-to-order services. The need to customize products and provide engineer-to-order services is a common concern for industrial machinery manufacturers. ERP systems can help streamline the customization process by providing timely information on production progress and customer requirements.
  • Inventory management. Accurately managing inventory levels is essential for industrial machinery manufacturers. ERP systems allow for accurate tracking of materials and components, enabling the organization to identify potential issues before they become costly mistakes.
  • Resource utilization and capacity planning. ERP systems can help industrial machinery manufacturers optimize their resources and plan for capacity needs by providing real-time visibility into utilization rates and production schedules.
  • Inefficient data flow and communication. ERP systems eliminate silos of information and provide a single source of truth for all users. This makes accessing, sharing, and analyzing data across different departments easier.

Other threats that ERP solutions for industrial machinery manufacturing can help address include financial management, quality assurance, data security, regulatory compliance, etc. For instance, ERP software can help improve financial management by providing insights into cash flow, overhead costs, and profitability. On the flip side, it can also help ensure compliance with quality and safety standards, as well as control data access.

Industrial Machinery Manufacturing Scope and Products that May Benefit from ERP Systems

It’s a world of endless possibilities, from printing presses, automotive equipment, machine tools, and robots to aircraft, ships, and industrial machinery. ERP systems can help these companies manage their operations more efficiently while ensuring compliance with regulations.

Other products that may benefit from ERP systems include:

  • Machine tools (latches, milling, CNC). ERP software can help streamline the maintenance process and reduce downtime by providing accurate data on parts, repair schedules, and usage.
  • Construction equipment (cranes, bulldozers, excavators). You need your equipment in perfect condition to complete your projects on time and within budget. ERP software can help you manage maintenance schedules, track parts, and check for defects.
  • Packaging machinery and materials. ERP software can help you manage your inventory more efficiently and reduce costs by providing real-time visibility into stock levels, usage rates, and delivery times.
  • Material handling equipment (forklifts, conveyors). Nothing interrupts production like faulty machinery. ERP systems can help reduce downtime by providing timely information on maintenance schedules, parts availability, and repair costs.
  • Agricultural machinery (tractors, combines). Don’t let preventable breakdowns slow down your operations. ERP software can provide accurate data on parts, maintenance schedules, and usage rates to keep your equipment running smoothly.
  • Industrial robots and automation equipment. As robotics and automation become more complex, proper maintenance and operation are essential for optimal performance. ERP software can provide real-time tracking of machine health to identify potential issues before they cause costly downtime.

Other industries, such as medical device manufacturers, mining equipment, printing & paper, and food processing companies, can also benefit from ERP systems.

Benefits of ERP Solutions for Industrial Machinery Manufacturing

ERP systems can help industrial machinery manufacturers reduce operational costs by streamlining processes, improving efficiency, and automating repetitive tasks. Furthermore, they can help companies better manage their inventory by providing real-time data on stock levels, usage rates, and delivery times.

Below is a quick review of the top ERP benefits:

  • Improved manufacturing processes. ERP systems can help improve production speed, reduce waste, and lower costs by eliminating manual processes and errors.
  • Better customer service. ERP software can provide real-time visibility into orders, stock levels, and delivery times, helping you meet customer expectations and increase satisfaction.
  • Reduced labor costs. By automating tedious processes, such as inventory tracking and order processing, ERP systems can help you reduce labor costs and maximize productivity.
  • Increased precision. ERP software can help you manage and track tasks more accurately, ensuring the right tasks are done at the right times. This can help reduce errors and increase efficiency.
  • Enhanced safety. ERP systems can provide comprehensive tracking of safety protocols and procedures, reducing the risk of accidents and keeping your workers safe.
  • Boosted overall productivity. By streamlining processes and automating tasks, ERP systems can help increase overall productivity and help you stay competitive.

ERP Tech Trends and Innovations that Will Revolutionize Industrial Machinery Manufacturing

As industries seek efficiency gain, the demand for innovative machinery and equipment remains strong. Here are a few ERP tech trends and innovations tipped to keep the fire burning:

  • Cloud ERP: Cloud ERP systems are revolutionizing how industrial machinery manufacturers manage their operations. By using cloud-based solutions, companies can reduce costs, increase efficiency, and gain real-time visibility into their data.
  • Industry 4.0: The fourth industrial revolution is upon us, and with it comes a new era of connected technologies and digitalization. To stay competitive in today’s market, industrial machinery manufacturers must embrace the latest Industry 4.0 technologies, such as AI, big data analytics, and the Internet of Things (IoT).
  • Integrated systems: As companies increasingly rely on connected systems, ERP solutions must be able to integrate with existing systems and processes to provide a comprehensive view of operations. Through integration, companies can gain a more accurate picture of their data, allowing them to make faster, smarter decisions.
  • Data-driven decision-making: Thanks to advances in analytics, companies can now use data-driven insights to make more informed decisions. By leveraging predictive analytics and AI, industrial machinery manufacturers can identify potential problems before they occur and take proactive action to prevent downtime.
  • Sustainability: Sustainability is becoming increasingly essential, and industrial machinery manufacturers must ensure their processes are optimized for efficiency and sustainability. ERP systems can help companies track and manage resources more effectively, reducing emissions and improving their overall environmental impact.

Ready to Upgrade to a Premier ERP Solution? Encompass Can Help!

ERP systems are essential for industrial machinery manufacturers, helping them streamline processes, reduce costs, and stay competitive. By leveraging the latest advancements in ERP technology and embracing Industry 4.0 solutions, companies can benefit from improved efficiency, increased precision, enhanced safety, customer service, and sustainability. As innovative machinery and equipment demand remains strong, investing in a comprehensive ERP system is essential for success.

At Encompass Solutions, we’re a certified Epicor partner and value-added reseller (VAR) committed to helping manufacturers find the right ERP solution for their needs. We offer a range of ERP solutions, including best-in-class ERP software solutions and custom development services to help you get the most out of your ERP system. 

Ready to learn more? Contact us today to talk to one of our experienced consultants. Better yet, download our guide, 7 Ways ERP Can Transform Your Manufacturing Business, today.

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