Manufacturing is all about balance. Managing the supply of materials and parts, production, and storage while fulfilling orders and shipping in a competitive market is a constant challenge. Many manufacturers still rely on outdated software systems, leading to slower processes, supply and demand imbalances, wasted time and materials, and a lack of visibility. 

Why Manufacturers Are Turning to Cloud ERP Solutions 

Modern manufacturing businesses are increasingly adopting cloud-based ERP systems to address these challenges and pave the way for sustainable growth. Recent data indicates that cloud computing spending in Australia is projected to reach US$14.1 billion by 2025, driven by significant digital transformation initiatives and the ongoing need for remote work and automated processes.  

An adaptable solution like MYOB Acumatica Manufacturing can streamline inefficient processes and resolve many issues faced by your business. 

Enter MYOB Acumatica Manufacturing: Revolutionising Operations 

MYOB Acumatica Manufacturing provides unparalleled insights into every facet of your operations. From sales to materials management and production, this platform offers real-time data crucial for informed decision-making.

By capturing total manufacturing costs and enabling precise planning, MYOB Acumatica empowers manufacturers to optimise efficiency and maximise production value. 

Tailored Features for Manufacturing Excellence 

MYOB Acumatica Manufacturing integrates manufacturing, inventory management, and accounting to ensure a smooth flow of operations. With MYOB Acumatica, you can manage raw materials, track production revisions, and maintain financial clarity throughout your manufacturing processes. 

The Future of Manufacturing Management Is Here 

Leveraging cloud-based infrastructure, MYOB Acumatica delivers unparalleled agility and competitiveness. Manufacturers can confidently navigate market shifts and emerging trends, knowing your operations are future-ready. 

Key Features Driving Manufacturing Success: 

• Comprehensive Financial Control: Robust financial management tools, including GL segmentation, cashflow, and budgeting to name a few, ensure complete control over financial aspects. 
• Integrated Management: Seamless collaboration across departments and locations from lead and supplier management to distribution and stock control. 
• Enhanced Automation: Use mobile devices for data capture and access, facilitating real-time insights and agile decision-making on the production floor. 
• Diverse Functionalities: CRM integration, fixed asset management, project-based accounting, multi-company consolidation, and customisable workflows. 

Enhancing Manufacturing Operations 

Bill of Materials and Routing: 

• Integrated Material Management: Connect materials, work instructions, and overhead costs to operations, enabling time-phased release of materials. 
• Comprehensive Bill of Materials: Multiple levels of bill of materials for both engineering and costed views, with cost calculations available at average, standard, and actual costs. 
• Precise Cost Calculations: Factor in tooling costs and overhead costs, including fixed and variable components, for accurate cost assessments. 

Production Management: 

• Holistic Cost Capture: Capture total manufacturing costs comprehensively, including material, labour, machine, tool, overhead, and outside processes. 
• Flexible Scheduling: Optimise production timelines with forward and backward manufacturing scheduling methods. 
• Performance Monitoring: Use detailed reports to monitor and manage performance, comparing actual costs against standard/planned costs across various elements. 

Material Requirements Planning (MRP): 

• Supply and Demand Visibility: Gain a comprehensive view of all supply and demand dynamics, with the ability to create production and purchase orders directly from the planning screen. 
• Multi-level Planning: Ensure all requirements are met, enhancing operational efficiency and smooth production operations. 
• Detailed Planning: Plan every requirement for every item without ignoring critical details. 

Product Configurator: 

• Efficient Order Creation: Streamline order creation by copying or modifying existing configurations, maintaining a history of revisions, and pricing roll-up capabilities. 
• Revision Management: Make multiple revisions of configurations while preserving a detailed history of changes. 
• Accurate Pricing: Determine actual unit prices based on chosen features and options, ensuring transparency and accuracy in pricing. 

Estimating: 

• Comprehensive Estimation: Prepare estimates for existing or custom items, from simple summaries to detailed estimates using bill of material structures. 
• Revision Tracking: Maintain a history of revisions and creators for each estimate, facilitating accurate estimation of labour, material, and overhead costs. 

The Manufacturer’s Advantage with MYOB Acumatica 

MYOB Acumatica is a strategic investment to unlock excellence throughout your operations: 

• Informed Decision-making: Swift decision-making with drill-down capabilities. 
• Increased Efficiency: Streamline processes to boost productivity and resource utilisation. 
• Simplified Financial Management: Navigate multi-entity workflows effortlessly. 
• Enhanced Planning and Coordination: Simplify product management and track designing/assembling activities with precision. 
• Data Visibility: Gain deeper insights into your financials for informed decision-making. 
• Supply and Demand Optimisation: Respond effectively to market changes while optimising inventory and resources. 
• Quality Control: Ensure quality control measures are tracked at every stage. 
• IT Simplification: Minimise IT complexity and costs.

Harnessing the Cloud’s Potential 

MYOB Acumatica’s cloud-based architecture offers unparalleled advantages: 

• Web Accessibility: Access critical information anytime, anywhere, facilitating better decision-making and operational flexibility. 
• Robust Security: Enterprise-grade security and data backup safeguard vital information against threats. 
• Cyberattack Defence: Secure cloud storage solutions mitigate the risk of server-based attacks. 
• Enhanced Monitoring: Monitor financial and productivity metrics efficiently through remote access capabilities. 

Is MYOB Acumatica the Right Fit for You? 

When considering an ERP system, numerous factors come into play, including features, functionality, cost, support quality, and availability. For manufacturers, MYOB Acumatica emerges as a compelling choice, particularly for those engaged in discrete manufacturing and batch processing. 

Its cloud-based architecture minimises reliance on internal IT resources while providing financial predictability. Moreover, MYOB Acumatica boasts robust security measures, reliable data backup, and 24/7 guarded access, ensuring the safety of your business data. 

Ready to Transform Your Business? 

Equip your manufacturing business with the right tools to thrive in a competitive market. MYOB Acumatica Manufacturing helps navigate challenges, reduce inefficiencies, and maximise performance.  

Access financial information, payroll, staff management tools, inventory, and other systems through one simple cloud portal. Customisable dashboards let you see key data at a glance. 

With over 30 years’ experience in Australia and New Zealand, MYOB Acumatica is your trusted ERP technology partner. Ready to step up? Book a demo with our experts at AlphaBiz Solutions to see how we can tailor a solution for your needs.