In the steel and metals industry, estimating and quoting is critical to satisfying customers and protecting thin profit margins. Preparing an accurate ‘time and material’ estimate is fairly straightforward. However, that customer’s quote is based the other business-critical task of job costing. While seemingly similar to estimating, pricing steel fabrication requires a different set of cost considerations. Each … [Read more...] about How to Price Steel Fabrication
Every steel manufacturer, steel service center and steel fabricator has that one person in the office that has been there for years and knows operations inside-out and upside-down. This seasoned expert has a gift for estimating and keeping customers happy. However, how do you know whether the knowledge of this talented employee is stacking up against real-time production costs or profit margins? Are estimates as … [Read more...] about How to Estimate Steel Fabrication
How Does ERP Support Accounting and Finance? Finances are the lifeblood of your business. You and your leaders need access to real-time financial information to make the business-critical decisions that drive profits and growth. There are accounting solutions that can meet basic financial needs; however, a growing business needs more than that. You’ve heard about enterprise resource planning (ERP) and you may be … [Read more...] about How Does ERP Support Accounting and Finance?
How are ERP solutions helpful in forecasting? How many times have you wondered what the next quarter was going to look like, whether sales were peaking or picking up, or if you should take advantage of an opportunity to buy extra inventory? You don’t need a crystal ball to see what the future holds for your business. You just need an ERP solution and here’s why. Outdated Business Systems Make the Future … [Read more...] about How are ERP solutions helpful in forecasting?
How does ERP improve business performance? Whether you are experiencing growing pains now or are anticipating growth in the future, you’ll likely be faced with a decision to implement an enterprise resource planning (ERP) system. With an investment of this size, you have to justify it and might be asking how does ERP improve business performance? That’s a smart question and here are 5 ways ERP will make an impact … [Read more...] about How does ERP improve business performance?
Which ERP Is Best for Manufacturing? The marketplace is booming and you are feeling the pressure to increase manufacturing operations to keep pace with customer demands. You need technology that can support growth, and you might be wondering which ERP is best for manufacturing? While manufacturers do share certain things in common, there are also unique processes that differentiate your company from your … [Read more...] about Which ERP Is Best for Manufacturing?