Advice for small and mid-sized manufacturing companies on how to thrive in competitive environment.
March 1, 2017. Today, manufacturers face high competition, driven by the needs of the ever-more demanding customer. Consumers want their products to be smart, connected and personalized, leaving manufacturers no choice but to work as efficiently as possible to deliver quality goods at the lowest cost possible.
Most manufacturing companies understand the value of information management, and turn to various IT solutions with the hope of finding the magic cure that would influence their overall efficiency. Huge corporations tend to implement expensive platforms, while small ones rarely do anything due to fear of how expensive or time consuming it might be. .
“Due to lack of experience and financial resources, small manufacturing companies are forced to face the “technology zoo”: choosing one of the multiple choices they find online,” says Aurimas Bakas, board member of DocLogix, a European information and business process management company. “This often means onboarding small, non-adaptive products with poor functionality (some CRM, some reporting tool, some ERP system, some risk management system, etc.),” adds Mr. Bakas.
These choices typically do not solve the problem of efficiency, because they are limited, stand-alone applications with no relation to each other.
The secret for optimizing the production chain lies in information-related processes. All the tasks that are separate manufacturing process events are very important for the overall efficiency: how are work hours being reported, how are tasks being assigned, how are contracts, invoices, and production documentation being prepared and delivered, and so on. The unity of these processes can make or break a company. For example, if a company used a time reporting tool instead of manually filling the papers, accounting work hours could be decreased from three hours to one.
Small to mid-sized manufacturing companies should seek to utilize one single system that would connect all of its departments, control and record all processes and encourage cooperation. For instance, DocLogix offers a wide list of ready-to-use solutions, dedicated to performing easy, traceable and automated management of a manufacturing company. DocLogix platform serves as a bridge between management and production teams, enabling all information about the manufacturing and business processes to be available when it is needed and where it is needed. All employees, starting from the CEO, down to production managers and sales people are benefiting from increased accountability and traceability, reduced paper workload, and overall improved performance.
DocLogix is unique because of these advantages:
- Wide list of solutions that cover the entire company. The platform comes with a wide list of manufacturing-related solutions, such as time tracking and reporting, machine maintenance management, contract management, HR management, procurement management, claims management, project management, risk and incidents management and many other solutions.
- Personalization and customization. DocLogix comes with a set of user-friendly built-in tools for customization and personalization – that’s how, even small and midsized companies could have an affordable and personalized manufacturing management platform. DocLogix blurs the line between the customer and the vendor, empowering the customer to be in full control of of the product capabilities.
Looking ahead, the companies that will be able to catch up with the new consumer priorities will be the ones that thrive. Small and mid-sized manufacturing companies have the best chance to adjust to the new reality, where utilizing smart tools is the fastest road to produce smart personalized products.
For more information on DocLogix, please visit the company website.
DocLogix delivers a set of built-in business solutions dedicated to solving issues related to manufacturing documents management, workflows management, invoicing, HR, contracts, procurement and meetings management, project documentation, work orders, inventory and quality management, machine maintenance, risk and incident management, time and expenses tracking and reporting. As a result of continued excellence, DocLogix has been twice selected as the best solution for information management in Europe, at the European IT and Software Excellence Awards, 2015 and 2014. Additionally, in 2016, CIOReview magazine recognized DocLogix as one of the 20 Most Promising Content Management Solution Providers in the world.
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