Hi-tech Manufacturing
HI-TECH MANUFACTURING
Today’s global environment has placed increased pressure on Hi-Tech manufacturers to become more competitive and profitable. Global outsourcing activities have increased in importance and have increasingly emerged as a key strategic tool in achieving cost reduction, quality and delivery improvement, cycle time reduction, and improved responsiveness to customer, competitive, and financial market demands. It is estimated that a well planned and executed global outsourcing strategy can result in a cost savings differential of 15 to 25 percent when compared to manufacturing in-house.
Using external suppliers to design, manufacture, ship and service products or components – has been a growing trend in recent years as Hi-Tech manufacturers have sought, among other things, to divest themselves of some production capacity (and the inherent risks associated with owning capital equipment), lower their labor costs and maintain greater flexibility in the face of ever-shrinking product lifecycles.
Sage Manufacturing Solution enable high-tech manufacturers to make rapid, accurate decisions using real-time data from internal operations, as well as suppliers and customers, to more effectively meet customer demands and lower costs. A Sage 300 ERP manufacturing and distribution system is able to help you manage your manufacturing and distribution resource that open visibility to your suppliers around the world.
Careware understands the hi-tech industry and its pressing challenges. Careware has enabled its clients to gather and synchronize real-time information across the entire supply network. We have empowered and enhanced their competitive edge by drawing from our technological expertise and business experience.
Challenges in Manufacturer and Distributors:
- Large stock holding cost resulting from theft, stock obsolesces, slow moving stock and overstocking.
- The risk associated with slow delivery and cancel order.
- The risk of shortage of raw material in your supply chain and production cash flow shortage.
- The need to compete with countries with cheaper labor.
The quality and speed in obtaining relevant business data such as,
- product mix
- customer buying pattern
- margin analysis
To integrate, and to synchronized the cooperation among all operational units such as,
- Production and procurement
- Sales and distributions
- Warehouse management
- Operation and finance
- Credit control
WHY SAGE SOLUTIONS FOR HIGH-TECH MANUFACTURERS?
Improve supply chain management
- Increase visibility throughout the supply chain
- Track and manage yoaur warehouse and inventory levels
- Make fast and accurate decisions based on real-time and on-line data
Cut time-to-market
- Connect customer demand requirements directly to manufacturing, suppliers, and distribution
- Shorten development cycles by integrating product development with manufacturing, accounting, purchasing, and suppliers
- Increase product innovation through collaboration with customers and suppliers
Enhance collaboration
- Gather customer information and integrate it with decision making
- Speed product development with collaboration tools
- Integrate design with manufacturing systems
- Gather customer information and integrate it with decision making