Horizons International - Process, Discrete and Mixed Mode Manufacturing Software for Microsoft Dynamics GP - finance

By: Horizons International  09-12-2011
Keywords: Raw Materials

Accurate Budgeting for Costs.

Commodity prices for raw materials have rarely been as erratic and unpredictable as they are in current conditions. Additional cost of operations, whether for employee benefits like health care or more mundane areas like energy use a re also affecting margins and profitability. Accurate cost planning through multiple levels of a bill of material or recipe can significantly aid in rapidly understanding actual to plan performance and provide opportunities for process and product adjustments to match changing cost factors. Without integrated tools that match production events to financial data in real time valuable opportunities for awareness and adjustment of margins, pricing and planning will be lost. Horizons Manufacturing Suite integrated to Microsoft DynamicsGP provides real time visibility of materials and non materials cost of production to support either actual or periodic cost manufacturing environments.

More timely and less burdensome end of period reporting.

For manufacturers without fully integrated business systems end of period closing and reporting can be a complex and burdensome process leading to consistency errors and limited visibility of company wide operations for multiple days each month. Such restrictions can affect sales responsiveness and typically lead to monthly production performance that is disproportionately weighted to end of month ramp up, resulting in overtime and other crisis related costs impacting the total business operations.

Cash Flow Management and Inventory Investment.

Challenging economic times bring renewed emphasis on understanding cash requirements and affects of inventory build on cash utilization. Under utilized inventory dollars can be a drag on performance measures across the board and limit an organizations ability to be nimble and flexible in responding to customer and market needs. Integrated views of demand for cash, to cover planned purchases with awareness of manufacturing outputs to deliver sold product, in a speedy and accurate manner can relieve crisis management and make solid planning efforts productive and measurable truly enhancing management ability to respond effectively to the demands of business operations.

Keywords: Raw Materials

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