Reasons to Adopt an Integrated ETO Management System


Reasons to Adopt an Integrated ETO Management System		Main
There is no "guesstimating" in today's complex and dynamic engineered to order (ETO) environment. With all the competition for new business, using a multitude of individual spreadsheets is simply a luxury you can no longer afford. If missed estimates and delivery dates hound you, costing you both money and new opportunities, you need to consider a new system, one that has tools to provide information that is precise and timely. With this new system you can be more profitable while keeping your clients satisfied. Even more important, you need to be able to bill your jobs at the earliest opportunity. This is a problem when you have to wait on other people to report to you. You have to wait for reports on hours and assembly costs. Waiting for these and other assessments such as works in progress and production reports ends up costing you valuable time. Waiting for these issues to go through the billing cycle can put you in the position of financing your client, something you want to avoid. You also have to consider the administrative manpower used on each project. This can drive your costs up with the result of driving up your prices, possibly right out of the market. All of these issues can work together to cost you money or business. How exactly do you avoid all of these traps? How can you regain your competitive edge? The answer is simple. You can adopt a fully integrated ETO management system that will allow you to plan, execute and manage all aspects of your project. You can have control from the project's inception to its final delivery. You may wonder how an integrated ETO management system can make the difference and give you the edge you need. Traditional serial manufacturing software does not have the flexibility of integrated ETO management software. ETO software can track and measure your dynamic engineering processes in real time. This enables you to act quickly and gives you the ability to make decisions to change your project's course, keeping it on track and on budget. If you are curious as to benefits from a leading ETO management system, here are a few to keep in mind: • You can produce accurate estimates that are easily modifiable with its powerful estimating tools. • You benefit from being able to collaborate and plan in real time. • You get full procurement cycle management. • You can track all works in process. • You gain flexibility in billing materials management as well as cost change flow through. • You have serial number support. • Your project billing rules are flexible. • Your reporting capabilities are quite extensive. If you are wondering whether you are an engineer to order (ETO) or build to order (BTO) manufacturer, here is a quiz to help answer your questions: 1. Do you make variations of previous products, or is your production always different? 2. Are the designs for your products client driven? 3. What is the time frame for your projects? Three months or several years? 4. When your project is being executed, do you have design changes? 5. Do your projects each require specific purchasing needs? 6. Are your projects complex? Do they require involved planning as well as delivery management? 7. How do human resources figure into your project? Are they a large part of the management and costs? 8. Do you feel to have to constantly monitor your project due to budget and billing considerations? If you answered yes to one or more of these questions, you may want to consider an integrated ETO management software system. JOVACO solFAB Suite is excellent in helping with complex design and development. If you have projects that spread out over a long period of time that require a more hands on approach, this software suite is one to consider. It is designed to help you meet the needs of your clients and can handle the quick revisions you sometimes need to make. And with its adaptability to job specific purchasing requirements and real time tracking of manufacturing costs, all of your bases are covered, leaving you time to concentrate more fully on your client's needs. In today's fast paced competitive world, you really can not afford to stay with old and tired systems that cost you money. No one ever wants to lose money, and in a soft economy it is even more important to stay at the top of your game. Making the switch over to an integrated ETO management software system is a smart move that will keep saving you money over time.

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Views 1855 5-12-2009, 02:11Comments (9)

#1 wrote: Lambo (8 December 2009 00:23)