Boost Contract Manufacturing with Genius ERP

A contract manufacturer is a company that fulfills orders from brand owners or original equipment manufacturers according to their design and specifications. Contract manufacturing jobs can range from producing simple components to assembling complex products.

Unlike traditional manufacturing setups, where a company produces its own goods, contract manufacturing offers distinct advantages like cost efficiency, scalability and reduced risks. Despite its benefits, contract manufacturers face unique challenges, including managing multiple customer orders, ensuring timely delivery, and navigating complex supply chains.

An ERP (Enterprise Resource Planning) system is essential for contract manufacturers as it helps them streamline their complex operations. With real-time visibility and collaborative tools, an ERP enables contract manufacturers to meet customer specifications and ensure the timely delivery of high-quality products, ultimately driving efficiency and profitability in a competitive market.

What is Contract Manufacturing?

At its core, contract manufacturing involves a brand owner or original equipment manufacturer outsourcing the production of goods to a specialized manufacturer. This arrangement allows the brand owner to focus on core competencies such as innovation, marketing, and distribution while leveraging the expertise and resources of the contract manufacturer.

Some of the defining features of contract manufacturing are:

• Customer-Centric: Contract manufacturers prioritize meeting customer specifications and delivery schedules, tailoring their operations to accommodate diverse requirements.
• Efficiency: Streamlining production processes and optimizing resource use are crucial for contract manufacturers to remain competitive.
• Quality Assurance: Maintaining excellent quality standards is imperative to uphold the reputation and credibility of both the brand owner and the contract manufacturer.

Top Genius ERP Features for MTO Manufacturing

Juggling multiple customer orders, ensuring timely delivery, upholding quality standards, and navigating complex supply chains are among the key hurdles faced by contract manufacturers.

ERP systems are crucial for contract manufacturers and can improve every aspect of their manufacturing processes. ERPs come equipped with a range of tools tailored to tackle the unique challenges of the industry, ensuring that operations run seamlessly and efficiently. Whether it’s managing orders or keeping tabs on inventory, ERPs are the foundation of the entire operation, ensuring that everything stays coordinated and on course.

For example, ERP systems enable precise tracking and management of raw materials, semi-finished goods, and finished products across multiple customer orders and locations. ERP systems also provide comprehensive tools for cost analysis, budgeting, and financial reporting, allowing contract manufacturers to accurately assess production costs and ensure profitability.

Designed exclusively for custom manufacturers, Genius ERP includes specialized features and tailored support to streamline processes and boost productivity, making it easier for contract manufacturers to excel in a competitive market.

Production Planning

ERP systems play a crucial role in enabling contract manufacturers to streamline their production planning processes. By facilitating efficient scheduling, resource allocation, and workflow management, ERPs empower manufacturers to meet customer delivery schedules.

With Genius ERP, manufacturers can manage all aspects of each job and balance shifting priorities seamlessly within a fully integrated and connected system. Real-time data tracks job progress, allowing manufacturers to identify production bottlenecks and make timely adjustments.

Genius ERP also enables users to measure system performance, monitor timesheets and work order completion, and track costs for each job in the shop or on-site. By providing visibility into every aspect of the production process, Genius ERP empowers contract manufacturers to make informed decisions and drive operational efficiency.

Quality Management

ERP systems are vital in supporting contract manufacturers with quality management processes. Robust quality control modules within ERPs ensure adherence to rigorous quality standards, facilitating real-time monitoring of production processes and streamlining the documentation of quality records.

With Genius ERP, contract manufacturers can implement comprehensive quality control measures at every stage of the production cycle. This includes setting up predefined quality checks and inspections to be performed during manufacturing processes. Real-time monitoring functionalities enable manufacturers to track quality metrics as production progresses, allowing for immediate identification and resolution of any quality issues that may arise.

Purchasing and Supply Chain Management

ERP systems are indispensable for contract manufacturers when it comes to managing purchasing and supply chain processes effectively. ERPs streamline the procurement process, facilitate strategic sourcing, and optimize inventory management to ensure seamless operations.

With Genius ERP, contract manufacturers can streamline their purchasing and supply chain management processes. They can easily generate purchase orders, track vendor performance, and manage supplier relationships within a centralized platform. Real-time visibility and the collaborative tools offered by Genius ERP let contract manufacturers efficiently compare vendors, make informed decisions, mitigate risks, save time, and manage costs effectively.

Take a Virtual Tour of Genius ERP

The right ERP system serves as the backbone of contract manufacturing operations, empowering manufacturers to navigate the complexities of production, optimize resources, and deliver value to their customers with precision and efficiency. Take a Virtual Tour of a manufacturing shop to see firsthand how Genius ERP is built to efficiently handle contract manufacturing operations, providing the tools and insights needed to streamline processes, meet customer demands, and drive sustainable growth.