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AX For Project Based Manufacturing

AX For Project Based Manufacturing

Project based manufacturing is the most complex when compared to other types of manufacturing. Projects often begin as a concept, which later transform to become a reality by combining several assemblies/sub-assemblies with several bills of materials and steering instructions. Project-based manufacturing entails taking the existing standard manufacturing process and segregating the value chain by control, execution and planning. It is used when there is a need for a complex, unique product that requires a specific process to produce efficiently.

Microsoft Dynamics AX provides a vehicle upon which your project could be controlled from concept through to delivery. The software keeps track of status of the project always, plans budget v/s reality, visibility, and calculates realistic timescale for completion. Thus, Microsoft Dynamics AX helps you to maintain an accurate running cost for keeping the project on track.

Program managers must obsessively monitor their budgets as they are faced with the additional costs of special-ordered products. It is key that they measure the differences between the estimated cost and the actual cost and record any variances. If this is done correctly, it benefits highly complex engineer-to-order business and capital projects.

Product Functionality

At the heart of our solution for manufacturing companies is the market leading Microsoft Dynamics AX ERP solution, which provides the control your business requires and the breadth of functionality your products demand. A rich suite of functionality, combined with industry specific functionality allows us to provide you with a solution that manages every aspect of your business:

  • Production Planning and Scheduling

    Production Planning and Scheduling

  • Barcode Data Capture

    Barcode Data Capture

  • Quality Management

    Quality Management

  • Engineering Change Control

    Engineering Change Control

  • Field Service Management

    Field Service Management

  • Stock Control

    Stock Control

  • Material Planning

    Material Planning

  • Project Management and Control

    Project Management and Control

  • Installation Control

    Installation Control

  • Estimate Templates for Quoting

    Estimate Templates for Quoting

  • Customer Relationship Management

    Customer Relationship Management

Project Cost Control from AXtension

Project Cost Control from AXtension

AXtension Project Cost Control is a powerful Microsoft Dynamics AX add-on that enables Project Managers and Project Controllers, working in environments with large critical projects, to see the budget, cost registrations, project progress and estimates at a single glance, in one dashboard with drilldown capabilities. This allows them to be truly in control during the entire project lifecycle.

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5 Critical Areas in Project Based Manufacturing

  • Change is a given. How you and your systems handle it will make or break a company. In project-based manufacturing, embracing and managing change can not only be the competitive differentiator you need, but lead to exceeding a projects financial goals. You need a flexible system.
  • The success of a project-based manufacturer is built around bidding accurately and quickly. Many companies spend significant capital on CRM systems and then turn around and have an extremely manual system for creating quotes that at best approximate. You need a single integrated system to allow for fast, accurate quotes.
  • And last but not least, getting the system in and running so you can start getting the value from it as soon as possible. The system has to be built for you industry and mode of manufacturing. It has to be engineering oriented and inventory centric. The system has to be preconfigured as much as possible for project-based operations. Most importantly, it should be a system that can be rapidly understood and easy to use.
  • You need instant overall project visibility – a Dashboard. A significant amount of a Project Manager’s time is spent reacting to requests for status on shipping and costs unless there’s a single system in place. The cash flow of the company depends on having an efficient and disciplined process for meeting milestones and tracking cost to earned value. Failure in either of these process can be costly and in smaller companies lead to financial ruin.
  • Being able to convert meeting milestones and costs will lead to higher profits and industry leading cash flow. Your ERP system needs to allow you to manage milestones, cost, and earned value and proper revenue recognition.

Related Resources: Project Based Manufacturing

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