Tariff Management with PBS™ Manufacturing
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Manufacturers may face significant challenges as a result of changing tariff policies. Tariffs raise the price of components and raw materials, which raises production costs.
Some manufacturers may absorb the costs to stay competitive, but this might not be sustainable long-term. Others revamp their pricing strategy as a result of this impact on profit margins.
Navigating marketplace fluctuations, controlling expenses, and maintaining profitability are simplified with an effective manufacturing ERP system.
PBS™ Manufacturing ERP helps you evaluate alternative sourcing options to optimize purchasing and minimize tariff impacts. Automation helps improve productivity by streamlining operations and improving efficiency.
Manual tracking or using an outdated system can be cumbersome and inefficient. PBS™ Manufacturing provides better data visibility, so you can better manage your processes and increase profitability.
PBS™ allows you set alternate vendors in the system to manage sourcing, streamline purchasing, and have materials on hand when you need them.
Cost Picture
PBS ™ Manufacturing helps manufacturers to accurately calculate the true cost of goods and adjust their pricing strategies accordingly.
Many manufacturers rely on a distribution system or a basic inventory system, lacking the capability to obtain a comprehensive cost overview.
PBS™ allows you to monitor costs in real-time, encompassing not only material expenses but also labor, subcontractor costs, overhead, and burden.
You can establish an accurate cost assessment even before production begins. Furthermore, you can enhance your quoting systems to achieve greater accuracy.
Precise manufacturing job costing allows for effective tracking of the actual production costs. This enables you to adjust operational processes and pricing strategies to enhance profitability.
Data Control
PBS™ Manufacturing provides enhanced data control and data integrity, and manufacturers can frequently transform their data into a competitive edge.
PBS™ provides insights into customer trends, helps identify which vendors are more dependable or affordable than others, and enhances visibility across your entire operation.
Any ERP system ought to function as a decision support system, equipping a company with the capability to make swift and precise decisions.
PBS™ SQL or XDBC provide the ability to format and analyze data in nearly any manner that optimizes actionable business insight.
PBS™ can help you with better planning to have materials on hand when you need them, so you can ensure orders are shipping on time.
- On-time Deliveries – better decision support tools, quicker access to key information, order status at your fingertips, and reduction of lead times.
- More Throughput with the Employees you already have – Increase productivity with less effort. Reduction or elimination of redundant data entry, minimizing errors, and improving order tracking and visibility.
- Real Time Costs Tracking – Track fluctuating prices of materials, purchase larger quantities or buy them further in advance, and maintain a preferred vendor as well as alternative sources. Allows you to adjust pricing in time to help loss of margins.
PBS™ Manufacturing ERP is modular in design and integrates with PBS™ Accounting to adapt to your unique needs and processes. You can select only the modules you need and scale up as you grow.
Call 800-969-7900 to learn more about PBS Manufacturing ERP, an affordable yet robust system designed to serve the needs of small to mid-sized manufacturers. Or, contact us – we are here to help.