Global Shop Solutions, a global provider of enterprise resource planning (ERP) software for discrete manufacturers, offeres FLOOOM - a software release that takes a step forward in ERP job costing capabilities.
"Too often, individual costing components such as labor and materials get lumped together when determining finished goods costs," said Dusty Alexander, CEO of Global Shop Solutions. "When cost of goods sold starts to creep up for a product line, it can be very difficult to pinpoint which cost components are causing the increase. FLOOOM measures Freight, Labor, Overhead, Outside, Other and Material so our customers can determine their individual costing components with remarkable precision."
With FLOOOM, manufacturers can get answers to critical job costing questions such as:
- How much labor and material went into this part?
- How does the cost breakdown compare with past production?
- Which process needs to be improved to lower costs?
- How will a change in production costs (such as material) affect the financial statement?
In addition to identifying the percentage of each cost component for work in progress, FLOOOM also provides historical tracking capabilities, offering an instant time-lapse view from past to present of every part that has passed through the shop floor. Manufacturers can simultaneously view old quantities and cost, current transaction and cost and new quantity and cost, as well as a complete history of finished goods costs, allowing them to make better management decisions.
"FLOOOM is all about empowering our customers by providing greater visibility of their cost factors," said Nick Knight, Director of Consulting & Implementation at Global Shop Solutions. "The more ways they can look at the data, the greater their ability to fine-tune their production processes to improve the bottom line."
For more information contact:
Global Shop Solutions, Inc.
975 Evergreen Circle
The Woodlands, TX 77380
888-851-1248
www.globalshopsolutions.com