Leading IT Specialist backs PWC Market Report
PricewaterhouseCoopers recently issued a guide to its clients outlining the ten fundamental priorities to managing a business throughout the downturn.
Amongst the recommendations was the importance of having quick access to reliable and accurate management information.
The report stressed that clearly defined KPIs are essential and speedy decision making has to be based on facts.
The view of the big four accountancy firm is backed by Tony MacBride of Berkeley Myles who believes that investing in production control software can help manufacturers survive the current economic downturn.
He said: “PWC has correctly identified that in order for companies to make effective decisions, they must have access to accurate reporting & analysis which in the current business climate is critical.”
The managing director insists an effective system can provide this management information and bring significant efficiency savings as well as helping drive new business.
The Glasgow-based IT specialist has developed ProgressPlus software which enables manufacturing companies to streamline, automate and integrate the management and control of both shop floor production and administrative processes.
More than 1200 users throughout the UK and Ireland are benefiting from the system which manages all aspects of process control including sales, manufacturing, stock control, despatch, and invoicing.
Key features of the system include its flexibility, robustness, ease of use and its ability to provide full traceability throughout the lifecycle of the production process.
A number of users have claimed that ProgressPlus has helped them to dramatically improve their reporting methods and become fully-compliant with industry quality standards.
“Improving the bottom line is usually about either increasing sales or reducing costs. Implementing strategies to deal with both of these at the same time can be difficult as they often pull in the opposite direction,” said Tony.
“However production control software can deal with both at the same time. An effective control system can provide superb management information to give users accurate details on costing and efficiencies.”
“At well as business analysis, having a robust system with responsive reporting capability that measures quality standards and provides full traceability can be the key to securing new business.”
“Having such a system in place raises credibility and demonstrates to potential partners that you are serious business that shares common quality standards.”
“It is also a significant differentiator from your competitors and can be the difference between winning and losing crucial business.”