SYSPRO ERP business software solutions for Industrial Machinery and Equipment Distribution

Machinery today can be highly complex and now, more than ever, you need to leverage modern technology to keep pace with your competition. When industrial machinery breaks down in the field, or supplies run short, it’s up to distributors like you to provide for speedy replacement. The cost of machine downtime can be astronomical in certain industries. How can you deliver equipment as quickly and efficiently as possible – and not lose money along the way? Discover how industrial distribution software from SYSPRO ERP can help transform your operations. With industrial distribution software from SYSPRO providing a 360-degree picture of what’s happening within your business, connecting all divisions, locations and operations, you can deliver products to customers faster with fewer errors, reduce production costs and better manage your business across the value chain.

6 Key Industrial Machinery and Equipment challenges SYSPRO Can help you resolve

$771bn

Industrial Machinery Market size is expected to reach USD 771.59 billion by 2024; according to a new research report.

Plan and manage distribution of inventory and goods in transit

In order to maintain appropriate inventory levels in a distributed warehouse environment, you must be able to plan, distribute, monitor and control inventory moving across your internal supply chain. The SYSPRO Goods in Transit system provides the facilities to create, manage and monitor transfers between multiple warehouses and provides complete visibility to the status and details of in-transit transactions. Used in conjunction with the SYSPRO Sales Order module, the Goods-in-Transit system provides functionality to record backorders in the system for multiple warehouses and to electronically produce the accompanying paperwork. Additionally, via the Material Requirements Planning module, the functionality extends to include distribution requirements planning, thereby enabling planning of production and purchasing to meet current and future distributed warehouse requirements. Order policies at stock code warehouse level accommodate different lot-sizing techniques per warehouse.

Improve sales and customer service

Gain 24/7 access to your business with SYSPRO Mobile technology Manage complex pricing such as contract pricing, volume discounts, promotions and rebates Maximize sales across your organization with visibility into opportunities, pipeline and customer information with CRM Ensure customer satisfaction by effectively controlling the return and exchange of items purchased by customers with visibility and tracking of items until the transaction is concluded

Optimize supply chain management

Control and streamline inventory with tools to improve forecasting and planning, match supply with customer demand Respond quickly to customer and supplier requirements with seamless data interchange between external trading partners and value-added networks Gain visibility across the supply chain by tracking materials from supply chain source through final destination while taking ownership as soon as the voyage is departed Account for customer forecasts, historical sales trends, seasonality and supplier lead times to optimize purchasing decisions Efficiently control the return and exchange of items bought from suppliers, ensuring visibility and tracking of items until the transaction is concluded Understand which suppliers are delivering to your cost, time, quality and other requirements

Streamline warehouse and shipping operations

Improve inventory accuracy, inventory turns and customer service Automate the management of warehouse operations such as physical and cycle counts, picking, put away, replenishment and shipping Reduce warehouse errors and capitalize on improved picking and labor efficiencies through automated data collection Facilitate the creation of warehouses and bin locations to represent both physical and virtual stock locations Support various shipping requirements from small packages to LTL to full truck load shipments Seamlessly integrate with automatic scale and manifesting systems for small package shipping

Enable strategic financial management

Gain visibility into trends with built-in analytics and reporting Support global organizations with multi-language and multi-currency Adhere to International Accounting Standards (IAS) with comprehensive functionality to support GAAP, International Financial Reporting Standards (IFRS) and local regulations around the world Support for global organizations with multi-language and multi-currency support Financial analysis tools enable managers to forecast and perform what-if analysis on financial data Manage revenue, payables, receivables and cash flow efficiently with a comprehensive view of financial data Leverage strong cost accounting by tightly monitoring and tracking all cost elements of a given product

Machinery ERP Software with SYSPRO ERP

Deliver complex engineered products faster with fewer errors with improved management processes for OEM returns, OEM rebates, OEM promotions, OEM warranty claims effortlessly with full tracking and tracing
Foster digital collaboration with customers and trading partners – digitally transform your business so that you can integrate business partners across your supply chain or to other systems, on premise or in the cloud; and leverage the power of Artificial Intelligence and Machine Learning to get rich insights, unidentified trends and anomalies in your business brought to the forefront
Gain visibility and full lot traceability of goods in transit and maximize quality control by tracking materials through receipt, manufacture, assembly, inspection, stocking and final distribution, while maintaining quality assurance certification and tracking expiration dates.
Improve forecast accuracy, pricing and financial control by improving your customer responsiveness from request, quotation, estimation and cost determination. Easily understand your true margins to better negotiate with your customers

Business Critical Solutions

Landed Cost Tracking
In order to calculate landed cost, all factors beyond primary cost of material must be considered and accounted for; so that proper costs are updated and made available for decision making. SYSPRO’s Landed Cost Tracking is designed to address these problems by providing visibility of imported goods through shipment tracking and enables greater control of all associated costs, resulting in accurate landed costs.

Blanket Sales Orders and Releases
An underlying problem for suppliers is the time it takes to action a new release and the ability of management to examine the ramifications of any changes. SYSPRO Blanket Sales Orders provides an effective method of setting up contracts between original equipment manufacturers (OEMs) and their suppliers by providing blanket sales orders with multiple release dates, multiple call-offs and cumulative tracking.

Lot Traceability
It has become increasingly important to be able to locate specific lots of finished goods to speed recalls when a defect or hazard of a particular part has been identified.  SYSPRO Lot Traceability enables you to maximize quality control by tracking products, materials and processes, as well as by facilitating effective recalls.

Preferred Supplier
Procurement and Supplier Relationships have an increasingly important role to play in ensuring Manufacturers and Distributors achieve specific strategic goals. Preferred Supplier is a feature within SYSPRO’s ERP that facilitates and optimizes the management of sourcing strategies for material, and for the recommended selection of suppliers during your purchasing cycle. By establishing and managing strategic sourcing policies in SYSPRO’s Preferred Supplier feature you can decrease your purchasing risk, improve purchasing governance and ultimately achieve cost reductions.

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Industrial Machinery