Press Release Summary:
To support process manufacturing, EnterpriseIQ gives manufacturers flexibility to enter bills of material based on formulas where components total 100% or where components can be added based on volume or weight quantities. In addition to repack functionality, included Master Batch manufacturing type offers inventory management with tracking of different grades, revisions, and shelf lives. Solution also supports unlimited user-defined unit of measures and conversion factors.
Original Press Release:
IQMS Enhances Capability to Better Support Process Manufacturing
EnterpriseIQ Allows Grading & Regarding of Formula Calculations for Extensive Batch Management
PASO ROBLES, Calif., April 29 -- IQMS, a leader in the design and development of Enterprise Resource Planning (ERP) software, today announced its enhanced support for the process manufacturing industry with the release of its Master Batch manufacturing type. Master Batch will be best utilized by companies such as compounding or formula based manufacturers that are focused on heavy mixing and blending operations, and require the ability to handle multiple operations in a single routing. Master Batch is one of over a dozen manufacturing types supported by IQMS with EnterpriseIQ, the single- source enterprise software solution designed to provide lean and agile functionality especially for manufacturers.
To best support process manufacturing, ERP systems should give manufacturers the flexibility to enter a bills of material (BOM) based on formulas where the components total 100 percent, or where the components can be added based on volume or weight quantities. EnterpriseIQ from IQMS now supports both methods with the addition of the Master Batch manufacturing type.
Other highlights of the Master Batch manufacturing type include:
-- Comprehensive BOM functionality that provides co-product/byproduct capability, flexible packaging alternatives, flexible batch sizes, yield/scrap calculation, and more
-- Alternative and substitute formulas, BOMs, and routings
-- Unlimited user defined unit of measures and conversion factors
-- Advanced costing decision support such as 'What-if' costing, plus productivity, utilization, and yield analysis
-- Comprehensive inventory management with tracking of different grades, revisions, and shelf lives
-- Support for private label manufacturing
-- Repack functionality
"The manufacture of chemical master batches is considerably complex," explains Randy Flamm, president and founder of IQMS. "With EnterpriseIQ from IQMS we provide complete functionality for various formula calculations as well as grading and re-classification of products. This level of control for process manufacturing is not always available in ERP systems and is seldom available in systems that have the capability to handle other types of non- process manufacturing types such as assembly and fabrication. To remain competitive and successful, master batch manufacturers must optimize their complex operations while still maintaining precise accountability and superior quality. EnterpriseIQ is proven best suited to help all types of master batch manufacturers do just that by providing advanced and feature-rich solutions designed specifically for process manufacturing."
Since 1989, IQMS has been a pioneer in the design and development of ERP software for repetitive, process and discrete manufacturing industries. Today, IQMS provides leading real-time manufacturing, accounting, machine monitoring, quality control, supply chain, CRM and eBusiness solutions to the automotive, medical, packaging, consumer goods and other manufacturing markets. The only complete, single-source enterprise software solution, EnterpriseIQ offers real-time front office, accounting, manufacturing and supply chain management in a single database. With offices across North America, Europe and Asia, IQMS serves manufacturers around the world.
IQMS and EnterpriseIQ are trademarks of IQMS. All other brand and product names are the trademarks of their respective companies.
CONTACT: Daniele Fresca of IQMS, +1-805-227-1122, firstname.lastname@example.org