Published on March 1st, 2019 | by Sunit Nandi
03 Software Solutions That Can Work Wonders For Your Manufacturing Startup
If you have been involved in any way shape or form with a startup business, you’d probably know very well that the startup life isn’t a bed of roses. And to add to that, the fact that the bootstrapped formula which helps many startups achieve success doesn’t really work in the manufacturing industry, means that a manufacturing startup has their work cut out for them from the very get go.
This is exactly why we decided to write this article — so that we can introduce you to some software that can make your life a whole lot easier especially if you are involved in the manufacturing market.
1. Production Schedule Software
One of the most important factors in a manufacturing startup is making sure that the production line goes on unhindered at all times. Now this is no easy task, since it involves keeping a number of factors like human resources, machinery as well as raw materials always available in an adequate manner. In the past this had been handled by managers armed with swathes of pen and paper but now with the help of technology you can automate most of the processes leaving your managers free to observe and optimise the production line. With the help of advanced production schedule software, managers can accurately keep track of raw materials and finished goods inventory, plan workflows and optimize production processes, which means you can save both money and time.
2. Automation Software
While humans definitely have their place especially in parts of the production line that requires ingenuity or dexterity, much of any production process can be safely automated without really any adverse effects. Of course this does come with some hefty capital investments and may not be always a feasible idea, but even in those cases you can rely on software. Especially when it comes to something like inventory management, an automated software can perform much better and without any flaw compared to their human counterparts. On the long run it is cheaper to maintain as well.
3. Accounting
Finances are the backbone of any business and when it comes to a manufacturing environment there is a whole lot of numbers that can quickly add up and confuse you. Having an accountant is obviously the best solution, but that is not always a possibility, since most startups already function within very strict budget constraints. This is where an accounting software comes in handy. Most modern accounting softwares come with a very user friendly graphical interface that can be operated by almost anyone. What’s more is that these types of software are also way more secure than any forms of written notes of transactions. Moreover, having an accounting software also lets you access the data from anywhere in the world, which means something as trivial as a purchase order or releasing the payments of workers wouldn’t have to be done by hand and can also be automated to a certain degree.
Computers and technology are definitely the way forward and it is important that we integrate it into our businesses the best way possible. When operating a manufacturing startup, human error can lead to catastrophic mistakes, so it is better to often let computers run the mundane and daily tasks and let humans just guide them along the way. In fact, in the words of the famous science-fiction author Isaac Asimov — “I do not fear computers. I fear the lack of tbem.”
And it is indeed the technological edge that might prove to be the difference between success and failure for your manufacturing startup.