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Manufacturing
Keep the cost and finance records of your chemical, plastics and rubber production on one platform, from raw material imports and formula-based batch production to lot tracking and stock valuation.
In chemical, plastics and rubber manufacturing, a large share of raw materials is imported and priced in foreign currency. Inputs such as polymers, granules, additives and pigments are blended to a formula, and the same product is made in different batches from different raw material lots. Customers ask for batch-level information, while exchange rate movements keep changing costs and stock value.
In Factorbooks Autonomous ERP, a formula is defined as a production recipe; work orders record raw material consumption and finished goods receipt, and batches are tracked with Serial / Lot Management. Import expenses are allocated to cost through customs clearance allocation, and the Perpetual Inventory System updates stock value with every stock movement. Laboratory analysis, quality control and process data stay in your own systems; data can be exchanged through the API in the Integration Management add-on module.
Follow the raw material cost of each product from work order movements with the production recipe and Production Costing.
Raw materials and finished goods are recorded with lot numbers, and batch details are visible in goods receipt, transfer and shipment movements.
Import expenses are allocated to raw material cost with Expense Allocation / Customs Clearance.
Track foreign currency purchases and sales with multiple currencies and Central Bank rates; exchange rate difference invoices are issued on the same platform.
Compare alternative raw material suppliers with quote evaluation, supplier performance and risk assessment.
With the Perpetual Inventory System and Stock Valuation, stock value appears in the accounts without waiting for period end.
Define formulas as production recipes, open work orders from the production plan and record raw material consumption together with finished goods receipt. Production Costing, Production Performance and production reports are available in SYNTRA and higher packages.
Define polymers, additives, pigments and packaging in kilograms, liters or pieces; Serial / Lot Management tracks each batch separately. Goods receipt, goods receipt returns, warehouse transfers and stock counts are recorded by warehouse.
Open requests for quotation for raw materials, then compare and evaluate supplier quotes. Supplier performance and risk assessment are tracked together with Supplier Management & 360 Analysis.
Import files, letters of credit, shipments and invoices are tracked by file, and import expenses are allocated to cost through customs clearance. Export files and Eximbank loans sit in the same module; an add-on in ERP packages, included in ABM packages.
Multiple currencies with Central Bank rate management, bank movements, cheques and notes run in Advanced Finance Management. Spot, revolving and installment loans are tracked in SYNTRA and higher packages.
The Perpetual Inventory System posts every stock movement to the accounts at cost. Stock valuation, inflation accounting and the inventory list are in General Accounting Management; in ABM packages, accounting and tax run on the autonomous model.
See module coverage and package availability on each module page.
Production planning, bills of materials, work orders, costing and production performance.
Materials, serial/lot, cost allocation, warehouses, goods receipt, e-waybills and stock counts.
Potential suppliers, requests for quotation, quotation evaluation, performance and risk.
Export and import files, letters of credit, cost allocation and Exim loans.
Current account, cash, bank, loan, POS, company credit card, payment, cheque and note management.
Journal vouchers, chart of accounts, inventory valuation, inflation accounting and accruals.
Manage recipe-based production, lot tracking, purchases from farmers and dealer distribution on one platform.
Track fabric and trim stock, style recipes, subcontracting costs and export orders on one platform.
Manage made-to-order production, board and timber stock, order deposits and deliveries on one platform.
Track sheet and profile stock, work orders, raw material price differences and your machine fleet on one platform.
Manage made-to-order machine projects, recipes and work orders, guarantees and exports on one platform.
Manage OEM orders, serial and lot tracking, part costs and foreign currency sourcing on one platform.
We go through your priority processes together, identify the packages and modules that fit your needs and prepare your annual quote.
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We prepare an annual quote that fits your needs.
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