Rubber and plastics manufacturers produce a wide variety of products increasingly sourced in smaller quantities from a wider base of customers.Global competition has also increased the pressure to find new methods for profitability. And, ever present is the volatility threat of raw material prices. The main challenge for these manufacturers lies in handling the immense variety of products, and the complexity of producing quality items within existing capacity. Industry reports show that leaders typically have an 85-percent capacity utilization with laggards closer to a 50-percent capacity utilization.
(Includes: injection molders, extruders, film and bag processors, blow molders, thermo formers, and compounders)
With customers demanding more variety, shorter lead times, and lower prices, this industry requires great flexibility while still maintaining precision execution. A manufacturer must always stay vigilant to apply lean practices, and apply tailored solutions to eliminate all waste. Customers also are demanding a closer relationship with easier sharing of information on products, orders, changes and design.
Fortunately, WorkWise ERP software has unique features that address these problems, helping to bring these challenges under control.
Ready to see how our powerful ERP software can benefit your business? Schedule your personalized, one-on-one demo today.