High-Tech and Electronics is one of the most complex and fastest moving sectors in the world. Vendors are under constant pressure to introduce innovative products that are more appealing, reliable and inexpensive. With finished products typically having a life-cycle of six months or less, and competition coming from around the globe, you need to optimize your planning, production, purchase, sale and after-sales processes to achieve high levels of customer and service demand.
There is an increasing pressure from all areas – consumers, businesses and governments – to look into more eco-friendly manufacturing solutions which comply with the new regulations as well as with the environmental and export laws. See how we provide a single and completely integrated solution to manage businesses in this industry with the comprehensive Beas Manufacturing for High Tech and Electronics.
Benefits Supporting Key Initiatives for this Industry
Companies who utilize both an external PLM or CAD Systems and an ERP software may find themselves entering their Item Numbers and Bills of Materials twice – once into each system.
Double entering data is not only inefficient, but also can create more mistakes and lead to data inaccuracy.
Listening to the pulse of manufacturing to maximize throughput enables manufacturers to respond proactively to problems and reduce downtime in the plant. With increasing bill of material complexity and multi-constraint production resources such as machines, tooling and labor skills, your ability to provide accurate customer delivery dates is getting to be a complex task.
Increasing product complexity and faster cycle times means that you constantly have to deal with changes in BOMs. It’s a management challenge made more difficult by the intense pressure to control costs. Changes aren’t communicated through the supply chain rapidly enough, leading to the wrong revision of a component or excessive scrapping and reworking of products.
"Providing 45 different KPIs and key financials on a monthly basis – took us 1 full-time person over 1 month to generate – with SAP Business One and Beas Manufacturing this is now done in 5 days – a 75% improvement”
Key functions to optimize your planning processes
Quite often, the actual costs of inventory are inaccurate, underestimated and incomplete. While most manufacturers know they have dead inventory, many are unaware of just how much. However, the costs associated with carrying raw materials and finished goods, represent some of the most significant costs for a high-tech and electronics company.
Obsolete inventory carries a very high cost for organizations as it ties up a business’ cash reserves and occupies expensive warehouse space.
The need for manufacturers to focus on compliance and traceability initiatives is increasing significantly across the globe as commercial pressures grow to meet regulatory mandates. By mitigating the risk of product recalls, reducing manufacturing costs and quality controlling end-to-end traceability of processes, organizations will also be able to successfully reduce inefficiencies within the supply chain.
Many organizations today still use manual approaches to traceability.
Understanding your core business operations is, for many manufacturers, the initial step in improving bottom line revenues through greater visibility of office and plant floor operations. Storing your data offline or in separate systems will hugely impact your ability to grow.
When each report takes too much time and you cannot feel safe of the accuracy of the data, your decision-making process becomes a real challenge and you cannot respond as fast to the business needs.
Beas Manufacturing Scales as the Business Grows
Manufacturers will need to be flexible and adaptable to keep up with constantly evolving electronics demands like connected devices and usage of artificial intelligence technologies. As the business grows and changes, manufacturers need a solution that can grow and change with it.
Beas Manufacturing is modular in its design and offers flexibility in deployment as modules can be purchased and "turned on" during appropriate phases of implementation. The key vehicle that transforms Beas Manufacturing for High Tech and Electronics into a successful business solution is our adaptation of SAP AIM (Accerelated Implementation Methodology). We are working with more than 500 partners worldwide and providing them with global support in more than 9 global locations.
At Boyum IT we understand your industry and therefore choosing the right business solution and technology partner is key to your future success. Beas Manufacturing provides the flexibility to operate in a mixed mode environment and can flex with you when your mode of operation changes to satisfy the needs of evolving business. Beas Manufacturing is simplifying your manufacturing process to improve efficiency, while increasing profits.
Extensive Experience in several High Tech and Electronics sectors
Typical customer situation
- Need improved production planning and inventory management
- Lack of visibility of the status of the business
Realized value for the customer
- Better tracking of production costs
- Improved planning and optimization of resources
- Reduced excess inventory
- Faster and more accurate financial reporting
- Increased visibility of business performance
Why Beas Manufacturing?
Largest customer base with 100+ in High-tech & Electronics
Built on industry best practice
Over 16+ years of industry experience
Complete combined solution for SAP Business One
With the widest capacity of 100+ countries
Active in 9 global locations
Working with 600+ partners worldwide
With over 16 SAP Business One awards
“Being a contract manufacturer Beas is the optimal solution for us. With Beas we were able to enhance significantly our manufacturing processes´ efficiency, which helps us being ready for the future."