To me, the Harvard Business School case study of Sippican Corporation, a fictional manufacturing company, served as an eye-opener to the often-underestimated role of advanced IT tools in the manufacturing industry.
The manufacturer in the case study distributed its fixed expenses evenly across all product lines. This practice once seemed reasonable. An unexpected truth, however, surfaced when the cost structure was further examined: a product line thought to be profitable owing to large volume was really less so due to labor-intensive needs. On the other hand, a product line that was earlier believed to be a loss-maker was unexpectedly successful because of reduced labor costs.
A few years later, when I was in charge of manufacturing a factory, I saw firsthand the enormous effect that improper cost allocation procedures had on profitability. This experience reinforced the value of cutting-edge IT technologies in delivering the critical information for making strategic decisions and, ultimately, impacting the bottom line of the business.
Small and medium-sized companies (SMBs) have limited access to such advanced technologies, nevertheless. Many were forced to use out-of-date software that was unable to provide the crucial insights required for success. Zeymo was created with the goal of giving SMBs the tools they need for total control and financial success after spotting this gap in the market.
Zeymo ERP is a cutting-edge system made to meet the specialized requirements of SMBs, especially those in the manufacturing and wholesale sectors. A wide range of potent integrated modules are offered by the platform, including those for accounting, inventory, manufacturing, material requirements planning (MRP), logistics, purchasing, and sales.
Zeymo connects with PowerBI for sophisticated analytics and reporting to further improve decision-making. Businesses may use this tool to make data-driven choices, better understand their cost structures, and efficiently track overall performance. The days of acting on a whim are over.
Additionally, Zeymo ERP provides a special 5-in-1 mobile app that is tailored to different organizational responsibilities. With this tool's real-time access to essential data, everyone—from managers to drivers—can make well-informed choices, increasing productivity and cutting down on coordination time.
The case study on Sippican Corporation and my own experience running a plant have taught me a lot, and they highlight the value of cutting-edge IT technologies in manufacturing. We want to make these talents available to SMBs through Zeymo so that we can help them thrive and expand in a market that is incredibly competitive. It has been a thrilling adventure, and we are eager to carry on with our goal of providing SMBs with the resources they need to succeed.