With the uncertain global economic climate and customer defaults looming as an ever-present threat, strategic credit management is more important than ever for the success of businesses in the metals industry. Self-insurance, letters of credit, and credit insurance are all commonly used methods to mitigate trade credit risk, each of which can be valuable in certain circumstances. Financial executives should weigh the costs and benefits of these options carefully to determine the best fit for their company. This white paper: A Guide to Credit Insurance evaluates the pros and cons of each solution and helps you determine which one is the best fit for your business.
Did you know by implementing ERP software applications there will be a year after year 400-500% ROI on the purchase of the software? ERP software can deliver significant benefits for the manufacturing industry through a combination of applications that will meet the needs of your organization such as: Lower setup costs, reduced cycle times, increased on-time delivery, improved productivity, better customer service, accurate inventory tracking and reduction in administrative overhead.
Today’s global aluminum industry is very competitive; industry participants need a competitive edge and, ideally, a unique niche to remain in business. Geff Wood, Director, GPP (Global Primary Products) IPS Automation Center of Excellence (CoE) Smelting/Casting at Alcoa, explained how his company is using OSIsoft’s technology to improve operational intelligence and reduce process variability. Alcoa’s “SMART manufacturing” initiative employs a connected infrastructure to connect disparate
and/or siloed data sources. In this manner, the company can provide operations and management personnel with the actionable, in-context intelligence needed to make better decisions relative to the company’s extensive
This guide focuses on streamlining the flow of information within Metals, Mining & Materials (MMM) companies
To transform your organization into a more agile, innovative, resilient and sustainable enterprise, effectively managing the flow of information is a necessary platform for success. This guide will address these questions:
• How can you uncover hidden information in your data that you have yet to unlock?
• How can your organization reach fuller rewards from optimization, quality or performance initiatives?
• What are examples of goals that can be achieved by architecting a better flow of information?
A comprehensive enterprise resource planning (ERP) solution can replace multiple IT systems, unify processes and data, and improve efficiency. It provides powerful and flexible functionality tailored to the needs – and budgets – of companies across the metals industries. You gain strategic insight to drive operational excellence and profitable growth and build the foundation for successfully executing business strategies. Read this white paper to find out more and more metals companies are replacing patchwork systems with a single, comprehensive ERP solution to enable and improve enterprise processes, satisfy customer and supplier needs, and streamline mergers and acquisitions.
The metals industry is a cyclical business that rides the ebb-and-flow of raw material pricing and mounting pressure from global competition. The homegrown legacy systems currently in place can’t keep pace with the changing market dynamics. But as metals producers turn to ERP vendors for help, there are industry-specific best practices to take into account. So as not to be ruled by software, the enterprise solution must adhere to the unique qualities of the industry—from order fulfillment to material tracking on the shop floor with level II integration to quality management through load planning and shipping. Only then will a metals producer have a chance at driving down operational costs in order to increase profitability.
The Crowe® Metals Industry Accelerator for Microsoft
Dynamics AX offers metals companies of all sizes the
opportunity to dramatically enhance the way they manage their resources and business processes through a robust, industry-attuned, scalable, and deeply supported ERP solution specifically designed to meet their needs.
New ERP solution offers companies
of all sizes within the metals industry the opportunity to
dramatically enhance the way they manage their resources and business processes. This solution leverages the proven and established Microsoft Dynamics AX platform to provide an industry-attuned and deeply supported solution specifically designed to meet the needs of all types of businesses within the metals industry including producers, processors, fabricators, and service centers.