Home

Challenges Manufacturing Businesses Face — and How Tech Can Solve Them

Companies that cannot — or will not — adapt to the world around them are doomed to fail. No industry is insulated from the ceaseless march of time; manufacturing is certainly no exception. So what are some of the biggest challenges facing manufacturing businesses today? What are the tools and solutions that will help them survive?

Read below to find out the five most common challenges, and how business management solutions can help.

Too Many Vital Systems That Don’t Communicate

As businesses grow, they employ a variety of solutions to help rise to the new challenges they face. They might start with an accounting program to handle payroll, then an inventory management system — and before long, they have half a dozen disparate systems that aren’t connected to each other. Data has to be entered manually from one system to another, taking up time and increasing the chance for errors.

Solution: All-in-one business management software.

Spire is a business management solution that provides all of the systems needed to run a manufacturing business from the one place. As the business continues to grow, third party applications can be easily integrated into the program to maintain connectivity and ease of use.

There Are Multiple Business Locations, Making Reporting Difficult

The ability to track data from multiple locations in real-time is key to staying agile and operational in today’s manufacturing world. Accurate reporting is necessary to making positive decisions that drive growth and avoid major losses.

Solution: Real-time inventory management that tracks multiple locations

The tool for this problem already exists in solutions like Spire. You can record inventory and data for multiple locations, all in real-time. Generating reports is easy and gives you the tools necessary to make decisions quickly.

Updating Software Takes Focus Away from the Business

It’s all too common for people to think that updating their software will draw time and focus away from running their operations. While updating systems is a major project, it’s an important one — and one that will give a greater competitive advantage when completed.

Solution: Business management software to streamline operations and increase productivity

Spire is designed to be as intuitive as possible when migrating from other systems. For example, it has a conversion tool to transfer data from Sage BusinessVision straight into Spire, with little downtime needed.

Once the solution is implemented, it will allow businesses to actually focus more on their goals by integrating and streamlining vital processes in the business.

Separate Systems for Materials and Financials, and Payroll

Payroll are important considerations for every business; this is no different for manufacturers. While many inventory management solutions handle the warehousing and stock side of things, they’re still left finding solutions to manage payroll, finances etc.

Solution: : A fully integrated accounting and inventory management software


Spire integrates inventory management software as an accounting software in one solution

Spire contains a full suite of accounting software that covers more than just profit and losses. It gives you control of payroll, helps track hours, and provides real-time data monitoring. With Spire, all of your financial considerations are covered in a single, fully integrated system.