The manufacturing world is unpredictable. One large order can put a strain on your inventory, labor and resources, while seasonal production cycles can easily have the opposite effect. As a result, preparing accurate budgets for manufacturing plants can be challenging. With so many variables to contend with, and with typically tight budgets for capital expenditures on maintenance and operational equipment, having accurate, real-time insight into current and projected expenses is key to running a successful manufacturing plant.
Preparing an accurate capital planning forecast for a manufacturer requires the right tools to evaluate your plant’s condition and prioritize investments. You need to be able to identify where repairs, refurbishments and replacements are needed, accurately calculate costs and then prioritize projects – all while taking variable materials costs and inventory requirements into consideration. Capital Forecast from Dude Solutions provides quick and easy access to an inventory of parts, materials and assets along with a record of their age and condition. By using this powerful modeling tool, you can better prepare budgets, track cost effectiveness and maximize efficiency between lines, plants and even your entire organization.