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The manufacturing sector requires more than just a traditional accounting system; it needs a fully integrated inventory and production management suite capable of calculating the actual cost of the finished product with pinpoint accuracy ; starting from raw materials, through operating, labor, and energy costs, all the way to the finished goods sitting in the warehouse.
Manufacturing companies deal with goods, which makes inventory management absolutely critical. Whether you run a small business or a multinational enterprise, inventory management is a vital function for any manufacturing company. There are many facets to inventory management, and doing it all manually can be overwhelming. That is why you need a manufacturing-focused inventory management software like Tranquil that can help you streamline operations, reduce costs, and increase productivity.
You must track your inventory across the different stages of production.
Define how much inventory to keep on hand at any given time - how much to order, when to order, and how often to reorder.
Precise and accurate control over inventory management.
Account for production rate, storage facilities, time, and cost.
With Tranquil, you get a real-time, end-to-end view of everything happening inside your factory: Accurate costing for every Work Order and every production batch. Clear profit margins at the product, customer, and segment level. Full real-time inventory tracking across warehouses and production lines. Instant financial and management reports that help you make informed decisions instead of guessing. Make manufacturing decisions based on real data - not estimates - and boost your factory's efficiency and profitability starting today
Pre-builds can combine materials and labor, materials only, or labor only as a single billable item that appears on jobs, quotes, and invoices.
Tranquil's online inventory management software lets you seamlessly split sales into multiple shipments. Send the customer what you already have in stock, and at the same time place an order for the remaining quantity. Then ship the remaining items once you're ready to complete the sale later.
Inventory kitting — also known as "product bundling" — is the process of grouping, packaging, and selling normally separate items together as one unit.
A Bill of Materials can be thought of as the recipe — or DNA — of a given product. A multi-level BOM is essential in manufacturing whenever multiple sub-assemblies are required to produce the finished goods. This feature helps you structure your production flow smoothly so that downstream production isn't disrupted.
Makes it easy to allocate the various resources - raw materials, staff, funds, and equipment - along with the processes needed for the different products you manufacture. Achieve efficiency and lower costs across your manufacturing process, boost productivity, and deliver products on time.
Speed up your manufacturing process by identifying the raw materials, components, and sub-assemblies required, and determining the time needed to assemble finished goods based on the Bill of Materials (BOM) and demand — factoring in what is required, how much of each item, and when it's needed.
All activities — such as every sub-assembly — that must be performed on specific days are laid out, much like a school timetable. This helps you evaluate the production process for finished goods.
Barcodes carry product information such as description, price, expiry date, and more. Thanks to barcode integration in our production management software, items can be easily scanned and automatically logged into the system.
A robust distribution and production inventory management software like Tranquil helps you maintain compliance with regulatory requirements. Tranquil collects and organizes your business data in a structured and accurate way, enabling management to make informed business decisions. Accurate, real-time data gives you a clear picture of your company's financial health.
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