Production Control Software – It’s All About Return On Investment (ROI)

Selecting a production control software system can be a complex and time consuming process. The business seeking a system needs to determine which has the most synergy with their business. Is it suited to their particular industry? Is it suited to their particular size of company?

There is a vast array of systems on the market that go into manufacturing businesses but they will all have their own specialist areas which they focus on.

PSL Datatrack focuses primarily on subcontract precision engineers and all of the nuances and requirements that they have. There are numerous features built into the system designed for this environment, providing the extra control and details to really add benefit to users.

Our customers range from a one-man band to much bigger businesses (our largest customer employs 95 people). These businesses all have different requirements, including the number of modules and the amount of customised reporting required.

The PSL Datatrack production control software system is well proven and provides a great basis for making a subcontractor’s businesses more efficient. Many of our customers have been using PSL Datatrack for over 20 years.

To compete in today’s marketplace running a business system is a basic requirement but it needs to provide a benefit and not just be a means of producing paperwork. It should add value by reducing administration times and providing valuable information to key decision makers.

As PSL Datatrack is modular, the investment should only ever include modules that the company intends to make use of. Other modules can be added as/if/when business requirements change.

Reliability of the software is always a factor to be considered before investing. Whilst bugs are always a risk to any system, PSL Datatrack is a stable and reliable product that has been evolving for over 20 years. New releases of the software go through version control and full testing before release. There are a huge number of configuration options (over 1200) and these all get carefully, individually tested.

So say you decide to invest in PSL Datatrack – how do you calculate a return on investment (ROI)? The answer is that it’s subjective as it produces nothing physical.

Some customers have estimated a figure. One is quoted as stating that without the system they would have needed two additional administrative staff. Conservatively, even if two individuals only worked part-time, that would still equate to around £25,000 a year. This could be the tip of the iceberg.

Other customers have looked at the overall business benefits of the software. It allows you to respond to customer enquiries quicker, quote quicker and win more business. You then have the ability to process these additional orders in a more efficient and timely manner. Investment in production control software should provide greater visibility of production requirements and provide clear accurate instruction to the shop floor, freeing up time to be ever more productive. These all give unseen cost savings that are harder to quantify.

So now you have thoughts on your return on investment or savings calculation, what comes next?

If you are considering production control software or are interested to find out more about how your investment could be repaid, watch the video below and/or contact us today!