value for you

Finance

Timely access to the right plant information saves time – and money

As difficult as it is to find and eliminate production losses, it’s even harder to truly understand production costs. Matrix Automation understands the importance of closing the gap between your business and your plants and painting a timely, accurate financial picture.

Matrix Automation's systems control your production processes and manage the touch-points with your plant floor to show you your financial realities.

• You can manage your variable costs and drive your business with the actual data from your plant floor - greatly increasing the timeliness and the accuracy of your business systems. You can then use that information and the agility it empowers in these systems to more accurately match production schedules to customer demand– leaning your inventories, decreasing safety stocks, and being more responsive to your markets.
• You can track planned-versus-actual order status – tracking resource consumption, like materials, energy and utilities usage – to provide an accurate view of costs.
• You can tie these costs to machines, products, order numbers, crews, and shifts for unmatched operational and financial insight.
• You can close your books faster and speed your product releases on finished orders with simpler, timelier access to the information from your production runs.
• And, you can decrease longer-than-expected product launches, reducing time-to-volume on New Product Introductions, and getting your products into your markets faster.

• Manage Variable Costs
• Reduce Inventories
• Limit Warranty Exposure
• Gain Real-time Order Visibility
• Automate Material Consumption
• Release Product Faster

“$27M INVENTORY REDUCTION”

A North American appliance manufacturer leveraged ProductionWare™ to better match production with customer demand to significantly reduce their inventory-carrying burden.