Here’s an analogy to explain what QuickBooks manufacturing software is:
The human body is a marvelous system that requires consistent input of energy, oxygen, water and other nutrients to continue functioning properly.
There are many ways that the system can be thrown out of balance. If the body receives too much energy it will store it as fat, potentially harming the body over a long period of time, if that fat is never burned off.
Too much or too little oxygen can also cause serious damage to the body, shutting off vital brain functions or causing other problems. Too much water can thin out the blood and too little water results in dehydration and loss of strength.
A manufacturing plant is similar to the human body in many ways. If it receives too many parts that are not immediately required, it will have to store them and tie up some of its capital in a non-producing asset. Eventually these parts can be used, unless they become obsolete or out of style.
If a manufacturer runs out of parts, it will have to slow production or even bring it to a standstill until the right parts can be obtained. Both of these problems can be detrimental to a manufacturer’s health and its ability to provide strong customer service.
The good news is that these problems can be prevented with manufacturing inventory software. Combined with QuickBooks, manufacturing inventory software manages all of a manufacturer’s production elements, keeping them in balance. This ensures that production stays at the optimum level.