Packaging
Plastics Molding Technology, Inc. Implements IQMS for ERP Solution
Wednesday 30. July 2008 - Comprehensive Functionality, Manufacturing Expertise Make EnterpriseIQ Perfect Fit
IQMS, a leader in the design and development of Enterprise Resource Planning (ERP) software, today announced that Plastics Molding Technology, Inc. (PMT), a leading custom insert molding company, has implemented its Enterprise IQ LE software package. PMT completed the implementation in five months and is now better equipped to drive lean, efficient operations across its total supply chain. PMT serves the electronic, medical, automotive and consumer appliance industries. The company selected EnterpriseIQ because it delivers comprehensive functionality specifically designed to keep plastics manufacturing lean.
“As part of PMT’s commitment to quality, we operate with a philosophy of continuous improvement,” said Chuck Sholtis, chief executive officer at PMT. “Rapid growth was taxing our previous ERP system, creating internal communication issues and hampering our lean efforts. We needed a robust yet affordable ERP solution that could manage our accounting and manufacturing requirements while still supporting our continued growth. Systems like EnterpriseIQ can help U.S. manufacturers compete worldwide. In fact, we are proud that we export product to China and Mexico. Being a cost effective supplier is increasingly important in the global marketplace, so this investment will yield benefits far into the future. EnterpriseIQ provides the perfect fit because it addresses issues specific to plastic manufacturing such as on-time delivery, order accuracy, quality and pricing, even across multiple cavitations, yet the system is scalable so we can cost-effectively manage our long-term growth and success.”
PMT previously used four separate systems to manage its enterprise operations: a packaged ERP solution for manufacturing; a complex, home-grown, spreadsheet-based system for accounting; a stand-alone system for estimating; and another stand-alone system for production monitoring. PMT has the ideal single-source, single-database system for managing a streamlined manufacturing process utilizing the EnterpriseIQ LE system and using supporting modules like RealTime Machine Monitoring for instant and accurate production data, ShopData a visual front-end to plant floor performance and manufacturing management, and the wireless Warehouse Management System (WMS) to simplify inventory management.
“Particularly in today’s demanding economy, manufacturers need to stay focused on lean manufacturing principles and constantly look for a competitive edge,” explains Randy Flamm, president and founder of IQMS. “In order to remain successful, companies like PMT must optimize operations for efficiency and quality. IQMS is committed to helping companies like PMT succeed in their ever-changing and complex industry by providing advanced and feature-rich solutions designed specifically for manufacturers.”