Partnership delivers the “holy
grail” of job costing by automating
true machine costs for each job run with clear targets for margin improvement
ProShop ERP, the leading supplier of digital manufacturing management systems and Datanomix, the leader in Automated Production Intelligence™, announced a partnership to help manufacturers deliver more insights from their operational data. The first of many new features delivers automated job costing analytics that compare ProShop target takt times for part production to actual part performance at the machine. The ability to compare ProShop targets to Datanomix actual machine times and benchmarks offers complete clarity on gross margin performance on a per part basis relative to machining operations while highlighting where the greatest opportunities for margin improvement exist.
“Partnering with best-in-breed vendors like Datanomix is part of a larger strategy of integrating high-impact sources of data into the ProShop platform,” stated Paul Van Metre, co-founder of ProShop. “We continue to deliver on our vision of being the central platform for all the enterprise, manufacturing data, quality management and manufacturing execution data to our clients. The data and reporting we provide to clients are enhanced and made even more precise with the actual machine data from Datanomix. Our partnership with Datanomix brings two leading vendors together who share the same values relative to the experience we are trying to deliver for manufacturers. And this is just the beginning of the possibilities we’ll deliver to our clients soon.”
A ProShop ERP integration is now available inside the Datanomix platform. By enabling this integration, Datanomix automatically matches part numbers in the machine code to those from the ProShop ERP system and extracts target takt times. These targets are integrated into the Datanomix Quote Calibration Report to quickly identify opportunities for margin improvement by comparing the ProShop target takt times to Datanomix actuals and benchmarks. Pre-packaged filters in the report show exactly which jobs to work on – Biggest Winners, Biggest Losers, Losers that Could Be Winners, and Winners with Upside – are a Continuous Improvement leader’s dream. That Gross Margin data can be combined with all the other job costing data within ProShop, including direct labor, all procurement costs, direct machine overhead, and indirect overhead costs to provide a complete picture of the profitability of any job.
“ProShop ERP is built to store and manage the data that’s vital to running a factory, helping manufacturers make better decisions for both their front office and their shop floor,” said Van Metre. “What’s important to our customers is what’s important to ProShop, and by partnering with Datanomix, we’re closing a loop that lets our customers tie true machining costs back into our existing job costing and profitability workflows by refining the exact machine utilization times to augment our current labor, out-of-pocket costs, and overhead costs. This gives our shared customers a massive advantage in their ability to improve job margins, and completely remove the guesswork from this process with the information being provided by Datanomix.”
“Knowing how much it really costs to produce parts is the holy grail for precision manufacturers when it comes to job costing and quoting,” said Greg McHale, Chief Technology Officer, and co-founder of Datanomix. “With Datanomix, manufacturers get operations data directly from CNC machines, offering an incorruptible window into actual job performance derived while running parts because there is no operator input required. Our partnership with ProShop creates a secret weapon for job margin improvement and, ultimately, EBITDA improvement. And it’s just the beginning of our plans to accelerate and automate insights for manufacturers.”
Hill Manufacturing in Broken Arrow, Oklahoma, is one of many shared customers excited about the Datanomix and ProShop partnership. According to Mike Payne, president of Hill Manufacturing, “We’ve been a ProShop ERP customer for a while, and as we looked at production monitoring solutions, our ProShop rep suggested Datanomix. We loved the real-time operations data with no operator input, and the integration between the two companies.
I can see right in Datanomix if I’m running profitable jobs, and I have the feedback in ProShop when I go to quote the same job again or I’m working on a similar part. This puts me in the driver’s seat in controlling my job performance and profitability.” A demonstration of the combined solution is available by completing an online form on the ProShop website at https://proshoperp.com/book-an-appointment/
