Small Manufacturing Businesses Benefit from Profit Optimization Software Running OPTIMIZE Algorithm

A new software targeting small-scale manufacturers engaged in manual production processes helps determine production factors like profit, cost of production (cost price) and throughput while also showing how to increase profits and lower costs.
By: OPTIMIZE Software
 
IKEJA, Nigeria - April 14, 2013 - PRLog -- For the very first time, small-scale manufacturers employing mainly manual production processes such as bakeries, packaged food producers, furniture makers, hand-made jewellers and many others, have access to a simple-to-use software package that can help them determine production factors like cost price (cost of production), profits and throughput, while also showing how to increase profits, reduce cost of production and increase output by adding labor in line with the economically and mathematically sound OPTIMIZE algorithm.

The creator of the breakthrough solution, Monty Dimkpa, a successful mechanical engineer, described the new solution as “a way for anyone who runs a small business to know their bottom line in terms of basic production factors like cost price, throughput and profit, while also simulating the effects of adding labor which include increase in production, increase in profits, and reduction of cost of production, among others.”

The OPTIMIZE algorithm describes a universal approach to determining profits and other production factors for small businesses running mainly manual production processes involving labor. With an increasing demand that is higher than current throughput, optimization of production and profits can be achieved by increasing labor, and the OPTIMIZE algorithm on which the software is based, shows the manufacturers how production outcomes improve (significantly) with adding labor.

The software is easy to use, and available to anyone regardless of area of operation – from a roadside hotdog vendor to a startup coffee retailer. The OPTIMIZE software is currently priced at $250. No license or registration is required, and users can install and run anywhere.  

For more information on how to receive a copy or for other inquiries, please leave a message at http://biz.prlog.org/optimizesoftware/contact.html.

Interested businesses can also visit the OPTIMIZE Facebook page at http://www.facebook.com/pages/Optimize-Profits-in-Small-scale-Manufacturing/335859423204297  to learn more.  Follow OPTIMIZE on Twitter @MontyDimkpa and like the Facebook page for a 10% discount on the software.
End
Source:OPTIMIZE Software
Email:***@creative-works.us Email Verified
Tags:Manufacturing, Small Business, Crafts, Increasing Business Profits
Industry:Business, Manufacturing
Location:Ikeja - Lagos State - Nigeria
Subject:Products
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share