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Manufacturing Software Boosts Inventory Control at Platinum Vapor Control
MISys Manufacturing communicates seamlessly with Intacct’s cloud financial system to improve tracking of inventory and cost of goods sold
According to Platinum Vapor Control’s VP and CFO, Larry Mick, the company conducted extensive research on packages that claimed to interface with Intacct, prior to purchasing MISys. “Most would either track by unit without tracking costs, or would track unit and costs but wouldn’t communicate well with Intacct,” says Mick. “MISys was the only software that did both.”
Platinum Vapor Control builds vapor recovery systems for the oil and gas production industry. Though the company sells a basic assembly kit, many of their customers request custom kits. When a custom order comes in, the manufacturer must disassemble and rebuild the kit using alternate products.
“Before adding MISys, we were not able to add or subtract inventory from manufacturing orders when changes were made after the assembly," said Mick. "The workaround we created did not pull inventory out of Intacct, which overstated the value of the inventory."
With MISys, Mick says that Platinum Vapor Control is enjoying better tracking for cost of goods sold and inventory. The company now has the ability to customize manufacturing orders by adding and deleting components as they need to and can easily transfer the information to their Intacct accounting system. Their assembly process has also been simplified through bar coding, receiving, and item transfers.
About Manufacturing Information Systems, Inc.
MISys Manufacturing offers one of the lowest cost-of-ownership solutions for small manufacturers, while designed to grow with the success of industrial customers, offering a scalable solution which provides the needed additional power by simply plugging in a new module.
MISys Manufacturing software products are sold directly by the company as well as hundreds of business partners in forty-eight countries. A privately held corporation headquartered in Woodstock, Vermont, MISys has more than 7,500 customers worldwide. MISys Manufacturing offers a comprehensive solution for all industries, with specific functionality for food & beverage, auto parts, industrial machinery, and plastics manufacturers. The software has evolved over 25 years to include powerful functionality required by manufacturers in the pharmaceutical, health & beauty, electronics, computer equipment and aerospace & defense industries. Comprehensive customer feedback has helped shape the technology to incorporate best practices to meet ISO certification requirements and lean manufacturing principles, at the most affordable price. Follow MISys on Twitter at @MISysinc (https://twitter.com/
Manufacturing Information Systems, Inc.
Charlie Kimbell, VP, Sales and Marketing