COSTA MESA, Calif.--SYSPRO, a leading producer of enterprise software, said that its software is boosting the visibility, planning and costing accuracy of manufacturers through the ability to track co-products and by-products.
Co-products are products that are typically manufactured together (or sequentially) due to product or process similarities. By-products refer to secondary materials of value that are produced from the primary production process. By providing the ability to track and cost both co-products and by-products, SYSPRO said it is now providing manufacturers with even greater insight into their operations.
SYSPRO software accommodates the manufacture of co-products by enabling them to be configured and manufactured as multiple items against a single Bill of Materials. The accurate tracking of costs is facilitated by enabling components and operations to be simply proportioned against co-products according to a percentage breakdown for the entire material, operation and subcontract costs. A more complex distribution of costs can be applied, whereby the percentage of each component and operation is defined per co-product. This flexibility ensures accurate costing for each co-product, which has traditionally proved to be a problem for manufacturers.
Furthermore, SYSPRO software provides additional flexibility by enabling co-products to be billed as: Sequential (i.e., co-products can be completed before the entire job is completed); Concurrent (i.e., all co-products are manufactured at the same time and are receipted in at the end of the job); Multi-grade for costing purposes; and Proportional (i.e., there is a marked size difference between the various co-products which is indicated by a percentage.)
SYSPRO software facilitates the tracking of by-products by accurately representing the quantity as a supply throughout the system. A manufacturer has the option of either receipting the by-product at the time of kit issuing the components to the job or operation (i.e., before the by-product is produced) or at the time of posting labor to the operation (i.e., when the by-product is produced.)
According to SYSPRO USA President Joey Benadretti, “SYSPRO caters to a number of different manufacturing environments, including food, medical devices, electronic components and machinery and equipment manufacture, where there is a requirement for the design, manufacture and planning of multiple items in a single manufacturing run. The ability to accommodate co- and by-products is another step by which SYSPRO software promotes greater efficiencies by these manufactures.”
About SYSPRO
Since its inception in 1978, SYSPRO has been delivering state-of-the-art business solutions to some of the world's leading companies. As a global leader in the production of world-class ERP software, SYSPRO now caters to the specialized needs of 12,000 licensed companies in more than 60 countries worldwide. SYSPRO is marketed globally through regional territory distribution centers in South Africa, the US, Canada, Asia Pacific, Australia and the UK. For more information, go to www.syspro.com.
