The manufacturing industry has been going through a bit of a rough patch. It was attempting to regain its momentum following the 2008 market crash only to get thrown off course by the Covid-19 pandemic.
Still, the United States’ manufacturing sector is very much needed. In fact, it’s projected to grow by as much as 6% in 2021. One way to prepare your manufacturing business for this growth is to work on cutting costs.
But you don’t need to fundamentally change the way that you do business to achieve cost-cutting. Instead, you might be able to save the money that you need by focusing on developing the right apps for your business.
With that in mind, here are five ways that manufacturing companies are using apps to cut their costs:
Having a solid inventory management system is essential to running a thriving manufacturing company. Mobile apps can help you enhance your system. They make it very easy to perform the most essential inventory management and tracking tasks, including:
The end result is a reduction in the amount of time that you need to spend working on these things. Those are hours that you can allocate elsewhere to improve your operational efficiency.
Mobile manufacturing apps can also facilitate improved team management. Integrated location services can help managers identify the nearest employee for a specific job. They can also track employees’ locations in times of emergency and stay on top of their time with more precision.
Collectively, these features make it easier for a manufacturing company to track their employees and how they spend their time. With more data comes the ability to more accurately utilize your workforce, which can lead to a serious reduction in the amount you waste on inefficiency.
Location data can transform your manufacturing app by improving your shipping process. GPS data can be used for everything from reducing delivery times to reducing fuel costs.
You can also use a manufacturing mobile to get real-time updates on your shipments’ routes and locations. This presents a number of opportunities to reduce the amount that you spend on deliveries.
You can better serve your customers by providing them with the data and information they need through a mobile app they can access in the palm of their hand. Mobile CRMs enable manufacturing companies to improve their responsiveness to client inquiries.
This can set the stage for a faster closing process. With that, your sales staff can move to new clients faster, thereby increasing the efficiency of how they spend their time.
Some research indicates that companies across all sectors spend as much as 3% of their revenue on paper. If your manufacturing business still uses a lot of paper, then creating the right mobile app could be a significant cost-saving solution.
Mobile apps can cut down on the frequency at which you need to use paper to complete various business tasks. It can do so by creating virtual processes for the sharing of important information. Additionally, mobile apps can reduce the risk of manual entry errors. That capability can save you even more time and money.
Manufacturing companies need to keep their costs low to maintain their competitive edge. If your company hasn’t designed a strong mobile app for its needs, now may be the perfect time to do so. Investing in a targeted manufacturing app could help you reduce your costs and preserve your advantage in the market.
If you’d like to learn more about how a mobile app can save your company money, reach out to Onsharp. We’re highly experienced at developing powerful mobile apps that satisfy the unique needs of each client that we work with. We’d love to leverage that experience to help your manufacturing business reach its savings goals.