Happy to Make the Cover of Manufacturing Technology Insights

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Inventory models for calculating reorder points and optimal order quantities have been in existence long before the dawn of software era. When the first affordable automobile, Ford Model T was rolled off the assembly line, manufacturers were already reaping the financial benefits of inventory management by determining the answers to ‘When to deliver?’ and ‘How many to deliver?’ However, it seems an irony today—in the days of advanced information technology—that many companies are still not taking advantage of these fundamental inventory models. Organizations tend to have several systems to manage their business and often run their entire operations on excel spreadsheets which make activities such as assets tracking, equipment scheduling, or documenting essential incident details, snowball into their biggest headaches. This is a challenge that was comprehended beforehand by AscentERP. Co-founded by industry veterans Michael Trent, CEO, Shaun McInerney, President, and Akbar Rafiuddin, CTO—who bring years of experience in manufacturing, sales, and technology space respectively—AscentERP came in as an assistance stick for manufacturers who were struggling to position their next level of growth. In the course of their initiative, AscentERP found a perturbing obstacle: the silos and boundaries created between the business and IT by the existing ERP tools within organizations.

Through its AscentERP application, the company today breaks down the communication barriers in an organization and gets everyone on the same page. With an aim to support a flexible, sustainable, and extensible mentality, and also the warehouse and production floor, AscentERP provides an environment of collaboration—creating greater enterprise responsiveness, agility, and speed. Organizations using AscentERP don’t have to configure their processes based on the tool, as the firm delivers a flexible solution which can adapt and evolve according to the business processes that are already in place. “With AscentERP, inventory management doesn’t have to be a time-consuming, complex process. Companies can save resources that can be utilized to innovate products in accordance with dynamic market requirements,” says Rafiuddin. Along with its collaborative and enterprise-responsive capabilities, AscentERP also provides advisory services that present organizations with better implementation of workflows and processes.

Powerful Inventory Management Application

AscentERP is a cloud-based application that allows clients to manage their manufacturing supply chain in a revolutionary way. It enables end-to-end inventory tracking, right from raw materials or outsourced components to finished products over multiple locations. The clients benefit from instant access to inventory numbers across warehouses, broken out into any variation, with any set of details to get products to customers before anyone else.

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