Streamline Inventory Management with Genius ERP

Improving inventory management is one of the biggest areas where manufacturers can make changes and save money.

With the right inventory management tools, manufacturers can reduce waste, complete more jobs on time, and keep customers satisfied. Genius ERP, designed for manufacturers, provides all the inventory management features you need to stay ahead — from automation to real-time insights — in one integrated system. By streamlining operations and ensuring you always have the right materials at the right time, Genius ERP helps you cut costs, avoid delays, and keep your business running smoothly.

Why Manufacturers Need to Get Inventory Management Right

Inventory management is the process of tracking, organizing and managing the raw materials and components used in production. It ensures manufacturers have the right materials at the right time, preventing delays and reducing waste.

Poor inventory management can result in stock shortages, delays, production bottlenecks, and missed deadlines.

An ERP system simplifies inventory management by centralizing operations and providing real-time data, helping manufacturers keep production on track and avoid costly bottlenecks. With tools like barcode scanning and automated reordering, an ERP ensures materials are always available — minimizing errors and boosting efficiency.

By streamlining processes and improving accuracy with an ERP, manufacturers can stay on schedule, control costs, and better meet customer demands.

How Genius ERP Improves Inventory Management

1. Reliable Order Tracking
Genius ERP enables manufacturers to track orders in real time. Advanced tracking tools ensure that every order is accurately recorded and monitored, helping to reduce errors and boost customer satisfaction.

2. Streamlined Production Planning
With Genius ERP, manufacturers can better plan their production schedules. Demand forecasting tools and production adjustments help minimize delays, ensuring on-time delivery even during peak periods.

3. Real-Time Stock Monitoring
Genius ERP’s real-time inventory tracking keeps manufacturers informed about stock levels at all times. It highlights obsolete materials and optimizes inventory to avoid overstocking or shortages, ultimately lowering costs and increasing profitability.

4. Integrated Operations
Genius ERP connects inventory management with accounting, production planning, and procurement, creating a centralized system for improved decision-making and operational efficiency.

Real-Life Examples of How Genius ERP Improves Inventory Management

Machitech

For over 15 years, Machitech has been at the forefront of developing and manufacturing high-quality, customizable CNC plasma cutting machines. Rapid growth and expansion — going from manufacturing 30 to 300 machines — introduced new challenges as their operations became increasingly complex. Manually managing inventory with Excel spreadsheets couldn’t keep up, leading to errors, inefficiencies, and missed opportunities.

Machitech turned to Genius ERP to help them precisely track inventory, reduce errors and ensure that all parts were accounted for accurately.

Inventory management has significantly improved with Genius ERP’s introduction of QR codes, which allow accurate and up-to-date inventory tracking.“Purchasing and inventory have really improved since we now have QR codes on all of our items,” says Simon, Marketing Director at Machitech. Machitech has not only improved accuracy but also streamlined its operations to meet the demands of its growing business.

Marathon

Before Genius ERP, Marathon relied on manual processes to manage inventory, often running out of parts and delaying production. “Before Genius, our inventory was very barebones. We were always running into emergencies, running out of parts, delaying jobs,” explains Phillip Rousseau, Project Manager at Marathon.

Marathon now uses Genius ERP to accurately track their inventory and ensure they always have the materials needed to keep production on track. “The biggest challenge Genius helped us overcome was undoubtedly our inventory. Since we’ve been with Genius, we haven’t run into those problems,” says Rousseau.

By improving inventory management, Marathon reduced lead times from 8-12 weeks to 4-6 weeks, enabling faster production and on-time delivery.

QTG

Before using Genius ERP, QTG struggled with manual inventory management, requiring weekly shutdowns to count inventory. With Genius, they now have real-time access to inventory, saving 156 hours annually.

“We no longer need to do a physical inventory every week or month. We used to set aside at least three hours a week in terms of inventory taking. Now we have access to our inventory in real-time, so we just have to select the item, and we know exactly what’s going on,” says Maude Morissette, Controller at QTG.

Real-time inventory also allows QTG to keep only the stock necessary for production on hand, reducing the company’s warehousing costs. “Genius gives us the quantities and tells us the exact moment when stock is needed for production. We have all the information we need now to be able to reduce our inventory,” Morissette adds.

The Bottom Line

Genius ERP provides manufacturers with the tools to improve inventory management, ensuring accurate tracking, reducing errors, and streamlining processes. Genius ERP solves common inventory problems like manual tracking and stock shortages, so you can focus on what really matters — making great products and keeping your customers happy.

To learn more about how Genius ERP can transform your inventory management processes, check out our case studies to see how real manufacturers have benefited from our solutions.