Acumatica 2024 R2 Manufacturing Edition Updates

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Acumatica offers a variety of editions specific to the needs of their customers.  These editions include Construction, Distribution, Retail, Manufacturing, and General Business. A new Professional Services edition was announced as part of the 2024 R2 release and will become available later this month.

This is the first in a mini-series regarding product enhancements to the various Acumatica editions originating from the 2024 R2 release. The Acumatica Manufacturing Edition provides manufacturing users with production management, product definition functionality, planning and scheduling capabilities, distribution management features, data collection and automation functionality, and general finance and reporting capabilities.

These capabilities are delivered through a set of integrated core and add-on modules that provide flexibility in meeting user requirements.

The Acumatica Manufacturing Edition is designed to handle every form of manufacturing, including Made-to-stock, Made-to-order, Engineered-to-order, Project-centric, Job Shop, Repetitive, and even Batch Process.

To examine new functionalities incorporated into the Manufacturing Edition, we will work our way through part of the processes involved in a typical manufacturing scenario. In this case, the manufactured product is a standard item requiring customization at the buyer’s request. The customization necessitates an outsourced vendor to perform one aspect of the production.

To begin the process, we will use an existing standard production item to provide an estimate.   

But in this case, the customer has requested a quote for multiple quantities of the item they want to purchase. To do this, we will use the new Estimating Worksheet from 2024R2 that allows a manufacturer to improve the accuracy of cost estimating when quoting multiple quantities of a production item to a customer.

We then send the formal Estimate, with multiple quantity pricing, to the customer for their consideration and approval.

When the customer has selected and approved a specific order quantity, we are ready to begin the Production Order linked from the Estimate.

We can generate the linked sub-assembly for the customized portion of the product and designate it via another new 2024R2 enhancement number option that permits sub-assembly suffix sequences.

We then view all of the Production Orders linked to the Finished Good on the new Related Production tab, also new for 2024R2, and can release the order to production.

As the order moves through manufacturing, we can keep track of each phase of the production process.

We can review the Purchase and Move settings on the Production Bill of Materials and determine when it’s appropriate to create the Purchase Orders and Vendor Shipment for the ‘outsourced’ portion of the production.

We then create the Purchase Order linked to the Production Order Demand.

When the subcontracted work has been performed and the material components returned to the manufacturing facility, the Subcontractor’s items are received against the Purchase Order.

Because the subcontracted work put a hold on production of our finished goods until the subcontracted components were received, their receipt means that the finished assembly production can be resumed, and the order is released for the remaining portions of the process.

It won’t be long before our customized production order is completed and ready to be shipped to the customer, just as ordered.

Throughout the process, we can review the history and totals and run a Production Order Performance Report, which has been enhanced as part of 2024R2. This report can help validate planned vs actual costs to determine if a price adjustment is warranted should the ‘custom item’ become a future ‘stock item.’

In this article, we’ve seen several new ‘manufacturing’ features and enhancements associated with Acumatica’s 2024R2 release update. These include the new Estimate Worksheet supporting multiple order quantities, enhanced linkages between Parent and Child production orders, improved outsourced production workflows including production demand visibility and production hold, move and release settings, and the advanced production performance report.

These are all just a few of the hundreds of upgrades within this release; for more information, head over to the Acumatica website.

Disclosures:

Acumatica, as used herein, refers to one or more registered trademarks of Acumatica, Inc., a privately held, multi-national corporation headquartered in Kirkland, WA (USA). Since 2019, Acumatica has been held by the private equity firm EQT of Stockholm, Stockholms Lan, Sweden. 

Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future.

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