Mar-Kov Computer Systems Case Studies Mar-Kov MRP Software Boosts Titan Coatings International's Profits by 30%

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	Mar-Kov MRP Software Boosts Titan Coatings International's Profits by 30% Mar-Kov Computer Systems

Mar-Kov MRP Software Boosts Titan Coatings International's Profits by 30%

Mar-Kov Computer Systems

Technology Category	Functional Applications - Inventory Management Systems Functional Applications - Manufacturing Execution Systems (MES)
Applicable Industries	Life Sciences Transportation
Applicable Functions	Quality Assurance Warehouse & Inventory Management
Use Cases	Inventory Management Picking, Sorting & Positioning
Services	Cloud Planning, Design & Implementation Services Testing & Certification
Challenge	Titan Coatings International was grappling with the challenge of an aging software system that was no longer supported and was becoming increasingly difficult to maintain. The legacy software, purchased in the 1980s, was not only outdated but also lacked the necessary features to meet the company's growing needs. The company's quality manager, Stephanie Kelly, was spending two hours a day on data entry and backup, which was inefficient and time-consuming. The lack of a robust, reliable, and fully supported software solution was hindering the company's ability to control costs and maximize profitability. Furthermore, the company was struggling with inventory management, material requirements planning, and the generation of key reports to analyze the financial health of the company. Read More
About Customer	Titan Coatings International is a company that specializes in the production of paints and coatings. The company places a high value on efficiency, cost control, and profitability. Titan uses a variety of raw materials in its production processes, sourced from over 50 suppliers. The company operates on a just-in-time manufacturing model, which requires precise inventory management and material requirements planning. Titan's quality manager, Stephanie Kelly, is responsible for overseeing these processes and ensuring the quality of the company's products. The company also uses QuickBooks for its accounting needs and requires a software solution that is compatible with this system. Read More
Solution	Titan Coatings International turned to Mar-Kov’s paint and coatings manufacturing software to replace their aging system. The cloud-based solution offered a fully supported platform where all recipes could be securely stored and backed up. The software provided a full view of inventory and instant material requirements planning, along with automatic data entry into QuickBooks. The Mar-Kov software also allowed for the instant generation of key reports to analyze the financial health of the company. The software tracked purchase orders, raw material inventory, and production schedules, making this information accessible anytime, anywhere. Additionally, Mar-Kov’s software was compatible with QuickBooks, ensuring the accuracy and integrity of all data needed to run the company. The software also provided detailed sales reports, enabling Titan to assess the cost of manufacturing its various products and analyze the resulting profit margins. Read More Log in to view content
Contents

Technology Category

Functional Applications - Inventory Management Systems

Functional Applications - Manufacturing Execution Systems (MES)

Applicable Industries

Life Sciences

Transportation

Applicable Functions

Quality Assurance

Warehouse & Inventory Management

Use Cases

Inventory Management

Picking, Sorting & Positioning

Services

Cloud Planning, Design & Implementation Services

Testing & Certification

Challenge

Titan Coatings International was grappling with the challenge of an aging software system that was no longer supported and was becoming increasingly difficult to maintain. The legacy software, purchased in the 1980s, was not only outdated but also lacked the necessary features to meet the company's growing needs. The company's quality manager, Stephanie Kelly, was spending two hours a day on data entry and backup, which was inefficient and time-consuming. The lack of a robust, reliable, and fully supported software solution was hindering the company's ability to control costs and maximize profitability. Furthermore, the company was struggling with inventory management, material requirements planning, and the generation of key reports to analyze the financial health of the company.

About Customer

Titan Coatings International is a company that specializes in the production of paints and coatings. The company places a high value on efficiency, cost control, and profitability. Titan uses a variety of raw materials in its production processes, sourced from over 50 suppliers. The company operates on a just-in-time manufacturing model, which requires precise inventory management and material requirements planning. Titan's quality manager, Stephanie Kelly, is responsible for overseeing these processes and ensuring the quality of the company's products. The company also uses QuickBooks for its accounting needs and requires a software solution that is compatible with this system.

Solution

Titan Coatings International turned to Mar-Kov’s paint and coatings manufacturing software to replace their aging system. The cloud-based solution offered a fully supported platform where all recipes could be securely stored and backed up. The software provided a full view of inventory and instant material requirements planning, along with automatic data entry into QuickBooks. The Mar-Kov software also allowed for the instant generation of key reports to analyze the financial health of the company. The software tracked purchase orders, raw material inventory, and production schedules, making this information accessible anytime, anywhere. Additionally, Mar-Kov’s software was compatible with QuickBooks, ensuring the accuracy and integrity of all data needed to run the company. The software also provided detailed sales reports, enabling Titan to assess the cost of manufacturing its various products and analyze the resulting profit margins.

Impact #1	The implementation of Mar-Kov’s software has brought about significant operational improvements for Titan Coatings International. The software has effectively replaced the company's retiring office manager, freeing up valuable time for the quality manager, Stephanie Kelly, to focus on customers and product quality. The software's compatibility with QuickBooks has eliminated the need for employees to enter identical data twice, reducing the possibility of data-entry errors and improving efficiency. The software's ability to track raw material inventory and create replacement orders has been crucial for Titan's just-in-time manufacturing model. Furthermore, the software's ability to store and instantly access everything from finished goods batch numbers to raw material inventory, and chemical specifications has given Titan complete control and transparency over its operations. The software also provides Titan with detailed sales reports, enabling the company to track revenue, cost to manufacture, and profit margins by customer, geographic region, product category, and more.

Impact #1

The implementation of Mar-Kov’s software has brought about significant operational improvements for Titan Coatings International. The software has effectively replaced the company's retiring office manager, freeing up valuable time for the quality manager, Stephanie Kelly, to focus on customers and product quality. The software's compatibility with QuickBooks has eliminated the need for employees to enter identical data twice, reducing the possibility of data-entry errors and improving efficiency. The software's ability to track raw material inventory and create replacement orders has been crucial for Titan's just-in-time manufacturing model. Furthermore, the software's ability to store and instantly access everything from finished goods batch numbers to raw material inventory, and chemical specifications has given Titan complete control and transparency over its operations. The software also provides Titan with detailed sales reports, enabling the company to track revenue, cost to manufacture, and profit margins by customer, geographic region, product category, and more.

Benefit #1	Mar-Kov’s software delivered a same-day return on investment for Titan Coatings International.
Benefit #2	The software helped boost the company's profits by 30%.
Benefit #3	The software enabled Titan to better manage drum deposits, price changes, freight, and more, leading to significant cost savings.

Benefit #1

Mar-Kov’s software delivered a same-day return on investment for Titan Coatings International.

Benefit #2

The software helped boost the company's profits by 30%.

Benefit #3

The software enabled Titan to better manage drum deposits, price changes, freight, and more, leading to significant cost savings.

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Overview

Mar-Kov MRP Software Boosts Titan Coatings International's Profits by 30%

Operational Impact

Quantitative Benefit