FactoryMaster
Software solutions for manufacturing industries.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Acquisition | ||
| Total Funding | 000k | ||
FactoryMaster provides Manufacturing Resource Planning (MRP) and Enterprise Resource Planning (ERP) software solutions tailored for small to medium-sized manufacturing and engineering companies. The firm was established in 1984. Its core product, FactoryMaster MRP, is designed to streamline and manage various business operations including stock control, bill of materials, works and purchase orders, and material requirements planning. The system aims to enhance efficiency, reduce costs, and improve on-time delivery for its clients.
The software offers features such as shop floor data collection, capacity planning, and full traceability from quotations to invoicing. By integrating these functions, the system provides management with a comprehensive view of the business, enabling better decision-making. The company serves a diverse range of manufacturing sectors, including aerospace, automotive, electronics, and precision engineering. The business model is based on selling software licenses, alongside implementation, training, and ongoing support services.
Keywords: MRP software, ERP systems, manufacturing management, production control, inventory management, shop floor data, bill of materials, supply chain management, works order processing, traceability software