Celebrating over 25 years with SYSPRO, ET
Browne utilized functionality within the latest version of SYSPRO
ERP to cut costs, boost revenue and increase profits
TUSTIN,
Calif., June 25, 2024 /PRNewswire/ -- SYSPRO, a
global provider of ERP software, today announced that its customer
ET Browne Drug Co., Inc. one of America's first skincare companies,
has leveraged SYSPRO ERP to reduce its inventory by 22%, enabling
the company to grow profits by 113% on revenue growth of 7%
year-over-year.
Founded in 1840, ET Browne is
best-known for its line of Palmer's Skin Success products, which
includes Palmer's Cocoa Butter. With its 2023 upgrade to the
latest version of SYSPRO ERP, ET Browne was able to align the
business to fully leverage SYSPRO's material requirements and
planning (MRP) capabilities. Specifically, ET Browne took advantage
of additional capabilities in SYSPRO to gain better visibility and
control over inventory and the supply chain. This allowed them to
predict demand, understand how fulfilling the anticipated sales
pipeline would affect production schedules, and anticipate the
peaks in demand it needed to buffer.
By leveraging SYSPRO ERP's demand forecasting and supply chain
management capabilities, ET Browne created a just-in-time inventory
system, significantly reducing the amount of raw material and
product the company has on hand. This translates directly into
increased profits. Plus, the manufacturer is still able to keep one
month of expected demand, plus another month of buffer.
"We've successfully relied on SYSPRO for more than a quarter
century while both growing and aligning our business to take
advantage of the enhancements of the platform," said Pieter Goes, Vice President of IT & BI, ET
Browne. "After bringing in SYSPRO to do native demand forecasts, we
were able to better evaluate key markets and key customers,
enabling our forecasting and capacity planning to be much more
accurate. As a result, we can achieve a fill rate of greater than
95% and are able to process our purchase orders much sooner,
resulting in better supply. With these results, people trust the
system's capabilities and really work within it. The outcomes speak
for themselves."
ET Browne also intends to leverage SYSPRO to manage emerging
challenges. One of the most pressing challenges was meeting growing
need to use recycled materials in packaging to meet consumer,
distributor and governmental demands, while also making sure to
first use up the materials that are already in stock. Making these
transitions will increase complexity within the bill of materials,
and SYSPRO's management capabilities will help manage it
effectively.
"SYSPRO ERP provides much more than just financial management,"
said Brian Rainboth, CEO, SYSPRO
Americas. "Our platform empowers mid-market manufacturers to create
accurate demand forecasts, project exactly how much raw material
they'll need to order and how much product they need to make to
meet demand. We're proud to celebrate 25 years with ET Browne and
look forward to enabling future growth and profitability as the
company deploys additional capabilities with the SYSPRO
platform."
About SYSPRO
SYSPRO is a leading, global Enterprise
Resource Planning (ERP) software provider specializing in key
manufacturing and distribution industries. For over 40 years,
SYSPRO's team of specialists have continued to address unique
industry needs and enable customers to easily adapt and grow. The
solution is scalable and can be deployed in the cloud, on-premises,
or both, and accessed via the web on any device to provide
customers with choice and flexibility.
SYSPRO remains focused on the success of partners and customers.
Our evolving solutions are aligned with industry trends to leverage
emerging technology that will enable partners and customers in
securing a digital future.
With more than 15,000 licensed companies in over 60 countries
across six continents –SYSPRO offers guidance and support every
step of the way as a trusted advisor.
For more information, visit www.syspro.com.
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SOURCE SYSPRO Americas