Challenge
Summertime Potato Company, central Iowa's only potato processing plant, experienced rapid growth and high demand for their products. The company had been using manual pen and paper methods followed by spreadsheets to track inventory, but these methods proved time-consuming, error-prone, and didn't provide the complete visibility they needed. They struggled with unclear views of inventory costs and profitability, and physically counting inventory to update their accounting software was labor-intensive and inefficient.
Solution
Summertime Potato Company implemented Acctivate in the cloud to replace their manual pen and paper processes and spreadsheet-based inventory management. Acctivate provided them with total visibility into inventory costs, kitting capabilities to track component costs alongside finished products, and automated inventory tracking. The cloud-based solution enabled real-time inventory visibility, eliminating the need for manual counting and spreadsheet transfers to their accounting software.
Results
- 10-12 hours saved monthly on inventory counting alone
- Real-time visibility into inventory costs hour by hour
- Automated kitting feature tracking component costs (bags, labels, etc.)
- Eliminated manual inventory transfer between spreadsheets and accounting software
- Complete visibility into true product costs and profitability
- Improved inventory accuracy and reduced errors
- Better operational decision-making with comprehensive data
- Streamlined month-end inventory calculations
The Impact
Just in counting inventory alone, with Acctivate we save anywhere from 10 to 12 hours a month. For calculating inventory at the end of the month, with Acctivate we now know what it is hour by hour.
Key Features Used
- Cloud-Based Inventory Management
- Real-Time Inventory Visibility
- Automated Inventory Tracking
- Kitting & Component Cost Tracking
- Cost Analysis and Profitability Reporting
- Accounting Software Integration
- Automated Inventory Calculations
