In today’s world, many industries have shifted their focus towards offering customized products to their customers. These products often come with specific characteristics and variables, making the manufacturing process more complex. This is where IFS Configure and Make to Order (CTO) solution comes into play.
IFS CTO is a solution that is specifically designed for companies operating in configure and make-to-order industries. The solution helps these companies to define formulas, combination tables, and other technical information related to the products they offer. These characteristics can be measurement-related or based on other technical information.
With IFS CTO, companies can define formulas and combination tables recursively. These calculations can be used to create the product structure, including the required components, the required quantities of those components, the scrap factor, and alternative Bill of Material (BOM) options. Additionally, these formulas and tables can also be used to correctly define routing operations, including work center, setup times, running time, and more.
One of the main challenges that come with configurable parts is pricing. IFS CTO addresses this challenge by offering a configured price feature. This feature allows companies to add an additional option price per characteristic, helping them to accurately price their products. The application also supports cost calculation per configuration ID, meaning the system can handle each characteristic combination as if it were a completely different part.
IFS CTO is a valuable solution for companies operating in configure and make-to-order industries, as it helps them to efficiently manage the complex manufacturing process. With the ability to define product characteristics, create complex formulas, and accurately price products, companies can increase efficiency, reduce costs, and provide their customers with the customized products they desire.
In conclusion, IFS CTO is an essential solution for configure and make-to-order industries. It helps companies to manage the complex manufacturing process, offering a wide range of features to create the product structure, accurately price products, and handle cost calculations. By leveraging IFS CTO, companies can streamline their operations, reduce costs, and provide their customers with the customized products they desire.