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March 14, 2012

Deltek Expands Project Manufacturing Capabilities to Improve Financial Performance



Deltek, Inc., the provider of enterprise software and information solutions for government contractors and professional services firms, announced an expansion of its solutions for project-focused manufacturing companies. Deltek Costpoint provides new and expanded project manufacturing and materials management capabilities for manufacturing execution, shop floor time collection and barcode and RFID scanner integration.

The new capabilities provide real-time visibility into shop floor operations and enable companies to improve production efficiency, deliver on LEAN and paperless manufacturing objectives, and reach new levels of manufacturing performance.

Costpoint 7 is Deltek's world-class financial management platform built from the ground up to meet the unique requirements of government contractors and other project-driven organizations.

Delivering industry-specific capabilities on a next-generation technology architecture, Costpoint 7 provides the foundation for improving the performance of project-based organization, helping with more business, increase project visibility, improve overall cash flow, reduce the cost of compliance, and improve company profitability.

The new modules enhance Costpoint's existing inventory management and project accounting functions. The new enhancements include, Manufacturing Execution and Quality.  Deltek Costpoint MES provides routing information, work instructions, and online documentation to be used in complex project manufacturing environments.

Deltek Costpoint MES captures work order status throughout the manufacturing process and supports quality control and non-conformance findings and results. Project manufacturers will remove a significant amount of paperwork and inefficiency from the shop floor through online instructions and activity tracking. Deltek Costpoint MES leverages technology through an expanded partnership with iBASEt.

Deltek Costpoint Shop Floor Time supports the rapid capture of start and stop times for shop floor activities. Deltek Costpoint Shop Floor Time supports complex pay rules and schedules, as well as employee self-service scheduling requests and approvals. The solution tracks attendance, vacation, holiday, illness, late arrival, and all other critical requirements for project manufacturers.

“Project manufacturers have highly specialized needs that Deltek is uniquely capable of meeting,” stated Kevin Parker, president and CEO of Deltek.

“With our newly expanded materials management and manufacturing solutions -- connected to our existing core capabilities Deltek's project manufacturing customers will have up to the minute visibility into project status and time to completion, as well as the profitability of the project, based directly on what is happening on the shop floor at any moment in time. This is a unique, powerful, and integrated combination that provides a significant competitive advantage to our customers,” Parker added.






Edited by Jennifer Russell
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