What will you build with Nextworld?

Streamline production tracking with automated, real-time visibility into progress at each paypoint operation, backflush material and labor, and product completion.

Enhance production efficiency and improve work order cost accounting with real-time insights into material consumption.

Streamline shop floor operations with a clear, organized list of work scheduled for each work center.

The Manufacturing grouping of applications streamlines the setup, control, execution, and optimization of each production stage. By tracking material flow within work orders and simplifying production scheduling, this suite drives operational excellence, reduces bottlenecks, and ensures timely, cost-effective manufacturing.

Easily manage and track item costs for your inventory to optimize the cost of goods sold and inventory valuation. Supported valuation methods, such as Average Cost and Standard Cost, help ensure accurate financial insights and better decision-making.

Track and manage the history of item costs for more seamless reconciliation and more accurate data analytics.

Track and manage the history of item cost estimates for more seamless reconciliation and more accurate data analytics.

Streamline your ability to forecast the cost of materials, labor, and overhead for production processes through item cost estimates and cost simulation. These simulations provide a detailed view of how various factors, such as production volume and resource usage, impact overall costs, enabling manufacturers to make informed decisions on pricing, profitability, and cost optimization. By maintaining accurate cost estimates, manufacturers can improve budgeting, reduce waste, and enhance overall operational efficiency.

Item Cost Management for inventory items helps businesses track and control the cost of goods sold (COGS) and inventory valuation. It enables the accurate tracking of item costs, including purchase price, freight, handling, and other associated expenses, while supporting cost methodologies like standard and weighted average. This ensures that businesses maintain precise cost data, improve pricing strategies, and optimize inventory profitability.

Streamline asset management by tracking and managing the relationship of equipment and equipment components in a centralized system.

Streamline asset management and simplify maintenance planning by organizing detailed equipment and component data in a centralized system.

Enhance inventory traceability and control with real-time visibility into the movement and ownership of lot and serial-controlled items throughout the supply chain.