K8 LV

• Manufacturing
• K8 LV

Software that delivers for the manufacturing industry

Industry-specific software is key for today’s manufacturers. With K8LV, you have a business management system designed specifically for the manufacturing industry, including a range of modules and features to meet the challenging needs of this sector. Many of your day-to-day tasks can become automated and streamlined for improved customer service.

Everything you need to manage your manufacturing industry Advanced Bill of Materials (BOM) management

Managing complex product assemblies is simple with our manufacturing software. You can create and manage detailed Bills of Material (BOM), from simple, single-level BoMs to intricate, multi-level builds integrated with precision engineering processes for the most demanding industry sectors. From tracking every component and subassembly to ensuring the availability of materials, our BOM management ensures accuracy and efficiency at every stage.

• Track all components, subassemblies, and raw materials from one screen, giving you instant oversight at a glance.
• Easily manage multi-level BOMs for complex products, ensuring you always remain profitable and efficient.

Material Requirements Planning (MRP) for optimised inventory levels

In the manufacturing industry, predicting the stocks of raw materials and finished products you should have on hand is a business-critical task. As some of these products may have a short lead time, you must ensure that you order as required to have the products on hand as you need them.

• Predict raw material needs from usage or sales forecasts and automatically generate purchase orders.
• Apply production lead times and seasonality factors to aid your decision-making.
• Utilise moving averages as well as static reorder levels to flex with the recent demand.

Maximise sales with improved order management systems

Our software streamlines the sales-to-production process with comprehensive order-processing tools. It tracks every stage from quotation to delivery, providing full visibility into the status of all your orders. For manufacturers producing customised products, customer-specific configurations enable tailored orders to meet specific requirements, while make-to-stock strategies ensure the availability of standard products.

• Easily convert customer orders into production schedules for smooth onward processing.
• Accurately forecast demand to optimise production and procurement schedules.

Next-level supplier management for improved relationships

Maintaining strong relationships with your suppliers is essential for a smooth production flow. Our software enables manufacturers to track supplier performance in real-time, monitoring critical metrics like lead times, quality, and pricing. Additionally, integrated communication and data-sharing features ensure seamless collaboration between your team and your suppliers. Should any events arise, you can respond quickly and be part of the solution.

• Monitor KPIs for supplier performance to help optimise collaboration opportunities.
• Ensure consistent material quality and on-time deliveries with real-time order tracking.

Our third-party integrations

Automating your accounts payable processing with EasyAP significantly reduces keying errors, speeds up payments, and helps save thousands of pounds in manual data entry.

Phocas is a cloud-based business intelligence application that uses data to display instant analytics, forecasts, budgets & fully up-to-date comprehensive statements.

Via cloud technology, Vecta Sales Intelligence & CRM is the mobile app that empowers sales teams to maximise their performance and achieve their full earning potential.

Batch traceability throughout the entire product lifecycle

Batch traceability is key because you can track all products sold from the source. That's why K8LV makes it easy to discover the origin of a product and examine its journey. A full range of features come as standard, including restricted locations to cater for stock that needs to be segregated from other product types.

• Track batches of raw materials used in production and locate all batches quickly & easily.
• Record where products & batches have been sold and view recall reports that identify end users.
• Record and apply expiry dates to minimise waste and improve customer satisfaction.

Multiple units of measure for each SKU to control inventory

Many products are often sold using a variety of units. These include weight, volume, or groups containing multiple items. Such stocking units impact pricing, promotions, and profit & loss statements. That's why K8LV allows you to accommodate and manage such units quickly and profitably.

• You can have multiple units of measure (UOM) for each product and define their relationship.
• Easily place sales and purchase orders using relevant units and view your stockholding in one UOM.

Integrated apps

Efficiently handle delivery processes with the mobile app that manages the complete delivery cycle, captures signatures and signatures, and electronically stores PODs online.

eReceipts makes it easy for fast and accurate goods receipt. Simple yet feature-rich and powerful, the smart app enables the swift processing of goods to meet customer demand.

ePick is a user-friendly, efficient solution that streamlines the picking process for busy warehouses & branches, ensuring fast and accurate picks and reducing handling errors.

Accelerate and streamline your stock management with eStockcheck, the app that fully digitises your checking processes so you can maintain optimal stock levels at all times.

Just-in-Time (JIT) inventory

Our software supports Just-in-Time (JIT) inventory practices, allowing you to minimise excess stock and reduce waste. We’ve worked with customers in your industry to develop processes that always order critical materials on time and on schedule. In turn, you can operate with lower inventory holding costs and improved overall levels of efficiency.

• Minimise unnecessary waste and costs by ordering the needed materials at the right time.
• Minimise your inventory holding costs and boost your cash flow with tools that help you achieve improved financial efficiency.

Sophisticated warehouse management to enhance service

Running a busy production facility, you will recognise that raw materials must move with speed and efficiency through your business. Plus, you must always manage the tracking and traceability requirements for finished products. K8LV has a powerful warehouse management module that automates many tasks using modern smart technology, increasing efficiency and optimising your warehouse space.

• Gain full control over your goods receipt, putaway, stock movements and picking.
• Intuitive smart devices & apps help you automate manual processes and improve accuracy.
• Save time and reduce errors by utilising bar code technology to scan incoming goods.

Integrated financial management to manage your business

Control all aspects of your balance sheet with K8LV’s fully integrated suite of finance modules. Easily manage your cash and debtors, perform supplier invoice matching, take electronic payments, and conduct full general ledger accounting with electronic VAT returns. But this is only the start.

• See customer credit with an automatic hold facility as and when required.
• Oversee comprehensive profit & loss and balance sheet accounting.
• Automated bank reconciliation with cash receipt posting and auto invoice matching.

Real-time data and analytics that drive profitability

Every business generates data, but the ability to quickly interpret that data is crucial. K8LV offers ready-to-use business intelligence tools that provide actionable insights into your operations, enabling you to make informed decisions. You can monitor finance, manufacturing, sales, and procurement data in real time, allowing you to assess the impact of your decisions and improve efficiency.

• Monitor KPIs through dashboards and visualisations to easily see patterns, trends, and comparisons.
• Actionable reports delivered as things happen identify issues and opportunities as they occur.
• Improved data governance enables a single source of truth and promotes a data-driven culture.