What we are working on for 2023:
Jeff HalonenSteelhead took a survey of 55 fabricators at FABTECH and found that 66% of shops have already brought their finishing/coating in-house due to LEAD TIMES. Steelhead customers (finishing job shops) have frequently described pain from extremely difficult and inefficient scheduling, as well as revenue left on the table by not offering expedite services.
In 2023 Steelhead will take Capacity Planning and Scheduling to the next level in Metal Finishing. Fully predictive AI scheduling will model production before it happens, eliminating time spent generating schedules, providing reliable lead times, improving production efficiency, and unlocking the expedite services business model.
Our top new products/services for 2022 were:
Steelhead had a monster year in 2022, including raising investment, hiring a world class team, building an incredible platform, and serving dozens of customers. With the goals of boosting profit and saving time, features like Automated Quoting, Reporting, and Margins add transformational value for shops. Features like Workboards, with operator instruction improve quality and improve training time, by focusing the software to serve those on the plant floor, not just the front office. Steelhead’s scheduling tools have replaced complex excel sheets and whiteboards, and customer notifications have saved countless phone calls and emails.
Above all, the single biggest hit in 2022 is Automated Profit Margin Tracking. Sales teams and business leaders can guide their companies away from work that is not profitable, and to make commercial and operational adjustments to maximize profitability.
What our customers are telling us about 2023:
Customers are focused on automation and insights. We need to work smarter, not harder.
With automation, it is: How can we do this faster? Can we eliminate this step? What if every time we did X, Y would happen? I spend 3 hours a week doing this same task every week. I quote on nights and weekends. We need to streamline!
With insights: Can I see an instant overview of the dollar value of work in progress per customer? Can I track the efficiency of each line? How can we better understand our quoting and sales conversions? Which industries are growing or shrinking? Which customers are growing or struggling? Which geographies are seeing growth?
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