Located in Gympie, Cooloola Custom Stockfeeds manufacture a range of stock feed products including Horse Rations, Poultry Blends, Baconer Rations and Custom Blends. The Cooloola Stockfeed Mill in the heart of Gympie has milled and supplied stockfeed to Cooloola Shire farmers in the region since 1927. They source pure wholegrains like barley, maize, sorghum, wheat and cottonseed solely from Australian growers.
Cooloola Custom Stockfeeds used MYOB Premier to manage their financials for 11 years. However, poor visibility of their inventory caused headaches and made tracking ingredients and production orders difficult. This led the company to seek an integrated inventory management and financial solution to put them in a good position for further growth.
“The main objectives were to bring across their segregated systems that were paper-based and replace it with a system which integrated with their financials”.
Cooloola Custom Stockfeeds wanted to automate their order process and integrate their system with the view to improving inventory trackability and streamlining their overall business operations. An external consultant was hired to seek out a new system. After investigation, the company concluded MYOB Advanced would be the perfect fit for their thriving manufacturing business.
Regaining control and insight
Cooloola Custom Stockfeeds were put in contact with Momentum Software Solutions an MYOB Advanced Platinum Partner to implement the new solution. “We went with Momentum primarily based on location and support” says Peter Finch, General Manager. “Supporting local businesses and the local community was also important to us”. Peter states.
Lead Consultant Nicholas Wood from Momentum lead the implementation which saw Cooloola Custom Stockfeed regain control and insight into their inventory and manufacturing processes. “The overall implementation went smoothly; they are a great team who were positive and actively involved in the implementation process” says Nicholas. “The main objectives were to bring across their segregated systems that were paper-based and replace it with a system which integrated with their financials”.
“Now we can accurately track our inventory from start to finish and it’s all on one platform”.
“We wanted to provide Cooloola Custom Stockfeeds with a clearer picture into their business operations and have all information in one place”. “Now with MYOB Advanced they have an accurate picture of raw materials coming in. Their stockfeed recipes are setup as kits in their system and this allows them to produce products knowing, what the cost is for each component. This ultimately provides them with an accurate understanding of what they have in stock for raw materials and for finished goods”.
MYOB Advanced has now transformed Cooloola Custom Stockfeeds inventory control and management. Peter says, “Now we can accurately track our inventory from start to finish and it’s all on one platform”.
The capabilities are endless
“The greatest benefit MYOB Advanced offers is the flexibility and visibility it provides. We have only just touched the surface, but the capabilities are endless” Peter commented. Their previous system lacked the ability to perform certain things they required, resulting in the company having to rely on endless spreadsheets outside of its accounting software. With MYOB Advanced Peter says, “it’s an all-in-one solution that’s got everything, it’s just the matter of getting the information out”.
“Overall, working with Momentum has been really great!”. “Nicholas has been excellent and really helped us out a lot”. It probably took our team 12 months to get used to using the system. It’s a learning process”.
“Momentum have been really good in a supporting role; it’s comforting to know I can speak to Nicholas and ask him any questions I may have”
Now Momentum provide Cooloola Custom Stockfeeds with ongoing support, training, and further improvements of their MYOB Advanced system. Peter comments “Momentum have been really good in a supporting role; it’s comforting to know I can speak to Nicholas and ask him any questions I may have”. “Momentum listen to us, as normal people. Nicholas doesn’t treat me like I am an idiot for not knowing everything. He breaks everything down to simple terms and that’s really good for good old stock feeders like us”.