Magnet Source

The context

From growing magnet demand to modern, integrated operations

Magnet Source, the brand of Master Magnetics, Inc., manufactures and distributes industrial and consumer magnets, magnetic devices, assemblies and flexible magnetic materials, serving industrial, OEM, printing and resale markets.

Before the Odoo project, Magnet Source ran its operations with tools that did not provide unified management of sales, inventory control and financials. Information was scattered, processes were not fully streamlined, and teams had to spend time reconciling data between different systems to get a reliable picture of operations.

The goal was to streamline operations end to end, avoid manual re-entry, gain consistent control over stock and production, and give management reliable visibility on performance so they could support growth while maintaining service quality.

Their needs

Structuring the business around a robust ERP backbone

To streamline their operations, Master Magnetics needs a robust ERP system like Odoo. This will enable them to manage all aspects of their business, including sales, inventory control and financial management. They have chosen Captivea for its expertise in ERP implementation, to ensure a smooth transition.

• Implement a single ERP system capable of managing sales, inventory control and financial management in one place.
• Eliminate repetitive data re-entry between separate tools and ensure information flows smoothly from sales to accounting.
• Improve planning and control of inventory and manufacturing so orders can be fulfilled efficiently and on time.
• Gain clear, consolidated visibility over operations and costs to confirm budgets, timelines and decisions with confidence.