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ParityFactory has been recognized by CIO Applications Magazine as the exclusive recipient of “Top 10 Oracle Solutions Companies - 2023,” based on our proprietary methodology, reflecting its position in the industry, and is also named among “,” reflecting its broader leadership. This profile has been developed by the CIO Applications research and editorial team based on insights from an interview with Tyler Marshall, President.
Tyler Marshall, PresidentIt is the motto that drives ParityFactory, a leader in providing food-specific WMS and production management software systems. Founded by a team of food manufacturing experts, it specializes in automating food processors’ materials control operations with its solution built by combining modern software, ERP integrations, and factory equipment.
“ParityFactory is the result of our passion for weeding out challenges facing the food processing industry that slow down their operations and business growth,” says Tyler Marshall, president of ParityFactory.
Having worked in the food manufacturing industry for years, ParityFactory saw the challenges of manual traceability, paper inventory control, and plant inefficiency first-hand. Relying on these archaic data management models is not ideal for food processors struggling with stringent food safety regulations. They need a solution capable of tracking a large and complex set of data—from procurement to production to delivery—and flexible enough to process all scenarios in real-time.
Leveraging its expertise with both Oracle NetSuite and Microsoft’s suite of ERPs, ParityFactory has built a fit-for-purpose solution for food processors with specific requirements that go beyond the capabilities of even these robust ERPs. It has designed and tested the solution in live production environments, helping clients enhance operational efficiency and gain real-time visibility into their inventory.
“We help clients digitize their floors by offering top-notch inventory control with integrated lot tracing and production management,” says Marshall. “Our WMS and MES software tracks all the data generated within their facilities and stores it in NetSuite or Business Central, enabling the world’s leading ERPs to serve one of our most critical industries: food manufacturing.”
ParityFactory combines the best WMS with top-notch traceability and manufacturing tools that make it ideal for tracking and cost co-products and byproducts. Designed to seamlessly integrate with any leading ERPs in the market, its WMS and MES software never replaces them; instead, it makes those ERPs to be effective for food and beverage factories.
Aspiring to serve as clients’ trusted partner, ParityFactory embraces a partnership approach while collaborating daily with food manufacturers. A typical client engagement begins with a comprehensive assessment where it analyzes their systems and methodologies to identify the gaps. The team then works with them to identify the best plan of action to deploy a system and improve business operations. Often in partnership with Oracle NetSuite, ParityFactory takes a hands-on approach to build a solution that best suits their requirements.
This is followed by a test phase, where ParityFactory deploys its solution to its ecosystem, testing it side-by-side with its existing processes. Its team handholds them through the process to understand all the changes brought in by its solution and identify the improvements needed to make it an ideal fit for their facility. Once the revision phase is completed, it ensures a smooth implementation, guaranteeing they’ve visibility to inventory and processes, all done without any operational disruption or downtime.
We help clients digitize their floors by offering industry-leading inventory control with integrated lot tracing and production management
Successes like these are a testament to the ParityFactory team’s commitment to ensuring food safety and clients’ business growth. All its team members and products are solely focused on enhancing the food manufacturing industry, a unique differentiator that helps it stand out from a horde of generalists. It will continue to work with clients, understanding the changing industry dynamics and needs and aligning with the changing tides. This approach of constant communication with clients and industry leaders enables ParityFactory to tweak and modify its solutions in a way that gives it a competitive edge in the marketplace.
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