Efficient repetitive manufacturing requires accurate inventory. Without it, automated routines like Materials Requirements Planning and Forecasting do not work.
A key component of accurate inventory is the timeliness that transactions are captured within the management systems. If the time lag of processing receipts of raw materials, issues onto work orders, receipts from work orders or issues to client orders are delayed, the automated routines are recommending actions that are out of date. Our system captures this information in real time, and enables timely and accurate decisions to be consistently made.
Stock management is provided across all types of inventory from finished goods, part process items, work in progress and raw materials.
Adding the time dimension to Inventory control
For inventory information to be useful, there needs to be a time dimension added. In order to meet today's requirements for production, raw materials needed to be ordered sometime ago. To make these time phased decisions, purchasing staff need to know when production is actually going to require the inventory, when they will run out of stock, and what the related lead times and ordering rules are for each item.
In order to meet commitments made to customers, planners need to know what current material availability is and what other demands there are on the same materials and other resources.
Also, materials often need to be planned over a long horizon (sometimes 12 to 18 months where seasonal availability is a factor). In order to achieve this, full integration with long range forecasting is required.
Tracked and Located Inventory
Often a detailed level of tracking is necessary. This evolves dynamically where inventory is in terms of branches, warehouses, isles\rows\bins or shop floor pick faces and third party warehouses.
This is particularly important when batch, serial, pallet or carton tracking is required. Warehouse staff can't efficiently and accurately find and record specific pallet\batches\cartons, if they do not know where to find them.
Barcode and Wireless Processing
Our systems are fully barcode capable and can be deployed in wireless warehouse environments. This enable the warehouse staff to pick accurately, automatically identifying the correct inventory and related tracking information at the pickface as they pick orders in real time.
In order for this to be achievable, our "coal face" solutions are simple and automated.