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EnterpriseIQ ERP Case Studies
Manufacturing Inventory Software
Reduce Inventory Costs and Improve Tracking and Traceability
Inventory control may be the single most important factor in improving shop floor efficiency, part and materials accuracy and ultimately, your bottom line. From reducing physical inventory time to improving supplier communication or from tracking outsourced parts to forecasting necessary materials, the Manufacturing Inventory Software modules from IQMS helps you solve every supply chain challenge.
EnterpriseIQ's Inventory Software is built on facilitating lean manufacturing management principles with functions such as:
- Separate inventory master records for each manufacturing individual location (or "EPlant")
- Both eKanban and conventional Kanban control support
- Complete lot number tracking and traceability including supporting documents
- Serialized inventory control
The advanced inventory management tools within the EnterpriseIQ manufacturing ERP software solution provide all the functionality to store, track and fulfill orders based on real-time inventory information from the manufacturing floor, the warehouse, and outsourced and vendor locations. Through the Inventory Software tools below, tracking, managing and controlling inventory and associated costs has never been easier or more efficient:
- The Warehouse Management System (WMS) allows for inventory adjustments from anywhere on the plant floor through PDAs or other hand-held, radio frequency enabled scanning devices.
- Vendor Managed Inventory (VMI) capabilities support the ability to manage consignment inventory stored at customer or vendor sites.
- Inter-company Transactions allow multi-plant companies to achieve unified scheduling and distribution across all facilities.
- Outsource Inventory Management has all the tools needed to plan, manage, ship and track the status of products partial or completely produced at outsource vendor locations.
- Class-based inventory (i.e. finished goods, raw material, packaging) provides for "class-specific" information, such as vendor specific information or manufacturing data.
- Detailed transaction log provides a complete history/genealogy of transactions against any single item that remains with the item until the file is purged.
- "Where Used Analysis" quickly finds where an item is utilized by either manufacturing configurations or as a component in a blend.
- Maintain standard costs based on cost elements with complete roll up through work in process and finished goods.
- Supports non-conforming, non-allocate and default inventory locations.
- Maintains historical, current, and future costs.
- Unlimited UOMs associated with purchasing, production, sales or stocking for review or automatic conversion.
- Unlimited locations per inventory item.
- Unlimited price breaks let you set volume discounts for finished goods (selling) and raw material (purchased) acquisitions.
- eKanban. The min/max inventory system compliments sales, work orders and scheduling to ensure no item is ever missing or short.
- Mass substitutions as well as immediate or scheduled pricing updates.
- Shelf Life Management tracks expirations and automatically identifies non-conforming inventory with e-mail alert notifications.
- Blend technology allows you to maintain items that are made up of two or more materials.