To better manage inventory throughout the entire manufacturing process, our solution provides tools to track inventory at every stage in the warehouse or shop floor, ensuring the stock flows in sync with manufacturing and customers' needs.
To learn more about manufacturing process solutions, visit manufacturing management software. The following are details on Inventory Management that focus on inventory processes and allow for monitoring and managing inventory to prevent unplanned stoppages.
An effective inventory management solution needs first and foremost to simplify and digitally transform existing and planned inventory management processes. Good manufacturing inventory management is particularly crucial in hi-tech and innovative industries, where inventory cost is typically higher and unplanned supply chain shortages can be detrimental to manufacturing operations or even lead to lost sales. With its Inventory Management feature, Manufacturo helps manufacturing companies solve their inventory management challenges, all while reducing production costs.
Capitalize on end-to-end traceability of all inventory movements—from vendor delivery, through storage and production, all the way to shipping—integrated with all shop floor operations in a single view.
Precisely contain and prevent usage of defective inventory via seamless integration with Manufacturo Nonconformance Management, enabling precise containment at any stage through all manufacturing process: in storage, in production, and in shipping.
Ensure real-time transparency and seamless replenishment execution of inventory according to production demand.
Use a poka-yoke mechanism for real-time validation of correct inventory used for production and shipping based on material and order specifications.
Leverage adaptable traceability profiles allowing for inventory tracking details to be changed on the spot, without a need to recreate a stock.
Integrate orders and transactions in near real time, leading to more accurate and reliable data in an Enterprise Resource Planning system.
Accelerate task completion using an optimized user interface, responsive to work on mobile and desktop devices with effective utilization of barcode readers and label printers.
The need and choice of an inventory management system can vary depending on the kind and type of products manufactured. High-volume manufacturing will require different inventory control software to that used in hi-tech and complex manufacturing operations. Manufacturing inventory management systems customized to your specific business needs will allow for better control of production process and faster buyoffs, leading to increased customer satisfaction.
The Manufacturo Inventory Management feature helps keep your inventory organized at every stage of the manufacturing process providing end-to-end visibility and traceability to give real-time insights and ensure your inventory records are always up to date.
To develop and implement an efficient inventory management system, manufacturing companies today need more than a team of inventory professionals and an enterprise resource planning (ERP) software. Such an approach is a fundamental problem in the outdated inventory management practice that relies on spreadsheets, printed documents, and manual inputs. Disparate strategies hardly work even for manufacturers whose production processes are relatively simple and don't often change.
Demand for adaptable manufacturing and accelerated production requires smart manufacturing systems capable of dynamically matching all parts with production flows in real time. Manufacturo Inventory Management offers that and more, enabling manufacturing businesses to control and synchronize inventory levels across all manufacturing models at every stage of the process.
A good inventory management system will quickly lead to improved inventory accuracy, and thereby increasing the accuracy of production planning and reduction of inventory-caused downtime in manufacturing processes.
An extensive inventory management solution will provide real-time insights to effectively eliminate a need for frequent physical counts, reduce parts shortages on the line side, and gain visibility of the kitting status.
An advanced inventory management application will drive cost savings by eliminating errors and improving efficiencies for material handlers through smart scanning and precise inventory traceability.
Manufacturo Inventory Management helps hi-tech manufacturing businesses ensure real-time inventory control and keep production seamlessly flowing by monitoring all inventory transactions to pinpoint inefficiencies or faults and prevent supply chain shortages. Using Manufacturo's inventory management software for inventory tracking enables manufacturers to:
Prevent material shortages enabling just-in-time manufacturing and averting unexpected delays
Reduce inventory inefficiencies caused by excessive safety stock levels
Gain end-to-end transparency and traceability to support effective containment and troubleshooting across departments and sites
Improve efficiency of inventory handlers by optimally guiding them in the execution of prioritized tasks
Effective inventory control is crucial not only for hi-tech manufacturers but across all industries and sectors. Manufacturo Inventory Management enables innovative manufacturing businesses to create an efficient and high-speed production process by automatically managing stock levels, scrap, and waste, all while dynamically matching material supply with manufacturing demand in real time. Manufacturo's inventory management solution helps drives agile manufacturing and reduce operating costs by:
Tracking stock levels in real time to prevent manufacturing inefficiencies and eliminating unplanned component shortages, which, otherwise, lead to shop floor operations stoppages.
Anticipating and averting materials deficiencies by monitoring, navigating, and matching replenishment with production demand in real time to ensure that components or substitutes are always available.
Supporting agility and flexibility of manufacturing operations by dynamically matching material supplies to engineering and product changes.
Optimizing the work of inventory handlers by providing clear instructions and execution of prioritized tasks and orders.
Poor inventory management may have a very negative impact on business performance, even leading to increased overhead costs and lost sales. Manufacturing and distribution companies always need to stay on top of their inventory, but the ability to track inventory in real time is even more essential in complex industries. Hi-tech emergent manufacturers are heavily reliant on transparent, smart, and predictable inventory management that tracks inventory from receiving to shipping and dynamically matches available inventory with manufacturing demands in real time.
Enforces consistent quality control, safety, and sustainability standards of materials used across diverse assembly lines
Allows for validating component quality and condition through end-to-end traceability of all inventory transactions
Helps enforce consistent standards across fragmented manufacturing processes through centralized real-time tracking of all material quantities and movements
Prevents usage of defective products through integration with Nonconformance Management
Supports effective containment of defective parts through integration with One View Genealogy
Ensure the right materials are available to meet production demands.
Process and Procedures
Streamline your production processes and cut manufacturing costs
Control all inventory movements and contain defects at every step
Gain enhanced traceability to increase safety and compliance
Eliminate nonconformance issues, mitigate nonconformity risk, and increase regulatory compliance
Gain holistic visibility to predict, identify, and eliminate potential issues before they become critical blockers
Embed screens and customize attributes to improve data accuracy, streamline workflows, and increase productivity
Effectively manage corrective, preventive, and containment actions and configure custom action types to improve your entire CAPA process
