Track, Manage and Control Inventory and Its Associated Costs
Inventory control is one of the most important factors in improving plant efficiency, part and material accuracy, and ultimately your profitability. The Manufacturing Inventory Software modules of DELMIAWorks (formerly IQMS) help you solve any supply chain challenge, from tracking inventory and outsourced parts throughout the production process to reducing physical inventory time and forecasting the materials required to meet demand.
DELMIAWorks' Inventory Software is built to facilitate lean manufacturing management principles with functions such as the following.
- Separate inventory master records for each production site (or "EPlant")
- Support for both eKanban and traditional Kanban control
- Complete lot number tracking and traceability, including supporting documents
- Serialized inventory control
Manufacturing Inventory Management
Inventory control plays a critical role in your company's success by ensuring that raw materials and purchased components are available when needed for production and that finished goods inventory levels are maintained as required to meet your customer's needs on time.
The advanced manufacturing inventory management tools in the DELMIAWorks ERP software system provide all the functionality needed to store, track and fulfill orders based on real-time inventory information from the shop floor, the warehouse, and outsourced and vendor locations.
Inventory Management Has Never Been This Easy and Efficient
Thanks to the following manufacturing inventory software tools, tracking, managing and controlling inventory and its associated costs has never been easier or more efficient:
- The Warehouse Management System (WMS) enables inventory movements and adjustments from anywhere on the plant floor via mobile or other handheld scanning devices.
- Vendor Managed Inventory (VMI) features support the ability to manage consignment inventory stored at customer or vendor facilities.
- Intercompany Transactions allow multi-site companies to achieve consolidated planning and distribution across all facilities.
- Outsourcing Inventory Management provides all the tools needed to plan, manage, ship and track the status of products partially or fully manufactured at outsourcing vendor locations.
- The detailed transaction log provides a complete history / genealogy of the transactions performed against a single item, which remains with the product until the file is purged.
- "Where Used Analysis" quickly finds where an item is used as a component in production configurations or in a blend.
- Maintain standard costs based on cost elements, fully rolled up through work in process and finished goods.
- Supports non-conforming, unallocated and default inventory locations.
- Maintains past, current and future costs.
- Unlimited price breaks allow you to define volume discounts for finished goods (sales) and raw material (purchased) procurements.
- eKanban. The min/max inventory system complements sales, work orders and planning, ensuring that no item is missing or short.
- Bulk substitutions as well as immediate or scheduled price updates.
- Shelf Life Management tracks expiration dates and automatically identifies non-conforming inventory with e-mail alert notifications.
- Blend and formula technology allows you to maintain products consisting of two or more materials or ingredients.
- Class-based inventory (i.e. finished goods, raw materials, packaging) provides "class-specific" information such as vendor-specific details or production data.
- Unlimited UOMs associated with purchasing, manufacturing, sales or stocking for review or automatic conversion.
- Unlimited locations per inventory item.
