Is your company losing profits because of too much inventory or lost manufacturing time due to waiting for just-in-time parts? An enterprise resource planning (ERP) software system can fix your inventory logistics nightmares, starting from the supplier sending you a shipment and ending with the final product leaving your doors.
In order to manufacture your product, your “ingredients” start in someone else's business. Tracking your incoming ingredients is useful for many reasons. For example, knowing about an incoming container delay gives you time to find an alternative source of materials. Or, if the incoming parts are for a specific project without tight time constraints, you know to direct your employees’ attention to projects that can be completed while you wait for the delayed container.
As a business in the information age, having the right information is the key to profitability. Tracking your incoming shipments allows you to plan and schedule important aspects of your inventory and manufacturing processes. Combined with good forecasting, tracking your inbound containers should allow you to have optimized inventory and to save time you might otherwise lose waiting for parts.
Customers will also thank you, as having an accurate schedule for incoming inventory gives you a more accurate production schedule. A more accurate production schedule means that you can offer your customers more accurate information about when their orders will be filled and shipped.
A good ERP with container tracking can decrease any profit losses you might incur from having inventory management problems. Oates & Company offers discovery sessions to help you find the software that’s best for you – so contact us today and let us show you how a good ERP system with inbound container tracking would benefit you.
