With a robust ERP manufacturing solution, inventory managers are in the position to make informed decisions concerning demand chains and supply chains. With a real-time data available through ERP software, plant departments are integrated and co-ordinated towards the goal of decreasing randomness in the production process. ERP inventory management software is suited as an assessment tool for gauging how JIT any manufacturing system really is through the number of turns the inventory takes; and of course, increased turns is the desired result of a lean system eliminating waste by the reduction of on-hand inventory. With the knowledge gained through the real-time data available in ERP, inventory management becomes a central point of analysis for finding additional efficiencies in the system flow.
Tuesday, April 29, 2008
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