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Kathy Barthelt
/ Categories: RMCbuild

Managing the Inventory Risk

Infor LN & Baan

Proper inventory management and planning is not for the weak!

Any of these ever happen to you?

  • My supplier can’t provide the raw materials I need when I need them because I waited too long to order.
  • I underestimated how much raw material I had on hand and now my customer’s order is waiting on hold until I can get the parts I need.
  • I couldn’t meet the desired delivery date for my customer’s order, so they took their business somewhere else.
  • I ordered too many raw materials or made too many sub-assemblies because I didn’t have good visibility to my on-hand inventory.

RMCbuild makes inventory management easy. With RMCbuild you can view all raw materials, on-order inventory, work-in-progress, sub-assemblies and finished goods all at once, and have a complete snapshot of your inventory in seconds. Now you know whether or not you can build the number of finished goods required. You can get this with RMCbuild!

Learn More > RMCbuild

Get a demo

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Kathy Barthelt

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Tips:  LX | BPCS | M3

Key Performance Indicators measure how effectively your performance objectives are being achieved.

  • Have you defined KPIs for your company?
  • Are you measuring them effectively?
  • Is everyone in your company aware of what the KPIs are?

If you haven’t already done so, consider tying personal performance objectives directly to the company’s performance objectives. Doing so can greatly increase the likelihood that the company’s goals will be met.

Optimize Your Manufacturing Today!

Are your employees not as productive as you’d like them to be? Are jobs not getting completed on schedule? Without actual data, making decisions about how efficient your operation is will be difficult. Start tracking actual time to complete each operation. Compare different production lines running the same job. Is one line running more efficiently? If so, start looking at why. Track downtime, setup, etc. Once you start really analyzing each piece of the puzzle, you can begin to uncover areas that are ripe for improvement.

Optimize Your Manufacturing Today!

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Tips: LN | Baan

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