Material requirements planning in manufacturing industry
A key aspect of manufacturing operations, Material Requirements Planning systems are designed to ensure that materials and products are available for production and delivery to customers, maintaining the lowest possible level of inventory while maximizing efficiency and productivity.
Challenges That Manufacturing Companies Are Facing
Manual record-keeping of goods and raw materials results in outdated information, leading to overstock or stockouts, damaging sales and reputation. As e-commerce sales surge, managers struggle to identify trending items, hindering timely restocking. Poor inventory management also increases the risk of employee fraud and financial losses due to price slippage.
Why choose Inventory
Management System (IMS)?
Balance the amount of goods needed in the warehouse
Optimize inventory turnover
Helps accurately orient business
Customer retention
Take charge of your warehouse with our tailored inventory control solutions
Storage
Create and manage specific storage locations, like shelves, aisles, cold storage rooms, and pallet racks.
Automatically route products to ideal storage locations based on real-time capacity (storage categories), product storage needs, and picking accessibility.
Product
Automatic reminders and picking priority determined by best removal and expiration dates.
Customize product variants for customer preferences.
Flexible custom fields.
Productivity
Scheduler triggers operations automatically based on product availability and forecasts of orders.
Live web page where customers can track the status of their order, payment, and delivery status.
Replenishment
Forecasted report of on-hand, incoming, and outgoing stock while operations are happening in real-time.
Automatically create requests for quotation when stock forecasts of materials fall below a defined threshold.
Combine with RFID
Use RFID tags to tag goods/ merchandises in the warehouse, so Manager knows which carts are currently moving and in which areas of the warehouse.
Inventory Valuation
Supports first-in, first out (FIFO), average cost (AVCO), and standard price costing methods.
Real-time accounting records generated for a product from stock purchases, scraps, and other inventory actions.
Integrations
Integrate with the Sales app to generate display delivery instructions.
Get the best prices for materials by scheduling recurring orders.
Integrate with third-party shipping carriers and logistics services to calculate cost of shipping.
Reporting
Full stock moves report to map and trace product moves from supplier to customer.
Monitor how long items have been in the warehouse. Quantities are sorted by receipt date, allowing you to stay informed about products nearing expiration.
Why choose us?
Cost and Time Savings with PeaSoft Development
By developing the PeaSoft package, the company can reduce costs and save time in managing warehouse operations
Real-Time Product Feedback for Customers
The customer can view the status of products at each stage of the warehouse process, allowing them to quickly provide feedback or suggestions that align with their actual requirements
Comprehensive Customer Support and Training
The customer receives comprehensive support, including product training and assistance with all questions related to the product during its operation
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