Keep cool ...
... in Inventory Management.
The ultimate goal of materials planning must be to create a balanced ratio between inventory and ability to deliver, between minimal capital lockup and fastest possible fulfillment of customer requirements. ABS® offers a number of planning parameters with which you can determine how the Inventory Management – organized by parts - should occur.
The assessment of demand takes place based on Inventory parameters. ABS® checks the available stock-on-hand inventory and plans purchases for parts that are low. The way ABS® determines the demand of your products is controlled via the planning type. ABS® differentiates between usage-based and materials requirements planning. In order to get meaningful material requirements for usage- based planning, ABS® offers processes for non-varying projection and linear projection. Both planning types are included by illustration of MOHR’s envelope.
The calculation of the required material depends on whether a stock-based or order-based process has been chosen.
The type of procurement is fixed in the base data of the product or can alternatively be fixed by the user at the time of procurement. If an customer order includes parts, ABS® recognizes and lists them automatically. This supports the user in the make-or-buy decision, which can then be taken depending on capacity utilization. ABS® thus optimizing your procurement process.
In order to ensure transparent and flexible planning, especially in make-to-order production, a link of all Inventory Management processes to the relevant causes is absolutely crucial. ABS® automatically matches processes to their causes, such as customer orders or cost centers.
ABS® provides simple and clear inventory control, and besides the current inventory, receiving and quality control, it also shows special stocks like provision stock for suppliers, service stocks or borrowed stocks. Online statistics quickly informs you of future demand and consumption and thus provide the conditions for solving the conflict between stock reduction and readiness to deliver.