Inventory
FactoryMaster provides full control over both raw material and finished goods inventory.
Raw Material Stock Control:
FactoryMaster raw material inventory control does not require item codes to be allocated to each raw material. Instead, the item is categorized according to its:
Against each size of a particular raw material the total quantity on hand, available, on order and allocated is visible. Drilling down into this data provides a view to the individual batches and their respective supplier, purchase date, cost, cast number, release note number, quantity and number of lengths/sheets (by stores Location).
All standard types of stock movements (e.g. goods receipts, goods issued, adjustments, etc.) are catered for.
Future demand, by week or month, is calculated (via the M.R.P. report) from the forward order demand - expanded for Assemblies and taking into account manufacturing and purchase lead times to facilitate the necessary forward ordering of material to satisfy future demand.
Material traceability and costing to work orders is dynamically generated as material is booked out of stores against a work order.
Finished Parts Stock Control:
Similar control to the above is provided for finished parts ensuring that relevant traceability data is stored per batch.
All inventory is identified by its item number from which stocks can be seen at part number issue level (with appropriate traceability data stored by batch number).
Full transaction movement history is maintained for all parts and their associated batches and as with raw material, future demand is calculated from the forward order data,
All purchased and manufactured parts are controlled, and traceable, through inventory comtrol even where items are manufactured and immediately shipped to Customers.
Where purchase orders are raised, the Parts or Raw Materials are quickly received and all relevant details and costs are ‘inherited’ from their purchase order.
Full audit trail traceability and reporting of all inventory movements is provided.