Inventory management is one of the major parts of a business and manufacturing unit to function in an effective way. Its support is inevitable. It helps to eliminate wastage of time and manpower efforts. However, integrating a perfect and advanced inventory management tool is crucial.
Synnove Systems, one of the leading SAP Services Singapore provides the best and customizable inventory management solutions to manufacturers and businesses.
There are two levels, which need to be focused on for inventory management, and they include:
1. Plant: The plant implies a physical location where some of the manufacturing processes take places such as stored material management, maintenance, and some production processes.
2. Storage location: This implies an area designed within a plant for manufacturing processes. The storage location refers to a site where the inventories take place. This is a physical location featuring refrigerated cabinets, racking systems, trailers, and more.
Here is how Synnove Systems enterprise resource planning systems Singapore Inventory management is going to help a manufacturer:
1. Goods movement: The SAP system features number of goods movement, which can be inbound from suppliers or production department and outbound to customers and transfer of stocks from plants within the company. It also includes internal movement within the same manufacturing plant.
2. Goods receipt: This ERP SAP process may feature inbound from supplier and production processes of the company. The goods receipt should be managed immediately to enable instant use and quality inspections. This enables the quality department to perform their testing processes and thus complete them on time. The integration of SAP inventory management tools helps to quicken these processes in an efficient way.
3. Issuing of goods: The items present in the warehouse can be used for production processes and sold to customers. However, items issued to the production order and sales orders may lead to a reduction in the stock availability level. Therefore, the goods issue data can help to have a track over current availability of the stock in the warehouse.
4. Goods internal Movements: The goods and materials in the plant can be moved to the storage locations in the process of either for the production or for customer delivery. Moreover, sometimes the materials are also moved to another location when there arises an immediate need for materials. To manage such instant plant to plant material transfer the inventory management SAP ERP system Singapore helps hugely.
5. Quality inspection: The Synnove Systems ERP solutions company Singapore inventory management tool is also efficient in the process of quality inspection. This helps optimizing the supply chain with just less time and low cost.
With many more benefits to gain from the SAP inventory management tool, Synnove Systems helps the manufacturers in designing their unique system that perfectly suits the inventory requirements. Undeniably, SAP Synnove Systems tools are a perfect solution for businesses and manufacturers of large sizes.
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