Service
Material Management (MM)
Streamline inventory, track batches, and eliminate stock-outs with ERP2ALL's automated Materials Management (MM) module.
Whether your business focuses on trading, retail, distribution, wholesale, or manufacturing, keeping a precise eye on your inventory is essential. ERP2ALL's Materials Management (MM) module allows you to simply and easily manage your stock from initial movement and transactions all the way through to quality control and replenishment.
By leveraging our advanced inventory management and stock control system, you can reduce variability, deliver full materials traceability, and improve your overall profitability through in-depth forecasting.
Here is a breakdown of the powerful features driving the MM module:
Advanced Stock & Location Control
- Flexible Location Management: Utilize a multi-level warehousing system that supports dedicated, suggested, or random storage for single or multiple item locations.
- Comprehensive Stock Tracking: Manage your inventory by physical location, batch, lot/sub-lot, quality status, serial numbers, and expiry dates.
- Versatile Costing Methods: Supports a wide variety of inventory costing methods, including FIFO, LIFO, Average, and FEFO.
- Automated Accounting: Seamlessly integrate batches and serial numbers with automated inventory accounting.
Seamless Transfers & Supply Chain Visibility
- Inter-Site Management: Effortlessly handle inter-site stock transfers and in-transit inventory, enabling you to accurately track lost, damaged, or stolen items.
- Consignment Tracking: Easily manage consigned inventory and third-party stock (e.g., inventory on a sales or return basis).
- Complete Traceability: Ensure full order and product traceability, moving both forward and backward through the supply chain.
- Manual Inspection Adjustments: Track inventory levels all the way to the warehouse, distribution center, or sales center, and make immediate corrections upon manual inspection.
Smart Replenishment & Production Planning (MRP)
- Optimized Replenishment: Automate inventory replenishment with or without Material Requirements Planning (MRP), factoring in Economic Order Quantity (EOQ) and rounding off based on packing and transit cost economies.
- MRP-I & MRP-II Integration: Streamline forecasting with MRP runs to generate planned orders. Seamlessly convert planned production orders from the master production schedule into actionable purchase orders for raw materials, even combining multiple products under a single supplier.
Manufacturing Excellence: Reducing Variability & Errors
Material variability, incorrect additions, and deviations from specifications are incredibly costly for manufacturers. Dispensing errors at the beginning of a batch can ruin production quality. ERP2ALL solves this by:
- Automated Weigh & Dispense: Reducing the risk of operator error and improving documentation accuracy to ensure materials are dispensed correctly and traced through the entire batch process.
- Barcode Labeling Technology: Ensuring the right material, in the correct quantity, and with the proper label is delivered to production on time to meet your manufacturing demands.
Data-Driven Decisions
- Robust KPI Dashboard: Make faster, more efficient management decisions with an intuitive dashboard that provides real-time insights into your material management operations.