Effective Inventory Management with MRP software – 19th July 2017

Effective Inventory Management with MRP software – 19th July 2017

The first question of effective inventory management is not, “how much inventory should we have?” Nor is it, “when should we make or buy something?” The most important question to ask in today’s manufacturing environment is, “given our system and environment, where should we place inventory to have the best protection?”

Once you have established and replenished your inventory positions, the actual levels of your inventory have to be initially set.  Over the course of time, group and individual traits can and will change as new suppliers and materials are used, new markets are opened and/or old markets deteriorate and manufacturing capacities and methods change.

Inventory controls within an MRP system will allow your company to adapt to group and individual part changes over time through the use of several types of adjustments. So as more or less variability is encountered or as a company’s strategy changes, so will your MRP system.  It will allow you to adapt and change it to fit the environment of the time.

Take a look at MIETrak Pro and see how we can improve your Inventory control and visibility.

What could happen without an MRP & Production Control Software solution? – 5th July 2017

What could happen without an MRP & Production Control Software solution? – 5th July 2017

It is imperative that companies control the types and quantities of material they purchase, plan which products are to be produced and in what quantities to ensure that they are able to meet current and future customer demand, all at the lowest possible cost for both you and your customer.

Making a bad decision in any of these areas will make the company lose money. 

Why? 

  • If a company purchases insufficient quantities of an item used in manufacturing (or the wrong item) it may be unable to meet contract obligations to supply products on time.
  • If a company purchases excessive quantities of an item, money is wasted – the excess quantity ties up cash while it remains as stock that might never be used at all.
  • Beginning production of an order at the wrong time can cause customer deadlines to be missed.

This is where an MRP tool can deal with these problems. It provides answers to several questions:

  • What items are required?
  • How many are required?
  • When are they required?

MRP can be applied both to items that are purchased from outside suppliers and to sub-assemblies, produced internally, that are components of more complex items.

Can you continue to take the risk of not having an MRP system in place?

No? 

Then take a look at MIETrak Pro a complete all round MRP & Production Control Software for all types of manufacturing industries.

 

Why do you need to buy MRP software? – 21st June 2017

Why do you need to buy MRP software? – 21st June 2017

The basic functions of an MRP system include Inventory control, bill of material processing and scheduling.  MRP helps manufacturing businesses to maintain low inventory levels as well as helping to plan manufacturing, purchasing and delivery activities.

Every manufacturing business faces the same daily demands of their customers.  The demand of wanting products to be available in a shorter time than it takes to make them – so some level of planning is required to meet these demands.

It is imperative that companies control the types and quantities of material they purchase, plan which products are to be produced and in what quantities to ensure that they are able to meet current and future customer demand, all at the lowest possible cost for both you and your customer.

Making a bad decision in any of these areas will make your company lose money.

So to gain visibility across all aspects of your manufacturing business from the front office through to invoicing you need MIETrak Pro.  We are a front runner in all MRP and Production Control processes and have been for over 25 years with a successful worldwide product we have the experience, knowledge and the professionalism to ensure you remain profitable and competitive as you grow and develop.

Contact us today and download a brochure to see how we can change the way you view your manufacturing business.

Selecting the right MRP Production Control Software for your Manufacturing Company – 22nd March 2017

Where do you start?  The research phase can be the most enjoyable step in the software selection process.  You can surf the net, read blogs, check out social media and download white papers.  The more research you put in now will reward you later and allow you to gain knowledge and be wiser, in short listing the software providers.

To be able to fully capitalise on your investments you need an MRP Manufacturing Software that offers a front and back end system that would help you to respond to customer requests more quickly, simplify front and back office management and at the same time improve visibility across every aspect of your operation.

In short, MIETrak Pro a Manufacturing ERP system delivers all this and so much more. 

It boasts unrivaled production planning visibility enabling your business to load and plan to capacity; ensuring your products are turned around efficiently.

Contact us today and see how MIETrak Pro can revolutionise your manufacturing processes.

 

 

Which MRP System should we choose? – 7th November 2016

Material requirements planning (MRP) is a production planning, scheduling, and inventory control system used to manage manufacturing processes.

Prior to MRP, and before computers dominated industry, reorder point (ROP)/reorder-quantity (ROQ) type methods like EOQ (economic order quantity) had been used in manufacturing and inventory management.

In 1964, as a response to the Toyota Manufacturing Program, Joseph Orlicky developed material requirements planning (MRP). The first company to use MRP was Black & Decker in 1964, with Dick Alban as project leader. By 1975, MRP was implemented in 700 companies. This number had grown to about 8,000 by 1981.

Today an MRP System is essential in this every changing, ever demanding manufacturing sector. Without one, you will not remain competitive, efficient, ISO compliant and more importantly profitable!

MIETrak Pro is the MRP Systems solution specifically for Manufacturers.

With knowledge expanding over 25 years, you can be assured that we know our business. Which means we make sure we know your business.

Download a brochure today and see how we can help improve your business efficiency.

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