Manufacturing inventory management is the process of tracking the inventory of products and goods in multiple stages of production. It involves monitoring the inventory of raw materials, work-in-progress (WIP), and finished goods. Effective manufacturing inventory management can help reduce production costs, streamline operations, and improve customer satisfaction.
It is important for businesses to plan and utilize an inventory management system because manufacturing inventory management directly affects the production of goods and, in effect, the supply chain. Establishing an effective manufacturing inventory management system can help businesses properly forecast inventory levels, thus, consistently meeting customer demand and expectations.
In this light, we have put together a number of resources to help manufacturers and other producers to more effectively understand what’s needed to efficiently manage their inventory.
Aligni Knowledge Center links
Material Resource Planning for Manufacturing
Supply Planning for Manufacturing
Inventory tracking defined
Tracking Material Usage in Production Environments
Why inventory tracking and demand estimation work together
Managing inventory lead times with MRP
Inventory analysis for manufacturing
Reducing material shortages
The use of Safety Stock in Manufacturing
What is a build?
How Aligni does this
Our software provides the tools to perform these operations more effectively than home grown spreadsheet systems and without the costs and requirements large-scale ERP system require. We’ve created some detailed information on how Aligni systems can help firms move to the next level of part and material management.
Aligni product links
If you’re looking to move to a more effective solution to managing your inventory needs, it is time to step up to a purpose built system to manage parts, materials, and the processes of planning and purchasing them. It’s time to sign up for Aligni.