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Material Requirement Planning
Plan and manage materials and inventory for production. Keep track of materials and components needed for production, track stock levels, plan orders, and optimize purchasing and production processes
Understand the current inventory levels to accurately plan the material requirements needed. Estimate the quantity of material required and the time it takes to procure it. Monitor the inventory levels and plan accordingly to meet customer demands. Analyze the material costs and establish a budget. Generate accurate and reliable reports that can help you plan your material requirements. Set safety stock levels to avoid any stock-outs. Get timely alerts and notifications about the inventory levels to stay informed. Monitor the material availability and take corrective action whenever needed. Managers can accurately track material requirements, from the moment they are ordered to the moment they are delivered, set realistic deadlines and goals for their material needs, accurately estimate their inventory needs for future projects, identify any potential problems in their material supply chain, and identify potential cost-saving opportunities
Monitor stock levels in real-time, enabling efficient ordering and re-ordering of materials.
Reduce the need for manual data entry, eliminating the potential for errors.
Automatically generate purchase orders based on the current inventory levels.
Key Features of Material Requirement Planning
with Deskera ERP.
Establish Material Requirements
Ensure your organization is aware of material needs and acquire the necessary supplies
Monitor Inventory Levels
Stay up to date on inventory levels and adjust as necessary
Forecast Future Requirements
Examine trends and anticipate future material needs
Assess Suppliers
Evaluate suppliers and select the best options for material procurement
Negotiate Agreements
Negotiate contracts and agreements with suppliers to get the best deals
Schedule Deliveries
Organize timely deliveries of materials to meet production needs
Track Incoming Shipments
Monitor all incoming shipments and ensure they meet quality standards
Implement Quality Control
Put in place quality control measures to guarantee material quality
Manage Storage
Properly store materials to extend shelf life and ensure safety
Monitor Performance
Track performance of material requirements to ensure objectives are met
Track Raw Material Lead Time
Accurately track lead time for timely procurement of raw material for efficient inventory management, and timely replenishment to ensure uninterrupted production