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NETSTOCK MANUFACTURING

Optimize stock levels and stay on top of impending issues


Is it difficult to view bill of material flow through from finished goods demand? Are you running out of some components and raw materials while holding too much of others? Do you wish you had the ability to review and easily amend recommended manufacturing/purchasing plans?

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BOM EXPLOSIONS

  • Explodes demand from finished goods forecasts through multi-level bill of materials to components and raw materials.
  • Shows dependent demand consumption by contributing finished good and total for the raw material/component.

MAINTAIN THE RIGHT SAFETY STOCK LEVELS

For raw materials and components

Ensure raw materials and components have the appropriate safety stock, taking into account supplier delivery and forecasting performance of finished goods.

  • Factor in the risk of inaccurate forecasts for the next level up products in the BOM structure and avoid running out of components and raw materials needed to keep production running.
  • Flag phantom assemblies used to make the production process more visible in order to blow through that demand without building stock.

See the power of Flexible Manufacturing Plans

GET RECOMMENDED MANUFACTURING PLANS

For immediate action or for extended periods

Plan for the day

Manufacturers don’t normally change the production plans every day, but traditional re-order point ordering and planning assumes that you do.

This disconnect leads to emergency changes and rushed jobs, which hurts production, stock and your team.

NETSTOCK minimizes changes needed by using a “Look forward days” to factor in the period until the next planning can take place.

Plan for the week

Amending the look forward cover for just a week increases the items due for ordering and the panel indicates the impact on lines, units, value, weight and volume so you can better understand and plan.

Once you’ve confirmed the order report, your schedule is created for review and confirmation.

Detailed item plan

The view for individual items is summarized to allow for easier review.

  • Look at the visual graphics for sales and forecasts to identify unexpected patterns or anomalies.
  • Drill into the item for a more detailed understanding if needed.
  • See how the levels vary by day for a year into the future to better understand the orders being projected.

Visual interactions make the plan VISIBLE and EXPLAINABLE and not just a black box that nobody understands!