Why is Material Procurement Process Optimization Important?
Effective material procurement process is very important for any organization, but especially so for manufacturing companies as it drives the rest of the supply chain cycle and provides timely delivery of materials to the manufacturing line. Delays or worse, inconsistencies, in the material procurement process can result in manufacturing flow blockages, time & cost overruns and wastages. Implementing a material procurement automation solution can keep the rest of your supply chain operating smoothly, keep costs down and provide better value to your customers. Optimized Solutions offers Good Receipt Automation solution to meet all your material procurement process optimization needs.
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Goods Receipt Automation Problems & Opportunities
Do these problem scenarios sound familiar to you?
❶ Delivery trucks end up waiting for long periods and goods are unloaded slowly
❷ Field personnel struggling to cope with unexpected large number of goods receipt
❸ You are manually entering paper documents into your ERP systems upon goods delivery
❹ You are printing labels which are then applied to delivered goods for logistics & production planning process.
❺ No one really knows when the supplier will be delivering products next
❻ You are experiencing manufacturing line holdups because there’s delay between the time goods are received and delievered to the assembly line
❼ You have no visibility into delivery performance, including cancellations, delays & mis-shipments
❽ Inventory checking takes manual effort and time
Paper-based Manual Record Keeping
Manufacturing Line Holdups
Slow Inventory Checks
Supply Chain Inefficiency Spillovers
GOODS RECEIPT AUTOMATION BENEFITS
Fully automated real-time updates of inbound inventory items
Enhanced efficiency of warehouse, plant, and field personnel
Reduced Goods Receipt / Invoice Receipt reconciliation errors
Improved overall service procurement reconciliation
Reduced operational costs
Minimized invoice exception situations
GOODS RECEIPT SOLUTION FEATURES
Collaborative model between client & Optimized Solutions
Leverages core business processes in ERP while IoT integration adds innovative capabilities
Platform agnostic – can be used with any ERP platform
Delivered on an agile model with weekly sprints
4-6 weeks of build & test effort, with one week for demo & closure