The right choice of inventory strategy can significantly affect a company's ability to compete. If inventories are generous, you are always able to deliver but inefficient processes are concealed. Low inventory stock levels save cost but can impact your ability to deliver. This conflict of objectives is exacerbated by altered customer needs, uncertainty in demand and procurement and constantly increasing market requirements. To guarantee competitiveness, processes have to be constantly optimized and provided with real-time information. Planning and MRP processes can only meet the demands of the market on the basis of up-to-date and transparent inventory data along the value chain.
By integrating measured inventory values for liquids and bulk solids into SAP® R/3®, you have constant information on the current inventory stock along the supply chain. Inventory stock and safety reserves are actively monitored and displayed in SAP® R/3®. The current inventory values can, in turn, be used to automate additional business processes, e.g. purchase requisitioning, continuous inventory, actual/target comparison etc. . |
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