How do Users Handle Passive Components as far as Inventory Control, Issuing Full Reels, Floor Stock, Order Point vs MRP Actions? |
How do Users Handle Passive Components as far as Inventory Control, Issuing Full Reels, Floor Stock, Order Point vs MRP Actions?
ManEx allows the issuance of partial or full reels to work orders. The amount actually needed for the work order is calculated, and the remainder of the reel is available for MRP and subsequent work orders, even though the reel is in WIP. We call it Work Order WIP, or WOWIP. Additional work order may have the same parts kitted directly from WOWIP to a new work order. Additionally, some companies simply issue a full reel to an inventory warehouse called floor stock, for the inexpensive items. In turn, the same items are marked "do not kit" so that the stockroom doesn't have to create a transaction. The operators simply grab a reel, and return the remainder to the floor stock after the kit is completed. This necessitates updating or reordering floor stock as the supplies are depleted.
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Article ID: 5201 |