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Managing Steel bar inventory   Message List  
Reply | Forward Message #1823 of 1832 |
RE: [Distribution_Inventory_Control] Managing Steel bar inventory

Though this is a rather common situation, I have yet to see a clean way to handle it. Many inventory systems are capable of managing the multiple UOMs (converting bars to FT) and this part works pretty well. However, when it comes to tracking actual bar lengths in stock and especially when it comes to handling scrap when you end up with remnants, you usually don’t get a lot of help from your inventory system. So in most cases you are stuck with manual processes. There is no single best way to do this so you need to figure what seems to fit best for your specific needs. The most important thing to consider with these types of processes is keeping the process simple enough as to not confuse the workers that need to manage it, and then making sure the workers fully understand the procedures and follow them consistently.  You will probably have to compromise a bit on how accurately you can track these inventories through your manufacturing processes in order to have a process that is practical. You can sometimes use cycle counting of these inventories to help compensate for these imprecise processes.

 

             Dave Piasecki

From: Distribution_Inventory_Control@yahoogroups.com [mailto:Distribution_Inventory_Control@yahoogroups.com] On Behalf Of Jon Oswald
Sent: Tuesday, April 28, 2009 10:48 PM
To: Distribution_Inventory_Control@yahoogroups.com
Subject: [Distribution_Inventory_Control] Managing Steel bar inventory

 




Hi,

Does anyone have a solution on how to handle inventory of steel bars of different lengths?

Looking for best practices, etc.

 

I.E. We buy steel bars w/a UOM of EA but Stock/consume in FT.   When cutting how is the drop handled?

 

Any and all suggestion welcomed.

 

Thanks.

 



Tue May 5, 2009 3:26 pm

inventoryops
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Hi, Does anyone have a solution on how to handle inventory of steel bars of different lengths? Looking for best practices, etc. I.E. We buy steel bars w/a UOM...
Jon Oswald
jmo7824
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Apr 29, 2009
12:53 pm

Though this is a rather common situation, I have yet to see a clean way to handle it. Many inventory systems are capable of managing the multiple UOMs ...
Dave Piasecki
inventoryops
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May 5, 2009
3:26 pm

Does your inventory system have a purchase factor and selling factor.  If that is the case then just set up your formula in the purchase factor to convert to...
ianlford@...
ianlford
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May 5, 2009
11:23 pm

Build full inventory process right from confirmation of orders and receipt of goods with all specification covered. and pricing with margin along with outward...
uma kashinath
splashuma_7
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May 6, 2009
12:53 am
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