Stock

FactoryMaster’s Stock module handles the following stock categories.

Raw Materials

Brought In

Manufactured. (with added Serial Number traceability.)

Phantom Assembly

Sub contract.

Users also have the ability to create their own stock catagories for items such as consumables tooling etc.

Various reports are available inside FactoryMasters stock module such as stock valuation, movements etc. these can be run based upon actual or standard costing methodologies.

FactoryMaster also has a Trial Kitting option that allows you to run a mini MRP and schedule to see when you could potentially have a component ready by.

Stock control for all items works in a similar way but with various enhancements depending upon its type. Here is an example of how raw materials are dealt with.

Raw Materials Stock Control

FactoryMaster Raw Material Stock Control does not require meaningless Stock Codes to be allocated to different items instead it is categorised according to its:

• Material Category (Nickel, Stainless Steel, Copper, etc.)
• Form (e.g. Bar, Tube, Sheet, Hex, etc.)
• Specification (e.g. MSRR6524, AMS5707, etc.)
• Size (Metric or Imperial)

Against each Size of a particular Raw Material the Total Quantity In Stock, Available, On Order and Allocated is visible and this data can then be ‘drilled down’ to view the individual Batches and their respective Supplier, Purchase Date, Cost, Cast Number, Release Note Number, Quantity and Number of Lengths/Sheets ( by Stores Location ).

All standard types of Stock Movements (e.g. Goods Receipts, Goods Issued, Adjustments, etc.) are catered for.

Future demand, by week or month, is calculated ( via the M.R.P. report ) from the Forward Order demand suitably expanded for Assemblies and taking into account Manufacturing and Purchase Lead Times to facilitate the necessary Forward Ordering of Material to satisfy future demand.

Material Traceability and Costing to Works Orders is dynamically generated as Material is booked out of Stores and onto Works Orders.