ETO MES Serialized Inventory Becomes Critical

Released on: February 21, 2008, 5:09 am

Press Release Author: Thomas R. Cutler

Industry: Software

Press Release Summary: ETO MES Serialized Inventory Becomes Critical

Press Release Body: According to Randy Richel, P.Eng., CEO and General Manager of
Canadian-based Trakware, "The ability to serialize inventory allows users to break
up a large lot of inventory into smaller lots (each with its own serial number) and
this can be done when someone wants to break out a small amount of inventory from a
larger receipt, or when someone is receiving a large order. It is also possible to
serialize manufactured parts when they are entered into inventory on the completion
of a work order. Using the serialized inventory in combination with the 'Select
Inventory for Selected Item(s)' function, a user can break the FIFO or LIFO cycle
and select specific receipts from a serialized lot for work orders."

In the current issue of Industry 2.0, manufacturing journalist Thomas R. Cutler,
profiles the role of serialized inventory in the engineer-to-order space. Cutler
profiles Trakware the leading ETO MES solution.

The ability to issue materials in an available unit of measure (UOM) is quite often
different from that on the requisition form for a complex or engineer-to-order (ETO)
build instruction. The ability for one-of-a-kind production manufacturers to deplete
inventory of appropriate materials, even in a different UOM than originally
specified, has bottom-line profitability impact. Similarly, the ability to select
specific receipts to allocate or issue to projects is vital particularly if there
are multiple receipts of the same material, the manufacturers can select the 'Select
Inventory for Selected Item(s)', choosing from a list of receipts.

Yacht-builders for example, also appreciate the ability to borrow inventory
allocated to another project to maintain the benchmark deliverables to receive
incremental billing. In few MES (Manufacturing Execution System) solutions, the
software technology allows users to do what they are already doing on the shop
floor, namely borrowing available inventory from projects that have not been started
to help complete projects when purchase orders have been delayed. This critical
documentation allows for an audit trail covering the transaction, something that
never happens when someone grabs something off the plant floor.

Other solutions in the ETO environment Project-focused manufacturers have unique
needs that frequently surpass out-of-the-box capabilities of generic software
packages. The ability to find highly customizable interfaces while providing a
system of record for everything project-related; including a complete view of the
business, is rare.

Trakware Systems is the worldwide leader in manufacturing execution system (MES)
solutions for engineer-to-order (ETO) and project-based manufacturers maximizing
both profitability and productivity. Trakware specializes in lean business-critical
functions such as estimating, advanced scheduling, job costing, production
management and labor as well as material shop floor data collection. TRAKware
software fully integrates with existing ERP systems, as well as major software
providers for financials, engineering design, optimization, payroll and wireless
interaction for mobile workers. Trakware recognizes ETO manufacturing as a process
and includes a wide range of industry sectors including Architectural Woodworking,
Cabinets, Store Fixtures, Doors and Windows, Furniture, Oil and Gas Fabrication,
Solid Surface, Metal Fabrication, Yacht-building, and Custom Electronics.

TRAKware Systems Inc.
Randy Richel, CEO

Web Site:

Contact Details: TRAKware Systems
1120-13 Mission Ave.
St.Albert, Alberta, Canada

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