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Inventory management

Manage at the shop floor level the availability of materials, inventory management, and resources needed for production, ensuring that production schedules are adhered to and efficient.

Availability of materials, inventory management, and resources

inventory-management
Presentation

Managing resources to optimize production

The manufacturing world increasingly needs flexible production processes in order to adapt to market demands: variable demand with peaks that are not easily predictable or new products that need to be brought to market quickly add up to a raw material availability that is not always optimal due to more volative supply chains. It is therefore critical to ensure that available resources are tracked and exploited to ensure their availability and best meet production schedules.
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Reduce waiting time

Meeting production schedules requires that all necessary resources be available at the right time and in the right place. Delaying the availability of a material can cause cascading delays and reduce the utilization efficiency of production assets. Real-time monitoring of the quantities of materials available at different points in the production chain provides an up-to-date view of stock and allows production plans to be made more efficient.
Reducing waiting time but also avoiding excess material taken from stock and waiting for use is the purpose of Inventory Management

Minimize waste

Achieving sustainability goals requires reducing the resources consumed. Minimizing or eliminating any form of loss of raw materials, components or products during the production process is therefore an urgent necessity. Optimal management of resources is therefore required, through their timely and constant traceability along the different stages of transfer, storage and production. This makes it possible to monitor if and where inefficiencies in materials management are generated.

Optimizing inventories

Inventory optimization in industry consists of efficiently and strategically managing the quantities of raw materials, semi-finished and finished goods held by a company. In particular, this management must take place both at the warehouse level but also at the level of the production area, where handling and transformzaion activities make the effective reporting of availabilities more complex. This makes it possible to reduce storage-related costs, improve stock rotation, and ensure a constant supply without surpluses.
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Optimize inventory management with AVEVA software

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Real time monitoring
Know in real time the storage area, allocation and actual consumption and of resources needed for production. Allows production advances to be validated based on actual values in the field and not just on planned estimates. Ensures full traceability of activities and records timely genealogy of material utilization.
Integration with the warehouse
Update warehouse management systems based on actual picking or concurrently with the actual availability of newly produced goods. Integrate handling (e.g., AGV) or tracking systems (e.g., scan code, RFID) in order to ensure consistency of activities and reduce effort for operators.
Work In Progress Management
Allows tracking the progress of intermediate stages of production and manage at the shop floor level quantity and location of semi-finished goods. Manages the assignment of quality levels of semi-finished goods and the need for rework. Allows validating the use of a material based on its quality grade.

AVEVA software for Inventory management

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AVEVA System Platform

System Platform enables the connection of production assets by creating a real-time framework for supervising and commanding operations.

Supervisory and operations Control

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AVEVA MES Operations

AVEVA MES Operations enables Production Order Management by enabling the modeling of items, assets, Bill of Materials and processes.

Production management

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Go further in optimizing production with AVEVA software.

Advanced Planning & Scheduling
Andon monitoring system
Business processes insight
Quality control
Paperless factory & processes digitalization
Work order management
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Meeting market demands while optimizing available resources requires that each production step be prepared to the best of its ability. Planning resource utilization in terms of raw materials, personnel and machinery brings significant benefits in terms of increasing capacity and reducing waste. In addition, an organization of resources increases adherence to planned delivery times through more accurate lead time estimation and optimizes inventory management. In terms of sustainability, more efficient plans allow for lower energy and material consumption and greater operational flexibility.

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People are a key factor within production environments. Providing timely information on the status of work allows for shorter reaction times and greater involvement of the workforce. To achieve the best return on investment from a digitalization project, it is therefore crucial to ensure that the collected information is always and everywhere available.
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Industrial operations are caretterized by a very heterogeneous context of measures and actions to be tracked. Highly automated environments coexist with manual actions influenced by people's decisions. Describing and objectively measuring workflows is an unavoidable necessity in order to achieve more efficient and sustainable processes. Today's challenge focuses on the ability to analyze to get the right insights. Identifying the relationships between products, consumption, and production assets with respect to organizational choices can bring improvements that can go even beyond expectations.
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Quality control is crucial for attaining a competitive edge. It ensures customer satisfaction by upholding products to established standards and expectations, thereby reducing operating costs through waste reduction and minimizing the necessity for rework.
Compliance with industry-specific regulations is another crucial aspect of quality control, as it ensures that products comply with legal and safety requirements, thereby avoiding potential penalties and litigation.
Finally, quality control plays a critical role in enterprise risk management, as it helps prevent defective product recalls, legal implications and damage to the company's reputation.
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Industrial operations are caretterized by a very heterogeneous context of measures and actions to be tracked. Highly automated environments coexist with manual actions influenced by people's decisions. Describing and objectively measuring workflows is an unavoidable necessity in order to achieve more efficient and sustainable processes. Today's challenge focuses on the ability to analyze to get the right insights. Identifying the relationships between products, consumption, and production assets with respect to organizational choices can bring improvements that can go even beyond expectations.
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Manufacturing order management represents a priority challenge for factories in conducting their production operations. At the heart of this management lies the delicate balance between meeting delivery deadlines, maintaining product quality, and optimizing resource use. Demand fluctuations, variability in material delivery times, and the need to continuously adjust production plans make the task even more challenging. Effective manufacturing order management is not only crucial for meeting customer expectations in terms of speed and quality; it also plays a key role in reducing production costs and minimizing waste and downtime.
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