Material Management

This module provides the effective planning & control of material required to suit company production plan. Main function of this module is:

Material Requirement Planning(MRP)

This module calculates the demand of raw material interms of quantities & timings to support Master Production Schedule. MRP is the major job which helps planners to make effective decisions on when to purchase & what quantity.

MRP function of OPICS provides two modes of operation, "Regeneration" and "Net Change". A "Regeneration Run" review every plan whereas "Net Change Run" works only with Changes to a Particular plan(s). Since "Regeneration" takes much longer processing times as compared to "Net Change" Run, You should be running "Net Change" more frequently. Regeneration should be run only special circumstances e.g. When you have done major revision to Master Schedule etc.

MRP Process explode all level of assemblies using Bill-Of Material, starting from the top level & working all the way through to its lowest level & creates a Material requirement file. Then you can produce MRP reports which reviews inventory levels i.e. qty-on-hand, on-order allocated to provide you with net requirements.

Release Kits/Generate Pick List

This function controls the release of Material for Work Orders into manufacturing. Prior to release, Orders must be approved. You can inquire on Build/Material Assembly Schedule & examine for potential shortages, if any to cover work Order(s). Qty may be allocated, after the work Order is released depending upon your Company's selection parameters defined in profile Maintenance.

System prints inventory pick list & creates Production work order release.

Forecast Orders

Forecast orders can be manually input to be reviewed by MRP, Status of these orders must be approved & exist in item-master.

Inventory Movement Recording

Daily Transactions Activity function of Inventory Control Module track of all inventory movements. Following different transactions are recorded into the system: 


    Receipts   - Raw Material
               - Finished Goods from Work In Progress
   
    Issues     - Complete Kit of components required for a Work Order.
               - Individual component to cover scrap qty's etc.
               - Back Flush inventory with one transaction.

    Transfers  - Inventory between Store Locations

    Adjustments  - Adjust Inventory Balances as a result of Physical count.

    Returns      - Return components to stores.

Inventory Accounting

All inventory movement is fed to GL Module(if purchased) at month end to reflect inventory transactions. Also, reports & on-line inquires are provided to reflect dollar valuation of inventory for a specific or all locations.

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