MISys Manufacturing
Case Studies
Inventory Management Transformation at North Texas Pressure Vessels, Inc.
Overview
Inventory Management Transformation at North Texas Pressure Vessels, Inc.MISys Manufacturing |
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Functional Applications - Inventory Management Systems Functional Applications - Warehouse Management Systems (WMS) | |
Education Life Sciences | |
Procurement Warehouse & Inventory Management | |
Inventory Management Picking, Sorting & Positioning | |
System Integration Training | |
Operational Impact
The implementation of MISys Manufacturing Software transformed the operations at NTPV. It enabled them to manage their Purchase Order processing in much less time and gave them total visibility into the process to identify late POs and what still needed to be issued. This allowed the purchasing agent to take on other roles, such as negotiating better terms with suppliers and proactively managing the supply chain. The new system also transformed the weekly production meetings, making them more effective by displaying the production schedule, purchasing activities, and related reports on a large TV screen. The sales department was able to more easily and accurately quote jobs by revising existing BOMs of a similar product to reflect the specifications of the new job, using current raw material costs. As a result, they could negotiate prices with greater confidence and accuracy. | |
Quantitative Benefit
Reduced inventory levels from $800k to $400k inside of 14 months from going live. | |
Freed up cash has been critical to the operations of the company. | |
Enabled them to manage their PO processing in much less time. | |