Difference between revisions of "42Q-MES0161 Material Allocation"
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Factories are complex, busy places with a lot of systems, machinery, and processes in place. Technology plays a key part in the manufacturing world. We see the benefits of it clearly through lot traceability — you can streamline your supply chain and have confidence in all of the steps along the way. | Factories are complex, busy places with a lot of systems, machinery, and processes in place. Technology plays a key part in the manufacturing world. We see the benefits of it clearly through lot traceability — you can streamline your supply chain and have confidence in all of the steps along the way. | ||
The inventory management system allocates a specific quantity of materials, as determined by purchasing workers, to meet customer demand. Allocating material to a sales order does not remove the quantity from inventory. The allocation creates a projection of the amount of material the company will need to meet the current demand or sales orders. | The inventory management system allocates a specific quantity of materials, as determined by purchasing workers, to meet customer demand. Allocating material to a sales order does not remove the quantity from inventory. The allocation creates a projection of the amount of material the company will need to meet the current demand or sales orders. | ||
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| + | = What Is Material Allocation = | ||
Revision as of 20:49, 11 February 2021
Material Allocation
Factories are complex, busy places with a lot of systems, machinery, and processes in place. Technology plays a key part in the manufacturing world. We see the benefits of it clearly through lot traceability — you can streamline your supply chain and have confidence in all of the steps along the way.
The inventory management system allocates a specific quantity of materials, as determined by purchasing workers, to meet customer demand. Allocating material to a sales order does not remove the quantity from inventory. The allocation creates a projection of the amount of material the company will need to meet the current demand or sales orders.
