Manufacturing Inventory Management Software
Manufacturing inventory software is an important tool that manufacturers can use to save money and operate more efficiently. You can instantly create many types of bills of materials, work orders, manufacture orders and more to help you streamline the manufacturing process.
With manufacturing inventory software, such as Fishbowl Manufacturing®, you can monitor inventory levels in real time, manage inventory in multiple warehouses, train employees to help with inventory management and much more. All of these things help you keep costs down, spend your money wisely and avoid making mistakes, like overstocking on slow-moving products.
The main features of Fishbowl’s manufacturing inventory software include the following:
Use advanced options in bills of materials for manufacturing jobs
A bill of materials is a list of parts needed to create a finished product, and it come in many forms, including a recipe for a certain food item or a chemical formula. Fishbowl Manufacturing expands on the simple list format by allowing you to add instructions to each step of the manufacturing process in a bill of materials. You can also add multiple production stages to a bill of materials so each step has to be completed before you can move on to the next. And that’s just scratching the surface. Variable quantities, one-time items, and option groups can all be added to a bill of materials.
USE MANUFACTURE ORDERS TO HOUSE MULTIPLE WORK ORDERS
There's nothing that sets off production management than when you get the orders wrong. It can also set inventory tracking in total disarray. Manufacture orders help you organize multiple work orders. You select the specific job that you want to use the manufacture order for, and once you’ve done that you’ll have the option to choose the appropriate bills of materials or work orders to add to the manufacture order. Then it’s as simple as issuing the manufacture order and starting, picking, and finishing the work order to ensure that you fulfill work orders, and inventory retains the ideal inventory level.
CONVERT SALES ORDERS INTO MANUFACTURE ORDERS
AUTOMATICALLY GENERATE PURCHASE ORDERS FOR SHORT ITEMS ON A MANUFACTURE ORDER
If you run into a situation where you don’t have enough raw material in stock to fulfill a manufacture order, Fishbowl will let you know about the deficiency and automatically create a purchase order for the inventory item. This will speed up the reorder process and ensure the delay is as short as possible.
CREATE WORK ORDERS FOR A VARIETY OF JOBS, INCLUDING DISASSEMBLY AND MAINTENANCE
Fishbowl recognizes that work orders aren’t just there to manufacture new products. Sometimes you need to take a returned product apart or add new parts to it to meet a customer’s specifications. That’s why Fishbowl Manufacturing allows you to not only use its work orders to manufacture products, but also to disassemble, repair, replace, and customize parts and products in the warehouse.
ESTIMATE FINAL COSTS FOR PRODUCTS TO HELP WITH PRICING
Fishbowl Manufacturing integrates with an online time clock solution called Fishbowl Time & Labor. This integration allows you to estimate not only the total material costs involved in manufacturing a product, but also the labor costs involved. Thus, you’ll have highly accurate estimates of each final product’s costs, and you can use that information to set prices and know if you’re making a decent profit or not.
PRINT INVOICES AND PACKING LISTS FOR FAST DELIVERY
Fishbowl integrates seamlessly with QuickBooks accounting software to make it possible to quickly make changes to the general ledger and generate the appropriate invoices to include with shipments. In addition, Fishbowl has the ability to verify shipping addresses (through a USPS integration) and print packing lists and shipping labels.
THE RIGHT TOOLS FOR THE JOB
Fishbowl Manufacturing offers all of the tools manufacturers need to improve their operations and stay ahead of the competition. Sign up for a demo of Fishbowl Manufacturing to see powerful manufacturing software in action!