| Manufacturing inventory management software is a | | | | the software is given a detailed history of the product |
| specialized software package which monitors and | | | | manufacturing process. Advanced versions of the |
| manages the inventory required in all stages of the | | | | software can calculate labor costs and indirect costs |
| manufacturing process. This software manages | | | | involved in manufacturing. Personnel belonging to the |
| processes such as purchase order placements, | | | | production department can enter their hourly job status, |
| tracking the usage at each manufacturing stage, | | | | which is utilized while preparing employee histories and |
| periodic checking of inventory levels, and reordering of | | | | job cost summaries. Manufacturing inventory |
| depleted stock. Manufacturing inventory management | | | | management software has additional features such as |
| software forms a key component in the automation of | | | | customer order tracking, customer report generation, |
| the manufacturing process. It helps in faster processing | | | | and tracing of the product order history of individual |
| of the system with minimal human intervention. A | | | | customers. |
| company can rely on manufacturing inventory | | | | Increased productivity and faster processing promised |
| management software for greater productivity and | | | | by manufacturing inventory management software |
| better utilization of its resources. | | | | are often dependent on the user. Hence, a |
| Inventory control forms the core functionality of | | | | menu-driven interface is the mandatory requirement of |
| manufacturing inventory management software. Each | | | | manufacturing inventory management software. The |
| stock item is tracked through the manufacturing | | | | software is feature-rich and can perform multiple tasks |
| process. The stock level is periodically matched with | | | | like storage bin label printing, database searching, and |
| the reorder level to automatically generate purchase | | | | auxiliary report printing. It can also import and export |
| orders and requests for quotations in regard to fresh | | | | production-related data into a variety of different file |
| purchase orders. The software also performs other | | | | formats. Furthermore, the software supports a |
| tasks such as serial number assignment, work order | | | | multi-user environment. |
| assignment, and report generation. A person operating | | | | |