OptiProERP Manufacturing

Making the Complex Simple

Presented By:

Allan Lessing Praneeth Putlur

Director of Sales Director of Professional Services

www.optiproerp.com
AGENDA
1 Inventory Challenges

2 Best Practices

3 How To Do It?

4 Expected Results

5 Who We Are

www.optiproerp.com
Inventory Management Challenges
Customer Overstock /
satisfaction is Understock (short)
tanking

Expenses
Obsolescence associated
Manufacturing
Reserves are to last
costs are going up
increasing minute
decisions

Manufacturing
Ghost Inventory schedules are
constantly
changing

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Inventory Visibility

Internal External
Receiving
Vendors
Quarantine
Cross Docking
Transit
Multi-warehouse Subcontract
WIP, Work Orders Operations
Routing 3PL
Work/Assembly Centers
Shipping/Drop Shipping

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AGENDA
1 Inventory Challenges

2 Best Practices

3 How To Do It?

4 Expected Results

5 Who We Are

www.optiproerp.com
Optimizing Inventory Levels
Understand Your Demand

Know Your Demand Flow

Control/Measure your key Affectors

Inventory Strategies

Advance Inventory Strategies

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Automating Inventory Processes
Barcoding
Perpetual Inventory
with MRP

EDI

ABC Count Identification

• A - Item high cost value/
long lead time
• B - Average item ($/time)
• C - Easy to get/low cost
RFID and
License Plating

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 Inventory Record Accuracy vs. $
Move from Physical Count to Cycle Count to improve the
Frequency and Root Cause Analysis

Results
Fewer stock outs
Lower “just in case” Inventory
Accelerated and Reduced Inventory
Lower Inventory Risk
Reduced Inventory Shrinkage
Lower Inventory with better Fill Rates
Collateral Process Improvements

www.optiproerp.com
AGENDA
1 Inventory Challenges

2 Best Practices

3 How To Do It?

4 Expected Results

5 Who We Are

www.optiproerp.com
 How To Do It?
OptiProERP gives you the ability to have full, real-
time control of your inventory…

Lets see OptiProERP in action!

www.optiproerp.com
AGENDA
1 Inventory Challenges

2 Best Practices

3 How To Do It?

4 Expected Results

5 Who We Are

www.optiproerp.com
Expected Results
‘If you can’t measure it, you can’t improve it’
-Peter Drucker

Determine the real level of

Inventory Record Safety Stock Inventory /
Accuracy (IRA)(98%) Minimum Value Inventory

Inventory Turnover
Reduce Stock-outs
(Turns)
(COGS/Inventory)(9+)

Reduce Slow Moving Increase Fill rates

Inventory

www.optiproerp.com
AGENDA
1 Inventory Challenges

2 Best Practices

3 How To Do It?

4 Expected Results

5 Who We Are

www.optiproerp.com
Global Company At Your Service

www.optiproerp.com
 About Us

7 x 24 hours of support

Laguna Hills, USA (Headquarters)

Global team of more than

400 people

Mexico City
100% focused on
Manufacturing

Indore, India
www.optiproerp.com
Allan Lessing
Contact:
alessing@optiproerp.com
Tel. +1 949 506 9940
W: www.optiproerp.com
 Resources
Complement your learning experience by leveraging the FREE resources for
manufacturers available on our website, or schedule a product overview to
learn more about OptiProERP.

• On-Demand Webinar: Inventory Management Best Practices

• 5 Critical Inventory Management Best Practices

• Inventory Management 101 – The Master Production Schedule (MPS) Explained

• 6 Ways to Reduce Inventory Levels

• 4 Lean Inventory Management Best Practices

• Which Inventory Control Method Is Right For You?

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