View the How to Improve Profitability for Components Manufacturers Demo
Obsolete Inventory Weighing you Down?
Component management is a complex business, which is why you may recognize that you carry some obsolete components. This obsolescence is often caused by high volumes of engineering change orders and the difficulty of managing the myriad of attributes with their suitability in one design and not another. Not to mention the high-mix, low-volume and frequent changes in demand. All of this causes multiple part numbers for very similar components and obsolete stock in your warehouse.
In this dynamic webcast we will examine ways to allow simple variants of standard products to be defined and then sold, planned, produced and delivered. As a result, you will be able to see significantly reduced overhead in engineering, reduced inventory level and obsolete stocks, increased efficiency on the shop floor and give your customers more choice and flexibility in the ordering process.