Material control, this thing is really not a trivial job, want to evaluate its performance indicators? We have to be serious, take out a magnifying glass, and take care of every detail.
First and foremost, inventory turnover. This number tells you whether the goods in the warehouse are moving as fast as a rabbit, and the faster you move, the more flexible your material control is, the less funds are idle, and the higher the efficiency.
But this doesn't mean that the inventory is clear, after all, you have to keep enough stock in case the production line "goes hungry".
Let's talk about inventory accuracy. To put it bluntly, there are as many as you count, you have to have as many as you want! The data says there are 100 screws, but in fact there must be 100, no more and no less. Accuracy is the cornerstone of trust, and inaccurate data is a big problem.
Then there's the inventory hold-up time. This indicator, simply put, is to see how long your goods have been in the warehouse. After a long time, it means that the material control has gone wrong.
It could be that you bought too much, or it could be that sales didn't keep up. Even if the material is gold, it will rust if it is left there for too long. As soon as the goods are stunted, the funds will be stuck, and the production will be delayed.
Having said all that, it's actually "".If you control it well, the money is immeasurable; The control is poor, and the routines are full。This sentence is my true feeling of being engaged in production management for many years.
So what should we do if we encounter a problem? Simple, right for the problem. Inaccurate inventory data? You might want to check if there are any issues with the inbound and outbound processes. Stranded inventory for too long? It is necessary to see whether the market demand is accurate and whether the production and marketing are properly connected.
This may involve improving the hardware and software facilities of warehouse management, and may also require a re-examination of the first-chain process, of course, the training of employees is also an indispensable link. Once each crux of the problem has been identified, then the corresponding countermeasures can be put in place.
In short, evaluating the performance indicators of material control is not just a matter of words. This is not only a science, but also an art. Being thoughtful, caring about the details of everything, keeping your feet on the ground, and relying solely on feelings is not enough.
It is necessary to constantly and unremittingly explore, practice and improve, because this directly affects efficiency and cost, and is the key to the sustainable development of enterprises.