Inventory Control

                         "Inventory control—The activities and techniques of
                          maintaining the desired levels of items, whether raw
                          materials, work in process, or finished products."

(APICS Dictionary, 12th Edition)

As competition increased and demand reduced, manufacturers have to tightly and timely control their stock level in order to supply the right amount of materials at the right time to support the order fulfillment. The use of sohisticated ERP system to maintain the accurate record is essential for the company to capture the operation data and provide reports for decision makers to make the right move.

One important factor which may influence the accuracy of the inventory is the timely and real-time update the database: forecast, inventory movement, lead-time, per usage quantity, unit of measure, BOM, material issue tracking, and back-up.

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