Stock Forecasting Add-On Solution
Enhance Material Requirement Planning process with MRP Add-On integrated with SAP Business One
Purpose
Clockwork’s MRP Add-on enriches the Material Requirement Planning process by taking into all aspects like Sales Order, Production, Sub-Contracting, Job-Work Processes to provide effective MRP recommendations to avoid stock situations and optimise inventory cost.
Business Challenges the Add-on Addresses
The Standard MRP Wizard in SAP Business One provides recommendations based exclusively on predefined system elements such as purchase requests, production orders, inventory transfers, and inventory transfer requests. However, the limitation is on the Subcontracting / job work process as standard SAP Business One does not have an exclusive module for these processes and such inputs from these processes are not taken into in the SAP Business One standard MRP module
Solution that the MRP Add-On offers
- Executing the MRP wizard gives you the recommendation of Type of order based on the Item Procurement Type
- The order recommendation is further opened up to create the relevant orders
- A customized Work order/subcon order/job order gets created from the MRP Recommendation window
- Labor cost addition on the Material cost so the Cogs at product level is accurate
- Delivery/production Schedules are managed properly
Business Benefits of MRP Add-On
- Complete integration of Purchase/Production/Subcontracting
- Scheduling the Activities of Procurement, warehousing, production, dispatch
- Preparedness of all interdependent functions in advance
- Reconciliation of stock is more simplified.
