Boost Accuracy with a Manufacturing Inventory Management System
Facilitate real-time tracking and optimize stock levels with features like inventory control, order management, and barcode scanning ensuring accurate inventory counts, minimizing stockouts, and streamlining order fulfillment with M1.
Are your current tools and processes really helping you maximize your profits? Find a tool that can help your bottom line.
Multi-Location Management
Are manual processes and siloed data making it difficult to optimize inventory allocation and minimize holding costs
Advanced inventory functions with multi-location capabilities in M1 ERP help enhance your operations. Each location, plant, facility, or division can have its own resources, warehouse, and financial journals. Confidently know that you can aggregate all your plants and see the data together to get full visibility into performance, inventory, and financials.
This functionality optimizes stock across various sites, streamlines logistics, and provides real-time inventory visibility. All of this ensures efficient distribution, minimizes stockouts, and boosts operational flexibility in managing inventory across multiple offices, plants, or warehouses no matter if you are in the same city or state.
Inventory Management
Inventory management is a cornerstone of operational excellence for manufacturers. With a robust set of features, you're able to utilize real-time visibility into inventory levels, supporting optimal control and preventing stockouts. M1's inventory management empowers you to align resources efficiently, enhance customer satisfaction, and maintain a competitive edge in the dynamic manufacturing landscape.
Quality Management
Maintain high product quality standards with M1's integrated quality management capabilities. Implement quality control checks throughout the production process, identify and isolate defects promptly, and track corrective actions to prevent recurring issues. Ensure customer satisfaction and regulatory compliance with a robust quality management system.
Warehouse Management System (WMS)
Empower your warehouse staff with M1's intuitive WMS mobile app from anywhere at any time. Access real-time inventory data, perform picking and packing tasks, and manage stock levels on the go. Streamline warehouse operations, improve productivity, and reduce errors with the convenience of a mobile device.
Are you thinking about how you can become more organized with your warehouse operations? Here are some things you should be thinking about:
- Paperless processes: Minimize manual tasks with barcode scanning, automated data entry, and digital workflows.
- Enhanced labor productivity: Streamline picking, packing, and shipping processes to increase worker efficiency and output.
- Improved order fulfillment: Track and expedite orders in real-time, from receipt to delivery, for faster customer satisfaction.
- Reduced errors and discrepancies: Minimize human error in picking and shipping with automated verification and exception handling.
Do you think you are getting the visibility you need to maintain control and make the best decisions for your business?
You can get your power back with M1 ERP to gain real-time data to help improve decision-making with a scalable and flexible solution.
Inventory Stock Adjustment
Do you frequently manufacture extra components and end up with overruns in our inventory?
Improve inventory efficiency for overruns by allowing unallocated inventory consumption. If you make extra parts to put into inventory, when a job is created for an assembly that uses one of those parts, you have to manually put in the Qty to Pull to take advantage of existing stock. This customization goes through the whole job BOM and sets the Qty to Pull for all parts based on the quantity available in inventory for each part.
Within M1's Inventory Stock Adjustment function, you'll find the power duo of cycle counts and perpetual stock count to ensure your inventory records always mirror reality.
- Cycle Counts: Embrace a proactive approach by counting selected items regularly, catching discrepancies early to safeguard accuracy and minimize costly surprises. Effortlessly schedule and track cycle counts within M1, pinpointing variances and making swift adjustments.
- Perpetual Stock Count: Enjoy real-time inventory visibility with every transaction automatically updating stock levels. Purchases, sales, and adjustments are seamlessly reflected, giving you up-to-the-minute insights for informed decisions and optimized inventory management.
Whether you prefer the scheduled diligence of cycle counts or the continuous accuracy of perpetual stock, M1 empowers you to choose the approach that best suits your business needs, ensuring inventory precision and empowering confident decision-making.
Advanced Inventory Management
Take inventory management to the next level with M1's advanced features. Manage complex inventory structures, including kitting and assemblies, with ease. Track inventory costs, usage patterns, and trends to identify areas for optimization. Implement inventory control strategies to minimize shrinkage and ensure product quality.
Receipt and Shipping Management
Streamline receipt and shipping operations with M1's automated processes. Manage incoming goods, verify product specifications, and generate accurate invoices. Optimize shipping processes, track shipments in real-time, and provide accurate delivery estimates to your customers all while taking advantage of our integration with FedEx and UPS.
Even More Tools at Your Finger Tips
Customer and Supplier Cross-References
Do you struggle to accurately link customer orders to the corresponding supplier purchase orders, leading to fulfillment delays and errors?
Maintain seamless connections with your customers and suppliers through M1's customer/supplier cross-reference feature. Link customer orders to supplier purchase orders, track inventory movements across the supply chain, and maintain accurate records for efficient order fulfillment and supplier relationship management.
Serial and Lot Number Tracking
Is complying with product traceability regulations and ensuring customer safety a constant challenge due to inefficient tracking methods?
Ensure product traceability and regulatory compliance with M1's serial and lot number tracking capabilities. Track individual products or batches throughout the production and distribution process, pinpoint defects or recalls quickly, and maintain detailed records for quality control and customer satisfaction.
Advanced Bill of Materials (BOM)
Do inaccurate or outdated BOMs cause stockouts of critical components, halting production and impacting deadlines?
Handle complex bill of materials (BOMs) with ease using M1's advanced BOM management capabilities. Manage multi-level BOMs, track component usage, and optimize production planning. Ensure accurate cost components and event stockouts of critical components and streamline production processes with effective BOM management.
Revision Control
Do unauthorized changes or uncontrolled revisions compromise your intellectual property and brand reputation?
Maintain control over product designs and manufacturing processes with M1's revision control feature. Track changes to BOMs, routing, and other product specifications. Implement approval workflows for revisions, ensure consistent product quality, and protect intellectual property.
FAQs about the Inventory and Warehouse Management M1 Tools
How can M1 help me manage complex inventory across multiple locations?
M1 provides a centralized system for managing inventory across multiple locations, giving you real-time visibility into inventory levels, locations, and movements throughout your supply chain network. This centralized view allows you to optimize inventory allocation, reduce stockouts, and improve overall inventory efficiency.
What advanced inventory management features does M1 offer?
M1 offers a range of advanced inventory management features, including kitting and assembly management, inventory cost tracking, and usage pattern analysis. These features help you manage complex inventory structures, identify areas for optimization, and implement inventory control strategies to minimize shrinkage and ensure product quality.
How can I use M1's WMS mobile app to improve warehouse operations?
M1's WMS mobile app provides warehouse staff with real-time access to inventory data, enabling them to perform picking and packing tasks, manage stock levels, and update inventory records on the go. This streamlines warehouse operations, improves productivity, and reduces errors.
How does M1 help me manage customer and supplier relationships?
M1's customer/supplier cross-references feature allows you to link customer orders to supplier purchase orders, track inventory movements across the supply chain, and maintain accurate records for efficient order fulfillment and supplier relationship management.
What capabilities does M1 offer for serial and lot number tracking?
M1's serial/lot number tracking capabilities enable you to trace individual products or batches throughout the production and distribution process. This provides you with the ability to pinpoint defects or recalls quickly, maintain detailed records for quality control and customer satisfaction, and ensure regulatory compliance.
How can I manage complex bills of materials (BOMs) with M1?
M1's advanced BOM management capabilities allow you to handle multi-level BOMs with ease. You can track component usage, optimize production planning, and ensure accurate cost calculations.
How does M1's revision control feature help me manage product changes?
M1's revision control feature allows you to track changes to BOMs, routing, and other product specifications. You can implement approval workflows for revisions, ensure consistent product quality, and protect intellectual property.
How can M1 help me streamline receipt and shipping operations?
M1's automated processes streamline receipt and shipping operations. You can manage incoming goods, verify product specifications, generate accurate invoices, optimize shipping processes, track shipments in real time, and provide accurate delivery estimates to your customers.