Bill of Materials/Recipes
Bills of materials are created for each finished product with all raw materials and packaging materials that are necessary for manufacture. Alternatively, a BOM for an individual Offshore Supplier can be created allowing variations in the number of raw materials you need to procure for each supplier. For instance, it may be more cost effective for certain suppliers to locally source some or all of the raw materials themselves.
Production Planning Reporting
The comprehensive production planning reports within teqcontrol, allow you to build up a picture of what you need to produce finished products using real time data. This can include actual sales requirements, forecast sales, and minimum and maximum stock levels.
teqcontrol helps to minimise overruns, identify demand requirements and ensure that you meet customer delivery deadlines.
Material Requirements Planning
As an order is raised, the system will produce a material requirement proposal based on the BOM for that supplier. Accurate proposals of what you need to order can be produced instantly from teqcontrol. By taking into account current free raw material stock at your offshore production facility, minimum/maximum levels set up against the offshore suppliers and your own free stock holding, you can be confident that this information is as up to date as possible. From the material requirements proposal you can adjust the order quantities and automatically create the purchase orders, printing or emailing them directly to your suppliers.
When sending a shipment offshore you are required to produce a commercial invoice for HM Revenue and Customs, this becomes a simple task as Commodity Codes, weights and costs are stored against the product and these can be printed directly from the system.
Secure Remote Access to teqcontrol allows Offshore Suppliers, through a secure login, to book in the raw material quantities received on a shipment. As finished products go through the production process, raw material stocks are reduced accordingly to the bill of materials. This, along with producing barcoded product and packaging labels, helps to give excellent traceability and a real-time view of offshore operations.
Despatching finished products
Despatching finished products from the offshore supplier, allows them to record the quantities of each SKU on the shipment. If you utilise the teqcontrol barcoded stocks, the offshore supplier can scan each SKU directly into a box. At this point, the remaining raw materials are reduced and finished goods stocks are updated into an in-transit warehouse. This allows your sales office to see exactly which products are on the shipment allowing them to give better customer service.
When Receiving a shipment at your warehouse, each finished item can be scanned and located, or a full box can be scanned in and the system will automatically receive all finished products into the quality control or finished goods warehouse. Alternatively if barcoded stock is not required the number of goods received can be counted by hand and entered into the teqcontrol software manually.
Enquiries and Reporting
The teqcontrol Offshore Production module has a wealth of reports including raw material variance analysis, work in progress valuations, supplier stock valuations and the teqcontrol Cost Calculator which allows you to compare cost breakdowns by Supplier.