For instance, the company’s physical inventory process required a day and a half’s work for ten employees. The collected information was then manually entered into the system. Now, with only a handful of employees, the entire process can be completed within a day. “It is a lot quicker, easier and more efficient,” said Courtney Couture, plant superintendent, Creative Foam Corporation. “We are able to verify the count and match it in the system. The whole process is smoother and discrepancies are minimal.”
In addition, now the comprehensive inventory in all plants is done once every six months, compared to once every quarter with the previous ERP system. “Our six month inventory accuracy is at 95 percent or more. For the first time we know what is required to reach our production goals,” Couture added.
Improvements were realized in tracking the inventory, too. “Earlier, there was no way for us to track the routing of raw materials. We didn’t know when and how a raw material went from the warehouse to plant floor to finished product,” said Couture.