Effective Strategies for Managing Raw Material Master Data
14/Jan/2025
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The raw material master module is a fundamental component of AGen raw material In-out tracking system, serving as the central repository for all critical information related to raw material. At its core, the raw material master module provides a unique identifier for each raw material, such as an raw material number or product ID, which facilitates precise tracking and management.
Here are some key aspects of the raw material module:
1. Raw Material Identification: Each raw material is assigned a unique identifier, such as a raw material number or product ID, which helps in tracking and managing in out or raw material.
2. Descriptions: It includes various descriptions for items, such as sales descriptions for customer-facing documents and purchase descriptions for supplier communications
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3. Grouping and type: it uses to simplify the searching and categorization in the future. This information also very useful for reporting purposes.
4. Brand or model: depending on the supplier and the product manufacturer, some raw material may already being given a brand or model by the manufacturer.
5. Units of Measure: The default unit of measure for each item, along with other possible units, is defined here.
6. Current Levels: Current inventory levels, reorder points, and safety stock levels are maintained in the item master.
7. Cost and Pricing: Information about the cost to manufacture or purchase the item, as well as its selling price, is included
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8. Bill of Materials (BOM): For manufactured items, the item master may include the BOM, which lists all the components and materials needed to produce the item
Conclusion
The raw material master is crucial for efficient raw warehouse management as it helps in automating processes, optimizing stock levels, and ensuring traceability. It serves as a reference for all warehouse activities, from receiving and storing items to picking and shipping them. Proper description and identity will assist and simplify the tracking of the raw materials until it being processed.
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