In a factory, stock problems are expensive. Run out of one raw material and the line stops; overbuy and cash sits on the shelf. Inventory management software built for manufacturing keeps materials, production and finished goods in step.
Why spreadsheets fail on the shop floor
- Issues to production are recorded late, or not at all
- Nobody knows the true stock until a physical count
- Purchases are made without checking what is already in store
- Finished goods are not linked to the materials they consumed
The building blocks of manufacturing inventory
Bill of materials (BOM)
A BOM lists every raw material and quantity needed to make one unit of a product. With a BOM in the system, recording a production entry automatically consumes the right materials.
Raw material stock
Every receipt from suppliers and every issue to production is recorded, so the system always knows what is in store.
Production entries
Record what was produced, and the software deducts materials (via the BOM) and adds finished goods.
Finished goods
Track finished stock ready for dispatch, by product and batch.
Purchase approvals
Purchase requests go to a manager for approval before orders are placed, preventing duplicate or unnecessary buying.
Reorder alerts
Set a reorder level for each material. When stock falls below it, the system alerts you in time to order.
Reports that matter
- Current stock of raw material and finished goods
- Consumption against BOM versus actual
- Pending purchase approvals
- Items below reorder level
- Stock movement over a period
Onyx Stock: built for manufacturing plants
Onyx Stock covers raw material to finished goods tracking with bill of materials, production entries, purchase approvals, reorder alerts and stock reports. It runs online, so the store, production and management see the same figures.
Pair it with Onyx Bills for GST invoicing and accounts.
Frequently asked questions
Can it handle different units (kg, litres, pieces)?
Units are set per item, so materials and products can each use their own unit.
We have a unique process. Can it be customised?
Yes. As a custom software company we can add modules or integrations around your process.
See Onyx Stock
Visit inventory.onyxbills.com or the Onyx Stock page, or contact us for a demo.
