What Is Material Requirement Planning (MRP)?
Tap on the power of material requirement planning for optimizing...
Enabling Durability for
the Auto Components Industry
Automobile businesses can significantly reduce waste & improve lead time with lean production strategies & inventory control. TranZact facilitates this by providing multi-store inventory supervision to reduce stock-outs, ultimately leading to higher on-time delivery rates.
Gain Improved Supply Chain Visibility & Reduce Error Rates
Integrating production cycles with purchase & inventory management supports automobile manufacturers in meeting unique process needs & mitigating common challenges such as labor shortages and manufacturing shutdowns.
Achieve purchase planning
Track material specifications such as chemical composition, steel mechanical attributes, material type and grade, coating, dimensions & more, with an expert Material Requirement Planning (MRP) system. This helps you to plan purchases better & consolidate demand for discount bulk purchases.
Track, measure & monitor
Oversee your entire auto components business, from shop floor to top floor and from raw materials to final product across item categories. Get clear visibility on the inward & outwarded material, and reduce your error rate by actively tracking and improving the daily amount of finished goods approved vs. rejected vs. reworked.
Multilevel Bill of Materials (BOM)
Get accurate finished goods costing with end-to-end, pre-defined BOMs for primary jobs, rework jobs, and more, that help you to handle stage-wise production & scenarios like changes in design during the production process.
Quality control and inspection
Investigate quality issues & trace them across the production process with goods received note (GRN) or quality information record (QIR) to maintain product quality standards, avoid costly delays, deliver safer & more durable products to customers.
Control costs with robust inventory management
Multi-site inventory management & ability to track items by lot and serial number on TranZact helps automobile business owners to avoid high cost of holding inventory, reduce stock-outs & overstocking scenarios in the long term, leading to higher profitability.
FAQs
What is TranZact software and how is it used in the auto components manufacturing industry?
[ "With multilevel BOM functionality, inventory control and MRP solutions, TranZact supports the auto components manufacturing industry to run intuitive production cycles with lowest possible delays.", "It also assists business owners to assign role based access to team members, track labor costs and add custom fields in invoices and other documents. Thereby, increasing operational convenience and ease. TranZact also helps to establish trust with customers by demonstrating predictability, scalability, and adherence to compliances." ]
How does TranZact software help with inventory management in the auto components manufacturing industry?
TranZact enables business in the auto components manufacturing industry to maintain inventory with product variables, and features such as lot traceability using serial number tracking. It also enables businesses to set minimum and maximum inventory level mark for each item, manage inter-warehouse transfers and enable real-time inventory valuation for accurate inventory control.
TranZact is a team of IIT & IIM graduates who have developed a GST compliant, cloud-based, inventory management software for SME manufacturers. It digitizes your entire business operations, right from customer inquiry to dispatch. This also streamlines your Inventory, Purchase, Sales & Quotation management processes in a hassle-free user-friendly manner. The software is free to signup and gets implemented within a week.