Supply Point recommends SAP for better inventory control

By OEM Update Editorial September 2, 2022 4:48 pm

Rizwan Khan, Sales ManagerIndia, SupplyPoint Systems Pvt. Ltd., says even a vending machine placed on the shop floor can send a direct email to different stakeholders, including stores, production, purchase and suppliers. 

 

SupplyPoint is a UK-based company. Established as a family-owned business was later acquired by a US-based company named Touchpoint. Since then, SupplyPoint has been working with facilities in nine locations with two factories since then. One is in the US, another in the UK, and assembly units in China, Brazil; and sales offices in India, Germany, Italy, and a few more locations that have been added recently with a team of 3500 people across the world. The company does not rely on any other third party for software support. It talks about global and local technical support spread across the country, with more than 15 different channels. It has more than 65,000 units installed across the globe. The number itself speaks about the solutions.

 

Managing inventories 

Just for instance. As an Industry or a business owner, one may have a setup or a facility that requires several consumables daily. SupplyPoint has thousands of tools and consumables to record ongoing status on the shop floor through a system. They help to manage all such inventories for any manufacturing industry. The machine maintains the data on the cloud or in database backup for several years. These systems help to have better control of the inventory and have micro-level monitoring of the usage of the items. Moreover, the SupplyPoint system offers 24/7 availability. This is a critical aspect for MSME or small industry that is trying to grow up and wants better control of their tooling.

 

Systems to regulate maintenance 

The way where aircraft come down for the services at the aircraft hangars and repairs can be used for the drone industry also the same way. They can collaborate on inventory management between the aerospace integrators’ MROs and the OEMs. It is about sharing the right information with customers’ suppliers and the MRO team. The company needs better time management to control when the aircraft is in the maintenance room; to have better control on reducing the (AOG) Aircraft On Ground incidences. The company’s system helps customers with the right stock at the right place and time. The AOG applications are helpful for any industry if they require supply in the right place at the right time.

 

For the aerospace segment, some applications go for maintenance in the aircraft or into a particular assembly. It has to be assured that those items are returned to the system so they are not left behind in the cabin or any other space in the aircraft. Those are the critical areas where SupplyPoint can help their customers and the industry maintain the inventory. Both these areas can be managed simultaneously with one system. No MSME is interested in having 100 percent installation of SAP. However, the consumers who want an organised inventory and SupplyPoint can help them with that. The company’s system is independent. But if users have an ERP or SAP, it can be integrated with the same.

 

Inventory control management 

SupplyPoint recommends installing SAP into the system to control the inventory better. Whenever there is an SAP or ERP, the information is shared from the stores to purchase, production, management, etc. When the users have a SupplyPoint solution, the data is generated and recorded at the operator level. The information of the company and operator on the job can also be recorded on the shop floor. The same information is recorded into the system that can be passed on to the different stakeholders in the company. The system can be placed on the shop floor, and the supplier system can be integrated with the system. Once people consume, reports are generated. These reports can help to create a record. So if the users want a purchase order or draft from the system, the emails are delivered to different stakeholders for ordering purposes.

 

One can see the system installed on the shop floor where people will consume the items. Once the items are consumed, they are used, and the scrap will return to the machine. Once the item is scrapped, a new refill request goes to the store admin. Again there, they can have SupplyPoint integrated solutions. Here, the store’s admin can get the items from the stores and refill the machine on the shop floor. That is how the loop goes between the stores and the production area.

 

Once the stores are interconnected or integrated with the supplier, suppliers get emails. That is how SupplyPoint solutions are installed and used on the shop floors. The vending machines placed on the shop floor can send a direct email to different stakeholders, stores, production, purchase and suppliers. Everybody on the platform gets the same information, which can be passed on to stakeholders for daily operations. That is how units can have an independent system on the server. And if the clients need to watch on a web portal or a cloud server, they do have an option from a web portal in any part of the world. The customers can go live on the machine and prepare the production plan accordingly.

 

Way to move 

SupplyPoint can help optimise and reduce inventory consumption by 25 to 40 percent. When the client is looking forward to having this kind of system, we have financing options for customers wherein they can avail of different financing options. These systems can also be offered through different channels that are working around the industry. SupplyPoint will help the users save their working capital and perhaps also have a system installed at a factory.