Tresa Thompson Manufacturing, Planning, & - Control Exclusive
The department leverages a cloud-based ERP (e.g., SAP Business One or Oracle NetSuite) integrated with MES (Manufacturing Execution System) for real-time data capture. Lean tools — kanban pull systems, value stream mapping, and total productive maintenance (TPM) — are applied in monthly kaizen events.
Implementing EOQ saves the company approximately $1,333 per year on this item alone. tresa thompson manufacturing, planning, & control
Tresa Thompson Manufacturing is facing a classic inventory management crisis. The company is unable to balance the conflicting objectives of the Marketing Department (which wants high inventory to ensure customer satisfaction) and the Accounting Department (which wants low inventory to minimize costs). The current system is reactive, leading to stockouts, expediting costs, and bloated safety stock. By implementing a formal model and a disciplined Reorder Point (ROP) system, the company can satisfy both departments: reducing total inventory costs while maintaining a 95% service level. The department leverages a cloud-based ERP (e
ABC analysis classifies raw materials, WIP, and finished goods. Cycle counting programs replace annual physical inventories, and reorder points are dynamically adjusted using demand forecasting (moving averages or exponential smoothing). Tresa Thompson Manufacturing is facing a classic inventory