Remnants/Fall-off Management
The Value of Effectively Managing Remnants
Industrial Products companies face complex challenges managing the remnants produced when only a portion of a raw material is used. This is especially true in configure-to-order environments, and when the dimensional increments are very small and/or variable.
Combinations quickly become unwieldy. Many companies do not systematically create the combinations as consumable inventory, instead tracking remnants (fall-off) outside the system. This leads to time-consuming manual process to consume remnants, including identification of likely targets, manual work order processing, and manual searches for suitable-sized remnants.
Our Remnants Management solution leverages Oracle CPQ to automatically configure remnants as inventory parts and prioritize remnant usage on work orders. This minimizes production transactions and optimizes inventory and warehouse management – saving time and money.
Who can benefit?
- Industrial Engineers
- Supply Planners
- Material Handlers
- Shop Floor
Oracle Solutions Leveraged
- Configure, Price, Quote (CPQ) Cloud
- Manufacturing and Supply Chain Planning Cloud
- Inventory and Warehouse Management
Key Benefits of Remnants Management
Significantly Reduce Scrap
Use fall-off more effectively and reduce the amount of materials consigned to the scrap heap.
Leverage Remnants on Work Orders
Plan work orders using remnants, rather than manually modifying them if someone finds a suitable remnant.
Systematically Track Remnants
Store, track, and manage remnants within your core manufacturing system.
Leverage Inventory Best Practices
Enable best practices for inventory and warehouse management for remnants.
The time required to implement Remnants Management varies depending on the complexity of your CPQ needs.
