Released on: January 31, 2008, 6:14 am

Press Release Author: Thomas R. Cutler

Industry: Software

Press Release Summary: Engineer-to-Order MES Provides Serialized Inventory

Press Release Body: According to Randy Richel, P.Eng., CEO and General Manager of
Canadian-based Trakware, "Our newest version includes the ability to serialize
Inventory allows users to break up a large lot of inventory into smaller lots (each
with its own serial number) and this can be done when someone wants to break out a
small amount of inventory from a larger receipt, or when someone is receiving a
large order. It is also possible to serialize manufactured parts when they are
entered into inventory on the completion of a work order. Using the serialized
inventory in combination with the "Select Inventory for Selected Item(s)" function,
a user can break the FIFO or LIFO cycle and select specific receipts from a
serialized lot for work orders."

The ability to issue materials in an available Unit of Measure is quite often
different than the UOM on the requisition form for a complex or engineer-to-order
(ETO) build instruction. The ability for one-of-a-kind production manufacturers to
deplete inventory of appropriate materials, even in a different UOM than originally
specified, has bottom-line profitability impact.

Similarly the ability to select specific receipts to allocate or issue to projects
is vital particularly if there are multiple receipts of the same material, the
manufacturers can select the "Select Inventory for Selected Item(s)" choosing from a
list of receipts.


Ultimately rapid response to changes that impact contract planning, costing,
scheduling, and execution show up as the bottom-line profitability of ETO
manufacturers' who often operate on thin margins; a small error can make an ETO
product highly unprofitable clearly articulating the need for effective technology
solutions is even more critical than in the repetitive manufacturing environment.

Yacht-builders for example, also appreciate the ability to borrow inventory
allocated to another project to maintain the benchmark deliverables to receive
incremental billing. In few MES (manufacturing execution systems) solutions does
the software technology allow the users to do what they are already doing on the
shop floor, namely borrowing available inventory from projects that have not been
started to help complete projects when purchase orders have been delayed. This
critical documentation allows for an audit trail covering the transaction, something
that never happens when someone grabs something off the plant floor.


Trakware Systems is the worldwide leader in manufacturing execution system (MES)
solutions for engineer-to-order (ETO) and project-based manufacturers maximizing
both profitability and productivity. Trakware specializes in lean business-critical
functions such as estimating, advanced scheduling, job costing, production
management and labor as well as material shop floor data collection. TRAKware
software fully integrates with existing ERP systems, as well as major software
providers for financials, engineering design, optimization, payroll and wireless
interaction for mobile workers. Trakware recognizes ETO manufacturing as a process
and includes a wide range of industry sectors including Architectural Woodworking,
Cabinets, Store Fixtures, Doors and Windows, Furniture, Oil and Gas Fabrication,
Solid Surface, Metal Fabrication, Yacht-building, and Custom Electronics.


TRAKware Systems Inc.
www.trakware.com
Randy Richel, CEO
info@trakware.com
800-370-1849


Web Site: http://www.trakware.com

Contact Details: TRAKware Systems
1120-13 Misson Ave
St.Albert, Alberta, Canada