Hi all,
We are looking for material resource planning software to help manage purchases and inventory levels for parts. We currently only have a single product, so we are not looking to go for a full-blown ERP. Just want something to help us make sure we don’t unnecessarily delay assembly due to component shortages that could potentially have a long lead time.
We are managing all of this in Excel now, but we’d like to have something that is less prone to errors and better at alerting us when purchase orders need to be placed with our suppliers.
Ideally, we want software that will do the following:
Captures all supplier info (MOQ, Lead Times, etc)
Generates purchase orders based on supplier info
Workflows with advanced user permissions that allow for purchase requests, approvals, notifications to the finance team, etc.
Ability to set minimum inventory levels; triggers alert when component inventory falls below
Detailed views of the entire Bill of Materials
Cash flow module that shows payment statuses, accounts payable, payment due dates, etc.
So far, I’ve looked at the following solutions, but none of them seems to solve the exact pain points we are facing, or they are too expensive/complex for what we need at this stage of our business: