Materials Control

What is Materials Control?

Materials Control encapsulates the methodology of supervising and monitoring the materials utilised within manufacturing operations. This oversight is paramount as it certifies that requisite materials are readily available at appropriate junctures throughout the production workflow. Efficient material control not only staves off production hold-ups and associated disruptions but also serves to mitigate inventory-associated expenses. This ensures judicious material usage, predicated on demand. Moreover, from a quality assurance perspective, such control is instrumental in guaranteeing the deployment of top-tier materials, enabling the detection and rectification of potential material-based concerns that could compromise product excellence.

What common challenges does Materials Control present?

• Forecasting material needs accurately to avoid overstocking or stockouts.
• Ensuring real-time tracking and updating of material inventory.
• Managing potential quality issues arising from subpar materials.
• Optimising storage conditions to prevent material degradation.
• Streamlining procurement processes to align with production demands.

How can Libra Europe help?

• Implement advanced tracking systems to monitor material usage and inventory.
• Provide strategies for accurate demand forecasting to optimise stock levels.
• Ensure stringent quality checks, enabling the early detection of inferior materials.
• Advise on best storage practices to preserve material quality.
• Streamline the procurement process, integrating it with production schedules for maximum efficiency.

What benefits can be expected?

• Drastic reductions in production downtime, potentially enhancing efficiency by up to 18%.
• Significant cuts in inventory costs through optimised stock management, potentially saving up to 15%.
• Assurance of high-quality output by using only the finest materials, boosting product reputation.
• Minimised material wastage, potentially resulting in a 10% reduction in associated costs.
• Accelerated production timelines owing to timely material availability, potentially leading to a 12% increase in production rates.