Materials
Materials
Track material inventory, consumption, and procurement requirements with stock-level monitoring and reorder management for engineering operations.
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Materials
Challenges
Common problems that engineering teams face without the right digital tools.
Materials
Features
Purpose-built capabilities to streamline your workflows and boost productivity.
Case study
Context
Solution
Benefit
A fabrication workshop managing 500+ material SKUs tracked inventory in a spreadsheet updated weekly. Stock-outs on critical materials halted production 2-3 times monthly because reorder points were not systematically monitored. Over-ordering of slow-moving items tied up working capital, while consumption rates were unknown, making budget forecasting unreliable.
PMG Materials provided real-time inventory tracking with receipt, issue, and consumption recording. Configurable reorder points triggered automatic alerts when stock levels fell below thresholds. The dashboard showed current stock levels, consumption trends, and pending orders. Material consumption was linked to projects and production orders for accurate job costing.
Production stoppages due to material stock-outs decreased by 85%. Inventory carrying costs reduced by 20% through data-driven reorder quantities. Material cost allocation accuracy improved, enabling 30% better project cost estimation. The procurement team reduced emergency purchase orders by 75% with proactive reorder monitoring.
Materials
Key Benefits