When my daughter visited last week, she had a sore throat, so I ran out to buy cough syrup—only to find I already had a full bottle at home. This reminded me of a customer who had a similar problem. Their warehouse struggled with material scrap due to paper and Excel tracking. After analyzing the process, we identified two key drivers of waste: over-ordering and losing track of expiry dates.
At BioIT Solutions, we help customers tackle this by barcoding every bag and bottle as soon as it arrives and encoding Bill of Materials (BOMs). We then compare current stock levels against future needs, ensuring the right materials are ordered and none is wasted. Additionally, our system flags expiry dates, ensuring stock is used in the correct order. This way, our customers avoid wasting materials, much like choosing the freshest produce at the grocery store.
Requisition workflows pinpoint material locations so warehouse personnel can efficiently fulfill orders. Our accounting adapters allow inventory carry costs to be calculated for financial reporting. The organizational payoff can be substantial.
After implementation, the aforementioned customer reduced inventory waste by 50% and reduced turnaround times for material orders by 80% without additional staff. Digital tools are essential to creating a lean, efficient operation in biotech manufacturing.
Start your digital transformation today with 1Platform4® Manufacturing. To get started or for more information, email us at sales@bioit.com or fill out the Contact Form below.
