Managing Purchase Order Lead Times in Plastics Manufacturing

Managing Purchase Order Lead Times in Plastics Manufacturing

In Plastics Manufacturing with resin and additive price fluctuations, sales forecast volatility, and varying levels of self-imposed risk, it is important to manage procurement. Minimizing inventory and the holding costs associated can sometimes take a backseat if other volatility warrants possibly over buying.

Strategies around what, when and how much will always be important to manage.

This can get far more complicated… let’s take a deeper look at MRP and PO lead time in our previous blog – Mid-week Reflections on MRP and Purchase Order Lead Time in Microsoft Dynamics AX

 

 

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