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Newman Technology

Newman Technology Achieves 98% Inventory Accuracy with Plex MES

98%Inventory Accuracy
25%Inventory Cost Reduction
62%Inventory Check Time Reduction

The Challenge

Newman Technology, an automotive parts supplier processing 1,500 containers daily, relied on spreadsheets and paper purchase orders creating cumbersome, time-consuming inventory processes. Customer order changes were difficult to handle and inventory process was prone to errors.

The Solution

Implemented Plex Manufacturing Execution System to automate and digitize inventory tracking, customer order management, and production control across four facilities.

Results

Achieved 98% inventory accuracy. Reduced inventory on-hand cost by 25%. Achieved 62% reduction in time for inventory checks.

Key Takeaways

  • Plex MES delivers 98% inventory accuracy replacing spreadsheet-based systems
  • Automated inventory checks save 62% of time versus manual counting methods
  • Reducing inventory on hand by 25% significantly improves working capital

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Details

Industry
Automotive
Company Size
MidMarket
Quality
Verified

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