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Newman Technology Achieves 98% Inventory Accuracy with Plex MES

A documented Inventory Management in Automotive deployment at Newman Technology, with source-attributed results and missing evidence labelled explicitly.

Maintained by Peter Korpak, Founder & Chief AnalystHow evidence is checked

Evidence at a glance

Evidence status:
Automated evidence gate passed
Deployment timeframe:
Not reported by source
Reported outcome metrics:
3 cited below
Directory entry published:

The source-link check confirms reachability, not independent re-verification of every claim.

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

Source-reported figures — cited source: rockwellautomation.com

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
AI Technology
Not available in record
Company Size
MidMarket
Evidence status
Automated evidence gate passed
Deployment timeframe
Not reported by source
Directory entry published

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