"Raw material management" refers to the process of efficiently managing raw materials or materials within a company or organization. This includes planning, procurement, storage, and use of raw materials to support production processes and ensure an adequate supply of the required materials.
Typical functions of software in the area of "raw material management" could include:
Inventory management: Tracking raw material stocks, including inventory locations, quantities, and availability.
Procurement planning: Planning raw material procurement based on demand forecasts, orders, and lead times.
Supplier management: Managing supplier relationships and contracts for the procurement of raw materials.
Order and purchase processing: Processing orders and purchases of raw materials, including order status tracking and invoice reconciliation.
Quality control: Monitoring the quality of incoming raw materials through inspections and testing.
Warehousing: Organizing and optimizing storage spaces for the storage of raw materials, taking into account storage methods and requirements.
Sustainability management: Integrating sustainability criteria into raw material management, including environmental impact, social responsibility, and economic aspects.
Analysis and reporting: Generating reports and analyses on raw material stocks, costs, and consumption to support decision-making processes and identify optimization potentials.