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Managing stock and planning production

Present FORTAPS

HOW EFFICIENT PRODUCTION AND STOCK PLANNING ENABLE ORDERS TO BE DISPATCHED IN LESS THAN 24 HOURS.

Since 1996, FORTAPS has been producing plastic caps, and since then, we have used sales data to predict stock needs and create realistic plans for our production plant.

Our goal is to have all of our references in stock and in sufficient quantities to dispatch orders within 24 hours.

To meet customers’ expectations and ensure optimal internal operation in today’s competitive world, order processing must be fast and efficient. One of the keys to achieving this is efficient production and stock planning.

THE BENEFITS OF EFFECTIVE PLANNING::

Companies and their customers benefit from efficient production and stock planning, which include:

    1. Customers feel more satisfied and loyal when orders are issued within 24 hours.
    2. Lower associated costs can be achieved by efficient planning, which minimizes excess stock and prevents product shortages.
    3. By having proper planning, production bottlenecks can be avoided and resources can be optimized, leading to higher productivity.
    4. Efficient planning saves time when ordering, which can be used for other important business tasks.

PRODUCTION CHAIN OPTIMIZATION AND ORDER DELIVERY STRATEGIES.

At FORTAPS we continuously seek to achieve maximum efficiency in all internal processes to provide impeccable service to our customers. In fact, our focus is on anticipating customer needs and scheduling production based on forecasts, which is one of our greatest achievements.

    • Analysis of demand and prognosis. Based on sales data from the last 20 years.
    • Production optimization. Real-time data on stock status and forecast needs can be used to plan the production plant schedule.
    • Achieving efficient stock management: To ensure product availability at the right time, it’s important to analyze best practices and stock management strategies. To meet orders in a short time, it would be useful to conduct research on inventory models, reordering policies, and optimizing stock levels.
    • Implementation of digital technologies: Another intriguing approach could be to investigate the use of digital technologies, such as warehouse management systems and production planning software. These tools have the potential to enhance the efficiency of planning, stock management, and order delivery through analysis.
    • Improving logistics coordination between production processes, warehouses, and final delivery can result in faster order delivery. Analysis of coordination strategies can include implementing supply chain tracking systems and optimizing delivery routes.

CONCRETE ACTIONS AT FORTAPS

Always looking for maximum efficiency, at FORTAPS we have developed an algorithm based on the sales data of the last 20 years, that allows us to:

      • Know the optimum stock, maximum stock, minimum stock and safety stock
      • Ensure maximum efficiency in replenishment and warehouse maintenance processes, avoiding stock breakage
      • Connecting the stock data to our ERP and website will ensure that both our customer care staff and our customers have complete knowledge of the exact number of parts for each reference.

Our aim is to maintain the 98,14% order dispatch rate within the first 24 hours (*Source: Audit ISO 9001:2015, Bureau Veritas February 2023), which we have done throughout 2023

Realiable ferrule supplier