Inventory Risk by Horizons International Microsoft Partner since 1996 with industry-specific solutions for manufacturers For 20 years Horizons International has provided dexterity based solutions for manufacturers. Today I would like to talk about the business challenge to manufacturers of Inventory Risk Jaydel Gluckie Manager, .net Development

Too Little Inventory Too Much Inventory = not enough profit For manufacturers Inventory is their # 1 Asset and poses the greatest risk. too much inventory can mean not enough profit and nervous accountants too little can mean not enough revenue and unhappy customers = not enough revenue

What is the best way to manage risk? Good planning. Accurate real time material consumption. Elimination of defects. We think that that best way to manage this risk is to Apply Good Planning Have Accurate real time consumption Make the effort to Eliminate defects

Discrete, Process & Mixed Mode Did you know Manufacturers come in Types? Software functionality for good planning and accurate consumption has to match the type.

10 x 20 wings 40 engines 10 tails Inventory calculations and consumption for discrete manufacturers are easy, that’s because they make everything in multiples of one. Cars, Mobile Devices, Jet Airplanes So everything is just basic multiplication 10 airplanes need 20 wings, 40 engines – you get the idea The greatest concern is where the products are made. Horizons specifically handles multiple inventory sites for material planning so there are no challenges there.

Process & Mixed Mode Manufacturers use formulas or recipes where proportions are important. For process and mixed mode manufacturers the calculations are a bit more complicated. Almost everything made goes into a package, which can make it look like discrete manufacturing. But the stuff inside these packages is based on a formula or recipe where getting the proportions just right is critical.

Too Much Too Little Just Right Consider the formula for Laundry Soap. If there is too much soap we have a bit of a mess If there is too little we just won’t get the desired results. With the right formula we can clean up. Just Right

Dexterity Process Discrete Mixed Mode Horizons handles the process calculations as well as transitioning seamlessly to the discrete events in a single DEXTERITY based solution. In the case of laundry soap our software helps you formulate the powder as well and putting the powder into containers. This built in transition is why our products best help manufacturers reduce inventory risks. Being inside GP also means you can use the browser based client. But we go beyond simple calculations and consumption tracking when we address inventory risk.

Action: Goal: reduce inventory quantity eliminate defective materials Horizons supports manufacturers managing inventory risk by providing quality management software that helps identify defects in their processes. This focus on eliminating defects has an immediate positive impact on inventory levels and profitability.

Plan Collect Analyze Repeat With Quality Essentials Suite manufacturers regardless of ERP product can affordably engage in the necessary tasks of quality management. They can plan, collect and analyze the quality control data they need to help them identify the best opportunities for improving their processes and eliminating errors.

Working Together is More Powerful than Working Apart When it comes to managing inventory risk combining quality and manufacturing creates the best solution. Working together is more powerful than working apart. We look forward to the opportunity of working with all of you very soon.

Contact sales@hzs.com And learn more at: www.hzs.com www.qualityessentialssuite.com