The tool crib of the future: Technology-supported passive transactions enhance processes and save costs

Overview:

Indirect material is defined as any inventory that does not go into the final product but is used during the manufacturing process.

Indirect material is defined as any inventory that does not go into the final product but is used during the manufacturing process. This includes MRO items, tools, machine parts, chemicals, shop rags and other inventory items. These items play a key role in manufacturing the product but are peripheral to the product being manufactured. This inventory is thought of as a cost of doing business, but in reality, it is a cost of doing business that, with the right technology to define and support inventory distribution, can save millions and dramatically impact the bottom line.

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