I will create material control sheet for your business raw material

About:

Excel Sheet to Control your needs for raw material according to :

• Marketing plan.
• Current on hand Stock.
• Delivery period for raw material.
• Lot size/ Minimum ordering quantity.
• Safety Stock.

Material requirement planning setup helps companies to achieve the following goals.

1- It helps to ensure that there is enough component available for production.

2- Capital preservation and an effective use of working capital. Having less excessive inventory on hand means that companies do not tie up their valuable cash in inventory. They can remain liquid and use the funds on other needs, like expanding their operations, investing in new production lines or organizing additional marketing campaigns. Also by not allocating warehouse space to excessive inventory, businesses can save on rental costs or use the space for a better purpose.

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