Builds for Light Manufacturing or Assembly
Cloud-based Manufacturing Builds
Finale makes it quick and simple to create finished products. Finale Inventory’s Build module extends the end-to-end processes with specialized capabilities for manufacturers, wholesale distributors and others that need to assemble products or perform basic manufacturing activities to fulfill orders. Within Finale, you will create Bills of Materials (BOMs), which will track the inventory items needed to build completed goods. A bill of materials is simply a very specific shopping list that tells somebody elsewhere in the company exactly what to purchase and how much.
For example, the BOMs for a door would be made up of wood, hinges, and glue. As you build the finished goods, Finale automatically deducts component items from your inventory and alerts you when it’s time to re-order, or when there aren’t enough components for an assembly.
Finale’s builds allow for full traceability of the finished product if lot id or serials numbers are assigned. Every build is securely stored, and the critical data is immediately accessible whenever you need it.
As an illustration, you’re an electric bike manufacturer, and you assign unique serial numbers to each bike. For each electric bike assembly, the Finale achieve the builds including components and the lot id of the components.
When a customer contacts you about a bad battery, you are able to quickly look up the bike by serial number and look up the lot id of the battery used in the assembly. If you get a couple bad battery reports of the same batch, you will able to contact the manufacturer and get replacement batteries for all the electric bikes with that batch.
Utilize either "build to order" or "build to stock"
A Build to order system is essentially a pull or on demand production and inventory system which aims to produce and deliver products only on customer demand. This system can also be viewed as a Just in time production system which aims to operate on the principles of lean manufacturing, delivering components or products just in time when they are required thus eliminating wasted time and movement. This means that the end consumer dictates when and what products will be produced. A build is created from when a customer order is received and confirmed.
Build to stock is an inventory management model in which the production department or factory manufacture or plan production to fill up a warehouse or finish goods store until it is full regardless of consumer demand or preference for product lines.
Regardless of inventory inventory model, Finale can support either or a hybrid of both.