Steel Inventory Is Not Just About Quantity
Inventory management looks simple when the only question is how much stock is available.
Steel companies know that it is not that simple.
A stock report may show 500 MT of material.
But management may also need to know:
Which grade?
Which heat?
Which size?
Which location?
What is the actual weight?
What is the theoretical weight?
Is the material approved by quality?
Has it already been allocated to a customer?
Is it available for sale?
Is it available for production?
Is some of the material lying with a job worker?
These questions make steel inventory very different from standard inventory management.
A steel inventory management system needs to track the identity, weight, quality and movement of material throughout its life cycle.
Why Steel Stock Often Does Not Match
Many steel companies face differences between system stock and physical stock.
The reasons can be different from one business to another.
Material may be recorded in MT but physically handled in KG or pieces.
Theoretical weight may differ from actual weight.
Cutting can create short lengths and scrap.
Material can move between warehouses.
Production may consume material without timely system entries.
Job work material may remain outside the factory.
Finished goods may be allocated to customers but still appear as available stock.
These small differences can accumulate and create a significant reconciliation problem.
Steel Inventory Needs Heat Wise Tracking
Heat number is one of the most important inventory identifiers in many steel businesses.
Two materials may have the same item code and grade but belong to different heats.
The heat can carry important information about:
A steel ERP should allow inventory to be viewed and managed at heat level where required.
- Production batch
- Chemical composition
- Quality results
- Billet production
- Rolling
- Finished products
- Customer allocation
- Dispatch
Grade Alone Is Not Enough
A steel company may maintain the same product in several grades.
The inventory system should distinguish between them clearly.
For example, stock may need to be separated by:
This prevents different materials from being mixed together in system records.
- Grade
- Size
- Thickness
- Width
- Length
- Heat
- Finish
- Quality status
- Customer specification
Weight Is a Critical Part of Steel Inventory
Weight is often the basis of purchasing, production and sales.
But the business may work with different types of weight information.
Theoretical weight
Actual weight
Received weight
Issued weight
Produced weight
Dispatched weight
The ERP should preserve these values where required rather than reducing everything to a single quantity.
This provides better control over material movement.
Theoretical Weight Versus Actual Weight
A steel product may have a theoretical weight calculated from its dimensions.
The actual physical weight can be different.
For example, a bar, plate or coil may have a theoretical weight based on dimensions and density, while the actual scale weight may show a different figure.
The difference may be within an acceptable tolerance.
But when these differences are repeated across large quantities, they can affect inventory and profitability.
A steel inventory system should make these differences visible.
Multiple Units of Measure Need Proper Control
Steel businesses commonly use:
Depending on the product, the same stock may need to be viewed in more than one unit.
For example, a product can be purchased in MT, stored by weight, sold by KG and physically counted in pieces.
Without proper conversion rules, inventory reports can become confusing.
The ERP should maintain consistent conversion logic so that users across purchase, stores, production and sales are working with the same information.
- MT
- KG
- MTR
- NOS
- PCS
Stock Should Be Available by Location
Steel material can be stored in several locations.
For example:
Management should be able to see where the material is physically located.
This becomes particularly important when sales ask whether a particular grade or heat is available for immediate dispatch.
- Raw material yard
- Scrap yard
- Billet yard
- Production floor
- Finished goods warehouse
- Quality inspection area
- Dispatch area
- Job worker location
- Transit
Available Stock Is Not the Same as Total Stock
Suppose the system shows 1,000 MT of finished steel.
It does not necessarily mean that all 1,000 MT can be sold.
Some stock may already be:
A useful steel inventory dashboard should separate total stock from genuinely available stock.
- Reserved for customers
- Under inspection
- Blocked
- Allocated to production
- At a job worker
- In transit
- Waiting for packing
- Waiting for dispatch
Customer Allocation Should Be Visible
When material is allocated to a customer, the allocation should remain connected with the inventory.
The sales team should know:
This prevents the same stock from being promised to multiple customers.
- Customer
- Order number
- Product
- Heat
- Quantity
- Weight
- Allocated stock
- Pending quantity
- Expected dispatch
Material Movement Should Be Recorded
Steel material can move many times before reaching the customer.
For example:
Every movement affects inventory.
If one movement is missed, the stock position can become inaccurate.
- Purchase receipt
- Raw material storage
- Production issue
- Melting
- Casting
- Billet storage
- Rolling
- Finished goods storage
- Job work
- Return
- Customer dispatch
Production Consumption Should Reduce the Correct Stock
Production should consume the actual material that was issued.
If a particular heat is issued for production, the system should reduce the relevant stock.
The resulting production should then create the new material.
For example:
Scrap is consumed.
Heat is produced.
Billets are created.
Billets are issued to rolling.
Finished bars are produced.
Finished bars enter inventory.
This creates a material flow that can be traced through the ERP.
Scrap Should Be Treated As Inventory Where Applicable
Scrap may have value.
It may be sold or returned to the production process.
A steel inventory system should therefore record scrap separately rather than simply treating it as an unexplained loss.
Scrap can be tracked by:
This provides better control over a significant material category.
- Type
- Grade
- Location
- Quantity
- Weight
- Source
- Production process
- Value
- Reuse or sale
Job Work Can Create Inventory Gaps
Job work is common in steel processing.
Material may leave the factory but still belong to the company.
If the system simply removes the material from inventory, management may lose visibility over it.
The ERP should show material with the subcontractor and retain information such as:
This makes external material movement easier to control.
- Vendor
- Heat
- Product
- Quantity
- Weight
- Issue date
- Processing required
- Expected return
- Actual return
- Scrap
- Processing charges
Inventory And Quality Should Work Together
Not all material received or produced is immediately available for sale.
Some material may need quality inspection.
The inventory status should reflect this.
For example:
This prevents users from selling or issuing material that has not yet been approved.
- Available
- Under inspection
- Approved
- Rejected
- Blocked
- Rework
- Downgraded
Quality Status Should Stay with the Material
When material moves from one location to another, its quality status should not disappear.
If a particular heat has been approved, that information should remain associated with the relevant material.
Similarly, if material is rejected or placed on hold, the status should remain visible.
This is particularly important when customers require quality certificates or traceability documents.
Stock Age Can Help Reduce Slow Moving Inventory
Steel inventory can sometimes remain in the warehouse for long periods.
Old stock may tie up working capital.
A stock ageing report can help management identify:
This allows sales and management to decide whether older material should be prioritised for sale.
- Old stock
- Slow moving stock
- Non moving stock
- Customer allocated stock
- Stock approaching quality or commercial concerns
Inventory Accuracy Affects Sales
Sales teams depend on stock information.
If the system says a material is available but the physical stock cannot be found, the customer order may be delayed.
If the physical stock exists but the system does not show it correctly, sales may miss an opportunity.
Accurate inventory therefore has a direct impact on customer service.
Inventory Accuracy Also Affects Production
Production planners need to know whether required material is available.
If the system shows 200 MT of billets but only 150 MT is actually available, production planning can be disrupted.
Connecting stores and production ensures that material movements are reflected as they happen.
Cost Is Also Part of Inventory Management
Steel inventory is not only a quantity issue.
It is also a value issue.
Management needs to understand the value of stock by:
Stock valuation affects working capital and profitability.
An ERP should therefore connect inventory quantities with financial valuation.
- Product
- Grade
- Heat
- Location
- Material type
- Finished goods
- Raw material
- Scrap
Better Steel Inventory Starts with Better Material Visibility
The objective of steel inventory software is not simply to show a stock balance.
It should answer practical questions.
Where is the material?
Which heat is it from?
What is its actual weight?
Is it available?
Has it been allocated?
Is it approved?
Is it with a subcontractor?
How much scrap has been generated?
What material is moving slowly?
What stock is required for upcoming production?
When these answers are available from one system, inventory management becomes much easier.
Steel Inventory Management Software: Track Heat, Weight, Stock, Scrap and Material Movement
Part 2
Inventory Should Follow Material Through Every Process
Steel material does not stay in one place.
It moves from purchase to stores, from stores to production and from production to finished goods.
Sometimes it also moves to an outside processor before coming back to the factory.
The inventory system should follow this movement without losing the identity of the material.
For example:
Purchase receipt → Raw material yard → Production issue → Heat production → Billet stock → Rolling → Finished goods → Customer dispatch
Each step should create a clear inventory transaction.
Raw Material Receipt Should Capture The Right Information
When raw material arrives, recording only the quantity is not enough.
Depending on the material, the receipt may need:
This information becomes the starting point for future traceability.
- Supplier
- Material
- Grade
- Heat
- Weight
- Quantity
- Vehicle
- Purchase order
- Receipt date
- Location
- Quality status
- Test certificate
Incoming Weight Should Be Recorded Accurately
The received weight can have a direct impact on inventory and supplier reconciliation.
The system may need to capture:
Recording these details at receipt helps avoid disputes later.
- Gross weight
- Tare weight
- Net weight
- Supplier weight
- Actual received weight
- Shortage or excess
Purchase Order And Receipt Should Be Compared
A steel manufacturer may order a particular quantity and receive a slightly different quantity.
The ERP should make this difference visible.
For example:
The purchase team can then investigate whether the difference is due to actual shortage, weighing variation or another reason.
- Ordered: 100 MT
- Received: 98.5 MT
- Difference: 1.5 MT
Material Should Not Become Available Before Quality Approval
Some materials require inspection before they can be used in production.
The inventory status should make this clear.
Material can be:
This prevents production teams from accidentally consuming material that has not been approved.
- Received
- Under inspection
- Approved
- Rejected
- Blocked
- Released
Heat And Quality Information Should Move With The Stock
When approved material is transferred to another location, its heat and quality information should remain connected.
For example, a billet transferred from the billet yard to the rolling mill should still carry its relevant heat information.
The same principle should continue when finished products are created.
This makes the complete material history available when required.
Inventory Transactions Should Be Easy To Trace
If the stock balance changes, the user should be able to understand why.
A material ledger should help answer:
When was the material received?
Who supplied it?
When was it issued?
Which production order consumed it?
What was produced?
Where was the output stored?
Was any material sent for job work?
When was it returned?
When was it dispatched?
This level of transaction history is important when investigating inventory differences.
Steel Stock Reconciliation Should Be Faster
Physical stock checks are necessary in steel businesses.
But reconciliation becomes difficult when the system does not contain enough information.
A useful reconciliation report can compare:
The reason for the variance can then be investigated.
- System quantity
- Physical quantity
- Theoretical weight
- Actual weight
- Difference
- Difference percentage
- Location
- Heat
Physical Stock and System Stock Should Not Be Treated as Separate Worlds
If the physical warehouse is showing one number and the ERP is showing another, someone has to investigate.
The goal should be to reduce the reasons for these differences.
This requires timely recording of:
Receipts, Issues, Transfers, Production, Scrap, Adjustments, Job work, Returns, Dispatch
The faster these transactions are recorded, the more reliable the stock position becomes.
Stock Transfers Need Proper Control
Steel material frequently moves between locations.
A transfer from one warehouse to another should record:
Source location, Destination location, Product, Heat, Quantity, Weight, Transfer date, User
This gives management visibility into material that has moved but has not yet been sold or consumed.
Scrap Transfers Should Also Be Visible
Scrap may move from the production area to a scrap yard.
Later it may be reused or sold.
These movements should be recorded separately.
This allows management to see how much scrap is currently available and where it is stored.
Inventory Should Support Different Steel Products
Different products have different inventory characteristics.
For example, a coil may need:
Coil No., Heat, Grade, Width, Thickness, Weight
A bar may require:
Grade, Diameter, Length, Heat, Pieces, Weight
A plate may require:
Grade, Thickness, Width, Length, Heat, Weight
The inventory structure should be flexible enough to manage these product characteristics.
Coil Inventory Needs Special Attention
Coil processing companies often have difficulty maintaining accurate coil stock.
One original coil may be divided into several smaller coils through slitting.
The system should maintain the relationship between the original coil and the resulting coils.
This helps maintain:
Parent coil, Child coil, Heat, Grade, Input weight, Output weight, Slitting loss, Finished coil weight, Customer allocation
This creates better traceability during coil processing.
Slitting Can Change the Inventory Structure
Suppose one master coil is slit into several smaller coils.
The original stock cannot simply disappear.
The ERP should record the transformation.
For example:
This gives management a clear record of where the original material went.
- Master coil received
- Master coil issued for slitting
- Multiple slit coils produced
- Slitting loss recorded
- Finished coils entered into inventory
Cutting Operations Also Need Proper Tracking
Cutting can create different lengths from the same input material.
The system should be able to record:
Input material, Input weight, Heat, Cut length, No. of pieces, Finished quantity, Cutting loss, Scrap
This becomes particularly important when customer orders specify exact dimensions.
Bright Bar and Further Processing Should Maintain Traceability
When material goes through further processing, the new finished product should remain linked with its source material.
For example:
The system should retain the relevant heat and material history.
This is important for both quality control and customer traceability.
- Billet or bar Grinding Bright bar
Job Work Stock Should Be Clearly Separated
Material with a subcontractor is still company inventory.
The inventory dashboard should therefore show it separately.
Management should be able to see:
Material with Vendor A
Material with Vendor B
Material issued
Material received
Material pending
Processing completed
Scrap generated
Processing charges
This helps prevent material from disappearing from the company's inventory records simply because it is physically outside the factory.
Customer Reserved Stock Should Be Visible
A customer may place an order and the company may allocate specific stock against that order.
That stock should remain identifiable.
The system can show:
This helps sales teams avoid double allocation.
- Total stock
- Reserved stock
- Available stock
- Dispatched stock
- Pending order quantity
Inventory Planning Should Consider Future Demand
Inventory management should not only look at today's stock.
Upcoming demand also matters.
If several customer orders are expected next month, management needs to know whether the current inventory is enough.
The system can compare:
This helps identify future shortages before they affect deliveries.
- Current stock
- Reserved stock
- Open purchase orders
- Production plan
- Customer orders
- Expected consumption
Production Planning Can Use Inventory Information
Production planners can use inventory data to determine which materials are available.
For example, if a customer requires a specific grade and size, the planner can check whether the required heat and weight are available.
If not, the system can indicate that additional production or purchasing is required.
This creates a direct connection between inventory and production planning.
Inventory Can Support Better Procurement Decisions
Procurement should not purchase material simply because the stock level has fallen.
They should also consider:
This helps avoid both excess inventory and material shortages.
- Customer orders
- Production plans
- Lead time
- Open purchase orders
- Reserved stock
- Expected consumption
- Safety stock
Inventory Valuation Should Match the Business Process
Steel inventory can include raw material, work in progress, finished goods and scrap.
Each category may have a different cost.
The ERP should support proper valuation so management can understand the value of stock at different stages.
For example:
This provides a better picture of working capital.
- Raw material value
- Work in progress value
- Finished goods value
- Scrap value
- Material at job worker
Slow Moving Stock Can Block Working Capital
Steel inventory has a cost even when it is sitting in a warehouse.
If material remains unsold for months, capital remains tied up.
A stock ageing report can help management identify:
Sales teams can then focus on material that has been sitting for longer periods.
- Fast moving stock
- Slow moving stock
- Non moving stock
- Old heats
- Customer specific stock
- Excess stock
Inventory Reports Should Be Useful for Different Teams
Stores needs stock and location information.
Production needs material availability.
Sales needs available and reserved stock.
Procurement needs future requirements.
Quality needs material status.
Finance needs stock valuation.
Management needs overall inventory value and movement.
The same inventory database can provide different reports for each department.
Inventory Accuracy Is a Business Issue
Inventory differences are not only a stores problem.
They affect the entire business.
If stock is wrong, sales may make incorrect commitments.
If material availability is wrong, production planning can be affected.
If valuation is wrong, finance may report incorrect inventory values.
If heat information is missing, traceability can become difficult.
That is why inventory control should be treated as a core business process.
Goal Is Simple: Know What You Have
A good steel inventory system should make it easy to answer basic questions.
What material do we have?
How much do we have?
What is the actual weight?
Where is it located?
Which heat does it belong to?
Is it approved?
Is it available?
Is it reserved?
Is it with a job worker?
How much scrap do we have?
What stock is moving slowly?
What will we need for upcoming production?
When this information is available without checking multiple Excel files, inventory management becomes much easier.
Inventory Management Should Help Management Make Decisions
A steel inventory system should do more than maintain stock balances.
Management should be able to use inventory information to make decisions about purchasing, production, sales and working capital.
For example, if a particular grade has been sitting in stock for several months, management may want to know why.
If another grade is regularly running short, procurement may need to review purchasing plans.
If physical stock repeatedly differs from system stock, the business may need to review its material movement process.
The value of inventory software comes from making these situations visible.
Daily Steel Inventory Dashboard
A useful daily dashboard can show the most important stock information in one place.
For example:
This gives management a quick view of the current inventory position.
- Total raw material
- Total finished goods
- Billet stock
- Scrap stock
- Stock by grade
- Stock by heat
- Stock by location
- Available stock
- Reserved stock
- Material with job workers
- Stock under inspection
- Slow moving stock
- Stock variance
Stock By Heat Gives Better Control
A total stock figure can hide important information.
Suppose the company has 500 MT of a particular grade.
That 500 MT may actually consist of several heats with different quality information and customer requirements.
A heat wise report can show:
This makes inventory more useful for planning and traceability.
- Heat number
- Grade
- Product
- Quantity
- Weight
- Location
- Quality status
- Customer allocation
- Production date
Stock By Location Helps Stores Teams
Stores teams need to know exactly where material is physically located.
A location wise inventory report can show:
This reduces the time spent searching for material.
It also makes physical stock verification easier.
- Raw material yard
- Finished goods yard
- Warehouse
- Production area
- Inspection area
- Dispatch area
- Job worker
- Transit
Inventory Ageing Helps Reduce Working Capital
Old inventory ties up money.
A steel company may have material that was purchased for a customer order but remained unsold after the order changed.
Another batch may have been produced against expected demand but has not moved.
An ageing report can identify these situations.
Management can then decide whether to:
The objective is to prevent good material from becoming dead stock.
- Prioritise the material for sales
- Offer it to another customer
- Process it further
- Return or adjust the material
- Review future production plans
Customer Specific Stock Needs Separate Visibility
Some steel products are manufactured according to specific customer requirements.
That stock may not be suitable for another customer.
The ERP should therefore identify customer allocated or customer specific stock separately.
This prevents management from treating all finished stock as freely available inventory.
Inventory Should Connect with Customer Orders
When an order is confirmed, the system can help reserve the required material.
This gives sales and stores a common view.
Sales can see what has been allocated.
Stores can see what needs to be held.
Production can see what still needs to be produced.
Management can see the balance between available and committed inventory.
Inventory Planning Can Support Purchasing
Purchasing decisions should be based on future requirements rather than only current stock.
The system can help compare:
This gives procurement teams more time to arrange material.
- Current stock
- Minimum stock
- Customer orders
- Production requirements
- Open purchase orders
- Expected receipts
- Supplier lead times
Material Shortage Can Be Identified Earlier
Suppose production planning shows that 1,000 MT of a particular grade will be required next month.
Current available stock is 600 MT.
Another 100 MT is already on purchase order.
The system can highlight the remaining shortage.
This gives procurement enough time to act before production is affected.
Excess Inventory Can Also Be Identified
The opposite situation is also important.
If stock is much higher than expected demand, the business may be holding unnecessary working capital.
Reports can compare inventory with:
This can help management reduce unnecessary production and purchasing.
- Historical sales
- Open orders
- Forecast demand
- Production plans
- Stock ageing
Scrap Inventory Should Be Visible to Management
Scrap may represent a significant amount of value.
Management should know:
This provides better control over material recovery.
- How much scrap is available
- Which type of scrap it is
- Where it is stored
- Which process generated it
- How much was reused
- How much was sold
- What value it represents
Scrap Can Become Part of Future Production
In many steel operations, scrap can return to the production cycle.
The inventory system should be able to record the movement from scrap stock back into production.
This creates a complete material history and helps calculate actual consumption.
Job Work Inventory Needs Regular Reconciliation
Material sent to subcontractors should be reviewed regularly.
A job work inventory report can show:
This helps identify material that has remained with a vendor for longer than expected.
- Opening material
- Material issued
- Material returned
- Finished output
- Scrap
- Pending quantity
- Vendor wise balance
Inventory Variance Should Be Investigated
Not every stock variance has the same reason.
A variance may come from:
The system should provide enough transaction history to help identify the reason.
- Weight difference
- Counting error
- Missed transaction
- Production loss
- Cutting loss
- Scrap
- Wrong unit conversion
- Incorrect location
- Job work movement
Steel Inventory Software Can Improve Audit Control
Inventory is an important part of financial reporting.
Auditors and finance teams may need to verify stock balances and valuation.
A properly maintained ERP provides transaction history for:
This creates a stronger audit trail than manually maintained spreadsheets.
- Receipts
- Issues
- Transfers
- Production
- Adjustments
- Scrap
- Job work
- Sales
- Dispatch
Inventory And Finance Should Stay Connected
Inventory value affects the financial position of the company.
When material is purchased, inventory value is created.
When it is consumed, the value moves into production.
When finished products are sold, the corresponding inventory value moves into cost of sales.
When scrap is generated or recovered, it can also affect production economics.
A connected ERP allows finance and operations to work with the same underlying transactions.
Purchasing, Sales, Production, Quality, Warehouse, Job work, Dispatch, Costing, Finance
This means inventory is not maintained as an isolated module.
The material information can follow the complete business process.
From Purchase to Customer Dispatch
Consider a simple steel material flow.
The company purchases scrap.
The scrap is received and weighed.
It is stored in the scrap yard.
Production consumes the required material.
A heat is created.
Billets are produced.
Billets are moved to the rolling mill.
Finished bars are produced.
Quality checks the material.
Finished goods are stored.
The material is allocated to a customer.
The customer order is dispatched.
Every step changes the inventory position.
A connected steel ERP should be able to record this complete flow.
Why Excel Becomes Difficult As The Business Grows
Excel can work well for small inventory requirements.
As the number of products, heats, locations, customers and transactions increases, maintaining accurate information becomes difficult.
Different teams may maintain different files.
One file may show physical stock.
Another may show production.
Another may show customer allocation.
Finance may maintain a separate valuation file.
Eventually, someone has to reconcile everything.
A steel inventory ERP reduces this dependency on manual reconciliation by keeping the transactions connected.
What Should You Check Before Choosing Steel Inventory Software?
Before selecting a system, a steel manufacturer should check whether it can handle:
The system should fit the actual material flow of the business.
Frequently Asked Questions
What is Steel Inventory Management Software?
Steel Inventory Management Software is designed to manage steel stock while considering heat, grade, size, weight, location, quality, scrap, customer allocation and material movement.
Why is heat tracking important in steel inventory?
Heat tracking helps maintain material identity and traceability from production through finished goods and customer dispatch.
Can steel inventory software manage actual and theoretical weight?
Yes. A suitable system can maintain both theoretical and actual weight and highlight differences between them.
Can steel inventory software manage scrap?
Yes. Scrap can be maintained as a separate inventory category and tracked by type, location, quantity, source and value.
Can material sent for job work remain in inventory?
Yes. Material can be tracked as inventory with the subcontractor while maintaining its heat, quantity, weight and processing information.
Can steel inventory software manage customer allocated stock?
Yes. Stock can be separated into available, reserved, allocated and dispatched quantities.
Can NAVSteel manage steel inventory and finance together?
Yes. NAVSteel is built on Microsoft Dynamics 365 Business Central, allowing inventory, purchasing, production, sales and financial transactions to work together.
- Heat wise stock
- Grade and size
- Multiple units of measure
- Actual and theoretical weight
- Scrap
- Coils
- Bars
- Plates
- Production consumption
- Job work
- Quality status
- Customer allocation
- Stock ageing
- Location wise stock
- Physical stock reconciliation
- Inventory valuation
- Production costing
Better Inventory Control Starts With Knowing Your Material
Steel inventory management is not simply about knowing how many tonnes are available.
The business needs to know what the material is, where it is, which heat it belongs to, what it weighs, whether it is approved and whether it is actually available for sale or production.
It also needs visibility into scrap, job work, customer allocations, slow moving stock and inventory variances.
When all of this information is maintained in one connected system, stores, production, sales, procurement and finance can work with the same numbers.
NAVSteel brings these steel specific inventory requirements into Microsoft Dynamics 365 Business Central, helping manufacturers manage heat wise inventory, weight, scrap, production consumption, job work, quality, warehouse movement and costing in one connected ERP environment.
If your steel company is still depending heavily on Excel for stock reconciliation, heat tracking, weight management or material movement, it may be worth reviewing how a steel specific ERP can improve inventory control.
Explore NAVSteel and see how steel inventory, production, sales and finance can work together in one system.
Frequently Asked Questions
What is Steel Inventory Management Software?
Steel Inventory Management Software helps steel businesses manage heat, grade, weight, stock, scrap, quality status, location and material movement across the complete inventory lifecycle.
Why is steel inventory different from standard inventory?
Steel inventory must track heat, grade, size, location, theoretical and actual weight, quality approval, customer allocation and job work material, not only item quantity.
Can steel inventory software track heat wise stock?
Yes. A steel ERP should allow inventory to be viewed and managed at heat level wherever traceability is required.
Can NAVSteel manage steel-specific inventory control?
Yes. NAVSteel supports heat wise inventory, weight management, grade and size tracking, coil tracking, scrap, job work inventory, quality status and material transfers on Microsoft Dynamics 365 Business Central.
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