Part Category
Part category or component category in a company is a classification system used to group and categorize various types of components or spare parts used in the production process or repair of machines or equipment. The functions of the part category in a company are as follows:
- Facilitate component inventory management: By using component categories, companies can easily monitor and manage different component inventories. Each category can have specific rules that govern the minimum or maximum quantity of particular spare parts to be maintained in the warehouse.
- Increase efficiency in component management: By using component categories, companies can easily determine where each component should be stored in the warehouse, thus saving time and effort needed to search for specific spare parts.
- Increase production efficiency: By grouping components in the appropriate categories, companies can ensure that every component needed for production is available in the warehouse. This allows for smoother production and avoids delays due to component shortages.
- Facilitate reporting: Component categories also make reporting easier, as companies can track the consumption and expenditure of different spare parts and generate more detailed inventory reports.
Overall, part category or component category is a classification system that helps companies manage and control spare parts inventory more efficiently and effectively. By using component categories, companies can improve production efficiency and enhance overall operational efficiency.
Setup
To complete the Part Category information, click on the static data/Inventory Menu/Part Category. The system will then display a menu as shown in image 3.5.5
Examples of commonly used part categories in companies include:
- Electronics: This category includes all electronic components used in manufacturing electronic products, such as resistors, capacitors, ICs, transistors, and so on.
- Mechanics: This category includes all mechanical components used in product manufacturing, such as bolts, nuts, seals, gears, bearings, and so on.
- Electrical: This category includes all electrical components used in product manufacturing, such as cables, connectors, switches, lights, and so on.
- Chemical: This category includes all chemicals used in production, such as paint, adhesive materials, cleaning materials, and so on.
- Consumables: This category includes all items consumed during production, such as printer ink, printer paper, batteries, and so on.
- Equipment: This category includes all equipment or machines used in production, such as drilling machines, cutting machines, and so on.
Each company can determine the part categories that suit their production needs and use these categories to organize their inventory for easier management and monitoring.