Cloud MRP Tools for Metal Service Centers

Dallas, Texas, USA -Invera has announced the release of INVEX-MRP, a web-based, material requirements planning (MRP) application for the metal service center industry.  INVEX-MRP uses forecasting algorithms that are fully integrated with real-time data from INVEX ERP to provide a single source of truth for data-driven planning and purchasing decisions.  

INVEX is the leading ERP platform for the metal service center industry by Invera.  INVEX can be implemented rapidly with little to no modification, and provides modern and extensive functionality to meet the needs of multi-site and multi-process metal service center operations. 

INVEX-MRP is a must have tool for service centers that enter into part-specific customer contracts.  For these companies, finished goods are produced to a customer part, and typically purchased from the same purchased part. This can be commonly found in flat rolled service centers, where slit coil or sheet is produced on a repeated basis to meet the contracted demands of customers.   

INVEX-MRP provides the following benefits 

  • Supply chain and procurement staff can quickly see what products need to be replenished within a time-frame, eliminating the need to manually estimate shortages 
  • Pair customer parts to purchased products and determine reorder points based on forecasted or historical demand patterns  
  • Customer parts can be grouped by a common purchased product and analyzed to determine whether a production order needs to be issued to satisfy JIT programs  
  • Computes the purchase quantity and lead-time required to avoid an inventory deficit   
  • Manage requisitions, and convert to purchase orders for a seamless and integrated planning and procurement process  

INVEX-MRP provides real-time, dynamic insight into business operations allowing metal companies to move past outdated reports and spreadsheets and brings all critical business data and decision factors into a concise tool to optimize procurement and production decisions.

XCELERATE 2024: Elevating the INVEX Experience

Xcelerate 2024, held in Montreal at Le Centre Sheraton and the Invera offices from May 14-16th, left attendees inspired to elevate their metal service center businesses. Designed to foster learning and connecting, the conference featured 2 days of simultaneous learning sessions with industry leaders from the Invera team sharing the latest INVEX software updates. On Day 3,…

Continue Reading

SteelSummit – Implements INVEX, a Metal Enterprise Software in 12 Months

Murfreesboro, TN – SteelSummit Holdings, a flat rolled metals distributor and processor, has implemented INVEX, a metal service center enterprise software from Invera, in less than 12 months across 5 locations. The implementation was performed by Prodin Business Solutions. SteelSummit (SSH) implemented the full suite of INVEX metal software features for inventory management, steel purchasing,…

Continue Reading

Streamline Your Metal Service Center with INVEX-GO

Dallas, TX –In the dynamic world of metal service centers, staying ahead of customer demands is key. That’s where INVEX-GO, a powerful mobile app designed for the metal industry, comes into play. Simplified Sales Process INVEX-GO offers real-time inventory and customer order information right at your fingertips. Your metal sales team can effortlessly access quotes,…

Continue Reading

Implement Faster With INVEX Learning Resources

Dallas, TX –In today’s rapidly evolving business landscape, having state-of-the-art tools combined with effective on-line training is more than just a luxury – it’s a necessity. The INVEX metal ERP software is complemented by a treasure trove of robust training resources available on our learning management platform (LMS), Invera Education. Implement faster, with a deeper…

Continue Reading

INVEX Metal ERP for Metal and Steel Toll Processing  

Dallas, TX – INVEX, the cloud-based metal industry ERP software announces features specific for metal and steel toll processing companies that process customer-owned inventory. Production processes such as metal and steel coil slitting, de-coiling, and cut-to-length as well as features unique to the billing for toll processing can all be handled quickly and out of…

Continue Reading

INVEX Metal ERP – Announces Vessel Management System 

Dallas, TX – INVEX, the cloud-based metal industry ERP software for metal service centers and metal distribution announces a vessel management system to track material in transit to the final destination. The INVEX function handles the inbound material and any transfers between the point of ownership and the final destination.  INVEX is a premium metal-centric…

Continue Reading

Leave a Comment