Scalable's Commodity (Raw Material) Procurement for Manufacturing: The Purchase Order may not be the first phase of the Supply Chain, but the acquisition of Raw Materials by negotiated contract. The availability of the commodities from these contracts has a direct impact on production, but in many cases is not visible to Production Scheduling.
Unlike stand-alone Commodity Trading systems, or in-house systems using dozens of spread sheets, Scalable's Commodity Procurement for Manufacturing solution is tightly integrated with the Microsoft Dynamics AX manufacturing process through the MRP modules to ensure maximum efficiency. This helps prevent delays in the production schedule and allows Manufacturers to adopt just-in-time (kanban) production strategies.
Manufacturers can hedge futures and foreign exchange contracts to minimise the effect of volatility of raw materials pricing. Details of these hedged contracts are also available inside of Dynamics AX and help improve overall financial reporting.