Case Study: Wolverine Advanced Materials achieves 100% accurate consignment inventory tracking with Plex Systems

Wolverine Advanced Materials reduces audit time from 8 hours to under 1 hour with Plex Systems

Wolverine Advanced Materials, a global supplier of automotive vibration damping and sealing materials, faced a challenge managing consignment inventory stored at a partner warehouse in Asia for its customers. The company needed to track and maintain ownership of this inventory until it was sold, which risked becoming a manual, error-prone process. To address this, Wolverine turned to its existing vendor, Plex Systems, to leverage the customer consignment function within the Plex Smart Manufacturing Platform ERP.

Plex Systems implemented its integrated consignment inventory module, enabling real-time tracking of in-transit stock and automatic invoice generation upon customer consumption. This solution provided 100 percent accuracy in inventory tracking across Wolverine, its warehouse partner, and end customers. The measurable results included reducing audit times from eight hours to less than one hour per month and eliminating manual spreadsheet exchanges, while also strengthening partner relationships through shared visibility.

Wolverine Advanced Materials