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

Wolverine Tracks Consignment Inventory With 100 Percent Accuracy, Reduces Audit Time

Wolverine Advanced Materials, a Dearborn, MI–based supplier of vibration damping and sealing materials, partnered with a warehousing company in Asia and faced a consignment-inventory challenge: inventory would sit in the partner’s warehouse but remain Wolverine’s property until used, requiring real-time traceability and invoicing tied to customer consumption—capabilities many ERPs struggle to provide.

By leveraging and customizing the Plex Smart Manufacturing Platform’s consignment function (launched in two months), Wolverine can flag and trace shipped-but-unsold inventory and automatically integrate inventory with sales, shipping, AR, and scheduling so invoices are created at time of usage using the price valid at that moment. The result: 100% accurate physical inventory tracking across parties, audit time cut from eight hours to less than one hour per month, elimination of manual spreadsheet processes, clearer cost-of-sales and cash-flow visibility, and stronger partner and customer relationships.

Wolverine Advanced Materials

Theresa Gemus

Manager of Business Applications