"NFE Metal Management" refers to the management of non-ferrous metals in a company. Non-ferrous metals are metals that do not contain iron, such as aluminum, copper, zinc, lead, nickel, and titanium. NFE Metal Management involves the procurement, storage, processing, and distribution of these metals.
Typical functions of software in the "NFE Metal Management" area could include:
Inventory Management: The software enables the management of non-ferrous metal inventory, including monitoring inventory levels, inputs and outputs, and inventory valuations.
Procurement Management: It assists in the procurement of non-ferrous metals through automated ordering processes, supplier management, and price comparisons.
Quality Control: The software allows monitoring the quality of non-ferrous metals through inspections, certifications, and traceability.
Price and Cost Management: It helps track prices, costs, and currency fluctuations of non-ferrous metals to optimize profitability.
Warehouse Management: The software supports organizing and managing storage locations for non-ferrous metals, as well as optimizing inventory and space.
Order Processing: It enables the management of orders for non-ferrous metals, including order capture, processing, and billing.
