Newman Technology: 25% Inventory Cost Reduction with 98% Accuracy

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Newman Technology: 25% Inventory Cost Reduction with 98% Accuracy

Case study showing how Newman Technology replaced paper-based processes with Plex Cloud ERP to cut inventory costs 25%, reach 98% accuracy, and halve purchase order time.

Published

June 4, 2026

Read time

3 min read

Source

Newman Technology, an automotive supplier with four facilities and 700+ employees, implemented Plex Cloud ERP to eliminate manual spreadsheets and paper purchase orders. The system automated kanban, EDI, supplier portals, and pay-on-receipt processes, improving demand visibility, inventory turns, and cross-company traceability. Results include 50% faster purchase orders, 20 inventory turns per month, and ISO-compliant document control.

Key takeaways

Inventory accuracy rose to 98% after replacing paper tracking with real-time system data

Inventory carrying costs fell 25% while monthly turns increased from 12 to 20

Purchase order cycle time was cut by 50% through automated releases and EDI

Suppliers gained portal access for labeling, forecasts, and pay-on-receipt triggers

Paperless processes improved ISO compliance and reduced manual document updates across four sites

Market overview

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