Consumers with powerful choice options ,changing tastes and global access, a focus on ever increasing workforce and supply chain productivity, competitive and largely saturated markets with a demand for innovation at ever lower prices are some of the features of this industry. Traditionally, the electronics industry is plagued with the issue of obsolescence of material, since product designs change regularly. "Not even five percent scrap value is assigned to the obsolete material,". "So, the need for inventory and materials management justified the requirement of Base ITM™ ERP Suite." The System comes with some very specific features which help you achieve compressed time-to-market , mass customization while protecting the bottom line. The product also satisfies the twin requirements of the industry - inventory management and need for organized data.Users are also able to perform real-time tracking of material pricing and usage variances.