Part 1: Recent Developments
Event Summary
On September 26, as a result of partnering with its build-to-order, discrete manufacturing and maintenance organization customers, Relevant Business Systems, (www.relevant.com) a privately held ERP vendor for small to medium discrete complex manufacturing companies, has enhanced its INFIMACS II ERP Business Planning module by providing all of the functions required to prepare forecasts for products, create master production schedules (MPS) and evaluate the impact of the MPS on company resources, using rough-cut capacity planning (RCCP). Several MPS runs may be executed and saved without impacting the rest of the database, allowing users to consider alternatives, review what-if impacts and select the most appropriate production plan.
According to the company, INFIMACS II Business Planning also provides a sophisticated resource requirements planning (RRP) tool. Manufacturing resources, such as parts, labor, machine time, cash flow and maintenance hours, can be identified and entered into the system. To check capacity constraints, INFIMACS II compares this resource plan with the production plan to illustrate the projected load that a given MPS will place on the organization. If this rough cut indicates that resources do not exist to meet the MPS being tested, the user may fine-tune the MPS to bring the available resources into balance with production demands.
Furthermore, production planning can incorporate multiple forecasts, such as marketing and sales, spares and statistical trends, to streamline the process of moving from department forecasts to an overall production forecast. For increased flexibility, demand forecasts can be entered manually or developed by the system based on the statistical analysis of a part's usage history. When developed statistically, the user can specify whether the forecast anticipates actual demand level by period or a set monthly rate. In either case, the user defines a review horizon and time increment.
This is the last of a slew of enhancements Relevant has introduced to its flagship INFIMACS (Integrated Financial & Manufacturing Control System) product in the period over the last 12 months.
Note: This is Part One of a two-part note on developments at Relevant Business Systems. Part Two will discuss the Market Impact and make User Recommendations.
Recent Product Enhancements
Unlike with most applications vendors, Relevant has not consolidated the product enhancements into a formal major product release schedule. Instead, as new functionality is added to the product, customers have immediate access to the upgrades. Some of more notable recent product enhancements are:
Partnerships
Concurrently with the above in-house product enhancements, Relevant has been forming partnerships with complementary solution providers, the most prominent been:
Other Product Initiatives
Last but not least, in order to attract many small-to-medium enterprises (SMEs) that do not have the technological infrastructure, such as ERP systems, to electronically communicate and integrate with their customers and suppliers, the company has also introduced INFIMACS ADvantage Entry Level ERP system. INFIMACS ADvantage provides the immediate basic needs for up to 24 users at build-to-order (BTO), engineer-to-order (ETO), and contract manufacturers. It also offers a growth path for future upgrades and expansion to INFIMACS II, as, according to the company, large manufacturers using INFIMACS II rely on the same, basic functionalities in a core set of 12 modules over 80% of the time.
Another initiative aimed especially at smaller contract, ETO, and CTO manufacturers, as well as MRO shops, is Relevant Business Systems' new hosted, on-line iEnterpriseASP (Application Service Provider) that allows INFIMACS II ERP to be used on a pay-as-you-go basis. Leveraging Citrix Metaframe, the iEnterpriseASP full INFIMACS II ERP can be customized for manufacturers requiring special needs. The company hopes the lease-to-own option would be very attractive to customers that might want to bring the system in-house after the contract period.
This concludes Part One of a two-part Event Note. Part Two will discuss the Market Impact and make Users Recommendations.