The Practical Realities of Automating ETO Business Processes

Today, engineer-to-order (ETO) manufacturers—also known as project-based manufacturers—experience significant market pressure across their sales, engineering and manufacturing groups as they strive to win business and streamline end-to-end processes. But by capturing engineering knowledge and using it to automate key business processes, manufacturers can increase sales bid and win rates, decrease internal operating expenses, and shorten lead times.

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A Buyer’s Guide to Business Management Software for Media and Publishing Companies

This document from NetSuite, A Buyer’s Guide to Business Management Software for Media and Publishing Companies, gives an in-depth look at the six most important goals for media and publishing companies when considering how to evaluate business management systems.

Many publishing and media companies are finding it a challenge these days to meet consumers’ desire to have content accessible on any device at any time, including on the Web, on smartphones or tablets, or in a printed publication, in a cost-effective way. With decreasing revenues from subscriptions and advertising, media companies can’t afford to be investing in strategies resulting in a financial loss. They need to be nimble enough to be able to quickly adapt to changing market realities, and have access to data that can help them in their decision-making processes.

How can publishers and media firms get the necessary data to make the best and most cost-effective decisions regarding their content? Ensuring you have the best-fit business management system is key. Read this buyer’s guide to discover what goals need to be met in your final enterprise management software selection, and use the handy evaluation worksheet during your selection process to easily check if the necessary functionality criteria to meet these goals are being met.  Read More

Wholesale Banking: Challenges in Automating Commercial Credit Risk Management

  • Source: IBM
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The challenges associated with commercial credit are complicated, but through automation, commercial credit risk management can be made straightforward and more efficient. IBM’s Business Analytics for commercial banking can help improve commercial lending operations, and, along with strong risk management practices and modernized operations, can create best practices for implementation and enhance overall operational effectiveness.

It’s essential that an automated system is transparent, helps with compliance, can serve multiple relationship types, and is able to use several criteria for risk assessment. A good system should take into consideration the complexities between customer, loan, and approval processes, and limit the need for multiple individual systems by way of a single user interface or tightly integrated systems.

In this white paper, read a detailed overview from IBM Business Analytics about the advantages and potential challenges of automation in five areas of interest, including complexity of the customer and credit granted, as well as continuous risk monitoring and how to improve overall relationship management. Get details on the management and analysis of commercial portfolios and related documents, business intelligence reporting, and defaults/recoveries management. Also provided is an extensive point-form information checklist, allowing you to self-check your own organization to determine what areas may need attention. Security issues for data protection are also addressed.

Creating infrastructure for your organization for best success begins with choosing the best technologies, and IBM Business Analytics can help, improving profitability and providing solutions that allow your business goals to be realized.  Read More

Credit Risk Management: Collateral, Covenants and Risk Review

  • Source: IBM
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If your organization is still managing credit risk manually, you could be leaving your company open to experience significant losses and complications that can harm its financial well-being. Multiple systems, piles of paper, inconsistent or out of date information- all could end up costing your company dearly. Today, the best way to ensure that credit risk is being appropriately monitored and managed is with the adoption of an automated system. With the implementation of an automated system, accuracy of data and efficiency of execution are significantly improved, and risk is monitored in a superior and more effective manner.

In this white paper, IBM highlights the benefits that an automated system for credit risk management can bring to your organization, including a reduction of human error on multiple levels, a marked increase in compliance, the capability to quickly track a data trail, and the capacity to effortlessly update and upgrade across multiple accounts and systems. Automation means valuations are up to the minute, and that transparency is increased. Document imaging, data entry, and automated workflow can resolve many problems previously encountered with manual procedures.

IBM’s Business Analytics offers a comprehensive 5-point action plan involving the importance of automating collateral processes, how to consolidate diverse systems and data, the benefits of automating collateral and covenant monitoring to reduce risk with the latest available information, and how automation supports release processes for minimized risk. Credit risk management can be modernized and refined as a result of changing towards an automated system. Read More

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Epicor ERP Software System (v. 9.05) for ETO Manufacturers ERP Certification Report

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  • Published: April 29 2011
Epicor ERP Software System (v. 9.05) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for engineer-to-order (ETO) manufacturers in the ERP Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More

Selecting ERP Software for Engineer-to-order (ETO) Manufacturers

With more repetitive manufacturing moving offshore, North American manufacturers have had to develop their roles as complex manufacturers supporting both local and global markets with sophisticated products and manufacturing processes to meet the unique needs of their clients. Learn how this kind of engineer-to-order (ETO) manufacturing requires specialized enterprise resource planning (ERP) functionality. Read More

Scheduling Resource Demand in a Concurrent Engineering Environment

Manufacturers of capital equipment and highly engineered products face design, production, and delivery obstacles. The most challenging of these activities is scheduling projects and resource demand in a concurrent engineering environment. Learn about a resource scheduling tool that can allow you to put demand on materials, work-centers, and labor as soon as it is known—so you can deliver projects on time and on budget. Read More
 
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