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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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 abc inventory classification system


How Inventory Optimization Can Increase Your Profitability
One of the largest expenses for distributors and wholesalers is stock. Many have difficulty finding the perfect balance between ensuring products are available

abc inventory classification system  product based on traditional ABC classification. It also contains a movability code, which defines the throughput time from slow-movers to non-movers. This provides a stable basis for a sophisticated solution that can cope with the various parameters for each stock item. For example, to lower stock levels for some segments and to minimize procurement and reception processes for others. This two-dimensional matrix provides an accurate segmentation of the 40,000 stock items and supports accurate purchasing

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Point of Sale (POS) Systems

A point of sale (POS) system helps retailers automate transactions. POS solutions are used in retail stores where sales associates must enter sales, refunds, layaways, transfers, etc. TEC's model of POS systems facilitates the selection process with research on vendors that support inventory management, register management, price management, transaction management, and other capabilities.  

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The Name and Ownership Change Roulette Wheel for Marcam Stops at SSA Global Part Four: What SSA Global Gets


The acquired company, although constantly morphing from Marcam to IPS back to Marcam, has a good track record and a heritage of selling solutions to manage divisional or autonomous plant sites within selected process industries.

abc inventory classification system  cost, using activity-based costing (ABC) principles. Other Protean Strengths Also a landmark strength of the product is its process industries-oriented purchasing and inventory management, since users can track inventory by special characteristics down to the lot and sublot level throughout the life cycle of the product, even for recyclable materials. Moreover, not many peer products will offer an inventory inquiry capability that allows users to locate data at such a granular levels, as lots and sublots Read More

Optiant Going to a (Much) Better Place: Logility - Part 1


The mergers and acquisition (M@A) market seems to be coming back slowly. One evidence of this could be the late-March acquisition of long-struggling inventory optimization (IO) provider Optiant by long well-performing supply chain management (SCM) provider Logility. Now, I certainly wasn’t surprised by Optiant’s acquisition per se. After all, it was only a matter of time

abc inventory classification system  as by the item’s  ABC classification (the Pareto principle ), customer, region, etc. and graphically compare the results of the simulations in terms of safety stock inventory investment and inventory holding cost. However, these native IO capabilities were limited to only single-level  bills of materials (BOMs) , although the upcoming Voyager 8.0 release will feature the native capability to handle multiple-level BOMs. The difference Optiant that brings is the ability to optimize through both Read More

Invensys Production Solutions - Can Historic Strengths And The 'Protean Boost' Overcome Its Liabilities?


Invensys has created a new group within its Production Management Division called Invensys Production Solutions. The group includes the PRISM and Protean process ERP products plus the resources of Invensys Validation Services group. While the unit should have much strength, it also has certain liabilities that must be addressed.

abc inventory classification system  cost, using activity-based costing (ABC) principles. Also a landmark strength of the product is its process industries-oriented purchasing and inventory management, since users can track inventory by special characteristics down to the lot and sub-lot level throughout the life cycle of the product, even for recyclable materials. Also, not many peer products will offer an inventory inquiry capability that allows users to locate data at such a granular levels, as lots and sub-lots can be recorded and Read More

Evaluating Enterprise Software - Business Process or Feature/Function-Based Approach? All the above, Perhaps? Part Two


There is certainly room to ask the fundamental question of whether the traditional practice of RFI/RFP-based selection processes has been adequate for the task of selecting complex systems. The record indicates there is much room for improvement. In essence, for complex selections like in the case of enterprise applications, the human-machine combination has to work together to drive the solution.

abc inventory classification system  manner similar to the ABC classification method of managing inventory. Namely, while the stringent attention (e.g., more frequent cycle counting, economic order quantities (EOQ), or appropriately higher safety stock levels) should be paid to the critical, show-stopping A items, some sort of less stringent attention should be applied to the B and C items (e.g., statistical inventory control [SIC], backflushing, etc.). Still, these need to be controlled accordingly, since, at the end of the day, an Read More

Transforming Inventory Into a Strategic Weapon


If you prefer the more productive, long-term approach, check out Transforming Inventory into a Strategic Weapon.

abc inventory classification system  Inventory Into a Strategic Weapon You can view inventory optimization as a one-time fix for quick returns, or a long-term strategy for competitive advantage. If you prefer the more productive, long-term approach, check out Transforming Inventory into a Strategic Weapon . In this practical guide , you'll learn how best-in-class companies create an ongoing competitive edge by aligning their day-to-day inventory plans with top-level corporate goals. You'll discover how to define the right supply Read More

How to Choose a Manufacturing System


If you’ve worked for more than one manufacturing company, you know that each one is different. Different processes, systems, problems—all these variations mean you need a system tailored to your needs. And with so many available solutions, you could spend months looking at demos, and still not find it. However, you can start by asking yourself eight simple questions.

abc inventory classification system  to Choose a Manufacturing System How to Choose a Mamanufacturing System If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Sage provides business software, services and support to small and medium sized businesses. Whilst our heritage is in the small business market we also have the experience and expertise to meet the needs of specific industries and larger organisations. Source : Sage Resources Related to Manufacturing System : Read More

How to Optimize Your Inventory and Free Your Capital


Inventory optimization enables companies to improve the performance of both the supply and maintenance functions. Your inventory optimization solution should not only identify optimal holdings of each item, but do so automatically—and analyze usage, as well as adjust stock holdings and reordering points on an ongoing basis. Find out how inventory optimization can help you reduce downtime and increase productivity.

abc inventory classification system  to Optimize Your Inventory and Free Your Capital Inventory optimization enables companies to improve the performance of both the supply and maintenance functions. Your inventory optimization solution should not only identify optimal holdings of each item, but do so automatically—and analyze usage, as well as adjust stock holdings and reordering points on an ongoing basis. Find out how inventory optimization can help you reduce downtime and increase productivity. Read More

Effective Inventory Analysis


For many distributors, inventory is the largest and perhaps the most important asset. Inventory ties up more money than buildings or equipment, and is often less “liquid.” It is crucial, then, that distributors develop and use a comprehensive set of tools that allows close monitoring of the performance of inventory investments. Read more about simple measurements that can help you maximize your investment in inventory.

abc inventory classification system  Inventory Analysis For many distributors, inventory is the largest and perhaps the most important asset. Inventory ties up more money than buildings or equipment, and is often less “liquid.” It is crucial, then, that distributors develop and use a comprehensive set of tools that allows close monitoring of the performance of inventory investments. Read more about simple measurements that can help you maximize your investment in inventory. Read More

Inventory Pro: Efficient Inventory Management Solution




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10 Golden Rules for Choosing an ERP System


10 Golden Rules for Choosing an ERP System can help you keep your selection project on time and on budget.

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Better Inventory Management: Big Challenges, Big Data, Emerging Solutions


Effective inventory control and management is a vital function to help insure the continued success of distribution and manufacturing and companies. Learn about new, flexible, and more refined tools that provide for dynamic optimization of inventories to maximize customer service, throughput, and market share, while decreasing inventory investment and lowering costs.

abc inventory classification system  Inventory Management: Big Challenges, Big Data, Emerging Solutions Effective inventory control and management is a vital function to help insure the continued success of distribution and manufacturing and companies. Learn about new, flexible, and more refined tools that provide for dynamic optimization of inventories to maximize customer service, throughput, and market share, while decreasing inventory investment and lowering costs. Read More

Corporate System Solutions Inc.


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9 Important Business Phone System Buyer Questions


In 9 Important Business Phone System Buyer Questions, you'll find the key questions to help you get the right business phone system at the best possible price.

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Six Steps to Effective Inventory Management


You can take two approaches to inventory management: assume it’s a necessary evil and implement an inventory reduction program when cash gets tight, or put an active inventory management process in place, and continually improve the business results. Learn how to view inventory as cash that can be invested in other ways: move from reactive inventory management to lean and active inventory management in six easy steps.

abc inventory classification system  Steps to Effective Inventory Management You can take two approaches to inventory management: assume it’s a necessary evil and implement an inventory reduction program when cash gets tight, or put an active inventory management process in place, and continually improve the business results. Learn how to view inventory as cash that can be invested in other ways: move from reactive inventory management to lean and active inventory management in six easy steps. Read More