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Software Functionality Revealed in Detail
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 advantage mrp


Focus on Financials: Comprehensive ERP and Financial Management for a Manufacturing Competitive Advantage
Manufacturers face many challenges with scarce credit, pricing pressures, and increasing costs. Critical to success is a comprehensive enterprise resource

advantage mrp  for a Manufacturing Competitive Advantage Manufacturers face many challenges with scarce credit, pricing pressures, and increasing costs. Critical to success is a comprehensive enterprise resource planning (ERP) solution that aligns operations and production with finance to understand risk, allowing manufacturers to deliver quality products at competitive prices. Discover how to create value and profitability through real-time monitoring of financial conditions.

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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

Documents related to » advantage mrp

PeopleSoft Gathers Manufacturing and SCM Wherewithal Part One: Recent Anouncements


Hiring the former APICS president to head its manufacturing industry efforts a year ago, the high profile acquisition of renowned manufacturing ERP provider J.D. Edwards this summer, and most recently, the acquisition of demand flow and lean manufacturing software solutions from JCIT, might indicate that PeopleSoft has finally gotten its manufacturing creed. Will these moves finally and lastingly establish it as a serious contender in the manufacturing enterprise resource planning (ERP) and supply chain management (SCM) space?

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Dealing with Chaos: 4 Steps to Manufacturing Success


Manufacturing today is fraught with uncertainties in the supply chain due to a variety of global issues, including weather and exchange rates. You can counter supply problems with “safety stock.” But this extra inventory goes against the rules of an efficient lean environment. How can you stay demand driven, without a supply snafu? Find out how an information management system can help forecast your supply chain needs.

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The Essential Supply Chain


Supply Chain Management (SCM) once viewed as a way to obtain a competitive advantage, is now perceived as a logical and necessary extension of Enterprise Resource Planning (ERP). The reasons: First, traditional ERP systems lack the advanced planning tools necessary for companies to respond to an increasingly competitive business environment. Second, advances in computing power and data transmission enable disparate entities to communicate efficiently and at a low cost. Finally, vendors have observed the complementary nature of SCM and ERP and are engaged in consolidation of their product suites.

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FactoryMaster


FactoryMaster is a manufacturing software solution that can help organizations use the latest technology in the planning and day-to-day operation of commercial and production processes, covering all aspects of the business in one package. With knowlege in many divisions of manufacturing, FactoryMaster has built a complete modular system that addresses the issues facing manufacturing organizations in today's marketplace. As FactoryMaster adds new functionality requested by customers to the existing package, it has the advantage of offering one package to all customers, as well as an upgrade path for customers who choose to take maintenance and support. For the aerospace industry, FactoryMaster provides interfaces to most of the major aerospace players (including Exostar, Rolls Royce, and Airbus). These interfaces allow the solution to take direct feeds of sales order schedules and, within minutes, run a material resources planning (MRP) system to forecast and plan all materials and assembly requirements to fulfill these orders. This can provide an immediate response to new orders, and helps ensure that users can get an instant view of where issues concerning delivery timescales may occur. The solution also provides materials traceability, which helps give customers confidence that they can identify the source for any product they sell. For the automotive industry, FactoryMaster has built-in materials traceability so users can instantly see what went into each part and where it came from. This is essential for any organization that wishes to offer a quality service for its products. The system also has interfaces that allow data feeds into and out of the system, which eliminates re-keying and also speeds up the time needed to get information processed. Customers can then use these data feeds to do just-in-time production on daily orders. FactoryMaster has built-in control mechanisms that allow a quality plan to be implemented and tracked. An example of this is the drawing change control mechanism. All drawings are tracked by version numbers and so if a drawing changes, the user can instantly see the impact it may have on all aspects of the system, from quotes to work in progress. By allowing FactoryMaster users to track customer part numbers as well as their own internal part numbers, Factorymaster can instantly react to part number changes without impacting the work that is in progress. FactoryMaster also offers functionality for electronics manufacturers. The system allows large bills of material (BOMs), as well as sub-assemblies as part of this. This can allow flexibility in the way systems are constructed, with the use of third-party supplier parts being added into the bills of material. There are also functionalities that allow users to add extra information into the BOMs, such as circuit references. Traceability of the components is also an integral aspect, which gives an ideal trace for warranty claims and supplier rejects. With superior stock control using minimum or maximum stock levels, customers can have confidence that components will always be available. To back this up, the solution provides the MRP capability that can give users recommendations about what needs to be ordered and when it needs to be ordered, to fulfil any outstanding requirements.  

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Expert’s Guide to Successful MRP Projects


To succeed in their tasks, planners and schedulers rely on materials resource planning (MRP) software to make recommendations and send signals. To make meaningful suggestions, MRP requires a steady diet of accurate, relevant, and timely data. This guide breaks down two critical MRP project success factors: 1) tips to select the right MRP software, and 2) best practices to extract meaningful value from MRP solutions.

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Predictive Analytics for Business Advantage: TDWI Best Practices Report


Predictive analytics is fast becoming a decisive advantage for achieving a range of desired business outcomes, including higher customer profitability, stickier websites, and more efficient and effective operations. Predictive analytics involves methods and technologies for organizations to spot patterns and trends in data, test large numbers of variables, develop and score models, and mine data for unexpected insights. This report from TDWI examines users’ drivers, experiences, and best practices for improving business advantage with predictive analytics.

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The Collaboration Advantage: Customer-focused Partnerships in a Global Market


Survey data shows that companies want to improve their strategic business partnerships. Reflecting on lessons learned from past business relationships, 60 percent of respondents say that in future they’ll place more emphasis on developing personal relationships and setting expectations with business partners. Find out how these companies are creating collaborative networks that include business partners and consumers.

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Customer Analytics: A Powerful Source of Competitive Advantage for Midsize Organizations


Completing the customer picture today involves collecting and assembling data from multiple sources, including traditional sources such as transactions and surveys, as well as customer sentiments and other information that can be uncovered in comments made on social media channels. An effective customer analytics strategy enables businesses to integrate these insights to increase customer lifetime value, reduce turnover, and conduct more precise targeting and segmentation.

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Partners in Rhyme: Competitive Advantage through PRM Applications


Today, visionary companies focus on building service and product platforms, and allowing third parties to add creativity, choice, and differentiation. Organizations should create channel strategies that integrate partner resources into an internal sales and marketing system. Partner relationship management (PRM) facilitates mutually beneficial partner relationships with definitive performance metrics. Learn more.

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Pull vs Push: a Discussion of Lean, JIT, Flow, and Traditional MRP Part Two: Challenges and User Recommendations


While lean/flow leverages practices to stay ahead of actual demand, traditional approaches better coordinate secondary, back-office systems like accounting and HR. Moreover, flow should be a company-wide strategy that impacts more than manufacturing.

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