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Let the (Excess) Inventory Flow!
Because companies focus primarily on new product development and promotion, the problem of excess and obsolete inventory, once addressed, often leads to both

consignment inventory control  due to volume-based discounts, consignment inventories, returned goods, and so on. To rub salt into the wound, excess active inventory is arguably the most difficult life cycle category to get rid of. If it is still on the original equipment manufacturing (OEM) company's price list, it is often contractually price-protected, and creating channel conflict by selling off discounted inventory to competing wholesalers is categorically not an option. In addition to the price protection that precludes the use Read More...
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The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » consignment inventory control


Enterprise Resource Planning Vendors Address Lean Manufacturing
Intentia, Fujitsu Glovia, QAD, and SSA Global's solutions supporting lean manufacturing are examined. Which areas the extended enterprise resource planning (ERP

consignment inventory control  used with QAD's Inventory Consignment functionality, which allows inventory ownership to be recognized at the point of consumption with suppliers or customers. This makes processing less costly because inventory is received from suppliers as consigned goods, without actual transfer of title. The supplier maintains the consigned goods as finished goods inventory until a notice is generated that the inventory has been used. When a customer does not take title to material until it is actually used in Read More...
Margin Squeeze and Globalization in the Food and Beverage Industry
In the food and beverage industry, the channel master makes final volume decisions and mostly controls the unit price, with the manufacturer having limited

consignment inventory control  is sub-standard and the consignment is rejected, the food distributor has the prospect of replacing, re-labeling and disposing the product on a secondary market, which is almost surely a losing proposition. Part Three of the series Food and Beverage Delights. For background and a definition of the industry see Food and Beverage Delights . For information about trends in the sector, see Food and Beverage Industry Trends and Issues . The situation is not much mitigated when it comes to the food service Read More...
Can ERP Meet Your eBusiness Needs? Part Two: ERP is the Foundation
As a result of this push towards full eBusiness integration, businesses face challenges that force them to push the envelope of business information systems

consignment inventory control  consumption vendor managed inventory consignment inventory self billing procedures credit card purchases traditional payment methods electronic funds transfer EDI Electronic Commerce Internet Enablement As a result of this push towards full eBusiness integration, businesses face challenges that force them to push the envelope of business information systems. ERP grew from its predecessors of MRP and MRP II, constantly expanding its solution footprint to address more and more of the needs of the Read More...
One Product for Large and Small Manufacturers: Challenges and User Recommendations
A solid product aside, good may be just too good for IQMS. Potential customers may shy away because its well-rounded solution may seem more appropriate for the

consignment inventory control  appliance manufacturers will appreciate consignment inventory management including remote location visibility via Web-based tools, including stocking level management and invoicing on consumption, and usage reporting. Still, in these sectors, IQMS does not have the status of incumbent as it does in the plastics, and will face fierce competition from a slew of competitors of all sizes with much higher visibility, global presence, and resources. Its mid-market competitors include QAD , Infor Global Read More...
Case Study: Rowmark LLC Doubles in Size while Reducing Inventory and Customer Service
A few years ago, the top customer complaint for plastics provider Rowmark was shipping errors. For several reasons, customers weren’t receiving what they

consignment inventory control  Study: Rowmark LLC Doubles in Size while Reducing Inventory and Customer Service A few years ago, the top customer complaint for plastics provider Rowmark was shipping errors. For several reasons, customers weren’t receiving what they ordered. Problems were traced back to handwritten inventory labels, and manual counting and checking of orders. Learn how the company upgraded the system it already had by adding bar code labels and scanning, as well as other electronic data interchange (EDI) Read More...
SAP to Acquire Inventory Optimization Vendor SmartOps
SAP announced on Friday evening its intention to (finally) acquire SmartOps, a move much anticipated for some time. The most enduring mystery about this is not

consignment inventory control  to Acquire Inventory Optimization Vendor SmartOps SAP  announced on Friday evening its intention to (finally) acquire SmartOps , a move much anticipated for some time. The most enduring mystery about this is not that it happened, or why, but why SAP waited so long to make the move. SmartOps had established a leading position in the inventory optimization space, and had obviously formed a very close relationship with SAP, who realized long ago that SmartOps fulfilled a very real supplementary inventory Read More...
Lean Inventory by the Numbers
Getting lean is not a simple task; it requires an aggressive, iterative approach to examine complex tradeoffs. And given the number of variables that

consignment inventory control  Inventory by the Numbers Getting lean is not a simple task; it requires an aggressive, iterative approach to examine complex tradeoffs. And given the number of variables that characterize a distribution center (DC) and its constituent stock keeping units (SKUs), performing this type of analysis without using the right tools can be daunting—if not impossible. Find out how a tool-based approach can make getting lean easier. Read More...
CORTEC Fluid Control Finds
In researching a new system, CORTEC considered five ERP products, but selected Infor ERP VISUAL for several reasons. CORTEC serves oil and gas production

consignment inventory control  infor visual, infor ERP, visual south, Read More...
10 Tips for Building a Real-time Weight Control System
It can be a real problem keeping prices competitive when manufacturing costs are soaring. Over-pack and giveaway can be a huge drain on company profits. However

consignment inventory control   Read More...
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

consignment inventory control  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...
IP Devices Promise the Future of Data Center Control and Management
The need for secure remote management tops network administrators’ “to do” lists. Until now, this was cost-prohibitive for all but the largest data centers

consignment inventory control   Read More...
Inventory Reduction: Effectively Turning Excess Into Cash
In virtually all manufacturing companies, there is a direct correlation between inventory levels and overall business performance. In fact, CEO's and CFO's

consignment inventory control  Reduction: Effectively Turning Excess Into Cash Introduction In virtually all manufacturing companies, there is a direct correlation between inventory levels and overall business performance. According to Harold Geneen, the legendary financial genius and former chairman of ITT, all the problems of business end up in inventory. Most knowledgeable executives would agree with Geneen. In fact, CEO's and CFO's believe that their companies consistently carry 25 to 40 percent or more inventory than is Read More...
Warehouse Control Systems: Orchestrating Warehouse Efficiency
You’re probably already familiar with the role of a warehouse management system (WMS). But a warehouse control system (WCS)? In your warehouse, a WCS can play

consignment inventory control   Read More...
Inventory Management Report: Driving the Fastest ROI for the Mid-market
Large enterprises have different warehouse management and inventory management needs than do small and mid-market companies. Find out about the key factors to

consignment inventory control  Management Report: Driving the Fastest ROI for the Mid-market Large enterprises have different warehouse management and inventory management needs than do small and mid-market companies. Find out about the key factors to success for mid-market companies, identify big-picture trends and needs that can help you overcome barriers to enjoy inventory management as a true strategic advantage—and learn about an inventory management solution specially designed for the mid-market. Read More...

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