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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

example of inventory articles  by the organization. An example of obsolete inventory would be inventory that has been superseded by a new model or otherwise made obsolescent, and thus will never be used or sold at full value. While on the one hand disposing of such inventory may reduce a company's profit, on the other hand, a company that defers the liquidation process to a once every several months, crisis-like dumping is virtually throwing money away. Figure 1 : Time-based product price erosion, FreeFlow Obsolete inventory is the Read More
Process Manufacturing (ERP)
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...
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Documents related to » example of inventory articles


State of the Market: HR
More than ever, executives are looking to transform human resources (HR) from a seemingly low-priority function into a strategic part of the business. This

example of inventory articles  their HR operations. One example is payroll management. Many SMBs rely on third-party providers to manage their payroll. In addition, more and more companies are approaching third-party providers to take on other HR functionality as well. It has become an increasingly popular way to improve basic services while allowing HR professionals time to play a more strategic role in their organizations. On the flip side, while HR is important to executives, many are afraid to transition away from their on-premise Read More
A Matter of Trust
When important information is withheld, it leads to enormous inefficiencies or even disasters in the supply chain. Trust is needed to streamline decision making

example of inventory articles  ), are a good example. Instead of sharing range forecasts, companies express future demand via structured contract terms like minimum firm commitments, lead times guarantees with different pricing for different lead times, capacity guarantees for upside flex at a higher price, etc. Escrow Account —At least one company had success with another creative approach; establishing an escrow account that is used if either party violates the agreement. The money is then reinvested in the relationship to fix the Read More
19 Steps to Maintain an Accurate Inventory What You Must Know About Your Inventory
It takes $2,500 in new sales to make up $100 in lost inventory, assuming a 4 percent return. Keeping an orderly warehouse with up-to-date processes and informed

example of inventory articles  total item count. For example, if you have 1 million dollars of inventory and your total dollar variance amount is 50k, it may seem acceptable because your variance is only 5 percent. However, if your 1 million dollars of inventory consist of 10k SKUs and of those 10k, 4k have a variance, your inventory is actually only 60 percent accurate. Is that acceptable to your customers? That could mean four out of ten times a picker goes to a location the product is not there. Is that acceptable to you? More Read More
Less Stock, More Profit: Inventory Optimization
Inventory optimization is the area where most enterprise resource planning (ERP) software implementations get the highest and fastest return on investment (ROI)

example of inventory articles  calculation. This is another example of how IBS inventory optimization can save time and money for an organization. IBS Demand Planning works in an adaptable, graphical and operational workbench that gives excellent visibility and efficiency. It is very easy to work with and can quickly allow users to update, delegate and review the figures. IBS has built-in authority handling so that the same figures are shown in different hierarchies. For example, the sales manager might want to see the demand/forecast Read More
Forecasting Total Cost of Ownership for Initial Deployments of Server Blades
For organizations deploying many servers, total cost of ownership (TCO) analyses favor blade over rack-optimized systems. Blade server systems—reducing both

example of inventory articles  Total Cost of Ownership for Initial Deployments of Server Blades For organizations deploying many servers, total cost of ownership (TCO) analyses favor blade over rack-optimized systems. Blade server systems—reducing both capital and operating expenses—exploit economies of scale when deploying servers in volume. Saving power, cooling, and space by more than 25 percent, the blade advantage is particularly relevant for servers working in conjunction with storage area networks (SANs). Read More
AKG of America
AKG of America needed an open system based on industry standards, and one that was packaged, not custom developed. AKG also needed a system with enough

example of inventory articles  of America AKG of America needed an open system based on industry standards, and one that was packaged, not custom developed. AKG also needed a system with enough flexibility to sustain growth. Find out why AKG chose Infor Visual. Read More
Active RFID Solutions for Asset Tracking and Inventory Management
Radio frequency identification (RFID) technology is fast replacing ScanCode technology in asset tracking and inventory management. Traditionally, asset tracking

example of inventory articles  RFID Solutions for Asset Tracking and Inventory Management Radio frequency identification (RFID) technology is fast replacing ScanCode technology in asset tracking and inventory management. Traditionally, asset tracking and inventory management in retail supply chain or manufacturing or service units depended heavily on manual scanning of bar code printed on each item at every strategic point. This white paper focuses on details of RFID technology and how you can automate asset tracking and Read More
Customer Success Story: University of Maryland School of Medicine
The University of Maryland School of Medicine had already experienced VMware technology as a way to consolidate its servers; what it didn’t realize was that the

example of inventory articles  Success Story: University of Maryland School of Medicine The University of Maryland School of Medicine had already experienced VMware technology as a way to consolidate its servers; what it didn’t realize was that the company’s solution could also address its disaster recovery needs. By combining two storage technologies—creating a common storage area network (SAN)—the school has reduced unexpected downtime from hours to seconds and has saved thousands of dollars in hardware costs. Read More
The Art Of Distributed Development Of Multi-Lingual Three-Tier Internet Applications
In this article we describe author's experience with the distributed development of multi-lingual three-tier Java/ CORBA/database Internet applications. We

example of inventory articles  a web server. An example of such an application is the quotation of currency exchange rates. The user selects desired currencies and a branch of bank on a query input form and submits the query. The web server accepts the query, processes it, and returns the response back to the user's browser. Depending on the particular application, the web server may consult with a CORBA application server and/or a database server. The response is returned in the user's language of choice (German, French, Italian, or Read More
In Search of Clarity: Unraveling the Complexities of Executive Decision Making
Decision making is at the core of all business activity, as executives set strategy and manage operations by weighing a vast array of factors to arrive at the

example of inventory articles  organisational behaviour, cited the example of a US firm’s Chinese subsidiary in which managers formally comply with an appraisal-based annual bonus system but construct the appraisal profiles retrospectively to fit decisions about bonuses made on different criteria. At a more strategic levels, differing cultural biases can impede important strategic discussions. Mr Becker, for example, notes that ABB’s policy of reviewing, and sometimes correcting, key decisions in the light of changing Read More
Inventory Planning & Optimization: Extending Your ERP System Part Three: Business Case for Inventory Optimization Solutions
Inventory Optimization software recognizes that different industries have different inventory profiles and requirements. Research has indicated that solutions

example of inventory articles  Optimization across multiple tiers Example of Applications JustEnough, i2, Servigistics Manugistics, Non-Stop, JustEnough, i2, SAP APO, JD Edwards /E3 i2, JustEnough, Optiant, SAP APO, Manugistics Figure 5 shows how different inventory profiles have different requirements. This is Part Three of a three-part note. Part One contained and Executive Summary and presented ERP Systems Today. Part Two discussed the Inventory Planning & Optimization Solution. The Bottom Line The following quadrant outlines the Read More
The Future of Talent Management: Underlying Drivers of Change
The next generation of talent management practices and solutions will largely be driven by economic evolution, demographic changes, and technology advancements.

example of inventory articles  Future of Talent Management: Underlying Drivers of Change The next generation of talent management practices and solutions will largely be driven by economic evolution, demographic changes, and technology advancements. These factors are dramatically influencing the way people work, the way companies are organized, and the way talent is managed. This paper explores how current business and talent management processes and technology must evolve in order to effectively deliver business value in the next 5 Read More

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