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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

excess manufacturing inventory  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 of any form of broker liquidation, potential channel conflict restricts wholesale and Read More...
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Documents related to » excess manufacturing inventory


Coordinating Outsourced Manufacturing: A Win-win Proposition for Both Sides of Manufacturing Partnerships
Managing the demands of constant change is one of the biggest challenges facing the electronics manufacturing services (EMS) industry today. Collaboration

excess manufacturing inventory  procedures, such as the excess and obsolete (E&O) inventory claim process the company uses with key EMS providers. To support this, Lucent added its Global Inventory and Liability Reporting (GILR) tool and a Sell What We Have (SWWH) solution. Our GILR tool takes something that is very, very data intensive'analyzing the claims coming back from EMS providers'which formerly took many man-hours and often weeks to do, and uses the intensive analytics of RapidResponse to complete it in hours, Sforza says. Read More...
The Seven Keys to World-class Manufacturing
What does it mean to be a world-class competitor? It means being successful in your market against any competition@regardless of size or country of origin. It

excess manufacturing inventory  busy work that creates excess inventory and longer lead-times. Shop floor measurements must encourage overall performance-shipping orders on time at minimal total cost and minimal total cycle times. Performing manual transactions often slows down the supply chain and adds to lead time. Reporting transactions at each operation or creating a paper purchase order before suppliers work on a component are just two examples. In addition, manual transaction reporting often introduces errors and impacts work Read More...
Demand-driven Planning in Manufacturing
Cover-time planning (CTP) is a

excess manufacturing inventory  demand, resulting in building excess finished inventory, while in a flow/lean/ just in time (JIT) environment, orders are conversely pulled through the process, based on actual demand. Part two of the Demand-driven versus Traditional Manufacturing Requirements Planning series. In contrast, rather than emphasize planning such as ERP, lean manufacturing and JIT concepts, emphasize the continuous improvement of processes. For example, it emphasizes processes that lead to reduced inventory throughout the 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

excess manufacturing inventory  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...
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

excess manufacturing inventory  Planning & Optimization: Extending Your ERP System Part Three: Business Case for Inventory Optimization Solutions The Case for an Inventory Optimization Solution Inventory Optimization solutions allow an organization to achieve a balance between the most efficient investment in inventory and highest customer service levels. One such misconception is that existing enterprise resource planning (ERP) systems can handle inventory management adequately. For small distributors not working in complex Read More...
Cloud ERP for Manufacturing: 6 Considerations
There is no shortage of cloud-based enterprise resource planning (ERP) software offerings nowadays, for almost any vertical manufacturing market segment. But

excess manufacturing inventory  ERP for Manufacturing: 6 Considerations A version of this article was originally published on February 20, 2012. There is no shortage of software-as-a-service (SaaS)–based manufacturing enterprise resource planning (ERP) software offerings nowadays, for almost any vertical manufacturing market segment, but while cloud and hosted solutions are routine for many types of business software across various industries, manufacturing businesses still express a lot of skepticism, uncertainty, and concern Read More...
ERP in Manufacturing 2012: The Evolving ERP Strategy
This Aberdeen Group report, based on over 170 survey respondents in manufacturing, provides best-in-class manufacturing approaches to ERP strategy. Today, 92

excess manufacturing inventory  in Manufacturing 2012: The Evolving ERP Strategy This Aberdeen Group report, based on over 170 survey respondents in manufacturing, provides best-in-class manufacturing approaches to ERP strategy. Today, 92% of manufacturers have implemented ERP. Still, recent data finds that a successful ERP implementation goes well beyond just putting it into place. ERP, and the organization itself, should be constantly moving forward. Successful manufacturers tailor ERP in reaction to business change and needs Read More...
Pelion Systems Champions Manufacturing Process Optimization
Manufacturing operations are characterized by a need for factory transformation management. Via software that uses a

excess manufacturing inventory  Systems Champions Manufacturing Process Optimization Background Globalization and outsourcing are proliferating within the manufacturing industry, and most successful companies are implementing demand-driven business models as they seek ways to capture, shape, and respond to the demands of the dynamic global marketplace. This is because as demand visibility improves, manufacturers are called upon to respond to that demand more quickly and with more predictable results. Thus, increasingly, Read More...
Managing Inventory for Optimal Advantage: 10 Common Inventory Mistakes and How to Correct Them
If your company is “fighting fires” daily to meet customer demand, then you’re already losing customers and missing new sales. Today, business is conducted in

excess manufacturing inventory   Read More...
Epicor Manufacturing Express Edition
Epicor Manufacturing Express Edition is a comprehensive software system for job shops and small manufacturers that is provided in a software-as-a-service

excess manufacturing inventory  Manufacturing Express Edition Epicor Manufacturing Express Edition is a comprehensive software system for job shops and small manufacturers that is provided in a software-as-a-service (SaaS) model. Epicor Express combines broad functionality to create an end-to-end solution for manufacturers. It includes functionality for: Customer Relationship Management (CRM) Production Management Product Management Material Management Financial Management Business Intelligence (BI) Express is suited for job Read More...
Lean Manufacturing
In the manufacturing arena, lean is a top topic. And though companies expect a big payoff from the lean approach to manufacturing—including increases in

excess manufacturing inventory  Manufacturing In the manufacturing arena, lean is a top topic. And though companies expect a big payoff from the lean approach to manufacturing—including increases in production capacity and product quality, reduced production time and inventories, etc.—there is no ‘one-size-fits-all’ philosophy of applying lean principles to every manufacturing organization. Find out how you need to view lean to get the most out of it for your particular organization. Read More...
Petrochemical Manufacturing
Companies in the petrochemical industry manage the operations and processes that transform crude oil and other raw materials into chemical products. There are

excess manufacturing inventory  Manufacturing Companies in the petrochemical industry manage the operations and processes that transform crude oil and other raw materials into chemical products. There are two major categories of petrochemical companies: companies that refine oil and other raw materials and convert them into basic chemicals such as ethylene; and companies that use these basic chemicals to create materials that can then be used in other industries to produce finished products, such as plastics, detergents, Read More...
The Power of Inventory Control: How Integrated, Serialized Inventory Tracking Delivers a Competitive Advantage
Today’s manufacturers work hard to meet customer delivery schedules with quality parts while reducing costs. Those companies that can meet these demands can

excess manufacturing inventory  inventory,manufacture,inventory reduction,inventory management,inventory control,inventory management system,inventory management software,inventory control methods,inventory software management,inventory control software,warehouse management,software inventory management,what is inventory,vendor managed inventory,inventory management techniques Read More...
Microsoft Dynamics GP 10.0 for ERP for Process Manufacturing Certification Report
Microsoft Dynamics GP 10.0 is now TEC Certified for online evaluation of enterprise resource planning (ERP) for process manufacturing solutions in the ERP

excess manufacturing inventory  Dynamics GP 10.0 for ERP for Process Manufacturing Certification Report Microsoft Dynamics GP 10.0 is now TEC Certified for online evaluation of enterprise resource planning (ERP) for process manufacturing solutions 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 Read More...

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