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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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 fifo in inventory planning


Achieving Effective Inventory Management
In today’s competitive business environment, wholesale distributors face critical factors that directly affect customer satisfaction and profit margins. These

fifo in inventory planning  Management , First-In First-Out FIFO Software , Last-In First-Out LIFO Software , Inventory Performance Analysis , Inventory Management Sage Enterprise Software . Table Of Contents Introduction: Achieving Effective Inventory Management . Chapter 1: Warehouse Management . Business Issue. Business Impact. The Sage MAS 500 Solution Summary: The Value of Sage MAS 500 Chapter 2: Accurate Costing of Inventory Business Issue. Business Impact The Sage MAS 500 Solution. Summary: The Value of Sage MAS 500. Chapter

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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

Discrete 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 order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today’s leading ERP systems group all traditional company management functions (finance, sales, manufacturing, and human resources). Many systems include, with varying degrees of acceptance and skill, solutions that were formerly considered peripheral such as product data management (PDM), warehouse management, manufacturing execution system (MES), and reporting. During the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The foundation of any ERP implementation must be a proper exercise of aligning customers'' IT technology with their business strategies, and subsequent software selection. 

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Cost-justifying Warehouse Management Technologies in Small and Midsized Warehouses


The warehouse management system (WMS) concept has matured into a collection of time-tested technologies that reduce inventory costs and increase overall inventory management efficiencies. By implementing WMS technology, organizations can achieve a higher return on their software dollars and provide better service to their customers. A WMS can provide organizations with tangible benefits that improve warehouse operations without adding headcount.

fifo in inventory planning  Sage Accpac WMS supports FIFO (first in, first out) and LIFO (last in, first out) stock rotation, serialized inventory and lot and expiration-date tracking, ensuring complete control over the shipped product. When it comes to physical count of the inventory, Sage Accpac WMS supports by-date, product or bin cycle counting2. Sage Accpac WMS dramatically improves the accuracy of cycle counting by taking advantage of RF-based barcoding systems, eliminating transcription errors. Automatic updating of Read More

Intentia: Stepping Out With Fashion and Style Part Four: Movex Case Study Continued With User Recommendations


Intentia's Movex provides ample tools to respond to the trends and challenges of the fashion industry. While Intentia needs to continue to work to get its financial house in order, based on its functions and features Movex deserves to be on anyone's short list of vendors able to competently compete in the world of fashion.

fifo in inventory planning  pick-face picking rules. The FIFO concept can assist in ensuring that locations will be fully cleared before moving on to pick goods from another location. Additional picking efficiency can be achieved by rule-based sequencing of the pick lists. Referring back to the skirt and belt example, kitting is a common operation in the fashion industry. Kitting is where you combine two SKUs and sell them as third SKU. The belt is kitted with the skirt; a blouse is kitted with a pair of slacks; or a men's tie is Read More

Capitalizing on Advanced Inventory Management


Today’s distributors have an opportunity to drive performance to new levels by investing in advanced inventory management. These companies can expect to increase inventory visibility while driving down inventory costs. Learn how these kinds of inventory management initiatives can help your company strengthen customer relationships, bargain for better terms with suppliers, and generate more profitable growth.

fifo in inventory planning  Manufacturing Software Solution | FIFO Method | First-in First-out FIFO | LIFO Method | Last-in Last Out LIFO | Logistics | Simple Inventory Software | Easy Inventory Management | Manufacturing Inventory Control Software | Read More

Ramco OnDemand ERP Certification


Ramco OnDemand ERP is a full-function SaaS ERP product for the small to medium business (SMB) environment. The entire product is Web-based, accessible by your web browser, and fully supported via the Web.First Impressions The forms layouts and many of the detail screens allow for data field relocations and reconfigurations via drag and drop. The default color schemes are easy on the

fifo in inventory planning  first in, first out (FIFO); last in, first out (LIFO); and other rules. Full lot and serial number support were included. Choosing an ERP Product If your organization is making the transition from a small start-up operation to a medium sized organization, then Ramco’s SaaS product offering might be a smart choice since it includes standard accounting functionality, such as A/R, A/P, costing, and sales. More functional purchasing, HR, and CRM interfaces, as well as an advanced planning tool, are Read More

4 Steps to Successful Succession Development Planning


So you’ve determined that you need to develop a succession planning strategy in anticipation of the retirement of key personnel. Now what? How do you identify and select the employees for development and who do you need to involve in the process? In her latest article, TEC human capital management (HCM) analyst Sherry Fox outlines key considerations and four essential steps to a successful succession planning initiative.

fifo in inventory planning  Steps to Successful Succession Development Planning To effectively undertake a succession planning initiative at your organization, you must first identify your company’s long-term goals. Often companies know what they would “like” to see happen over the next three to five years, but don’t necessarily know how to put their ideas into practice. As a company grows and its business strategy evolves, its leadership needs can change significantly. To meet these needs, companies must adjust their Read More

How to Evaluate a Sales and Operation Planning System


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fifo in inventory planning  to Evaluate a Sales and Operation Planning System Sales and operations planning (SOP) is one of the more critical functions an organization must undertake, as its effects span across various departments, and have the potential to directly influence the organization’s profits. A successful SOP department harmonizes the different beats of each division into an agreeable melody. It is definitely a challenge to find an effective tool that can merge the data from different systems to create a coherent pict Read More

Supply Chain Planning in 2000: The Brains Behind Internet Fulfillment


The supply chain planning market will top $2.5 billion in 2000, driven in large part by the needs of Internet customer fulfillment.

fifo in inventory planning  Chain Planning in 2000: The Brains Behind Internet Fulfillment Supply Chain Planning in 2000: The Brains Behind Internet Fulfillment S. McVey- April 4th, 2000 Market Overview Supply chain planning (SCP) software applications reason through the difficult trade-offs that manufacturers face in producing goods and delivering them to customers. They do this either by giving users tools for visualizing their supply chains in ways that facilitate decision-making, or by automating the entire decision-making Read More

The CEO’s Guide to Succession Planning: Managing Risk & Ensuring Business Continuity


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Integrated Business Planning: Taking Strategic Planning to the Competitive Edge


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fifo in inventory planning  Business Planning: Taking Strategic Planning to the Competitive Edge Some managers have concluded that strategic planning is nothing more than an exercise in futility, to be taken out and dusted off at annual meetings. However, strategic planning can still help direct your company and improve earnings. The trick is strategizing well—which means having all the information you need, when you need it. Find out how to hone your competitive edge with integrated business planning capabilities. Read More

Wireless (In)Security Trends in the Enterprise


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fifo in inventory planning  Defense of Data Centers: The Positive Role IT Can Play in the Greening of Business Corporate concern for the environment is no longer just an issue of compliancy. Businesses are becoming increasingly concerned about how much energy is required by their IT operations, especially by their data centers. Greening IT starts in the data center: find out how data center consolidation—and other solutions—can help you reduce energy consumption, and even increase productivity and efficiency. Read More

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fifo in inventory planning  HR Technology Conference & Expo (Day 1): What Happens in Vegas Shouldn’t Have to Stay in Vegas Hundreds of industry experts have descended on Las Vegas for the 2011 HR Technology Conference & Expo (and for other things, such as networking and maybe just a wee bit of gambling), which has been billed as “the world’s best conference on HR Technology.” It’s my second time attending this conference, which is the largest North American gathering of HR professionals, experts, and technology vendors Read More