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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)

inventory control models  needed to provide real-time inventory control and minimize paperwork. The Pharmaceutical industry needs ERP solutions that support large transaction volumes and automate purchasing and planning activities in order to react and meet constantly changing market requirements. Electrical component distribution In terms of sheer volume of SKUs, the electrical component distribution industry is among the highest. Some companies have more than 100,000 product lines. With this many SKUs, it is essential that the Read More...
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 or...
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Documents related to » inventory control models


Inflation’s Demise: The Impact on Business Informa
Enterprise Resources Planning (ERP) business models and information systems originated in the 1970s and 1980s, an inflationary period. They addressed business

inventory control models  the American Production and Inventory Control Society. You can contact Mr. Nones through the CIM Vision website: www.cimvision.com Read More...
Can You Bring Cost Down through Better Inventory Management?
In my previous blog I discussed two approaches to bringing down your cost: cost cutting and cost reducing, with regards to the overall supply chain network. The

inventory control models  Cost Down through Better Inventory Management? In my previous blog I discussed two approaches to bringing down your cost: cost cutting and cost reducing , with regards to the overall supply chain network. The most effective way of cost reduction in supply chain is through the collaborative effort of the whole organization. As discussed previously, the supply chain has various areas where cost reduction can be done, but for this blog, I want to focus on cost reduction with better or best inventory Read More...
4 Steps to a Best-run Business
To promote fast growth, small businesses often sacrifice process control for creativity. But sooner or later, unstructured creativity compounded by fast growth

inventory control models  inventory controls to optimize inventory levels, or credit checks to ensure customers are able to pay ' ensure that responsible parties are notified when control thresholds are breached, providing more time to formulate an appropriate response. Consistently Meet Performance Standards and Control Risk With SAP Business ByDesign, you can automatically track key performance metrics ' whether you are tracking ROI or product defects ' with personalized scorecards and dashboards. These reports are not only Read More...
What Keeps EAM/CMMS Away From PLM?
Today, many assets are designed and manufactured with the help of product lifecycle management (PLM) tools and systems, which contain highly valuable product

inventory control models  is not in the inventory at AO-1. The engineer then submits an order request to the OEM and is informed that it will take 2 days for the OEM to ship the service part. In addition, the OEM also notices that within AO-1’s part inventory, there is another part that can be used as a substitute after light modification, which can be performed on-site, easily and quickly. After the engineer chooses the second option, he receives a dimension specification for the modification and a 3D animation of how to 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

inventory control models  You want to get inventory under control before you introduce major new ERP and supply chain solutions-not afterwards. If you don't get the inventory on the right path first, today's bad inventory practices and policies are likely to be perpetuated tomorrow in the company's new Supply Chain Management system. Rapid Inventory Reduction A number of companies have used the Rapid Inventory Reduction Methodology as a way of quickly bringing their inventory levels down and into alignment with customer demand. Read More...
Managing Mountains of Inventory Data, Hexion Ensures Sustainable Growth and Profits
For thermosetting resins producer Hexion Specialty Chemicals, a portfolio of over 50,000 stock keeping units (SKUs) created unique supply chain efficiency

inventory control models  Mountains of Inventory Data, Hexion Ensures Sustainable Growth and Profits For thermosetting resins producer Hexion Specialty Chemicals, a portfolio of over 50,000 stock keeping units (SKUs) created unique supply chain efficiency challenges. Hexion needed better supply chain management—the key to sustaining growth and profits. In adopting Zemeter solutions, Hexion reduced inventory by more than 20 percent and increased margins—exactly what Hexion needed to stay competitive on a global scale Read More...
Transforming Inventory Into a Strategic Weapon
If you prefer the more productive, long-term approach, check out Transforming Inventory into a Strategic Weapon.

inventory control models  Inventory Into a Strategic Weapon You can view inventory optimization as a one-time fix for quick returns, or a long-term strategy for competitive advantage. If you prefer the more productive, long-term approach, check out Transforming Inventory into a Strategic Weapon . In this practical guide , you'll learn how best-in-class companies create an ongoing competitive edge by aligning their day-to-day inventory plans with top-level corporate goals. You'll discover how to define the right supply Read More...
Remote Control in Manufacturing—Entering Closed Environments Without Opening the Door
In manufacturing, it’s not uncommon to find environments either too dangerous or sensitive to allow unrestricted access. Remote control software opens the door,

inventory control models  Control in Manufacturing—Entering Closed Environments Without Opening the Door In manufacturing, it’s not uncommon to find environments either too dangerous or sensitive to allow unrestricted access. Remote control software opens the door, boosting productivity without compromising the safety of workers or equipment. This paper shows how it can conserve time and effort, cut the travel budget, and up the pace of action, even where connectivity is limited. Read More...
Identity-based NAC: Using Identity to Put the “Control” in Network Access Control
Access control is more than just checking devices for malware before admitting them to a network. Identity-based network access control (NAC) looks at the

inventory control models  based NAC: Using Identity to Put the “Control” in Network Access Control Identity-Driven Access Gateways manufactured by Caymas Systems allow organizations to identify, authorize, protect and audit everyone that accesses corporate data and applications.Caymas Systems was founded in 2002 by Terence Brown and Robert Bortolotto, and ceased its operations in late 2007. Source: Caymas Systems Resources Related to Identity-based NAC: Using Identity to Put the Control in Network Access Control : Read More...
What Your Refrigerator Can Teach You about Lean Inventory
A lean supply chain consists of two major components—lean manufacturing and lean distribution—which focus on satisfying customer demand efficiently, at the

inventory control models  Teach You about Lean Inventory A lean supply chain consists of two major components—lean manufacturing and lean distribution—which focus on satisfying customer demand efficiently, at the lowest cost, with the least amount of waste. But what if your replenishment strategy is your distribution center’s weakest link? To improve customer satisfaction and achieve efficiency and balance, your replenishment strategy must consider all the key variables. Read More...
Best Practices in Demand and Inventory Planning for Chemical Companies
Supply chain planning involves functions such as demand forecasting and planning, distribution inventory planning, and plant capacity planning and scheduling

inventory control models  Practices in Demand and Inventory Planning for Chemical Companies Supply chain planning involves functions such as demand forecasting and planning, distribution inventory planning, and plant capacity planning and scheduling. The right mix of strategy, education, and systems can have a very high impact on a manufacturer’s overall operations—and ultimately its bottom line. Understand how supply chain functions such as demand and inventory planning can positively impact your company. Read More...
Supporting Quality Control with a Factory Information System
When your quality control plan is complex because there are many features to control@and it involves many people@you need to pay special attention to your

inventory control models  Quality Control with a Factory Information System When your quality control plan is complex because there are many features to control—and it involves many people—you need to pay special attention to your quality control process. Also, a complex plan places high demands on your software solution. Discover how an online integrated factory information system can work across production, job tracking, spoilage, and quality to support all of your quality control processes. Read More...
APICS 2009 Preview Webinar Series, Session 5: Managing Inventory in a Changing Economy
The 2009 APICS International Conference and Expo is starting next week in Toronto (Canada). One of the educational tracks is focusing on how to manage inventory

inventory control models  Series, Session 5: Managing Inventory in a Changing Economy The 2009 APICS International Conference and Expo is starting next week in Toronto (Canada). One of the educational tracks is focusing on how to manage inventory in a changing economy. As inventory is a challenging issue for all types of manufacturing organizations, regardless of industry. If an organization can manage its inventory without losing focus on demand and where its dollars are being spent, it may achieve its inventory objectives. Gary Read More...
Inventory and Lead Times - Understanding Decoupling Points
While inventory is necessary in manufacturing, most companies would like to reduce their inventory, but only if that did not cause problems. Managing inventory

inventory control models  Understanding Decoupling Points While inventory is necessary in manufacturing, most companies would like to reduce their inventory, but only if that did not cause problems. Managing inventory according to decoupling theory is the most effective approach to reducing (the wrong kinds of) inventory without damaging service level—without increasing the risk of shortages that disrupt production (components and materials) and hurt customer service (finished goods). Read more. Read More...

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