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Software Functionality Revealed in Detail
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 inventory excess manufacturing research paper


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

inventory excess manufacturing research paper  same purpose'what-if analysis and inventory management. At that time we made a very good strategic decision, Sforza says. Instead of installing different instances of this application around the globe, we decided to take advantage of the new multi-site functionality Kinaxis was offering to expand our environment from one full MRP site to six. This gave Lucent greater standardization and control while providing cost savings, because the application itself, as well as support and maintenance, were

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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

ERP for Manufacturing (SMB)

TEC's new ERP for Manufacturing (SMB) evaluation model targets the software requirements of small and medium enterprises. If your organization doesn't have many sites to operate, seeks a solid base of ERP functionality, but doesn't want every possible feature of the biggest systems on the market, this model is a good starting place for your research. It covers fully featured accounting solutions with necessary manufacturing, inventory, human resources, purchasing, quality, and sales management functionality. 

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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). However, many companies implementing an ERP solution don’t add a dedicated inventory optimization module. Learn how inventory optimization can offer companies huge potential to maximize the value of IT investments—and keep inventory levels at the right balance.

inventory excess manufacturing research paper  line. Achieving the right inventory levels To ensure that customers are consistently served, some companies fill up the warehouse. This results in overstock, which can have devastating effects on a business. With excess stock, companies become more difficult to manage and steer. They need more storage space, gain increased overheads, end up with shelves full of obsolete or expired goods and, worst of all, own a large space filled with what could otherwise be operating capital. Unfortunately, Read More

Pricing and Revenue Optimization: A Manufacturing Perspective


Pricing and revenue optimization is the process of improving business margins by either increasing unit prices or increasing gross revenues. This type of optimization is fast being recognized as having the capability to help businesses grow margins significantly. In fact, studies have shown that it can add a 15 to 50 percent incremental margin to the bottom line.

inventory excess manufacturing research paper  lower revenue and excess inventory buildup that needs to be later discounted or written off as obsolete inventory. These factors make understanding the value equation and the elasticity of products fundamental to effective pricing strategy. (Elasticity is defined as the volume change given a 1% price change.) However, most companies do not have sufficient information about the real demand elasticity of their products and thereby continue to struggle with identifying and isolating segments with differing Read More

TEC Lean and Green Manufacturing Buyer’s Guide


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inventory excess manufacturing research paper  are evident through the inventory reductions, lead-time improvements, and high level of customer satisfaction. Major customer have recognized Decorated by bestowing single-vendor status (Parker Hannifin, Cummins Engine), and through collaboration efforts such as the partnership with Black & Decker, in which Decorated worked with the design team during the design phase for a complete reworking of the high-end DeWalt tool product line. About Epicor Epicor is a leading provider of enterprise business Read More

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If you’ve worked for more than one manufacturing company, you know that each one is different. Different processes, systems, problems—all these variations mean you need a system tailored to your needs. And with so many available solutions, you could spend months looking at demos, and still not find it. However, you can start by asking yourself eight simple questions.

inventory excess manufacturing research paper  began to see changes. Inventory shrinkage nearly disappeared from a previous rate of four percent, which saved this relatively small company $55,000 in their first year. Two administrative people were redeployed to other departments, saving $50,000, and overtime costs were reduced by $15,000. The purchasing department was resistant to the new system and didn't start using it to its full extent for at least six months. Still, at the end of a year, they had shaved a few percentage points off their costs Read More

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The process enterprise resource planning (ERP) knowledge base anticipates as many factors as possible to assist businesses in the process manufacturing field, which typically involves mixing, separating, forming, or performing chemical reactions (for example, paint manufacturers or refineries). The knowledge base includes criteria for determining batch control and reporting, formula and routing, and material management capabilities. It also provides information for other enterprise management modules such as human resources and financials.

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TEC also helped the company collect market data—a key component of the final selection process.



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