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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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 inventory first in last out


SmartOps Steps Out in to the Cloud SCM
SmartOps Corporation is a quiet provider of supply chain planning (SCP) solutions that right-size inventory and capture more sales (by way of managing demand

inventory first in last out  offering with deepest multi-echelon inventory planning and optimization (MIPO) functionality. The MIPO algorithms and system functionality were built in an abstract, multi-industry fashion, which eliminates the need for customization. Smaller scale deployments can have short timelines, but because SmartOps products can operate at enterprise scale, it can take months to roll out across all global products, locations, supply chains, and business units for a large-scale customer. The offering does not offer

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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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Documents related to » inventory first in last out

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 believe that their companies consistently carry 25 to 40 percent or more inventory than is needed.

inventory first in last out  exactly where avoidable future inventory increases are going to occur so you can take the right actions to prevent unnecessary cash outflow is critical to success. It's a matter of assembling the right information in a way that causes the right, prioritized actions to be taken at the right time. The first step in the Rapid Inventory Reduction Methodology is to use Inventory Quality Ratio (IQR) logic to classify each item's inventory dollar balances as active, excess, slow-moving or no moving according to 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). 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 first in last out  How you can optimize inventory with IBS Enterprise Analyze performance In 2006, IBS was the first software vendor to be accredited by the Supply Chain Council as complying with the SCOR model. IBS Enterprise has level 1 performance metrics predefined in the IBS Business Intelligence module. When this module is installed, it can start measuring performance according to standardized KPIs from day one without a lot of effort creating and configuring relevant reports. Classify products Analyzing performance Read More

SAP Acquires SmartOps, At Long Last


This could be the very first time as a market observer that my reaction to a merger announcement is not “Why?” but rather “Why now?” Namely, in late February 2013, SAP announced plans to acquire SmartOps, a leading provider of inventory and service-level optimization software solutions. Founded in 2000, SmartOps released its first multi-echelon inventory optimization (MEIO) product in

inventory first in last out  a leading provider of inventory and service-level optimization software solutions. Founded in 2000, SmartOps released its first multi-echelon inventory optimization (MEIO) product in 2001. The software company provides key operating parameters and targets for supply chain planning (SCP). Its solutions coordinate capacity, inventory, demand, lead time, and product availability variables with the idea to enable customers to optimize their inventory and service levels, and thus potentially free up their 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.

inventory first in last out  on Advanced Inventory Management In today's fast moving global marketplace, innovative companies are using their inventory to gain the competitive edge. Rather than manage inventory at the facility or company level, enterprising companies are using network-based inventory management software, which allows them to position their inventory where it is most needed and can provide the most profitability. By distributing inventory in its most advantageous positions, companies are able to achieve a Read More

ERP in Manufacturing 2011: Defining the ERP Strategy


Most manufacturing enterprises use enterprise resource planning (ERP) as their main business system. It has always been assumed is that companies strive to have one single ERP system to unify all their parts and processes, but a survey shows that the average manufacturing company has 1.9 separate and distinct systems. This paper looks at how overall ERP strategy relates to companies’ performance.

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Controlling Costs in the Food Supply Chain


Making a profit in this industry through cost control is all about waste—minimizing waste. Waste in the food and beverage industry can be caused by a number of different factors such as lost sales, forecast inaccuracies, production downtime, yield losses, inferior product quality, and aging stock. This white paper deals with the different components that need to be in place in order to help you gain control of costs and waste.

inventory first in last out  Costs,Food,Supply,Chain,Beverage,Manufacturers,Software,Infor Read More

ERP in High Tech: Driving Innovation with Insight


This Aberdeen report demonstrates the ways in which leading high-tech manufacturers are using ERP to improve their business, along with the results those organizations have obtained. Download this report for data on top business drivers impacting ERP strategies, top strategic actions, the impact of ERP on capabilities, and more.

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IAM in the Cloud: An overview of technology and value


Identity and Access Management (IAM) solutions and cloud computing systems are relatively new, and can interact in many ways. Here is an overview of key concepts involved, assumptions that clarify their network topology and functionality, and a comprehensive list of architectural scenarios, with an analysis of costs, risks, and benefits for each scenario, to help architects evaluate the suitability of various solutions.

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Why IT Does Matter in BPO


IT plays a critical role in any outsourcing effort. Organizations engaged in or pursuing business process outsourcing (BPO) must ensure that they truly understand the capabilities of their existing software environment, as well as the capabilities of candidate BPO service providers. Embedding IT requirements and capabilities from the start will thus improve the likelihood of success for any BPO endeavor.

inventory first in last out   Read More

Fixed Asset Inventory: A Guide to Getting Started


Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting, eliminate “ghost assets,” and help an organization recover after a natural disaster. However, the importance of tracking and managing fixed assets such as land, buildings, transportation, and manufacturing equipment is often overlooked. This white paper discusses best practices for fixed asset inventory management and suggests tips for implementing a successful inventory process, including how to create an asset inventory process, implement a label and scanning solution for tracking of assets, establish an accurate baseline of fixed assets, and design a “go-forward” strategy for maintaining an asset inventory.

inventory first in last out  Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting, eliminate “ghost assets,” and help an organization recover after a natural disaster. However, the importance of tracking and managing fixed assets such as land, buildings, transportation, and manufacturing equipment is often overlooked. This white paper discusses best practices for fixed asset inventory management and suggests tips for Read More

Innovations in IT: Driving Corporate Performance


Over the past several years, the priorities of IT teams have shifted. IT staff used to focus on building an integrated enterprise to optimize business processes. Today, an additional priority is extending the enterprise and improving engagement with customers, partners, and suppliers to maximize efficiency and take advantage of new opportunities. See how innovations in IT have allowed market leaders to extend their reach.

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2011 HR Technology Conference & Expo (Day 2): What Happens in Vegas Shouldn’t Have to Stay in Vegas


Day two of the 2011 HR Technology Conference @ Expo was an 8-hour marathon of talking with software vendors and attending various conference learning sessions. Here’s a brief look: Naomi Bloom (Managing Partner at Bloom and Wallace) and Jason Averbook (Co-Founder @ CEO of Knowledge Infusion) kicked off the day with The Great Technology Debate on the topic of HR technology—what we’re seeing and

inventory first in last out   Read More

Trends in LMS


Companies and educational institutions use learning management systems (LMSs) to provide training and e-learning. With over 250 LMSs currently on the market, smaller and medium-sized enterprises are now adopting this software and using it to boost performance. Find out why.

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