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Using Inventory Optimization to Reduce Inventory Levels in a Lean Environment
Small and medium businesses (SMB) need to address inventory challenges by using a tightly integrated approach that reflects the dynamics of the extended supply

inventory functionality  integration will enable the inventory optimizer to leverage the broad and stable base functionality and business logic already inherent and distributed throughout the core ERP system to achieve the desired system benefi ts outlined above. From a wider perspective, the implementation of an integrated inventory optimizer will enable a company to target longer term objectives that include Inbound and Outbound Logistics and Warehouse Management, in effect, elevating the overall level of automation and 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 functionality


Global ERP Functionality Delivered
Today, global trade management issues affect small and midsized businesses (SMBs) and large multinationals alike. While enterprise resource planning (ERP) is a

inventory functionality  Thailand?s specific requirements for inventory balancing, the company decided to deliver the functionality in a separate country pack rather than confuse it with the more generic inventory balancing reporting expected outside of Thailand. Lawson uses both approaches as well. The majority of country specific requirements are delivered in a single version of the core product and its strategy is to move to include all countries in a single, standard product. Those which are not covered in the current 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

inventory functionality  to evaluate and forecast inventory down to individual products and locations, which is essential if you're going to squeeze out additional costs and increase profits. (Source: S.Kilgore, Balancing Supply and Demand, Forrester Research, March 2002) ERP vendors themselves have recognized this fact, and have recently started adding advanced planning functionality as separate extensible modules to their core product offerings. Inventory Optimization software recognizes that different industries have 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)

inventory functionality  business environment. Implementing an inventory optimization solution that covers all this functionality will result in reduced working capital and increased customer service. It can also result in reduced transaction costs through automating processes. Automation decreases transaction costs while giving your company more time to spend on the transaction and items that are most important for business. Inventory optimization is a win-win implementation for any company that has not adopted it. How can IBS Read More...
Made2Manage Offers New Functionality And A VIP Treatment Part 1: Announcements
By unveiling the multi-site functionality while concurrently providing technologically advanced solutions, Made2Manage is poised to survive the ongoing market

inventory functionality  support for quotes, sales, inventory management, purchasing, production, shipping and receiving. However, the new version integrates this functionality across multiple manufacturing sites/facilities. It also provides flexible reports, and the easy to use, M2M Reporter with Drag and Drop report writing functionality, that address specific customer information needs. This is Part One of a two-part event note. Part Two will discuss the Market Impact and make User Recommendations. Key New Features Key new Read More...
Focused Functionality: Key to Ganong Bros.' Success
In 2002, Ganong, a midsize confectionery, selected Sage ERP X3 to fulfill its requirements for a software application with both batch and discrete capabilities

inventory functionality   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 functionality  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...
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 functionality  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...
Intuit Pay Gives UK SMBs Easy Card Payment Functionality
Back in November 2012, Intuit launched an Intuit Pay pilot project for the United Kingdom. The company has since learned a lot, improved the product, and

inventory functionality  Pay Gives UK SMBs Easy Card Payment Functionality Back in November 2012, Intuit launched an Intuit Pay pilot project for the United Kingdom. The company has since learned a lot, improved the product, and announced that  Intuit Pay is generally available , giving anyone who sells products or services in the UK a reasonably easy and low-cost way to accept credit and debit card payments, whether in person or over the phone. Intuit Pay includes a free app and free access to payments online, and, for a Read More...
Establishing Standards for Automotive Inventory Visibility and Interoperability
As globalization, competition, and downward price pressures show no signs of easing, lean manufacturing—matching supply to demand, eliminating waste, and

inventory functionality  Standards for Automotive Inventory Visibility and Interoperability As globalization, competition, and downward price pressures show no signs of easing, lean manufacturing—matching supply to demand, eliminating waste, and streamlining operations—still holds great promise for automotive suppliers to meet this challenges. Read More...
Customer Success Story: Batchmaster Provides Superior Inventory Control
Superior Quality Foods was growing, but poor inventory control was impacting its profitability. To ensure there was enough stock to meet production needs, it

inventory functionality  Story: Batchmaster Provides Superior Inventory Control Superior Quality Foods was growing, but poor inventory control was impacting its profitability. To ensure there was enough stock to meet production needs, it always ordered extra raw materials—just in case. To reduce costs and improve inventory control, Superior chose an enterprise resource planning (ERP) and mobile wireless inventory system—and since its implementation has realized 98 percent accuracy in inventory. 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 functionality  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...
Made2Manage Offers New Functionality And A VIP Treatment Part 2: Market Impact
During last two years, Made2Manage had mobilized its resources to evolve from a vendor of traditional ERP software to a provider of 'one-stop-shop' enterprise

inventory functionality  Offers New Functionality And A VIP Treatment Part 2: Market Impact Event Summary On January 14, Made2Manage Systems Inc. (NASDAQ: MTMS), a provider of broad enterprise business systems for small and mid-market manufacturers, announced the release of the latest version of its Enterprise Business System suite running on the Microsoft SQL Server . The release tagged M2M ERP 5.0 SQL extends the capabilities of the company's flagship ERP product primarily through key new features that include Read More...
How to Optimize Your Inventory and Free Your Capital
Inventory optimization enables companies to improve the performance of both the supply and maintenance functions. Your inventory optimization solution should

inventory functionality  to Optimize Your Inventory and Free Your Capital Inventory optimization enables companies to improve the performance of both the supply and maintenance functions. Your inventory optimization solution should not only identify optimal holdings of each item, but do so automatically—and analyze usage, as well as adjust stock holdings and reordering points on an ongoing basis. Find out how inventory optimization can help you reduce downtime and increase productivity. BEGINLYX Read More...
Stability and Functionality for Process and Discrete Manufacturers
While superficially, Infor's acquisition strategy may appear to be impulsive, it has actually been calculated to develop a stronger vertical functionality. This

inventory functionality  and Functionality for Process and Discrete Manufacturers Situational Analysis Customer requirements for enterprise applications capabilities have changed dramatically. The demand for remote access application availability through different interfaces and devices has risen. To enable access through Web services, Web browsers, portals, popular desktop applications, mobile phones, and personal digital assistants (PDA), the presentation (client) and back-end (server) business logic needs to be Read More...

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