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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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Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 manufacturing finance


Plex Manufacturing Cloud
The Plex Manufacturing Cloud (formerly known as Plex Online) offers more than 350 functional modules that give manufacturers instant access to vital information

manufacturing finance  a manufacturing operation, including manufacturing operations management (MOM) and quality management systems (QMS) for the shop floor; customer relationship management (CRM) for sales and marketing; supply chain management (SCM) for procurement; and enterprise resource planning (ERP) for finance and management. The on-demand solution features product life cycle management (PLM) functions such as program and change management; ERP functions such as accounting and finance modules; CRM features such as

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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 » manufacturing finance

Process 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, human resources) and include, with varying degrees of acceptance and skill, many solutions that were formerly considered peripheral (product data management (PDM), warehouse management, manufacturing execution system (MES), reporting, etc.). While 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 old adage is "Such a beginning, such an end", and, consequently, many ERP systems' failures could be traced back to a bad software selection. The foundation of any ERP implementation must be a proper exercise of aligning customers' IT technology with their business strategy, and subsequent software selection. This is the perfect time to create the business case and energize the entire organization towards the vision sharing and a buy in, both being the Key Success Factors (KSFs). Yet, these steps are very often neglected despite the amount of expert literature and articles that emphasize their importance.  

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Successful Manufacturing in a Competitive Market


Order-driven manufacturers—those who engineer-to-order (ETO), assemble-to-order (ATO), and make-to-order (MTO)—face numerous challenges. To stay competitive, they must contend with increased competition, more demanding customers, and the need to refine business processes. Learn how enterprise resource planning (ERP) software can help your company meet marketplace challenges and create sustainable competitive advantages.

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Manufacturing 2007 Executive Summary


For a decade, IndustryWeek and the Manufacturing Performance Institute (MPI) Census of Manufacturers have provided data to US manufacturers. This year, MPI fielded a similar survey in Canada, offering an intriguing look into the differences between the Canadian and US manufacturing landscapes. This executive summary presents combined data from these surveys, aimed at helping manufacturers meet future challenges.

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The Seven Keys to World-class Manufacturing


What does it mean to be a world-class competitor? It means being successful in your market against any competition—regardless of size or country of origin. It means matching or exceeding any competitor on quality, lead time, cost, customer service, and innovation. It means picking your battles—competing on the terms dictated by you. But how do you get there?

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ERP in Complex Manufacturing: Improving Collaboration and Visibility


Find out in ERP in Complex Manufacturing: Improving Collaboration and Visibility.

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Ramco Enterprise Series - Discrete Manufacturing


Please remove (put offline) Ramco Enterprise Series Discrete Manufacturing product  Sherry Fox (3/9/2015 11:30 AM): This product will be updated in the Ramco on Cloud Enterprise RFI. Request put in earlier.   Use the scores from this questionnaire to prepopulate the other.   The Ramco Discrete Production (DP) application is a manufacturing, planning, and control solution. Ramco DP was designed to address enterprise manufacturing requirements, ranging from production planning to scheduling and execution. It addresses the made-to-stock and made-to-order manufacturing environments, with the ability to handle ordinary configure-to-order requirements. While most organizations can benefit from DP applications, those enterprises with multiple manufacturing locations can benefit the most. This is because manufacturing planners in these enterprises can elect to have any of the following planning and execution models: centralized planning, with execution at respective locations; decentralized planning and execution at each manufacturing location; and mixed mode, where high level planning is done centrally and then devolved to the locations for further planning and execution. Ramco DP allows users to define processes in a flexible manner, in order to enable them to adapt to current or changed manufacturing management practices. The planning hierarchy can be changed to suit industry and organisational needs, without compromising on security issues. Its concept of "layered planning" enables flexible planning for any component in the bill of materials, at any time during the planning process. The DP application group is made up of three individual applications: Production Definition, Planning and Execution, and Engineering Change Control.  

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Driving Growth in Manufacturing with CPQ


Manufacturing leads other industries in using configure, price, quote (CPQ) software in selling and fulfillment processes. This paper examines the key challenges confronting manufacturers today and how modern CPQ solutions can support growth strategies through improvements to sales processes and sales effectiveness. We also highlight key capabilities and next steps for manufacturers pursuing CPQ initiatives.

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Plex Manufacturing Cloud ERP—Running Your Business from the Shop Floor to the Top Floor


Plex Systems was one of the earliest adopters of the cloud deployment model for software delivery. Plex Systems’ flagship product, Plex Manufacturing Cloud (formerly Plex Online), is a SaaS ERP solution that extends beyond the boundaries of typical ERP software for manufacturers to provide a comprehensive “shop floor to top floor” coverage. Find out what this means for its customers in this spotlight report from TEC Senior ERP Analyst Ted Rohm.

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How to Achieve Lean Manufacturing


Lean manufacturing is a transformational exercise that requires an organization to cast aside long-held beliefs and business processes. The five main steps to achieving lean transition are defining value, mapping the value stream, making the activities flow, responding to customer demand, and continuous improvement.

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