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Software Functionality Revealed in Detail
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 principles of inventory and materials management


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

principles of inventory and materials management  of Lean Thinking , Principles of Lean Manufacturing , Lean Innovations Custom , Lean Software Development , Lean Thinking , Meaning of Lean , Lean Six Sigma , Leading Lean Software , Implementing Lean , Lean Methodology , Advanced Lean Thinking , Lean Advancement Initiative , Lean Insider , Lean Learning , Lean Software Engineering , Motivate Lean Thinking , Resources on Lean Manufacturing . Giving small and mid-size manufacturers and distributors the ability to reduce inventory holdings, increase

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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 » principles of inventory and materials management

Lean Manufacturing: Reaping the Rewards of Lean through Response Management


For years, manufacturers have been driven by sales forecasts and the need to maximize production efficiency at every level of operation. But in order to be successful, manufacturers must look toward adopting a lean mentality. While lean techniques are more easily applied to some manufacturing styles than others, new software tools are now able to deliver the benefits of lean to both high-mix and low-volume operations.

principles of inventory and materials management  and apply these lean principles will result in less than optimal results. Applying the tools without an end-to-end plan will lead to point improvements that impact only parts of the process. The resulting improvements can cause problems upstream or downstream and lead companies to make wrong decisions. Consider the example of a rower who finds a way to row faster than everyone else in the same boat. What would be the impact? Do the actions of this one individual help the boat to travel more smoothly, or Read More

Overcoming Chemicals Industry Challenges through Optimization of Distribution and Inventory


For chemical companies, optimizing the distribution network and rationalizing inventories are the keys to an efficient supply chain and smoother operations. They must also resolve the challenges posed by environmental regulations and the need for seamless data integration.

principles of inventory and materials management  that impede quick-acting demand-driven principles. Manufacturers can do very little to accelerate the subassembly processes, since the laws of chemistry (in other words, the processing times) are largely inflexible, posing challenges for manufacturers who want to integrate their demand forecasting, sales teams, plant floor personnel, and so on. It is thus not that uncommon for fierce competitors to temporarily partner so as to reduce costs: they will often swap a commodity in one location for the same Read More

Quality Management


In today’s global market, providing quality products and services is essential for any manufacturer’s continued growth—but maintaining a competitive edge is not always easy. For success, quality awareness must begin at the conception of the product and continue throughout the various stages of its development. To improve in this area, many manufacturers are now adopting the total quality management (TQM) approach.

principles of inventory and materials management  are also required. The principles of quality control are considered under the following heads: Raw material control Process control Finished product inspection ORION supports all three principles of quality control through inspection. To retain their competitive edge, companies need to change their traditional ways of working, to learn more about their customers. Figure 1 – Flow for Raw material and packaging material inspection: Figure 2 – Flow for finished goods inspection Figure 3 – In-process Read More

Identifying the ROI of a Software Application for Supply Chain Management Part 4: Just Give Us the Bottom Line


Managers weighing an investment in software for supply chain face pressure to be right. Looking for a precise calculation of ROI often results in making an uninformed decision. Part four discusses the difficulty in predicting the future.

principles of inventory and materials management  if a few basic principles are followed, some analytical work can provide an understanding of the potential for bottom line impact. It can also yield insight into the root causes of undesirable symptoms from which your business may be suffering. The reactions of some decision-makers to each of the four challenges that are listed above provide a convenient outline for exploring a more thoughtful and strategic approach to evaluating a potential investment in supply chain management software. About This Read More

EMC Documentum: A Brief on Its Content Management Offerings in 2012


The EMC Documentum family of products covers a range of content management, case management, and governance applications, and plays to current shifts across the information management landscape. In this report, TEC's director of knowledge services Josh Chalifour looks at the directions in which EMC is focusing its products and services, and how that relates to requirements you may have for your content management initiatives.

principles of inventory and materials management  Documentum: A Brief on Its Content Management Offerings in 2012 The EMC Documentum family of products covers a range of content management, case management, and governance applications, and plays to current shifts across the information management landscape. In this report, TEC's director of knowledge services Josh Chalifour looks at the directions in which EMC is focusing its products and services, and how that relates to requirements you may have for your content management initiatives. Read More

Ultimus Adaptive BPM Suite 8.3 for Business Process Management Certification Report


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principles of inventory and materials management  Adaptive BPM Suite 8.3 for Business Process Management Certification Report Ultimus Adaptive BPM Suite 8.3 is TEC Certified for online evaluation of business process management (BPM) solutions in the Enterprise Resource Planning (ERP) Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and Read More

KronosWorks 2011: Beyond Time Clocks for Modern Workforce Management


Kronos, the company that introduced the first micro-processor time clock in the 1970s, knows how tricky workforce management (WFM) can be. In this article, TEC principal analyst P.J. Jakovljevic looks at WFM challenges facing organizations, particularly those with large, complex workforces, and how Kronos’ innovative solutions help companies control labor costs, minimize compliance risk, and improve workforce productivity.

principles of inventory and materials management  the following five guiding principles: Unrivaled user experience: While traditional time clocks rely on physical buttons, small displays, and fixed menus, InTouch combines the latest advances in hardware technology with a powerful UI to deliver an unrivaled user experience. Its color touch screen, graphical interface, and language hot keys deliver an unprecedented level of personalization (see figure 1), which should result in faster employee adoption and increased productivity.  Seamless integration: Read More

Oracle Project Portfolio Management Cloud


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principles of inventory and materials management  Oracle Project Portfolio Management Cloud, Oracle Cloud, project portfolio management, PPM, project-centric organization, project management, project financial management, project resource management, project execution management, project decision making Read More

IT Management and Development


The IT management and development business area focuses on developing the tools and resources required to understand, use, and manage IT infrastructure in order to help companies enhance their operational, tactical, and strategic capabilities. Tools for IT management and development can help companies control and measure the quality and effectiveness of their IT infrastructures, and manage software and hardware development tasks.

Challenges related to IT management and development revolve around the need for continuous research to improve products and technologies; the need to improve business and service models to increase return on investment (ROI); and, if necessary, the need to outsource IT management and development to nearshore and offshore destinations.

principles of inventory and materials management  Management and Development The IT management and development business area focuses on developing the tools and resources required to understand, use, and manage IT infrastructure in order to help companies enhance their operational, tactical, and strategic capabilities. Tools for IT management and development can help companies control and measure the quality and effectiveness of their IT infrastructures, and manage software and hardware development tasks. Challenges related to IT management and Read More

Systems Monitoring and Management: Vendor Evaluation Checklist


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principles of inventory and materials management  Monitoring and Management: Vendor Evaluation Checklist This systems’ monitoring and management vendor evaluation checklist from Uptime Software is designed to help IT managers and administrators as they search for the right solution. It is intended to be a generic list that can be updated, expanded, and customized depending on your exact requirements. You are welcome to edit and modify each of the items as you see fit. Read More

Warehousing Management: Yard Management, Competitive Analysis, and Challenges


The business remains challenging to even the most established vendors, since an intensifying product architecture rejuvenation and functional enhancements cycle, the pressure from the ERP intruders, and continued market consolidation exert fiscal pressure across the sector.

principles of inventory and materials management  Management: Yard Management, Competitive Analysis, and Challenges Extension to Yard Management Enterprise systems are penetrating every aspect of a company's operations. For some time now, organizations have realized that the warehouse must become a dynamic area. Warehouse personnel must have access to real-time data to closely match supply and demand and to streamline the supply chain, so inventory is not bogged down in warehouses causing precious overhead to be lost. As a result, supply chain Read More

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principles of inventory and materials management  Out of the Inbox: Five New Rules of 1to1® E-mail Marketing Situating e-mail in a multichannel marketing plan is more complicated than it used to be. Where exactly does e-mail fit in the world of blogs, vlogs, and podcasts—where MSN, Google, and Yahoo! call the shots? Marketers need to understand which strategies and tactics are most effective to ensure that their e-mails will be delivered, opened, and acted upon. Read More

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principles of inventory and materials management  Portfolio Management for Service Organizations: Bridging the Gap between Project Management and Operations Introduction In the last couple of years, the enterprise resource planning (ERP) industry has changed the landscape of the project portfolio management (PPM) marketplace. ERP vendors, such as SAP , Oracle , and Microsoft , have recognized the value of developing and delivering services to professional services organizations (PSO). Faced with this new reality, the best-of-breed vendors that Read More

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principles of inventory and materials management  Management with Investigation Process Design, Execution, and File Management: The BPS Server Concept Client processes and risk control contextualization can be greatly improved through investigation process design, process execution, and file management issues. Learn how BPS Server uses process templating concepts, separates fact management activities, and uses COSO centric mechanisms to accomplish this. This the second part to Risk, Risk Mitigation, and Functional Requirements in Dynamic Compliance Read More