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Cincom Sticks to CONTROL of ETO and MRO Part 2: Market Impact
Cincom's latest product release covers many new bases, is architecturally adequate and remains a well-attuned offering for ETO and MRO enterprises. While it is

type of inventory control  designed to manage this type of business effectively, by controlling concurrently both labor and material costs. Aftermarket Management was built with strong tracking and accounting functionality, along with greatly enhanced flexibility in mind. For example, in telecommunications switching equipment, in almost every installation as a rule, there often is a mix of new parts, remanufactured parts, and existing parts, and the system must track all these. Since management accounting functionality should also 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 » type of inventory control


Let the (Excess) Inventory Flow!
Because companies focus primarily on new product development and promotion, the problem of excess and obsolete inventory, once addressed, often leads to both

type of inventory control  percent annually, depending on type of industry. Carrying cost is ultimately a policy variable reflecting the opportunity cost of alternative uses for funds invested in inventory. The topic here is not traditional inventory optimization. That issue has already been tackled in previous articles (see Inventory Planning & Optimization: Extending Your ERP System and Lucrative but Risky Aftermarket Business—Service and Replacement Parts SCM ). It enables clients to reduce investment in stock while at the s Read More
Achieving Effective Inventory Management
In today’s competitive business environment, wholesale distributors face critical factors that directly affect customer satisfaction and profit margins. These

type of inventory control  warehouse inventory. The following types of products do not affect customer service levels: Non-stock products ' Items not kept on hand, but are specially ordered to fill a specific customer order. Direct or drop shipments ' Material sent from a vendor directly to the customer. By definition, these types of shipments do not reflect how well material in stock meets immediate customer needs. Companies that include non-stocks and direct shipments when calculating customer service levels are overstating how Read More
10 Tips for Perfect (Nearly!) Inventory Accuracy
Even though we have made enormous advances in technology and business processes, many organizations and manufacturers still cannot perform basic warehouse

type of inventory control  with details about the type of package, as well as any special needs (i.e., expiration dates, hazardous material, packaging requirements, etc.) Process setup for use of inventory . Define all the processes within the warehouse for efficient inventory movement and accurate data recording. Start with a sequential location method within the warehouse that will help the associate to quickly receive the product. Location sequencing is fundamental for efficient put away and picking of the material. Within the Read More
Meet Sage Inventory Advisor in the Cloud
Sage recently announced the general availability of Sage Inventory Advisor, a new cloud forecasting and planning solution that integrates with Sage enterprise

type of inventory control  companies engaged in any type of inventory management, such as wholesale distribution, manufacturing, and retail trade, Sage Inventory Advisor integrates with several Sage ERP systems and analyzes inventory data to identify where the biggest improvements can be made, produce quality forecasts, and quickly suggest optimal replenishment recommendations. Sage Inventory Advisor uses algorithms in the following areas: Forecasting : uses the Forecast Pro algorithms, with the “tournament” method to Read More
Types of Video Conferencing
The use of video conferencing solutions has quickly become the standard of businesses with the highest distinction. Popularity of voice over internet protocol

type of inventory control  of Video Conferencing The use of video conferencing solutions has quickly become the standard of businesses with the highest distinction. Popularity of voice over internet protocol (VoIP) video conferencing is on the rise, and there are a range of platforms and devices businesses use to communicate, with a growing number of protocols that make each of these interoperable. Read this detailed guide on several types of VoIP video conferencing solutions. Read More
Paradoxes of Software Estimation
Software development has spawned an independent industry in its own right. But the processes of asking for service, offering service, and pricing are all

type of inventory control  of Software Estimation Introduction Software development has spawned an independent industry, with organizations offering software development services exclusively. As it is perhaps in the nascent stages, the processes of asking for service, offering a service, and pricing are all somewhat haphazard. Software development falls into the category of the services industry as opposed to the product industry—that is, a service is offered, and not a product. Many parallels can be drawn with similar Read More
Remote Control in Manufacturing—Entering Closed Environments Without Opening the Door
In manufacturing, it’s not uncommon to find environments either too dangerous or sensitive to allow unrestricted access. Remote control software opens the door,

type of inventory control  Control in Manufacturing—Entering Closed Environments Without Opening the Door In manufacturing, it’s not uncommon to find environments either too dangerous or sensitive to allow unrestricted access. Remote control software opens the door, boosting productivity without compromising the safety of workers or equipment. This paper shows how it can conserve time and effort, cut the travel budget, and up the pace of action, even where connectivity is limited. Read More
The Best of Both Worlds: Gain Flexibility through Multiple Models of Software Delivery
Lower IT costs, faster return on investment (ROI), and better security@just a few of the promises the software-as-a-service (SaaS) business model makes. SaaS

type of inventory control  Best of Both Worlds: Gain Flexibility through Multiple Models of Software Delivery Lower IT costs, faster return on investment (ROI), and better security—just a few of the promises the software-as-a-service (SaaS) business model makes. SaaS can help small-to-medium businesses manage customer service and support cost-effectively. But there are a few concerns to consider if you’re thinking of an on-demand service. A vendor that offers the best of both on-demand and on-premise solutions may be the Read More
SAP Remains One Of The Market’s Beacons Of Hope
On April 19, SAP announced upbeat results for Q1 2001, contradicting thereby the current market malaise. However, flat currency adjusted license revenue in the

type of inventory control  Remains One Of The Market’s Beacons Of Hope SAP Remains One Of The Market's Beacons Of Hope P.J. Jakovljevic - May 17, 2001 Event Summary On April 19, SAP AG (NYSE: SAP), the leading provider of business software solutions, announced its results for the quarter ended March 31, 2001. In Q1 2001, revenues increased 29% over the same period last year from EUR 1.2 billion to EUR 1.5 billion (See Figure 1). Net income in the quarter more than doubled (up 117%) to EUR 117 million compared to a year earlier Read More
Achieving Effective Inventory Management with Dynamics GP and RockySoft
Looking for a way to maximize the productivity and profitability of your inventory investment? Although good inventory management software is one key to an

type of inventory control  Effective Inventory Management with Dynamics GP and RockySoft Looking for a way to maximize the productivity and profitability of your inventory investment? Although good inventory management software is one key to an effective inventory management program, it must be implemented by a team that thoroughly understands the distributor’s needs and challenges. Learn about two solutions that, when combined, can lead you toward the goal of achieving effective inventory management. Read More
Lean Inventory by the Numbers
Getting lean is not a simple task; it requires an aggressive, iterative approach to examine complex tradeoffs. And given the number of variables that

type of inventory control  units (SKUs), performing this type of analysis without using the right tools can be daunting—if not impossible. Find out how a tool-based approach can make getting lean easier. Read More
CRM Selections: When An Ounce Of Prevention Is Worth A Pound Of Cure Part One: The CRM Selection Challenge
Two of the greatest challenges IT decision makers face when selecting a CRM package is first, having a comprehensive understanding of their functional and

type of inventory control  Selections: When An Ounce Of Prevention Is Worth A Pound Of Cure Part One: The CRM Selection Challenge Introduction Over the past two years it seems not a week has gone by without an editorial about a failed Customer Relationship Management (CRM) project. Many articles relate CRM failure to the absence and/or weakness of business objectives driving the CRM initiative. Although this is true, many projects fail due to a poor vendor selection procedure. Starting At The Beginning Of course software tools Read More
Justification of ERP Investments Part Three: Costs of Implementing an ERP System
Enterprise resource planning (ERP) implementation costs can be divided into one-time costs and ongoing annual costs. Both types of costs can be segmented into

type of inventory control  ongoing annual costs. Both types of costs can be segmented into hardware, software, external assistance, and internal personnel. *This is Part Three of a four-part article reprinted from Maximizing Your ERP System by Dr. Scott Hamilton. Bridging the theory and realities of current ERP systems, Maximizing Your ERP System provides practical guidance for managing manufacturing in various environments. Drawing on case studies from Dr. Scott Hamilton's first-hand experience in consulting with more than a Read More
Managing Inventory for Optimal Advantage: 10 Common Inventory Mistakes and How to Correct Them
If your company is “fighting fires” daily to meet customer demand, then you’re already losing customers and missing new sales. Today, business is conducted in

type of inventory control   Read More

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