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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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 accurate inventory tracking system stock balances


How to Keep Stock Balances Accurate
Distributors must ensure the quantity of products shown to be available in their software system agrees with what is physically in their warehouses. If it doesn

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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

Merchandising Systems

Merchandising systems are the enterprise back and front-office software solutions upon which the majority of retailers rely to manage and support their daily tasks. These systems typically record product performance, which allows buyers to purchase merchandise according to that information and to make accurate merchandise decisions. Moreover, retail systems have capabilities for tracking inventory, capturing sales data, and managing retail prices. 

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Documents related to » accurate inventory tracking system stock balances

Essential ERP - Its Functional Scope


ERP applications are designed to optimize an organization's underlying business processes - accounting/financial, manufacturing, distribution, and human resources/payroll.

accurate inventory tracking system stock balances  engineering level to ensure accurate updated product information. It involves bills of materials & routings creation, engineering change management, etc. Shop floor control - Provides control and tracking of the status of production orders in the plant. It involves production orders dispatching, capacity planning, resource allocation, production tracking & reporting, waste/reject tracking, etc. Procurement management - Controls purchasing of raw materials needed to build products. Manages inventory Read More

Case Study: Western Electronics


As a contract manufacturer, Western Electronics makes assemblies for its customers. This translates into a huge volume of data being exchanged—and an exponentially greater number of engineering changes to manage. The company was challenged to take control over its processes—especially bill of materials (BOM) management—and lead its customers into following best practices. With its new change management solution, the company is confident it has an accurate history and the latest revisions.

accurate inventory tracking system stock balances  that we’ve got an accurate history, the latest revisions and the right documentation,” said Manfull. “The structure helps our customers in the long run, even though at the time, they may feel like we’re requiring them to be more disciplined about their approach to making changes and sharing them with us. It has helped us build very strong, long-lasting relationships with our customers.” Arena Helps Improve Visibility “As we look at our profits and losses at the end of each month, we see that 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 challenges, combined with customer demands for product availability, can conflict with operational goals of increasing inventory turnover and minimizing costs. However, business automation software can deliver sophisticated distribution capabilities designed to help you with these important business issues.

accurate inventory tracking system stock balances  other elements necessary for accurate inventory forecasting: Trends: The popularity of products changes over time. Sage MAS 500 allows users to specify that usage in a particular product line and/or warehouse is increasing or decreasing over time. The typical forecasting methods used in other distribution suites, including rolling averages and exponential smoothing, lack flexibility and may not forecast demand with the accuracy that today's distributors require. Known Future Changes in Usage: Read More

Intuitive Manufacturing Systems Shows Maturity in Adolescent Age Part Two: Market Impact


Intuitive is one of the vendors that have long attempted to mitigate the actual and perceived barriers to enterprise resource planning (ERP) acceptance by smaller enterprises.

accurate inventory tracking system stock balances  by performing fast and accurate closing, job costing, and financial reporting. The planning capabilities are more than worth mentioning, given their intuitiveness while solving quite intricate situations on the fly (i.e., on demand, rather than overnight). The user can fairly easily analyze material requirements with graphical pegging information and make delivery commitments on the fly with dynamic available-to-promise (ATP) and capable-to-promise (CTP) tools. The Visual Order Pegging module, which Read More

Warehouse Management Systems: Pie in the Sky or Floating Bakery?Part Two: The Pareto Principle, Processes, and People: Assessing Your Warehouse Management System Needs


To ensure your warehouse management system is implemented as painlessly as possible, you must assess your warehouse situation before you decide on a warehouse solution. Using the Pareto Principle, where a minority of inputs yields the majority results; examining your processes; evaluating your personnel; monitoring the progress of implementation; and testing are the best ways to ensure both a successful launch and long term return on investment.

accurate inventory tracking system stock balances  any. d . Keep accurate records of what you test. You want to make sure you don't miss something because it did not work correctly. If you test your system and it fails, it needs to be retested. Getting Your Pie when Selecting and Implementing a WMS System You and only you know all of the intricacies of your organization. However, bringing in a consultant to help answer some of the questions and separate fiction from fact is always a good idea. It can allow you to separate the fiction from the fact. Pay Read More

PBX Phone System Buying Guide


PBX phone systems (private branch exchange) have many advantages for businesses of any size. In a hosted setup, the customer just signs up for a service, rather than buying and maintaining expensive hardware. In addition to basic phone features, PBX phone systems offer other features such as customized abbreviated dialing, direct inward system access, follow-me calling, and shared message boxes. This guide gives a brief overview to the points to consider when purchasing a PBX phone system.

accurate inventory tracking system stock balances  PBX phone systems,private branch exchange,choosing a PBX phone system,hosted PBX phone system,PBX Read More

Unlocking Working Capital: Best Practices for Reducing Inventory


Two-thirds of the 400 survey participants in a 2007 Aberdeen report about inventory management place a high priority on working capital optimization. Many companies are reconsidering their business strategies, including implementing appropriate technology platforms that help automate supply chain processes. Learn about cost-effective and practical ways to reduce inventory so that working capital can be released.

accurate inventory tracking system stock balances  Working Capital: Best Practices for Reducing Inventory Two-thirds of the 400 survey participants in a 2007 Aberdeen report about inventory management place a high priority on working capital optimization. Many companies are reconsidering their business strategies, including implementing appropriate technology platforms that help automate supply chain processes. Learn about cost-effective and practical ways to reduce inventory so that working capital can be released. Read More

Best Practices in Demand and Inventory Planning for Chemical Companies


Supply chain planning involves functions such as demand forecasting and planning, distribution inventory planning, and plant capacity planning and scheduling. The right mix of strategy, education, and systems can have a very high impact on a manufacturer’s overall operations—and ultimately its bottom line. Understand how supply chain functions such as demand and inventory planning can positively impact your company.

accurate inventory tracking system stock balances  Practices in Demand and Inventory Planning for Chemical Companies Supply chain planning involves functions such as demand forecasting and planning, distribution inventory planning, and plant capacity planning and scheduling. The right mix of strategy, education, and systems can have a very high impact on a manufacturer’s overall operations—and ultimately its bottom line. Understand how supply chain functions such as demand and inventory planning can positively impact your company. Read More

Why You Should Take a Hard Look at Your ERP System: Dynamo, Dinosaur, or Difficulty on the Horizon?


Is your business running as well as it should be? Your ERP system may be the dynamo it was intended to be, but if it has become outdated or outrageously expensive to operate—a dinosaur or a devil in the making—chances are it is doing more harm than good in today’s increasingly global world. Regardless of your business or industry, the time has come to examine your ERP system dispassionately. Know what needs to be considered.

accurate inventory tracking system stock balances  ERP system assessment,ERP system status,total cost of ERP system,ERP system requirements,ERP system scope,ERP process review,ERP software selection Read More

Phone System Buying Checklist


Download this checklist of items to consider before you purchase a new phone system for your business. Ideally, you should answer yes to each of these questions before you buy!

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A CRM System Needs A Data Strategy


A customer relationship management (CRM) system is inherently valuable for supporting customer acquisition and retention by gathering data from each contact with customers and prospects. Collecting data, however, cannot be isolated from a strategy for actually using that data. Here is an overview of how to evolve the focus of a data strategy to specifically suit both the acquisition and retention phases.

accurate inventory tracking system stock balances   Read More

OutStart TrainingEdge.com Learning Management System Certification Report


The OutStart product TrainingEdge.com is now TEC Certified for online evaluation of learning management systems in the Human Capital Management (HCM) 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 in-depth analyst commentary.

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Inventory Pro: Efficient Inventory Management Solution




accurate inventory tracking system stock balances  Pro: Efficient Inventory Management Solution Read More