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ERP Systems Buyer’s Guide
The implementation of an enterprise resource planning (ERP) system to automate business processes is a strategic investment. Buying the right system and

forecasting accuracy assessment erp  cycle, including planning, budgeting, forecasting costs and revenues, managing issues and change requests, and tracking project status and performance. It also has a central repository that maintains and categorizes all project-related files and documents that can be timely accessed. Supply Chain Management (SCM) : SCM is the largest ERP module in terms of business functionalities, and it is often adapted to meet the needs of specific industries. In general, SCM improves the flow of materials throughout Read More...
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

forecasting accuracy assessment erp  Part One: Identifying and Forecasting Demand ). In this process too, little time is afforded to the continuous assessment and disposition of excess active inventory, which comes from the ever-quicker pace of new product introduction that drives constant product turnover. Further, the rate of customer returns—reportedly up to 20 percent in consumer electronics—results in returned and refurbished inventory. Industry estimates of inventory excess in the high-tech sector alone reportedly approaches $2 Read More...
Case Study: Peerless Pump
Peerless Pump has been designing, engineering, and manufacturing pumps for more than 80 years. The company was basing component stock levels on historical data,

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TEC''s Mid-market ERP-Distribution Buyer’s Guide
Midsize manufacturers and distributors now have access to an array of powerful software solutions that simply weren’t available before. But with so many choices

forecasting accuracy assessment erp  with increasing use of forecasting and marketing expected in the near future. The company will also soon turn NetSuite into its front end for its global service program, which it hopes will avoid hundreds of telephone calls per year. Less than one year on NetSuite, the company has already expanded its use of the system. We have started to look into on-line sales and inventory management with our authorized service dealers, and being able to process credit cards from NetSuite has simplified our cash Read More...
Outsourcing Supply Chain Planning Processes
Supply chain planning tools deliver potentially tremendous savings when well implemented, and wreak havoc when they fail. A company considering an outsourcing

forecasting accuracy assessment erp  have become strategically important. Forecasting, scheduling, and planning tools linked to transactional data in enterprise requirements planning (ERP) systems can have dramatic impacts on customer service levels, inventory costs, production costs, throughput, and administrative costs. When the solution is well designed and well implemented, the impossible becomes possible. Finished goods inventory turns can rise while service levels improve, throughput can increase while work in process falls, and Read More...
Justification of ERP Investments Part Four: Replacing or Re-implementing an ERP System
An investment analysis focusing on enterprise resource planning (ERP) benefits frequently applies to those firms initially justifying an ERP implementation. It

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Sage ERP X3 (v. 6) for Mixed-Mode Manufacturing ERP Certification Report
Sage ERP X3 (v. 6) is TEC Certified for online evaluation of mixed-mode manufacturing enterprise resource planning (ERP) solutions in the ERP Evaluation Center.

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2011 Trends Report: Enterprise Resource Planning (ERP)
Enterprise resource planning (ERP) automates many aspects of an organization’s operations, cascading across traditional boundaries of operations, finance

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Epicor ERP Software System (v. 9.05) for Discrete Manufacturing ERP Certification Report
Epicor ERP Software System (v. 9.05) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for discrete manufacturers in

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Sage 500 ERP for Discrete Manufacturing ERP Certification Report
Sage 500 ERP (formerly Sage ERP MAS 500) is TEC Certified for online evaluation of discrete manufacturing enterprise resource planning (ERP) solutions in the

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A Guide to Selecting the Right ERP Partner
Enterprise resource planning (ERP) systems enable organizations to reduce costs, become easier for customers to do business with, and manage growth expectations

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Glovia G2 for Discrete Manufacturing (ERP) Certification Report (2011)
Glovia G2 is TEC Certified for online evaluation of discrete manufacturing enterprise resource planning (ERP) solutions in the ERP Evaluation Center. The

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Sage ERP X3
Sage ERP X3 provides medium-sized businesses with fully integrated functionality in all areas of business for accounting and financial management, purchasing

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Changing Perceptions on ERP Strategy
Enterprise resource planning (ERP) is designed to be the system of record for operating and managing a business. But there''s still a common perception that ERP

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The Path to ERP for Small Businesses, Part 3: Selection of ERP Software
The third and final part of the path to ERP for small businesses series describes the software selection stage, including the dos and don’ts during vendor

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