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Software Functionality Revealed in Detail
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 inventory 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

Help Desk for the Health Care Industry

Help Desk is an application for assisting and managing calls for support from computer users. It also includes computer and software inventory tracking along with technical support knowledge bases.  

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Documents related to » inventory balances

Cash Management 101


Cash management is an essential business process all organizations must perform to survive. Though cash management uses automation for much of the “grunt” work, it is human intelligence in the financial decision making that does the rest.

inventory balances  business, using the business's inventory as collateral. A factorer can be a vendor's representative as well, selling on commission. Factorers can also provide cash based on a business's future confirmed receivables. Their rates for lending money are usually higher than bank rates. Failing to manage business risks (e.g., making poor client choices, overextending credit to poor payers, under or overestimating product sales, etc.). Failing to keep personal money out of the company. It is essential to Read More

Data Conversion in an ERP Environment


Converting data in any systems implementation is a high wire act. Converting data in an ERP environment should only be undertaken with a safety net, namely a well thought-out plan of execution. This article discusses the guidelines for converting data when considering manual or electronic alternatives.

inventory balances  Pro's Con's Conventional Wisdom Inventory Balances Because of time criticality, not practical. Prone to error when time is essential. Since inventory balances must be current and accurate just prior to going live and time is critical, this option provides the most flexibility. Requires programming effort of a moderate nature. Of all the electronic conversion programs, this is one process companies cannot avoid. This is primarily due to the fact that inventory balances must be accurate just prior to going Read More

Inventory Planning & Optimization: Extending Your ERP System Part Two: How It Works


Organizations today realize that although strategies focusing on outsourcing transportation, e-business and new distribution models are important, these are all secondary in relation to what lies at the heart of any supply chain: INVENTORY. Although firms have invested significantly in ERP and MRP systems in the last decade, overall inventory levels within the extended supply chain remain relatively unchanged.

inventory balances  for each item of inventory at each location within an organization. Optimization balances supply to meet demand at the lowest possible cost (investment in inventory), using the least company resources, for a given service level, for each item at each site within the entire supply chain. This is Part Two of a three-part note. Part One contained an Executive Summary and discussed ERP Systems Today. Part Three will present the Business Case for implementing these solutions and detail The Bottom Line. Why 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.

inventory balances  help maintain inventory accuracy. Inventory Balances by Bin Many computer systems maintain only one inventory balance for each item in each warehouse. Sage MAS 500 allows users to maintain a separate inventory balance for an item in each bin location. Rather than reporting that 140 pieces of a model A100 widget are in a specific warehouse, the Sage MAS 500 distribution suite can maintain the following bin balances: 30 pieces of the item in bin C1-210-4. 90 pieces in surplus location X4-350-2 20 pieces in Read More

How Better Inventory Planning Can Unlock New Profit Potential for Distributors


Distributors increasingly play a value-added role in the supply chain. To remain competitive, they must rapidly react to the slightest changes in demand. But current forecasting techniques and the tools most distributors use don’t allow the needed long-term visibility. Discover how new solutions for demand planning can address the challenges of forecasting, and reduce obsolescence and the cost of inventory investment.

inventory balances  Better Inventory Planning Can Unlock New Profit Potential for Distributors Distributors increasingly play a value-added role in the supply chain. To remain competitive, they must rapidly react to the slightest changes in demand. But current forecasting techniques and the tools most distributors use don’t allow the needed long-term visibility. Discover how new solutions for demand planning can address the challenges of forecasting, and reduce obsolescence and the cost of inventory investment. Read More

Challenges and Future Plans of a Product Inventory Disposition Vendor


Despite FreeFlow's success at helping organizations regain some margin of profitability for excess inventory, the company still strives for expansion and improvement as a product inventory disposition vendor, with the aim of meeting international environmental regulations down the track.

inventory balances  Plans of a Product Inventory Disposition Vendor A product inventory disposition vendor that offers online auction portals where companies can sell their at-risk and excess inventory, FreeFlow aims to help companies improve their product life cycle profitability. The vendor also offers a comprehensive, inventory asset management suite to meet the needs of its customers. Zooming into an Inventory Free Flow Room for Expansion and Improvement Remains As seen thus far, FreeFlow's Internet-based bidding Read More

The Power of Inventory Control: How Integrated, Serialized Inventory Tracking Delivers a Competitive Advantage


Today’s manufacturers work hard to meet customer delivery schedules with quality parts while reducing costs. Those companies that can meet these demands can reduce work-in-process inventories and minimize production costs. But many fail at this due to inefficient material handling and inventory control. See how advanced ERP systems reflect the physical reality of the material handling process and can help you reduce inventory costs.

inventory balances  Power of Inventory Control: How Integrated, Serialized Inventory Tracking Delivers a Competitive Advantage Today’s manufacturers work hard to meet customer delivery schedules with quality parts while reducing costs. Those companies that can meet these demands can reduce work-in-process inventories and minimize production costs. But many fail at this due to inefficient material handling and inventory control. See how advanced ERP systems reflect the physical reality of the material handling process Read More

Inventory Management Technology Strategies for Distribution


Inventory has been—and continues to be—the lifeblood of the distribution marketplace. While many companies are slow to adopt new strategies and technologies, a growing number of distributors are leveraging inventory practices to improve key metrics like customer retention, gross margins, and inventory turns. Read these research survey findings to find out how you can make better inventory management technology decisions.

inventory balances  you to see what inventory is or will be available, organize work and align resources and labor to satisfy customer requirements, and optimize fulfillment and distribution processes to ensure that products are delivered on time and in full, each and every time. Source : Infor Resources Related to Inventory Management Technology Strategies for Distribution : Distribution (business) (Wikipedia) Inventory (Wikipedia) Inventory Management Technology Strategies for Distribution Inventory Management is also Read More

Is There a Smarter Way to Handle Excess Active and Obsolete Inventory?


Imagine the convenience of a 24x7 intranet marketplace where companies could sell off their inventory to the highest bidder. FreeFlow is one such business service provider, helping companies find buyers to sell their products to and increase inventory asset recovery.

inventory balances  Obsolete Inventory? Excess at-risk inventory ultimately impacts a company's bottom line. But because companies are more focused on the development and promotion of new products, the problem of excess inventory is seldom a priority. Companies often resort to high-overhead marketing promotions, rebates, or complete inventory write-offs to unload their excess inventory. Let the (Excess) Inventory Flow! Rather than falling back on these detrimental practices under duress, many have wondered whether there Read More

Passive RFID Solutions for Asset Tracking and Inventory Management


In the present context of business, it is becoming essential for the business world to provide electronic commerce in addition to their good old business model. An electronic commerce application adds lot of value to business models and helps overall growth in the different areas of business, business management, tracking, and customer support. Customers find it’s much easier to access the products and services of a corporation through an e-commerce application and corporations find it easier to reach their customers.

inventory balances  for Asset Tracking and Inventory Management In the present context of business, it is becoming essential for the business world to provide electronic commerce in addition to their good old business model. An electronic commerce application adds lot of value to business models and helps overall growth in the different areas of business, business management, tracking, and customer support. Customers find it’s much easier to access the products and services of a corporation through an e-commerce Read More

The Exacting Needs of Metal Service Centers


General enterprise resource planning (ERP) providers that are viable companies with a solid product, typically do not meet the dimensional inventory, chemical, and physical properties requirements that are vital to the metal service industry and material converter businesses.

inventory balances  metal products means that inventory information is critical, and only those experienced with the operations of metal service centers understand that their unique business requirements demand distinct software that can concurrently handle and track several inventory item attributes or specifications, such as heat, dimension (width, length, gauge), form, diameter, shape, grade, grain direction/texture, density, and more. The system must also be able to record and evaluate detailed information on chemical, Read More

How Inventory Optimization Can Increase Your Profitability


One of the largest expenses for distributors and wholesalers is stock. Many have difficulty finding the perfect balance between ensuring products are available when they’re needed and not holding too much inventory. So, how is it possible to increase profitability while lowering inventory costs? By exploiting an inventory optimization system, businesses increase automation and collaboration—allowing greater profitability.

inventory balances  Inventory Optimization Can Increase Your Profitability IBS is a world-leading supplier of business systems and supply chain management solutions to distribution and manufacturing companies. We generate measurable value by helping our customers utilize our solutions for distribution, warehouse control, manufacturing, supply chains and inventory management. Inventory optimization is the area where most ERP software implementations normally get the highest and fastest Return on Investment (ROI). Source: Read More

Blue Link Associates Limited


Blue Link Associates develops and delivers a fully integrated ERP software suite including inventory management, accounting, contact management, eCommerce integration, and many other modules and components. It services a wide range of clients in a variety of industries throughout Canada, the United States, and the Caribbean. 

inventory balances  ERP software suite including inventory management, accounting, contact management, eCommerce integration, and many other modules and components. It services a wide range of clients in a variety of industries throughout Canada, the United States, and the Caribbean. 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 characterize a distribution center (DC) and its constituent stock keeping 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.

inventory balances  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 characterize a distribution center (DC) and its constituent stock keeping 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