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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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 inventory control definition


Maple Leaf Farms Improves Inventory Control with WMS
As one of North America’s premier producers of duck products, Maple Leaf Farms knew the importance of delivering fresh, quality goods to its customers. But in

inventory control definition  Leaf Farms Improves Inventory Control with WMS Maple Leaf Farms Improves Inventory Control with WMS If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. VAI is an award winning software developer and an IBM Premier Business Partner. Founded in 1978, VAI is headquartered in Long Island, New York, with branch offices in Florida, California and Illinois. In conjunction with IBM, the company designs customer driven enterprise management soft

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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 » inventory control definition

Less Stock, More Profit: Inventory Optimization


Inventory optimization is the area where most enterprise resource planning (ERP) software implementations get the highest and fastest return on investment (ROI). However, many companies implementing an ERP solution don’t add a dedicated inventory optimization module. Learn how inventory optimization can offer companies huge potential to maximize the value of IT investments—and keep inventory levels at the right balance.

inventory control definition  needed to provide real-time inventory control and minimize paperwork. The Pharmaceutical industry needs ERP solutions that support large transaction volumes and automate purchasing and planning activities in order to react and meet constantly changing market requirements. Electrical component distribution In terms of sheer volume of SKUs, the electrical component distribution industry is among the highest. Some companies have more than 100,000 product lines. With this many SKUs, it is essential that the 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 the inventory and dollars flying out the door. There should be smarter ways of handling this problem.

inventory control definition  for American Production and Inventory Control Society , but recently renamed the Association for Operations Management ) defines carrying cost as follows: The cost of holding inventory, usually defined as a percentage of the dollar value of inventory per unit of time (generally one year). Carrying cost depends mainly on the cost of capital invested as well as such costs of maintaining the inventory as taxes (based on the value of inventory on hand at a particular time) and insurance, obsolescence, Read More

Supply Chain Visibility Excellence: Fostering Security, Resiliency, and Efficiency


The increased complexity of global supply chains has led to longer lead time, more pipeline inventory, and the need to control downstream and upstream logistics. Growing supply chain complexity is a top business pressure, contributing to increased supply chain management costs. This report focuses on gaining visibility into critical elements across the end-to-end logistics network for improving cost and service.

inventory control definition  lead time, more pipeline inventory, and the need to control downstream and upstream logistics. Growing supply chain complexity is a top business pressure, contributing to increased supply chain management costs. This report focuses on gaining visibility into critical elements across the end-to-end logistics network for improving cost and service. 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 control definition  Warehouse Inventory Management , Inventory Control Management , Purchasing Inventory Management , ERP Inventory Management , Inventory Management Cycle Counting , Sage ERP Software , Warehouse Management Systems , WMS Warehouse Management , Business Software Solutions , Software Provider Management Solutions , MAS 500 Accounting Solutions , Sage Mas 500 Erp Management , First-In First-Out FIFO Software , Last-In First-Out LIFO Software , Inventory Performance Analysis , Inventory Management Sage Read More

Network Access Control (NAC): Planning a Successful Rollout and Implementation


With the emergence of network access control (NAC) technologies, network administrators now have tools to gain critical network understanding. NAC solutions can contribute significantly to an organization’s business objectives by automatically enforcing network and security policies, preventing network downtimes, maintaining network integrity, and meeting compliance regulations. With this in mind, it’s important to look at what NAC implementations actually require.

inventory control definition  Access Control (NAC): Planning a Successful Rollout and Implementation With the emergence of network access control (NAC) technologies, network administrators now have tools to gain critical network understanding. NAC solutions can contribute significantly to an organization’s business objectives by automatically enforcing network and security policies, preventing network downtimes, maintaining network integrity, and meeting compliance regulations. With this in mind, it’s important to look at Read More

Effective Inventory Analysis


For many distributors, inventory is the largest and perhaps the most important asset. Inventory ties up more money than buildings or equipment, and is often less “liquid.” It is crucial, then, that distributors develop and use a comprehensive set of tools that allows close monitoring of the performance of inventory investments. Read more about simple measurements that can help you maximize your investment in inventory.

inventory control definition  Inventory Analysis For many distributors, inventory is the largest and perhaps the most important asset. Inventory ties up more money than buildings or equipment, and is often less “liquid.” It is crucial, then, that distributors develop and use a comprehensive set of tools that allows close monitoring of the performance of inventory investments. Read more about simple measurements that can help you maximize your investment in inventory. Read More

Estimating the Financial Benefits of Vendor Managed Inventory (VMI)


Vendor-managed inventory provides a streamlined approach to inventory management and order fulfillment based on collaboration between suppliers and their customers (e.g. distributor, OEM, or product end-user) linking the supplier directly to actual customer demand. This white paper presents guidance on how to quantify the cost savings and benefits that accrue from VMI.

inventory control definition  Benefits of Vendor Managed Inventory (VMI) Vendor-managed inventory provides a streamlined approach to inventory management and order fulfillment based on collaboration between suppliers and their customers (e.g. distributor, OEM, or product end-user) linking the supplier directly to actual customer demand. This white paper presents guidance on how to quantify the cost savings and benefits that accrue from VMI. Read More

Effective Inventory Analysis: the 5 Key Measurements


The white paper effective inventory analysis isolates and walks you through five simple measurements that will help you ensure you are maximizing t...

inventory control definition  Inventory Analysis: the 5 Key Measurements As a distributor or manufacturer, how do you stack up when it comes to monitoring the performance of one of your largest investments: your inventory? Computer-generated reports can be more of a hindrance than a help—many systems produce so many reports, you can drown in them. Measurements that evaluate inventory performance? There are literally hundreds of them, so which ones tell you what you really need to know? The white paper Effective Inventory Ana Read More

The VMTurbo Cloud Control Plane: Software-driven Control for the Software-defined Data Center


The software-defined data center has the potential to extend the agility, operational, and capital benefits of virtualization throughout the data center stack. This paper outlines the need for software-driven control—the intelligence or “control plane” that can take advantage of the new software-defined capabilities, enabling enterprises and service providers to achieve the true potential of software-defined flexibility.

inventory control definition  VMTurbo Cloud Control Plane: Software-driven Control for the Software-defined Data Center The software-defined data center has the potential to extend the agility, operational, and capital benefits of virtualization throughout the data center stack. This paper outlines the need for software-driven control—the intelligence or “control plane” that can take advantage of the new software-defined capabilities, enabling enterprises and service providers to achieve the true potential of software-defined Read More

Fixed Asset Inventory Best Practices


Asset management cannot be successfully implemented by your accounting department alone (or any other single department). That’s why you should be on top of today’s asset management climate and the tools available to improve controls. Learn about approaches that are getting results, and find out what doesn’t work (and why). Finally, get the lowdown on best practices which have proved both effective and durable.

inventory control definition  Asset Inventory Best Practices Asset management cannot be successfully implemented by your accounting department alone (or any other single department). That’s why you should be on top of today’s asset management climate and the tools available to improve controls. Learn about approaches that are getting results, and find out what doesn’t work (and why). Finally, get the lowdown on best practices which have proved both effective and durable. Read More

Case Study: Enterprise Cost Control Simplifies the Complex


Wellman Thermal, a make-to-contract (MTC) manufacturer of boilers and industrial furnaces, needed an information system to record actual costs and allocate resources for each project from beginning to end. It also wanted help forecasting the outcome of individual projects. The system Wellman implemented allows the company better control of factory capacity planning and high visibility into operations. Get the details.

inventory control definition  Study: Enterprise Cost Control Simplifies the Complex Wellman Thermal, a make-to-contract (MTC) manufacturer of boilers and industrial furnaces, needed an information system to record actual costs and allocate resources for each project from beginning to end. It also wanted help forecasting the outcome of individual projects. The system Wellman implemented allows the company better control of factory capacity planning and high visibility into operations. Get the details. Read More

Inventory Pro: Efficient Inventory Management Solution




inventory control definition  Pro: Efficient Inventory Management Solution Read More

Active RFID Solutions for Asset Tracking and Inventory Management


Radio frequency identification (RFID) technology is fast replacing ScanCode technology in asset tracking and inventory management. Traditionally, asset tracking and inventory management in retail supply chain or manufacturing or service units depended heavily on manual scanning of bar code printed on each item at every strategic point. This white paper focuses on details of RFID technology and how you can automate asset tracking and inventory management of your enterprise using it. The white paper takes aid of a case study on how FicusSoft has developed and successfully implemented RFID integrated asset tracking and inventory management solutions for a reputed manufacturer of ultra-sensitive instruments used in the field of biotechnology and pharmaceutical research.

inventory control definition  for Asset Tracking and Inventory Management Radio frequency identification (RFID) technology is fast replacing ScanCode technology in asset tracking and inventory management. Traditionally, asset tracking and inventory management in retail supply chain or manufacturing or service units depended heavily on manual scanning of bar code printed on each item at every strategic point. This white paper focuses on details of RFID technology and how you can automate asset tracking and inventory management of your Read More

Network Access Control (NAC): Planning a Successful Rollout and Implementation


With the emergence of network access control (NAC) technologies, network administrators now have tools to gain critical network understanding. NAC solutions can contribute significantly to an organization’s business objectives by automatically enforcing network and security policies, preventing network downtimes, maintaining network integrity, and meeting compliance regulations. With this in mind, it’s important to look at what NAC implementations actually require.

inventory control definition  Access Control (NAC): Planning a Successful Rollout and Implementation With the emergence of network access control (NAC) technologies, network administrators now have tools to gain critical network understanding. NAC solutions can contribute significantly to an organization’s business objectives by automatically enforcing network and security policies, preventing network downtimes, maintaining network integrity, and meeting compliance regulations. With this in mind, it’s important to look at Read More