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Small Business Software (SBS)
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 inventory cycle counting 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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Demand Management RFI/RFP Template

Promotion Planning, Pricing and Profit Optimization, Forecasting, Merchandise Planning, Life Cycle Planning, Consensus Planning,Collaborative Planning, Sales and Operations Planning (S&OP), Ven... Get this template

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Small Business Software (SBS)
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The Small Business Software (SBS) evaluation model targets functional requirements for fully featured solutions designed to support all business requirements of a typical small business. Extending ...

Documents related to » inventory cycle counting stock balances

ERP and WMS Co-Existence: When System Worlds Collide


You are currently using enterprise resource planning (ERP) software. You want to improve your warehouse management and operations and are considering a warehouse management system (WMS) solution. However, there is significant overlap between ERP software and a WMS regarding inventory-related functionality. Read on to learn about some of the considerations and decisions that need to be made to ensure that the maximum benefits are obtained from each software solution.

inventory cycle counting stock balances  consolidation, and stock locator. Inventory control and management includes physical and cycle counting and intra and inter-warehouse transfers. It is a general rule of thumb that a software solution that focuses on one discipline is better at supporting the single discipline as opposed to software supporting multiple disciplines. This is why you look to a WMS to satisfy these miscellaneous processes. A prime benefit of a WMS is suggested inventory movements and consolidations to increase warehouse 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 cycle counting stock balances  subject to tax. Physical inventory and cycle counting. The more material in the warehouse, the longer it takes to count. Inventory shrinkage and obsolescence. The more material in the warehouse, the higher the possibility of shrinkage and obsolescence. If the material is not there, it is harder to steal! Opportunity cost of the money invested in inventory. How much could the company make if the money being invested in inventory were placed in a more traditional investment (such as treasury bills)? Read More

Product Life Cycle Management (PLM) in ProcessPart 3: Process PLM Requirements


A Process PLM system must accommodate rapid, global deployment of the system. This need drives specific requirements to minimize both the start-up and the long-term cost of ownership of the system. This article, third in a series details those requirements.

inventory cycle counting stock balances  the investment in redundant inventory. Centralized, Integrated Project and Product Information Since the development of a new product or the revision of an existing product is conducted as a project, the PLM system must provide project management capabilities designed for the needs of PLM, for example automating the stage-gate processes common in product development processes. Much of the benefits of a PLM system come from synchronizing the business process that companies use across departments and Read More

The ERP Life Cycle: From Birth to Death and Birth Again


The enterprise life cycle is often misunderstood, which can lead to complications during the selection, implementation, and maintenance phases. Knowing what to expect during each phase will allow an enterprise to get better money for value from the solution.

inventory cycle counting stock balances  ERP Life Cycle: From Birth to Death and Birth Again Introduction I've seen the ebb and flow of enterprise resource planning (ERP) from the vendor point of view for sixteen years. I've often discovered that people have a hard time grasping what comprises the cycle. A few months ago I had a creative flash, and decided we could tell our story visually with an ERP life cycle graphic. figure 1 Figure 1: ERP Life Cycle I chose the names of each phase carefully, along with the brief explanations. In this Read More

Champion Plastics Reduces Inventory by One-third and Scheduling Time by One-half; Moves into New Market


With a new account on the line, Champion Plastics, Inc., couldn’t afford any missteps, especially with its electronic data interchange (EDI), so it decided to shop for a new system. The company was not initially looking for a full enterprise resource planning (ERP) system, but its method of inventory control was a high hurdle. Find out why Champion Plastics opted for cloud ERP and how it improved operational efficiency.

inventory cycle counting stock balances  Plastics Reduces Inventory by One-third and Scheduling Time by One-half; Moves into New Market With a new account on the line, Champion Plastics, Inc., couldn’t afford any missteps, especially with its electronic data interchange (EDI), so it decided to shop for a new system. The company was not initially looking for a full enterprise resource planning (ERP) system, but its method of inventory control was a high hurdle. Find out why Champion Plastics opted for cloud ERP and how it improved Read More

Inventory Management Report: Driving the Fastest ROI for the Mid-market


Large enterprises have different warehouse management and inventory management needs than do small and mid-market companies. Find out about the key factors to success for mid-market companies, identify big-picture trends and needs that can help you overcome barriers to enjoy inventory management as a true strategic advantage—and learn about an inventory management solution specially designed for the mid-market.

inventory cycle counting stock balances  different warehouse management and inventory management needs than do small and mid-market companies. Find out about the key factors to success for mid-market companies, identify big-picture trends and needs that can help you overcome barriers to enjoy inventory management as a true strategic advantage—and learn about an inventory management solution specially designed for the mid-market. Read More

Getting Business Requirements Right: Fixing the Highest-leverage Stages in the System Development Life Cycle


The later in the system development life cycle (SDLC) major errors are discovered, the more expensive it is to fix them. In fact, errors in released software are up to 80 times more expensive to fix than defects in the specification stage. That’s why you should adopt a methodology that brings the early stages of the SDLC up to a high level of maturity, in a way that’s consistent, proven, and optimized for success.

inventory cycle counting stock balances  Business Requirements Right: Fixing the Highest-leverage Stages in the System Development Life Cycle The later in the system development life cycle (SDLC) major errors are discovered, the more expensive it is to fix them. In fact, errors in released software are up to 80 times more expensive to fix than defects in the specification stage. That’s why you should adopt a methodology that brings the early stages of the SDLC up to a high level of maturity, in a way that’s consistent, proven, and Read More

Grocery Chain Gains Productivity and Information Visibility for Better Inventory Control




inventory cycle counting stock balances  Information Visibility for Better Inventory Control 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 cycle counting stock 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

Taking Stock of TAKE Supply Chain Solutions - Part 3


Part 1 of this blog series introduced TAKE Supply Chain, a supply chain management (SCM) division of TAKE Solutions, Ltd. The parent TAKE Solutions is a global technology solutions and service provider, which focuses on two principal business areas – life sciences and SCM (the company is listed on the Indian Stock Exchange). My first post described TAKE Supply Chain’s

inventory cycle counting stock balances  Supply Chain solutions for inventory management, electronic lot control, drop-ship management, supplier collaboration, product returns, and so on and so forth. In addition to its own Agile Warehousing module (mentioned in Part 2) , with Gemini for Oracle, TAKE Supply Chain can also leverage WMS capabilities within Oracle, such as defined warehouses and picking policies. Gemini for Oracle offers transactions that combine separate standard Oracle MSCA or WMS transactions into one easy step, such as from Read More

Furniture Manufacturer Improves Inventory Accuracy by 85 Percent with RFID-capable WMS


Fraenkel Company is an employee-owned manufacturing distributor of household furniture and related products and services. The company created a sophisticated in-house ERP system in the early 1990s. However, homegrown software can be unwieldy to maintain and difficult to upgrade. In 2001, Fraenkel saw a solution that offered more advanced capabilities, and implemented VAI’s S2K Enterprise Edition for Manufacturing.

inventory cycle counting stock balances  Manufacturer Improves Inventory Accuracy by 85 Percent with RFID-capable WMS Fraenkel Company is an employee-owned manufacturing distributor of household furniture and related products and services. The company created a sophisticated in-house ERP system in the early 1990s. However, homegrown software can be unwieldy to maintain and difficult to upgrade. In 2001, Fraenkel saw a solution that offered more advanced capabilities, and implemented VAI’s S2K Enterprise Edition for Manufacturing. Read More

Cost Benefits of Complete Change Life Cycle Management for PeopleSoft


In hard economic times, IT organizations can maintain operational excellence and sustain service quality while still reducing costs. Achieving this objective involves at least three aspects of application management: managing change, managing technical performance, and managing user performance. Learn more about managing the change process in your PeopleSoft environment, and the value of an integrated change solution.

inventory cycle counting stock balances  Benefits of Complete Change Life Cycle Management for PeopleSoft In hard economic times, IT organizations can maintain operational excellence and sustain service quality while still reducing costs. Achieving this objective involves at least three aspects of application management: managing change, managing technical performance, and managing user performance. Learn more about managing the change process in your PeopleSoft environment, and the value of an integrated change solution. Read More

Case Study: How Novelis Slashed Inventory by Eight Million Pounds


Novelis is the world leader in aluminum rolling and beverage can recycling. Novelis produces advanced aluminum sheet and foil products for customers in high-value markets, including automotive, transportation, packaging, construction, and printing. Find out how scheduling technology improved some of its most important key performance indicators (KPIs).

inventory cycle counting stock balances  Study: How Novelis Slashed Inventory by Eight Million Pounds Novelis is the world leader in aluminum rolling and beverage can recycling. Novelis produces advanced aluminum sheet and foil products for customers in high-value markets, including automotive, transportation, packaging, construction, and printing. Find out how scheduling technology improved some of its most important key performance indicators (KPIs). Read More

Product Life Cycle Management (PLM) in Process Part 2 Process PLM Motivation


This part of the series on Product Life Cycle Management in Process explores the business motivations by review business strategies.

inventory cycle counting stock balances  quality and lower overall inventory investment. Design for Manufacturability - Total production cost can be optimized through comprehensive product design that includes production issues. Increasing Return on Assets The return on assets objective requires the intelligent and effective use of those assets. Where a product is produced impacts the return on manufacturing assets. The selection of the internal or external plants requires an understanding of the production needs of the product, the production Read More