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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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 maintenance cost calculation erp

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

ERP for the Utilities Industry

Utilities (gas, water, electricity, and energy) software is typically built off customer billing systems encompassing a suite of modules covering fleet management, maintenance management, GIS, AMR, financials, and human resources, among others. 

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Documents related to » maintenance cost calculation erp

Use a Computerized Maintenance Management System to Improve Predictive Maintenance Performance


Companies that have moved from a highly reactive environment to a more planned one notice significant improvement. A computer maintenance management or enterprise asset management system is useful tool to create a planned environment, help build accurate equipment history, and develop comprehensive analysis capability.

maintenance cost calculation erp  made improved use of maintenance staff less overtime needed to respond to emergencies less stress with a planned shutdown better yield and less scrap, waste, rework, etc. lower total cost of ownership of assets more predictable and stable production scheduling, so that customer responsiveness is improved For companies moving in the right direction, however, there''s still some uncertainty as to the optimal balance of reactive maintenance, preventive maintenance (PM), and predictive maintenance (PdM) for Read More

The Benefits of Next-generation ERP


Rapid changes in the market and in customer needs mean small to medium businesses (SMBs) must work harder to stay competitive. Setting and achieving goals in this economic environment is increasingly difficult. Upgrading to a next-generation enterprise resource planning (ERP) can be a way to manage change—and even benefit from it. Learn more about how to customize an on-demand ERP solution that’s right for you.

maintenance cost calculation erp  productivity, reduced networking and maintenance costs, better hardware utilization. Rich integration tools and technologies — Increased interoperability and collaboration, fast and easy integration with other systems. Visual customization tools and technologies — Platform for further expansions and development.   The overview Unity on Demand is an ERP suite specifically tailored for small and medium-sized enterprises that needs highly scalable and open solutions. It helps companies to build Read More

Supply Chain Cost-cutting Strategies


Process industries (chemicals, food and beverage, oil and gas, etc.) face rising manufacturing and logistics costs. And they’re finding that the old strategies for cost containment no longer pack the same punch. Some surveys show that 75 percent of all respondents are redesigning their supply chains to keep these costs in check. Are you one of them? No? You’ve got a lot of catching up to do—and very little time to do it.

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The Essential ERP - Its Genesis & Future


Knowing the history and evolution of ERP is essential to understanding its current application and its future developments. Each step in the evolution of ERP is built on the fundamentals and principles developed within the previous one.

maintenance cost calculation erp  one would discover that maintenance on a critical piece of equipment had been overlooked or that skilled production workers were unavailable. Therefore, planning of all manufacturing resources, other than materials and nominal capacity, became the 1st priority. MRPII - Connecting Manufacturing and Finance Once again the technology improved simultaneously with the realization that as every piece of inventory moved, finances moved as well. For example, if a part was received at the factory, not only should Read More

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.

maintenance cost calculation erp  routine and unscheduled equipment maintenance so as to provide uninterrupted work order process. Customer service management - Administers installed-base service agreements and checks contracts and warranties when customers call for help. The MRP systems of the late 1960s consisted of only two primary software modules: material requirements planning (MRP) and (infinite) capacity requirements planning (CRP). Over the next three decades and three generations of software, more functionality (including more Read More

ERP as a Living System: The Power of Community-Driven Product Enhancement


Today’s manufacturer is challenged by static enterprise resource planning (ERP) with annual complex upgrades. See how powerful change-on-demand capabilities allow companies to instantly align their ERP and business processes without a time-consuming IT effort. With a community-driven development approach, enhancements are driven by a community of users, and the system constantly improves in the exact way a user requires.

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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 can also be used to justify a 're-implementation' when the initial efforts have failed to produce desired results. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

maintenance cost calculation erp  efforts and duplicate data maintenance. The accounting applications are not closely coupled to the activities reported in production. The ERP system reflects an old version of the software package. Class D User . The formal ERP system is not used to run any part of the company, and might be running only in the management information system (MIS) function. Informal and parallel systems are being used to manage the business. Over the last twenty-five years, field surveys about ERP success indicate approxi Read More

Practical Guide to ERP for Recipe/Formula-based Manufacturers


Understanding the features, functions, and architecture of an enterprise resource planning (ERP) system best suited to your type of manufacturing will help you reevaluate your existing systems or replace your existing spreadsheet-based processes. This practical ERP guide for process manufacturers examines the functional capabilities of a process-oriented ERP system versus that of a discrete manufacturing-oriented ERP application.

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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 is a luxury—and a high-risk implementation. The key to successful implementation of an ERP system that will adapt to your needs is a strong ERP strategy. This report examines changing perceptions around ERP strategies, and how best-in-class companies develop and maintain them.

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The ERP Ecosystem


Three major parties (vendors, consulting services, and adopting organizations) are identified in the ERP ecosystem, in which different parties need different key success factors. This article also discusses some challenges that may have an impact on the ERP ecosystem.

maintenance cost calculation erp  ERP Ecosystem Considering the short life cycles of many things we experience these days, enterprise resource planning (ERP) has a long history, if we trace it back to the advent of inventory management and control systems in the 1960s. After forty years of development, ERP has grown to an industry with over $30 billion (USD) in application revenue (AMR Research, 2007), with an ecosystem that has grown to a mature level allowing every party within to function together, with all other factors of the Read More

Epicor ERP Software System (v. 9.05) for ETO Manufacturers ERP Certification Report


Epicor ERP Software System (v. 9.05) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for engineer-to-order (ETO) manufacturers in the ERP 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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Ross ERP (V 7.0.3) Is TEC Certified for Process Manufacturing ERP


TEC is pleased to announce that Ross ERP (V 7.0.3) by Aptean is now TEC Certified for process manufacturing enterprise resource planning (ERP). Ross ERP aims to address the unique needs of process manufacturers, such as complex inventory management (including the complexities around variable raw material inputs), backward and forward lot trace, recipes/process specifications, quality test results, product costing, and sales pricing/bracket pricing.

maintenance cost calculation erp  and project accounting); Manufacturing (maintenance management, materials requirements planning, process manufacturing, process planning; Distribution (data collection, inventory control, pricing and promotions, PO processing, sales order processing, contracts and chargebacks, customer portal; Traceability (through TraceExpress); Document Connect (valuable and simple document management, integration with SharePoint).   Ross ERP’s origins date back to 1972, when the company was founded by Ken Ross. The Read More

ERP in Manufacturing AXIS


Enterprise resource planning (ERP) provides a necessary infrastructure, along with the transactional detail and system of record that any manufacturing business needs. But ERP also enables streamlining and accelerating business processes—while providing visibility to those processes throughout the enterprise. This AXIS report looks at ERP solution providers from a market readiness and customer value derived perspective.

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ERP Trivia - Every Why Should Have Its Wherefore Part 1: ERP Trends


We take the liberty to comment on the findings of a report, which was recently released by a renowned research organization, and which pinpoints ERP implementations’ dissatisfactions in no uncertain terms.

maintenance cost calculation erp  is used because ERP maintenance and support encompasses not only technical support, but also the governance of business process models and business practices across business lines and business functions. Cost continues to be a concern for many companies. Implementation costs were found to be, on average, 25% over budget. Companies also underestimated support costs for the year following initial implementation by an average of 20%. In comparing the costs involved in supporting their pre- and post-ERP Read More