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Engineer-to-Order (ETO 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 or...
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Documents related to » order inventory


19 Steps to Maintain an Accurate Inventory What You Must Know About Your Inventory
It takes $2,500 in new sales to make up $100 in lost inventory, assuming a 4 percent return. Keeping an orderly warehouse with up-to-date processes and informed

order inventory  away. Pretty soon, an order will be picked incorrectly, and an item will be put in the wrong box at the packing station, and then we wonder why our inventory is so inaccurate. Remember what I said earlier: People do what you inspect and not what you expect. If your warehouse supervisor can''t hold your people accountable for keeping the warehouse clean, it will not be realistic to expect an accurate inventory. Develop a simple aisle maintenance sheet that includes removing empty boxes, checking for 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

order inventory  and promotional items, bigger order sizes due to volume-based discounts, consignment inventories, returned goods, and so on. To rub salt into the wound, excess active inventory is arguably the most difficult life cycle category to get rid of. If it is still on the original equipment manufacturing (OEM) company''s price list, it is often contractually price-protected, and creating channel conflict by selling off discounted inventory to competing wholesalers is categorically not an option. In addition to Read More...
Capitalizing on Advanced Inventory Management
Today’s distributors have an opportunity to drive performance to new levels by investing in advanced inventory management. These companies can expect to

order inventory  on customers, product trends, order history, and ways to improve inventory forecasting. Says Glenn, Previously, when a customer wanted to know about past orders, someone would have to literally dig through paper files to locate the right information. Now with Infor ERP FACTS, comprehensive customer records are just a point and click away. Infor ERP FACTS Warehouse Management has enabled us to process orders more quickly, provide better customer service, and improve our cash flow, positioning us to Read More...
Using Inventory Optimization to Reduce Inventory Levels in a Lean Environment
Small and medium businesses (SMB) need to address inventory challenges by using a tightly integrated approach that reflects the dynamics of the extended supply

order inventory  closely as possible in order to keep customers satisfi ed and drive profits. Inventory control is a key aspect of almost every business. The Challenge Inventory management is a fundamental requisite to supply chain optimization. The processes and controls of effective inventory management are critical to any successful business. Since it is rarely the case that any business has the luxury of unlimited capital, inventory management involves important decisions about what to buy or produce, how much to Read More...
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)

order inventory  Optimization Tools | Inventory Order | Inventory Planning | Inventory Planning and Optimization | Inventory Policy Optimization | Inventory Problem | Inventory Problems | Inventory Process | Inventory Processes | Inventory Production | Inventory Program | Inventory Programs | Inventory Project | Inventory Purchasing | Inventory Scheduling | Inventory Service | Inventory Services | Inventory Simulation | Inventory Software | Inventory Software Solution | Inventory Solution | Inventory Solutions | Read More...
How to Optimize Your Inventory and Free Your Capital
Inventory optimization enables companies to improve the performance of both the supply and maintenance functions. Your inventory optimization solution should

order inventory  adjust stock holdings and reordering points on an ongoing basis. Find out how inventory optimization can help you reduce downtime and increase productivity. BEGINLYX 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.

order inventory  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 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

order inventory  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...
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

order inventory  items. Demand planning In order to achieve inventory optimization, companies need to ensure they can provide accurate Demand Forecasting. There are two principles of forecasting that companies can carry out to achieve this. Statistical forecasting provides an accurate report on previous selling volumes and patterns. While this is useful information, it cannot deliver true inventory optimization because very few supply chains are consistent year on year and this leads to inaccurate forecasting data. For Read More...
Managing Inventory for Optimal Advantage: 10 Common Inventory Mistakes and How to Correct Them
If your company is “fighting fires” daily to meet customer demand, then you’re already losing customers and missing new sales. Today, business is conducted in

order inventory  Inventory for Optimal Advantage: 10 Common Inventory Mistakes and How to Correct Them If your company is “fighting fires” daily to meet customer demand, then you’re already losing customers and missing new sales. Today, business is conducted in real time, which requires flexibility and responsiveness. It’s these two attributes—along with reduced costs—that are the most beneficial in managing for optimal inventory levels. Find out how you can better plan and manage your inventory for 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

order inventory  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 Read More...
Zooming into an Inventory Free Flow
FreeFlow, a provider of business services with a patented technology, aims to help companies improve product life cycle profitability by providing a unique

order inventory  receipt of a purchase order (PO) and payment, the inventory will be dispatched from the strategic partner''s facility via its carrier. Standard freight fees apply to all dispatches from the partner''s facility, with the buyer absorbing freight costs. All new users (in this case prospective buyers) must open an account with FreeFlowAuctions, which is a fairly simple process. All it requires is filling in a few customary details (company name, address, e-mail address, etc.), and each applicant can decide its Read More...
The New Mobile Order
IT is feeling the pressure to allow users to access sensitive corporate data via their personal mobile phones. Employees want the flexibility to use

order inventory  New Mobile Order IT is feeling the pressure to allow users to access sensitive corporate data via their personal mobile phones. Employees want the flexibility to use applications such as enterprise resource planning (ERP), customer relationship management (CRM), e-mail and instant messaging not only from within the workplace, but at any time from any device. Yet, with network security and customer privacy at stake, IT has been slow to bow. Read More...

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