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Software Functionality Revealed in Detail
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 production inventory


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

production inventory  including those associated with production and storage of inventories. Inventory control is typically a key aspect of almost every manufacturing and/or distribution operation business. The ultimate success of these businesses is often dependent on its ability to provide customers with the right goods, at the right place, at the right time. The right goods are those that the customer wants; the right place is your available inventory, not the supplier's warehouse, and in today's economy the right time

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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 » production inventory

Production Intelligence--Improving Production by Filling a Traditional Gap


Enterprises understand the value of integration. One area that has been ignored is the plant. Plant systems and corporate systems must be complementary and leverage each other to provide their maximum value. Production intelligence provides both integration and valuable information which is not available in either type of system.

production inventory  not linked at all. Production intelligence solutions integrates these various systems, correlates the information, and provides a variety of services including aggregation, analysis, reporting, and visualization. Therefore, flow data from the controls system can be translated into inventory transactions and quality data can be used to evaluate maintenance needs. Work order information from the enterprise resource planning (ERP) system can feed the manufacturing execution system (MES ) system. Multiple Read More

Production and Distribution


Production and distribution are either both performed within an organization, or else one of the functions is outsourced to reduce the overall cost and allow organizations to focus on core competencies. Production is defined as an operation of work performed on goods to make them available for consumption. Distribution encompasses the activities involved in delivering products or services to customers. Every company that handles production or distribution processes faces specific challenges, such as the following:

production inventory  and Distribution Production and distribution are either both performed within an organization, or else one of the functions is outsourced to reduce the overall cost and allow organizations to focus on core competencies. Production is defined as an operation of work performed on goods to make them available for consumption. Distribution encompasses the activities involved in delivering products or services to customers. Every company that handles production or distribution processes faces Read More

Master Requirement Planning and Master Production Scheduling Software: Hard Facts Part Two: Materials Requirement Planning and Master Production Scheduling


Most of the manufacturing software vendors have planning and scheduling software which assume either infinite production capacity for calculating quantities of raw material and work in progress (WIP) requirements or infinite quantities of raw and WIP materials for calculating production capacity. There are many problems with this approach. This paper discusses the pitfalls of this approach and how to avoid these by making sure that the software you buy indeed takes into account finite quantities of required materials as well as finite capacities of work centers in your manufacturing facility.

production inventory  profitability due to high production and inventory costs. And yet you are beset with orders which require a lot of set changes on your work centers, different routing for each order, short delivery lead times, different priorities for orders, etc. In such a situation, a big question mark is chasing you: how to plan your production to survive in such a scenario? Important Considerations The master production scheduling (MPS) component of the software is the one which does most of the work. It makes the 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). 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.

production inventory  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 | Inventory Stock Control | Inventory Supply | Inventory System | Inventory Systems | Inventory Techniques | Inventory Tracking | Inventory Tracking Software | Inventory Tracking System | Inventory Read More

Fixed Asset Inventory: A Guide to Getting Started


Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting, eliminate “ghost assets,” and help an organization recover after a natural disaster. However, the importance of tracking and managing fixed assets such as land, buildings, transportation, and manufacturing equipment is often overlooked. This white paper discusses best practices for fixed asset inventory management and suggests tips for implementing a successful inventory process, including how to create an asset inventory process, implement a label and scanning solution for tracking of assets, establish an accurate baseline of fixed assets, and design a “go-forward” strategy for maintaining an asset inventory.

production inventory  Asset Inventory: A Guide to Getting Started Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting, eliminate “ghost assets,” and help an organization recover after a natural disaster. However, the importance of tracking and managing fixed assets such as land, buildings, transportation, and manufacturing equipment is often overlooked. This white paper discusses best practices for fixed asset Read More

Adexa Collaborative Sales, Inventory, and Operations Planner


Business plans need to be built on a foundation of solid intelligence: knowing what’s coming means you can plan responses proactively. Thus, in order to build a solid sales and operations plan, constraints through the entire supply chain need to be considered. Improving operational efficiency requires that you have the right inventory, in the right quantity, at the right time.

production inventory   Read More

Auto Supplier Chooses Plex Cloud ERP Over QAD, Eliminates Inventory Discrepancies


For several years, Spring Dynamics had been using an on-premise enterprise resource planning (ERP) system that included accounting functions and standard reports on inventory and accounts receivable and payable. Management wanted a more robust, comprehensive system that would also include shop floor operations and generate management reports. Learn how Plex Cloud ERP helped maximize overall business performance.

production inventory  Supplier Chooses Plex Cloud ERP Over QAD, Eliminates Inventory Discrepancies For several years, Spring Dynamics had been using an on-premise enterprise resource planning (ERP) system that included accounting functions and standard reports on inventory and accounts receivable and payable. Management wanted a more robust, comprehensive system that would also include shop floor operations and generate management reports. Learn how Plex Cloud ERP helped maximize overall business performance. Read More

Inventory and Lead Times - Understanding Decoupling Points


While inventory is necessary in manufacturing, most companies would like to reduce their inventory, but only if that did not cause problems. Managing inventory according to decoupling theory is the most effective approach to reducing (the wrong kinds of) inventory without damaging service level—without increasing the risk of shortages that disrupt production (components and materials) and hurt customer service (finished goods). Read more.

production inventory  of shortages that disrupt production (components and materials) and hurt customer service (finished goods). Read more. 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.

production inventory  Management Technology Strategies for Distribution Inventory Management Technology Strategies for Distribution If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Infor SCM’s Warehouse Management system solution enables 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 Read More

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 order to streamline its manufacturing, shipping, and reporting processes, it would need to invest in an enterprise resource planning (ERP) solution. Since implementing ERP, the company has profited from greater inventory control and improved customer service.

production inventory  improving control of the production process would be a complex undertaking. VAI's record of achievement made us comfortable, as did our overriding desire to produce better products and improve customer service and satisfaction. Solution Process VAI's solution allowed the company to achieve all its objectives in one comprehensive package. Maple Leaf personnel simply scan each serial and lot number, which instantly records the transaction for inventory control purposes.The entire duck manufacturing Read More

Newman Technology Cuts Inventory Costs by 25 Percent; Achieves 98 Percent Inventory Accuracy


Newman Technology was using a paper trail system to manage a lot of traffic, and realized that it needed a modern-day solution for production accuracy and accountability. It needed a robust tool and disciplined processes for managing its inventory, purchase orders, and accounts receivables. Learn how Newman Technology improved its communication with suppliers and gained visibility into suppliers’ operations.

production inventory  a modern-day solution for production accuracy and accountability. It needed a robust tool and disciplined processes for managing its inventory, purchase orders, and accounts receivables. Learn how Newman Technology improved its communication with suppliers and gained visibility into suppliers’ operations. Read More

Extending Information Security to Non-production Environments


You think you’re doing right by copying data so it’s available for production support. But did you know copied data is often at risk of insider theft or tampering? And that database management tools, such as encryption and digital certification, aren’t always deployed properly, thereby increasing the risk? Using a solution that centralizes database security policies can help. Find out more—before your data is desecrated.

production inventory  so it’s available for production support. But did you know copied data is often at risk of insider theft or tampering? And that database management tools, such as encryption and digital certification, aren’t always deployed properly, thereby increasing the risk? Using a solution that centralizes database security policies can help. Find out more—before your data is desecrated. 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.

production inventory  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

Achieving Effective Inventory Management with Dynamics GP and RockySoft


Looking for a way to maximize the productivity and profitability of your inventory investment? Although good inventory management software is one key to an effective inventory management program, it must be implemented by a team that thoroughly understands the distributor’s needs and challenges. Learn about two solutions that, when combined, can lead you toward the goal of achieving effective inventory management.

production inventory  Effective Inventory Management with Dynamics GP and RockySoft Looking for a way to maximize the productivity and profitability of your inventory investment? Although good inventory management software is one key to an effective inventory management program, it must be implemented by a team that thoroughly understands the distributor’s needs and challenges. Learn about two solutions that, when combined, can lead you toward the goal of achieving effective inventory management. Read More