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Quote-to-Order (Q2O) Systems
Quote-to-order (Q2O) solutions (sometimes known as configure, price, and quote or CPQ) enable manufacturers to mobilize their mass customization initiatives. These systems can reduce time-consuming...
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Documents related to » reduced wip inventory


State of the MES Software Marketplace
Despite predictions that it would be subsumed by enterprise resource planning (ERP) vendors encroaching from above and automation vendors encroaching from below

reduced wip inventory  version of the truth reduced WIP inventory multiplant visibility-integrated traceability and common best practices knowledge capture of an aging workforce reduced costs-labor and capital expenditure reductions support for stock-keeping unit (SKU) proliferation-smaller lots sizes with greater production mix labor tracking and ability to review efficiencies by work center, operators, and equipment calculation and identification of production bottlenecks, with revision of both actual and what-if scenarios Read More...
How Manufacturers Use Technology to Help Weather the Economic Downturn
Too often, manufacturers implement technology for financial reporting, but overlook efficiencies that can generate cash flow and reduce costs on the shop floor.

reduced wip inventory  dollars are best spent. Reduced Down Time. Can you reduce or minimize the time spent looking for machines, tools and other assets or plan maintenance and calibration to avoid machine down time? A tracking system using barcode will show where your assets are at the time they are needed — who took them last or which job they were checked out to. An integrated maintenance scheduler will flag required maintenance as it is due and assure OSHA compliance. Do you make shrinkage unacceptable? Proper control of Read More...
Increasing the Value of Your Enterprise Through Improved Supply Chain Decisions Part 2: Financial Metrics
If the key financial metrics for creating corporate value relate to costs, capital charges and consumption, and profitability, then the corporate capabilities

reduced wip inventory  for EVA® can be reduced as follows 1 : EVA = Return on Net Assets (RONA) less Weighted Average Cost of Capital (WACC) where RONA = Net Operating Profit after Tax (NOPAT) Net Assets   NOPAT = Net Sales less Operating Expenses and Taxes   Net Assets = Cash, Working Capital and Fixed Assets or Total Assets less Current Liabilities and Financial Assets and WACC = E/V x Re + D/V x Rd x (1-Tc) 2 Where : Re = cost of equity Rd = cost of debt E = the market value of the firm''s equity D = the market value of Read More...
Production Planning and Scheduling Software for the Textile Industry: Unknown Frontiers
The textile industry is famous for its very different characteristics when compared to industries in either process or discrete manufacturing. Developing

reduced wip inventory  times will be significantly reduced. Route WIPs at the looms where the same weaving style is set for the earlier work order and where the same number of ends (number of yarn threads which go inside the fabric to form its width) is set for an earlier work order, otherwise manually knotting ends may take up to ten hours. Also route WIPS at looms where the same weft (yarn threads which go in the fabric vertical to the warp direction) is set for the earlier work order. The remedies mentioned in this article Read More...
The Theory of Constraints Enters the Lean Manufacturing Arena
Lean principles are difficult to employ in complex environments, but materials requirement planning has well-known limitations. The theory of constraints, which

reduced wip inventory  lots, shorter lead times, reduced inventory and work-in-process (WIP), and higher quality. Infor , for example, claims that dozens of its customers, operating in a similar environment, have had significant improvements in performance and profitability within two or three months. As long as management buys in, the methods and the tools are available. There is some relativism to be considered, however, since the improvements may not be on par with those obtained by high volume, repetitive manufacturers. Read More...
Inventory Management: 3 Keys to Freeing Working Capital
In times of economic uncertainty, you need to actively seek out best practices in how to adopt practical working capital optimization to improve financial

reduced wip inventory   Read More...
Inventory Planning & Optimization: Extending Your ERP System Part Two: How It Works
Organizations today realize that although strategies focusing on outsourcing transportation, e-business and new distribution models are important, these are all

reduced wip inventory  Improved product mix. Dynamically reduced safety stock and therefore holding costs. Lost sales reduced. Slow moving items treated accordingly. Exception management and event management. Lead time is critical and is better understood, with business managed better accordingly. Other savings that organizations make, which are more complex to measure, but never-the-less can make a significant contribution include but are nor limited to automated functions that some software solutions will execute and leave Read More...
Blue Link Associates Limited
Blue Link Associates develops and delivers a fully integrated ERP software suite including inventory management, accounting, contact management, eCommerce

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Supply Chain Management: Morphing the Functional Scope of Service Parts
The quintessential business challenge is to minimize downtime on assets while minimizing the cost of spare and replacement parts inventory. To meet these

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RockySoft Inventory Management Suite
RockySoft''s Web-based inventoy management modules for distribution and manufacturing include Active Inventory Manager, Demand Management, Demand

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Overcoming Chemicals Industry Challenges through Optimization of Distribution and Inventory
For chemical companies, optimizing the distribution network and rationalizing inventories are the keys to an efficient supply chain and smoother operations

reduced wip inventory  SCM,supply chain management,chemicals industry,chemicals,distribution optimization,inventory rationalization,production planning,production scheduling,PLM,product lifecycle management,ERP,enterprise resource planning,environmental regulations,ECLIPS,REACH Read More...
Challenges and Future Plans of a Product Inventory Disposition Vendor
Despite FreeFlow''s success at helping organizations regain some margin of profitability for excess inventory, the company still strives for expansion and

reduced wip inventory  FreeFlow,inventory asset management,inventory asset recovery,product inventory disposition,supply chain management,SCM,end-of-life,EOL,excess and obsolete inventory,E&O,excess active inventory,refurbished inventory,private auction liquidation platform,pre-auction services,post-auction services 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

reduced wip inventory  at the expense of reduced net profitability. The Sage MAS 500 Solution The customer service level measures how often items must be in stock when customers require them. Sage MAS 500 inventory modules provide distributors with four tools for meaningful analysis. These tools can pinpoint successes, as well as opportunities for improvement, in the following key areas: Customer service level Inventory turnover Return on investment Adjusted gross margin Customer Service Level Keep in mind that customers will Read More...
Inventory Reduction: Effectively Turning Excess Into Cash
In virtually all manufacturing companies, there is a direct correlation between inventory levels and overall business performance. In fact, CEO''s and CFO''s

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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

reduced wip inventory   Read More...

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