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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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 reduced wip inventory

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

Help Desk for the Health Care Industry

Help Desk is an application for assisting and managing calls for support from computer users. It also includes computer and software inventory tracking along with technical support knowledge bases.  

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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, the manufacturing execution systems (MES) market has been growing steadily. This guide from TEC and Flexware Innovation provides state-of-the-market analysis, success stories from your peers, in-depth information on solutions, and a spotlight on leading vendors.

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

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 production planning and scheduling software for any textile mill is a real challenge even for seasoned industry experts. This article focuses on some of the unique challenges posed to master requirement planning and master production scheduling (MRP / MPS) software vendors by the textile industry.

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

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. While credit won’t cure the credit crunch manufacturers are facing, automated processes that improve cash flow and keep lenders in the loop can go a long way in convincing lenders that their risk is low. Find out more about how automated systems can help you.

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

Pull vs Push: a Discussion of Lean, JIT, Flow, and Traditional MRP Part 1: Tutorial


Flow manufacturing leverages techniques to help manufacturers create any product on any given day, in any given quantity including the "quantity of one" (i.e., through the so-called mixed-model production), while keeping inventories to a minimum and shortening cycle times in order to quickly fill customer orders.

reduced wip inventory  to things such as reduced inventory throughout the supply chain, shorter lead times, and faster cycle times enabling improved response to customer demands. Many vendors have consequently bolstered their commitment to lean manufacturing practices with functionality designed to promote rapid response to customer orders based on demand pull . This includes kanban, mixed-mode manufacturing (i.e., building a new model every day, according to daily demand in order to make several different parts or products 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 or competencies required to drive those metrics must include controlling supply chain costs, managing supply chain cycle time, and optimizing responsiveness to the marketplace.

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

Blue Link Associates Limited


Blue Link Associates develops and delivers a fully integrated ERP software suite including inventory management, accounting, contact management, eCommerce integration, and many other modules and components. It services a wide range of clients in a variety of industries throughout Canada, the United States, and the Caribbean. 

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Effective Inventory Analysis


For many distributors, inventory is the largest and perhaps the most important asset. Inventory ties up more money than buildings or equipment, and is often less “liquid.” It is crucial, then, that distributors develop and use a comprehensive set of tools that allows close monitoring of the performance of inventory investments. Read more about simple measurements that can help you maximize your investment in inventory.

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The Top Nine Inventory Management Mistakes: Worst Practices and How to Turn Them Around


Every distributor and manufacturer can find ways to optimize processes. But there are key challenges to infusing efficiency and profitability into your established inventory management practices. Learn about common challenges and roadblocks to converting inventory from cost to competitive advantage—and learn from the nine “worst practices” that can help you benchmark your current inventory management strategy.

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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.

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JustEnough for Sales & Distribution


JustEnough's solutions, available for cloud or on premises implementations, can help retailers forecast customer demand, plan merchandise and inventory, and then execute on those plans. Modules available from JustEnough include Merchandise Financial Planning, Assortment & Space Planning, Price & Markdown Planning, Promotion Management, Allocation and Replenishment.    

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Inventory Planning & Optimization: Extending Your ERP System Part Three: Business Case for Inventory Optimization Solutions


Inventory Optimization software recognizes that different industries have different inventory profiles and requirements. Research has indicated that solutions are priced in a large range from tens of thousands of Dollars to millions of Dollars. In this niche market sector, price is definitely not an indicator of the quality of solution. ROI and usability are paramount.

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TCLogic, LLC


Headquartered in Indianapolis (US) and established in 1997, TCLogic develops Web-based inventory optimization solutions, built to provide customers with business intelligence about their inventory. The company specializes in inventory management in distribution-intensive operations where balancing service-level commitments and inventory levels is important. TCLogic services various business sectors, including automotive; electrical; heating, ventilating, and air conditioning (HVAC); health care/medical; metals processing; construction materials; industrial supplies; pipes, valves, and fittings (PVF); and durable goods manufacturing.

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Inventory Planning & Optimization: Extending Your ERP System


SCM vendors are adding best of breed solutions to ERP product suites and are aggressively marketing this new functionality. The SCM market has been growing so strongly that where SCM was once viewed as a means to gain competitive advantage, companies now see it as a necessary extension of an ERP system, especially Inventory Management and Optimization solutions.

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Click Commerce Helps Aviall Optimize Their Service Supply Chain and Reduce Excess Inventory


Availl, Inc, the leading solution provider of sales, supply chain management, and logistic services for the aviation industry. Learn how it used Click Commerce Service Parts Optimization solutions to extend its inventory planning capabilities, enable comprehensive demand forecasting, and provide Web-based visibility into global inventories.

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Better Inventory Management: Big Challenges, Big Data, Emerging Solutions


Effective inventory control and management is a vital function to help insure the continued success of distribution and manufacturing and companies. Learn about new, flexible, and more refined tools that provide for dynamic optimization of inventories to maximize customer service, throughput, and market share, while decreasing inventory investment and lowering costs.

reduced wip inventory  Equation Technologies, MRP, inventory optimization, material requirements planning, demand management Read More