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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...
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...
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...
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...
MRP Success Story: Swiss American Products
Learn how Swiss-American Inc., a leading manufacturer of medical products, improved the accuracy of its inventory levels by adopting a new manufacturing system

reduced wip inventory  ProcessPro,inventory,case,elta,medical,Manufacturing 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

reduced wip inventory  fixed asset inventory solution,fixed assets,asset accounting,asset inventory,asset tracking Read More...
Meet Sage Inventory Advisor in the Cloud
Sage recently announced the general availability of Sage Inventory Advisor, a new cloud forecasting and planning solution that integrates with Sage enterprise

reduced wip inventory   Read More...
Five Inventory Areas that Every Process Manufacturer Must Master
While many ERP systems claim to cater to the process manufacturing industry, a closer look reveals that in reality, little distinction is made within ERP

reduced wip inventory  process manufacturing,process ERP software,multi-dimensional inventory requirements,process manufacturing inventory requirements,multi-dimensional inventory for process manufacturers,process manufacturing inventory management,process inventory management,process inventory,Fullscope Read More...
ERP: Origins, Developments, and Trends
ERP first developed as a form of inventory control and later grew to link disparate bodies of information together from across the enterprise. Now, ERP

reduced wip inventory  enterprise resource management,ERP,inventory control,management functions,master production schedule,MPS,materials requirement,MRP,planning,capacity requirements planning,CPR,manufacturing resource planning,MRPII,advanced planning and scheduling,APS Read More...
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...
Customer Success Story: Batchmaster Provides Superior Inventory Control
Superior Quality Foods was growing, but poor inventory control was impacting its profitability. To ensure there was enough stock to meet production needs, it

reduced wip inventory   Read More...

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