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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...
ACCPAC -- Being Much More Than Meets The Eye
By recently undertaking a number of both prudent and bold initiatives, ACCPAC International, still largely considered an accounting solutions provider, may have

reduced wip inventory  the potential for significantly reduced total cost of ownership (TCO) in managing their accounting systems. This concludes Part One of a four-part note. Part Two will continue detailing recent ACCPAC announcements. Part Three will discuss the Market Impact. Part Four will cover Challenges and make User Recommendations. 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...
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...
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

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...
Waer Systems—Integration, Process, and Presentation in the Supply Chain
Long known as a supply chain firm with specialized capabilities around warehouse and inventory management, U.K.-based Waer Systems has never been one to sit

reduced wip inventory  aerospace and defense, A&D, cloud, ERP, inventory management, manufacturing, reverse logistics, software-as-a-service, SaaS, supply chain, Waer, Waer Systems, WAERconsole, WAERflow, WAERlinx, warehouse management, vendor managed inventory, VMI, systems integration Read More...
SAP to Acquire Inventory Optimization Vendor SmartOps
SAP announced on Friday evening its intention to (finally) acquire SmartOps, a move much anticipated for some time. The most enduring mystery about this is not

reduced wip inventory   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

reduced wip inventory   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

reduced wip inventory  internal costs cannot be reduced without tight collaboration with trading partners; this is where most money can be saved. Once again, this is evidence of the way that effective IT systems both forces cultural change on a company and can be used to assist that change. The use of IT to provide Business Process Automation is helping to reduce operational transaction costs and maximize efficiency as well as providing the ability to monitor all aspects of the business and supply chain performance. This Read More...
Best Practices in Demand and Inventory Planning for Chemical Companies
Supply chain planning involves functions such as demand forecasting and planning, distribution inventory planning, and plant capacity planning and scheduling

reduced wip inventory  CDC Software,inventory,management supply chain,scm,supply chain management,inventory management,logistics supply chain management,supply chain logistics management,supply chain management software,supply inventory,inventory fulfillment,inventory logistics,inventory planning,supply chain inventory,supply chain planning Read More...
Inventory on the Water: Do You Know Where It Is?
Today, more and more companies are purchasing goods from overseas. But once those goods are on the water, many companies find it difficult to keep track of

reduced wip inventory   Read More...
APICS 2009 Preview Webinar Series, Session 5: Managing Inventory in a Changing Economy
The 2009 APICS International Conference and Expo is starting next week in Toronto (Canada). One of the educational tracks is focusing on how to manage inventory

reduced wip inventory   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...
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

reduced wip inventory  inventory manangement,inventory solution,inventory process,stock analysis,warehouse management,manage inventory,warehouse management software 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...

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