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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 or...
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Documents related to » wip inventories


Begin at the End: A Good Lean Strategy Starts with Defining Your Ultimate Goal
You know the statistics—lean can shorten your lead times, reduce inventories, cut operating costs, free up resources, and more. But countless surveys have

wip inventories  lead-times are instantaneous, until WIP is 0, until defects are 0, until changeover times are 0, until margins are the best in your industry, there are opportunities for improvement. Summary Let''s summarize by presenting a recommended lean implementation strategy. Lean Executive Overview: Send the executive team and core implementation team to a lean executive overview workshop. The workshop should provide attendees with a background in lean and introduce them to basic principles in one-piece-flow, 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.

wip inventories  Work in Process (WIP): WIP software is a subset of Job Costing, and tracks a specific work order through the production process. It will tell your scheduler and production manager the stage of each work order in the production process at any moment. Inventory Control: An Inventory Control software package will account for your stock parts and tell you when you need to reorder. It can issue parts to a work order or job and confirm that the correct items have been pulled. It will keep track of finished 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

wip inventories  the required quantities of WIP and finished products, and that no inventories are created unnecessarily. Master Production scheduling (MPS) is important because it calculates the time required to make finished products as per orders from raw, sourced, and WIP materials and so the delivery dates are determined from the lead times in processing materials on different work centers. In today''s manufacturing both accurate delivery dates and optimizing resources are equally important. For this, good software Read More...
Best Manufacturing Scheduling Systems
The market place is awash with many kinds of manufacturing scheduling systems. Due to the dynamic nature of the manufacturing shop floor, it is of utmost

wip inventories  be multilevel so that WIP materials at different process stages can be represented conveniently and accurately. Dynamic Process Definitions Suppose a system is defined for only a fixed number of process steps and the manufacturing site incorporates a new process step. How will the system deal with it? Imagine that the manufacturing site does away with a process step and the installed system gets confused about how to deal with such a situation. A dynamic manufacturing scheduling system with dynamic Read More...
Should interBiz Mean Intelligence And Prediction Beyond ERP?
Although interBiz has spouted an interesting value proposition to many enterprise applications users, the company still has to address some potential stumbling

wip inventories  raw materials and work-in-progress (WIP) inventories, as well as the traditional finished goods inventory. In addition to logistics and fulfillment enhancements, MK Manufacturing version 8.4 delivers improvements to its service functions, planning, financial management, projects, and product customization features. Premium Services Plans  On October 15, interBiz announced Premium Services Plans, which provide maintenance for modifications and the migration of modifications to new versions of interBiz Read More...
Justification of ERP Investments Part 1: Quantifiable Benefits from an ERP System
Studies that surveyed manufacturers about the impact of ERP systems on firm performance indicate that company size and industry do not affect the results

wip inventories  of ERP Investments Part 1: Quantifiable Benefits from an ERP System Originally published - February 13, 2004 Justification of ERP Investments* The expected return on investment provides the cost justification and motivation for investing in ERP. There are quantifiable benefits as well as intangible benefits in the ERP investment decision. The quantifiable benefits have a bottom-line impact on profitability, asset turnover, and a potential effect on stock value. This section discusses the Read More...
Jack Link''s Beef Jerky Case Study:
A four-phased approach allowed for the gradual assimilation of a new technology into the organization. Start small and feel your way, but think and plan for

wip inventories  lack of visibility into WIP inventory and unavailability of accurate data makes the development of a basis for better product costing extremely difficult. In the To Be process raw materials are received in large totes and then deconsolidated into smaller totes that hold the raw material throughout the different manufacturing processes. As part of the receiving process the raw material lot information is captured from vendor-supplied paper documents using handheld devices and is recorded into the ERP Read More...
Sorting Through the ERP, Lean MFG, APS, and MES Clutter - Part 2
Part 1 of this blog series started with the fact that the ability to sense demand and become a demand-driven (responsive) business is more than just the catch

wip inventories  schedules and do model WIP inventory levels. How is scheduling different from planning, and why is the planning-scheduling tandem important? Well, planning systems work in future time buckets (monthly, weekly, daily) and cannot preserve the planned operation sequences (or respond with adequate changes) within the time bucket, once the actual production starts. Conversely, true scheduling systems are bucketless, can preserve sequencing optimization (based on efficiency goals, profit objectives, customer Read More...
When the Going Gets Tough, the Tough Need Insight: Performance Management in a Weak Economy
Reduced credit availability. Falling demand. Earnings pressure. Today’s economic conditions have sparked a range of challenges, including compromised cash flows

wip inventories  the Going Gets Tough, the Tough Need Insight: Performance Management in a Weak Economy Reduced credit availability. Falling demand. Earnings pressure. Today’s economic conditions have sparked a range of challenges, including compromised cash flows, difficulty managing inventories to meet fluctuating demand, and declining sales and profits. And what helped you in the past might not in the future. Avoid becoming a statistic: access the critical data a performance management solution can provide. Learn Read More...
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

wip inventories  Inventory Optimization to Reduce Inventory Levels in a Lean Environment Using Inventory Optimization to Reduce Inventory Levels in a Lean Environment If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. SYSPRO Inventory enables effective customer servicing and improved profits by providing superior inventory that optimizes stocking levels. Inventory Optimization that aggregates & analyzes inventory to support lean manufacturing Read More...
AuraPortal: A BPM Vendor Worth Checking Out
AuraPortal, a new business process management (BPM) vendor, offers a solution that creates business process execution models without the need for heavy IT

wip inventories  at the same time. WIP provides a rich communication platform for all guest and casual users, such as customers, providers, etc. WIP is an essential part of the CRM Module (to be explained shortly), which is built into the AuraPortal BPMS processes. Of note, this module grants the right to work with an unlimited number of guest users at no additional charge. CM (Content Management) Module provides content management for Web-based publishing of announcements, news, articles, documents, videos, and any type 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

wip inventories  Reduction: Effectively Turning Excess Into Cash Introduction In virtually all manufacturing companies, there is a direct correlation between inventory levels and overall business performance. According to Harold Geneen, the legendary financial genius and former chairman of ITT, all the problems of business end up in inventory. Most knowledgeable executives would agree with Geneen. In fact, CEO''s and CFO''s believe that their companies consistently carry 25 to 40 percent or more inventory than is Read More...
Avoid the Perils of Service Parts Planning in Supply Chain Management
Significant differences exist between the new parts production supply chain and the service and replacement parts supply chain. Companies using conventional

wip inventories  the Perils of Service Parts Planning in Supply Chain Management More On Service Parts Planning Inventory planning and management is generally a well-researched and documented and applied discipline. However, the vast majority of work and associated software products are directed at servicing the needs of the new parts production supply chains, moving product from the likes of Proctor & Gamble to Wal-Mart across the globe (see Linking Planning and Execution Systems for Retailers'' Nirvana—Improved Read More...
ERP Systems and the ETO Manufacturing Market Part One: Event Summary
Users increasingly look for an enterprise resource planning (ERP) system designed for a specific business, since software that combines industry-specific

wip inventories  goods are moved from WIP to finished goods inventory before the shipment to the customer. Based on the above analysis and our familiarity with most leading vendors'' capabilities, there is a strong feeling that only a minority of all ERP vendors properly support the ETO and project-based manufacturing environments. This brings us to so called fatal flaws , which are missing functions that may make it extremely difficult if not impossible for the application software to run the physical business. For more Read More...
So What’s the Big Deal with Chemicals?
Due to the inherent challenges of the industry, most chemical companies are still unable to profitably respond to highly variable demand, or to execute

wip inventories  Smaller batch sizes reduce WIP levels, but also reduce productivity, whereas cycle times can be shortened to reduce cycle stock, but end up increasing the time spent making production transitions. Traditionally, chemical companies, especially those with a continuous production model, have opted for lengthy production runs coupled with an after-the-fact sales and marketing strategy. This was due to the maturity of the industry, especially on the basic chemicals side; efficiency comes via economies of Read More...

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