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Less Stock, More Profit: Inventory Optimization
Inventory optimization is the area where most enterprise resource planning (ERP) software implementations get the highest and fastest return on investment (ROI)

basic inventory control methods  to capture demand on basic levels. A product configurator tool helps set up final configuration at the order entry stage, meaning final products do not have to be stored in the warehouse, only the individual components. This makes it possible for forecasting to be much easier and more accurate, as well as cutting leadtimes. As companies create more SKUs, it becomes more complicated to ensure accurate information on all of them. To ease the heavy maintenance of thousands of different products, IBS Read More...
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 » basic inventory control methods


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

basic inventory control methods  quantity in addition to basic inventory that serves as a buffer against uncertainty. The challenge is to weigh the balance in favor of basic stock so that the business holds as little safety stock as possible and provides 'just the right amount' of seasonal stock. However, the predictability of demand has a direct impact on how much safety stock a business must hold. When demand is unpredictable, higher levels of safety stock must be maintained. Therefore, the search for the optimal inventory levels to Read More...
Six Keys to Exceeding Expectations with Inventory Optimization Initiatives
Inventory optimization is a proven vehicle to gain competitive value through reduced inventory, freed-up working capital, and improved service levels. But

basic inventory control methods  have at least a basic understanding of the data that goes into the process and accept the results that come out. Your staff needs to work with senior consultants from the vendor to familiarize themselves with why and how supply chain information is being modeled, analyzed and processed to create optimal results for the organization. The ongoing optimization takes into account transaction data as well as uncertainty in demand, volatile supply, costs and delivery timetables, inaccurate or inconsistent Read More...
Evaluating Enterprise Software - Business Process or Feature/Function-Based Approach? All the above, Perhaps? Part Two
There is certainly room to ask the fundamental question of whether the traditional practice of RFI/RFP-based selection processes has been adequate for the task

basic inventory control methods  approach is that your basic everyone needs this functionality is typically already documented and available from a software selection service. It is a simple matter of reviewing a list to confirm the necessity of the function or feature. For example, it is commonly known what a general ledger does. Do you need to take the time re-document what already exists in the literature? Of course not. More importantly, the traditional approach allows clients to focus their attention on the critical aspects of Read More...
RFID Case Study: Gillette and Provia Part One: Background
The goal of the pilot project was not to see whether RFID tags on pallets and cases could be read automatically (although one should not assume that it is easy

basic inventory control methods  if deployed in its basic form, the technology would simply replace current identification methods (i.e., barcodes) but significantly increase the cost. Thus, to achieve these additional above-touted business benefits, RFID use must automate business processes for better stock identification, and the act of automating information collected from stock movements requires considerable additional business logic and analytics. For example, just an RFID reading event will not give any indication as to whether Read More...
Case Study: Enterprise Cost Control Simplifies the Complex
Wellman Thermal, a make-to-contract (MTC) manufacturer of boilers and industrial furnaces, needed an information system to record actual costs and allocate

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Methods and Tools Operationalizing Data Governance
Data governance is about standardizing principles and implementing best practices. This white paper looks at common challenges to effective information use, and

basic inventory control methods  data governance,data policies,SAP white paper Read More...
Warehouse Control Systems: Orchestrating Warehouse Efficiency
You’re probably already familiar with the role of a warehouse management system (WMS). But a warehouse control system (WCS)? In your warehouse, a WCS can play

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Continental Control Systems LLC


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Khaos Control


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Fixed Asset Inventory Best Practices
Asset management cannot be successfully implemented by your accounting department alone (or any other single department). That’s why you should be on top of

basic inventory control methods  Asset Inventory Best Practices Asset management cannot be successfully implemented by your accounting department alone (or any other single department). That’s why you should be on top of today’s asset management climate and the tools available to improve controls. Learn about approaches that are getting results, and find out what doesn’t work (and why). Finally, get the lowdown on best practices which have proved both effective and durable. Read More...
Case Study: How Novelis Slashed Inventory by Eight Million Pounds
Novelis is the world leader in aluminum rolling and beverage can recycling. Novelis produces advanced aluminum sheet and foil products for customers in high

basic inventory control methods  Study: How Novelis Slashed Inventory by Eight Million Pounds Novelis is the world leader in aluminum rolling and beverage can recycling. Novelis produces advanced aluminum sheet and foil products for customers in high-value markets, including automotive, transportation, packaging, construction, and printing. Find out how scheduling technology improved some of its most important key performance indicators (KPIs). Read More...
Endries Gains In-house Control of Dispersed Fixed Asset Base


basic inventory control methods  Sage Fixed Assets,fixed asset management strategy Read More...
IP Devices Promise the Future of Data Center Control and Management
The need for secure remote management tops network administrators’ “to do” lists. Until now, this was cost-prohibitive for all but the largest data centers

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